Global Governance Risk and Compliance Platform Market 2020-2024 Estimated to Grow at 15% CAGR

ReportLinker offers a new market research report on the governance risk and compliance platform market’. According to ReportLinker the market is poised to grow by $ 28.75 bn during 2020-2024 progressing at a CAGR of 15% during the forecast period. Our reports on governance risk and compliance platform market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increased need to comply with regulatory requirements, exponential growth in corporate data, and quick and easy deployment of GRC policies. In addition, increased need to comply with regulatory requirements is anticipated to boost the growth of the market as well.

This study identifies the integration of GRC platform with third platform technologies as one of the prime reasons driving the governance risk and compliance platform market growth during the next few years. Also, rise of cloud-based e-discovery solution market and emergence of social media governance will lead to sizable demand in the market.
The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our governance risk and compliance platform market covers the following areas: