The global market for Governance Risk and Compliance Platform was estimated to be worth US$ 18289 million in 2024 and is forecast to a readjusted size of US$ 34523 million by 2031 with a CAGR of 9.1% during the forecast period 2025-2031.
Governance, Risk Management and Compliance (GRC) is defined as an integrated, holistic approach to organisation-wide governance, risk and compliance ensuring that an organisation acts ethically correct and in accordance with its risk appetite, internal policies and external regulations through the alignment of strategy, processes, technology and people, thereby improving efficiency and effectiveness.
The global Governance, Risk, and Compliance (GRC) market has been experiencing robust growth, driven by increasing regulatory requirements, the complexity of business operations, and the rising importance of risk management and compliance in today's globalized economy.
Global Regulatory Environment: Organizations across the globe are facing more stringent regulatory environments, with new regulations continuously emerging across different industries and regions. This complexity drives the demand for advanced GRC solutions to ensure compliance and manage risks efficiently.
Sector-Specific Regulations: Industries such as financial services, healthcare, and energy face highly specific regulations (e.g., GDPR in the EU, HIPAA in the U.S., and Basel III in banking). Companies in these sectors are increasingly adopting GRC solutions to navigate and comply with these regulations.
Global key players of Governance Risk and Compliance Platform include IBM, Wolters Kluwer, Oracle and SAP, etc. Global top four manufacturers hold a share over 30%. North America is the largest market of Governance Risk and Compliance Platform, with a share nearly 40%, followed by Asia-Pacific and Europe.
This report aims to provide a comprehensive presentation of the global market for Governance Risk and Compliance Platform, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of Governance Risk and Compliance Platform by region & country, by Type, and by Application.
The Governance Risk and Compliance Platform market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Governance Risk and Compliance Platform.
Market Segmentation
By Company
- IBM
- RSA Security
- SAP
- Oracle
- Software AG
- LogicManager
- Riskonnect
- Diligent (Galvanize)
- SAI Global
- MetricStream
- SAS Institute
- Wolters Kluwer
- Check Point Software
- MEGA International
- Resolver
- NAVEX Global (Lockpath)
- ProcessGene
- Aravo
- ReadiNow
- LogicGate
- Reciprocity ZenGRC
Segment by Type
Segment by Application
By Region
- North America
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia-Pacific
- Europe
- Germany
- France
- U.K.
- Italy
- Netherlands
- Nordic Countries
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size. This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Governance Risk and Compliance Platform company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Revenue of Governance Risk and Compliance Platform in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Revenue of Governance Risk and Compliance Platform in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Table of Contents
1 Market Overview
- 1.1 Governance Risk and Compliance Platform Product Introduction
- 1.2 Global Governance Risk and Compliance Platform Market Size Forecast (2020-2031)
- 1.3 Governance Risk and Compliance Platform Market Trends & Drivers
- 1.3.1 Governance Risk and Compliance Platform Industry Trends
- 1.3.2 Governance Risk and Compliance Platform Market Drivers & Opportunity
- 1.3.3 Governance Risk and Compliance Platform Market Challenges
- 1.3.4 Governance Risk and Compliance Platform Market Restraints
- 1.4 Assumptions and Limitations
- 1.5 Study Objectives
- 1.6 Years Considered
2 Competitive Analysis by Company
- 2.1 Global Governance Risk and Compliance Platform Players Revenue Ranking (2024)
- 2.2 Global Governance Risk and Compliance Platform Revenue by Company (2020-2025)
- 2.3 Key Companies Governance Risk and Compliance Platform Manufacturing Base Distribution and Headquarters
- 2.4 Key Companies Governance Risk and Compliance Platform Product Offered
- 2.5 Key Companies Time to Begin Mass Production of Governance Risk and Compliance Platform
- 2.6 Governance Risk and Compliance Platform Market Competitive Analysis
- 2.6.1 Governance Risk and Compliance Platform Market Concentration Rate (2020-2025)
- 2.6.2 Global 5 and 10 Largest Companies by Governance Risk and Compliance Platform Revenue in 2024
- 2.6.3 Global Top Companies by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Governance Risk and Compliance Platform as of 2024)
- 2.7 Mergers & Acquisitions, Expansion
3 Segmentation by Type
- 3.1 Introduction by Type
- 3.1.1 Cloud-based
- 3.1.2 On-premise
- 3.2 Global Governance Risk and Compliance Platform Sales Value by Type
- 3.2.1 Global Governance Risk and Compliance Platform Sales Value by Type (2020 VS 2024 VS 2031)
- 3.2.2 Global Governance Risk and Compliance Platform Sales Value, by Type (2020-2031)
- 3.2.3 Global Governance Risk and Compliance Platform Sales Value, by Type (%) (2020-2031)
4 Segmentation by Application
- 4.1 Introduction by Application
- 4.1.1 Large Enterprises
- 4.1.2 SMEs
- 4.2 Global Governance Risk and Compliance Platform Sales Value by Application
- 4.2.1 Global Governance Risk and Compliance Platform Sales Value by Application (2020 VS 2024 VS 2031)
- 4.2.2 Global Governance Risk and Compliance Platform Sales Value, by Application (2020-2031)
- 4.2.3 Global Governance Risk and Compliance Platform Sales Value, by Application (%) (2020-2031)
5 Segmentation by Region
- 5.1 Global Governance Risk and Compliance Platform Sales Value by Region
- 5.1.1 Global Governance Risk and Compliance Platform Sales Value by Region: 2020 VS 2024 VS 2031
- 5.1.2 Global Governance Risk and Compliance Platform Sales Value by Region (2020-2025)
- 5.1.3 Global Governance Risk and Compliance Platform Sales Value by Region (2026-2031)
- 5.1.4 Global Governance Risk and Compliance Platform Sales Value by Region (%), (2020-2031)
- 5.2 North America
- 5.2.1 North America Governance Risk and Compliance Platform Sales Value, 2020-2031
- 5.2.2 North America Governance Risk and Compliance Platform Sales Value by Country (%), 2024 VS 2031
- 5.3 Europe
- 5.3.1 Europe Governance Risk and Compliance Platform Sales Value, 2020-2031
- 5.3.2 Europe Governance Risk and Compliance Platform Sales Value by Country (%), 2024 VS 2031
- 5.4 Asia Pacific
- 5.4.1 Asia Pacific Governance Risk and Compliance Platform Sales Value, 2020-2031
- 5.4.2 Asia Pacific Governance Risk and Compliance Platform Sales Value by Region (%), 2024 VS 2031
- 5.5 South America
- 5.5.1 South America Governance Risk and Compliance Platform Sales Value, 2020-2031
- 5.5.2 South America Governance Risk and Compliance Platform Sales Value by Country (%), 2024 VS 2031
- 5.6 Middle East & Africa
- 5.6.1 Middle East & Africa Governance Risk and Compliance Platform Sales Value, 2020-2031
- 5.6.2 Middle East & Africa Governance Risk and Compliance Platform Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
- 6.1 Key Countries/Regions Governance Risk and Compliance Platform Sales Value Growth Trends, 2020 VS 2024 VS 2031
- 6.2 Key Countries/Regions Governance Risk and Compliance Platform Sales Value, 2020-2031
- 6.3 United States
- 6.3.1 United States Governance Risk and Compliance Platform Sales Value, 2020-2031
- 6.3.2 United States Governance Risk and Compliance Platform Sales Value by Type (%), 2024 VS 2031
- 6.3.3 United States Governance Risk and Compliance Platform Sales Value by Application, 2024 VS 2031
- 6.4 Europe
- 6.4.1 Europe Governance Risk and Compliance Platform Sales Value, 2020-2031
- 6.4.2 Europe Governance Risk and Compliance Platform Sales Value by Type (%), 2024 VS 2031
- 6.4.3 Europe Governance Risk and Compliance Platform Sales Value by Application, 2024 VS 2031
- 6.5 China
- 6.5.1 China Governance Risk and Compliance Platform Sales Value, 2020-2031
- 6.5.2 China Governance Risk and Compliance Platform Sales Value by Type (%), 2024 VS 2031
- 6.5.3 China Governance Risk and Compliance Platform Sales Value by Application, 2024 VS 2031
- 6.6 Japan
- 6.6.1 Japan Governance Risk and Compliance Platform Sales Value, 2020-2031
- 6.6.2 Japan Governance Risk and Compliance Platform Sales Value by Type (%), 2024 VS 2031
- 6.6.3 Japan Governance Risk and Compliance Platform Sales Value by Application, 2024 VS 2031
- 6.7 South Korea
- 6.7.1 South Korea Governance Risk and Compliance Platform Sales Value, 2020-2031
- 6.7.2 South Korea Governance Risk and Compliance Platform Sales Value by Type (%), 2024 VS 2031
- 6.7.3 South Korea Governance Risk and Compliance Platform Sales Value by Application, 2024 VS 2031
- 6.8 Southeast Asia
- 6.8.1 Southeast Asia Governance Risk and Compliance Platform Sales Value, 2020-2031
- 6.8.2 Southeast Asia Governance Risk and Compliance Platform Sales Value by Type (%), 2024 VS 2031
- 6.8.3 Southeast Asia Governance Risk and Compliance Platform Sales Value by Application, 2024 VS 2031
- 6.9 India
- 6.9.1 India Governance Risk and Compliance Platform Sales Value, 2020-2031
- 6.9.2 India Governance Risk and Compliance Platform Sales Value by Type (%), 2024 VS 2031
- 6.9.3 India Governance Risk and Compliance Platform Sales Value by Application, 2024 VS 2031
7 Company Profiles
- 7.1 IBM
- 7.1.1 IBM Profile
- 7.1.2 IBM Main Business
- 7.1.3 IBM Governance Risk and Compliance Platform Products, Services and Solutions
- 7.1.4 IBM Governance Risk and Compliance Platform Revenue (US$ Million) & (2020-2025)
- 7.1.5 IBM Recent Developments
- 7.2 RSA Security
- 7.2.1 RSA Security Profile
- 7.2.2 RSA Security Main Business
- 7.2.3 RSA Security Governance Risk and Compliance Platform Products, Services and Solutions
- 7.2.4 RSA Security Governance Risk and Compliance Platform Revenue (US$ Million) & (2020-2025)
- 7.2.5 RSA Security Recent Developments
- 7.3 SAP
- 7.3.1 SAP Profile
- 7.3.2 SAP Main Business
- 7.3.3 SAP Governance Risk and Compliance Platform Products, Services and Solutions
- 7.3.4 SAP Governance Risk and Compliance Platform Revenue (US$ Million) & (2020-2025)
- 7.3.5 SAP Recent Developments
- 7.4 Oracle
- 7.4.1 Oracle Profile
- 7.4.2 Oracle Main Business
- 7.4.3 Oracle Governance Risk and Compliance Platform Products, Services and Solutions
- 7.4.4 Oracle Governance Risk and Compliance Platform Revenue (US$ Million) & (2020-2025)
- 7.4.5 Oracle Recent Developments
- 7.5 Software AG
- 7.5.1 Software AG Profile
- 7.5.2 Software AG Main Business
- 7.5.3 Software AG Governance Risk and Compliance Platform Products, Services and Solutions
- 7.5.4 Software AG Governance Risk and Compliance Platform Revenue (US$ Million) & (2020-2025)
- 7.5.5 Software AG Recent Developments
- 7.6 LogicManager
- 7.6.1 LogicManager Profile
- 7.6.2 LogicManager Main Business
- 7.6.3 LogicManager Governance Risk and Compliance Platform Products, Services and Solutions
- 7.6.4 LogicManager Governance Risk and Compliance Platform Revenue (US$ Million) & (2020-2025)
- 7.6.5 LogicManager Recent Developments
- 7.7 Riskonnect
- 7.7.1 Riskonnect Profile
- 7.7.2 Riskonnect Main Business
- 7.7.3 Riskonnect Governance Risk and Compliance Platform Products, Services and Solutions
- 7.7.4 Riskonnect Governance Risk and Compliance Platform Revenue (US$ Million) & (2020-2025)
- 7.7.5 Riskonnect Recent Developments
- 7.8 Diligent (Galvanize)
- 7.8.1 Diligent (Galvanize) Profile
- 7.8.2 Diligent (Galvanize) Main Business
- 7.8.3 Diligent (Galvanize) Governance Risk and Compliance Platform Products, Services and Solutions
- 7.8.4 Diligent (Galvanize) Governance Risk and Compliance Platform Revenue (US$ Million) & (2020-2025)
- 7.8.5 Diligent (Galvanize) Recent Developments
- 7.9 SAI Global
- 7.9.1 SAI Global Profile
- 7.9.2 SAI Global Main Business
- 7.9.3 SAI Global Governance Risk and Compliance Platform Products, Services and Solutions
- 7.9.4 SAI Global Governance Risk and Compliance Platform Revenue (US$ Million) & (2020-2025)
- 7.9.5 SAI Global Recent Developments
- 7.10 MetricStream
- 7.10.1 MetricStream Profile
- 7.10.2 MetricStream Main Business
- 7.10.3 MetricStream Governance Risk and Compliance Platform Products, Services and Solutions
- 7.10.4 MetricStream Governance Risk and Compliance Platform Revenue (US$ Million) & (2020-2025)
- 7.10.5 MetricStream Recent Developments
- 7.11 SAS Institute
- 7.11.1 SAS Institute Profile
- 7.11.2 SAS Institute Main Business
- 7.11.3 SAS Institute Governance Risk and Compliance Platform Products, Services and Solutions
- 7.11.4 SAS Institute Governance Risk and Compliance Platform Revenue (US$ Million) & (2020-2025)
- 7.11.5 SAS Institute Recent Developments
- 7.12 Wolters Kluwer
- 7.12.1 Wolters Kluwer Profile
- 7.12.2 Wolters Kluwer Main Business
- 7.12.3 Wolters Kluwer Governance Risk and Compliance Platform Products, Services and Solutions
- 7.12.4 Wolters Kluwer Governance Risk and Compliance Platform Revenue (US$ Million) & (2020-2025)
- 7.12.5 Wolters Kluwer Recent Developments
- 7.13 Check Point Software
- 7.13.1 Check Point Software Profile
- 7.13.2 Check Point Software Main Business
- 7.13.3 Check Point Software Governance Risk and Compliance Platform Products, Services and Solutions
- 7.13.4 Check Point Software Governance Risk and Compliance Platform Revenue (US$ Million) & (2020-2025)
- 7.13.5 Check Point Software Recent Developments
- 7.14 MEGA International
- 7.14.1 MEGA International Profile
- 7.14.2 MEGA International Main Business
- 7.14.3 MEGA International Governance Risk and Compliance Platform Products, Services and Solutions
- 7.14.4 MEGA International Governance Risk and Compliance Platform Revenue (US$ Million) & (2020-2025)
- 7.14.5 MEGA International Recent Developments
- 7.15 Resolver
- 7.15.1 Resolver Profile
- 7.15.2 Resolver Main Business
- 7.15.3 Resolver Governance Risk and Compliance Platform Products, Services and Solutions
- 7.15.4 Resolver Governance Risk and Compliance Platform Revenue (US$ Million) & (2020-2025)
- 7.15.5 Resolver Recent Developments
- 7.16 NAVEX Global (Lockpath)
- 7.16.1 NAVEX Global (Lockpath) Profile
- 7.16.2 NAVEX Global (Lockpath) Main Business
- 7.16.3 NAVEX Global (Lockpath) Governance Risk and Compliance Platform Products, Services and Solutions
- 7.16.4 NAVEX Global (Lockpath) Governance Risk and Compliance Platform Revenue (US$ Million) & (2020-2025)
- 7.16.5 NAVEX Global (Lockpath) Recent Developments
- 7.17 ProcessGene
- 7.17.1 ProcessGene Profile
- 7.17.2 ProcessGene Main Business
- 7.17.3 ProcessGene Governance Risk and Compliance Platform Products, Services and Solutions
- 7.17.4 ProcessGene Governance Risk and Compliance Platform Revenue (US$ Million) & (2020-2025)
- 7.17.5 ProcessGene Recent Developments
- 7.18 Aravo
- 7.18.1 Aravo Profile
- 7.18.2 Aravo Main Business
- 7.18.3 Aravo Governance Risk and Compliance Platform Products, Services and Solutions
- 7.18.4 Aravo Governance Risk and Compliance Platform Revenue (US$ Million) & (2020-2025)
- 7.18.5 Aravo Recent Developments
- 7.19 ReadiNow
- 7.19.1 ReadiNow Profile
- 7.19.2 ReadiNow Main Business
- 7.19.3 ReadiNow Governance Risk and Compliance Platform Products, Services and Solutions
- 7.19.4 ReadiNow Governance Risk and Compliance Platform Revenue (US$ Million) & (2020-2025)
- 7.19.5 ReadiNow Recent Developments
- 7.20 LogicGate
- 7.20.1 LogicGate Profile
- 7.20.2 LogicGate Main Business
- 7.20.3 LogicGate Governance Risk and Compliance Platform Products, Services and Solutions
- 7.20.4 LogicGate Governance Risk and Compliance Platform Revenue (US$ Million) & (2020-2025)
- 7.20.5 LogicGate Recent Developments
- 7.21 Reciprocity ZenGRC
- 7.21.1 Reciprocity ZenGRC Profile
- 7.21.2 Reciprocity ZenGRC Main Business
- 7.21.3 Reciprocity ZenGRC Governance Risk and Compliance Platform Products, Services and Solutions
- 7.21.4 Reciprocity ZenGRC Governance Risk and Compliance Platform Revenue (US$ Million) & (2020-2025)
- 7.21.5 Reciprocity ZenGRC Recent Developments
8 Industry Chain Analysis
- 8.1 Governance Risk and Compliance Platform Industrial Chain
- 8.2 Governance Risk and Compliance Platform Upstream Analysis
- 8.2.1 Key Raw Materials
- 8.2.2 Raw Materials Key Suppliers
- 8.2.3 Manufacturing Cost Structure
- 8.3 Midstream Analysis
- 8.4 Downstream Analysis (Customers Analysis)
- 8.5 Sales Model and Sales Channels
- 8.5.1 Governance Risk and Compliance Platform Sales Model
- 8.5.2 Sales Channel
- 8.5.3 Governance Risk and Compliance Platform Distributors
9 Research Findings and Conclusion
10 Appendix
- 10.1 Research Methodology
- 10.1.1 Methodology/Research Approach
- 10.1.1.1 Research Programs/Design
- 10.1.1.2 Market Size Estimation
- 10.1.1.3 Market Breakdown and Data Triangulation
- 10.1.2 Data Source
- 10.1.2.1 Secondary Sources
- 10.1.2.2 Primary Sources
- 10.2 Author Details
- 10.3 Disclaimer