United States Governance, Risk and Compliance Platform Market Trends, Demand and Business Opportunities 2025
According to the latest report by IMARC Group, titled, “United States Governance, Risk and Compliance Platform Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025", the United States governance, risk and compliance platform market is expected to continue its strong growth during the forecast period (2020-2025).
The governance, risk, and compliance (GRC) platform assists an organization to manage its corporate governance, enterprise risks, and compliance regarding numerous regulatory requirements. It improves decision making about IT investments, helps in excluding silos, and minimizing fragmentation in various departments. GRC can be implemented via an on-premises solution or cloud-based services.
The increasing adoption of GRC solutions across several organizations to deploy performance enhancement measures is primarily catalyzing the market growth in the United States. Various financial service providers are extensively using integrated data platforms to streamline their data sources and obtain useful insights on customer behavior, thereby augmenting the demand for the GRC platform. Moreover, the sudden outbreak of the COVID-19 pandemic has led to the adoption of remote working models by numerous organizations across the country. This has catalyzed the need for advanced systems, such as the GRC platform, for enabling organizations to understand the prevailing market scenarios and assist them in taking calculated risks.
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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
United States Governance, Risk and Compliance Platform Market 2020-2025 Analysis and Segmentation:
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Construction and Engineering
Energy and Utilities
Retail and Consumer Goods
Telecom and IT
Transportation and Logistics
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