eGRC Market Trends, Size, Growth and Segments by Forecast

Jonytoal30 Oct, 2023Business

The global eGRC Market size is expected to grow from an estimated value of USD 14.9 billion in 2022 to USD 27.1 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 12.6% from 2022 to 2027. Various factors contribute to the growth of the eGRC market. These include the increasing need to meet stringent compliance mandates, the growing need for a holistic view of data, and the increased data and security breaches. Furthermore, the integration of AI and blockchain technology into eGRC solutions and the growing number of partnerships and acquisitions are also providing opportunities for market growth.