Global EGRC Market Analysis
Market Size and Growth:
The global EGRC market was valued at US$ 17.32 Bn. in 2023 and is projected to reach US$ 40.5 Bn. by 2030, growing at a compound annual growth rate (CAGR) of 12.9% during the forecast period.
Market Overview:
This comprehensive market study examines current and emerging trends, as well as dynamics within the global EGRC market. The report provides detailed market forecasts for key segments from 2021 to 2027. Extensive analysis is conducted by monitoring the positions of key products and main competitors within the market. To understand the competitive landscape, major players are profiled and their strategies thoroughly evaluated.
Market Scope:
The analysis includes an up-to-date review of the current EGRC market landscape, highlighting recent trends, drivers, and an overview of the overall market environment. Increasing demand for EGRC is a significant driver of market growth. The report covers various aspects including technology, end-user, and type segments, as well as the geographical landscape.
Drivers and Restraints:
The report also identifies major drivers and restraints impacting the EGRC market.
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Segmentation
The market research provides quantitative insights that illustrate the potential of the global market across various categories, along with country-specific analyses.
by Component
Software
Services
by Deployment
On-Premises
Cloud
by Organization Size
Small & Medium Enterprises
Large Enterprises
by Usage
Internal
External
by Business Function
Finance
IT
Legal
Operations
Key Players:
Key factors influencing the market are explored, and detailed company profiles of major players
Key Players in North America
1. IBM Corporation (New York, United States)
2. Microsoft Corporation (New Mexico, United States)
3. Oracle Corporation (California, United States)
4. RSA Security LLC (Massachusetts, United States)
5. MetricStream Inc. (California, United States)
6. Dell Technologies (Texas, United States)
7. FIS (Florida, United States)
8. SAI Global (Illinois, United States)
9. NAVEX Global, Inc. (Oregon, United States)
10. LogicManager (Massachusetts, United States)
Key Players in Europe
11. SAP SE (Walldorf, Germany)
12. Software AG (Darmstadt, Germany)
13. Thomson Reuters Corporation (Toronto, Canada)
14. Wolters Kluwer N.V. (Alphen aan den Rijn, Netherlands)
15. Ideagen Plc (Nottingham, United Kingdom)
16. OneTrust, LLC (Georgia, United States)
17. Alyne (Munich, Germany)
Key Players in Asia Pacific
18. Infosys Limited (Bengaluru, India)
19. Blue Umbrella Limited (Quarry Bay, Hong Kong)
Key Players in the Middle East and Africa
20. ProcessGene (Israel)
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Regional Analysis:
The regional segment of the EGRC market study includes factors influencing the market and changes in laws that affect current and future trends. Analysis includes value chain assessments, technology trends, Porter's Five Forces analysis, and case studies. Availability and competition from global and local players are considered when examining regional projections.
COVID-19 Impact Analysis:
The COVID-19 pandemic significantly impacted the global EGRC industry. Production facilities were halted due to the economic downturn and workforce shortages. The pandemic caused a prolonged decrease in production utilization, and travel restrictions kept personnel from facilities, slowing market growth in 2020. However, this negative impact is expected to be temporary, with the market projected to recover significantly by early 2021 due to increased demand for EGRC .
Key Questions Answered in the Report:
- Which segment accounted for the largest share in the EGRC market?
- What was the competitive scenario of the EGRC market in 2020?
- What are the key factors driving growth in the EGRC market?
- Which region held the maximum share in the EGRC market in 2020?
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