Enterprise Governance, Risk and Compliance Market Size, Share & Forecasts, 2014 - 2025

Enterprise governance, risk and compliance (eGRC) industry may be explored by industry verticals as Transportation and logistics, BFSI, Government, Construction and engineering, Healthcare, Energy and utilities, Manufacturing, Retail and consumer goods, Mining and natural resources, Telecom and IT, Others (Media and entertainment, academia, tourism and hospitality, and oil and gas). The “BFSI” dominated the eGRC industry in 2016 and anticipated to maintain its dominance by 2025.

North America accounted for the major share of the enterprise governance, risk and compliance (eGRC) market size in 2016 and will continue to lead in the forecast period due to factors such as increasing cyber-attacks across the region in the past few years. It has eventually enhanced the requirement for enterprise governance, compliance and risk management solutions. Furthermore, improved technologies such as Internet of Things, cloud software, and big data, has driven the development of eGRC solutions.

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Some of the key players that fuel the growth of the enterprise governance, risk and compliance (eGRC) industry include SAS Institute, Inc., Modulo Security, LLC, EMC Corporation, Oracle Corporation, IBM Corporation, Microsoft Corporation,SAP SE, Maclear SA, Deloitte LLP, BWise BV, Fidelity National Information Services, Inc. (FIS), Software AG, Protiviti Inc, and Thomson Reuters Corporation. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

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