Governance Risk And Compliance Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW

The governance, compliance and risk software also known as GRC software is an application that establishes enterprise policies by streamlining the process of assessing risks thereby increasing opportunities and reducing costs and business complexities for business improvement. In IT firms risks associated with the use, ownership, operation, involvement, influence and adoption of IT are mitigated by using governance, compliance and risk software.

MARKET SCOPE

The "Global Governance Risk And Compliance Market Analysis to 2031" is a specialized and in-depth study of the technology, media and telecommunication industry with a special focus on the global market trend analysis. The report aims to provide an overview of the governance risk and compliance market with detailed market segmentation by offering, organization size, end user and geography. The report provides key statistics on the market status of the leading governance risk and compliance market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

•   Based on offering, the global governance risk and compliance market is segmented into software, service
  
•   On the basis of organization size, the market is segmented into small and medium enterprise, large enterprise
  
•   Based on end user, the market is bifurcated into BFSI, automotive, manufacturing, healthcare and pharmaceutical, transportation and logistics, energy and power, others
  

MARKET DYNAMICS
Drivers:

•   Increase in stringent compliance mandates.
  
•   Growing need to get a holistic view of data.
  
•   Growing data and security breaches
  

Restraints:

•   Various structures of regulatory policies
  

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The governance risk and compliance market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring 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 affecting the governance risk and compliance market in these regions.

IMPACT OF COVID-19 ON GOVERNANCE RISK AND COMPLIANCE MARKET

COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.

Governance Risk And Compliance Market Report Analysis

Governance Risk And Compliance 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

• BWise B.V.
• Dell EMC
• Maclear LLC
• MetricStream Inc.
• Modulo Security LLC
• Nymity Inc.
• OneTrust LLC
• SAI Global
• TrustArc Inc

Regional Overview

• North America
• Europe
• Asia-Pacific
• South and Central America
• Middle East and Africa

Market Segmentation

By Offering

• Software
• Service

By Organization Size

• Small and Medium Enterprise
• Large Enterprise

By End user

• BFSI
• Automotive
• Manufacturing
• Healthcare and Pharmaceutical
• Transportation and Logistics
• Energy and Power

MARKET PLAYERS

The report covers key developments in the governance risk and compliance 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 marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from governance risk and compliance market are anticipated to lucrative growth opportunities in the future with the rising demand in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the governance risk and compliance market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   BWise B.V.
  
•   Dell EMC
  
•   Maclear LLC
  
•   MetricStream Inc.
  
•   Modulo Security LLC
  
•   Nymity Inc.
  
•   OneTrust LLC
  
•   SAI Global
  
•   TrustArc Inc
  
•   Wolters Kluwer N.V.
  
•   BMC Software, Inc
  
•   MetricStream
  
•   Galvanize
  
•   ServiceNow
  
•   SoftExpert Software
  
•   Resolver
  
•   Quantivate, LLC
  
•   Software AG
  
•   IBM Corporation
  
•   SAP SE
  
•   SYSPRO
  
•   Enablon
  
•   Civica
  
•   PwC
  
•   GBTEC Software AG
  
•   Hyperproof
  
•   LogicGate, Inc.
  
•   Avatier
  
•   Exterro, Inc
  
•   Chetu Inc
  
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Governance Risk And Compliance Market Report Scope