Governance, Risk Management & Compliance Market
The governance, risk management & compliance market is also segmented into integrated, domain specific, and point solutions. The integrated solution provides an overall industrial solution to an organization. The domain specific offers solutions applicable to specific industry verticals in-line with the organizational goals. Point solutions provide are used to address the customer-specific challenges.
Transportation and logistics, IT, BFSI, construction and engineering, energy and utility, government, manufacturing, and retail are some of the major end users of the governance, risk management & compliance market. BFSI sector holds the major share due to the rising need among the financial institutes to mitigate the risk of cyber-attacks. The solutions are also used to maintain transparency in the system and provide customized services to end users.
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The rise in the use of Artificial Intelligence (AI)-enabled eGOVERNANCE, RISK MANAGEMENT & COMPLIANCE solutions and the adoption of the software-enabled businesses…
