Vendor security evidence packages for enterprise procurement

Vendor security evidence packages for enterprise procurement targets a $480M = 200,000 SMB vendors selling to enterprise x $2,400 ACV (annual vendor evidence subscription) total addressable market with medium saturation and a year-over-year growth rate of 18% estimated adoption growth for vendor risk automation tools.

Key trends driving demand: Vendor risk normalization -- enterprises require consistent documentation before contracting, increasing demand for reusable evidence.; Control automation -- rise of Vanta/Drata and control monitoring proves buyers accept automated evidence, lowering friction for new tools.; API-first infrastructure -- centralized logs, cloud IAM, and SaaS app APIs make automated evidence extraction feasible.; Procurement standardization -- repeated questionnaire templates and frameworks make mapping and reuse of answers practical..