DUBLIN–(BUSINESS WIRE)–The “Enterprise Governance, Risk and Compliance (EGRC) Market Analysis Report By Component, By Software, By Service (Integration, Consulting, Support), By Enterprise Type, By Vertical, And Segment Forecasts, 2019 – 2025” report has been added to ResearchAndMarkets.com’s offering.
The global enterprise governance, risk and compliance market size is expected to reach USD 64.62 billion by 2025 and is anticipated to exhibit a CAGR of 12.9% over the forecast period.
Implementation of stringent regulations by governments across various verticals such as BFSI, telecom/IT, retail, and consumer goods has necessitated organizations to adopt enterprise Governance, Risk and Compliance (GRC) solutions that fulfil the need for compliance, audit, and risk management, among others.
For instance, in recent years, banks have spent aggressively to ensure compliance to enforcement of stringent laws. Some of the laws and regulations include the Dodd-Frank Act, BASEL III, Sarbanes-Oxley Act, Payment Card Industry Data Security Standard (PCI DSS), and Gramm-Leach-Bliley Act (GLBA). Moreover, in this challenging ecosystem, an integrated approach to GRC…
