The Global eGRC Market Size, By Component(Solution, Service), By Deployment Mode( On-premise, Cloud-Based), By Organization Size( Large Enterprises, Small & Medium Enterprises), By Business Function ( Finance, Information Technology, Legal, Operations), By Type ( Policy Management, Compliance Management, Audit Management, Incident Management, Risk Management), By Vertical ( BFSI, IT & Telecom, Retail, Healthcare, Energy & Utilities, Manufacturing, Government & Defense, Others), and By Region, Market Share & Forecast, Global Forecast to 2022 – 2027.
Global eGRC Market
The Global eGRC Market size is estimated to be USD 14.9 billion in 2022 and is projected to reach USD 27.1 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 12.6% during the forecast period, 2022 – 2027.
The Global eGRC market delivers a comprehensive evaluation of the market. It does give a comprehensive analysis via research study which observes historical data & emerging technology to determine the industry’s growth drivers.
The growth of the EGRC Market is attributed to some factors such as Integration of AI/ML, increase in stringent compliance mandates, and blockchain technologies in GRC solutions, and growth in data and security breaches. However, some structures of regulatory policies prove to be a restraint to the growth of this market.
In this report study, the key trend prospects & important drivers for the EGRC market’s growth are explored and analysed in depth. The market dynamics included in the report includes drivers, restraints, opportunities, and challenges, which may have a positive or negative impact on market overall growth.
Global eGRC Market Report Objective
This report helps the user understand the market in terms of definition, segmentation, market potential, key trends, and industry challenges. Industry analysis were undertaken across the report’s framework, which will help readers obtain a comprehensive scenario of the market. The market statistics & data were acquired from reliable sources such as websites, annual reports of companies, journals, and other publications, then double-checked and validated by industry experts.
This report also covers PORTER’S five forces to help determine several factors like the threat of substitutes, competitive analysis, power of buyer, supplier as well as the threat of new entry. The report has classified the Global EGRC Market based on, Component, Deployment Mode, Organization Size, Business Function, Type, Vertical, and Region.
Key Players:
The Global EGRC Market is dominated by major players such as IBM, Microsoft, SAP, SAS Institute, ServiceNow, Thomson Reuters, Wolters Kluwer, FIS, Software AG, MetricStream, Mphasis, Sai Global, LexisNexis, Diligent Corporation, OneTrust, Navex Global, RSA Security, Mega International, Ideagen, LogicManager, Riskonnect, Allgress Inc, CammsGroup, LogicGate, Reciprocity, SureCloud, ProcessGene, Lexcomply, StandardFusion, Comensure, DynamicGRC, and VComply.
Market Taxonomy
By Component
Solution
Service
By Deployment Mode
On-premise
Cloud-Based
By Organization Size
Large Enterprises
Small & Medium Enterprises
By Business Function
Finance
Information Technology
Legal
Operations
By Type
Policy Management
Compliance Management
Audit Management
Incident Management
Risk Management
By Vertical
BFSI
IT & Telecom
Retail
Healthcare
Energy & Utilities
Manufacturing
Government & Defense
Others
By Region
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
- 1 Introduction
- 1.1 Objective of the Study
- 1.2 Market definition
- 1.3 Market Scope
- 2 Research Methodology
- 2.1 Data Mining
- 2.2 Validation
- 2.3 Primary Interviews
- 2.4 List of Data Sources
- 3 Executive Summary
- 4 Global EGRC Market Outlook
- 4.1 Overview
- 4.2 Market Dynamics
- 4.2.1 Drivers
- 4.2.2 Restraints
- 4.2.3 Opportunities
- 4.3 Porters Five Force Model
- 4.4 Value Chain Analysis
- 5 Global EGRC Market, By Component
- 5.1 Y-o-Y Growth Comparison, By Component
- 5.2 Global EGRC Market Share Analysis, By Component
- 5.3 Global EGRC Market Size and Forecast, By Component
- 5.3.1 Solution
- 5.3.2 Service
- 6 Global EGRC Market, By Deployment Mode
- 6.1 Y-o-Y Growth Comparison, By Deployment Mode
- 6.2 Global EGRC Market Share Analysis, By Deployment Mode
- 6.3 Global EGRC Market Size and Forecast, By Deployment Mode
- 6.3.1 On-premise
- 6.3.2 Cloud-Based
- Market, By Organization Size
- 7.1 Y-o-Y Growth Comparison, By Organization Size
- 7.2 Global EGRC Market Share Analysis, By Organization Size
- 7.3 Global EGRC Market Size and Forecast, By Organization Size
- 7.3.1 Large Enterprises
- 7.3.2 Small & Medium Enterprises
- 8 Global EGRC Market, By Business Function
- 8.1 Y-o-Y Growth Comparison, By Business Function
- 8.2 Global EGRC Market Share Analysis, By Business Function
- 8.3 Global EGRC Market Size and Forecast, By Business Function
- 8.3.1 Finance
- 8.3.2 Information Technology
- 8.3.3 Legal
- 8.3.4 Operations
- 9 Global EGRC Market, By Type
- 9.1 Y-o-Y Growth Comparison, By Type
- 9.2 Global EGRC Market Share Analysis, By Type
- 9.3 Global EGRC Market Size and Forecast, By Type
- 9.3.1 Policy Management
- 9.3.2 Compliance Management
- 9.3.3 Audit Management
- 9.3.4 Incident Management
- 9.3.5 Risk Management
- 10 Global EGRC Market, By Vertical
- 10.1 Y-o-Y Growth Comparison, By Vertical
- 10.2 Global EGRC Market Share Analysis, By Vertical
- 10.3 Global EGRC Market Size and Forecast, By Vertical
- 10.3.1 BFSI
- 10.3.2 IT & Telecom
- 10.3.3 Retail
- 10.3.4 Healthcare
- 10.3.5 Energy & Utilities
- 10.3.6 Manufacturing
- 10.3.7 Government & Defense
- 10.3.8 Others
- 11 Global EGRC Market, By Region
- 11.1 Global EGRC Market Share Analysis, By Region
- 11.2 Global EGRC Market Share Analysis, By Region
- 11.3 Global EGRC Market Size and Forecast, By Region
- 12 North America EGRC Market Analysis and Forecast (2022-2027)
- 12.1 Introduction
- 12.2 North America EGRC Market Share Analysis, By Component
- 12.3 North America EGRC Market Size and Forecast, By Deployment Mode
- 12.4 North America EGRC Market Size and Forecast, By Organization Size
- 12.5 North America EGRC Market Size and Forecast, By Business Function
- 12.6 North America EGRC Market Size and Forecast, By Type
- 12.7 North America EGRC Market Size and Forecast, By Vertical
- 12.8 North America EGRC Market Size and Forecast, By Country
- 12.8.1 U.S.
- 12.8.2 Canada
- 12.8.3 Mexico
- 13 Europe EGRC Market Analysis and Forecast (2022-2027)
- 13.1 Introduction
- 13.2 Europe EGRC Market Share Analysis, By Component
- 13.3 Europe EGRC Market Size and Forecast, By Deployment Mode
- 13.4 Europe EGRC Market Size and Forecast, By Organization Size
- 13.5 Europe EGRC Market Size and Forecast, By Business Function
- 13.6 Europe EGRC Market Size and Forecast, By Type
- 13.7 Europe EGRC Market Size and Forecast, By Vertical
- 13.8 Europe EGRC Market Size and Forecast, By Country
- 13.8.1 Germany
- 13.8.2 France
- 13.8.3 UK
- 13.8.4 Rest of Europe
- 14 Asia Pacific EGRC Market Analysis and Forecast (2022-2027)
- 14.1 Introduction
- 14.2 Asia Pacific EGRC Market Share Analysis, By Component
- 14.3 Asia Pacific EGRC Market Size and Forecast, By Deployment Mode
- 14.4 Asia Pacific EGRC Market Size and Forecast, By Organization Size
- 14.5 Asia Pacific EGRC Market Size and Forecast, By Business Function
- 14.6 Asia Pacific EGRC Market Size and Forecast, By Type
- 14.7 Asia Pacific EGRC Market Size and Forecast, By Vertical
- 14.8 Asia Pacific EGRC Market Size and Forecast, By Country
- 14.8.1 China
- 14.8.2 Japan
- 14.8.3 India
- 14.8.4 Rest of Asia Pacific
- 15 Latin America EGRC Market Analysis and Forecast (2022-2027)
- 15.1 Introduction
- 15.2 Latin America EGRC Market Share Analysis, By Component
- 15.3 Latin America EGRC Market Size and Forecast, By Deployment Mode
- 15.4 Latin America EGRC Market Size and Forecast, By Organization Size
- 15.5 Latin America EGRC Market Size and Forecast, By Business Function
- 15.6 Latin America EGRC Market Size and Forecast, By Type
- 15.7 Latin America EGRC Market Size and Forecast, By Vertical
- 15.8 Latin America EGRC Market Size and Forecast, Country
- 15.8.1 Brazil
- 15.8.2 Rest of Latin America
- 16 Middle East EGRC Market Analysis and Forecast (2022-2027)
- 16.1 Introduction
- 16.2 Middle East EGRC Market Share Analysis, By Component
- 16.3 Middle East EGRC Market Size and Forecast, By Deployment Mode
- 16.4 Middle East EGRC Market Size and Forecast, By Organization Size
- 16.5 Middle East EGRC Market Size and Forecast, By Business Function
- 16.6 Middle East EGRC Market Size and Forecast, By Type
- 16.7 Middle East EGRC Market Size and Forecast, By Vertical
- 16.8 Middle East EGRC Market Size and Forecast, By Country
- 16.8.1 Saudi Arabia
- 16.8.2 UAE
- 16.8.3 Egypt
- 16.8.4 Kuwait
- 16.8.5 South Africa
- 17 Competitive Analysis
- 17.1 Competition Dashboard
- 17.2 Market share Analysis of Top Vendors
- 17.3 Key Development Strategies
- 18 Company Profiles
- 18.1 Thomson Reuters
- 18.1.1 Overview
- 18.1.2 Offerings
- 18.1.3 Key Financials
- 18.1.4 Business Segment & Geographic Overview
- 18.1.5 Key Market Developments
- 18.1.6 Key Strategies
- 18.2 IBM
- 18.2.1 Overview
- 18.2.2 Offerings
- 18.2.3 Key Financials
- 18.2.4 Business Segment & Geographic Overview
- 18.2.5 Key Market Developments
- 18.2.6 Key Strategies
- 18.3 Microsoft
- 18.3.1 Overview
- 18.3.2 Offerings
- 18.3.3 Key Financials
- 18.3.4 Business Segment & Geographic Overview
- 18.3.5 Key Market Developments
- 18.3.6 Key Strategies
- 18.4 SAP
- 18.4.1 Overview
- 18.4.2 Offerings
- 18.4.3 Key Financials
- 18.4.4 Business Segment & Geographic Overview
- 18.4.5 Key Market Developments
- 18.4.6 Key Strategies
- 18.5 SAS Institute
- 18.5.1 Overview
- 18.5.2 Offerings
- 18.5.3 Key Financials
- 18.5.4 Business Segment & Geographic Overview
- 18.5.5 Key Market Developments
- 18.5.6 Key Strategies
- 18.6 ServiceNow
- 18.6.1 Overview
- 18.6.2 Offerings
- 18.6.3 Key Financials
- 18.6.4 Business Segment & Geographic Overview
- 18.6.5 Key Market Developments
- 18.6.6 Key Strategies
- 18.7 Wolters Kluwer
- 18.7.1 Overview
- 18.7.2 Offerings
- 18.7.3 Key Financials
- 18.7.4 Business Segment & Geographic Overview
- 18.7.5 Key Market Developments
- 18.7.6 Key Strategies
- 18.8 Software AG
- 18.8.1 Overview
- 18.8.2 Offerings
- 18.8.3 Key Financials
- 18.8.4 Business Segment & Geographic Overview
- 18.8.5 Key Market Developments
- 18.8.6 Key Strategies
- 18.9 MetricStream
- 18.9.1 Overview
- 18.9.2 Offerings
- 18.9.3 Key Financials
- 18.9.4 Business Segment & Geographic Overview
- 18.9.5 Key Market Developments
- 18.9.6 Key Strategies
- 18.10 Diligent Corporation
- 18.10.1 Overview
- 18.10.2 Offerings
- 18.10.3 Key Financials
- 18.10.4 Business Segment & Geographic Overview
- 18.10.5 Key Market Developments
- 18.10.6 Key Strategies
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