Panorays Unclaimed
Panorays provides an automated platform to manage third-party cybersecurity risk across the vendor ecosystem.
Panorays is a cybersecurity company offering a comprehensive platform for third-party cyber risk management. It enables enterprises to assess, monitor, and demonstrate the security posture of their vendor ecosystem—from onboarding through ongoing oversight—by providing automated risk assessments, visibility into external attack surfaces, standardized security questionnaires, centralized vendor inventory, remediation guidance, and governance-focused reporting. Serving organizations across industries, Panorays helps teams reduce vendor-related cyber risk, improve regulatory and governance compliance, and communicate risk posture to stakeholders.
To help organizations securely manage third-party cybersecurity risk by providing visibility, assessment, and remediation across their vendor ecosystem.
What we offer
Panorays Platform
Optimize third-party cyber risk management with automated assessments and enhanced visibility.
panorays.com/Market segments
Market size by segment
Growth potential (CAGR)
Third-party risk management
Capabilities to identify, assess, monitor, and remediate vendor and supplier risk, including onboarding assessments, continuous monitoring, and oversight.
Attack surface management
Continuous discovery and visibility across internet-facing, cloud, and on-premises assets to identify exposures and entry points for attackers.
Security questionnaire automation and evidence orchestration
Automation of customer and vendor security questionnaires, audit-ready responses, evidence collection, trust center documentation, and platform integrations to accelerate sales and audits.
Third-party and vendor risk management
Assess, monitor, and govern third-party and vendor risk across vendor portfolios including vendor assessments, contract evidence, and integration with compliance and incident workflows.
More information about our offering
Panorays Platform
Panorays Platform is a comprehensive third-party cyber risk management platform that enables enterprises to assess, monitor, and demonstrate the security posture of their vendor ecosystem—from onboarding through ongoing oversight—through automated risk assessments, external attack surface visibility, standardized security questionnaires, centralized vendor inventory, remediation guidance, and governance-focused reporting.
- Mitigates Cyber ThreatsConstantly monitors potential threats, ensuring timely alerts and proactive responses to safeguard your network.
- Improves Risk ContextualizationUtilizes advanced analytics to contextualize risks and enhance understanding of potential impacts.
- Streamlines Risk AssessmentAutomated processes let you gather crucial cybersecurity data from vendors efficiently, saving time and improving thoroughness.
- Increases Risk AwarenessProvides insights into the potential vulnerabilities of your third-party partners, enhancing your security strategy.
- Closes Security GapsHelps organizations effectively address identified vulnerabilities and closes gaps in vendor security parameters.
- Optimizes Vendor Security ManagementEnsures that vendor security practices are aligned with organizational policies and risk mitigation strategies.
- Assess Your Vendor Security PostureLeverage expert assessments to identify risks in your vendor relationships, ensuring robust security through thorough evaluations.
- Enhances Vendor EngagementStreamlines interactions with vendors through a unified communication platform, facilitating collaboration and quicker resolution of issues.
- Simplifies Compliance ChecksAutomates evaluations of vendor compliance with relevant regulations, ensuring you meet standards consistently.
- Enhances VisibilityOffers comprehensive visual insights into the vendor security landscape, streamlining reporting to stakeholders.
- Streamlines Vendor ManagementProvides a comprehensive overview of all vendors, aiding in efficient management and decision-making.
- Close Security GapsUtilize tailored remediation strategies to effectively address identified vulnerabilities and enhance overall vendor security.
- Enhances EfficiencySeamlessly connects with existing tools and processes, reducing friction in operational workflows.
- Builds Trust with StakeholdersFacilitates transparency by showcasing compliance and security efforts to stakeholders and customers.
- Continuous Security MonitoringEnsure persistent protection with ongoing support that keeps your vendor security strategies up to date and aligned with industry best practices.
References
Methodology and sourcing behind the figures shown above.
Third-party risk management
Multiple market reports in the search results cluster 2025 third‑party risk management market size between roughly $8.0–$9.0B (FMI $8.2B; ResearchNester $8.08B; Liminal $9.0B). One source (MRFR) reports a lower 2025 figure (~$5.74B) so the midpoint of the consensus distribution is ~ $8.5B for 2025. Forecast CAGRs vary by horizon: Liminal projects 17.1% (2025–2030), FMI 12.9% (2025–2035), ResearchNester ~15.3% (2026–2035), MRFR 6.21% (2025–2035). A blended estimate near 13% CAGR captures the central tendency of these forecasts and reflects strong growth potential driven by regulation, rising supply‑chain cyber risk, and adoption of continuous monitoring/AI-enabled solutions.
Attack surface management
Multiple market reports place the attack surface management (ASM) market around USD 0.7–1.03 billion in 2023–2025 and forecast rapid expansion. Fortune Business Insights reports USD 1.03B (2025). Independent forecasts (MarketsandMarkets, KBV, SNS Insider) project high growth (CAGRs ~28–30%); I selected MarketsandMarkets' 29.3% (2024–2029) as a representative growth-potential estimate while noting other forecasts range 21.0%–30.4%.
- was valued at USD 1.03 billion in 2025
- projected to expand from USD 0.9 billion in 2024 to USD 3.3 billion by 2029, reflecting a CAGR of 29.3%
- valued at USD 858.97 million in 2023 and is expected to reach USD 8247.40 million by 2032, growing at a CAGR of 28.60%
- 2023 USD 731.5 Million 2031 USD 5.9 Billion CAGR 30.4%
Security questionnaire automation and evidence orchestration
No direct market-size data for security-questionnaire automation in results. Used KBV Research SOAR market (2024 $1.80B, CAGR 16.1%) as a proximate parent market and assumed questionnaire automation/evidence orchestration is a smaller subsegment (~25–30% of SOAR/GRC early market). Applied AI-driven acceleration (see MarketsandMarkets agentic AI growth) to raise expected CAGR modestly above SOAR to ~18%.
Third-party and vendor risk management
Recent market reports for third‑party/vendor risk management (TPRM/VRM) cluster around a 2025–2026 market size of roughly USD 6.5–12.5 billion with multi‑year forecasts showing strong double‑digit growth. Sources (FMI, Fortune Business Insights, Liminal, BusinessResearchInsights) report 2025/2026 baselines between USD 6.5–12.5B and forecast CAGRs from ~12.9% to ~17.1%. I selected a mid‑point current market size (~USD 9.0B) and a conservative blended CAGR (~15.0%) to reflect the consensus range across these vendor and industry research estimates.
- valued at approximately USD 6.5 Billion in 2026; CAGR of around 16.76% (2026 to 2035).
- growing from $9.0 billion in 2025 to $19.9 billion by 2030 at a 17.1% CAGR.
- global vendor risk management market size was valued at USD 12.5 billion in 2025; CAGR 15.38% (2025–2034).
- Industry Size (2025): USD 8.2 Bn; Forecast CAGR (2025 to 2035): 12.9%.
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