| Product Code: ETC4414652 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The vendor risk management market in Sri Lanka is gaining traction as organizations recognize the importance of assessing and mitigating risks associated with third-party suppliers and vendors. With increasing regulatory scrutiny and cybersecurity threats, businesses are investing in vendor risk management solutions to ensure compliance, protect sensitive data, and maintain business continuity.
Driven by regulatory compliance requirements, cybersecurity concerns, and demand for third-party risk assessment solutions. Vendor risk management ensures supplier reliability, data security, and business continuity, supporting risk mitigation strategies in organizations.
The Vendor Risk Management market encounters challenges such as data privacy and security concerns. High costs associated with implementing and maintaining risk management systems are a significant concern. The market also faces competition from traditional risk management solutions, impacting its growth.
Policies promoting cybersecurity and risk management significantly influence the vendor risk management market. Government support for the adoption of advanced risk management solutions in public and private sectors is crucial. Regulations on data protection and compliance standards also drive market growth.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Sri Lanka Vendor Risk Management Market Overview |
3.1 Sri Lanka Country Macro Economic Indicators |
3.2 Sri Lanka Vendor Risk Management Market Revenues & Volume, 2021 & 2031F |
3.3 Sri Lanka Vendor Risk Management Market - Industry Life Cycle |
3.4 Sri Lanka Vendor Risk Management Market - Porter's Five Forces |
3.5 Sri Lanka Vendor Risk Management Market Revenues & Volume Share, By Component , 2021 & 2031F |
3.6 Sri Lanka Vendor Risk Management Market Revenues & Volume Share, By Deployment Type, 2021 & 2031F |
3.7 Sri Lanka Vendor Risk Management Market Revenues & Volume Share, By Industry Vertical, 2021 & 2031F |
3.8 Sri Lanka Vendor Risk Management Market Revenues & Volume Share, By Organization Size, 2021 & 2031F |
4 Sri Lanka Vendor Risk Management Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about cybersecurity threats and the importance of vendor risk management in Sri Lanka |
4.2.2 Stringent regulatory requirements mandating organizations to effectively manage vendor risks |
4.2.3 Growing adoption of cloud services and outsourcing, leading to a higher number of vendors to manage |
4.3 Market Restraints |
4.3.1 Lack of skilled professionals in the field of vendor risk management in Sri Lanka |
4.3.2 Limited budget allocation for implementing robust vendor risk management solutions |
5 Sri Lanka Vendor Risk Management Market Trends |
6 Sri Lanka Vendor Risk Management Market, By Types |
6.1 Sri Lanka Vendor Risk Management Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Sri Lanka Vendor Risk Management Market Revenues & Volume, By Component , 2021-2031F |
6.1.3 Sri Lanka Vendor Risk Management Market Revenues & Volume, By Solution, 2021-2031F |
6.1.4 Sri Lanka Vendor Risk Management Market Revenues & Volume, By Service, 2021-2031F |
6.2 Sri Lanka Vendor Risk Management Market, By Deployment Type |
6.2.1 Overview and Analysis |
6.2.2 Sri Lanka Vendor Risk Management Market Revenues & Volume, By On-premises, 2021-2031F |
6.2.3 Sri Lanka Vendor Risk Management Market Revenues & Volume, By Cloud, 2021-2031F |
6.3 Sri Lanka Vendor Risk Management Market, By Industry Vertical |
6.3.1 Overview and Analysis |
6.3.2 Sri Lanka Vendor Risk Management Market Revenues & Volume, By BFSI, 2021-2031F |
6.3.3 Sri Lanka Vendor Risk Management Market Revenues & Volume, By Telecom and IT, 2021-2031F |
6.3.4 Sri Lanka Vendor Risk Management Market Revenues & Volume, By Consumer Goods and Retail, 2021-2031F |
6.3.5 Sri Lanka Vendor Risk Management Market Revenues & Volume, By Healthcare and Life Sciences, 2021-2031F |
6.3.6 Sri Lanka Vendor Risk Management Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.3.7 Sri Lanka Vendor Risk Management Market Revenues & Volume, By Energy and Utilities, 2021-2031F |
6.3.8 Sri Lanka Vendor Risk Management Market Revenues & Volume, By Others, 2021-2031F |
6.3.9 Sri Lanka Vendor Risk Management Market Revenues & Volume, By Others, 2021-2031F |
6.4 Sri Lanka Vendor Risk Management Market, By Organization Size |
6.4.1 Overview and Analysis |
6.4.2 Sri Lanka Vendor Risk Management Market Revenues & Volume, By SMEs, 2021-2031F |
6.4.3 Sri Lanka Vendor Risk Management Market Revenues & Volume, By Large Enterprises, 2021-2031F |
7 Sri Lanka Vendor Risk Management Market Import-Export Trade Statistics |
7.1 Sri Lanka Vendor Risk Management Market Export to Major Countries |
7.2 Sri Lanka Vendor Risk Management Market Imports from Major Countries |
8 Sri Lanka Vendor Risk Management Market Key Performance Indicators |
8.1 Percentage of organizations in Sri Lanka that have implemented vendor risk management practices |
8.2 Number of data breaches or security incidents related to vendor risks in Sri Lanka |
8.3 Rate of adoption of vendor risk management solutions by organizations in Sri Lanka |
9 Sri Lanka Vendor Risk Management Market - Opportunity Assessment |
9.1 Sri Lanka Vendor Risk Management Market Opportunity Assessment, By Component , 2021 & 2031F |
9.2 Sri Lanka Vendor Risk Management Market Opportunity Assessment, By Deployment Type, 2021 & 2031F |
9.3 Sri Lanka Vendor Risk Management Market Opportunity Assessment, By Industry Vertical, 2021 & 2031F |
9.4 Sri Lanka Vendor Risk Management Market Opportunity Assessment, By Organization Size, 2021 & 2031F |
10 Sri Lanka Vendor Risk Management Market - Competitive Landscape |
10.1 Sri Lanka Vendor Risk Management Market Revenue Share, By Companies, 2024 |
10.2 Sri Lanka Vendor Risk Management Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |