eGRC Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
MARKET INTRODUCTION
eGRC stands for Enterprise governance, risk, and compliance. eGRC is a planned discipline that focuses on organizations to identify and protect against relevant risks and enhance their operations. eGRC helps businesses in rationalizing control, cost reduction, and identify operational inefficiencies. In other terms, eGRC assimilates data, controls, and policies and develops the results in a strategically visible manner. Moreover, the rise in the adoption of eGRC software in financial institutions and the surge in penetration of the internet of things technology fuel the growth of the eGRC market.
MARKET DYNAMICS
The surge in need for this software by various banks for managing money laundering, foreign exchange risk, terrorist financing, and interest rate risk are some of the significant factors driving the growth of the eGRC market. However, security issues associated with it, complexity in installation & configuration and high cost of eGRC software are some of the major factors which may hamper the growth of the eGRC market. The manufacturing sector is anticipated to grow at the highest rate during the forecast period due to the upsurge in demand for eGRC software due to rise in supply chain risk, fraud & bribery, intellectual property risk, and reputational risk in manufacturing industries
MARKET SCOPE
The "Global eGRC Market Analysis to 2031" is a specialized and in-depth study of the eGRC market with a special focus on the global market trend analysis. The report aims to provide an overview of eGRC market with detailed market segmentation by components, deployment, enterprise size, business function, verticals. The global eGRC market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading eGRC market players and offers key trends and opportunities in the eGRC market.
MARKET SEGMENTATION
The global eGRC market is segmented on the basis of components, deployment, enterprise size, business function, verticals. On the basis of components, the market is segmented as software, services. On the basis of deployment, the market is segmented as cloud, on-premises. On the basis of enterprise size, the market is segmented as small and medium-sized businesses (SMBs), enterprises. On the basis of business function, the market is segmented as finance, information technology, legal, operations. On the basis of verticals, the market is segmented as BFSI, IT and telecom, retail, healthcare, energy and utilities, manufacturing, government and defense, others
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global eGRC market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The eGRC market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting eGRC market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the EGRC Market in these regions.
By Components
By Deployment
By Enterprise Size
By Business Function
MARKET PLAYERS
The reports cover key developments in the eGRC market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from eGRC market are anticipated to lucrative growth opportunities in the future with the rising demand for eGRC market. Below mentioned is the list of few companies engaged in the eGRC market.
The report also includes the profiles of key eGRC market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
The Insight Partners dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
eGRC stands for Enterprise governance, risk, and compliance. eGRC is a planned discipline that focuses on organizations to identify and protect against relevant risks and enhance their operations. eGRC helps businesses in rationalizing control, cost reduction, and identify operational inefficiencies. In other terms, eGRC assimilates data, controls, and policies and develops the results in a strategically visible manner. Moreover, the rise in the adoption of eGRC software in financial institutions and the surge in penetration of the internet of things technology fuel the growth of the eGRC market.
MARKET DYNAMICS
The surge in need for this software by various banks for managing money laundering, foreign exchange risk, terrorist financing, and interest rate risk are some of the significant factors driving the growth of the eGRC market. However, security issues associated with it, complexity in installation & configuration and high cost of eGRC software are some of the major factors which may hamper the growth of the eGRC market. The manufacturing sector is anticipated to grow at the highest rate during the forecast period due to the upsurge in demand for eGRC software due to rise in supply chain risk, fraud & bribery, intellectual property risk, and reputational risk in manufacturing industries
MARKET SCOPE
The "Global eGRC Market Analysis to 2031" is a specialized and in-depth study of the eGRC market with a special focus on the global market trend analysis. The report aims to provide an overview of eGRC market with detailed market segmentation by components, deployment, enterprise size, business function, verticals. The global eGRC market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading eGRC market players and offers key trends and opportunities in the eGRC market.
MARKET SEGMENTATION
The global eGRC market is segmented on the basis of components, deployment, enterprise size, business function, verticals. On the basis of components, the market is segmented as software, services. On the basis of deployment, the market is segmented as cloud, on-premises. On the basis of enterprise size, the market is segmented as small and medium-sized businesses (SMBs), enterprises. On the basis of business function, the market is segmented as finance, information technology, legal, operations. On the basis of verticals, the market is segmented as BFSI, IT and telecom, retail, healthcare, energy and utilities, manufacturing, government and defense, others
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global eGRC market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The eGRC market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting eGRC market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the EGRC Market in these regions.
eGRC Market Report Analysis
eGRC Market
-
CAGR (2023 - 2031)XX% -
Market Size 2023
US$ XX Million -
Market Size 2031
US$ XX Million
Report Coverage
- Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Key future trends
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Industry landscape and competition analysis & recent developments
- Detailed company profiles
- Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
Key Players
- IBM Corporation
- Lockpath Inc
- LogicManager Inc
- MetricStream Inc
- Microsoft Corporation
- Oracle Corporation
- RSA Security LLC
- SAP SE
- SAS Institute Inc
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
By Components
- Software
- Services
By Deployment
- Cloud
- On-premises
By Enterprise Size
- Small and Medium-sized Businesses
- Enterprises
By Business Function
- Finance
- Information Technology
- Legal
- Operations
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
The reports cover key developments in the eGRC market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from eGRC market are anticipated to lucrative growth opportunities in the future with the rising demand for eGRC market. Below mentioned is the list of few companies engaged in the eGRC market.
The report also includes the profiles of key eGRC market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- IBM Corporation
- Lockpath Inc.
- LogicManager, Inc.
- MetricStream Inc.
- Microsoft Corporation
- Oracle Corporation
- RSA Security LLC
- SAP SE
- SAS Institute Inc.
- Thomson Reuters
The Insight Partners dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
eGRC Market Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2023 | US$ XX Million |
| Market Size by 2031 | US$ XX Million |
| Global CAGR (2023 - 2031) | XX% |
| Historical Data | 2021-2022 |
| Forecast period | 2024-2031 |
| Segments Covered |
By Components
|
| Regions and Countries Covered | North America
|
| Market leaders and key company profiles |
|
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
The List of Companies
1. IBM Corporation
2. Lockpath Inc.
3. LogicManager, Inc.
4. MetricStream Inc.
5. Microsoft Corporation
6. Oracle Corporation
7. RSA Security LLC
8. SAP SE
9. SAS Institute Inc.
10. Thomson Reuters
1. IBM Corporation
2. Lockpath Inc.
3. LogicManager, Inc.
4. MetricStream Inc.
5. Microsoft Corporation
6. Oracle Corporation
7. RSA Security LLC
8. SAP SE
9. SAS Institute Inc.
10. Thomson Reuters
Get Free Sample For