GRC Market - Governance, Risk and Compliance Platform Industry Trends, Size, Share, Growth and Forecast 2022-2027

According to the new market research report by IMARC Group " Governance, Risk and Compliance Platform Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" The global governance, risk and compliance (GRC) platform market size reached US$ 35.2 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 68.7 Billion by 2027, exhibiting at a CAGR of 11.7% during 2022-2027.

Governance, risk and compliance platform refers to the structures and strategies that are used to handle the interdependencies between corporate governance policies, enterprise risk management programs, and regulatory and company compliance. They involve audit management, risk management, policy management, compliance management, etc.

Governance, risk and compliance platform solutions aid in identifying, assessing, and managing risks that can potentially interfere with an organization's objectives and operations. They aid in improving the decision-making process, enhancing optimal investments, and minimizing fragmentation among various departments and divisions Governance, risk and compliance platform services even provide coordination between people, processes, and technologies to reduce the complexity for supervisors and facilitate efficient cost management. Consequently, they find extensive applications across numerous sectors, such as baking, construction, energy, government, healthcare, manufacturing, retail and consumer goods, telecommunication, transportation, logistics, etc.

COVID-19 scenario-

We are constantly tracing and assessing the impact of the COVID-19 pandemic on the industry. These influences have been covered in our report as significant market contributors.

Download a free sample report to get a detailed overview of the report: https://www.imarcgroup.com/governance-risk-compliance-platform-market/requestsample

Governance, Risk and Compliance Platform Industry Trends and Drivers/ Market Trends/ Drivers, restraints, and opportunities-

The increasing need for optimized operational activities in a workspace, streamlining business processes, and centralizing several programs to efficiently achieve the overall targets is primarily driving the governance, risk and compliance platform market. In addition to this, the rising volume of digital data that requires effective monitoring and analysis to safeguard sensitive information is also positively influencing the global market.

Moreover, the elevating intervention of government bodies in corporate functions to ensure transparent and fair-trade practices and the escalating requirement to adhere to new and updated regulatory policies without interfering with day-to-day business operations are further catalyzing the market growth. Apart from this, the emerging trend of remote working policies, which creates higher challenges related to data confidentiality and data breaching, is expected to stimulate the governance, risk and compliance platform market in the coming years.

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Key Market Segmentation/ Report Segmentation/ Key Highlights of the Report/ Key Features of the Report:

On the basis of Deployment Model, the market includes:

On-Premises
Cloud

On the basis of Solution, the market includes:

Audit Management
Risk Management
Policy Management
Compliance Management
Others

On the basis of Component, the market includes:

Software
Services

On the basis of Service, the market includes:

Integration
Consulting
Support

On the basis of End User, the market includes:

Small Enterprise
Medium Enterprise
Large Enterprise

On the basis of Industry Vertical, the market includes:

BFSI
Construction and Engineering
Energy and Utilities
Government
Healthcare
Manufacturing
Retail and Consumer Goods
Telecom and IT
Transportation and Logistics
Others

Regional Insights:

On the basis of region, the industry is divided into/ On the basis of region, the market is divided into/ On the basis of regional analysis, the market includes/ Regional Insights/ Regional Analysis/ Regions Covered

• North America
o United States
o Canada
• Asia-Pacific
o China
o Japan
o India
o South Korea
o Australia
o Indonesia
o Others
• Europe
o Germany
o France
o United Kingdom
o Italy
o Spain
o Russia
o Others
• Latin America
o Brazil
o Mexico
o Others
• Middle East and Africa

Key Market Players/ Competitive Landscape/ Key Players in the Industry/ Major Key Players / Top Market Players in the Industry/ Key leading players operating in Gaming Chair market industry/ Major players operating in global Governance, Risk and Compliance Platform market are: SAS Institute Inc., IBM Corp, SAP SE, EMC Corporation, Microsoft Corporation, Fidelity National Information Services Inc., Oracle Corporation, Thomson Reuters Corporation, Newport Consulting Group, LLC, and BWise BV.

𝐑𝐞𝐥𝐚𝐭𝐞𝐝 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐛𝐲 𝐈𝐌𝐀𝐑𝐂 𝐆𝐫𝐨𝐮𝐩:

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