In this changing environment, economies and enterprises are becoming interrelated and giving rise for enterprise governance risk and compliance solutions. Enterprise governance, risk and compliance (eGRC) is a strategic discipline that enables the organizations to identify and protect against all types of risks and also improve operations. The growing demand for corporate governance, regulatory requirements and compliance is boosting the enterprise governance risk and compliance market.
The study indicates that enterprise governance, risk and compliance has many benefits as reducing costs, rationalizing controls, identify operational inefficiencies and others. These benefits are boosting the enterprise governance, risk and compliance market. The study indicates that the need to increase the operational efficiency by the organizations has resulted as key driver for the enterprise governance, risk and compliance market. The study reveals that the varying structure of regulatory policies from country to country result as major challenge for the enterprise governance, risk and compliance market. Apart from it lack of awareness and limited resources is also hindering the growth of enterprise governance, risk and compliance market.
The global Enterprise Governance, Risk, And Compliance Market is expected to grow at USD ~48 Billion by 2023, at 13% of CAGR between 2017 and 2023.
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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The global enterprise governance, risk, and compliance market has been segmented on the basisof component, deployment model, organization size, end-user and region.
Enterprise Governance, Risk, and Compliance Market by Component Type:
- Audit management
- Policy management
- Compliance management
- Risk management
- Financial control management
Enterprise Governance, Risk, and Compliance Market by Deployment model:
- On premise
Enterprise Governance, Risk, and Compliance Market by Organization Size:
- Large Enterprise
Enterprise Governance, Risk, and Compliance Market by End-user:
- IT and Telecom
The regional analysis of enterprise governance, risk, and compliance market is being studied for region such as Asia pacific, Americas, Europe and Rest of the World. North America is expected to dominate the enterprise governance, risk, and compliance market with the largest market share due to presence many regulations in the region. The study reveals that Asia-Pacific region is expected to show a positive growth in the Enterprise governance, risk, and compliance market during the forecast period. Asia-Pacific countries like China, Japan and South Korea have a fair share in the Enterprise governance, risk, and compliance market.
- Software investors
- Managed service providers
- Enterprise governance, risk, and compliance service providers
- Governance, Risk Management, Compliance (GRC) staff
- Investors and Venture Capitalist
- IT Compliance directors
- IT Security Directors
- System Integrators
- Research/Consultancy firms
Table Of Contents
1 Market Introduction
1.2 Scope Of Study
1.2.1 Research Objective
1.3 Market Structure
2 Research Methodology
2.1 Research Type
2.2 Primary Research
2.3 Secondary Research
2.4 Forecast Model
2.4.1 Market Data Collection, Analysis & Forecast
2.4.2 Market Size Estimation
2.4.3 Market Crackdown & Data Triangulation
3 Market Dynamics
3.2 Market Drivers
3.3 Market Challenges
3.4 Market Opportunities
4 Executive Summary
5. Market Factor Analysis
5.1 Porter’s Five Forces Analysis
5.2 Supply Chain Analysis
6 Enterprise Governance, Risk, And Compliance Market
6.2 Market Statistics
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