Global Enterprise Governance, Risk & Compliance (GRC) report from Global Insight Services is the single authoritative source of intelligence on Enterprise Governance, Risk & Compliance (GRC) market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. 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.
Enterprise Governance, Risk & Compliance (GRC) is a framework that helps organizations manage their risks, compliance obligations and performance. It provides a holistic view of an organization’s risks and helps ensure that risks are managed in a coordinated and effective manner. GRC can also help organizations improve their performance by providing visibility into areas of risk and opportunity.
Key Trends
There are a number of key trends in Enterprise Governance, Risk & Compliance (GRC) technology. One of the most important is the move towards automation and integration of GRC processes.
Another key trend is the increasing use of data analytics in GRC. This is being driven by the need to better understand and manage risk, as well as to improve the accuracy of compliance reporting.
Finally, another key trend is the increasing focus on culture and behavior in GRC. This is being driven by the recognition that culture and behavior are important factors in effective GRC.
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Market Segments
The enterprise governance, risk & compliance market is segmented by offering, deployment mode, end-user, and region. By offering, the market is classified into software, and services. On the basis of deployment mode, it is bifurcated into on-premise, and cloud. Based on end-user, it is divided into BFSI, government, healthcare, and others. Region-wise, the market is segmented into North America, Europe, Asia Pacific, and Rest of the World.
Key Players
The global enterprise governance, risk & compliance market includes players such as IBM, Lockpath Inc, Logicmanager Inc, Metricstream Inc, Microsoft Corporation, RSA Security LLC., SAP SE, SAS Institute Inc, Oracle Corporation, Thomson Reuters, and others.
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Key Drivers
There are a number of key drivers of the Enterprise Governance, Risk & Compliance market.
Firstly, organizations are increasingly aware of the importance of effective governance, risk, and compliance management in order to protect their reputation and avoid costly fines and penalties.
Secondly, there is a growing regulatory environment that is putting pressure on organizations to improve their governance, risk, and compliance management processes and systems.
Thirdly, organizations are increasingly recognizing the benefits of using technology to automate and improve their governance, risk, and compliance management processes.
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