Market Study on Enterprise Governance, Risk and Compliance (EGRC): Other Industries Application Segment Projected to Register Low CAGR of 3.3% Between 2016 and 2024

Persistence Market Research presents a comprehensive analysis of the global enterprise governance, risk and compliance (EGRC) market in a new publication titled ‘Enterprise Governance, Risk and Compliance (EGRC) Market: Global Industry Analysis and Forecast, 2016-2024’. In this report, Persistence Market Research has focused on offering detailed insights and in-depth research on the global enterprise governance, risk and compliance (EGRC) market over a 10 year forecast period 2016 – 2026. The report covers the important factors driving the expansion of the global enterprise governance, risk and compliance (EGRC) market, untapped opportunities for market players in this field, trends and developments shaping the dynamics of the global enterprise governance, risk and compliance (EGRC) market and other insights across various key segments. In addition, the report highlights the key drivers and restraints affecting the development of the global enterprise governance, risk and compliance (EGRC) market. Changing trends are also analyzed and incorporated in the report to equip the reader with exhaustive information about the market resulting in better decision making. Macroeconomic factors that directly and indirectly affect the performance of the global enterprise governance, risk and compliance (EGRC) market are also incorporated in the report.

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Enterprise, Governance, Risk and Compliance (EGRC) is a multifaceted and innovative approach where the concerns related to corporate governance, risk management and compliance issues are seen as integrated, aligned and closely related strategic activities with a direct impact on business objectives. The main factor that is responsible for the emergence of EGRC as a business imperative in the organization is a growing demand for corporate governance, regulatory requirements and compliance. Also, a holistic approach to risk management is required with a more complex risk environment. Enterprise, Governance, Risk and Compliance (EGRC) consists of different types of software such as audit management, risk management, business continuity, compliance & policy management, information security and data management, and regulatory change management. Moreover, it also includes enterprise risk assessment, financial and IT GRC, financial control management etc.

The global enterprise governance, risk and compliance (EGRC) market is estimated to reach a market valuation of nearly US$ 16 Bn in 2017 and is expected to be valued at nearly US$ 30 Bn by 2026, projecting a CAGR of 7.1% over the forecast period.

Report Link: https://www.persistencemarketresearch.com/market-research/enterprise-governance-risk-compliance-market.asp

The Aerospace and Defense application segment is expected to register a CAGR of 5.3% over the forecast period and account for 4.2% value share and be valued at nearly US$ 1.5 Bn by 2026 end. The Automotive segment is forecast to register a CAGR of 6.6% over the projected period and account for 4.3% value share and be valued at nearly US$ 1.5 Bn by 2026 end. The Consumer Goods and Retail segment is estimated to account for a value share of 4.2% and is expected to be valued at nearly US$ 1.6 Bn by 2026 end. The Healthcare and Life Sciences segment is anticipated to register a CAGR of 7.8% over the forecast period and account for 65.9% value share of the global EGRC market, reaching a market valuation of nearly US$ 20 Bn by 2026 end. The ITES and Telecom segment is estimated to account for a value share of 13.5% of the global EGRC market and is expected to be valued at nearly US$ 4 Bn by 2026 end.

In the final section of the report, the global enterprise governance, risk and compliance (EGRC) market competitive landscape is included to provide report audiences with a dashboard view of the market players, based on categories of providers across the value chain, their presence in the enterprise governance, risk and compliance (EGRC) portfolio and key differentiators. Moreover, the company share analysis of the top 10 companies in the global enterprise governance, risk and compliance (EGRC) market is included in the report.

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