Mon, 18 Oct 2021


The new report by Expert Market Research titled, 'Global Enterprise Governance, Risk & Compliance (eGRC) Market Size, Share, Price, Trends, Growth, Report and Forecast 2021-2026', gives an in-depth analysis of the Global eGRC market, assessing Global Enterprise Governance, Risk & Compliance (eGRC) Market to be driven by increased awareness and rising need for regulation compliance in the Forecast Period of 2021-2026he market based on its segments like solutions, services, functions, end-use and major regions like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter's Five Forces models.

Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on request sample report. The sample report shall be delivered to you within 24 hours.

Get a Free Sample Report with Table of Contents - https://www.expertmarketresearch.com/reports/egrc-market/requestsample

The key highlights of the report include:

Market Overview (2015-2026)

• Historical Market Size (2020): USD 32.2 Billion

• Forecast CAGR (2021-2026): 12.9%

• Forecast Market Size (2026): USD 66.6 Billion

The global EGRC market witnessed decent growth in the historical period, due to increased awareness among business owners/operators regarding stringent compliance regulations and increasing need for data security.

Industry Definition and Major Segments

Enterprise governance, risk, and compliance (EGRC) enables risk and compliance management teams to analyse and share data for a 360-degree view of the organization's risk landscape, allowing executives and boards to build educated business strategies and minimize the risks for financial and data losses.

Read Full Report with Table of Contents - https://www.expertmarketresearch.com/reports/egrc-market

Based on solutions, the market can be categorised into the following:

• Policy Management

• Audit Management

• Compliance Management

• Risk Management

Based on services, the market can be segmented into:

• Training and Consulting

• Integration

• Support

Based on functions, the market can be divided into segments, such as:

Finance

• Information Technology

Legal

Operations

Based on the end-use, the market can be divided into segments, such as:

• BFSI

• Construction and Engineering

• Energy and Utilities

• Government

Healthcare

Manufacturing

• Mining and Natural Resources

• Retail and Consumer Goods

• Telecom and IT

• Transportation and Logistics

The regional market for eGRC includes:

• North America

• Europe

• Asia Pacific

• Latin America

• Middle East and Africa

Market Trends

Globally, North America owns the largest market share, and the region will dominate the market in the forecast period. This can be attributed to early adoption of these technologies and successful implementation in active system. Asia Pacific is anticipated to grow with the fastest CAGR. With increased awareness and investments in manufacturing, IT and other business generating facilities, the need for eGRC will be on the rise and thus, the region is anticipated to lead the global market's CAGR growth in the forecast period.

Rapid globalisation and commercialization have prompted countries to develop new rules to promote fair trade. The eGRC plays a critical role in tackling the complexities of adhering to tight regulatory standards. Furthermore, changes in a country's economy result in the implementation of new policies or amendments to current ones. As a result, organisations must keep up with these developments and update their existing eGRC systems to avoid non-compliance. Also, the growing number of threats to critical data is likely to propel the global eGRC market forward in the forecast period. However, a lack of understanding of the benefits of corporate eGRC has hampered the expansion of industry, which can be improved by increased education and awareness among the businesses.

Key Market Players

The major players in the global market include International Business Machines Corporation (IBM) Corporation (NYSE: IBM), Microsoft Corporation, Oracle Corporation , SAS Institute Inc., Thomson Reuters Corporation, Wolters Kluwer N.V., among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

Related Reports:

Global Software-Defined Networking (SDN) Market: https://www.expertmarketresearch.com/reports/software-defined-networking-market

Global Software-Defined Data Centre Market: https://www.expertmarketresearch.com/reports/software-defined-data-center-market

Global Smart TV Market: https://www.expertmarketresearch.com/reports/smart-tv-market

Global Smart Glass Market: https://www.expertmarketresearch.com/reports/smart-glass-market

Global Silicon Nitride Market: https://www.expertmarketresearch.com/reports/silicon-nitride-market

Global Sheet Metal Fabrication Services Market: https://www.expertmarketresearch.com/reports/sheet-metal-fabrication-services-market-report

Global Smartphone Sensors Market: https://www.expertmarketresearch.com/reports/sensors-market-for-smartphones-market

Global Semiconductor Market: https://www.expertmarketresearch.com/reports/semiconductor-market

Global Sealing and Strapping Packaging Tapes Market: https://www.expertmarketresearch.com/reports/sealing-and-strapping-packaging-tapes-market

Global Sauces Market: https://www.expertmarketresearch.com/reports/sauces-market

Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients' needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

We also provide state-of-the-art procurement intelligence through our platform, https://www.procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.

Informes de Expertos (https://www.informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client's unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

Media Contact

Company Name: EMR Inc.

Contact Person: Mathew Williams, Business Consultant

Email: sales@expertmarketresearch.com

Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790

Address: 30 North Gould Street, Sheridan, WY 82801, USA

City: Sheridan

State: Wyoming

Country: United States

Website: https://www.expertmarketresearch.com

Get in touch with us: Procurement Intelligence

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

Content Source@ https://expertmarketresearch-emr.blogspot.com/2021/09/enterprise-governance-risk-compliance-egrc-market.html

More Oregon News

Access More

Sign up for Oregon State News

a daily newsletter full of things to discuss over drinks.and the great thing is that it's on the house!