Enterprise Governance, Risk & Compliance Market

Enterprise Governance, Risk & Compliance Market Size By Component Outlook (Software, Services), By Software Outlook (Audit Management, Compliance Management, Risk Management, Policy Management, Incident Management), By Services Outlook (Integration, Consulting, Support), By Enterprise Type Outlook (Small and Medium Enterprise (SME), Large Enterprise), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast

The Enterprise Governance, Risk & Compliance Market is expected to be around US$ 83.94 Billion by 2027 at a CAGR of 14.52% in the given forecast period.

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MARKET SNAPSHOT

Major Players

Study period:

2022-2027

Base Year:

2021

CAGR:

14

Fastest Growing Market:

APAC

Largest Market:

North America

REPORT DESCRIPTION

The Enterprise Governance, Risk & Compliance Market is expected to be around US$ 83.94 Billion by 2027 at a CAGR of 14.52% in the given forecast period.

Enterprise, Governance, Risk and Compliance or eGRC is definite as a plan that is generallyaccepted by organizations,many enterprises and agencies to manage their governance and also maintaining the business objectives. The Enterprise Governance, Risk and Compliance Market Trends are now at a hike. Enterprise governance, risk & compliance allows risk and compliance management teams to analyse and share data for a 360-degree view of the organization’s risk landscape, in turn enabling executives and boards to formulate informed business strategies. The extensive implementation of EGRC software applications across enterprises to prevent monetary and reputational risks due to non-compliance is providing an impetus for market development.The eGRC not only supports to maintain the brand image of the company but also decreases the overall economic risks.The development of the global enterprise governance, risk, and compliance market is driven by growth in risk of data breach in implementation andorganizations of stringent government regulations towards risk management, data security, and compliance. Moreover, surge in penetration of IoT technology and growth in adoption of eGRC software in financial institutions fuel the development of the market.Furthermore, the rising integration of Artificial Intelligence and blockchain technologies with Governance Risk Compliance solutions would deliver opportunities for eGRC vendors.

The global Enterprise Governance, Risk & Compliance market is segregated on the basis of Component Outlook as Software and Services. Based on Software Outlook the global Enterprise Governance, Risk & Compliance market is segmented in Audit Management, Compliance Management, Risk Management, Policy Management, Incident Management, and Others. Based on Services Outlook the global Enterprise Governance, Risk & Compliance market is segmented in Integration, Consulting, and Support.

Based on Enterprise Type Outlook, the global Enterprise Governance, Risk & Compliance market is segmented in Small and Medium Enterprise (SME) and Large Enterprise.

The global Enterprise Governance, Risk & Compliance market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Enterprise Governance, Risk & Compliance market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

Competitive Rivalry

SAP SE, MetricStream, Inc., Thomson Reuters, Wolters Kluwer, IBM, Microsoft, Oracle, SAS Institute, RSA Archer, FIS, Graphisoft SE, and others are among the major players in the global Enterprise Governance, Risk & Compliance market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.

The Enterprise Governance, Risk & Compliance Market has been segmented as below:

Enterprise Governance, Risk & Compliance Market, By Component Outlook

  • Software
  • Services

Enterprise Governance, Risk & Compliance Market, By Software Outlook

  • Audit Management
  • Compliance Management
  • Risk Management
  • Policy Management
  • Incident Management
  • Others

Enterprise Governance, Risk & Compliance Market, By Services Outlook

  • Integration
  • Consulting
  • Support

Enterprise Governance, Risk & Compliance Market, By Enterprise Type Outlook

  • Small and Medium Enterprise (SME)
  • Large Enterprise

Enterprise Governance, Risk & Compliance Market, By Region

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

Enterprise Governance, Risk & Compliance Market, By Company

  • SAP SE
  • MetricStream, Inc.
  • Thomson Reuters
  • Wolters Kluwer
  • IBM
  • Microsoft
  • Oracle
  • SAS Institute
  • RSA Archer
  • FIS
  • Graphisoft SE

The report covers:

  • Global Enterprise Governance, Risk & Compliance market sizes from 2018 to 2027, along with CAGR for 2022-2027
  • Market size comparison for 2020 vs 2027, with actual data for 2021, estimates for 2022 and forecast from 2022 to 2027
  • Global Enterprise Governance, Risk & Compliance market trends, covering comprehensive range of consumer trends & manufacturer trends
  • Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Enterprise Governance, Risk & Compliance market
  • Major market opportunities and challenges in forecast timeframe to be focused
  • Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
  • Comprehensive company profiles of the key industry players

Report Scope:

The global Enterprise Governance, Risk & Compliance market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Enterprise Governance, Risk & Compliance market share. Major industry players with significant revenue share include SAP SE, MetricStream, Inc., Thomson Reuters, Wolters Kluwer, IBM, Microsoft, Oracle, SAS Institute, RSA Archer, FIS, Graphisoft SE, and others.

Reasons to Buy this Report:

  • Gain detailed insights on the Enterprise Governance, Risk & Compliance industry trends
  • Find complete analysis on the market status
  • Identify the Enterprise Governance, Risk & Compliance market opportunities and growth segments
  • Analyse competitive dynamics by evaluating business segments & product portfolios
  • Facilitate strategy planning and industry dynamics to enhance decision making

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1.    Introduction
1.1.    Key Points
1.2.    Report Description
1.3.    Markets Covered
1.4.    Stakeholders
2.    Research Methodology
2.1.    Research Scope
2.2.    Research Methodology
2.2.1.    Market Research Process
2.2.2.    Research Methodology
2.2.2.1.    Secondary Research
2.2.2.2.    Primary Research
2.2.2.3.    Models for Estimation
2.3.    Market Size Estimation
2.3.1.    Bottom-Up Approach
2.3.2.    Top-Down Approach
3.    Executive Summary
4.    Market Overview
4.1.    Introduction
4.2.    Drivers
4.3.    Restraints
4.4.    Opportunities
4.5.    Challenges
5.    Enterprise Governance, Risk & Compliance Market, By Component Outlook
5.1.    Key Points
5.2.    Software
5.3.    Services
6.    Enterprise Governance, Risk & Compliance Market, By Software Outlook
6.1.    Key Points
6.2.    Audit Management
6.3.    Compliance Management
6.4.    Risk Management
6.5.    Policy Management
6.6.    Incident Management
6.7.    Others
7.    Enterprise Governance, Risk & Compliance Market, Services Outlook
7.1.    Key Points
7.2.    Integration
7.3.    Consulting
7.4.    Support
8.    Enterprise Governance, Risk & Compliance Market, Enterprise Type Outlook
8.1.    Key Points
8.2.    Small and Medium Enterprise (SME)
8.3.    Large Enterprise
9.    Competitive Landscape
9.1.    Introduction
9.2.    Recent Developments
9.2.1.    Mergers & Acquisitions
9.2.2.    New Product Developments
9.2.3.    Portfolio/Production Capacity Expansions
9.2.4.    Joint Ventures, Collaborations, Partnerships & Agreements
9.2.5.    Others
10.    Company Profiles
10.    SAP SE
10.1.1 Company Overview
10.1.2 Product/Service Landscape
10.1.3 Financial Overview
10.1.4 Recent Developments
10.2 MetricStream, Inc.
10.2.1 Company Overview
10.2.2 Product/Service Landscape
10.2.3 Financial Overview
10.2.4 Recent Developments
10.3 Thomson Reuters
10.3.1 Company Overview
10.3.2 Product/Service Landscape
10.3.3 Financial Overview
10.3.4 Recent Developments
10.4 Wolters Kluwer
10.4.1 Company Overview
10.4.2 Product/Service Landscape
10.4.3 Financial Overview
10.4.4 Recent Developments
10.5 IBM
10.5.1 Company Overview
10.5.2 Product/Service Landscape
10.5.3 Financial Overview
10.5.4 Recent Developments
10.6 Microsoft
10.6.1 Company Overview
10.6.2 Product/Service Landscape
10.6.3 Financial Overview
10.6.4 Recent Developments
10.7 Oracle
10.7.1 Company Overview
10.7.2 Product/Service Landscape
10.7.3 Financial Overview
10.7.4 Recent Developments
10.8 SAS Institute
10.8.1 Company Overview
10.8.2 Product/Service Landscape
10.8.3 Financial Overview
10.8.4 Recent Developments
10.9. RSA Archer
10.9.1 Company Overview
10.9.2 Product/Service Landscape
10.9.3 Financial Overview
10.9.4 Recent Developments
10.10 FIS
10.10.1 Company Overview
10.10.2 Product/Service Landscape
10.10.3 Financial Overview
10.10.4 Recent Developments

The Enterprise Governance, Risk & Compliance Market has been segmented as below:

Enterprise Governance, Risk & Compliance Market, By Component Outlook

  • Software
  • Services

Enterprise Governance, Risk & Compliance Market, By Software Outlook

  • Audit Management
  • Compliance Management
  • Risk Management
  • Policy Management
  • Incident Management
  • Others

Enterprise Governance, Risk & Compliance Market, By Services Outlook

  • Integration
  • Consulting
  • Support

Enterprise Governance, Risk & Compliance Market, By Enterprise Type Outlook

  • Small and Medium Enterprise (SME)
  • Large Enterprise

Enterprise Governance, Risk & Compliance Market, By Region

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

Enterprise Governance, Risk & Compliance Market, By Company

  • SAP SE
  • MetricStream, Inc.
  • Thomson Reuters
  • Wolters Kluwer
  • IBM
  • Microsoft
  • Oracle
  • SAS Institute
  • RSA Archer
  • FIS
  • Graphisoft SE
  •  

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The market is expected to grow at a CAGR of 14.50% during the study period (2022-2027)
The Enterprise Governance, Risk & Compliance Market is expected to be around US$ 83.94 Billion by 2027
The segment included in the Enterprise Governance, Risk & Compliance Market is Component, Software, Services, Enterprise Type and Region.
Some key players operating in the Enterprise Governance, Risk & Compliance Market include SAP SE, MetricStream, Inc., Thomson Reuters, Wolters Kluwer, IBM, Microsoft, Oracle, SAS Institute, RSA Archer, FIS
We can offer several formats of the market research reports including, • PDF • PPT • Spreadsheet/ Workbook

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