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1423042

GRC(ガバナンス、リスク、コンプライアンス)プラットフォーム市場レポート:展開モデル、ソリューション、コンポーネント、サービス、エンドユーザー、業界、地域別、2024年~2032年

Governance, Risk and Compliance Platform Market Report by Deployment Model, Solution, Component, Service, End-User, Industry Vertical, and Region 2024-2032

出版日: | 発行: IMARC | ページ情報: 英文 144 Pages | 納期: 2~3営業日

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価格
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本日の銀行送金レート: 1USD=156.76円
GRC(ガバナンス、リスク、コンプライアンス)プラットフォーム市場レポート:展開モデル、ソリューション、コンポーネント、サービス、エンドユーザー、業界、地域別、2024年~2032年
出版日: 2024年01月30日
発行: IMARC
ページ情報: 英文 144 Pages
納期: 2~3営業日
  • 全表示
  • 概要
  • 図表
  • 目次
概要

世界のGRC(ガバナンス、リスク、コンプライアンス)プラットフォーム市場規模は、2023年に440億米ドルに達しました。今後、IMARC Groupは、市場は2032年までに1,198億米ドルに達し、2024年から2032年の間に11.65%の成長率(CAGR)を示すと予測しています。さまざまな分野で機密データや知的財産を保護するためのリスク軽減に注目が集まっていること、サイバー脅威の数が増加していること、規制の枠組みやコンプライアンス要件が変化していることなどが、市場を推進している主な要因となっています。

GRC(ガバナンス、リスク、コンプライアンス)プラットフォームは、組織が規制要件や業界標準の遵守を確保しながら業務を効果的に管理・監督できるようにする包括的なソリューションです。より良い意思決定と、より正確な情報技術(IT)投資を実現します。様々なビジネス・プロセスにおけるリスクを評価、監視、軽減するための一元化されたフレームワークを提供します。管理者の複雑さを最小限に抑え、複数の導入コストを削減するのに役立つため、GRCの需要は世界中で高まっています。

現在、さまざまな地域でガバナンスとコンプライアンス慣行の一貫性を維持することを可能にするGRCの採用が増加しており、市場の成長を後押ししています。これに加えて、より良い意思決定のために組織でGRCプラットフォームの採用が増加していることも、市場の見通しを明るいものにしています。これに伴い、組織の顧客、スタッフ、顧客との効率的なコミュニケーションのためのソーシャルメディアガバナンスの利用が増加しており、市場の成長を促進しています。これとは別に、データプライバシーの権利と規制に関する意識の高まりが市場の成長に寄与しています。さらに、GRCプラットフォームは、問題が発生する前から問題を特定し、プログラム全体を一箇所に集中させるという利点があるため、採用が増加しており、市場の成長を強化しています。

GRC(ガバナンス、リスク、コンプライアンス)プラットフォーム市場の動向と促進要因:

リスク軽減への注目の高まり

企業の業務、評判、資産を保護する意識の高まりにより、さまざまな組織でリスク軽減への関心が高まっていることが、市場の成長に寄与しています。また、GRCプラットフォームは、組織全体のリスクを完全に把握し、プロアクティブな特定と軽減を可能にします。これとは別に、これらのプラットフォームは、リスク評価、監視、対応を一元化することで、意思決定の強化と効果的なリスク管理戦略を可能にします。さらに、このプロアクティブなアプローチは、潜在的な脆弱性を最小限に抑え、全体的な事業継続性を維持するのに役立ちます。業務リスクを軽減し、意思決定プロセスを強化するニーズの高まりが、市場の成長を後押ししています。

サイバー脅威の増加

世界中でサイバー脅威が増加していることが、市場の成長を支えています。さらに、機密データや知的財産を悪用から保護するためのGRCプラットフォームの採用が増加しており、市場の成長を後押ししています。これに伴い、GRCプラットフォームはサイバーセキュリティの実践をより広範なリスク管理の枠組みに統合します。これとは別に、これらのプラットフォームは、リアルタイム監視、脅威検出、インシデント対応機能を提供することで、組織が防御を強化し、サイバーインシデントに迅速に対応することを可能にします。さらに、GRCプラットフォームの包括的な性質により、サイバーセキュリティが企業の全体的なリスク管理戦略の不可欠な一部となり、データ漏洩の可能性とそれに伴う影響を低減することができます。

規制の枠組みの変化

規制環境の変化によるGRCプラットフォームの採用増加は、市場の成長に寄与しています。産業界は継続的に様々な規制やコンプライアンス要件に直面しています。組織は、法的・財政的な影響を避けるために、こうした複雑な枠組みを乗り越えています。これとは別に、GRCプラットフォームは、コンプライアンスの取り組みを管理・追跡し、企業が最新のルールに対応できるようにするための統一的なアプローチを提供します。これに伴い、これらのプラットフォームにおけるコンプライアンス・プロセスの自動化により、レポーティングと監査が合理化され、手作業の負担が軽減されるとともに、正確性と透明性が向上するため、市場の見通しは明るいです。

目次

第1章 序文

第2章 調査範囲と調査手法

  • 調査目的
  • 利害関係者
  • データソース
    • 一次情報
    • 二次情報
  • 市場推定
    • ボトムアップアプローチ
    • トップダウンアプローチ
  • 調査手法

第3章 エグゼクティブサマリー

第4章 イントロダクション

  • 概要
  • 主要業界動向

第5章 世界のGRC(ガバナンス、リスク、コンプライアンス)プラットフォーム市場

  • 市場概要
  • 市場実績
  • COVID-19の影響
  • 市場内訳:展開モデル別
  • 市場内訳:ソリューション別
  • 市場内訳:コンポーネント別
  • 市場内訳:サービス別
  • 市場内訳:エンドユーザー別
  • 市場内訳:業界別
  • 市場内訳:地域別
  • 市場予測

第6章 市場内訳:展開モデル別

  • オンプレミス
    • 市場動向
    • 市場予測
  • クラウド
    • 市場動向
    • 市場予測

第7章 市場内訳:ソリューション別

  • 監査管理
    • 市場動向
    • 市場予測
  • リスク管理
    • 市場動向
    • 市場予測
  • ポリシー管理
    • 市場動向
    • 市場予測
  • コンプライアンス管理
    • 市場動向
    • 市場予測
  • その他
    • 市場動向
    • 市場予測

第8章 市場内訳:コンポーネント別

  • ソフトウェア
    • 市場動向
    • 市場予測
  • サービス
    • 市場動向
    • 市場予測

第9章 市場内訳:サービス別

  • インテグレーション
    • 市場動向
    • 市場予測
  • コンサルティング
    • 市場動向
    • 市場予測
  • サポート
    • 市場動向
    • 市場予測

第10章 市場内訳:エンドユーザー別

  • 小規模企業
    • 市場動向
    • 市場予測
  • 中規模企業
    • 市場動向
    • 市場予測
  • 大企業
    • 市場動向
    • 市場予測

第11章 市場内訳:業界別

  • BFSI
    • 市場動向
    • 市場予測
  • 建設・エンジニアリング
    • 市場動向
    • 市場予測
  • エネルギーと公益事業
    • 市場動向
    • 市場予測
  • 政府機関
    • 市場動向
    • 市場予測
  • ヘルスケア
    • 市場動向
    • 市場予測
  • 製造業
    • 市場動向
    • 市場予測
  • 小売・消費財
    • 市場動向
    • 市場予測
  • 通信・IT
    • 市場動向
    • 市場予測
  • 運輸・物流
    • 市場動向
    • 市場予測
  • その他
    • 市場動向
    • 市場予測

第12章 市場内訳:地域別

  • 北米
    • 市場動向
    • 市場予測
  • 欧州
    • 市場動向
    • 市場予測
  • アジア太平洋
    • 市場動向
    • 市場予測
  • 中東・アフリカ地域
    • 市場動向
    • 市場予測
  • ラテンアメリカ
    • 市場動向
    • 市場予測

第13章 世界のGRC(ガバナンス、リスク、コンプライアンス)プラットフォーム産業SWOT分析

  • 概要
  • 強み
  • 弱み
  • 機会
  • 脅威

第14章 世界のGRC(ガバナンス、リスク、コンプライアンス)プラットフォーム産業:バリューチェーン分析

第15章 世界のGRC(ガバナンス、リスク、コンプライアンス)プラットフォーム産業:ポーターのファイブフォース分析

  • 概要
  • 買い手の交渉力
  • 供給企業の交渉力
  • 競合の程度
  • 新規参入業者の脅威
  • 代替品の脅威

第16章 世界のGRC(ガバナンス、リスク、コンプライアンス)プラットフォーム産業:価格分析

第17章 競合情勢

  • 市場構造
  • 主要企業
  • 主要企業のプロファイル
    • SAS Institute Inc.
    • IBM Corp
    • SAP SE
    • Dell Technologies
    • Microsoft Corporation
    • Fidelity National Information Services Inc.
    • Oracle Corporation
    • Thomson Reuters Corporation
    • Newport Consulting Group, LLC
    • BWise BV
図表

List of Figures

  • Figure 1: Global: Governance Risk and Compliance Platform Market: Major Drivers and Challenges
  • Figure 2: Global: Governance Risk and Compliance Platform Market: Sales Value (in Billion US$), 2018-2023
  • Figure 3: Global: Governance Risk and Compliance Platform Market: Breakup by Deployment Model (in %), 2023
  • Figure 4: Global: Governance Risk and Compliance Platform Market: Breakup by Solution (in %), 2023
  • Figure 5: Global: Governance Risk and Compliance Platform Market: Breakup by Component (in %), 2023
  • Figure 6: Global: Governance Risk and Compliance Platform Market: Breakup by Service (in %), 2023
  • Figure 7: Global: Governance Risk and Compliance Platform Market: Breakup by End-User (in %), 2023
  • Figure 8: Global: Governance Risk and Compliance Platform Market: Breakup by Industry Vertical (in %), 2023
  • Figure 9: Global: Governance Risk and Compliance Platform Market: Breakup by Region (in %), 2023
  • Figure 10: Global: Governance Risk and Compliance Platform Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 11: Global: Governance Risk and Compliance Platform Industry: SWOT Analysis
  • Figure 12: Global: Governance Risk and Compliance Platform Industry: Value Chain Analysis
  • Figure 13: Global: Governance Risk and Compliance Platform Industry: Porter's Five Forces Analysis
  • Figure 14: Global: Governance Risk and Compliance Platform (On-Premises) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 15: Global: Governance Risk and Compliance Platform (On-Premises) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 16: Global: Governance Risk and Compliance Platform (Cloud) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 17: Global: Governance Risk and Compliance Platform (Cloud) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 18: Global: Governance Risk and Compliance Platform (Audit Management) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 19: Global: Governance Risk and Compliance Platform (Audit Management) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 20: Global: Governance Risk and Compliance Platform (Risk Management) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 21: Global: Governance Risk and Compliance Platform (Risk Management) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 22: Global: Governance Risk and Compliance Platform (Policy Management) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 23: Global: Governance Risk and Compliance Platform (Policy Management) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 24: Global: Governance Risk and Compliance Platform (Compliance Management) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 25: Global: Governance Risk and Compliance Platform (Compliance Management) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 26: Global: Governance Risk and Compliance Platform (Others) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 27: Global: Governance Risk and Compliance Platform (Others) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 28: Global: Governance Risk and Compliance Platform (Software) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 29: Global: Governance Risk and Compliance Platform (Software) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 30: Global: Governance Risk and Compliance Platform (Services) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 31: Global: Governance Risk and Compliance Platform (Services) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 32: Global: Governance Risk and Compliance Platform (Integration) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 33: Global: Governance Risk and Compliance Platform (Integration) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 34: Global: Governance Risk and Compliance Platform (Consulting) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 35: Global: Governance Risk and Compliance Platform (Consulting) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 36: Global: Governance Risk and Compliance Platform (Support) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 37: Global: Governance Risk and Compliance Platform (Support) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 38: Global: Governance Risk and Compliance Platform (Small Enterprise) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 39: Global: Governance Risk and Compliance Platform (Small Enterprise) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 40: Global: Governance Risk and Compliance Platform (Medium Enterprise) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 41: Global: Governance Risk and Compliance Platform (Medium Enterprise) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 42: Global: Governance Risk and Compliance Platform (Large Enterprise) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 43: Global: Governance Risk and Compliance Platform (Large Enterprise) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 44: Global: Governance Risk and Compliance Platform (BFSI) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 45: Global: Governance Risk and Compliance Platform (BFSI) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 46: Global: Governance Risk and Compliance Platform (Construction and Engineering) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 47: Global: Governance Risk and Compliance Platform (Construction and Engineering) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 48: Global: Governance Risk and Compliance Platform (Energy and Utilities) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 49: Global: Governance Risk and Compliance Platform (Energy and Utilities) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 50: Global: Governance Risk and Compliance Platform (Government) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 51: Global: Governance Risk and Compliance Platform (Government) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 52: Global: Governance Risk and Compliance Platform (Healthcare) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 53: Global: Governance Risk and Compliance Platform (Healthcare) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 54: Global: Governance Risk and Compliance Platform (Manufacturing) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 55: Global: Governance Risk and Compliance Platform (Manufacturing) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 56: Global: Governance Risk and Compliance Platform (Retail and Consumer Goods) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 57: Global: Governance Risk and Compliance Platform (Retail and Consumer Goods) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 58: Global: Governance Risk and Compliance Platform (Telecom and IT) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 59: Global: Governance Risk and Compliance Platform (Telecom and IT) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 60: Global: Governance Risk and Compliance Platform (Transportation and Logistics) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 61: Global: Governance Risk and Compliance Platform (Transportation and Logistics) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 62: Global: Governance Risk and Compliance Platform (Other Industry Verticals) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 63: Global: Governance Risk and Compliance Platform (Other Industry Verticals) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 64: North America: Governance Risk and Compliance Platform Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 65: North America: Governance Risk and Compliance Platform Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 66: Europe: Governance Risk and Compliance Platform Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 67: Europe: Governance Risk and Compliance Platform Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 68: Asia Pacific: Governance Risk and Compliance Platform Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 69: Asia Pacific: Governance Risk and Compliance Platform Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 70: Middle East and Africa: Governance Risk and Compliance Platform Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 71: Middle East and Africa: Governance Risk and Compliance Platform Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 72: Latin America: Governance Risk and Compliance Platform Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 73: Latin America: Governance Risk and Compliance Platform Market Forecast: Sales Value (in Million US$), 2024-2032

List of Tables

  • Table 1: Global: Governance Risk and Compliance Platform Market: Key Industry Highlights, 2023 and 2032
  • Table 2: Global: Governance Risk and Compliance Platform Market Forecast: Breakup by Deployment Model (in Million US$), 2024-2032
  • Table 3: Global: Governance Risk and Compliance Platform Market Forecast: Breakup by Solution (in Million US$), 2024-2032
  • Table 4: Global: Governance Risk and Compliance Platform Market Forecast: Breakup by Component (in Million US$), 2024-2032
  • Table 5: Global: Governance Risk and Compliance Platform Market Forecast: Breakup by Service (in Million US$), 2024-2032
  • Table 6: Global: Governance Risk and Compliance Platform Market Forecast: Breakup by End-User (in Million US$), 2024-2032
  • Table 7: Global: Governance Risk and Compliance Platform Market Forecast: Breakup by Industry Vertical (in Million US$), 2024-2032
  • Table 8: Global: Governance Risk and Compliance Platform Market Forecast: Breakup by Region (in Million US$), 2024-2032
  • Table 9: Global: Governance Risk and Compliance Platform Market Structure
  • Table 10: Global: Governance Risk and Compliance Platform Market: Key Players
目次
Product Code: SR112024A1163

Abstract

The global governance, risk and compliance platform market size reached US$ 44.0 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 119.8 Billion by 2032, exhibiting a growth rate (CAGR) of 11.65% during 2024-2032. The growing focus on mitigating risks to protect sensitive data and intellectual property in various sectors, rising number of cyberthreats, and changing regulatory frameworks and compliance requirements are some of the major factors propelling the market.

The governance, risk and compliance (GRC) platform is a comprehensive solution that enables organizations to effectively manage and oversee their operations while ensuring adherence to regulatory requirements and industry standards. It provides better decision-making and more accurate information technology (IT) investments. It assists in offering a centralized framework for assessing, monitoring, and mitigating risks across various business processes. As it aids in minimizing complexity for managers, and decreasing the costs of multiple installations, the demand for GRC is rising across the globe.

At present, the increasing adoption of GRC, as it enables businesses to maintain consistency in governance and compliance practices across various regions, is bolstering the growth of the market. Besides this, the growing adoption of GRC platforms among organizations for better decision-making is offering a positive market outlook. In line with this, the rising utilization of social media governance to efficiently communicate with clients, staff members, and customers in an organization is propelling the growth of the market. Apart from this, the increasing awareness about data privacy rights and regulations is contributing to the growth of the market. Furthermore, the rising adoption of GRC platforms, as they benefit in identifying the problems even before they occur and centralizing the entire program at one place, is strengthening the growth of the market.

Governance, Risk and Compliance Platform Market Trends/Drivers:

Rising focus on mitigating risks

The rising focus on mitigating risks in various organizations due to the increasing awareness among businesses to safeguard their operations, reputation, and assets, is contributing to the growth of the market. In addition, GRC platforms provide a complete view of risks across the organization and allow for proactive identification and mitigation. Apart from this, these platforms enable enhanced decision-making and effective risk management strategies by centralizing risk assessment, monitoring, and response. Furthermore, this proactive approach minimizes potential vulnerabilities and helps in maintaining overall business continuity. The rising need to mitigate operational risks and enhance decision-making processes is bolstering the growth of the market.

Increasing number of cyberthreats

The increasing number of cyberthreats across the globe is supporting the growth of the market. Moreover, the rising adoption of the GRC platform to protect sensitive data and intellectual property from misuse is propelling the growth of the market. In line with this, GRC platforms integrate cybersecurity practices into the broader risk management framework. Apart from this, these platforms enable organizations to strengthen their defenses and respond promptly to cyber incidents by offering real-time monitoring, threat detection, and incident response capabilities. Furthermore, the comprehensive nature of GRC platforms ensures that cybersecurity is an integral part of the overall risk management strategy of a business to reduce the chances of data breaches and their associated consequences.

Changing regulatory frameworks

The rising adoption of GRC platforms due to the changing regulatory environment is contributing to the growth of the market. Industries are continuously facing various regulations and compliance requirements. Organizations are navigating these complex frameworks to avoid legal and financial repercussions. Apart from this, GRC platforms offer a unified approach to manage and track compliance efforts and ensure that businesses stay up to date with the latest rules. In line with this, the automation of compliance processes within these platforms streamlines reporting and auditing and reduces the burden of manual tasks while enhancing accuracy and transparency, which is offering a positive market outlook.

Governance, Risk and Compliance Platform Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the global governance, risk and compliance platform market report, along with forecasts at the global and regional levels for 2024-2032. Our report has categorized the market based on deployment model, solution, component, service, end-user, and industry vertical.

Breakup by Deployment Model:

On-Premises

Cloud

On-premises represent the largest market segment

The report has provided a detailed breakup and analysis of the market based on the deployment model. This includes on-premises and cloud. According to the report, on-premises represented the largest segment. On-premises deployment refers to the installation and utilization of GRC platforms within the own physical infrastructure of an organization. With an on-premises model, the software is managed internally and provides businesses with direct control over their data and security. This deployment is favored by organizations that prioritize data sovereignty, have strict regulatory requirements, or possess existing infrastructure investments. In addition, the rising adoption of on-premises solutions, as they offer enhanced customization and security, is supporting the growth of the market.

Breakup by Solution:

Audit Management

Risk Management

Policy Management

Compliance Management

Others

Compliance management accounts for the majority of the market share

The report has provided a detailed breakup and analysis of the market based on the solution. This includes audit management, risk management, policy management, compliance management, and others. According to the report, compliance management represented the largest segment. Compliance management within GRC platforms involves a systematic approach to ensure adherence to relevant regulations, standards, and internal policies. This solution enables organizations to streamline compliance processes by centralizing documentation, tracking, and reporting. It offers tools for creating compliance frameworks, mapping regulatory requirements, and automating compliance assessments. Through real-time monitoring and alerts, compliance management solutions empower businesses to identify potential gaps and deviations promptly. Organizations can demonstrate their commitment to regulatory obligations during audits and investigations by maintaining an audit trail of compliance activities.

Breakup by Component:

Software

Services

Software holds the biggest market share

The report has provided a detailed breakup and analysis of the market based on the component. This includes software and services. According to the report, software represented the largest segment. GRC software comprises digital tools and applications that are designed to facilitate the management of governance, risk, and compliance activities. This component offers a unified platform for organizations to centralize data, automate processes, and streamline workflows related to regulatory compliance, risk assessment, and governance practices. GRC software typically includes features, such as data analytics, reporting dashboards, workflow automation, and integration capabilities with other organizational systems. It allows businesses to proactively identify potential risks, ensure compliance with evolving regulations, and make informed decisions due to its advanced algorithms and real-time monitoring capabilities.

Breakup by Service:

Integration

Consulting

Support

The report has provided a detailed breakup and analysis of the market based on the service. This includes integration, consulting, and support.

Integration involves seamlessly connecting GRC platforms with an existing software ecosystem of an organization. Integration services ensure that the GRC solution interacts with various systems efficiently. This enables smooth data exchange and centralized access and enhances the efficiency of GRC processes.

Consulting services provide expert guidance to organizations seeking to implement GRC solutions effectively. Consultants assess unique requirements, recommend suitable GRC strategies, and assist in tailoring the platform to align with the objectives of an organization. They ensure that the GRC platform is configured to address specific risks within the industry.

Support services comprise ongoing assistance for GRC platforms. This includes technical support, troubleshooting, and updates to ensure that the platform operates optimally. Reliable support services are crucial for maintaining the functionality and security of the GRC solution and addressing any issues promptly to minimize disruptions.

Breakup by End-User:

Small Enterprise

Medium Enterprise

Large Enterprise

Medium enterprise dominates the market share

The report has provided a detailed breakup and analysis of the market based on the end-user. This includes small enterprise, medium enterprise, and large enterprise. According to the report, medium enterprise represented the largest segment. Medium enterprises are organizations with a moderate scale of operations and employee count. These enterprises often require efficient GRC solutions to navigate risk management challenges effectively. GRC platforms tailored for medium enterprises offer a balance between comprehensive functionality and scalability and address the specific needs of this segment. These solutions assist medium enterprises in consolidating compliance efforts, mitigating risks, and establishing robust governance practices. In addition, GRC platforms catered to this segment provide a cost-effective way to manage these complexities.

Breakup by Industry Vertical:

BFSI

Construction and Engineering

Energy and Utilities

Government

Healthcare

Manufacturing

Retail and Consumer Goods

Telecom and IT

Transportation and Logistics

Others

BFSI represents the biggest market segment

The report has provided a detailed breakup and analysis of the market based on the industry vertical. This includes BFSI, construction and engineering, energy and utilities, government, healthcare, manufacturing, retail and consumer goods, telecom and IT, transportation and logistics, and others. According to the report, BFSI represented the largest segment. The BFSI industry relies on GRC platforms to manage risks, ensure compliance, and maintain ethical practices. GRC solutions tailored for BFSI offer specialized modules to address unique challenges, such as anti-money laundering (AML) regulations, data privacy, and financial reporting standards in the industry. These platforms enable financial institutions to streamline regulatory reporting, monitor transactions for suspicious activities, and enhance customer data protection. GRC platforms are essential tools for mitigating risks, ensuring transparency, and maintaining the reputation of the BFSI sector.

Breakup by Region:

North America

Europe

Asia Pacific

Middle East and Africa

Latin America

North America exhibits a clear dominance, accounting for the largest governance, risk and compliance platform market share

The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America, Asia Pacific, Europe, the Middle East and Africa, and Latin America. According to the report, North America accounted for the largest market share.

North America held the biggest market share due to the rising demand for GRC platforms to manage risks and ensure ethical practices. Moreover, the growing adoption of integrated data platforms by financial services is offering a positive market outlook. Apart from this, the rising demand for risk management solutions for fraud detection is contributing to the growth of the market. In addition, the increasing employment of GRC in financial institutions to streamline the financial data and gather useful insights is propelling the growth of the market.

Competitive Landscape:

Major manufacturers are continuously developing and enhancing their solutions to keep up with evolving regulatory landscapes and emerging risks. They are integrating advanced technologies, such as artificial intelligence (AI) and machine learning (ML), to provide predictive analytics and real-time monitoring and enable businesses to proactively identify potential risks and compliance gaps. In addition, companies are creating specialized GRC solutions tailored to specific industries to address the unique compliance requirements of various sectors. This approach ensures that organizations can effectively manage sector-specific risks and adhere to industry regulations. Apart from this, key players are working to ensure that their solutions can easily connect with enterprise resource planning (ERP), customer relationship management (CRM), and other systems.

The report has provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:

SAS Institute Inc.

IBM Corp

SAP SE

Dell Technologies

Microsoft Corporation

Fidelity National Information Services Inc.

Oracle Corporation

Thomson Reuters Corporation

Newport Consulting Group, LLC

BWise BV

Recent Developments:

In 2022, IBM announced its OpenPages with Watson 8.3 (both On-Premises and SaaS) that is an integrated GRC platform that benefits organizations in maintaining risk and compliance initiatives.

In 2021, Microsoft launched Azure Purview, a cloud-native data governance solution to allow businesses of all sizes to manage and govern their on-premises, cloud, and app-based systems.

In 2022, SAP SE and PwC announced a new co-innovation strategy to make sustainability an integral part of standard business operations. The strategy assists in addressing key environmental, social and corporate governance (ESG) business challenges.

Key Questions Answered in This Report

  • 1. What was the size of the global governance, risk and compliance platform market in 2023?
  • 2. What is the expected growth rate of the global governance, risk and compliance platform market during 2024-2032?
  • 3. What are the key factors driving the global governance, risk and compliance platform market?
  • 4. What has been the impact of COVID-19 on the global governance, risk and compliance platform market?
  • 5. What is the breakup of the global governance, risk and compliance platform market based on the deployment model?
  • 6. What is the breakup of the global governance, risk and compliance platform market based on the solution?
  • 7. What is the breakup of the global governance, risk and compliance platform market based on the component?
  • 8. What is the breakup of the global governance, risk and compliance platform market based on the service?
  • 9. What is the breakup of the global governance, risk and compliance platform market based on the end user?
  • 10. What is the breakup of the global governance, risk and compliance platform market based on the industry vertical?
  • 11. What are the key regions in the global governance, risk and compliance platform market?
  • 12. Who are the key players/companies in the global governance, risk and compliance platform market?

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Governance Risk and Compliance Platform Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Breakup by Deployment Model
  • 5.5 Market Breakup by Solution
  • 5.6 Market Breakup by Component
  • 5.7 Market Breakup by Service
  • 5.8 Market Breakup by End-User
  • 5.9 Market Breakup by Industry Vertical
  • 5.10 Market Breakup by Region
  • 5.11 Market Forecast

6 Market Breakup by Deployment Model

  • 6.1 On-Premises
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 Cloud
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast

7 Market Breakup by Solution

  • 7.1 Audit Management
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 Risk Management
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast
  • 7.3 Policy Management
    • 7.3.1 Market Trends
    • 7.3.2 Market Forecast
  • 7.4 Compliance Management
    • 7.4.1 Market Trends
    • 7.4.2 Market Forecast
  • 7.5 Others
    • 7.5.1 Market Trends
    • 7.5.2 Market Forecast

8 Market Breakup by Component

  • 8.1 Software
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 Services
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast

9 Market Breakup by Service

  • 9.1 Integration
    • 9.1.1 Market Trends
    • 9.1.2 Market Forecast
  • 9.2 Consulting
    • 9.2.1 Market Trends
    • 9.2.2 Market Forecast
  • 9.3 Support
    • 9.3.1 Market Trends
    • 9.3.2 Market Forecast

10 Market Breakup by End-User

  • 10.1 Small Enterprise
    • 10.1.1 Market Trends
    • 10.1.2 Market Forecast
  • 10.2 Medium Enterprise
    • 10.2.1 Market Trends
    • 10.2.2 Market Forecast
  • 10.3 Large Enterprise
    • 10.3.1 Market Trends
    • 10.3.2 Market Forecast

11 Market Breakup by Industry Vertical

  • 11.1 BFSI
    • 11.1.1 Market Trends
    • 11.1.2 Market Forecast
  • 11.2 Construction and Engineering
    • 11.2.1 Market Trends
    • 11.2.2 Market Forecast
  • 11.3 Energy and Utilities
    • 11.3.1 Market Trends
    • 11.3.2 Market Forecast
  • 11.4 Government
    • 11.4.1 Market Trends
    • 11.4.2 Market Forecast
  • 11.5 Healthcare
    • 11.5.1 Market Trends
    • 11.5.2 Market Forecast
  • 11.6 Manufacturing
    • 11.6.1 Market Trends
    • 11.6.2 Market Forecast
  • 11.7 Retail and Consumer Goods
    • 11.7.1 Market Trends
    • 11.7.2 Market Forecast
  • 11.8 Telecom and IT
    • 11.8.1 Market Trends
    • 11.8.2 Market Forecast
  • 11.9 Transportation and Logistics
    • 11.9.1 Market Trends
    • 11.9.2 Market Forecast
  • 11.10 Others
    • 11.10.1 Market Trends
    • 11.10.2 Market Forecast

12 Market Breakup by Region

  • 12.1 North America
    • 12.1.1 Market Trends
    • 12.1.2 Market Forecast
  • 12.2 Europe
    • 12.2.1 Market Trends
    • 12.2.2 Market Forecast
  • 12.3 Asia Pacific
    • 12.3.1 Market Trends
    • 12.3.2 Market Forecast
  • 12.4 Middle East and Africa
    • 12.4.1 Market Trends
    • 12.4.2 Market Forecast
  • 12.5 Latin America
    • 12.5.1 Market Trends
    • 12.5.2 Market Forecast

13 Global Governance Risk and Compliance Platform Industry: SWOT Analysis

  • 13.1 Overview
  • 13.2 Strengths
  • 13.3 Weaknesses
  • 13.4 Opportunities
  • 13.5 Threats

14 Global Governance Risk and Compliance Platform Industry: Value Chain Analysis

15 Global Governance Risk and Compliance Platform Industry: Porters Five Forces Analysis

  • 15.1 Overview
  • 15.2 Bargaining Power of Buyers
  • 15.3 Bargaining Power of Suppliers
  • 15.4 Degree of Competition
  • 15.5 Threat of New Entrants
  • 15.6 Threat of Substitutes

16 Global Governance Risk and Compliance Platform Industry: Price Analysis

17 Competitive Landscape

  • 17.1 Market Structure
  • 17.2 Key Players
  • 17.3 Profiles of Key Players
    • 17.3.1 SAS Institute Inc.
    • 17.3.2 IBM Corp
    • 17.3.3 SAP SE
    • 17.3.4 Dell Technologies
    • 17.3.5 Microsoft Corporation
    • 17.3.6 Fidelity National Information Services Inc.
    • 17.3.7 Oracle Corporation
    • 17.3.8 Thomson Reuters Corporation
    • 17.3.9 Newport Consulting Group, LLC
    • 17.3.10 BWise BV