Global eGRC Markets Report 2021-2026 Featuring IBM, LogicManager, MetricStream, Microsoft, SAP SE, SAS Institute, Oracle, RSA Security, and Thomson Reuters – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Global eGRC Market (2021-2026) by Component, Deployment, Organization Size, Function, Industry Vertical, Geography, Competitive Analysis and the Impact of COVID-19 with Ansoff Analysis” report has been added to ResearchAndMarkets.com’s offering.
The Global eGRC Market is estimated to be USD 36.4 Bn in 2021 and is expected to reach USD 65.6 Bn by 2026, growing at a CAGR of 12.5%.
Key factors such as rising incidences of data breaches in the organization have led to an increased need for data safety. Moreover, the rising business complexities due to complex transactions have resulted in a need to implement a compliance management system.
These factors have led to the growth of the eGRC (enterprise governance, risk, and compliance) market. The stringent government regulation towards data security and compliance has also been driving the market growth.
However, the eGRC suites’ costs, along with the third party risks, are likely to hinder the market growth. Additionally, different countries’ dynamic regulatory policy, with no standard regulatory policies, is also expected to deter market growth.
Some of the companies covered in this report are IBM Corporation, LogicManager Inc., MetricStream Inc., Microsoft Corporation, SAP SE, SAS Institute Inc., Oracle Corporation, RSA Security LLC, and Thomson Reuters.
Market Dynamics
Drivers
- Increase in Risk of Data Breach In Organizations
- Implementation of Stringent Government Regulations towards Data Security
- Increasing Business Complexities
Restraints
- Varying Structure of Regulatory Policies
- Cyber Security and Third-Party Risks
- High Implementation Cost
Opportunities
- Increasing Adoption of Big Data and IoT in GRC Solutions
- Growing Cyber Security Issues in Automotive Industry
- Adoption of Cloud-Based GRC Solutions
Challenges
- Complexity in Installation & Configuration
- Limited Resources and Awareness within Organizations
Key Topics Covered:
1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Shareholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.3 Market Size Estimation
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
4 Market Overview
4.1 Introduction
4.2 Market Dynamics
4.3 Trends
5 Market Analysis
5.1 Porter’s Five Forces Analysis
5.2 Impact of COVID-19
5.3 Ansoff Matrix Analysis
6 Global eGRC Market, By Component
6.1 Introduction
6.2 Software
6.2.1 Usage
6.2.1.1 Internal
6.2.1.2 External
6.2.2 Type
6.2.2.1 Policy Management
6.2.2.2 Compliance Management
6.2.2.3 Audit Management
6.2.2.4 Incident Management
6.2.2.5 Risk Management
6.2.2.6 Others
6.3 Services
6.3.1 Training and Consulting
6.3.2 Integration
6.3.3 Support
7 Global eGRC Market, By Deployment
7.1 Introduction
7.2 Cloud-based
7.3 On-premise
8 Global eGRC Market, By Organization Size
8.1 Introduction
8.2 Small and Medium-sized Enterprises
8.3 Large enterprises
9 Global eGRC Market, By Function
9.1 Introduction
9.2 Finance
9.3 IT
9.4 Legal
9.5 Operations
10 Global eGRC Market, By Industry Vertical
10.1 Introduction
10.2 BFSI
10.3 Construction and Engineering
10.4 Energy and Utility
10.5 Government
10.6 Healthcare
10.7 Manufacturing
10.8 Mining and Natural Resources
10.9 Retail and Consumer Goods
10.10 Telecom and IT
10.11 Transportation and Logistics
10.12 Others
11 Global eGRC Market, By Geography
11.1 Introduction
12 Competitive Landscape
12.1 Competitive Quadrant
12.2 Market Share Analysis
12.3 Competitive Scenario
13 Company Profiles
- Dell EMC
- FIS
- HCL Technologies Limited
- IBM Corporation
- Oracle Corporation
- SAP SE
- SAS Institute Inc.
- Software AG
- Thomson Reuters
- Wolters Kluwer
- RSA Security LLC.
- MetricStream Inc.
- PwC
- SAI Global Pty Limited
- Mitratech
- Microsoft
- ProcessGene
- LogicManager
- NAVEX Global
- Ideagen
- Alyne
- MEGA International
For more information about this report visit https://www.researchandmarkets.com/r/t2ohmi
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