LONDON–(BUSINESS WIRE)–#GlobalGovernanceRiskandCompliancePlatformMarket–Technavio has been monitoring the governance risk and compliance platform market and it is poised to grow by $ 28.75 bn during 2020-2024, progressing at a CAGR of over 15% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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The market is concentrated, and the degree of concentration will accelerate during the forecast period. Mitratech Holdings Inc., Dell Technologies Inc., International Business Machines Corp., Microsoft Corp., NAVEX Global Inc., Newport Consulting Group LLC, Oracle Corp., SAI Global Pty. Ltd., SAP SE, SAS Institute Inc., and Thomson Reuters Corp. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Quick and easy deployment of GRC policies has been instrumental in driving the growth of the market. However, increasing data security concerns might hamper market growth.
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Governance Risk and Compliance Platform Market 2020-2024: Segmentation
Governance Risk and Compliance Platform Market is segmented as below:
- North America
- South America
Governance Risk and Compliance Platform Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The governance risk and compliance platform market report covers the following areas:
- Governance Risk and Compliance Platform Market Size
- Governance Risk and Compliance Platform Market Trends
- Governance Risk and Compliance Platform Market Industry Analysis
This study identifies the emergence of social media governance as one of the prime reasons driving the governance risk and compliance platform market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Governance Risk and Compliance Platform Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist governance risk and compliance platform market growth during the next five years
- Estimation of the governance risk and compliance platform market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the governance risk and compliance platform market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of governance risk and compliance platform market, vendors
Table of Contents:
- Market ecosystem
- Value chain analysis
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 – 2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Deployment
- Market segments
- Comparison by Deployment
- On-premise – Market size and forecast 2019-2024
- Cloud-based – Market size and forecast 2019-2024
- Market opportunity by Deployment
- Geographic segmentation
- Geographic comparison
- North America – Market size and forecast 2019-2024
- Europe – Market size and forecast 2019-2024
- APAC – Market size and forecast 2019-2024
- South America – Market size and forecast 2019-2024
- MEA – Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
- Market drivers – Demand led growth
- Market challenges
- Market trends
- Vendor landscape
- Landscape disruption
- Vendors covered
- Market positioning of vendors
- Mitratech Holdings Inc.
- Dell Technologies Inc.
- International Business Machines Corp.
- Microsoft Corp.
- NAVEX Global Inc.
- Oracle Corp.
- SAI Global Pty. Ltd.
- SAP SE
- SAS Institute Inc.
- Thomson Reuters Corp.
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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