Enterprise Governance, Risk and Compliance (eGRC) Market 2018: Global Overview, Historical Analysis, Development Strategy, Sales Revenue and Industry Segments Poised For Strong Growth In Future 2023

Market Highlights

The study reveals that enterprise governance, risk, and compliance is trending in North America region. The enterprise governance, risk, and compliance market is driven by the increasing number of government regulation and compliance mandates. The numerous benefits of enterprise governance, risk, and compliance such as reducing costs, rationalizing controls, identify operational inefficiencies and others is boosting the enterprise governance, risk, and compliance market.

The study indicates that the rise in need for increase in the operational efficiency and reduce costs is driving the Enterprise governance, risk, and compliance market. The study reveals that the lack of awareness, growing business partnerships and associations and limited resources results as the limitations to the enterprise governance, risk, and compliance market.

The Enterprise Governance, Risk, and Compliance Market is growing rapidly over 13% of CAGR and is expected to reach at USD 48 billion by the end of forecast period.

Key Players

The prominent players in the enterprise governance, risk, and compliance market are – Dell EMC (U.S.), SAS (U.S.), Oracle (U.S.), IBM Corporation (U.S.), Microsoft Corporation (U.S.), MetricStream (U.S.), Resolver (UK), BWise (Netherlands), Resources Connection, Inc. (U.S.), among others.

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Enterprise Governance, Risk, and Compliance Market Segmentation

The enterprise governance, risk, and compliance market has been segmented on the basis of component, deployment model, organization size, end-user and region. Looking through the component segment, considering the software sub-segment, the risk management software has accounted for a largest share in enterprise governance, risk, and compliance market due to increasing risks in various fields. Considering the service sub-segment the integration services are expected to show a positive growth in the enterprise governance, risk, and compliance market.

Market Research Analysis:
 
On geographic basis, enterprise governance, risk, and compliance market is studied in different regions as Americas, Europe, Asia-Pacific and Rest of World. It has been observed that North America region is leading in the enterprise governance, risk, and compliance market. North America region has a higher focus towards risk management and has strict regulations for risk and compliance management. The study shows that European region has a positive growth in the enterprise governance, risk, and compliance market. The developing economies in Asia-Pacific regions like China, Japan and others are showing high adoption in the enterprise governance, risk, and compliance systems. Asia-Pacific region is expected to show a sudden hike in the enterprise governance, risk, and compliance market during the forecast period.
 
Study Objectives of Enterprise Governance, Risk, and Compliance Market:

• To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the Enterprise governance, risk, and compliance market.
• To provide insights about factors affecting the market growth.
• To analyze the Enterprise governance, risk, and compliance market based porter’s five force analysis etc.
• To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW).
• To provide country level analysis of the market with respect to the current market size and future prospective.
• To provide country level analysis of the market for segment on the basis of component, organization size, deployment model, end-user and region.
• To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.
• To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Enterprise governance, risk, and compliance

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Intended Audience

• Software investors
• Managed service providers
• Enterprise governance, risk, and compliance service providers
• Governance, Risk Management, Compliance (GRC) staff
• Investors and Venture Capitalist
• Resellers
• IT Compliance directors
• IT Security Directors
• System Integrators
• Research/Consultancy firms

 
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