거버넌스 리스크 컴플라이언스 플랫폼 시장 보고서 : 전개 모델, 솔루션, 컴포넌트, 서비스, 최종 사용자, 산업 분야, 지역별(2025-2033년)

The global governance, risk and compliance platform market size reached USD 49.2 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 127.7 Billion by 2033, exhibiting a growth rate (CAGR) of 11.18% during 2025-2033. The growing focus on mitigating risks to protect sensitive data and intellectual property in various sectors, rising number of cyberthreats, and changing regulatory frameworks and compliance requirements are some of the major factors propelling the market.

The governance, risk and compliance (GRC) platform is a comprehensive solution that enables organizations to effectively manage and oversee their operations while ensuring adherence to regulatory requirements and industry standards. It provides better decision-making and more accurate information technology (IT) investments. It assists in offering a centralized framework for assessing, monitoring, and mitigating risks across various business processes. As it aids in minimizing complexity for managers, and decreasing the costs of multiple installations, the demand for GRC is rising across the globe.

At present, the increasing adoption of GRC, as it enables businesses to maintain consistency in governance and compliance practices across various regions, is bolstering the growth of the market. Besides this, the growing adoption of GRC platforms among organizations for better decision-making is offering a positive market outlook. In line with this, the rising utilization of social media governance to efficiently communicate with clients, staff members, and customers in an organization is propelling the growth of the market. Apart from this, the increasing awareness about data privacy rights and regulations is contributing to the growth of the market. Furthermore, the rising adoption of GRC platforms, as they benefit in identifying the problems even before they occur and centralizing the entire program at one place, is strengthening the growth of the market.

Governance, Risk and Compliance Platform Market Trends/Drivers:

Rising focus on mitigating risks

The rising focus on mitigating risks in various organizations due to the increasing awareness among businesses to safeguard their operations, reputation, and assets, is contributing to the growth of the market. In addition, GRC platforms provide a complete view of risks across the organization and allow for proactive identification and mitigation. Apart from this, these platforms enable enhanced decision-making and effective risk management strategies by centralizing risk assessment, monitoring, and response. Furthermore, this proactive approach minimizes potential vulnerabilities and helps in maintaining overall business continuity. The rising need to mitigate operational risks and enhance decision-making processes is bolstering the growth of the market.

Increasing number of cyberthreats

The increasing number of cyberthreats across the globe is supporting the growth of the market. Moreover, the rising adoption of the GRC platform to protect sensitive data and intellectual property from misuse is propelling the growth of the market. In line with this, GRC platforms integrate cybersecurity practices into the broader risk management framework. Apart from this, these platforms enable organizations to strengthen their defenses and respond promptly to cyber incidents by offering real-time monitoring, threat detection, and incident response capabilities. Furthermore, the comprehensive nature of GRC platforms ensures that cybersecurity is an integral part of the overall risk management strategy of a business to reduce the chances of data breaches and their associated consequences.

Changing regulatory frameworks

The rising adoption of GRC platforms due to the changing regulatory environment is contributing to the growth of the market. Industries are continuously facing various regulations and compliance requirements. Organizations are navigating these complex frameworks to avoid legal and financial repercussions. Apart from this, GRC platforms offer a unified approach to manage and track compliance efforts and ensure that businesses stay up to date with the latest rules. In line with this, the automation of compliance processes within these platforms streamlines reporting and auditing and reduces the burden of manual tasks while enhancing accuracy and transparency, which is offering a positive market outlook.

Governance, Risk and Compliance Platform Industry Segmentation:

Breakup by Deployment Model:

On-Premises

Cloud

On-premises represent the largest market segment

Breakup by Solution:

Audit Management

Risk Management

Policy Management

Compliance Management

Others

Compliance management accounts for the majority of the market share

Breakup by Component:

Software

Services

Software holds the biggest market share

Breakup by Service:

Integration

Consulting

Support

Integration involves seamlessly connecting GRC platforms with an existing software ecosystem of an organization. Integration services ensure that the GRC solution interacts with various systems efficiently. This enables smooth data exchange and centralized access and enhances the efficiency of GRC processes.

Consulting services provide expert guidance to organizations seeking to implement GRC solutions effectively. Consultants assess unique requirements, recommend suitable GRC strategies, and assist in tailoring the platform to align with the objectives of an organization. They ensure that the GRC platform is configured to address specific risks within the industry.

Support services comprise ongoing assistance for GRC platforms. This includes technical support, troubleshooting, and updates to ensure that the platform operates optimally. Reliable support services are crucial for maintaining the functionality and security of the GRC solution and addressing any issues promptly to minimize disruptions.

Breakup by End-User:

Small Enterprise

Medium Enterprise

Large Enterprise

Medium enterprise dominates the market share

Breakup by Industry Vertical:

BFSI

Construction and Engineering

Energy and Utilities

Government

Healthcare

Manufacturing

Retail and Consumer Goods

Telecom and IT

Transportation and Logistics

Others

BFSI represents the biggest market segment

Breakup by Region:

North America

Europe

Asia Pacific

Middle East and Africa

Latin America

North America exhibits a clear dominance, accounting for the largest governance, risk and compliance platform market share

The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America, Asia Pacific, Europe, the Middle East and Africa, and Latin America. According to the report, North America accounted for the largest market share.

North America held the biggest market share due to the rising demand for GRC platforms to manage risks and ensure ethical practices. Moreover, the growing adoption of integrated data platforms by financial services is offering a positive market outlook. Apart from this, the rising demand for risk management solutions for fraud detection is contributing to the growth of the market. In addition, the increasing employment of GRC in financial institutions to streamline the financial data and gather useful insights is propelling the growth of the market.

Competitive Landscape:

Major manufacturers are continuously developing and enhancing their solutions to keep up with evolving regulatory landscapes and emerging risks. They are integrating advanced technologies, such as artificial intelligence (AI) and machine learning (ML), to provide predictive analytics and real-time monitoring and enable businesses to proactively identify potential risks and compliance gaps. In addition, companies are creating specialized GRC solutions tailored to specific industries to address the unique compliance requirements of various sectors. This approach ensures that organizations can effectively manage sector-specific risks and adhere to industry regulations. Apart from this, key players are working to ensure that their solutions can easily connect with enterprise resource planning (ERP), customer relationship management (CRM), and other systems.

The report has provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:

SAS Institute Inc.

IBM Corp

SAP SE

Dell Technologies

Microsoft Corporation

Fidelity National Information Services Inc.

Oracle Corporation

Thomson Reuters Corporation

Newport Consulting Group, LLC

BWise BV

Key Questions Answered in This Report

• 1. What was the size of the global governance, risk and compliance platform market in 2024?
• 2. What is the expected growth rate of the global governance, risk and compliance platform market during 2025-2033?
• 3. What are the key factors driving the global governance, risk and compliance platform market?
• 4. What has been the impact of COVID-19 on the global governance, risk and compliance platform market?
• 5. What is the breakup of the global governance, risk and compliance platform market based on the deployment model?
• 6. What is the breakup of the global governance, risk and compliance platform market based on the solution?
• 7. What is the breakup of the global governance, risk and compliance platform market based on the component?
• 8. What is the breakup of the global governance, risk and compliance platform market based on the service?
• 9. What is the breakup of the global governance, risk and compliance platform market based on the end user?
• 10. What is the breakup of the global governance, risk and compliance platform market based on the industry vertical?
• 11. What are the key regions in the global governance, risk and compliance platform market?
• 12. Who are the key players/companies in the global governance, risk and compliance platform market?

Table of Contents

1 Preface

2 Scope and Methodology

• 2.1 Objectives of the Study
• 2.2 Stakeholders
• 2.3 Data Sources
  • 2.3.1 Primary Sources
  • 2.3.2 Secondary Sources
• 2.4 Market Estimation
  • 2.4.1 Bottom-Up Approach
  • 2.4.2 Top-Down Approach
• 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

• 4.1 Overview
• 4.2 Key Industry Trends

5 Global Governance Risk and Compliance Platform Market

• 5.1 Market Overview
• 5.2 Market Performance
• 5.3 Impact of COVID-19
• 5.4 Market Breakup by Deployment Model
• 5.5 Market Breakup by Solution
• 5.6 Market Breakup by Component
• 5.7 Market Breakup by Service
• 5.8 Market Breakup by End-User
• 5.9 Market Breakup by Industry Vertical
• 5.10 Market Breakup by Region
• 5.11 Market Forecast

6 Market Breakup by Deployment Model

• 6.1 On-Premises
  • 6.1.1 Market Trends
  • 6.1.2 Market Forecast
• 6.2 Cloud
  • 6.2.1 Market Trends
  • 6.2.2 Market Forecast

7 Market Breakup by Solution

• 7.1 Audit Management
  • 7.1.1 Market Trends
  • 7.1.2 Market Forecast
• 7.2 Risk Management
  • 7.2.1 Market Trends
  • 7.2.2 Market Forecast
• 7.3 Policy Management
  • 7.3.1 Market Trends
  • 7.3.2 Market Forecast
• 7.4 Compliance Management
  • 7.4.1 Market Trends
  • 7.4.2 Market Forecast
• 7.5 Others
  • 7.5.1 Market Trends
  • 7.5.2 Market Forecast

8 Market Breakup by Component

• 8.1 Software
  • 8.1.1 Market Trends
  • 8.1.2 Market Forecast
• 8.2 Services
  • 8.2.1 Market Trends
  • 8.2.2 Market Forecast

9 Market Breakup by Service

• 9.1 Integration
  • 9.1.1 Market Trends
  • 9.1.2 Market Forecast
• 9.2 Consulting
  • 9.2.1 Market Trends
  • 9.2.2 Market Forecast
• 9.3 Support
  • 9.3.1 Market Trends
  • 9.3.2 Market Forecast

10 Market Breakup by End-User

• 10.1 Small Enterprise
  • 10.1.1 Market Trends
  • 10.1.2 Market Forecast
• 10.2 Medium Enterprise
  • 10.2.1 Market Trends
  • 10.2.2 Market Forecast
• 10.3 Large Enterprise
  • 10.3.1 Market Trends
  • 10.3.2 Market Forecast

11 Market Breakup by Industry Vertical

• 11.1 BFSI
  • 11.1.1 Market Trends
  • 11.1.2 Market Forecast
• 11.2 Construction and Engineering
  • 11.2.1 Market Trends
  • 11.2.2 Market Forecast
• 11.3 Energy and Utilities
  • 11.3.1 Market Trends
  • 11.3.2 Market Forecast
• 11.4 Government
  • 11.4.1 Market Trends
  • 11.4.2 Market Forecast
• 11.5 Healthcare
  • 11.5.1 Market Trends
  • 11.5.2 Market Forecast
• 11.6 Manufacturing
  • 11.6.1 Market Trends
  • 11.6.2 Market Forecast
• 11.7 Retail and Consumer Goods
  • 11.7.1 Market Trends
  • 11.7.2 Market Forecast
• 11.8 Telecom and IT
  • 11.8.1 Market Trends
  • 11.8.2 Market Forecast
• 11.9 Transportation and Logistics
  • 11.9.1 Market Trends
  • 11.9.2 Market Forecast
• 11.10 Others
  • 11.10.1 Market Trends
  • 11.10.2 Market Forecast

12 Market Breakup by Region

• 12.1 North America
  • 12.1.1 Market Trends
  • 12.1.2 Market Forecast
• 12.2 Europe
  • 12.2.1 Market Trends
  • 12.2.2 Market Forecast
• 12.3 Asia Pacific
  • 12.3.1 Market Trends
  • 12.3.2 Market Forecast
• 12.4 Middle East and Africa
  • 12.4.1 Market Trends
  • 12.4.2 Market Forecast
• 12.5 Latin America
  • 12.5.1 Market Trends
  • 12.5.2 Market Forecast

13 Global Governance Risk and Compliance Platform Industry: SWOT Analysis

• 13.1 Overview
• 13.2 Strengths
• 13.3 Weaknesses
• 13.4 Opportunities
• 13.5 Threats

14 Global Governance Risk and Compliance Platform Industry: Value Chain Analysis

15 Global Governance Risk and Compliance Platform Industry: Porters Five Forces Analysis

• 15.1 Overview
• 15.2 Bargaining Power of Buyers
• 15.3 Bargaining Power of Suppliers
• 15.4 Degree of Competition
• 15.5 Threat of New Entrants
• 15.6 Threat of Substitutes

16 Global Governance Risk and Compliance Platform Industry: Price Analysis

17 Competitive Landscape

• 17.1 Market Structure
• 17.2 Key Players
• 17.3 Profiles of Key Players
  • 17.3.1 SAS Institute Inc.
  • 17.3.2 IBM Corp
  • 17.3.3 SAP SE
  • 17.3.4 Dell Technologies
  • 17.3.5 Microsoft Corporation
  • 17.3.6 Fidelity National Information Services Inc.
  • 17.3.7 Oracle Corporation
  • 17.3.8 Thomson Reuters Corporation
  • 17.3.9 Newport Consulting Group, LLC
  • 17.3.10 BWise BV