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Enterprise Governance, Risk And Compliance (EGRC) Market Market Forecast 2032: Comprehensive Analysis, Growth Prospects, and Insights || IBM Corporation, LogicManager Inc., MetricStream Inc., Microsoft Corporation, Oracle Corporation

Enterprise Governance, Risk And Compliance (EGRC) Market

Enterprise Governance, Risk And Compliance (EGRC) Market

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Enterprise Governance, Risk And Compliance (EGRC) Market Size, Growth Rate, And Forecast

The global enterprise governance, risk and compliance (egrc) market size grew from $33.29 billion in 2022 to $38.26 billion in 2023 at a compound annual growth rate (CAGR) of 14.9%. 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, causing inflation across goods and services and affecting many markets across the globe. The enterprise governance, risk and compliance (egrc) market size is expected to grow to $66.87 billion in 2027 at a CAGR of 15.0%.

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Enterprise Governance, Risk And Compliance (EGRC) Market Drivers

Increasing cyber-attack incidents are expected to propel the growth of the enterprise governance, risk, and compliance (eGRC) market going forward. A cyber-attack refers to any attempt to gain unauthorized access to a computer, computing system, or computer network with the intent to cause damage. Organizations globally are adopting eGRC solutions to leverage numerous features such as risk and compliance management, business resiliency applications, and financial audit management. For instance, according to a report published by SonicWall, a US-based cybersecurity company, there has been a 105% surge in ransomware cyberattacks in 2021. Governments saw an 1885% increase in cyberattacks, while the healthcare industry faced a 755% increase in cyberattacks in 2021. Therefore, the increasing cyber-attack incidents are driving the growth of the enterprise governance, risk, and compliance (eGRC) market.

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Enterprise Governance, Risk And Compliance (EGRC) Market Segments

• By Component: Software, Services

• By Organization Size: Large Enterprise, Small And Medium Enterprise

• By Deployment Model: Cloud-Based, On-Premise

• By Vertical: Banking, Financial Services And Insurance (BFSI), Healthcare, Government, Energy And Utilities, Manufacturing, Retail And Consumer Goods, Telecom And Information Technology (IT), Other Verticals

• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the enterprise governance, risk and compliance (EGRC) market.

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Enterprise Governance, Risk And Compliance (EGRC) Market Key Players
Major competitors in the enterprise governance, risk and compliance (eGRC) market are IBM Corporation, LogicManager Inc., MetricStream Inc., Microsoft Corporation, SAP SE, SAS Institute Inc., Oracle Corporation.

The Business Research Company's "Global Enterprise Governance, Risk And Compliance (EGRC) Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.

The Table Of Content For The Enterprise Governance, Risk And Compliance (EGRC) Market Include:
1. Executive Summary
2. Enterprise Governance, Risk And Compliance (EGRC) Market Characteristics
3. Enterprise Governance, Risk And Compliance (EGRC) Market Trends And Strategies
4. Enterprise Governance, Risk And Compliance (EGRC) Market - Macro Economic Scenario
5. Enterprise Governance, Risk And Compliance (EGRC) Market Size And Growth
………………
27. Enterprise Governance, Risk And Compliance (EGRC) Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Enterprise Governance, Risk And Compliance (EGRC) Market
29. Enterprise Governance, Risk And Compliance (EGRC) Market Future Outlook and Potential Analysis
30. Appendix

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