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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.

Mission statement

To help organizations securely manage third-party cybersecurity risk by providing visibility, assessment, and remediation across their vendor ecosystem.

Products & Services

Panorays Platform Platform

Optimize third-party cyber risk management with automated assessments and enhanced visibility.

panorays.com
  • Cybersecurity Monitoring — Mitigates Cyber Threats
  • Risk DNA Cybersecurity Posture — Improves Risk Contextualization
  • Cybersecurity Questionnaires — Streamlines Risk Assessment
  • External Attack Surface — Increases Risk Awareness
  • Remediation — Closes Security Gaps
  • Vendor Portfolio Management — Optimizes Vendor Security Management
  • Third-Party Security Assessment — Assess Your Vendor Security Posture
  • Communication — Enhances Vendor Engagement
  • Regulatory Compliance — Simplifies Compliance Checks
  • Reporting and Dashboards — Enhances Visibility
  • Smart Inventory — Streamlines Vendor Management
  • Remediation Guidance — Close Security Gaps
  • Integrations — Enhances Efficiency
  • Trust Center — Builds Trust with Stakeholders
  • Ongoing Security Support — Continuous Security Monitoring

Market Segments

Billion USD 0 2 4 6 8 10 Third-party ris… Attack surface … Security questi… Third-party and… Market Size (Billion USD)
0% 3% 6% 9% 12% 15% 18% 21% 24% 27% 30% 33% 36% CAGR Growth Potential

Third-party risk management

Capabilities to identify, assess, monitor, and remediate vendor and supplier risk, including onboarding assessments, continuous monitoring, and oversight.

Market size: $8.5B CAGR: 13%
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

Continuous discovery and visibility across internet-facing, cloud, and on-premises assets to identify exposures and entry points for attackers.

Market size: $1.0B CAGR: 29.3%
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%.

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.

Market size: $500M CAGR: 18%
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%.
20 PR 2 references

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.

Market size: $9.0B CAGR: 15%
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.

Related Organizations

Common Questions

What does Panorays do?
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.
What is Panorays's role in the Third-party risk management market?
Capabilities to identify, assess, monitor, and remediate vendor and supplier risk, including onboarding assessments, continuous monitoring, and oversight.
What is Panorays's role in the Attack surface management market?
Continuous discovery and visibility across internet-facing, cloud, and on-premises assets to identify exposures and entry points for attackers.
How was the Third-party risk management market size estimate for Panorays calculated?
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.
How was the Attack surface management market size estimate for Panorays calculated?
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%.
Panorays — company overview