Top 5 Prominent Companies in the Global Governance, Risk, and Compliance Platform Market Providing Software and Solutions

In the forecast period of 2024-2032, the market is further expected to grow at a CAGR of around 11.2%. As per the analysis by Expert Market Research, the global governance, risk, and compliance platform market is being driven by the rapid development in the GRC application market across the globe.

GRC platforms have the ability to detect issue before they arise, centralise the whole system in a single place, and enforce risk management across all processes and controls. The growth in organisations working on these platforms has increased in the past few years, leading to a significant rise in the market. Also, the platforms enable various companies and businesses to meet GRC objectives by automating their workflow, which is increasing their demand among organisations who plan on improving their organisational activities and providing employees with a smooth experience. North America is a major regional market for GRC platforms. The increase in demand of integrated data systems by financial institutions to streamline internal as well as external data sources is expected to tremendously increase the growth of the market.

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Top 5 Global Governance, Risk, and Compliance Companies:

SAS Institute Inc.

SAS Institute is a leader in the business analytics software and services and is also a major player in the business intelligence market. The company deals with the development and marketing of an analytics software which enables access, management, analysation, and report of data that aids in decision making. SAS helps customers at more than 70,000 sites improve performance and deliver value by making better decisions faster.

IBM Corporation

IBM is a leader in the cloud platform and cognitive solutions sector. It is the largest technology and consulting company in the world, with its clients in more than 170 countries. The company focuses on building industry-based solutions to real-world problems. The products and services produced by this company are used in numerous sectors such as aerospace, banking, education, and healthcare, among others.

SAP America, Inc.

SAP America deals with the development of enterprise software. Their products include business intelligence, customer relationship management, enterprise resource planning, and supply chain management software. The  products and services of the company are used in several industries such as aerospace and wholesale distribution.

Microsoft Corporation

Microsoft is a global leader in the software industry and is one of the biggest and most famous companies in the world. The company produces computer software, consumer electronics, personal computers, and related services. Their most famous software products include the Windows operating systems and Microsoft Office.

Dell Technologies, Inc.

Dell is a global leader in the technology sector and provides information technology hardware, software, and service solutions. Their products include personal computers, smartphones, servers, televisions, computer security computer software, network security, and information security services as well. This company has three segments, namely, Infrastructure Solutions Group (ISG), Client Solutions Group (CSG), and VMware.