The main driving factors for the eGRC market are the increasing use of data, the growing business collaborations, and the government regulations and compliance mandates.
In the software segment, by the type of software, the risk management software is expected to have the largest eGRC market share, whereas policy management software is expected to be the highest contributor during the forecast period. Risk management solutions follow a top-down and bottom-up approach to roll-up the risk logs and correspondingly analyze, measure, and define various levels of risks, for organizations and Enterprises, and thereafter formulate automated designs to normalize any existing risks. Additionally, it helps organizations with documentation, workflow management, and reporting and remediation of risks.

Market Analysis and Insights: Global eGRC Market
The global eGRC market size is projected to reach US$ 38160 million by 2027, from US$ 25530 million in 2020, at a CAGR of 5.8% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global eGRC market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global eGRC market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global eGRC market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global eGRC market.

Global eGRC Scope and Market Size
eGRC market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global eGRC market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Audit Management
Compliance Management
Risk Management
Policy Management
Incident Management
Others

Segment by Application
Finance
IT
Legal
Operations

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
IBM
Microsoft
SAp
SAS
Oracle
Bwise
FIS
Wolters Kluwer
Metricstream
Thomson Reuters
EMC (A Dell Company)