Technavio has been monitoring the enterprise governance, risk, and compliance (eGRC) solutions market and it is poised to grow by USD 15.09 bn during 2020-2024, progressing at a CAGR of 12% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global Enterprise Governance, Risk, and Compliance (eGRC) Solutions Market 2020-2024 (Graphic: Business Wire)
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Frequently Asked Questions:
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What are the major trends in the market?
Increased need to comply with regulatory requirements is a major trend driving the growth of the market. -
At what rate is the market projected to grow?
The year-over-year growth for 2020 is estimated at 10.51% and the incremental growth of the market is anticipated to be $ 15.09 bn. -
Who are the top players in the market?
Dell Technologies Inc., International Business Machines Corp., Maclear LLC, MetricStream Inc., Microsoft Corp., Oracle Corp., SAP SE, SAS Institute Inc., Software AG, and Wolters Kluwer NV, are some of the major market participants. -
What is the key market driver?
The benefits of eGRC solutions is one of the major factors driving the market. -
How big is the North America market?
The North America region will contribute 45% of the market share.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Dell Technologies Inc., International Business Machines Corp., Maclear LLC, MetricStream Inc., Microsoft Corp., Oracle Corp., SAP SE, SAS Institute Inc., Software AG, and Wolters Kluwer NV. are some of the major market participants. The benefits of eGRC solutions will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Enterprise Governance, Risk, and Compliance (eGRC) Solutions Market 2020-2024: Segmentation
Enterprise Governance, Risk, and Compliance (eGRC) Solutions Market is segmented as below:
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End-user
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Geography
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North America
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Europe
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APAC
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South America
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MEA
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Enterprise Governance, Risk, and Compliance (eGRC) Solutions Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The enterprise governance, risk, and compliance (eGRC) solutions market report covers the following areas:
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Enterprise Governance, Risk, and Compliance (eGRC) Solutions Market Size
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Enterprise Governance, Risk, and Compliance (eGRC) Solutions Market Trends
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Enterprise Governance, Risk, and Compliance (eGRC) Solutions Market Industry Analysis
This study identifies the increased need to comply with regulatory requirements as one of the prime reasons driving the enterprise governance, risk, and compliance (eGRC) solutions market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Enterprise Governance, Risk, and Compliance (eGRC) Solutions Market 2020-2024: Key Highlights
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CAGR of the market during the forecast period 2020-2024
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Detailed information on factors that will assist enterprise governance, risk, and compliance (eGRC) solutions market growth during the next five years
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Estimation of the enterprise governance, risk, and compliance (eGRC) solutions market size and its contribution to the parent market
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Predictions on upcoming trends and changes in consumer behavior
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The growth of the enterprise governance, risk, and compliance (eGRC) solutions market
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Analysis of the market’s competitive landscape and detailed information on vendors
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Comprehensive details of factors that will challenge the growth of enterprise governance, risk, and compliance (eGRC) solutions market, vendors
Table of Contents:
Executive Summary
Market Landscape
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Market ecosystem
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Value chain analysis
Market Sizing
Five Forces Analysis
Market Segmentation by End-user
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Market segments
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Comparison by End-user
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Large enterprise – Market size and forecast 2019-2024
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SME – Market size and forecast 2019-2024
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Market opportunity by End-user
Customer Landscape
Geographic Landscape
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Geographic segmentation
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Geographic comparison
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North America – Market size and forecast 2019-2024
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Europe – Market size and forecast 2019-2024
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APAC – Market size and forecast 2019-2024
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South America – Market size and forecast 2019-2024
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MEA – Market size and forecast 2019-2024
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Key leading countries
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Market opportunity by geography
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Market drivers
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Market challenges
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Market trends
Vendor Landscape
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Vendor landscape
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Landscape disruption
Vendor Analysis
Appendix
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
View source version on businesswire.com: https://www.businesswire.com/news/home/20200824005063/en/
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