Global Enterprise Governance, Risk And Compliance (eGRC) Market to Witness Huge Growth By 2025

Global enterprise governance, risk and compliance market was valued US$ 25.32 Bn in 2017 and is expected to reach US$ 66.76 Bn by 2026, at a CAGR of 12.88% during a forecast period.Global enterprise governance, risk and compliance marketEnterprise governance, risk, and compliance (GRC) is a strategic discipline that enables organizations to identify and protect against all types of risks and also increase operations.The increasing demand for corporate governance, regulatory requirements and compliance are boosting the enterprise governance risk and compliance market.

Moreover, reducing costs, rationalizing controls, identify operational inefficiencies are adding fuel to the growth of the market.

However, lack of awareness and restricted resources is also hampering the growth of enterprise governance, risk and compliance market.

Reducing total cost of ownership of software with integrated solutions to tackle myriad regulations, such as compliance to supply chain, and quality control is expected to key factor driving market growth.

Moreover, growing need for assessment of third-party and supplier risk and audits are likely to boost the market at a major rate.The BFSI sector accounted for a significant market share of over the enterprise GRC market in 2017.

Banks and financial institutions are swamped by regulations introduced as a consequence of the 2008 financial crisis.

Enterprise Governance, Risk and Compliance is a discipline that aims to synchronize information and activity across governance.Enterprise Governance, Risk and Compliance can function more effectively, realize the effective information sharing and reporting activities more effectively and to avoid waste of overlap.Over the next five years, LPI(LP Information) projects that Enterprise Governance, Risk and Compliance will register a 12.4% CAGR in terms of revenue, reach US$ 48100 million by 2023, from US$ 23900 million in 2017.Ask for PDF Sample Copy: https://www.orbisresearch.com/contacts/request-sample/2346581The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.

The Key Manufacturers covered in this report:SAPThomson ReutersWolters KluwerMetricStreamBwiseThis study considers the Enterprise Governance, Risk and Compliance value generated from the sales of the following segments:Segmentation by Product Type: Breakdown data from 2014 to 2019, and Forecast to 2024.Audit ManagementCompliance ManagementPolicy ManagementIncident ManagementSegmentation by Application:BFSIConstruction & EngineeringEnergy & UtilitiesGovernmentHealthcareManufacturingRetail & Consumer GoodsTelecom & ITTransportation & LogisticsGet Reasonable Discount: https://www.orbisresearch.com/contacts/discount/2346581In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole.

It also analyzes key emerging trends and their impact on present and future development.The global Enterprise Governance, Risk and Compliance market has been segmented by region which includes the Americas, United States, Canada, Mexico, Brazil, APAC, China, Japan, Korea, Southeast Asia, India, Australia, Europe, Germany, France, UK, Italy, Russia, Spain, Middle East & Africa, Egypt, South Africa, Israel, Turkey, GCC Countries.

The region wise segmentation ensures that the customers attain utmost knowledge of the Enterprise Governance, Risk and Compliance market trends in each region and hence can plan accordingly to gain the maximum market share.Some Major TOC Points:Global Enterprise Governance, Risk and Compliance Market Report (Status and Outlook) 20191 Scope of the Report2 Executive Summary3 Global Enterprise Governance, Risk and Compliance by Players4 Enterprise Governance, Risk and Compliance by Regions5 Americas6 APAC7 Europe8 Middle East & Africa9 Market Drivers, Challenges and Trends10 Global Enterprise Governance, Risk and Compliance Market Forecast…11 Key Players Analysis11.1 SAP11.1.1 Company Details11.1.2 Enterprise Governance, Risk and Compliance Product Offered11.1.3 SAP Enterprise Governance, Risk and Compliance Revenue, Gross Margin and Market Share (2016-2018)11.1.4 Main Business Overview11.1.5 SAP News11.2 Thomson Reuters11.2.1 Company Details11.2.2 Enterprise Governance, Risk and Compliance Product Offered11.2.3 Thomson Reuters Enterprise Governance, Risk and Compliance Revenue, Gross Margin and Market Share (2016-2018)11.2.4 Main Business Overview11.2.5 Thomson Reuters News11.3 Wolters Kluwer11.3.1 Company Details11.3.2 Enterprise Governance, Risk and Compliance Product Offered11.3.3 Wolters Kluwer Enterprise Governance, Risk and Compliance Revenue, Gross Margin and Market Share (2016-2018)11.3.4 Main Business Overview11.3.5 Wolters Kluwer News11.4 MetricStream11.4.1 Company Details11.4.2 Enterprise Governance, Risk and Compliance Product Offered11.4.3 MetricStream Enterprise Governance, Risk and Compliance Revenue, Gross Margin and Market Share (2016-2018)11.4.4 Main Business Overview11.4.5 MetricStream News11.5 Bwise11.5.1 Company Details11.5.2 Enterprise Governance, Risk and Compliance Product Offered11.5.3 Bwise Enterprise Governance, Risk and Compliance Revenue, Gross Margin and Market Share (2016-2018)11.5.4 Main Business Overview11.5.5 Bwise News 12 Research Findings and Conclusion           About Us:Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements.

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In 2018, the global Enterprise Governance, Risk, and Compliance (eGRC) market size was million US$ and it is expected to reach million US$ by the end of 2025, with a CAGR of during 2019-2025.

The report sheds light on the highly lucrative Global Enterprise Governance, Risk, and Compliance (eGRC) Market and its diversifying nature.

The report provides a detailed analysis of the market segmentation, size, and share; market dynamics such as the growth drivers, restraints, challenges, and opportunities; service providers, investors, stakeholders, and key market players.

In addition, the report highlights the threat factors that the market will likely encounter over the forecast period.

The report provides detailed profile assessments and multi-scenario revenue projections for the most promising industry participants.

The Global Enterprise Governance, Risk, and Compliance (eGRC) report focus on the latest trends in the global and regional spaces on all the significant components, including the capacity, cost, price, technology, supplies, production, profit, and competition.

Global Enterprise Governance, Risk and Compliance (eGRC) Market is anticipated to reach USD 64.61 billion by 2025.

The eGRC market is anticipated to grow at a healthy rate in the years to come.

Enterprise governance, risk and compliance (eGRC) is an innovative and a multifaceted method where the concerns associated with risk management, compliance issues, and corporate governance, are combined, aligned and closely associated strategic activities with a direct influence on business.On the other hand, the factors that may hamper the growth of the market include low awareness level concerning the advantages of enterprise governance, risks, and compliance.

Enterprise governance, risk and compliance (eGRC) industry is anticipated to grow at a significant CAGR of 12.8% in the upcoming period as the scope, product types, and its applications are increasing across the globe.

The market may be explored by component as Service, and Software.Download Free Sample Report @ https://www.millioninsights.com/industry-reports/enterprise-governance-risk-compliance-egrc-market/request-sampleEnterprise governance, risk and compliance (eGRC) industry may be explored by software as Compliance management, Audit management, Risk management, Incident management, Policy management, and others (IT GRC, Business continuity management, issue management, and financial control management).

The market may be explored by Business function as IT, Finance, Operations, and Legal.Enterprise governance, risk and compliance (eGRC) industry may be explored by industry verticals as Transportation and logistics, BFSI, Government, Construction and engineering, Healthcare, Energy and utilities, Manufacturing, Retail and consumer goods, Mining and natural resources, Telecom and IT, Others (Media and entertainment, academia, tourism and hospitality, and oil and gas).