QKS Group reveals a Supplier Relationship and Risk Management (SRRM) market projected valuation of $1.45 billion by 2030, growing at a CAGR of 12.22% from 2026 to 2030.
Strong supplier networks are essential for the supply chains of organizations. The networks ensure operational continuity, address local market needs, enable cost savings, and help manage disruptions. The management of these networks is crucial for an organization’s success. However, its management presents challenges such as evaluating suppliers for their performance, financial stability, reliability, and ethical practices. SRM software is key for handling these challenges. The software enables the assessment of supplier risks and performance ratings to facilitate informed decision-making and boost operational efficiency. With effective SRM software, organizations can build and maintain a strong relationship with their suppliers for long-term growth and sustainability.
QKS Group defines a Supplier Relationship and Risk Management (SRRM) solution as “a software solution that is designed to efficiently manage relationships with suppliers and businesses while simultaneously mitigating associated risks. Supplier Relationship Management (SRM) within this context aids businesses with the seamless handling of supplier selection, onboarding, performance evaluation, and engagement. The risk management functionalities assist businesses in identifying, managing, and assessing risks—whether economic, environmental, legal, or political—across the supplier lifecycle. The comprehensive software ensures complete visibility into supplier performance and risk assessment by collecting, monitoring, and analyzing data from various internal and external sources. Additionally, it facilitates workflow automation while ensuring compliance with both company policies and government regulations.”
Key questions this study will answer:
- What is the current state of competition in the Supplier Relationship & Risk Management (SRRM) market?
- What is the market share held by major vendors in this market?
- What are the key competitive dynamics in the global and regional markets for SRRM?
- Who are the leading vendors in the global and regional markets?
- Are there vendors specializing in specific industries?
- How do different vendors compare in terms of their offerings of cloud-based versus on-premises solutions?
- What competitive factors impact the market positioning of different vendors?
- What are the relative strengths and challenges of the vendors operating in this market?
- How do different vendors position themselves competitively across customer segments, from SMBs to large enterprises?
Vendors covered in this Study:
Avetta, Corcentric, Coupa, GEP, HICX, Ivalua, JAGGAER, LevaData, Oracle, Proactis, Procurence, SAP Ariba, SourceDay, Synertrade, TESISQUARE, Unit4, Workday, and Zycus.
Table of Content:
Chapter 01: Executive Summary
- Key Research Findings
- Top Predictions
- Top Trends
- Market Summary
Chapter 02: Market Overview
- Market Definition and Scope
- Key Factors Impacting the Market
- Drivers & Restraints
- Challenges & Opportunities
Chapter 03: Market Share Analysis
- Market Share by Region
- Market Share Worldwide
- Market Share USA
- Market Share Canada
- Market Share Latin America
- Market Share Western Europe
- Market Share Central & Eastern Europe
- Market Share Middle East & Africa
- Market Share China
- Market Share APAC Ex Japan & China
- Market Share Japan
- Market Share by Industry Verticals
- Market Share by Media & Entertainment
- Market Share by Retail
- Market Share by BFSI
- Market Share by Travel & Hospitality
- Market Share by Education
- Market Share by Public Sector
- Market Share by Healthcare & Life Science
- Market Share by Automotive
- Market Share by Food & Beverage
- Market Share by Deployment Type
- Market Share by Deployment Type: On prem
- Market Share by Deployment Type: Cloud
- Market Share by Customer Type
- Market Share by SMB
- Market Share by Large
- Market Share by Enterprise
Chapter 04: Company Profile
- Company Overview
- Analyst Perspectives and Analysis
Chapter 05: Appendix
List of Figures
- Fig. 1 Market Share of Supplier Relationship & Risk Management (SRRM) Worldwide, 2025
- Fig. 2 Market Share of Supplier Relationship & Risk Management (SRRM) USA, 2025
- Fig. 3 Market Share of Supplier Relationship & Risk Management (SRRM) Canada, 2025
- Fig. 4 Market Share of Supplier Relationship & Risk Management (SRRM) Latin America, 2025
- Fig. 5 Market Share of Supplier Relationship & Risk Management (SRRM) Western Europe, 2025
- Fig. 6 Market Share of Supplier Relationship & Risk Management (SRRM) Central & Eastern Europe, 2025
- Fig. 7 Market Share of Supplier Relationship & Risk Management (SRRM) Middle East & Africa, 2025
- Fig. 8 Market Share of Supplier Relationship & Risk Management (SRRM) Asia excluding Japan and China, 2025
- Fig. 9 Market Share of Supplier Relationship & Risk Management (SRRM) Japan, 2025
- Fig. 10 Market Share of Supplier Relationship & Risk Management (SRRM) China, 2025
- Fig. 11 Market Share of Supplier Relationship & Risk Management (SRRM) IT & Telecom Industry, 2025
- Fig. 12 Market Share of Supplier Relationship & Risk Management (SRRM) Banking & Financial Services Industry, 2025
- Fig. 13 Market Share of Supplier Relationship & Risk Management (SRRM) Insurance Industry, 2025
- Fig. 14 Market Share of Supplier Relationship & Risk Management (SRRM) Healthcare Industry, 2025
- Fig. 15 Market Share of Supplier Relationship & Risk Management (SRRM) Government & Public Sector, 2025
- Fig. 16 Market Share of Supplier Relationship & Risk Management (SRRM) Retail & eCommerce, 2025
- Fig. 17 Market Share of Supplier Relationship & Risk Management (SRRM) Manufacturing, 2025
- Fig. 18 Market Share of Supplier Relationship & Risk Management (SRRM) Hospitality, 2025
- Fig. 19 Market Share of Supplier Relationship & Risk Management (SRRM) On-premises Deployment, 2025
- Fig. 20 Market Share of Supplier Relationship & Risk Management (SRRM) Cloud Deployment, 2025
- Fig. 21 Market Share of Supplier Relationship & Risk Management (SRRM) SMB Customers, 2025
- Fig. 22 Market Share of Supplier Relationship & Risk Management (SRRM) Large Customers, 2025
- Fig. 23 Market Share of Supplier Relationship & Risk Management (SRRM) Enterprise Customers, 2025
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