The enterprise eGRC market is expected to grow

2021-04-16 03:00

The enterprise governance, risk, and compliance market is expected to register a CAGR of 12.5% in the forecast period.

Enterprise GRC helps organizations anticipate, understand, and holistically manage their risks.

Only 36% of organizations have a formal enterprise risk management program.

Risk management is expected to account for the highest market share in terms of overall revenue amongst the other software solutions in the eGRC market.

Risk management helps enterprises avert breaches and make sure that any risk associated with the activities of the enterprise is identified and addressed in a way that supports the organization's business goals.

eGRC help organizations manage risk across an enterprise and prepare safeguards those against risks.

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