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eGRC Market Comprehensive Research Study, Historical Analysis and Growth Rate 2026

According to a research report "eGRC Market by Component (Software and Services), Software (Usage and Type), Type (Policy Management, Compliance Management, Audit Management, Incident Management, and Risk Management), Business Function, Vertical, and Region - Global Forecast to 2025" size is projected to grow from USD 32.6 billion in 2020 to USD 61.2 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 13.4%. In contrast, the post-COVID 19 global eGRC market size is projected to grow from USD 32.3 billion in 2020 to USD 60.8 billion by 2025, at a CAGR of 13.5% during the forecast period. The major factors responsible for the market growth include the growing need to meet stringent compliance mandates, get a holistic view of policy, risk and compliance data, and increasing data & security breaches. Moreover, the integration of Artificial Intelligence (AI) and blockchain technologies with Governance Risk Compliance (GRC) solutions is anticipated to provide opportunities for market growth.
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Found: 18.05.2022

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