Product Code: GVR-1-68038-670-7
Enterprise Governance, Risk And Compliance Market Growth & Trends:
The global enterprise governance, risk and compliance market size is projected to reach USD 134.86 billion by 2030, registering a CAGR of 13.8% from 2023 to 2030, according to a new study by Grand View Research, Inc. GRC and EGRC help businesses by implicating policies and procedures for mitigating risks and adopting a better workflow. Enterprise governance and risk compliance (EGRC) regulate organizations by identifying, controlling, and monitoring risks and hazards which might occur in the critical business environment. Enterprise governance risk and observations ensure that the company adheres to strict norms and maintains the standards for complete growth and prosperity.
Enterprise governance risk & compliance plays a critical role in businesses in multiple industries; however, the government authorities' stringent regulations are increasing, resulting in increased demand for EGRC. The compliances are formulated to ensure drives work with accountability and take crucial measures for overcoming risk. The future of any business depends on how actively companies understand the internal and external factors to make decisions with the help of EGRC guidelines. The increase in data breaches across industries has escalated information security. The development of sectors that perform complex transactions has driven the adoption of EGRC, which is essential for market growth.
The software segment of the EGRC market by component is expected to occupy the largest share in 2022 and is anticipated to maintain its dominance over the forecast period. Implementing enterprise governance risk and compliance software helps businesses enhance performance, gain visibility, and minimize risk and compliance costs. The services segment is expected to have a significant CAGR during the forecast period 2023-2030, attributed to the evolution of advisory, software-as-service solutions, and integration, resulting in improved performance and implementation.
Enterprise Governance, Risk And Compliance Market Report Highlights:
- Enterprises of all sizes are implementing EGRC software to stay ahead of their competitors in the market. Organizations have made it obligatory to install EGRC software, considering the importance of data protection
- The software segment is projected to occupy the largest share of the market and the highest CAGR owing to many companies offering software solutions across the globe.
- The Small and Medium Enterprise (SME) segment is anticipated to lead growth, registering the highest CAGR for the period 2023-2030
- The integration segment of the enterprise governance, risk & compliance market by services is expected to register the highest CAGR during the forecast period, owing to enhanced functionalities of integrated services
- Risk management is expected to occupy the largest share of the enterprise governance, risk and compliance market segment, as it helps organizations manage audits with the help of compliance
- The Telecom & IT segment of the enterprise governance, risk and compliance market by vertical is expected to register the highest CAGR during 2023-2030, attributed to increased cyberattacks and adoption of new technologies in the industry.
- Asia Pacific market will witness substantial growth during the forecast period. Major countries contributing to the region's growth include Japan and China. The rapid increase of digital technology in the area will provide extra access to transformation to solve economic and social factors
Table of Contents
Chapter 1 Methodology and Scope
- 1.1 Market Segmentation & Scope
- 1.2 Market Definition
- 1.3 Research Methodology
- 1.4 Information Procurement
- 1.4.1 Purchased Database
- 1.4.2 GVR's internal database
- 1.4.3 Secondary sources & third-party perspectives
- 1.4.4 Primary research
- 1.5 Information analysis
- 1.6 Market formulation & data visualization
- 1.7 Data validation & publishing
Chapter 2 Executive Summary
- 2.1 Market Snapshot
- 2.1.1 Global Enterprise governance, risk and compliance market, 2018 - 2030 (USD Million)
- 2.1.2 Global Enterprise governance, risk and compliance market, by Region, 2018 - 2030 (USD Million)
- 2.1.3 Global Enterprise governance, risk and compliance market, by Component, 2018 - 2030 (USD Million)
- 2.1.4 Global Enterprise governance, risk and compliance market, by Software, 2018 - 2030 (USD Million)
- 2.1.5 Global Enterprise governance, risk and compliance market, by Services, 2018 - 2030 (USD Million)
- 2.1.6 Global Enterprise governance, risk and compliance market, by Enterprises, 2018 - 2030 (USD Million)
- 2.1.7 Global Enterprise governance, risk and compliance market, by Vertical, 2018 - 2030 (USD Million)
Chapter 3 Market Variables, Trends & Scope
- 3.1 Penetration & Growth Prospect Mapping
- 3.2 Industry Value Chain Analysis
- 3.3 Market Dynamics
- 3.3.1 Market Driver Analysis
- 3.3.1.1 Stringent regulations and policies to monitor business activities
- 3.3.1.2 Dynamic regulatory environment and growing digital volumes
- 3.3.2 Market Challenge Analysis
- 3.3.2.1 Need for continious software upgrades in line with changing regulations
- 3.4 Global Enterprise Governance, risk and compliance Market Analysis Tools
- 3.4.1 Global Enterprise governance, risk and compliance Market - PORTER'S Five Forces
- 3.4.2 Global Enterprise governance, risk and compliance Market - PEST analysis
- 3.5 Global Enterprise Governance, risk and compliance Market - COVID-19 Impact
- 3.6 Key Company Ranking Analysis, 2020
Chapter 4 Global Enterprise Governance, risk and compliance Market: Component Estimates & Trend Analysis
- 4.1 Global Enterprise Governance, risk and compliance Market: Component Movement & Market Share Analysis, 2022 & 2030
- 4.2 Software
- 4.2.1 Market estimates and forecasts, 2018 - 2030 (USD Million)
- 4.3 Services
- 4.3.1 Market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 5 Global Enterprise Governance, risk and compliance Market: Software Estimates & Trend Analysis
- 5.1 Global Enterprise Governance, risk and compliance Market: Software Movement & Market Share Analysis, 2022 & 2030
- 5.2 Audit Management
- 5.2.1 Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.3 Compliance Management
- 5.3.1 Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.4 Risk Management
- 5.4.1 Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.5 Policy Management
- 5.5.1 Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.6 Incident Management
- 5.6.1 Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.7 Others
- 5.7.1 Market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 6 Global Enterprise Governance, risk and compliance Market: Services Estimates & Trend Analysis
- 6.1 Global Enterprise Governance, risk and compliance Market: Services Movement & Market Share Analysis, 2022 & 2030
- 6.2 Integration
- 6.2.1 Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.3 Consulting
- 6.3.1 Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.4 Support
- 6.4.1 Market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 7 Global Enterprise Governance, risk and compliance Market: Enterprise Estimates & Trend Analysis
- 7.1 Global Enterprise Governance, risk and compliance Market: Enterprise Movement & Market Share Analysis, 2022 & 2030
- 7.2 SMEs
- 7.2.1 Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.3 Large Enterprises
- 7.3.1 Market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 8 Global Enterprise Governance, risk and compliance Market: Vertical Estimates & Trend Analysis
- 8.1 Global Enterprise Governance, risk and compliance Market: Software Movement & Market Share Analysis, 2022 & 2030
- 8.2 BFSI
- 8.2.1 Market estimates and forecasts, 2018 - 2030 (USD Million)
- 8.3 Construction & Engineering
- 8.3.1 Market estimates and forecasts, 2018 - 2030 (USD Million)
- 8.4 Energy & Utilities
- 8.4.1 Market estimates and forecasts, 2018 - 2030 (USD Million)
- 8.5 Government
- 8.5.1 Market estimates and forecasts, 2018 - 2030 (USD Million)
- 8.6 Healthcare
- 8.6.1 Market estimates and forecasts, 2018 - 2030 (USD Million)
- 8.7 Manufacturing
- 8.7.1 Market estimates and forecasts, 2018 - 2030 (USD Million)
- 8.8 Retail & Consumer Goods
- 8.8.1 Market estimates and forecasts, by region, 2018 - 2030 (USD Million)
- 8.9 Telecom & IT
- 8.9.1 Market estimates and forecasts, 2018 - 2030 (USD Million)
- 8.10 Transportation & Logistics
- 8.10.1 Market estimates and forecasts, 2018 - 2030 (USD Million)
- 8.11 Others
- 8.11.1 Market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 9 Global Enterprise Governance, risk and compliance Market: Regional Estimates & Trend Analysis
- 9.1 Global enterprise governance, risk and compliance Market: Regional Movement & Market Share Analysis, 2022 & 2030
- 9.2 North America
- 9.2.1 North America enterprise governance, risk and compliance market estimates and forecast, by Country, 2018 - 2030 (USD Million)
- 9.2.2 North America enterprise governance, risk and compliance market estimates and forecast, by ComponeNt, 2018 - 2030 (USD Million)
- 9.2.3 North America enterprise governance, risk and compliance market estimates and forecast, by software, 2018 - 2030 (USD Million)
- 9.2.4 North America enterprise governance, risk and compliance market estimates and forecast, by services, 2018 - 2030 (USD Million)
- 9.2.5 North America enterprise governance, risk and compliance market, by enterprises, 2018 - 2030 (USD Million)
- 9.2.6 North America enterprise governance, risk and compliance market, by vertical, 2018 - 2030 (USD Million)
- 9.2.7 U.S.
- 9.2.7.1 U.S. enterprise governance, risk and compliance market estimates and forecast, by component, 2018 - 2030 (USD Million)
- 9.2.7.2 U.S. enterprise governance, risk and compliance market estimates and forecast, by software, 2018 - 2030 (USD Million)
- 9.2.7.3 U.S. enterprise governance, risk and compliance market estimates and forecast, by services, 2018 - 2030 (USD Million)
- 9.2.7.4 U.S. Enterprise governance, risk and compliance market, by enterprises, 2018 - 2030 (USD Million)
- 9.2.7.5 U.S. Enterprise governance, risk and compliance market, by vertical, 2018 - 2030 (USD Million)
- 9.2.8 Canada
- 9.2.8.1 Canada enterprise governance, risk and compliance market estimates and forecast, by component, 2018 - 2030 (USD Million)
- 9.2.8.2 Canada enterprise governance, risk and compliance market estimates and forecast, by software, 2018 - 2030 (USD Million)
- 9.2.8.3 Canada enterprise governance, risk and compliance market estimates and forecast, by services, 2018 - 2030 (USD Million)
- 9.2.8.4 Canada Enterprise governance, risk and compliance market, by enterprises, 2018 - 2030 (USD Million)
- 9.2.8.5 Canada Enterprise governance, risk and compliance market, by vertical, 2018 - 2030 (USD Million)
- 9.3 Europe
- 9.3.1 Europe enterprise governance, risk and compliance market estimates and forecast, by Country, 2018 - 2030 (USD Million)
- 9.3.2 Europe enterprise governance, risk and compliance market estimates and forecast, by Component, 2018 - 2030 (USD Million)
- 9.3.3 Europe enterprise governance, risk and compliance market estimates and forecast, by software, 2018 - 2030 (USD Million)
- 9.3.4 Europe enterprise governance, risk and compliance market estimates and forecast, by services, 2018 - 2030 (USD Million)
- 9.3.5 Europe Enterprise governance, risk and compliance market, by enterprises, 2018 - 2030 (USD Million)
- 9.3.6 Europe Enterprise governance, risk and compliance market, by vertical, 2018 - 2030 (USD Million)
- 9.3.7 U.K.
- 9.3.7.1 U.K. enterprise governance, risk and compliance market estimates and forecast, by component, 2018 - 2030 (USD Million)
- 9.3.7.2 U.K. enterprise governance, risk and compliance market estimates and forecast, by software, 2018 - 2030 (USD Million)
- 9.3.7.3 U.K. enterprise governance, risk and compliance market estimates and forecast, by services, 2018 - 2030 (USD Million)
- 9.3.7.4 U.K. Enterprise governance, risk and compliance market, by Enterprises, 2018 - 2030 (USD Million)
- 9.3.7.5 U.K. Enterprise governance, risk and compliance market, by vertical, 2018 - 2030 (USD Million)
- 9.3.8 Germany
- 9.3.8.1 Germany enterprise governance, risk and compliance market estimates and forecast, by component, 2018 - 2030 (USD Million)
- 9.3.8.2 Germany enterprise governance, risk and compliance market estimates and forecast, by software, 2018 - 2030 (USD Million)
- 9.3.8.3 Germany enterprise governance, risk and compliance market estimates and forecast, by services, 2018 - 2030 (USD Million)
- 9.3.8.4 Germany Enterprise governance, risk and compliance market, by enterprises, 2018 - 2030 (USD Million)
- 9.3.8.5 Germany Enterprise governance, risk and compliance market, by vertical, 2018 - 2030 (USD Million)
- 9.4 Asia Pacific
- 9.4.1 Asia Pacific enterprise governance, risk and compliance market estimates and forecast, by Country, 2018 - 2030 (USD Million)
- 9.4.2 Asia Pacific enterprise governance, risk and compliance market estimates and forecast, by component, 2018 - 2030 (USD Million)
- 9.4.3 Asia Pacific enterprise governance, risk and compliance market estimates and forecast, by software, 2018 - 2030 (USD Million)
- 9.4.4 Asia Pacific enterprise governance, risk and compliance market estimates and forecast, by services, 2018 - 2030 (USD Million)
- 9.4.5 Asia Pacific Enterprise governance, risk and compliance market, by enterprises, 2018 - 2030 (USD Million)
- 9.4.6 Asia Pacific Enterprise governance, risk and compliance market, by vertical, 2018 - 2030 (USD Million)
- 9.4.7 China
- 9.4.7.1 China enterprise governance, risk and compliance market estimates and forecast, by component, 2018 - 2030 (USD Million)
- 9.4.7.2 China enterprise governance, risk and compliance market estimates and forecast, by software, 2018 - 2030 (USD Million)
- 9.4.7.3 China enterprise governance, risk and compliance market estimates and forecast, by services, 2018 - 2030 (USD Million)
- 9.4.7.4 China Enterprise governance, risk and compliance market, by enterprises, 2018 - 2030 (USD Million)
- 9.4.7.5 China Enterprise governance, risk and compliance market, by vertical, 2018 - 2030 (USD Million)
- 9.4.8 India
- 9.4.8.1 India enterprise governance, risk and compliance market estimates and forecast, by component, 2018 - 2030 (USD Million)
- 9.4.8.2 India enterprise governance, risk and compliance market estimates and forecast, by software, 2018 - 2030 (USD Million)
- 9.4.8.3 India enterprise governance, risk and compliance market estimates and forecast, by services, 2018 - 2030 (USD Million)
- 9.4.9 India Enterprise governance, risk and compliance market, by enterprises, 2018 - 2030 (USD Million)
- 9.4.9.1 India Enterprise governance, risk and compliance market, by vertical, 2018 - 2030 (USD Million)
- 9.4.10 Japan
- 9.4.10.1 Japan enterprise governance, risk and compliance market estimates and forecast, by component, 2018 - 2030 (USD Million)
- 9.4.10.2 Japan enterprise governance, risk and compliance market estimates and forecast, by software, 2018 - 2030 (USD Million)
- 9.4.10.3 Japan enterprise governance, risk and compliance market estimates and forecast, by services, 2018 - 2030 (USD Million)
- 9.4.10.4 Japan Enterprise governance, risk and compliance market, by Enterprises, 2018 - 2030 (USD Million)
- 9.4.10.5 Japan Enterprise governance, risk and compliance market, by vertical, 2018 - 2030 (USD Million)
- 9.5 Latin America
- 9.5.1 Latin America enterprise governance, risk and compliance market estimates and forecast, by Country, 2018 - 2030 (USD Million)
- 9.5.2 Latin America enterprise governance, risk and compliance market estimates and forecast, by ComponeNt, 2018 - 2030 (USD Million)
- 9.5.3 Latin America enterprise governance, risk and compliance market estimates and forecast, by software, 2018 - 2030 (USD Million)
- 9.5.4 Latin America enterprise governance, risk and compliance market estimates and forecast, by services, 2018 - 2030 (USD Million)
- 9.5.5 Latin America Enterprise governance, risk and compliance market, by Enterprises, 2018 - 2030 (USD Million)
- 9.5.6 Latin America Enterprise governance, risk and compliance market, by vertical, 2018 - 2030 (USD Million)
- 9.5.7 Brazil
- 9.5.7.1 Brazil enterprise governance, risk and compliance market estimates and forecast, by component, 2018 - 2030 (USD Million)
- 9.5.7.2 Brazil enterprise governance, risk and compliance market estimates and forecast, by software, 2018 - 2030 (USD Million)
- 9.5.7.3 Brazil enterprise governance, risk and compliance market estimates and forecast, by services, 2018 - 2030 (USD Million)
- 9.5.7.4 Brazil Enterprise governance, risk and compliance market, by Enterprises, 2018 - 2030 (USD Million)
- 9.5.7.5 Brazil Enterprise governance, risk and compliance market, by vertical, 2018 - 2030 (USD Million)
- 9.5.8 Mexico
- 9.5.8.1 Mexico enterprise governance, risk and compliance market estimates and forecast, by component, 2018 - 2030 (USD Million)
- 9.5.8.2 Mexico enterprise governance, risk and compliance market estimates and forecast, by software, 2018 - 2030 (USD Million)
- 9.5.8.3 Mexico enterprise governance, risk and compliance market estimates and forecast, by services, 2018 - 2030 (USD Million)
- 9.5.8.4 Mexico Enterprise governance, risk and compliance market, by Enterprises, 2018 - 2030 (USD Million)
- 9.5.8.5 Mexico Enterprise governance, risk and compliance market, by vertical, 2018 - 2030 (USD Million)
- 9.6 Middle East & Africa
- 9.6.1 Middle East & Africa enterprise governance, risk and compliance market estimates and forecast, by ComponeNt, 2018 - 2030 (USD Million)
- 9.6.2 Middle East & Africa enterprise governance, risk and compliance market estimates and forecast, by software, 2018 - 2030 (USD Million)
- 9.6.3 Middle East & Africa enterprise governance, risk and compliance market estimates and forecast, by services, 2018 - 2030 (USD Million)
- 9.6.4 Middle East & Africa Enterprise governance, risk and compliance market, by Enterprises, 2018 - 2030 (USD Million)
- 9.6.5 Middle East & Africa Enterprise governance, risk and compliance market, by vertical, 2018 - 2030 (USD Million)
Chapter 10 Competitive Landscape
- 10.1 Company Profiles
- 10.2 SAI Global Pty Limited
- 10.2.1 Company Overview
- 10.2.2 Financial performance
- 10.2.3 Product Benchmarking
- 10.2.4 Recent Developments
- 10.3 RSA Security LLC
- 10.3.1 Company Overview
- 10.3.2 Financial Performance
- 10.3.3 Product Benchmarking
- 10.3.4 Recent Developments
- 10.4 FIS
- 10.4.1 Company Overview
- 10.4.2 Financial Performance
- 10.4.3 Product Benchmarking
- 10.4.4 Recent Developments
- 10.5 IBM
- 10.5.1 Company Overview
- 10.5.2 Financial Performance
- 10.5.3 Product Benchmarking
- 10.5.4 Recent Developments
- 10.6 Maclearglobal.com
- 10.6.1 Company Overview
- 10.6.2 Financial Performance
- 10.6.3 Product Benchmarking
- 10.6.4 Recent Developments
- 10.7 MetricStream
- 10.7.1 Company Overview
- 10.7.2 Financial Performance
- 10.7.3 Product Benchmarking
- 10.7.4 Recent Developments
- 10.8 Microsoft
- 10.8.1 Company Overview
- 10.8.2 Financial Performance
- 10.8.3 Product Benchmarking
- 10.8.4 Recent Developments
- 10.9 Oracle
- 10.9.1 Company Overview
- 10.9.2 Financial Performance
- 10.9.3 Product Benchmarking
- 10.9.4 Recent Developments
- 10.10 SAP SE
- 10.10.1 Company Overview
- 10.10.2 Financial Performance
- 10.10.3 Product Benchmarking
- 10.10.4 Recent Developments
- 10.11 SAS Institute Inc.
- 10.11.1 Company Overview
- 10.11.2 Financial Performance
- 10.11.3 Product Benchmarking
- 10.11.4 Recent Developments
- 10.12 Software AG
- 10.12.1 Company Overview
- 10.12.2 Financial Performance
- 10.12.3 Product Benchmarking
- 10.12.4 Recent Developments
- 10.13 Thomson Reuters
- 10.13.1 Company Overview
- 10.13.2 Financial Performance
- 10.13.3 Product Benchmarking
- 10.13.4 Recent Developments
- 10.14 Wolters Kluwer N.V
- 10.14.1 Company Overview
- 10.14.2 Financial Performance
- 10.14.3 Product Benchmarking
- 10.14.4 Recent Developments
- 10.15 NAVEX Global, Inc.
- 10.15.1 Company Overview
- 10.15.2 Financial Performance
- 10.15.3 Product Benchmarking
- 10.15.4 Recent Developments