- Consulting Services
- Integration Services
- Support Services
- Others
Enterprise Governance, Risk and Compliance Market size was valued at USD 46.23 billion in 2022 growing at a significant CAGR of 13.6% from 2023 to 2029. Strict regulations imposed by governments to implement governance, risk and compliance (GRC) solutions among various industries such as BFSI, telecom/IT & retail sectors and growing number of cyber-attacks and huge adoption of big data technologies are some of the key factors propelling the market growth. However, lack of awareness regarding benefits of eGRC solutions among organizations and fluctuating regulatory policies are inhibiting the growth of the market. In addition, global market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition.
Global Enterprise Governance Risk And Compliance Market Summary
Study Period
2024-2030
Base Year
2023
CAGR
13.6%
Largest Market
Asia Pacific
Fastest Growing Market
North America
Enterprise Governance Risk And Compliance Market Dynamics
The adoption of big data technologies is one of the major driver for the eGRC market. The term big data has been a major theme of the information technology media and increasingly made its way into compliance, internal audit and fraud risk management-related publications. The organizations are swiftly moving towards the data analytics tools and solutions to measure and manage the risk exposures across their business lines. They are combining their big data with analytics tools and data-driven GRC to manage the compliance processes. The auditors are utilizing the capabilities of Big Data to explore the data to gain insights about the risk exposure and detect fraud. In a survey conducted, 72% of respondents believe that emerging big data technologies can play a key role in fraud prevention and detection.
Asia-Pacific Got Significant Share
Enterprise Governance, Risk and Compliance Market Regional Analysis
Asia Pacific growth of this region can be attributed to rapidly developing infrastructure, strong economic growth and new technologies emerging in countries such as China, India and Japan. In addition, rising demand for eGRC solutions in especially in banking sector is also considered to be one of the major factor fueling the market growth.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- Global enterprise governance, risk and compliance market expanding at significant CAGR over 2023 to 2029 owing to growing number of risk factors against business data
- Based on end user, BFSI segment accounted for larger market revenue share in 2022 and projected gain market revenue share over the forecast period
- Players focusing on innovation of newer products and collaboration strategies to retain market position in global enterprise governance, risk and compliance market
Global Enterprise Governance Risk And Compliance Market Segmentation
By Services
By Enterprise Type
- Small and Medium
- Large
By End User
- Media and Entertainment
- Healthcare
- BFSI
- Retail & Consumer Goods
- Transportation & Logistics
- Manufacturing
- Construction & Engineering
By Geography
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa (MEA)
Frequently Asked Questions
The key segments covered in the enterprise governance, risk and compliance market are: by services, enterprise type, end-user and geography
The enterprise governance, risk and compliance market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.
The enterprise governance, risk and compliance market key players are: Perstorp Holding AB, Nutreco N.V., Bioscreen Technologies S.R.L, Kemin Industries, Innovad
| 1.Executive Summary |
| 2.Global Enterprise Governance Risk And Compliance Market Introduction |
| 2.1.Global Enterprise Governance Risk And Compliance Market - Taxonomy |
| 2.2.Global Enterprise Governance Risk And Compliance Market - Definitions |
| 2.2.1.Services |
| 2.2.2.Enterprise Type |
| 2.2.3.End User |
| 2.2.4.Region |
| 3.Global Enterprise Governance Risk And Compliance Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Global Enterprise Governance Risk And Compliance Market Analysis, 2018-2022 and Forecast 2023-2029 |
| 4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Global Enterprise Governance Risk And Compliance Market By Services, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 5.1. Consulting Services |
| 5.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Integration Services |
| 5.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Support Services |
| 5.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Others |
| 5.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 6.Global Enterprise Governance Risk And Compliance Market By Enterprise Type, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 6.1. Small and Medium |
| 6.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Large |
| 6.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 7.Global Enterprise Governance Risk And Compliance Market By End User, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 7.1. Media and Entertainment |
| 7.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Healthcare |
| 7.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. BFSI |
| 7.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Retail & Consumer Goods |
| 7.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Transportation & Logistics |
| 7.5.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 7.6. Manufacturing |
| 7.6.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 7.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.6.3. Market Opportunity Analysis |
| 7.7. Construction & Engineering |
| 7.7.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 7.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.7.3. Market Opportunity Analysis |
| 8.Global Enterprise Governance Risk And Compliance Market By Region, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Asia Pacific (APAC) |
| 8.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Middle East and Africa (MEA) |
| 8.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Latin America |
| 8.5.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 9.North America Enterprise Governance Risk And Compliance Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 9.1. Services Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Consulting Services |
| 9.1.2.Integration Services |
| 9.1.3.Support Services |
| 9.1.4.Others |
| 9.2. Enterprise Type Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Small and Medium |
| 9.2.2.Large |
| 9.3. End User Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.Media and Entertainment |
| 9.3.2.Healthcare |
| 9.3.3.BFSI |
| 9.3.4.Retail & Consumer Goods |
| 9.3.5.Transportation & Logistics |
| 9.3.6.Manufacturing |
| 9.3.7.Construction & Engineering |
| 9.4. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.4.1.United States of America (USA) |
| 9.4.2.Canada |
| 10.Europe Enterprise Governance Risk And Compliance Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 10.1. Services Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Consulting Services |
| 10.1.2.Integration Services |
| 10.1.3.Support Services |
| 10.1.4.Others |
| 10.2. Enterprise Type Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Small and Medium |
| 10.2.2.Large |
| 10.3. End User Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.Media and Entertainment |
| 10.3.2.Healthcare |
| 10.3.3.BFSI |
| 10.3.4.Retail & Consumer Goods |
| 10.3.5.Transportation & Logistics |
| 10.3.6.Manufacturing |
| 10.3.7.Construction & Engineering |
| 10.4. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.Germany |
| 10.4.2.France |
| 10.4.3.Italy |
| 10.4.4.United Kingdom (UK) |
| 10.4.5.Spain |
| 10.4.6.Rest of EU |
| 11.Asia Pacific (APAC) Enterprise Governance Risk And Compliance Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 11.1. Services Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Consulting Services |
| 11.1.2.Integration Services |
| 11.1.3.Support Services |
| 11.1.4.Others |
| 11.2. Enterprise Type Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Small and Medium |
| 11.2.2.Large |
| 11.3. End User Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Media and Entertainment |
| 11.3.2.Healthcare |
| 11.3.3.BFSI |
| 11.3.4.Retail & Consumer Goods |
| 11.3.5.Transportation & Logistics |
| 11.3.6.Manufacturing |
| 11.3.7.Construction & Engineering |
| 11.4. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.China |
| 11.4.2.India |
| 11.4.3.Australia and New Zealand (ANZ) |
| 11.4.4.Japan |
| 11.4.5.Rest of APAC |
| 12.Middle East and Africa (MEA) Enterprise Governance Risk And Compliance Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 12.1. Services Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Consulting Services |
| 12.1.2.Integration Services |
| 12.1.3.Support Services |
| 12.1.4.Others |
| 12.2. Enterprise Type Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Small and Medium |
| 12.2.2.Large |
| 12.3. End User Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Media and Entertainment |
| 12.3.2.Healthcare |
| 12.3.3.BFSI |
| 12.3.4.Retail & Consumer Goods |
| 12.3.5.Transportation & Logistics |
| 12.3.6.Manufacturing |
| 12.3.7.Construction & Engineering |
| 12.4. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.GCC Countries |
| 12.4.2.South Africa |
| 12.4.3.Rest of MEA |
| 13.Latin America Enterprise Governance Risk And Compliance Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 13.1. Services Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Consulting Services |
| 13.1.2.Integration Services |
| 13.1.3.Support Services |
| 13.1.4.Others |
| 13.2. Enterprise Type Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Small and Medium |
| 13.2.2.Large |
| 13.3. End User Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.Media and Entertainment |
| 13.3.2.Healthcare |
| 13.3.3.BFSI |
| 13.3.4.Retail & Consumer Goods |
| 13.3.5.Transportation & Logistics |
| 13.3.6.Manufacturing |
| 13.3.7.Construction & Engineering |
| 13.4. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.Brazil |
| 13.4.2.Mexico |
| 13.4.3.Rest of LA |
| 14. Competition Landscape |
| 14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 14.2.1.Perstorp Holding AB |
| 14.2.2.Nutreco N.V. |
| 14.2.3.Bioscreen Technologies S.R.L |
| 14.2.4.Kemin Industries |
| 14.2.5.Innovad |
| 14.2.6.Palital GmbH and Co. KG |
| 14.2.7.Anmol Chemicals |
| 14.2.8.Jainex Specialty Chemicals |
| 14.2.9.Hangzhou King Technia Technology |
| 14.2.10.Sanluc International NV |
| 15. Research Methodology |
| 16. Appendix and Abbreviations |
- Perstorp Holding AB
- Nutreco N.V.
- Bioscreen Technologies S.R.L
- Kemin Industries
- Innovad
- Palital GmbH and Co. KG
- Anmol Chemicals
- Jainex Specialty Chemicals
- Hangzhou King Technia Technology
- Sanluc International NV