The Latin America, Middle East and Africa Enterprise Governance, Risk and Compliance (EGRC) Market would witness market growth of 15.8% CAGR during the forecast period (2019-2025).
Implementation of GRC software typically includes complicated facilities that include information coordination between various departments including company, IT, security, compliance, and auditing. However, once in position, dashboards, and data analytics instruments enable administrators to identify the risk exposure of an organization, measure progress towards quarterly objectives, or rapidly pull together an information audit. Good governance, identified at the executive level as efficient, ethical leadership of a business, is regarded as an objectively measurable commodity.
The enterprise governance, risk, and compliance (eGRC) market companies are expanding their businesses by adding new products in their existing portfolio. Previously established business strategies including acquisitions, collaborations, etc. are helping companies present their brand value successfully. Enterprises are making major investments to sustain a competitive edge in the market.
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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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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