The Asia Pacific Enterprise Governance, Risk and Compliance (EGRC) Market would witness market growth of 14.2% CAGR during the forecast period (2019-2025).
The procedures and mechanisms which control and direct corporation are termed as enterprise governance, risk and compliance solutions. Furthermore, efficient governance contributes to the growth of enterprises and ensures economic growth. Apart from this, robust corporate governance helps investors in maintaining their confidence, duet which, enterprises raise funds proficiently. That being said, eGRC solutions play a crucial role in reducing capital cost. The solutions add onto the brand formation and its development. These solutions also ensure that enterprises are controlled in a way that suits the interest of everyone.
With the increasing complexities of a business environment, risk management software solutions have become more crucial for the proper functioning of several businesses. Reason being, these solutions enable organizations to understand their risk exposure and manage it cost-effectively. An increase in cyber-attacks and the growing urge to analyze organizational silos are boosting the demand for risk management software solutions.
Based on Component, the market is segmented into Software and Services. Software segment is further bifurcated into Risk Management, Audit Management, Incident Management, Compliance Management, Policy Management and Others. Services segment is further segmented into Integration & Deployment, Advisory & Consulting and Support & Maintenance. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium-Sized Enterprises. Based on Deployment Mode, the market is segmented into On Premise and Cloud. Based on End User, the market is segmented into BFSI, Healthcare & Life Sciences, Energy & Utilities, Retail & Consumer Goods, Telecom & IT, Government & Public Sector and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, Microsoft Corporation, SAP SE, Oracle Corporation, Software AG, Dell Technologies Inc., Fidelity Information Services (FIS), Inc., Alyne GmbH, LogicManager, Inc. and ProcessGene Ltd.
Market Segmentation: By Component
By Organization Size
By Deployment Mode
By End User
By Country
Companies Profiled
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