Reports

As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

Global Governance, Risk, and Compliance Platform Market: By Deployment Model: On-Premises, Cloud; By Solution; By Component; By Service; By End Use; By Industry Vertical; Regional Analysis; Historical Market and Forecast (2015-2025); Market Dynamics; Price Analysis; Competitive Landscape; Industry Events and Developments

Global Governance, Risk, and Compliance Platform Market Outlook

The global governance, risk, and compliance platform market reached a value of about USD 27.8 billion in 2019. The market is further expected to grow at a CAGR of around 11.2% to reach a value of nearly USD 52.6 billion by 2025.

North America is the leading region, accounting for the majority of the global market share. The United States will account for large revenue shares in the area where the adoption of integrated data systems by financial institutions to streamline internal as well as external data sources would lead to the expansion of the sector.

 

Properties and Applications

Governance, risk, and compliance or GRC refer to a structured approach used by the company to handle problems related to corporate governance, enterprise risk management (ERM) as well as to comply fully with regulatory requirements. This helps to enhance the decision-making process, increase optimum expenditure, and reduce overlap between different divisions or departments. It also allows users to implement standards, recognise organisational inefficiencies, reduce the workload of administrators, minimise various implementation costs, and automate most of the paperwork.

The deployment model of the market can be divided into on-premises and cloud.

On the basis of solution, the industry can be divided into:

  • Audit Management  
  • Risk Management 
  • Policy Management 
  • Compliance Management 
  • Others 

Based on component, the industry can be bifurcated into software and services.

Based on service, the market can be divided into the following:

  • Integration 
  • Consulting 
  • Support 

The end uses can be categorised as follows:

  • Small Enterprise
  • Medium Enterprise 
  • Large Enterprise 

Based on industry vertical, the industry is divided into the following:

  • BFSI 
  • Construction and Engineering 
  • Energy and Utilities 
  • Government 
  • Healthcare 
  • Manufacturing 
  • Retail and Consumer Goods 
  • Telecom and IT 
  • Transportation and Logistics 
  • Others 

The regional markets for governance, risk, and compliance platform include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Market Analysis

A successful GRC platform helps to detect issues well before they arise, centralises the whole system in one place, and incorporates risk management across all controls and processes. There has been a rapid development in the GRC application market across the globe as a result of a substantial increase in the number of new organisations despite the prevailing corporate and government regulations. Furthermore, as these platforms enable businesses to meet their GRC objectives by automating the workflow, numerous organisations are implementing GRC platforms to improve their organisational activities and provide employees with a satisfactory experience. Therefore, companies are increasingly using GRC systems as a standard method to resolve enforcement and risk concerns rather than resolving them individually. All these drivers contribute to the growth of the market.

 

Competitive Landscape

The report gives a detailed analysis of the following key players in the global governance, risk, and compliance platform market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • SAS Institute Inc.  
  • IBM 
  • SAP America, Inc.
  • Microsoft
  • Dell Technologies, Inc. 
  • Oracle
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Governance, Risk, and Compliance Platform Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Governance, Risk, and Compliance Platform Historical Market (2015-2019) 
    8.3    Global Governance, Risk, and Compliance Platform Market Forecast (2020-2025)
    8.4    Global Governance, Risk, and Compliance Platform Market by Deployment Model
        8.4.1    On-Premises  
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2015-2019)
            8.4.1.3    Forecast Trend (2020-2025)
        8.4.2    Cloud 
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2015-2019)
            8.4.2.3    Forecast Trend (2020-2025)
    8.5    Global Governance, Risk, and Compliance Platform Market by Solution
        8.5.1    Audit Management    
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2015-2019)
            8.5.1.3    Forecast Trend (2020-2025)
        8.5.2    Risk Management 
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2015-2019)
            8.5.2.3    Forecast Trend (2020-2025)
        8.5.3    Policy Management 
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2015-2019)
            8.5.3.3    Forecast Trend (2020-2025)
        8.5.4    Compliance Management  
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2015-2019)
            8.5.4.3    Forecast Trend (2020-2025)
        8.5.5    Others
    8.6    Global Governance, Risk, and Compliance Platform Market by Component
        8.6.1    Software     
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2015-2019)
            8.6.1.3    Forecast Trend (2020-2025)
        8.6.2    Services 
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2015-2019)
            8.6.2.3    Forecast Trend (2020-2025)
    8.7    Global Governance, Risk, and Compliance Platform Market by Service
        8.7.1    Integration  
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2015-2019)
            8.7.1.3    Forecast Trend (2020-2025)
        8.7.2    Consulting 
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2015-2019)
            8.7.2.3    Forecast Trend (2020-2025)
        8.7.3    Support  
            8.7.3.1    Market Share
            8.7.3.2    Historical Trend (2015-2019)
            8.7.3.3    Forecast Trend (2020-2025)
    8.8    Global Governance, Risk, and Compliance Platform Market by End Use
        8.8.1    Small Enterprise  
            8.8.1.1    Market Share
            8.8.1.2    Historical Trend (2015-2019)
            8.8.1.3    Forecast Trend (2020-2025)
        8.8.2    Medium Enterprise 
            8.8.2.1    Market Share
            8.8.2.2    Historical Trend (2015-2019)
            8.8.2.3    Forecast Trend (2020-2025)
        8.8.3    Large Enterprise   
            8.8.3.1    Market Share
            8.8.3.2    Historical Trend (2015-2019)
            8.8.3.3    Forecast Trend (2020-2025)
    8.9    Global Governance, Risk, and Compliance Platform Market by Industry Vertical
        8.9.1    BFSI  
            8.9.1.1    Market Share
            8.9.1.2    Historical Trend (2015-2019)
            8.9.1.3    Forecast Trend (2020-2025)
        8.9.2    Construction and Engineering 
            8.9.2.1    Market Share
            8.9.2.2    Historical Trend (2015-2019)
            8.9.2.3    Forecast Trend (2020-2025)
        8.9.3    Energy and Utilities    
            8.9.3.1    Market Share
            8.9.3.2    Historical Trend (2015-2019)
            8.9.3.3    Forecast Trend (2020-2025)
        8.9.4    Government  
            8.9.4.1    Market Share
            8.9.4.2    Historical Trend (2015-2019)
            8.9.4.3    Forecast Trend (2020-2025)
        8.9.5    Healthcare 
            8.9.5.1    Market Share
            8.9.5.2    Historical Trend (2015-2019)
            8.9.5.3    Forecast Trend (2020-2025)
        8.9.6    Manufacturing 
            8.9.6.1    Market Share
            8.9.6.2    Historical Trend (2015-2019)
            8.9.6.3    Forecast Trend (2020-2025)
        8.9.7    Retail and Consumer Goods    
            8.9.7.1    Market Share
            8.9.7.2    Historical Trend (2015-2019)
            8.9.7.3    Forecast Trend (2020-2025)
        8.9.8    Telecom and IT  
            8.9.8.1    Market Share
            8.9.8.2    Historical Trend (2015-2019)
            8.9.8.3    Forecast Trend (2020-2025)
        8.9.9    Transportation and Logistics 
            8.9.9.1    Market Share
            8.9.9.2    Historical Trend (2015-2019)
            8.9.9.3    Forecast Trend (2020-2025)
        8.9.10    Others   
    8.10    Global Governance, Risk, and Compliance Platform Market by Region
        8.10.1    Market Share
            8.10.1.1    North America
            8.10.1.2    Europe
            8.10.1.3    Asia Pacific
            8.10.1.4    Latin America
            8.10.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2015-2019)
        9.1.2    Forecast Trend (2020-2025)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2015-2019)
        9.2.2    Forecast Trend (2020-2025)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2015-2019)
        9.3.2    Forecast Trend (2020-2025)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2015-2019)
        9.4.2    Forecast Trend (2020-2025)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2015-2019)
        9.5.2    Forecast Trend (2020-2025)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyers Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Price Analysis
13    Competitive Landscape

    13.1    Market Structure
    13.2    Key Players
    13.3    Company Profiles
        13.3.1    SAS Institute Inc.  
            13.3.1.1    Company Overview
            13.3.1.2    Product Portfolio
            13.3.1.3    Demographic Reach and Achievements
            13.3.1.4    Certifications
        13.3.2    IBM 
            13.3.2.1    Company Overview
            13.3.2.2    Product Portfolio
            13.3.2.3    Demographic Reach and Achievements
            13.3.2.4    Certifications
        13.3.3    SAP America, Inc.
            13.3.3.1    Company Overview
            13.3.3.2    Product Portfolio
            13.3.3.3    Demographic Reach and Achievements
            13.3.3.4    Certifications
        13.3.4    Microsoft
            13.3.4.1    Company Overview
            13.3.4.2    Product Portfolio
            13.3.4.3    Demographic Reach and Achievements
            13.3.4.4    Certifications
        13.3.5    Dell Technologies, Inc. 
            13.3.5.1    Company Overview
            13.3.5.2    Product Portfolio
            13.3.5.3    Demographic Reach and Achievements
            13.3.5.4    Certifications
        13.3.6    Oracle
            13.3.6.1    Company Overview
            13.3.6.2    Product Portfolio
            13.3.6.3    Demographic Reach and Achievements
            13.3.6.4    Certifications
        13.3.7    Others
14    Industry Events and Developments


List of Figures and Tables

1.    Global Governance, Risk, and Compliance Platform Market: Key Industry Highlights, 2015 and 2025
2.    Global Governance, Risk, and Compliance Platform Historical Market: Breakup by Deployment Model (USD Billion), 2015-2019
3.    Global Governance, Risk, and Compliance Platform Market Forecast: Breakup by Deployment Model USD Billion), 2020-2025
4.    Global Governance, Risk, and Compliance Platform Historical Market: Breakup by Solution (USD Billion), 2015-2019
5.    Global Governance, Risk, and Compliance Platform Market Forecast: Breakup by Solution (USD Billion), 2020-2025
6.    Global Governance, Risk, and Compliance Platform Historical Market: Breakup by Component (USD Billion), 2015-2019
7.    Global Governance, Risk, and Compliance Platform Market Forecast: Breakup by Component USD Billion), 2020-2025
8.    Global Governance, Risk, and Compliance Platform Historical Market: Breakup by Service (USD Billion), 2015-2019
9.    Global Governance, Risk, and Compliance Platform Market Forecast: Breakup by Service (USD Billion), 2020-2025
10.    Global Governance, Risk, and Compliance Platform Historical Market: Breakup by End Use (USD Billion), 2015-2019
11.    Global Governance, Risk, and Compliance Platform Market Forecast: Breakup by End Use (USD Billion), 2020-2025
12.    Global Governance, Risk, and Compliance Platform Historical Market: Breakup by Industry Vertical (USD Billion), 2015-2019
13.    Global Governance, Risk, and Compliance Platform Market Forecast: Breakup by Industry Vertical (USD Billion), 2020-2025
14.    Global Governance, Risk, and Compliance Platform Historical Market: Breakup by Region (USD Billion), 2015-2019
15.    Global Governance, Risk, and Compliance Platform Market Forecast: Breakup by Region (USD Billion), 2020-2025
16.    North America Governance, Risk, and Compliance Platform Historical Market: Breakup by Country (USD Billion), 2015-2019
17.    North America Governance, Risk, and Compliance Platform Market Forecast: Breakup by Country (USD Billion), 2020-2025
18.    Europe Governance, Risk, and Compliance Platform Historical Market: Breakup by Country (USD Billion), 2015-2019
19.    Europe Governance, Risk, and Compliance Platform Market Forecast: Breakup by Country (USD Billion), 2020-2025
20.    Asia Pacific Governance, Risk, and Compliance Platform Historical Market: Breakup by Country (USD Billion), 2015-2019
21.    Asia Pacific Governance, Risk, and Compliance Platform Market Forecast: Breakup by Country (USD Billion), 2020-2025
22.    Latin America Governance, Risk, and Compliance Platform Historical Market: Breakup by Country (USD Billion), 2015-2019
23.    Latin America Governance, Risk, and Compliance Platform Market Forecast: Breakup by Country (USD Billion), 2020-2025
24.    Middle East and Africa Governance, Risk, and Compliance Platform Historical Market: Breakup by Country (USD Billion), 2015-2019
25.    Middle East and Africa Governance, Risk, and Compliance Platform Market Forecast: Breakup by Country (USD Billion), 2020-2025
26.    Global Governance, Risk, and Compliance Platform Market Structure

Key Questions Answered in the Report

The global governance, risk, and compliance platform market reached a value of USD 27.8 billion in 2019. 

The market is projected to grow at a CAGR of nearly 11.2% in the forecast period of 2020-2025.

The market is estimated to reach a value of about USD 52.6 billion by 2025.

The major drivers of the industry include rising disposable incomes, increasing digitisation, and the rising use by the companies.

The rise in the number of new organisations despite the prevailing corporate and government regulations is expected to be a key trend guiding the growth of the industry.

North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa are the leading regions in the market, with North America accounting for the largest market share.

The major deployment models in the industry are on-premises and cloud.

The major solutions of the product can be divided into audit management, risk management, policy management, and compliance management, among others.

The major components of the product in the industry are software and services.

The leading services in the industry are integration, consulting, and support.

The significant end-use sectors in the industry are small, medium, and large enterprises.

The major industry verticals in the industry are BFSI, construction and engineering, energy and utilities, government, healthcare, manufacturing, retail and consumer goods, telecom and IT, and transportation and logistics, among others.

The leading players in the market are SAS Institute Inc., IBM, SAP America, Inc., Microsoft, Dell Technologies, Inc., and Oracle, among others.

Analyst Review

The global governance, risk, and compliance platform market attained a value of USD 27.8 billion in 2019, driven by the growth in the use by the companies. Aided by the growth in the number of new organizations despite the prevailing corporate and government regulations, the industry is expected to witness a further growth in the forecast period of 2020-2025, growing at a CAGR of 11.2%. The industry is projected to reach USD 52.6 billion by 2025. 

EMR’s meticulous research methodology delves deep into the industry, covering the macro and micro aspects of the industry. Based on its deployment models, the global market for governance, risk, and compliance platform can be segmented into on-premises and cloud. By solutions, the industry can be segmented into audit management, risk management, policy management, and compliance management, among others. On the basis of end-use, the industry can be divided into small enterprise, medium enterprise, and large enterprise. The major regional markets for governance, risk, and compliance platform are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with North America accounting for the largest share of the market. The key players in the above industry include SAS Institute Inc., IBM, SAP America, Inc., Microsoft, Dell Technologies, Inc., and Oracle, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.  

Purchase Full Report

Mini Report

$ 1099     $999
  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • Free Update in 180 Days

Single User License

$ 2999     $1999
  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • Free Update in 180 Days

Five User License

$ 3999     $2999
  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • Free Update in 180 Days

Corporate License

$ 4999     $3999
  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • Free Update in 180 Days

Any Question? Speak With An Analyst

Contact Analyst

View A Sample

Request Sample

Did You Miss Anything, Ask Now

Request Customisation
Why Expert Market Research?

RIGHT PEOPLE

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

RIGHT METHODOLOGY

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

RIGHT PRICE

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

RIGHT SUPPORT

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

Similar Reports

Global Motor Repair and Maintenance Market Report and Forecast 2020-2025


Global Mobile Payment Market Report and Forecast 2020-2025


India School Market Report and Forecast 2020-2025


Global Testing and Commissioning Market Report and Forecast 2020-2025


United States Online Food Delivery Market Report and Forecast 2020-2025


NEWSLETTER