Enterprise Governance, Risk, and Compliance (eGRC) Market will Reach 38 Billion USD by 2021

“Many small organizations are unaware of the vulnerabilities present in their everyday operations that can affect their business performance Thus, the enterprise governance, risk, and compliance market solution is majorly occupied by large enterprises.”
Enterprise governance risk compliance market categorizes the global eGRC market by component as software and service, by deployment model, by organization size, by business function, by vertical & by region.

The report Enterprise Governance, Risk, and Compliance (eGRC) Market by Component (Software (Type & Usage), Service), Deployment Model (Cloud & On-Premise), Organization Size, Business Function (Finance, IT, Legal, & Operations), & Vertical – Global Forecast to 2021″, The eGRC market size is expected to grow from USD 19.42 Billion in 2016 to USD 38.00 Billion by 2021, at a CAGR of 14.4%.Continuous changes in corporate and government regulations, increase in the number of industries, growing business partnerships and associations are some of the major driving factors for the eGRC market. Furthermore, investments in resources, tools, and skills to manage compliance and rise in software-enabled businesses are expected to provide opportunities for the growth of eGRC market.

Browse 134 market data Tables and 60 Figures spread through 211 Pages and in-depth TOC on “Enterprise Governance, Risk, and Compliance (eGRC) Market”
Early buyers will receive 10% customization on this report.

Downlaod PDF Brochure – http://www.marketsandmarkets.com/pdfdownload.asp?id=1310

Risk management and audit management are expected to be the largest contributor in the global eGRC market during the forecast period

Organizations are continuously under the risk of paying non-compliance penalty, financial crisis from mismanagement of financial control, and asset loss due to unexpected natural calamities. These risks need to be analyzed and monitored in order to plan further action. Risk management solutions enable organizations to extract a better picture of their enterprise risks. Risk management will be crucial in the years to come and is hence expected to contribute the highest in the overall revenue generation for eGRC market during the forecast period.

The integration services segment is expected to show significant growth rate during the forecast period

The demand for services is increasing along with the growth of the eGRC market. Integration services segment is expected to grow at the highest CAGR in the eGRC market owing to the need to deploy GRC solutions either on cloud or on-premises. Solutions offered by vendors need to be efficiently integrated to avail industry best practices from GRC solutions.

With increasing number of IT industries in the countries of APAC, the region is expected to witness the highest growth rate during the forecast period

Many countries in APAC are witnessing an increase in the number of IT industries. This is expected to boost the eGRC market with the increasing need to streamline IT infrastructure and manage compliance with complex regulations for IT industries.

EMC Corporation (Massachusetts, U.S.), IBM (New York, U.S.), Microsoft Corporation (Washington, U.S.), Oracle Corporation (California, U.S.), BWise (Rosmalen, the Netherlands), MetricStream (California. U.S.), SAI Global (Sydney, Australia), SAS (North Carolina, U.S.), and Thomson Reuters (New York, U.S.) are identified as leaders in the eGRC market, whereas Mega (Paris, France), RSAM (New Jersey, U.S.), LogicManager (Massachusetts, U.S.), Cura Technologies (Hyderabad, India), and ProcessGene (Israel) are identified as key innovators in the market. Also, Deloitte (New York, U.S.), Modulo (Rio de Janeiro, Brazil), PwC (London, U.K.), Fidelity National Information Service (Florida, U.S.), and Protiviti (California, U.S.) are identified as key consulting service providers.

Inquiry – http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=1310

About MarketsandMarkets

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, “RT” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Media Contact
Company Name: MarketsandMarkets
Contact Person: Mr. Rohan
Email: sales@marketsandmarkets.com
Phone: 1-888-600-6441
Country: United States
Website: http://www.marketsandmarkets.com/