New York, According to a new market research report published by Global Insight Services “eGRC Market” is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
eGRC is a framework for managing enterprise governance, risk, and compliance. It provides a holistic view of an organization’s risk and compliance posture, and enables businesses to make informed decisions about how to allocate resources to mitigate risks.
eGRC can be used to manage compliance with internal policies and external regulations. It can also be used to assess and manage risks associated with business activities.
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Key Trends
There are a few key trends in eGRC technology. One is the move towards cloud-based solutions. This is driven by the need for organizations to be more agile and have greater flexibility in how they manage their compliance programs. Another trend is the use of artificial intelligence and machine learning to help organizations automate their compliance processes. This is seen as a way to improve efficiency and accuracy, and to reduce the cost of compliance.
Market Segments
By Component
- Software
- Services
By Software
- Audit Management
- Compliance Management
- Risk Management
- Policy Management
- Incident Management
- Others
By Enterprise Type
- Small and Medium Enterprise (SME)
- Large Enterprise
Key Players
- IBM
- Deloitte
- KPMG
- EY
- SAP SE
- Bwise
- MetricStream Inc.
- Thomson Reuters
- Wolters Kluwer
- Protiviti
- SAI Global
- ProcessGene
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Reasons to buy eGRC Market Report:
• Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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