Market Overview:
The United States governance, risk and compliance platform market is currently witnessing robust growth. Governance, risk and compliance (GRC) refer to a platform that facilitates a company to coordinate strategy and manage its corporate governance, enterprise risk management (ERM), and corporate compliance regarding regulatory requirements. It provides better decision making, accurate IT investments, exclusion of silos, and reduced fragmentation in various departments. GRC can be established through an on-premises solution and cloud-based services, which offer various solutions like audit, risk, and compliance management for small companies as well as international companies.
The United States GRC market is primarily driven by the extensive use of GRC solutions in various enterprises to facilitate performance enhancement measures. Several financial service providers across the country are adopting integrated data platforms that streamline their internal and external data sources and assist in collecting useful insights on customers. They are also using GRC platforms to handle risks related to credit cards and fraud detection. Moreover, with the global outbreak of the coronavirus disease (COVID-19), the working patterns of the corporate sector have been affected due to which most of the organizations across the country are opting for remote working policies. This has led to the widespread utilization of GRC solutions by businesses, as these solutions can offer a detailed understanding of the prevailing market scenarios to assist organizations in achieving a strong market position and taking calculated risks. Looking forward, the market is expected to continue its strong growth during the forecast period (2020-2025).
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the United States governance, risk and compliance platform market report, along with forecasts for growth at the region level from 2020-2025. Our report has categorized the market based on region, deploying model, solutions, component, service, end user and vertical.
Breakup by Deploying Model:
Breakup by Solutions:
- Audit Management
- Risk Management
- Policy Management
- Compliance Management
- Others
Breakup by Component:
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
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Key Questions Answered in This Report:
- How has the United States governance, risk and compliance platform market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the United States governance, risk and compliance platform market?
- What are the key regional markets?
- What is the breakup of the market based on the deployment model?
- What is the breakup of the market based on the solution?
- What is the breakup of the market based on the component?
- What is the breakup of the market based on the service?
- What is the breakup of the market based on the end user?
- What is the breakup of the market based on the vertical?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the United States governance, risk and compliance platform market and who are the key players?
- What is the degree of competition in the industry?
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 United States Governance, Risk and Compliance Platform Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 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 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 Northeast
12.1.1 Market Trends
12.1.2 Market Forecast
12.2 Midwest
12.2.1 Market Trends
12.2.2 Market Forecast
12.3 South
12.3.1 Market Trends
12.3.2 Market Forecast
12.4 West
12.4.1 Market Trends
12.4.2 Market Forecast
13 SWOT Analysis
13.1 Overview
13.2 Strengths
13.3 Weaknesses
13.4 Opportunities
13.5 Threats
14 Value Chain Analysis
15 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 Price Analysis
17 Policy and Regulatory Landscape
18 Competitive Landscape
18.1 Market Structure
18.2 Key Players
18.3 Profiles of Key Players
List of Figures
Figure 1: United States: Governance, Risk and Compliance Platform Market: Major Drivers and Challenges
Figure 2: United States: Governance, Risk and Compliance Platform Market: Sales Value (in Million US$), 2014-2019
Figure 3: United States: Governance, Risk and Compliance Platform Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 4: United States: Governance, Risk and Compliance Platform Market: Breakup by Deploying Model (in %), 2019
Figure 5: United States: Governance, Risk and Compliance Platform Market: Breakup by Solution (in %), 2019
Figure 6: United States: Governance, Risk and Compliance Platform Market: Breakup by Component (in %), 2019
Figure 7: United States: Governance, Risk and Compliance Platform Market: Breakup by Service (in %), 2019
Figure 8: United States: Governance, Risk and Compliance Platform Market: Breakup by End User (in %), 2019
Figure 9: United States: Governance, Risk and Compliance Platform Market: Breakup by Vertical (in %), 2019
Figure 10: United States: Governance, Risk and Compliance Platform Market: Breakup by Country (in %), 2019
Figure 11: United States: Governance, Risk and Compliance Platform (On-Premises) Market: Sales Value (in US$ Million), 2014 & 2019
Figure 12: United States: Governance, Risk and Compliance Platform (On-Premises) Market Forecast: Sales Value (in US$ Million), 2020-2025
Figure 13: United States: Governance, Risk and Compliance Platform (Cloud) Market: Sales Value (in US$ Million), 2014 & 2019
Figure 14: United States: Governance, Risk and Compliance Platform (Cloud) Market Forecast: Sales Value (in US$ Million), 2020-2025
Figure 15: United States: Governance, Risk and Compliance Platform (Audit Management) Market: Sales Value (in US$ Million), 2014 & 2019
Figure 16: United States: Governance, Risk and Compliance Platform (Audit Management) Market Forecast: Sales Value (in US$ Million), 2020-2025
Figure 17: United States: Governance, Risk and Compliance Platform (Risk Management) Market: Sales Value (in US$ Million), 2014 & 2019
Figure 18: United States: Governance, Risk and Compliance Platform (Risk Management) Market Forecast: Sales Value (in US$ Million), 2020-2025
Figure 19: United States: Governance, Risk and Compliance Platform (Policy Management) Market: Sales Value (in US$ Million), 2014 & 2019
Figure 20: United States: Governance, Risk and Compliance Platform (Policy Management) Market Forecast: Sales Value (in US$ Million), 2020-2025
Figure 21: United States: Governance, Risk and Compliance Platform (Compliance Management) Market: Sales Value (in US$ Million), 2014 & 2019
Figure 22: United States: Governance, Risk and Compliance Platform (Compliance Management) Market Forecast: Sales Value (in US$ Million), 2020-2025
Figure 23: United States: Governance, Risk and Compliance Platform (Other Solutions) Market: Sales Value (in US$ Million), 2014 & 2019
Figure 24: United States: Governance, Risk and Compliance Platform (Other Solutions) Market Forecast: Sales Value (in US$ Million), 2020-2025
Figure 25: United States: Governance, Risk and Compliance Platform (Software) Market: Sales Value (in US$ Million), 2014 & 2019
Figure 26: United States: Governance, Risk and Compliance Platform (Software) Market Forecast: Sales Value (in US$ Million), 2020-2025
Figure 27: United States: Governance, Risk and Compliance Platform (Services) Market: Sales Value (in US$ Million), 2014 & 2019
Figure 28: United States: Governance, Risk and Compliance Platform (Services) Market Forecast: Sales Value (in US$ Million), 2020-2025
Figure 29: United States: Governance, Risk and Compliance Platform (Integration) Market: Sales Value (in US$ Million), 2014 & 2019
Figure 30: United States: Governance, Risk and Compliance Platform (Integration) Market Forecast: Sales Value (in US$ Million), 2020-2025
Figure 31: United States: Governance, Risk and Compliance Platform (Consulting) Market: Sales Value (in US$ Million), 2014 & 2019
Figure 32: United States: Governance, Risk and Compliance Platform (Consulting) Market Forecast: Sales Value (in US$ Million), 2020-2025
Figure 33: United States: Governance, Risk and Compliance Platform (Support) Market: Sales Value (in US$ Million), 2014 & 2019
Figure 34: United States: Governance, Risk and Compliance Platform (Support) Market Forecast: Sales Value (in US$ Million), 2020-2025
Figure 35: United States: Governance, Risk and Compliance Platform (Small Enterprise) Market: Sales Value (in US$ Million), 2014 & 2019
Figure 36: United States: Governance, Risk and Compliance Platform (Small Enterprise) Market Forecast: Sales Value (in US$ Million), 2020-2025
Figure 37: United States: Governance, Risk and Compliance Platform (Medium Enterprise) Market: Sales Value (in US$ Million), 2014 & 2019
Figure 38: United States: Governance, Risk and Compliance Platform (Medium Enterprise) Market Forecast: Sales Value (in US$ Million), 2020-2025
Figure 39: United States: Governance, Risk and Compliance Platform (Large Enterprise) Market: Sales Value (in US$ Million), 2014 & 2019
Figure 40: United States: Governance, Risk and Compliance Platform (Large Enterprise) Market Forecast: Sales Value (in US$ Million), 2020-2025
Figure 41: United States: Governance, Risk and Compliance Platform (BFSI) Market: Sales Value (in US$ Million), 2014 & 2019
Figure 42: United States: Governance, Risk and Compliance Platform (BFSI) Market Forecast: Sales Value (in US$ Million), 2020-2025
Figure 43: United States: Governance, Risk and Compliance Platform (Construction and Engineering) Market: Sales Value (in US$ Million), 2014 & 2019
Figure 44: United States: Governance, Risk and Compliance Platform (Construction and Engineering) Market Forecast: Sales Value (in US$ Million), 2020-2025
Figure 45: United States: Governance, Risk and Compliance Platform (Energy and Utilities) Market: Sales Value (in US$ Million), 2014 & 2019
Figure 46: United States: Governance, Risk and Compliance Platform (Energy and Utilities) Market Forecast: Sales Value (in US$ Million), 2020-2025
Figure 47: United States: Governance, Risk and Compliance Platform (Government) Market: Sales Value (in US$ Million), 2014 & 2019
Figure 48: United States: Governance, Risk and Compliance Platform (Government) Market Forecast: Sales Value (in US$ Million), 2020-2025
Figure 49: United States: Governance, Risk and Compliance Platform (Healthcare) Market: Sales Value (in US$ Million), 2014 & 2019
Figure 50: United States: Governance, Risk and Compliance Platform (Healthcare) Market Forecast: Sales Value (in US$ Million), 2020-2025
Figure 51: United States: Governance, Risk and Compliance Platform (Manufacturing) Market: Sales Value (in US$ Million), 2014 & 2019
Figure 52: United States: Governance, Risk and Compliance Platform (Manufacturing) Market Forecast: Sales Value (in US$ Million), 2020-2025
Figure 53: United States: Governance, Risk and Compliance Platform (Retail and Consumer Goods) Market: Sales Value (in US$ Million), 2014 & 2019
Figure 54: United States: Governance, Risk and Compliance Platform (Retail and Consumer Goods) Market Forecast: Sales Value (in US$ Million), 2020-2025
Figure 55: United States: Governance, Risk and Compliance Platform (Telecom and IT) Market: Sales Value (in US$ Million), 2014 & 2019
Figure 56: United States: Governance, Risk and Compliance Platform (Telecom and IT) Market Forecast: Sales Value (in US$ Million), 2020-2025
Figure 57: United States: Governance, Risk and Compliance Platform (Transportation and Logistics) Market: Sales Value (in US$ Million), 2014 & 2019
Figure 58: United States: Governance, Risk and Compliance Platform (Transportation and Logistics) Market Forecast: Sales Value (in US$ Million), 2020-2025
Figure 59: United States: Governance, Risk and Compliance Platform (Other Verticals) Market: Sales Value (in US$ Million), 2014 & 2019
Figure 60: United States: Governance, Risk and Compliance Platform (Other Verticals) Market Forecast: Sales Value (in US$ Million), 2020-2025
Figure 61: Northeast: Machine Tools Market: Sales Value (in Million US$), 2014 & 2019
Figure 62: Northeast: Machine Tools Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 63: Midwest: Machine Tools Market: Sales Value (in Million US$), 2014 & 2019
Figure 64: Midwest: Machine Tools Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 65: South: Machine Tools Market: Sales Value (in Million US$), 2014 & 2019
Figure 66: South: Machine Tools Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 67: West: Machine Tools Market: Sales Value (in Million US$), 2014 & 2019
Figure 68: West: Machine Tools Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 69: United States: Machine Tools Industry: SWOT Analysis
Figure 70: United States: Machine Tools Industry: Value Chain Analysis
Figure 71: United States: Machine Tools Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: United States: Governance, Risk and Compliance Platform Market: Key Industry Highlights, 2019 and 2025
Table 2: United States: Governance, Risk and Compliance Platform Market Forecast: Breakup by Deployment Model (in US$ Million), 2020-2025
Table 3: United States: Governance, Risk and Compliance Platform Market Forecast: Breakup by Solution (in US$ Million), 2020-2025
Table 4: United States: Governance, Risk and Compliance Platform Market Forecast: Breakup by Component (in US$ Million), 2020-2025
Table 5: United States: Governance, Risk and Compliance Platform Market Forecast: Breakup by Service (in US$ Million), 2020-2025
Table 6: United States: Governance, Risk and Compliance Platform Market Forecast: Breakup by End User (in US$ Million), 2020-2025
Table 7: United States: Governance, Risk and Compliance Platform Market Forecast: Breakup by Vertical (in US$ Million), 2020-2025
Table 8: United States: Governance, Risk and Compliance Platform Market Forecast: Breakup by Country (in Million US$), 2020-2025
Table 9: United States: Governance, Risk and Compliance Platform Market: Competitive Structure
Table 10: United States: Governance, Risk and Compliance Platform Market: Key Players