Enterprise Governance, Risk and Compliance (eGRC) Global Market Report 2022: Increasing Number of Cyber-Attacks Drives Adoption


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.

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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

Attachment

 
Global Enterprise, Governance, Risk, and Governance (Egrc) Market

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