The Europe Enterprise Governance, Risk and Compliance (EGRC) Market would witness market growth of 11.4% CAGR during the forecast period (2019-2025). Enterprise GRC software allows an organization to follow a systematic, structured approach to managing GRC-related strategy and execution. Instead of maintaining information in distinct silos, administrators may use a single structure to monitor and implement laws and processes. Successful facilities allow organizations to manage risk, decrease expenses incurred by various facilities, and minimize complexity for executives.
Growth has been influenced by the increasing need to automate and streamline GRC organizational programs. The adoption of eGRC software is anticipated to increase due to the increasing need to evaluate regulatory demands, policies and commitments. In addition, eGRC solutions provided on the market are incorporated with Business Intelligence (BI) instruments and analytics and Machine Learning (ML) technology that allow organizations to gain actionable ideas and thus concentrate on decreasing organizational hazards.
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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
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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