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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 2022LONDON, July 20, 2017 /PRNewswire/ -- The Enterprise Governance, Risk, and Compliance (eGRC) market is projected to grow at a CAGR of 14.7% during the forecast period 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. Download the full report: https://www.reportbuyer.com/product/5009187/ About Reportbuyer Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers http://www.reportbuyer.com For more information: Sarah Smith Research Advisor at Reportbuyer.com Email: [email protected] Tel: +44 208 816 85 48 Website: www.reportbuyer.com SOURCE ReportBuyer |