Dublin, Dec. 16, 2022 (GLOBE NEWSWIRE) -- The "Enterprise Governance, Risk and Compliance (eGRC) Global Market Report 2022: Ukraine-Russia War Impact" report has been added to ResearchAndMarkets.com's offering.
The global enterprise, governance, risk, and governance (eGRC) market is expected to grow from $28.98 billion in 2021 to $33.54 billion in 2022 at a compound annual growth rate (CAGR) of 15.7%.
The enterprise, governance, risk, and governance (eGRC) market is expected to grow to $61.45 billion in 2026 at a compound annual growth rate (CAGR) of 16.3%.
The main components of enterprise, governance, risk and compliance (eGRC) market are software and services. Software refers to a set of instructions, data, or programs used to operate a computer and execute specific tasks. The organization size is large enterprises and small and medium enterprises. The deployment is cloud-based and on-premise. The various verticals involved BFSI, healthcare, government, energy and utilities, manufacturing, retail and consumer goods, telecom and IT, and other verticals.
North America was the largest region in the enterprise, governance, risk, and governance (eGRC) market in 2021. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the enterprise, governance, risk, and governance (eGRC) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Increasing cyber-attack incidents are expected to propel the growth of the enterprise governance, risk, and compliance (eGRC) market going forward. A cyber-attack refers to any attempt to gain unauthorized access to a computer, computing system, or computer network with the intent to cause damage.
Organizations globally are adopting eGRC solutions to leverage numerous features such as risk and compliance management, business resiliency applications, and financial audit management.
Technological advancements are a key trend gaining popularity in the enterprise governance, risk, and compliance (eGRC) market. Major companies operating in the enterprise governance, risk, and compliance market are focused on developing new technological solutions to strengthen their position.
For instance, in November 2019, Infosys, a Bangalore-based company operating in the enterprise, governance, risk, and compliance space, introduced an AI (artificial intelligence) and ML (machine learning) based digital application for governance, risk, and compliance (GRC) on MetricStream Cloud.
The suite would provide a conversational or chatbot interface and robotic process automation (RPA)-enabled control testing for the MetricStream cloud platform, ensuring that real-time testing is possible while using the latter's GRC products. The AI and ML capabilities of the chatbot are aided by natural language processing (NLP) that would allow first-line users to report and track observations and clarify their queries around GRC functionalities and business processes.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies.
- Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
- Assessment of Russia - War Impact on agriculture, energy and mineral commodities supply and their direct and indirect impact on the market analyzed in the report.
- Impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market research findings.
- Benchmark performance against key competitors.
- Utilize the relationships between key data sets for superior strategizing.
- Suitable for supporting your internal and external presentations with reliable high-quality data and analysis
Scope
Markets Covered:
1) By Component: Software; Services
2) By Organization Size: Large Enterprise; Small And Medium Enterprise
3) By Deployment Model: Cloud-Based; On-Premise
4) By Vertical: Banking, Financial Services And Insurance (BFSI); Healthcare; Government; Energy And Utilities; Manufacturing; Retail And Consumer Goods; Telecom And Information Technology (IT); Other Verticals
Key Topics Covered:
1. Executive Summary
2. Enterprise Governance, Risk And Compliance (eGRC) Market Characteristics
3. Enterprise Governance, Risk And Compliance (eGRC) Market Trends And Strategies
4. Enterprise Governance, Risk And Compliance (eGRC) Market - Macro Economic Scenario
5. Enterprise Governance, Risk And Compliance (eGRC) Market Size And Growth
6. Enterprise Governance, Risk And Compliance (eGRC) Market Segmentation
7. Enterprise Governance, Risk And Compliance (eGRC) Market Regional And Country Analysis
8. Asia-Pacific Enterprise Governance, Risk And Compliance (eGRC) Market
9. China Enterprise Governance, Risk And Compliance (eGRC) Market
10. India Enterprise Governance, Risk And Compliance (eGRC) Market
11. Japan Enterprise Governance, Risk And Compliance (eGRC) Market
12. Australia Enterprise Governance, Risk And Compliance (eGRC) Market
13. Indonesia Enterprise Governance, Risk And Compliance (eGRC) Market
14. South Korea Enterprise Governance, Risk And Compliance (eGRC) Market
15. Western Europe Enterprise Governance, Risk And Compliance (eGRC) Market
16. UK Enterprise Governance, Risk And Compliance (eGRC) Market
17. Germany Enterprise Governance, Risk And Compliance (eGRC) Market
18. France Enterprise Governance, Risk And Compliance (eGRC) Market
19. Eastern Europe Enterprise Governance, Risk And Compliance (eGRC) Market
20. Russia Enterprise Governance, Risk And Compliance (eGRC) Market
21. North America Enterprise Governance, Risk And Compliance (eGRC) Market
22. USA Enterprise Governance, Risk And Compliance (eGRC) Market
23. South America Enterprise Governance, Risk And Compliance (eGRC) Market
24. Brazil Enterprise Governance, Risk And Compliance (eGRC) Market
25. Middle East Enterprise Governance, Risk And Compliance (eGRC) Market
26. Africa Enterprise Governance, Risk And Compliance (eGRC) Market
27. Enterprise Governance, Risk And Compliance (eGRC) Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Enterprise Governance, Risk And Compliance (eGRC) Market
29. Enterprise Governance, Risk And Compliance (eGRC) Market Future Outlook and Potential Analysis
30. Appendix
Companies Mentioned
- IBM Corporation
- LogicManager Inc.
- MetricStream Inc.
- Microsoft Corporation
- SAP SE
For more information about this report visit https://www.researchandmarkets.com/r/igr69k
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