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June 4, 2019: The global enterprise governance, risk and compliance market size is expected to reach USD 64.62 billion by 2025, according to a new report by Grand View Research, Inc.

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 fulfill 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.

Moreover, in this challenging ecosystem, an integrated approach to GRC translates into bottom-line financial benefits for enterprises, which is anticipated to be a major factor driving market growth.Download sample Copy of This Report at: https://www.radiantinsights.com/research/enterprise-governance-risk-and-compliance-egrc-market/request-sample Enterprise governance, risk and compliance is vital for all industry verticals.

However, many organizations in BFSI, telecom, and manufacturing service industries are confronting significant losses as they have deployed systems that lack a holistic view of enterprise risks.

At the same time, the regulatory and corporate governance scenario is evolving continuously, thereby prompting such services and institutions to roll out a culture that emphasizes standard business practices and balanced risk-taking.Browse Full Report With TOC @ https://www.radiantinsights.com/research/enterprise-governance-risk-and-compliance-egrc-market In recent years, need for compliance management software has grown at a significant rate, which can be credited to the advent of myriad regulations by government bodies across various industries.

Enterprises that deliver GRC software are collaborating with various public as well as private organizations for developing and implementing software that can minimize damage caused by various risks within the business.BFSI sector accounted for a significant market share of over 20.0% in the enterprise GRC market in 2018.

Global Enterprise Governance, Risk and Compliance (eGRC) Market is anticipated to reach USD 64.61 billion by 2025.

The eGRC market is anticipated to grow at a healthy rate in the years to come.

Enterprise governance, risk and compliance (eGRC) is an innovative and a multifaceted method where the concerns associated with risk management, compliance issues, and corporate governance, are combined, aligned and closely associated strategic activities with a direct influence on business.On the other hand, the factors that may hamper the growth of the market include low awareness level concerning the advantages of enterprise governance, risks, and compliance.

Enterprise governance, risk and compliance (eGRC) industry is anticipated to grow at a significant CAGR of 12.8% in the upcoming period as the scope, product types, and its applications are increasing across the globe.

The market may be explored by component as Service, and Software.Download Free Sample Report @ https://www.millioninsights.com/industry-reports/enterprise-governance-risk-compliance-egrc-market/request-sampleEnterprise governance, risk and compliance (eGRC) industry may be explored by software as Compliance management, Audit management, Risk management, Incident management, Policy management, and others (IT GRC, Business continuity management, issue management, and financial control management).

The market may be explored by Business function as IT, Finance, Operations, and Legal.Enterprise governance, risk and compliance (eGRC) industry may be explored by industry verticals as Transportation and logistics, BFSI, Government, Construction and engineering, Healthcare, Energy and utilities, Manufacturing, Retail and consumer goods, Mining and natural resources, Telecom and IT, Others (Media and entertainment, academia, tourism and hospitality, and oil and gas).

The new Digital Risk Protection Market report offers a comprehensive study of the current scenario of the market including major market dynamics.

Also, it highlights the in-depth marketing research with the newest trends, drivers, and segments with reference to regional and country.

Further, this report profiles top key players and analyze their market share, strategic development, and other development across the world.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.

The major players in the digital risk protection market include Recorded Future, Inc., ZeroFOX, Inc., RiskIQ Inc., LookingGlass Cyber Solutions Inc., IntSights Cyber Intelligence, Inc, Axur, and Cyberint Technologies Ltd.

This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Digital Risk Protection Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/digital-risk-protection-market/download-sampleMarket DynamicsThe global digital risk protection market is projected to grow significantly during the forecast period.

Digital risk protection removes the need to establish costly internal security teams, allows businesses to scale their digital risk protection efforts rapidly and cost-effectively.