openPR Logo
Press release

Global Enterprise Governance, Risk, and Compliance Market Attractiveness Analysis, by Application Type

09-28-2017 08:35 AM CET | IT, New Media & Software

Press release from: Persistance Market Research

Global Enterprise Governance, Risk, and Compliance Market

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.

According to the report, titled “Enterprise Governance, Risk & Compliance Market: Global Industry Analysis and Forecast, 2016-2024,” the global market for enterprise governance, risk & compliance solutions is presently valued at US$ 14.8 Bn, and is anticipated to register a 7.1% value CAGR during the eight-year forecast period.

Request Sample: https://www.persistencemarketresearch.com/samples/4754

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.

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.

Download TOC: https://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.

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.

305 Broadway,7th Floor
New York City, NY 10007
United States
+1-646-568-7751
+1 800-961-0353 (USA-Canada Toll free)
Email: sales@persistencemarketresearch.com
Website: https://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 Global Enterprise Governance, Risk, and Compliance Market Attractiveness Analysis, by Application Type here

News-ID: 744837 • Views:

More Releases from Persistance Market Research

Evolving Trends in the Insulin Pens Market: A Comprehensive Report
Evolving Trends in the Insulin Pens Market: A Comprehensive Report
Market Overview: The Insulin Pens Market has witnessed remarkable growth and innovation over the years. Insulin pens are medical devices used by individuals with diabetes to administer insulin easily and accurately. These devices have become an integral part of diabetes management, offering numerous advantages over traditional insulin delivery methods, such as syringes and vials. In 2022, the global market for insulin pens brought in US$ 16.2 billion in revenue and is predicted
Smart Machines Market to register growth at a CAGR of 20.1% throughout 2023-2033
The market for smart machines was valued at US$ 73,456.2 Mn in 2022, and it is expected to grow to US$ 5,44,986.6 Mn by the end of 2033. In 2023, the market for smart machines is expected to be worth US$ 87,045.6 Mn. From 2023 to 2033, the market for Smart Machines is expected to grow at a CAGR of 20.1%. The market for artificially intelligent machines and systems that can
Unified Cloud Communication and Collaboration Market will register a 11.1% CAGR by 2032
Unified Cloud Communication and Collaboration Market will register a 11.1% CAGR …
The global cloud collaboration market was valued at US$ 48 billion in 2022, and it is expected to grow at an 11.1% CAGR, likely reaching US$ 137.3 billion by the end of the forecast period, which runs from 2022 to 2032. The expansion of organizations' cross-border projects, increased productivity, and the rise of the bring your own device (BYOD) trend are some of the major factors expected to drive the
Optical Transceivers Market is Set to Grow At A CAGR Of 14.6 % By 2032
Optical Transceivers Market is Set to Grow At A CAGR Of 14.6 % By 2032
Persistence Market Research's new report "Optical Transceivers Market" examines the competitive landscape and the market's growth prospects in the coming years. The report of the Optical Transceivers market for the analysis period of 2023 - 2033 includes an in-depth study of some new and prominent industry trends, engagement analysis, and detailed regional analysis. Need More Insights on Competitor Analysis of the Smart Home Cloud Platform Market, Request for Sample https://www.persistencemarketresearch.com/samples/4798 Through

All 5 Releases


More Releases for EGRC

eGRC Market 2022 | Growing Awareness About Benefits Of Technology
According to Precision Business Insights (PBI), the latest report, the EGRC market is expected to be valued at USD 33.675.2 million in 2022 and is poised to grow at a significant CAGR of 13.2% over 2022-2028.The primary driver of the expansion of the global EGRC market by an increase in the risk of a data breach in establishments and the implementation of strict government regulations towards data security, compliance, and
eGRC Market predicted to reach $60.7 billion by 2026
According to a new market research report "eGRC Market with COVID-19 by Offering (Software and Services), Software (Usage and Type), Type (Policy Management, Compliance Management, Audit Management, and Risk Management), Business Function, End User, and Region - Global Forecast to 2026" published by MarketsandMarkets™, the eGRC market size projected to grow from USD 36.1 billion in 2021 to USD 60.7 billion by 2026, at a Compound Annual Growth Rate
eGRC Market predicted to obtain $60.8 billion by 2025
According to a new market research report "eGRC Market with COVID-19 by Offering (Software and Services), Software (Usage and Type), Type (Policy Management, Compliance Management, Audit Management, and Risk Management), Business Function, End User, and Region - Global Forecast to 2026" published by MarketsandMarkets™, the eGRC market size projected to grow from USD 1.3 billion in 2021 to USD 2.2 billion by 2026, at a Compound Annual Growth Rate (CAGR)
eGRC Market worth $60.8 billion by 2025
According to a new market research report "eGRC Market by Component (Software and Services), Software (Usage and Type), Type (Policy Management, Compliance Management, Audit Management, Incident Management, and Risk Management), Business Function, Vertical, and Region - Global Forecast to 2025", published by MarketsandMarkets™, the market size projected to grow from USD 32.6 billion in 2020 to USD 61.2 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 13.4%.
eGRC Market will reach to $60.8 billion by 2025
The pre-COVID 19 global "eGRC Market by Component (Software and Services), Software (Usage and Type), Type (Policy Management, Compliance Management, Audit Management, Incident Management, and Risk Management), Business Function, Vertical, and Region - Global Forecast to 2025", published by MarketsandMarkets™, the market size projected to grow from USD 32.6 billion in 2020 to USD 61.2 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 13.4%. In contrast, the
eGRC Market is expected to grow $60.8 billion by 2025
According to a research report "eGRC Market by Component (Software and Services), Software (Usage and Type), Type (Policy Management, Compliance Management, Audit Management, Incident Management, and Risk Management), Business Function, Vertical, and Region - Global Forecast to 2025" size is projected to grow from USD 32.6 billion in 2020 to USD 61.2 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 13.4%. In contrast, the post-COVID 19 global