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Worldwide and U.S. Governance, Risk, and Compliance Professional Services Forecast, 2023–2027

Publisher IDC
Published Jun 22, 2023
Length 11 Pages
SKU # IDC18019126

Description

Worldwide and U.S. Governance, Risk, and Compliance Professional Services Forecast, 2023–2027


This IDC study presents a five-year forecast for the governance, risk, and compliance professional services market for the 2023–2027 period."With an ever-changing cyberattack environment, organizations need to continue to prioritize cybersecurity as a mandate and keep senior management and the board informed as to the status of the program. Executives and boards of directors must take on this challenge to be well versed about the cybersecurity posture of their organizations. Executive and board education, training, and engagement will see a shift not only in the priority of cybersecurity but in the perceived value that cybersecurity programs provide to the bottom line," says Phil Harris, research director, Governance, Risk, and Compliance Services at IDC. "CISOs must step up their game in executive and board settings to engage them in constructive dialog that has them become contributors to the direction of cybersecurity rather than passively listening."

Please Note: Extended description available upon request.

Table of Contents

11 Pages
IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
Market Context
Drivers and Inhibitors
Drivers
Risk Quantification Capabilities Are Now Possible as Normal Components of Risk Management Programs
Cyberinsurance and Expansion of Control Requirements
Privacy Regulations Ratcheting Tighter
Artificial Intelligence and Cybersecurity
Inhibitors
Ransomware Cyberattacks Continue at Pace
Significant Market Developments
Changes from Prior Forecast
Market Definition
Methodology
Related Research

Pricing

Currency Rates
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