Market Research Report
Global Governance, Risk, and Compliance (GRC) Platform Market 2015-2019
|Published by||TechNavio (Infiniti Research Ltd.)||Product code||265377|
|Published||Content info||55 Pages
|Global Governance, Risk, and Compliance (GRC) Platform Market 2015-2019|
|Published: September 2, 2015||Content info: 55 Pages||
GRC platform is an umbrella term used to cover the approach of an organization toward the three areas: governance, risk, and compliance. Governance can be defined as the boundaries within which an organization should operate. It focuses on providing definitions for an organization's code of conduct to ensure compliance. Risk management consists of developing strategies for tackling the risks to which an organization is exposed. Its framework involves identification, assessment, evaluation, and potential solutions for risks. Compliance focuses on adhering to external requirements such as wider corporate policies, laws, and regulations. GRC platform enables organizations to reinvent themselves, develop a more economical cost structure, and increase overall efficiency.
Technavio's analysts forecast the global GRC platform market to grow at a CAGR of 8.35% over the period 2014-2019.
The report covers the current scenario and the growth prospects of the global GRC platform market for the period of 2015-2019. To calculate the market size, the report considers revenue generated from the on-premise, SaaS, and hosted GRC platform services segments.
Technavio's report, Global GRC Platform Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA; it also covers the landscape of the market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.