Global Enterprise Governance, Risk & Compliance (eGRC) Market Size study with COVID-19 Impact, by Component (Software and Services), by Deployment Mode (On-Premises And Cloud), by Enterprise Size (Large Enterprises and Small and Medium-Sized Enterprises), by Business Function (Finance, IT, Legal and Operation), by Vertical (BFSI, Construction and Engineering, Energy and Utility, Government, Healthcare, Manufacturing, Mining and Natural Resources, Retail and Consumer Goods, Telecom and IT, Transp

Global Enterprise Governance, Risk & Compliance (eGRC) Market is valued approximately USD 28.7 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 13.4 % over the forecast period 2020-2027. Enterprise governance, risk and compliance (eGRC) management provides opportunities to specialize in financial services, corporate compliance, health law, or security and cyber law. Enterprise governance, risk and compliance services offers support in crucial areas such as tax, financial reporting, information technology, anti-fraud, financial advisory, and human capital services. eGRC provides client guidance for the enterprise risk management, efficient corporate compliance, and corporate governance. The risk managers and compliance officers are struggling to tackle this COVID-19 pandemic. However, businesses or organizations are investing into risk technology as risk management optimization emerged as one of the best for an organization to ensure its business continuity. The increase in stringent compliance mandates, growing need to get a holistic view of data and growing data and security breaches are the factors responsible for the growth of the global Enterprise Governance, Risk & Compliance (eGRC) Market over the forecast period. Furthermore, the rising advancements and other strategic alliance by market key players will create a lucrative demand for this market. For instance: on 01st May 2019, IBM and Thomson Reuters collaborated to introduce new AI and Data combination. This AI and Data combination will help banks address ever-growing regulatory requirements through the powerful combination of artificial intelligence (AI) and real-time regulatory insights. However, varying structure of regulatory policies is the major factor restraining the growth of global Enterprise Governance, Risk & Compliance (eGRC) Market during the forecast period.


The regional analysis of global Enterprise Governance, Risk & Compliance (eGRC) Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the growing adoption advanced technologies has lead the growth of the market. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027.

Major market player included in this report are:
IBM corporation
Microsoft
Oracle
SAP SE
SAS Institute
Thomson Reuters
Wolters Kluwer
Dell EMC
FIS
MetricStream

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Component:
Software
Services

Deployment Mode:
On-Premises
Cloud

By Enterprise Size:
Large Enterprises
Small and Medium-Sized Enterprises

By Business Function:
Finance
IT
Legal
Operation

By Vertical:
BFSI
Construction and Engineering
Energy and Utility
Government
Healthcare
Manufacturing
Mining and Natural Resources
Retail and Consumer Goods
Telecom and IT
Transportation and Logistics
Others


By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Enterprise Governance, Risk & Compliance (eGRC) Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Geography Analysis:

The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

• North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
• Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
• Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys  & Opportunity Outlook
• Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
• Middle East and Africa  (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook

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