Press release
eGRC Market 2020 Global and Regional Growth Outlook Led by MetricStream, Microsoft Corporation, Oracle Corporation, RSA Security, SAP SE, SAS Institute
The Insight Partners
eGRC stands for Enterprise governance, risk, and compliance. eGRC is a planned discipline that focuses on organizations to identify and protect against relevant risks and enhance their operations. eGRC helps businesses in rationalizing control, cost reduction, and identify operational inefficiencies. In other terms, eGRC assimilates data, controls, and policies and develops the results in a strategically visible manner. Moreover, the rise in the adoption of eGRC software in financial institutions and the surge in penetration of the internet of things technology fuel the growth of the eGRC market.
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Report Spotlights
o Progressive industry trends in the global eGRC market to help players develop effective long-term strategies
o Business growth strategies adopted by developed and developing markets
o Quantitative analysis of the eGRC market from 2017 to 2027
o Estimation of eGRC demand across various industries
o PEST analysis to illustrate the efficacy of buyers and suppliers operating in the industry to predict market growth
o Recent developments to understand the competitive market scenario and eGRC demand
o Market trends and outlook coupled with factors driving and restraining the growth of the eGRC market
o Decision-making process by understanding strategies that underpin commercial interest with regard to eGRC market growth
o eGRC market size at various nodes of market
o Detailed overview and segmentation of the global eGRC market, as well as its dynamics in the industry
o eGRC market size in various regions with promising growth opportunities
The surge in need for this software by various banks for managing money laundering, foreign exchange risk, terrorist financing, and interest rate risk are some of the significant factors driving the growth of the eGRC market. However, security issues associated with it, complexity in installation & configuration and high cost of eGRC software are some of the major factors which may hamper the growth of the eGRC market. The manufacturing sector is anticipated to grow at the highest rate during the forecast period due to the upsurge in demand for eGRC software due to rise in supply chain risk, fraud & bribery, intellectual property risk, and reputational risk in manufacturing industries
The global eGRC market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading eGRC market players and offers key trends and opportunities in the eGRC market.
The global eGRC market is segmented on the basis of components, deployment, enterprise size, business function, verticals. On the basis of components, the market is segmented as software, services. On the basis of deployment, the market is segmented as cloud, on-premises. On the basis of enterprise size, the market is segmented as small and medium-sized businesses (SMBs), enterprises. On the basis of business function, the market is segmented as finance, information technology, legal, operations. On the basis of verticals, the market is segmented as BFSI, IT and telecom, retail, healthcare, energy and utilities, manufacturing, government and defense, others
Emerging Players in eGRC Market are -
- IBM Corporation
- Lockpath Inc.
- LogicManager, Inc.
- MetricStream Inc.
- Microsoft Corporation
- Oracle Corporation
- RSA Security LLC
- SAP SE
- SAS Institute Inc.
- Thomson Reuters
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Contact us -
Phone : +1-646-491-9876
Email Id : sales@theinsightpartners.com
Website: https://www.theinsightpartners.com
About Us - The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services.
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