GRC Platforms Software Market Report Includes Dynamics, Products, and Application 2017 - 2032

GRC Platforms Software Market size was valued at USD 3,19,114.10 Million in 2020 and is projected to reach USD 9,04,246.63 Million by 2028, growing at a CAGR of 14.02% from 2021 to 2028.

An organisation can accomplish business goals, deal with uncertainty, and react in an ethical manner thanks to a governance, risk, and compliance (GRC) platform. It helps with identifying, evaluating, and managing potential risks that have an impact on an organization's operations and objectives. By routine internal audits, it also improves compliance, monitors performance and control, and helps raise profitability. In addition, it enhances decision-making, boosts appropriate investments, and lessens fragmentation among numerous departments and divisions. As a result, businesses all over the world are implementing GRC platforms to reduce complexity for managers and successfully control costs. Without interfering with normal business operations, it is also utilised for enterprise risk management (ERM) and compliance with industry and governmental laws.

Market Overview
The global GRC market is expanding as a result of the shifting landscape of governmental policies in a number of end-use industries, including utilities, public services, BFSI, manufacturing, retail, and other sectors. For instance, 19% of respondents to a MetricStream poll in North America and Europe said it took them up to a year to implement regulatory changes. The firms are abandoning established procedures in favour of a more streamlined approach to compliance management in order to better handle the shifting regulatory landscape.

Over the past few years, there have been a number of noteworthy breaches, hacks, and leaks that have nearly destroyed enterprises. Organizations are more exposed to a variety of risks as a result of their increased reliance on a global network of third parties. By reviewing each process to ensure security and compliance, the GRC programme regularly addresses the pertinent regulations and risks. As a result, the market is expanding as more organisations choose the governance, risk, and compliance (GRC) solution.

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Global GRC Platforms Software Market: Segmentations
Global GRC Platforms Software Market: Major Players
ACL GRC
IRM Security
LogicManager
LogicGate
Aravo
Cammsrisk
SAP GRC
Sevron Safety Solutions
Impero
Fastpath
SAI Global
Thomson Reuters
ProcessGene
ZenGRC
Software AG
Continuity Partner
ReadiNow

Global GRC Platforms Software Market: By Types
Cloud Based
Web Based

Global GRC Platforms Software Market: By Applications
Large Enterprises
SMEs

Global GRC Platforms Software Market: Regional Analysis
The countries covered in the regional analysis of the Global GRC Platforms Software market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

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