Press release
Enterprise Governance, Risk & Compliance Market Forecasted to Reach US$ 29.3 Bn by 2024
Proliferation of digitization and data-sharing trends threatening the cyber security of an enterprise
Increasing regulatory complexity in Life Science industry
Need for ergonomic risk management systems and transparent compliance models among large enterprises
Rapid adoption of cloud-based quality management systems
Deployment of data analytics solutions with compliance management programs
Browse Complete Report @ http://www.persistencemarketresearch.com/market-research/enterprise-governance-risk-compliance-market.asp
Continued viability of an enterprise is ensured by the effective policies & procedures governing it, and by a sense of amenability drawn in through employees and other assets. Thereupon, enterprises need to adopt efficient Governance, Risk and Compliance solutions that offer integration and automation capabilities to synchronically align their businesses. Diminished operating budgets, downsizing, and lack of training are additional challenges faced by enterprises, compelling them to adopt such solutions. The global demand for enterprise governance, risk & compliance solutions is also advancing by initiatives undertaken by management personnel in an enterprise towards leveraging their operational efficiency. According to the latest study offered by Persistence Market Research, the global market for enterprise governance, risk & compliance (EGRC) is expected to bring in over US$ 29.3 Bn revenues by the end of 2024.
The report reveals that in 2016, more than US$ 6 Bn worth of EGRC revenues emanated from the US and Canada. In the years to come, companies based in North America will be actively adopting enterprise governance, risk & compliance solutions to boost their operational efficiency. With over 40% stake in the global market value, North America’s EGRC market is anticipated to be valued at US$ 13.1 Bn by the end of 2024. Besides, Western Europe and the Asia-Pacific excluding Japan region will also show impressive contribution to the global enterprise governance, risk & compliance market. These two regions, collectively, are projected to procure over 30% of global EGRC market through the end of the forecast period.
A sample of this report is available upon request @ http://www.persistencemarketresearch.com/samples/4754
The report has profiled companies prominent for delivering EGRC solutions across a vast range of industrial end-users. These include IBM Corporation, Oracle Corporation, SAP SE, Thomson Reuters Corporation, Wolters Kluwer NV, Dell Inc., Metric Stream, Inc., Deloitte Touche Tohmatsu Limited, SAI Global Limited and Fidelity National Information Services, Inc.
Request to view table of content @ http://www.persistencemarketresearch.com/market-research/enterprise-governance-risk-compliance-market/toc
The report further reveals that a majority of EGRC solution implemented by companies will be deployed through cloud-based framework. As demand for on-premise EGRC solutions dips, more than 70% of market revenues will be arising from cloud-based deployment. Among which, demand for audit management and risk management software will gain traction, bringing in over US$ 11 Bn by 2024-end. The market will keep witnessing higher contribution from large enterprises, while medium and small enterprises will continue to consolidate their presence in global EGRC revenues. Furthermore, the report also projects that nearly two-third of global EGRC market value will be accounted by sales of enterprise governance, risk & compliance solutions in healthcare & life science enterprises.
About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Enterprise Governance, Risk & Compliance Market Forecasted to Reach US$ 29.3 Bn by 2024 here
News-ID: 613601 • Views: …
More Releases from Persistence Market Research
Fan-Out Wafer Level Packaging Market to Reach US$5.93 Bn by 2032: Growth Driven …
The global fan-out wafer level packaging (FOWLP) market is witnessing rapid expansion as the semiconductor industry continues to push the limits of performance, miniaturization, and energy efficiency. Fan-out wafer level packaging, a next-generation semiconductor packaging technology, offers significant advantages over traditional packaging techniques by enabling higher input/output (I/O) density, reduced package thickness, and enhanced electrical performance. As consumer electronics, automotive electronics, and advanced computing devices demand faster and more compact…
Hydrogen Tube Trailer Market to Reach US$ 651.9 Mn by 2032: Growth Driven by Ris …
The global hydrogen tube trailer market is experiencing remarkable growth, fueled by the expanding hydrogen economy and increasing demand for efficient and safe hydrogen transportation solutions. As hydrogen continues to emerge as a critical component in the global energy transition toward low-carbon and renewable fuels, the need for advanced logistics infrastructure-including high-capacity tube trailers-has become increasingly essential.
According to the latest study by Persistence Market Research, the global hydrogen tube trailer…
Paraffin Wax Market to Reach US$9.73 Billion by 2032, Driven by Growing Demand i …
The global paraffin wax market is experiencing a robust expansion, fueled by its versatile applications across a wide range of industries such as packaging, candle manufacturing, cosmetics, and pharmaceuticals. Paraffin wax, a petroleum-derived material known for its translucency, water resistance, and smooth texture, continues to be an indispensable ingredient in both industrial and consumer products.
According to the latest study by Persistence Market Research, the global paraffin wax market size is…
Coil Coatings Market to Reach US$5.3 Billion by 2032: Growth Driven by Expanding …
The global coil coatings market is witnessing sustained growth, driven by rising demand from the construction, automotive, and appliance manufacturing industries. Coil coatings-also known as pre-painted metal coatings-are applied to metal sheets and strips before fabrication, offering enhanced durability, corrosion resistance, and aesthetic appeal. These coatings not only improve product lifespan but also reduce environmental impact by minimizing waste and VOC (volatile organic compound) emissions compared to traditional post-painting methods.
According…
More Releases for EGRC
eGRC Market Detailed In New Research Report 2025
Global eGRC Market size was valued at USD 12.90 billion in 2021 and is poised to grow from USD 14.55 billion in 2023 to USD 38.14 billion by 2030, at a CAGR of 12.8% during the forecast period (2024-2030).
The Research report on eGRC Market presents a complete judgment of the market through strategic insights on future trends, growth factors, supplier landscape, demand landscape, Y-o-Y growth rate, CAGR, pricing analysis.…
"eGRC Market to Reach USD 74.52 Billion by 2026| At 12.4% CAGR | eGRC Solutions …
According to the report, the global eGRC industry was estimated at $29.37 billion in 2018 and is anticipated to hit $74.52 billion by 2026, registering a CAGR of 12.4% from 2019 to 2026.
Increase in data and security breaches in enterprises, rise in stringent government regulatory compliances, development of IoT landscape, and surge in adoption of risk & compliance management among financial institutions fuel the growth of the global…
eGRC Market Size, Share, Industry, Forecast to 2030
The eGRC Market 2023 Report makes available the current and forthcoming technical and financial details of the industry. It is one of the most comprehensive and important additions to the Prudent Markets archive of market research studies. It offers detailed research and analysis of key aspects of the global eGRC market. This report explores all the key factors affecting the growth of the global eGRC market, including demand-supply scenario, pricing…
eGRC Market Growth Forecast Report 2023-2030
Pre and Post-Covid Report Is Covered | Final Report Will Add the Analysis of the Impact of Russia-Ukraine War and COVID-19 on This Industry.
Global "eGRC Market" Research Report 2023 is spread across 107 pages and provides Size, Share, Growth, and Forecast with exclusive vital statistics, data, information, trends, and competitive landscape details in this niche sector.
Get a sample PDF of the report -https://www.marketreportsworld.com/enquiry/request-sample/23498965
eGRC Market research report offers New Insight updates…
eGRC Market Share, Size, Opportunity, Trends and Forecast 2027
the global eGRC market size is expected to grow from an estimated value of USD 14.9 billion in 2022 to USD 27.1 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 12.6% from 2022 to 2027. Various factors contribute to the growth of the eGRC market. These include the increasing need to meet stringent compliance mandates, the growing need for a holistic view of data, and the increased…
Enterprise Governance, Risk and Compliance (EGRC) Market
The global enterprise governance, risk & compliance market size is expected to reach USD 25,220 Million by 2029 according to a new study conducted by Persistence Market Research (PMR). The report also says that the Enterprise Governance, Risk and Compliance (EGRC) Market will have a CAGR of 7.8% from 2022 to 2029.
The market for enterprise governance, risk, and compliance manages, monitors, and defines external and internal business environments efficiently. The…
