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TMCNet:  eGRC Market Worth 43.87 Billion USD by 2022

[July 13, 2017]

eGRC Market Worth 43.87 Billion USD by 2022

PUNE, India, July 13, 2017 /PRNewswire/ --

According to a new market research the report�"eGRC Marketby Component (Services, Software), Deployment Mode (Cloud, On-Premises), Business Function (Finance, It, Legal, Operations), Organization Size, Vertical, Usage, and Region - Global Forecast to 2022", published by MarketsandMarkets�, the eGRC Market size is expected to grow from USD 22.14 Billion in 2017 to USD 43.87 Billion in 2022, at a Compound Annual Growth Rate (CAGR) of 14.7%.

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Browse 90 Market Data Tables and 41 Figures spread through 143 Pages and in-depth TOC on"eGRC Market"

http://www.marketsandmarkets.com/Market-Reports/enterprise-governance-risk-compliance-market-1310.html

Early buyers will receive 10% customization on this report

The continuous changes in corporate and government regulations, the increase in number of industries, and the growing business partnerships and associations are some of the major driving factors of the eGRC Market. Furthermore, the increasing Artificial Intelligence (AI)-enabled eGRC solutions and the rise in the software-enabled businesses are expected to provide opportunities for the growth of the eGRC Market.

Risk management software is expected to be the largest contributor in the global eGRC Market during the forecast period

Organizations are continuously under the risk of non-compliance penalties, financial crises from mismanagement of financial control, and asset losses, due to unexpected natural calamities. These risks need to be analyzed and monitored in order to plan the further action. Risk management solutions enable organizations to extract a better picture of their enterprise risks. Risk management is expected to be crucial in the years to come.

Request Report Brochure@ http://www.marketsandmarkets.com/pdfdownload.asp?id=1310 � �

The integration service is expected to show a significant growth rate during the forecast period

The demand for services is growing with the evolution of the eGRC Market. Specifically, integration services are expected to have a fast growth rate during the forecast period. The solutions offered by vendors need to be integrated to aail the industry best practices of the Governance, Risk, and Compliance (GRC) solutions. The market for integration services is expected to be growing faster owing to the need of deployment of GRC solutions either on cloud or on-premises.

North America is expected to have the largest market share during the forecast period

North America is the most competitive and rapidly changing eGRC Market in the world. North America, among all the regions, has shown the maximum adoption of eGRC solutions, due to its early implementation in a majority of the verticals. The US and Canada are projected to extensively implement eGRC solutions; North America is expected to have the highest market share.

The eGRC Market report encompasses the competitive landscape, which presents the positioning of the 25 key eGRC vendors, based on their product offerings and business strategies. Some of the major vendors are Microsoft (Washington, US), BWise (Rosmalen, Netherlands), SAS Institute Inc. (North Carolina, US), IBM Corporation (New York, US), 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).

Make an enquiry @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=1310

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Know More About our Knowledge Store @http://www.marketsandmarkets.com/Knowledgestore.asp

About MarketsandMarkets�

MarketsandMarkets� provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets� for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets� are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets� now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets� is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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SOURCE MarketsandMarkets


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