Global Enterprise Governance, Risk and Compliance (eGRC) Market, By End-User (Small Enterprises, Med

Published Date: | Report Code : IT1915089

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Market Dynamics:

The Enterprise Governance, Risk and Compliance (eGRC) Market is expected to promise high growth owing to increasing demand in recent years. Increasing demand from applications including information, BFSI, media & entertainment, healthcare, Others are expected to drive the growth of enterprise governance, risk and compliance market. This market has witnessed a number of key developments by major companies including SAP SE, Thomson Reuters, Wolters Kluwer, MetricStream Inc., and Bwise with a focus on organic as well as inorganic growth strategies. Developing regions including the Asia Pacific and the Middle East have been among the high potential markets with high growth in some of the key economies.

Enterprise Governance, Risk and Compliance (EGRC) refers to a category of software used for managing an organization’s overall governance, reducing enterprise risks, and compliance with regulations. It also helps to reduce costs in business and identifying operational efficiencies. Instead of finding different problems at the stack, a common approach is used which drives an enterprise to better results. Thus, it takes a common solution for different problems at once using enterprise governance risk and compliance platforms.

In today’s corporate world, organizations are focusing increasingly on reducing costs, solving auditing problems, etc., which is a major factor driving the EGRC market. Moreover, the rise in the number of enterprises, organizations, among others, will also fuel the growth of the EGRC market. However, lack of awareness about EGRC in businesses could hamper the market growth.

Asia Pacific is expected to lead the EGRC market due to the booming IT sector in the region. 

Key Factors Impacting Market Growth:

  • Risk management
  • Large enterprises segment

Regional Analysis:

By region, the enterprise governance, risk, and compliance market is estimated to be dominated by North America, Western Europe, and the Asia Pacific during the forecast period. With technological advancements and a cluster of global companies operating in these regions, these regions hold key to the growth and development of enterprise governance, risk and compliance market during the forecast period. Most of the leading companies have operations in these regions to cater to the potential end users in the respective region.

The North America enterprise governance, risk and compliance market is further segmented by US, Canada, and Mexico, whereas Germany, UK, France, Italy are estimated to be some of the major markets in Western Europe.  Asia Pacific region is segmented by China, Japan, South Korea, India, and Australia. The Middle East and Eastern Europe are estimated to be potential markets with growing demand during the forecast period. Major countries in these regions include Russia, UAE, Saudi Arabia, Israel, and others. 

Companies Covered: SAP SE, Thomson Reuters, Wolters Kluwer, MetricStream Inc., and Bwise…

Market Segmentation:

By End-User:

  • Small Enterprises
  • Medium Enterprises
  • Large Enterprises

By Application:

  • Information
  • BFSI
  • Media & Entertainment
  • Healthcare
  • Others

By Solution:

  • Risk Management
  • Audit Management
  • Others

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By End-User
    • By Application
    • By Solution
  • Western Europe
    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
    • By End-User
    • By Application
    • By Solution
  • Eastern Europe
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By End-User
    • By Application
    • By Solution
  • Asia Pacific
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By End-User
    • By Application
    • By Solution
  • Middle East
    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
    • By End-User
    • By Application
    • By Solution
  • Rest of the World
    • By Region (South America, Africa)
    • By End-User
    • By Application
    • By Solution

Reasons To Buy This Report:

  • Market size estimation of the Enterprise Governance, Risk and Compliance (EGRC) market on a regional and global basis
  • Unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet the specific requirements:

  • By Segment
  • By Sub-segment
  • By Region/Country

For more information, contact: [email protected]

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