Press release
E-governance Market 2019 Global Leaders: SAS Institute, MetricStream, EMC Corporation, Oracle, SAP SE, Microsoft, Wolters Kluwer N.V, Thomson and Reuters
Market Scenario
E-governance refers as an enterprise solution that are utilized to cover the organizational approach across various sectors that includes Governance, Risk Management and compliance. It is a combination of processes that are executed and established by the top management. These solutions are implemented in the form of compliance to adhere the company’s policies, procedures, and regulations. Moreover, the e-governance is a complex and innovative approach that deals with a concerns related to corporate governance, risk management and compliance issues.
The key driver responsible for the emergence of e-governance as a business imperative in the organization is a growing demand for corporate governance, regulatory requirements and compliance. Increasing use of data, the growing business collaborations, and the government regulations and compliance mandates is also fueling the global market of e-governance market.
The global E-Governance Market is expected to grow from USD 20.82 Billion in 2016 to USD 45.76 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 12.6%.
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Key Players:
The prominent players in the E-governance Market are –EMC Corporation (US), Oracle Corporation (US), SAP SE (Germany), Microsoft Corporation (US), Wolters Kluwer N.V (Netherlands), MetricStream Inc. (US), SAS Institute Inc. (US), IBM Corporation (US), Fidelity National Information Services Inc. (US), Thomson and Reuters Corporation (US), among others.
E-governance Market Segmentation
The E-governance Market has been segmented on the basis of component, solutions, deployment type, end users and region. It has been observed that IT/ Telecom and BFSI are holds the largest market share. While the IT and telecommunications has shown a tremendous growth in E-governance market. The e-governance solutions handles various fraud and threats and help to prevent the enterprise from various attacks. These attacks have a high potential of causing huge financial losses to the organizations.
Market Research Analysis:
On geographic basis, E-governance market is studied in different regions as North America, United Kingdom, Europe, Asia-Pacific and Rest of world. It has been observed that North America is leading in the commercial electronic use of E-governance due to early implementation in the majority of sectors. The study also signifies that the US and Canada are projected to extensively implement e-governance solutions; North America is expected to have the highest market share.
In addition, the study shows that Europe region is also showing a positive curve in growth of the E-governance market due to the increasing applications of E-governance devices in commercial sector. The developing economies in Asia-pacific regions like China, Japan, India and others are showing high adoption in the E-governance market.
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Intended Audience
• System Security
• E-governance solution and service providers
• Governance, Risk Management, Compliance (GRC) staff
• Information security directors/managers
• IT directors/consultants
• E-governance instrument
• Research organizations
• Technology investors
• IT governance directors/managers
• IT risk directors/managers
• IT compliance directors/managers
• IT audit directors/managers
• Raw material and manufacturing equipment suppliers
• Research/Consultancy firms
• Analysts and strategic business planners
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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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