Global eGRC Market Drivers, Restraints & Opportunities, 2019-2026 - ResearchAndMarkets.com

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Summary

The global eGRC market size was valued at $29,374.46 million in 2018, and is projected to reach $74.52 billion by 2026, growing at a CAGR of 12.40% from 2019 to 2026. In addition, a surge in penetration of IoT technology and rise in adoption of compliance & risk management software in financial institutions fuel the growth of the market. However, high cost of the software, complexities involved in installation & configuration of it, and associated security issues hamper the market growth. Conversely, rise in demand from developing economies and integration of artificial intelligence in risk & compliance management software are expected to provide remunerative opportunities for market expansion during the forecast period. Arval Implemented Qualys Solution For Different Security And Compliance Risks For more information about this report visit https://www.researchandmarkets.com/r/cpvmgp

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Governance, risk and compliance

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