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.

Market Trends

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:

Breakup by Deploying Model:

On-Premises
Cloud

Breakup by Solutions:

Audit Management
Risk Management
Policy Management
Compliance Management
Others

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Breakup by Component:

Software
Services

Breakup by Service:

Integration
Consulting
Support

Breakup by End User:

Small Enterprise
Medium Enterprise
Large Enterprise

Breakup by Vertical:

BFSI
Construction and Engineering
Energy and Utilities
Government
Healthcare
Manufacturing
Retail and Consumer Goods
Telecom and IT
Transportation and Logistics
Others

Breakup by Region:

Northeast
Midwest
South
West

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