Enterprise

$76.99 Billion Enterprise Governance, Risk, and Compliance (eGRC) Markets – Global Forecast to 2026


The “Global eGRC Market Analysis 2020” report has been added to ResearchAndMarkets.com’s offering.

The Global eGRC market is expected to reach $76.99 billion by 2026 growing at a CAGR of 15.4% from 2019 to 2026

Enterprise governance, risk, and compliance (EGRC) consist of a software package that introduces efficiencies in compliance activity and risk management to efficiently execute any business expansion through collaboration or partnership. It helps to develop a well-structured governance, risk, and compliance process that is aligned with corporate objectives to easily upgrade existing business modules. Also, it generates comprehensive reports as well as generates ad-hoc reports.

Factors such as growing data & security breaches and an increase in stringent compliance mandates are driving the market growth. However, the varying structure of regulatory policies is hampering the market growth. Moreover, integration of AI and blockchain technologies into eGRC solutions may provide ample opportunities for the market growth.

Based on end user, the Banking, Financial Services and Insurance (BFSI) segment is going to have a lucrative growth during the forecast period. BFSI is the largest revenue contributor to the global eGRC market. The BFSI industry faces the increasing pressure to enhance its overall performance and deliver a seamless experience to its customers.

Hence, the BFSI vertical is looking for a framework that can help organizations meet various regulatory and compliance-related requirements. Enterprise governance, risk, and compliance help effective risk management by identifying risk to customers and third-party, covering every line of a business and its operations in the BFSI sector.

The key vendors mentioned are IBM, Alyne, Dell EMC, FIS, Ideagen, LogicManager, MEGA International, MetricStream, Microsoft, NAVEX Global, Oracle, ProcessGene, SAI Global, SAP, SAS Institute, Software AG, Thomson Reuter and Wolters Kluwer.

Key Questions Answered in this Report:

  • How this market evolved since the year 2018
  • Market size estimations, forecasts and CAGR for all the segments presented in the scope
  • Key Market Developments and financials of the key players
  • Opportunity Analysis for the new entrants
  • SWOT Analysis of the key players
  • Fastest growing markets analyzed during the forecast period

Key Topics Covered:

1 Market Synopsis

2 Research Outline

2.1 Research Snapshot

2.2 Research Methodology

2.3 Research Sources

3 Market Dynamics

3.1 Drivers

3.2 Restraints

4 Market Environment

4.1 Bargaining power of suppliers

4.2 Bargaining power of buyers

4.3 Threat of substitutes

4.4 Threat of new entrants

4.5 Competitive rivalry

5 Global eGRC Market, By Component

5.1 Introduction

5.2 Services

5.3 Software

6 Global eGRC Market, By Deployment Mode

6.1 Introduction

6.2 On-premises

6.3 Cloud

7 Global eGRC Market, By Enterprise Size

7.1 Introduction

7.2 Large Enterprises

7.3 Small and Medium Enterprises

8 Global eGRC Market, By Business Function

8.1 Introduction

8.2 Operation

8.3 Legal

8.4 Information Technology (IT)

8.5 Finance

9 Global eGRC Market, By Type

9.1 Introduction

9.2 Policy Management

9.3 Audit Management

9.4 Case Management

9.5 Compliance Management

9.6 Content Workflow

9.7 Digital Asset Management

9.8 Document Management

9.9 Imaging and Capturing

9.10 Incident Management

9.11 Mobile Content Management

9.12 Record Management

9.13 Risk Management

9.14 Web Content Management

10 Global eGRC Market, By Service

10.1 Introduction

10.2 Consulting

10.3 Integration

10.4 Support

11 Global eGRC Market, By End User

11.1 Introduction

11.2 Aerospace & Defense

11.3 Banking, Financial Services and Insurance (BFSI)

11.4 Construction and Engineering

11.5 Energy and Utility

11.6 Government & Private

11.7 Healthcare & Education

11.8 Manufacturing & Automotive

11.9 Mining and Natural Resources

11.10 Media & Communication Services

11.11 Retail and Consumer Goods

11.12 Telecom and IT

11.13 Transportation and Logistics

12 Global eGRC Market, By Geography

13 Strategic Benchmarking

14 Vendors Landscape

  • IBM
  • Alyne
  • Dell EMC
  • FIS
  • Ideagen
  • LogicManager
  • MEGA International
  • MetricStream
  • Microsoft
  • NAVEX Global
  • Oracle
  • ProcessGene
  • SAI Global
  • SAP
  • SAS Institute
  • Software AG
  • Thomson Reuter
  • Wolters Kluwer

For more information about this report visit https://www.researchandmarkets.com/r/m86z3k

View source version on businesswire.com: https://www.businesswire.com/news/home/20200915005724/en/

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