South Africa Third Party Risk Management Market to 2032

Overview

The South Africa Third Party Risk Management Market is expected to reach a 185.30 USD Billion by 2032 and is projected to grow at a CAGR of 22.41% from 2025 to 2032.

Revenue, 2024 (USD Billion)
59.31
Forecast, 2032 (USD Billion)
185.30
CAGR, 2024 - 2032
22.41%
Report Coverage
South Africa

South Africa Third Party Risk Management Market 2018-2032 USD Billion

South Africa Third Party Risk Management Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 59.31 USD Billion
  • Projected Market Size (2032): 185.30 USD Billion
  • CAGR (2025-2032): 22.41%

Key Findings of South Africa Third Party Risk Management Market

  • The South Africa Third Party Risk Management Market was valued at 59.31 USD Billion in 2024.
  • The South Africa Third Party Risk Management Market is likely to grow at a CAGR of 22.41% during the forecast period of 2024 to 2032.
  • In 2024, the Largest segment Large Enterprises in Organization Size Segment accounted for the largest share of the market with a revenue of 41.21 USD Billion
  • The fastest growing segment Cloud in Deployment Model Segment grew Fastest with a CAGR of 24.16% during the forecast period from 2024 to 2032.

South Africa Third Party Risk Management Market Scope

South Africa Third Party Risk Management Market Segmentation & Scope
Component
  • Services
  • Solutions
Deployment Model
  • Cloud
  • On-Premise
Organization Size
  • Small and Medium-Sized Enterprises
  • Large Enterprises
End User
  • Healthcare and Life Sciences
  • Others
  • IT and Telecom
  • Energy and Utilities
  • Manufacturing
  • Retail and Consumer Goods
  • Banking, Financial Services, and Insurance
  • Government, Aerospace, and Defense

South Africa Third Party Risk Management Market Data Coverage Insights

Study Period 2024-2032
Base Year 2021
Unit Revenue in USD Billion
Market Value in 2024 59.31 USD Billion
Market Value in 2032 185.30 USD Billion
CAGR (2025-2032) 22.41%
Historic Data 2016-2023
Market Segments Covered Component,Deployment Model,Organization Size,End User

Regional Insights:

  • Leading Market (2024-2032): South Africa, leading in terms of revenue 59.31 USD Billion in 2024
    • Key Country: South Africa, leading in terms of revenue with value of 59.31 USD Billion in 2024.

Segments and Scope

  • South Africa Third Party Risk Management Market to 2032, By Component
    • Solutions is the largest segment in South Africa Third Party Risk Management Market to 2032 with a revenue of 40.81 USD Billion in the year 2024.
    • Solutions is the Fastest growing segment in South Africa Third Party Risk Management Market to 2032 with a Growth rate of 23.12 % in forecast period 2025-2032.
  • South Africa Third Party Risk Management Market to 2032, By Deployment Model
    • On-Premise is the largest segment in South Africa Third Party Risk Management Market to 2032 with a revenue of 36.69 USD Billion in the year 2024.
    • Cloud is the Fastest growing segment in South Africa Third Party Risk Management Market to 2032 with a Growth rate of 21.33 % in forecast period 2025-2032.
  • South Africa Third Party Risk Management Market to 2032, By Organization Size
    • Large Enterprises is the largest segment in South Africa Third Party Risk Management Market to 2032 with a revenue of 41.21 USD Billion in the year 2024.
    • Small and Medium-Sized Enterprises is the Fastest growing segment in South Africa Third Party Risk Management Market to 2032 with a Growth rate of 21.79 % in forecast period 2025-2032.
  • South Africa Third Party Risk Management Market to 2032, By End User
    • Government, Aerospace, and Defense is the largest segment in South Africa Third Party Risk Management Market to 2032 with a revenue of 27.29 USD Billion in the year 2024.
    • Banking, Financial Services, and Insurance is the Fastest growing segment in South Africa Third Party Risk Management Market to 2032 with a Growth rate of 22.78 % in forecast period 2025-2032.

South Africa Third Party Risk Management Market Company Share Analysis

 
Company Name Company Share Analysis
Genpact
Deloitte Touche Tohmatsu Limited
Ernst & Young Global Limited
PwC
KPMG International Limited (KPMG International)
South Africa Third Party Risk Management Market Company Share Analysis

South Africa Third Party Risk Management Market Geographical Sales Distribution, 2018-2032 USD Billion

South Africa Third Party Risk Management Market Geographical Sales Distribution, 2018-2032 USD Billion

South Africa Third Party Risk Management Market Company Profiling

South Africa Third Party Risk Management Market Company Profiling
Frequently Asked Questions
The South Africa Third Party Risk Management Market is segmented based on Segmentation Component,Deployment Model,Organization Size,End User.
South Africa Third Party Risk Management Market was valued at USD 59.31(Revenue in USD Billion) in 2021.
South Africa Third Party Risk Management Market is projected to grow at a CAGR of 22.41% during the forecast period of 2024 to 2032.
The Large Enterprises segment is expected to dominate the South Africa Third Party Risk Management Market, holding a largest market share of 41.21 USD Billion in 2024

South Africa Third Party Risk Management Market Scope

South Africa Third Party Risk Management Market Segmentation & Scope
Component
  • Services
  • Solutions
Deployment Model
  • Cloud
  • On-Premise
Organization Size
  • Small and Medium-Sized Enterprises
  • Large Enterprises
End User
  • Healthcare and Life Sciences
  • Others
  • IT and Telecom
  • Energy and Utilities
  • Manufacturing
  • Retail and Consumer Goods
  • Banking, Financial Services, and Insurance
  • Government, Aerospace, and Defense
Frequently Asked Questions
The South Africa Third Party Risk Management Market is segmented based on Segmentation Component,Deployment Model,Organization Size,End User.
South Africa Third Party Risk Management Market was valued at USD 59.31(Revenue in USD Billion) in 2021.
South Africa Third Party Risk Management Market is projected to grow at a CAGR of 22.41% during the forecast period of 2024 to 2032.
The estimated market value of the South Africa Third Party Risk Management Market for final year is USD 185.30 (USD Billion).

South Africa Third Party Risk Management Market Company Profiling

South Africa Third Party Risk Management Market Company Profiling
Frequently Asked Questions
The South Africa Third Party Risk Management Market is segmented based on Segmentation Component,Deployment Model,Organization Size,End User.
South Africa Third Party Risk Management Market was valued at USD 59.31(Revenue in USD Billion) in 2021.
South Africa Third Party Risk Management Market is projected to grow at a CAGR of 22.41% during the forecast period of 2024 to 2032.
The estimated market value of the South Africa Third Party Risk Management Market for final year is USD 185.30 (USD Billion).

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