The main driving factors for the eGRC market are the increasing use of data, the growing business collaborations, and the government regulations and compliance mandates.
In the software segment, by the type of software, the risk management software is expected to have the largest eGRC market share, whereas policy management software is expected to be the highest contributor during the forecast period. Risk management solutions follow a top-down and bottom-up approach to roll-up the risk logs and correspondingly analyze, measure, and define various levels of risks, for organizations and enterprises, and thereafter formulate automated designs to normalize any existing risks. Additionally, it helps organizations with documentation, workflow management, and reporting and remediation of risks.
In the services segment, the integration service is expected to grow at the highest CAGR, whereas training and consulting is expected to be the largest contributor among all the services. The integration service is said to be growing faster, as there are 2 modes for deploying Governance, Risk, and Compliance (GRC) solutions; cloud and on-premises. Changing to upgraded solutions and the complexity involved in integration is sorted by integration service providers, who enable organizations to use GRC solutions at its full potential.
– Table of Contents
– List of Tables & Figures
– Research Methodology
More Detailed Market Analysis of eGRC Industry @ Free PDF Sample copy
In 2018, the global eGRC market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of 14.6% during 2019-2025.
This report focuses on the global eGRC status, future forecast, growth opportunity, key market and key players. The study objectives are to present the eGRC development in United States, Europe and China.
The key players covered in this study
- Wolters Kluwer
- Thomson Reuters
- EMC (A Dell Company)
Market segment by Type, the product can be split into
- Audit management
- Compliance management
- Risk management
- Policy management
- Incident management
Market segment by Application, split into
Market segment by Regions/Countries, this report covers
- United States
- Southeast Asia
- Central & South America
The study objectives of this report are:
- To analyze global eGRC status, future forecast, growth opportunity, key market and key players.
- To present the eGRC development in United States, Europe and China.
- To strategically profile the key players and comprehensively analyze their development plan and strategies.
- To define, describe and forecast the market by product type, market and key regions.
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