Gartner® Report: Market Guide for Third-Party Risk Management

As organizations’ dependency on third parties and third-party technologies grows, so does the spectrum of risks to which those organizations are exposed. Without a clear view of the third-party security landscape, it is nearly impossible for administrators to craft effective policies and protections.

This new Gartner® report covers key findings and recommendations for leaders in the market for third-party risk management (TPRM) solutions. TPRM platforms offer versatile capabilities that support supply chain, IT, cybersecurity, procurement, legal and compliance functions.

Some key findings from this report:

Organizations utilize multiple technology platforms to address third-party risks because no single solution supports all use cases or domains
Many TPRM technology providers continue to invest in integrated cross-functional risk-management capabilities, allowing clients and customers to manage their third-party risk domains across multiple business functions and numerous stakeholders.

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GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved. Gartner, Market Guide for Third-Party Risk Management Technology Solutions, Antonia Donaldson, Luke Ellery, John Klapmust, Oscar Isaka, Alicia Booker-Carney, Dawn Singer, Martin Shreffler, Joanne Spencer, Lynn Stang,. 5 May 2025.

Gartner® Report: Market Guide for Third-Party Risk Management Technology Solutions