Governance, Risk Management and Compliance (GRC) is defined as an integrated, holistic approach to organisation-wide governance, risk and compliance ensuring that an organisation acts ethically correct and in accordance with its risk appetite, internal policies and external regulations through the alignment of strategy, processes, technology and people, thereby improving efficiency and effectiveness.
This report contains market size and forecasts of Governance, Risk Management and Compliance (GRC) in Global, including the following market information:
Global Governance, Risk Management and Compliance (GRC) Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Governance, Risk Management and Compliance (GRC) market was valued at 1321.4 million in 2021 and is projected to reach US$ 1893.4 million by 2028, at a CAGR of 5.3% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Cloud-based Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Governance, Risk Management and Compliance (GRC) include IBM, Dell (RSA Security), SAP, Oracle, Software AG, LogicManager, Riskonnect, ACL GRC and SAI Global, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Governance, Risk Management and Compliance (GRC) companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Governance, Risk Management and Compliance (GRC) Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Governance, Risk Management and Compliance (GRC) Market Segment Percentages, by Type, 2021 (%)
Cloud-based
On-premise
Global Governance, Risk Management and Compliance (GRC) Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Governance, Risk Management and Compliance (GRC) Market Segment Percentages, by Application, 2021 (%)
Large Enterprises
SMEs
Global Governance, Risk Management and Compliance (GRC) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Governance, Risk Management and Compliance (GRC) Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Governance, Risk Management and Compliance (GRC) revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Governance, Risk Management and Compliance (GRC) revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
IBM
Dell (RSA Security)
SAP
Oracle
Software AG
LogicManager
Riskonnect
ACL GRC
SAI Global
MetricStream
SAS Institue
Enablon (Wolters Kluwer)
Sword Active Risk
Check Point Software
MEGA International
Resolver
Lockpath
ProcessGene
Aravo
ReadiNow
LogicGate
Reciprocity ZenGRC