eGRC Market reached USD 32,000 million in 2020, and will grow at a CAGR of 10.9% during 2021-2028

Gmi Research10 Aug, 2022Technology

The eGRC Market was estimated at USD 32,000 million in 2020, expected to grow at a CAGR of 10.9% over the forecast period (2021-2028).The factors driving the growth of eGRC Market includes emerging need to comply with the Data Protection regulations, rise in the number of data breaches around the world and increasing application of eGRC solutions in the banking and financial institutions to prevent money laundering and terrorist financing.