Governance, Compliance And Risk Management Software Market Report: Size, Share, Trends, Industry Analysis And Forecast By 2031

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The global governance, compliance, and risk management software market report by the business research company the rising use of cloud-based networking to be a major growth driver for the governance, compliance, and risk management software market. Cloud networking consists of on-premises cloud and public cloud which manages the network capabilities in organizations. Cloud networking is used by risk managers, accounts officers, and auditors to simplify their activities in an organization. For instance, Cisco Global Cloud Index (2016-2021), 94% of all workload runs on cloud networking and virtualized environment. Furthermore, according to the Flexera 2020 State of the Cloud Study, 20% of large organizations spend more than $12 million on public clouds each year, up by 7% in 2019. Therefore, the rise in the use of cloud-based networking drives the growth of the governance, compliance, and risk management software market.

The global governance, compliance, and risk management software market is expected to grow from $33.74 billion in 2021 to $38.44 billion in 2022 at a compound annual growth rate (CAGR) of 13.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, affecting many markets across the globe. The governance, compliance, and risk management software market is expected to reach $63.59 billion in 2026 at a CAGR of 13.4%.

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Asia Pacific was the largest region in the governance, compliance and risk management software market in 2021. The regions covered in the governance, compliance and risk management software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Major players in the governance, compliance, and risk management software market are IBM, Dell Technologies, SAP SE, Oracle Corporation, Software AG, LogicManager, Riskonnect Inc., Galvanize Inc., SAI Global, MetricStream, Sword GRC, Check Point Software Technologies, MEGA International, Resolver Inc., Lockpath, ProcessGene, ReadiNow, LogicGate, Microsoft Corporation, RSA Security LLC, and BWise BV

The global governance, compliance, and risk management software market is segmented -
1) By Component: Solutions, Services
2) By Organization Size: Small And Medium-sized Enterprises (SMEs), Large Enterprises
3) By Vertical: Healthcare And Life Sciences, Education, Corporate, Others
4) By Application: Clinical Trials, Learning, Research, Others

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The Governance, compliance, and risk management software market Report Contents Include
1. Executive Summary
2. Governance, Compliance And Risk Management Software Market Characteristics
3. Governance, Compliance And Risk Management Software Market Trends And Strategies
4. Governance, Compliance And Risk Management Software Market - Macro Economic Scenario
5. Governance, Compliance And Risk Management Software Market Size And Growth
.......
26. Africa Governance, Compliance And Risk Management Software Market
27. Governance, Compliance And Risk Management Software Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Governance, Compliance And Risk Management Software Market
29. Governance, Compliance And Risk Management Software Market Future Outlook and Potential Analysis
30. Appendix

This report covers the trends and market dynamics of the governance, compliance, and risk management software market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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