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The Asia Pacific governance, risk and compliance platform market exhibited robust growth during 2015-2020. Looking forward, IMARC Group expects the market to continue its strong growth during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Governance, risk, and compliance (GRC) is a platform that coordinates strategy for various organizations to manage corporate governance, enterprise risk management (ERM), and corporate compliance regarding regulatory requirements. The platform provides effective, ethical management of companies by its executives and managers. GRC also offers full information and defines the company’s ability to effectively and cost-efficiently mitigate risks that hinder operations in the competitive market.
The Asia Pacific GRC market is primarily driven by increasing competition in the business environment. GRC platforms provide a competitive advantage to organizations in order to survive in this competition. They also help in closely monitoring the performance and review the policy of the organizations. The market is further bolstered by the high demand for a risk management solution that addresses enterprise-wide risks. This can be attributed to the proactive involvement of government agencies across various countries, like Australia, New Zealand, Japan, China, and India, in the adoption of GRC solutions. The platform assists in mitigating the complexity of complying with new or updated regulatory policies without obstructing regular business operations. Moreover, the rapid outbreak of the coronavirus disease (COVID-19) has prompted organizations to opt for GRC solutions as these platforms help enhance operational activities and achieving the targets by automating the workflow.
IMARC Group provides an analysis of the key trends in each sub-segment of the Asia Pacific governance, risk and compliance platform market, along with forecasts at the regional and country level from 2021-2026. Our report has categorized the market based on deployment model, solution, component, service, end user and vertical.
Breakup by Deployment Model:
Breakup by Solution:
Breakup by Component:
Breakup by Service:
Breakup by End User:
Breakup by Vertical:
Breakup by Country:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
|Base Year of the Analysis||2020|
|Segment Coverage||Deployment Model, Solution, Component, Service, End User, Vertical, Country|
|Countries Covered||China, Japan, India, South Korea, Australia, Indonesia, Others|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option|
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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