Global Governance, Risk Management, and Compliance (GRC) Market Size are estimated to expand rapidly in coming years, at a CAGR of 11.25 % from 2018 to 2025. In 2017, the global market valuation was USD 33.06 billion, and it is anticipated to be greater than USD xx.xx billion by 2025. Governance, risk management and compliance (GRC) is a concept which covers organization’s lookout towards concepts such as governance, risk management, and compliance. Organizations reach a size where coordinated control over GRC activities is required to operate effectively. Each of these three disciplines creates the information of value to the other two, and all three impacts the same technologies, people, processes and information. Geographically, North America is expected to be the highest growing segment in the global market of GRC.

Global Market Growth Opportunities (Revenue, Growth) By 2017-2025

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global GRC market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global GRC market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.

Segment Analysis

By Component Insights: On the basis of component, global GRC market has been segmented into software and services. Among which software segment is expected to be the highest growing segment in the global market of GRC. GRC software segment helps organizations to analyze the market growth with compliance to risk related data and help them handle critical situations such as data and security breaches.

By Type Insights: On the basis of type, global GRC market has been segmented into policy management, compliance management, audit management, incident management, and risk management. Among which risk management segment is expected to be the highest growing segment in the global market of GRC. A fully integrated risk management GRC uses a single set of controls, which are mapped to all of the primary governance factors being monitored. The use of a single framework also has the benefit of reducing the possibility of duplicated remedial actions.

Regional Analysis

The global GRC market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. In terms of region North America is expected to witness high growth in upcoming time span due to high demand in private sector and increasing number of key vendors in the regional market. Technical advancements and domain-specific approach are the reasons behind market uplifting. Asia Pacific region is expected to witness high growth in the market in upcoming time period. Presence of key vendors in the market place, information security and operations/production as the target audience are the key points which will dominate the global market in the emerging countries such as China, Japan, and North Korea. Europe is anticipated to dominate the global GRC market over the projected period majorly owing to high stringent applications provided by vendors and their capability to solve domain specific problems in great depth.

Global GRC Market Size, Share Analysis by Region 2017

Global GRC Market Study Objective

1. To forecast the market size of GRC market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.

2. Market analysis and forecast of GRC market on the basis of region, substrate, and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.

3. To analyze and elaborate significant factors that will have a major impact on the growth of GRC market, such as drivers, restraints, challenges, and opportunities.

4. The regional analysis of GRC market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa, and the Asia Pacific.

5. Strategic analysis of micro markets, in terms of individual prospects, opportunities, growth trends and their involvement in the overall market.

6. To provide detailed analysis of competitive and strategic developments in the GRC market like a new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions

Key Players Landscape

Microsoft, Oracle, SAP, SAS Institute, Thomson Reuters, Wolters Kluwer,  Dell EMC, FIS, MetricStream, Software AG, SAI Global, ProcessGene, LogicManager, NAVEX Global, Ideagen, Alyne, and  MEGA International are some of the key players in the market of GRC. These vendors have expanded to include the internal corporate internal audit (CIA) and external audit teams, to further expand their presence in the global GRC market.

Global GRC Market Study Report Offer You!

The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.