The enterprise governance, risk and compliance refer to the way an enterprise work towards achieving its goals, adhering to rules and managing uncertainties. Major industry verticals are referring to these solutions to manage challenges associated with risks and compliances. The BFSI segment presents a positive picture of the eGRC market. Besides, the development of new and innovative solutions integrating analytics, machine learning, and other technologies by prominent vendors is likely to open up new opportunities for the market.
MARKET DYNAMICS
The market for enterprise governance, risk and compliance is anticipated to grow in the forecast period owing to driving factors such as increasing use of data as well as rising business collaborations. Furthermore, regulatory and compliance mandates are expected to augment the growth of the enterprise governance, risk and compliance market. However, the volatile structure of regulatory policies may hamper market growth. On the other hand, the eGRC market is likely to witness growth opportunities on account of rising investments in AI enabled solutions in the coming years.
MARKET SCOPE
The "Global Enterprise Governance, Risk and Compliance (eGRC) Market Analysis to 2028" is a specialized and in-depth study of the technology, media and telecommunications industry with a special focus on the global market trend analysis. The report aims to provide an overview of enterprise governance, risk and compliance market with detailed market segmentation by component, deployment, enterprise size, industry vertical, and geography. The global enterprise governance, risk and compliance market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading enterprise governance, risk and compliance market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global enterprise governance, risk and compliance market is segmented on the basis of component, deployment, enterprise size, and industry vertical. Based on component, the market is segmented as software and services. On the basis of the deployment, the market is segmented as on-premise and cloud. The market on the basis of the enterprise size is classified as SMEs and large enterprises. By industry vertical, the market is segmented as BFSI, manufacturing, healthcare, energy, IT and telecom, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global enterprise governance, risk and compliance market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The enterprise governance, risk and compliance market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting enterprise governance, risk and compliance market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the enterprise governance, risk and compliance market in these regions.
MARKET PLAYERS
The reports cover key developments in the enterprise governance, risk and compliance market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from enterprise governance, risk and compliance market are anticipated to lucrative growth opportunities in the future with the rising demand for enterprise governance, risk and compliance in the global market. Below mentioned is the list of few companies engaged in the enterprise governance, risk and compliance market.
The report also includes the profiles of key enterprise governance, risk and compliance companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
- Bwise
- Deloitte Touche Tohmatsu Limited
- IBM Corporation
- LexisNexis (RELX Group)
- MetricStream Inc.
- Oracle Corporation
- Refinitiv
- SAP SE
- SAS Institute Inc.
- Wolters Kluwer Financial Services, Inc.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.