Global Enterprise Governance, Risk and Compliance Market is valued USD 22.01 billion in 2016 is anticipated to grow USD 63.89 billion with the compounded annual growth of 12.57% over the forecast period 2018-2025.
New York 14 Aug 2018, As per the new research study conducted by Bizwit Research & Consulting, Global Enterprise Governance, Risk and Compliance market industry is poised to raise USD 63.89 billion by 2025. The major factors expected to augment the market are increasing business associations, acquisitions & partnerships, compliance mandates & government regulations, escalating usage of data, rising espousal of these solutions by various firms, growing no. of industries that need to avoid non-compliance with the government and corporate regulations. Governance, Risk & Compliance, or GRC for short, refers to a company’s coordinated strategy for handling the broad issues of corporate governance, enterprise risk management (ERM) and corporate compliance with regard to regulatory requirements.
To view the summary or to request a sample copy of this report, please click the link mentioned below:
Global Enterprise Governance, Risk and Compliance Market Size Study By Component (Services, Software), By Software (Compliance, Audit, Policy, Risk, Incident), By Services (Consulting, Support, Integration), By Enterprise Type (SME, Large), By Vertical (Retail, BFSI, Healthcare, Manufacturing, IT & Telecom, Consumer Goods, Others), and By Regional Forecasts, 2018-2025
The industry is seeming to be fairly competitive. Some of the leading market players include Fidelity National Information Services, Inc. (FIS), SAP SE, Maclear, Thomson Reuters, Dell EMC, Wolters Kluwer, IBM Corporation, MetricStream Inc., Bwise, SAS Institute, Inc., and so on. The fierce competitiveness has made these players spend in product developments to improve the customer’s requirements.
Key findings of the study:
- The North American region accounted for the leading market share, more than XX % of the total market in 2016.
- The Asia Pacific region will be the highest growing segment with respect to geographical segmentation, the region is likely to grow by XX% CAGR over the forecast period 2018-2025
Bizwit Research & Consulting LLP has considered following segments for the study:
- Compliance Management
- Audit Management
- Policy Management
- Risk Management
- Incident Management
By Enterprise Type:
- Small & Medium Size Enterprises
- Large Enterprise
- Banking, Financial Services & Insurance (BFSI)
- IT & Telecom
- Consumer Goods
- North America
- Asia Pacific
- Latin America
- Rest of the World