DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "World Enterprise Governance, Risk, and Compliance (eGRC) Market by Solution - Opportunities and Forecast, 2014 - 2022" report to their offering.
The procedures, mechanisms and relations, which controls and directs corporation is termed as corporate governance, risk and compliance solution. Furthermore, good governance contributes to the success of an enterprise and ensures economic growth. Besides this, robust corporate governance helps investors maintain their confidence, owing to which, enterprises can raise funds efficiently. On the other hand, the enterprise governance, risk and compliance plays a vital role in reducing the capital cost. A positive impact too can be felt on the market share price. The solution adds to the brand formation and its development. It further makes sure an enterprise is controlled in a way that suits the best interest of everyone.
There are several drivers, restraints and opportunities shaping the future of the market. Rising number of risks against critical data are likely to increase the rate of adoption of compliance solutions across different business verticals. This, in turn is anticipated to accelerate the expansion of enterprise governance worldwide. However, lack of awareness about the benefits of enterprise governance, risks and compliance (also popular a e GRC) has hindered market growth. Business verticals such as telecom and information technology would open new avenues of growth for the enterprise governance, risk and compliance market is years to come.
Furthermore, the market is segmented based on solutions, services, end-customer, industries and geography.
Enterprise Governance, Risk, and Compliance Market By Solution
- Policy Management
- Risk Management
- Audit Management
Enterprise Governance, Risk, and Compliance Market By End -Customer
- Small and medium business enterprises
Enterprise Governance, Risk, and Compliance Market By Industries
- Media and Entertainment
For more information about this report visit http://www.researchandmarkets.com/research/q9g3vm/world_enterprise