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eGRC Market by Component (Services, Software), Deployment Mode (Cloud, On-Premises), Business Function (Finance, It, Legal, Operations), Organization Size, Vertical, Usage, and Region - Global Forecast to 2022

eGRC Market by Component (Services, Software), Deployment Mode (Cloud, On-Premises), Business Function (Finance, It, Legal, Operations), Organization Size, Vertical, Usage, and Region - Global Forecast to 2022

The Enterprise Governance, Risk, and Compliance (eGRC) market is projected to grow at a CAGR of 14.7% during the forecast period
The market for eGRC is expected to grow from USD 22.14 billion in 2017 to USD 43.87 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 14.7%. The regulatory and compliance mandates is a major factor driving the growth of the eGRC market. The rising numbers of rules and regulations introduced by governing bodies for governing business operations are becoming essential for enterprises across the industry verticals. In order to achieve the desired outcomes, enterprises need to design and layout a plan of action. This can be done by properly implementing suitable governance and risk management practices with incorporated compliance policies.

The changing structure of regulatory polices is expected to be a major restraint for the eGRC market. Regulatory policies differ from nation to nation as well as from business to business. The structure of these varying regulatory policies, along with changing macro-economic factors, make it difficult for vendors to meet the end-users’ requirements.

Integration service segment is expected to have the largest market share during the forecast period
The service segment in the eGRC market includes training and consulting, integration, and support. The integration services integrate the industry’s best practices to help organizations by deploying Governance, Risk, and Compliance (GRC) solutions and utilizing these solutions to their maximum potential.
Finance business function is expected to have the largest market size during the forecast period
The business function segment in the eGRC market includes finance, IT, legal, and operations. Finance GRC helps manage the financial process control, which includes business processes, such as segregation of roles and duties, monitoring internal and external audits, and authority to permit expenses beyond a particular amount.

Asia Pacific (APAC) is expected to witness the highest growth rate during the forecast period
APAC is estimated to grow with the highest CAGR during the forecasted period. Factors, such as continual growth in the mobile network, increasing complexity of business, unregulated nature of the internet, and growth in the adoption of Bring Your Own Device (BYOD) are driving the eGRC market in the APAC region. The North American region is expected to have the largest market share during the forecast period. The main driving factors for the market are the need for increasing operational efficiency and reduced costs, the growing business partnerships and associations, the increasing use of data, and the government regulations and compliance mandates.

In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews were conducted with key people.
• By Company Type - Tier 1 – 20%, Tier 2 – 45%, and Tier 3 –35%
• By Designation – C-level – 48%, Director-level – 37%, and Others – 15%
• By Region –North America – 22%, Europe– 45%, APAC - 26% , and the Rest of the World (ROW)- 7%

The major eGRC vendors are Microsoft (Washington, US), BWise (Rosmalen, Netherlands), SAS Institute Inc. (North Carolina, US), IBM Corporation (New York, U.S.), FIS (Florida, US), Thomson Reuters (New York, US), Wolters Kluwer (Alphen aan den Rijn, Netherlands), MetricStream Inc. (California, US), EMC Corporation (Massachusetts, US), Oracle (California, US), and SAP SE (Walldorf, Germany). 

Research Coverage
The eGRC market has been segmented on the basis of content types (software and services), deployment modes, business functions, organization sizes, verticals, and region. The eGRC solutions help IT governance directors/managers, end-users/consumers/enterprise users, and system integrators and resellers to meet the regulatory and compliance mandates. The eGRC market segmented on the basis of the content types include software and services. The software segment is further segmented into usage types and types of software. The services offered in the eGRC market include training and consulting, integration, and support. The deployment modes in eGRC market include the cloud and on-premises. The business functions are segmented into finance, IT, legal, and operations. The organization sizes are segmented into Small and Medium-Sized Businesses (SMBs) and enterprises. The verticals are segmented into Banking, Financial Services, and Insurance (BFSI), energy and utilities, healthcare, retail and consumer goods, telecom and IT, manufacturing, construction and engineering, government, mining and natural resources, transportation and logistics, and others (academia, media and entertainment, oil and gas, and tourism and hospitality). Finally, on the basis of regions, the eGRC market is segmented into North America, Europe, APAC, Middle East and Africa (MEA), and Latin America.

The report will help the market leaders and new entrants in the eGRC market in the following ways:
1. The report segments the market into various subsegments, hence it covers the market comprehensively. The report provides the closest approximations of the revenue numbers for the overall market and the subsegments. The market numbers are further split across different verticals and regions.
2. The report helps in understanding the overall growth of the market. It provides information on the key market drivers, restraints, challenges, and opportunities.
3. The report helps in understanding the competitors better and gaining more insights to strengthen the organization’s position in the market. The study also presents the positioning of the key players based on their product offerings and business strategies.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
    • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
      • Table UNITED STATES DOLLAR EXCHANGE RATE, 2014-2016
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • MICROQUADRANT RESEARCH METHODOLOGY
      • Table EVALUATION CRITERIA
      • VENDOR INCLUSION CRITERIA
    • RESEARCH ASSUMPTIONS
    • LIMITATIONS
  • EXECUTIVE SUMMARY
    • Table EGRC MARKET SIZE AND GROWTH RATE, 2015-2022 (USD BILLION, Y-O-Y%)
  • PREMIUM INSIGHTS
    • ATTRACTIVE MARKET OPPORTUNITIES IN THE EGRC MARKET
    • EGRC MARKET, BY VERTICAL, 2017-2022
    • LIFECYCLE ANALYSIS, BY REGION, 2017-2022
  • MARKET OVERVIEW
    • INTRODUCTION
    • FINANCIAL ACTS AND REGULATIONS
    • NON-FINANCIAL ACTS AND REGULATION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
  • EGRC MARKET ANALYSIS, BY COMPONENT
    • INTRODUCTION
      • Table EGRC MARKET SIZE, BY COMPONENT, 2015-2022 (USD MILLION)
    • SOFTWARE
      • Table SOFTWARE: EGRC MARKET SIZE, BY SOFTWARE TYPE, 2015-2022 (USD MILLION)
      • Table SOFTWARE: EGRC MARKET SIZE, BY SOFTWARE USAGE, 2015-2022 (USD MILLION)
      • SOFTWARE USAGE
      • SOFTWARE TYPE
        • Table POLICY MANAGEMENT MARKET SIZE, BY SOFTWARE USAGE, 2015-2022 (USD MILLION)
        • Table POLICY MANAGEMENT MARKET SIZE, BY BUSINESS FUNCTION, 2015-2022 (USD MILLION)
        • Table COMPLIANCE MANAGEMENT MARKET SIZE, BY SOFTWARE USAGE, 2015-2022 (USD MILLION)
        • Table COMPLIANCE MANAGEMENT MARKET SIZE, BY BUSINESS FUNCTION, 2015-2022 (USD MILLION)
        • Table AUDIT MANAGEMENT MARKET SIZE, BY SOFTWARE USAGE, 2015-2022 (USD MILLION)
        • Table AUDIT MANAGEMENT MARKET SIZE, BY BUSINESS FUNCTION, 2015-2022 (USD MILLION)
        • Table INCIDENT MANAGEMENT MARKET SIZE, BY SOFTWARE USAGE, 2015-2022 (USD MILLION)
        • Table INCIDENT MANAGEMENT MARKET SIZE, BY BUSINESS FUNCTION, 2015-2022 (USD MILLION)
        • Table RISK MANAGEMENT MARKET SIZE, BY SOFTWARE USAGE, 2015-2022 (USD MILLION)
        • Table RISK MANAGEMENT MARKET SIZE, BY BUSINESS FUNCTION, 2015-2022 (USD MILLION)
        • Table OTHERS EGRC MARKET SIZE, BY SOFTWARE USAGE, 2015-2022 (USD MILLION)
        • Table OTHERS EGRC MARKET SIZE, BY BUSINESS FUNCTION, 2015-2022 (USD MILLION)
    • SERVICES
      • Table EGRC MARKET SIZE, BY SERVICE, 2015-2022 (USD MILLION)
      • TRAINING AND CONSULTING
        • Table TRAINING AND CONSULTING: EGRC MARKET SIZE, BY BUSINESS FUNCTION, 2015-2022 (USD MILLION)
        • Table TRAINING AND CONSULTING: EGRC MARKET SIZE, BY ORGANIZATION SIZE, 2015-2022 (USD MILLION)
        • Table TRAINING AND CONSULTING: EGRC MARKET SIZE, BY VERTICAL, 2015-2022 (USD MILLION)
        • Table TRAINING AND CONSULTING: EGRC MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
      • SUPPORT
        • Table SUPPORT: EGRC MARKET SIZE, BY BUSINESS FUNCTION, 2015-2022 (USD MILLION)
        • Table SUPPORT: EGRC MARKET SIZE, BY ORGANIZATION SIZE, 2015-2022 (USD MILLION)
        • Table SUPPORT: EGRC MARKET SIZE, BY VERTICAL, 2015-2022 (USD MILLION)
        • Table SUPPORT: EGRC MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
      • INTEGRATION
        • Table INTEGRATION: EGRC MARKET SIZE, BY BUSINESS FUNCTION, 2015-2022 (USD MILLION)
        • Table INTEGRATION: EGRC MARKET SIZE, BY ORGANIZATION SIZE, 2015-2022 (USD MILLION)
        • Table INTEGRATION: EGRC MARKET SIZE, BY VERTICAL, 2015-2022 (USD MILLION)
        • Table INTEGRATION: EGRC MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
  • EGRC MARKET ANALYSIS, BY DEPLOYMENT MODE
    • INTRODUCTION
      • Table EGRC MARKET SIZE, BY DEPLOYMENT MODE, 2015-2022 (USD MILLION)
    • CLOUD
    • ON-PREMISES
  • EGRC MARKET ANALYSIS, BY ORGANIZATION SIZE
    • INTRODUCTION
      • Table EGRC MARKET SIZE, BY ORGANIZATION SIZE, 2015-2022 (USD MILLION)
    • ENTERPRISES
      • Table ENTERPRISES: EGRC MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
    • SMALL AND MEDIUM-SIZED BUSINESSES
      • Table SMALL AND MEDIUM-SIZED BUSINESSES: EGRC MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
  • EGRC MARKET ANALYSIS, BY BUSINESS FUNCTION
    • INTRODUCTION
      • Table EGRC MARKET SIZE, BY BUSINESS FUNCTION, 2015-2022 (USD MILLION)
    • FINANCE
    • INFORMATION TECHNOLOGY (IT)
    • LEGAL
    • OPERATIONS
  • EGRC MARKET ANALYSIS, BY VERTICAL
    • INTRODUCTION
      • Table EGRC MARKET SIZE, BY VERTICAL, 2015-2022 (USD MILLION)
    • BANKING, FINANCIAL SERVICES, AND INSURANCE
      • Table BANKING, FINANCIAL SERVICES, AND INSURANCE: EGRC MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
    • CONSTRUCTION AND ENGINEERING
      • Table CONSTRUCTION AND ENGINEERING: EGRC MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
    • ENERGY AND UTILITY
      • Table ENERGY AND UTILITY: EGRC MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
    • GOVERNMENT
      • Table GOVERNMENT: EGRC MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
    • HEALTHCARE
      • Table HEALTHCARE: EGRC MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
    • MANUFACTURING
      • Table MANUFACTURING: EGRC MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
    • MINING AND NATURAL RESOURCES
      • Table MINING AND NATURAL RESOURCES: EGRC MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
    • RETAIL AND CONSUMER GOODS
      • Table RETAIL AND CONSUMER GOODS: EGRC MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
    • TELECOM AND IT
      • Table TELECOM AND IT: EGRC MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
    • TRANSPORTATION AND LOGISTICS
      • Table TRANSPORTATION AND LOGISTICS: EGRC MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
    • OTHERS
      • Table OTHERS: EGRC MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
  • GEOGRAPHIC ANALYSIS
    • INTRODUCTION
      • Table EGRC MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
    • NORTH AMERICA
      • Table NORTH AMERICA: EGRC MARKET SIZE, BY COMPONENT, 2015-2022 (USD MILLION)
      • Table NORTH AMERICA: EGRC MARKET SIZE, BY SOFTWARE TYPE, 2015-2022 (USD MILLION)
      • Table NORTH AMERICA: EGRC MARKET SIZE, BY SOFTWARE USAGE, 2015-2022 (USD MILLION)
      • Table NORTH AMERICA: EGRC MARKET SIZE, BY SERVICE, 2015-2022 (USD MILLION)
      • Table NORTH AMERICA: EGRC MARKET SIZE, BY DEPLOYMENT MODE, 2015-2022 (USD MILLION)
      • Table NORTH AMERICA: EGRC MARKET SIZE, BY ORGANIZATION SIZE, 2015-2022 (USD MILLION)
      • Table NORTH AMERICA: EGRC MARKET SIZE, BY BUSINESS FUNCTION, 2015-2022 (USD MILLION)
      • Table NORTH AMERICA: EGRC MARKET SIZE, BY VERTICAL, 2015-2022 (USD MILLION)
    • EUROPE
      • Table EUROPE: EGRC MARKET SIZE, BY COMPONENT, 2015-2022 (USD MILLION)
      • Table EUROPE: EGRC MARKET SIZE, BY SOFTWARE TYPE, 2015-2022 (USD MILLION)
      • Table EUROPE: EGRC MARKET SIZE, BY SOFTWARE USAGE, 2015-2022 (USD MILLION)
      • Table EUROPE: EGRC MARKET SIZE, BY SERVICE, 2015-2022 (USD MILLION)
      • Table EUROPE: EGRC MARKET SIZE, BY DEPLOYMENT MODE, 2015-2022 (USD MILLION)
      • Table EUROPE: EGRC MARKET SIZE, BY ORGANIZATION SIZE, 2015-2022 (USD MILLION)
      • Table EUROPE: EGRC MARKET SIZE, BY BUSINESS FUNCTION, 2015-2022 (USD MILLION)
      • Table EUROPE: EGRC MARKET SIZE, BY VERTICAL, 2015-2022 (USD MILLION)
    • ASIA PACIFIC
      • Table ASIA PACIFIC: EGRC MARKET SIZE, BY COMPONENT, 2015-2022 (USD MILLION)
      • Table ASIA PACIFIC: EGRC MARKET SIZE, BY SOFTWARE TYPE, 2015-2022 (USD MILLION)
      • Table ASIA PACIFIC: EGRC MARKET SIZE, BY SOFTWARE USAGE, 2015-2022 (USD MILLION)
      • Table ASIA PACIFIC: EGRC MARKET SIZE, BY SERVICE, 2015-2022 (USD MILLION)
      • Table ASIA PACIFIC: EGRC MARKET SIZE, BY DEPLOYMENT MODE, 2015-2022 (USD MILLION)
      • Table ASIA PACIFIC: EGRC MARKET SIZE, BY ORGANIZATION SIZE, 2015-2022 (USD MILLION)
      • Table ASIA PACIFIC: EGRC MARKET SIZE, BY BUSINESS FUNCTION, 2015-2022 (USD MILLION)
      • Table ASIA PACIFIC: EGRC MARKET SIZE, BY VERTICAL, 2015-2022 (USD MILLION)
    • MIDDLE EAST AND AFRICA
      • Table MIDDLE EAST AND AFRICA: EGRC MARKET SIZE, BY COMPONENT, 2015-2022 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: EGRC MARKET SIZE, BY SOFTWARE TYPE, 2015-2022 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: EGRC MARKET SIZE, BY SOFTWARE USAGE, 2015-2022 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: EGRC MARKET SIZE, BY SERVICE, 2015-2022 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: EGRC MARKET SIZE, BY DEPLOYMENT MODE, 2015-2022 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: EGRC MARKET SIZE, BY ORGANIZATION SIZE, 2015-2022 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: EGRC MARKET SIZE, BY BUSINESS FUNCTION, 2015-2022 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: EGRC MARKET SIZE, BY VERTICAL, 2015-2022 (USD MILLION)
    • LATIN AMERICA
      • Table LATIN AMERICA: EGRC MARKET SIZE, BY COMPONENT, 2015-2022 (USD MILLION)
      • Table LATIN AMERICA: EGRC MARKET SIZE, BY SOFTWARE TYPE, 2015-2022 (USD MILLION)
      • Table LATIN AMERICA: EGRC MARKET SIZE, BY SOFTWARE USAGE, 2015-2022 (USD MILLION)
      • Table LATIN AMERICA: EGRC MARKET SIZE, BY SERVICE, 2015-2022 (USD MILLION)
      • Table LATIN AMERICA: EGRC MARKET SIZE, BY DEPLOYMENT MODE, 2015-2022 (USD MILLION)
      • Table LATIN AMERICA: EGRC MARKET SIZE, BY ORGANIZATION SIZE, 2015-2022 (USD MILLION)
      • Table LATIN AMERICA: EGRC MARKET SIZE, BY BUSINESS FUNCTION, 2015-2022 (USD MILLION)
      • Table LATIN AMERICA: EGRC MARKET SIZE, BY VERTICAL, 2015-2022 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • MICROQUADRANT OVERVIEW
      • VISIONARY LEADERS
      • INNOVATORS
      • DYNAMIC DIFFERENTIATORS
      • EMERGING COMPANIES
    • COMPETITIVE BENCHMARKING
      • BUSINESS STRATEGIES ADOPTED BY THE MAJOR PLAYERS IN THE EGRC MARKET
      • ANALYSIS OF PRODUCT PORTFOLIO OF THE MAJOR PLAYERS IN THE EGRC MARKET
        • Table MARKET RANKING FOR THE EGRC MARKET, 2017
  • COMPANY PROFILES
    • IBM
      • OVERVIEW
      • PRODUCT OFFERING SCORECARD
      • BUSINESS STRATEGY SCORECARD
      • RECENT DEVELOPMENTS
    • MICROSOFT
      • OVERVIEW
      • PRODUCT OFFERING SCORECARD
      • BUSINESS STRATEGY SCORECARD
      • RECENT DEVELOPMENTS
    • SAP
      • OVERVIEW
      • PRODUCT OFFERING SCORECARD
      • BUSINESS STRATEGY SCORECARD
      • RECENT DEVELOPMENTS
    • SAS
      • OVERVIEW
      • PRODUCT OFFERING SCORECARD
      • BUSINESS STRATEGY SCORECARD
      • RECENT DEVELOPMENTS
    • ORACLE
      • OVERVIEW
      • PRODUCT OFFERING SCORECARD
      • BUSINESS STRATEGY SCORECARD
      • RECENT DEVELOPMENTS
    • BWISE
      • OVERVIEW
      • PRODUCT OFFERING SCORECARD
      • BUSINESS STRATEGY SCORECARD
      • RECENT DEVELOPMENTS
    • FIS
      • OVERVIEW
      • PRODUCT OFFERING SCORECARD
      • BUSINESS STRATEGY SCORECARD
      • RECENT DEVELOPMENTS
    • WOLTERS KLUWER
      • OVERVIEW
      • PRODUCT OFFERING SCORECARD
      • BUSINESS STRATEGY SCORECARD
      • RECENT DEVELOPMENTS
    • METRICSTREAM
      • OVERVIEW
      • PRODUCT OFFERING SCORECARD
      • BUSINESS STRATEGY SCORECARD
      • RECENT DEVELOPMENTS
    • THOMSON REUTERS
      • OVERVIEW
      • PRODUCT OFFERING SCORECARD
      • BUSINESS STRATEGY SCORECARD
      • RECENT DEVELOPMENTS
    • EMC (A DELL COMPANY)
      • OVERVIEW
      • PRODUCT OFFERING SCORECARD
      • BUSINESS STRATEGY SCORECARD
      • RECENT DEVELOPMENTS
  • APPENDIX
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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