GITNUX MARKETDATA REPORT 2024

Must-Know Grc Industry Statistics [Recent Analysis]

Statistic 1

"The global Governance, Risk and Compliance (GRC) platform market size was USD 32.31 billion in 2019."

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Statistic 2

"Governance software accounts for the largest market share in the global GRC market."

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Statistic 3

"Small and medium enterprises are expected to register the fastest growth in the GRC market."

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Statistic 4

"IBM is considered a top player in the global GRC market."

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Statistic 5

"By 2025, the GRC market is projected to reach USD 55.9 billion."

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Statistic 6

"The cloud deployment model segment is expected to grow at a higher CAGR during the forecast period in the GRC market."

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Statistic 7

"The consultation services segment had a significant share of the GRC market in 2020."

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Statistic 8

"The GRC platform market in Asia-Pacific is expected to grow at the highest CAGR during the forecast period."

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Statistic 9

"Implementation of AI in the GRC market is expected to witness high growth due to the increasing adoption of digital technologies."

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Statistic 10

"Organizations spending on GRC applications is expected to reach $47.1 billion by 2023."

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Statistic 11

"Integrated risk management solutions are gaining traction which results in the growth of the GRC market."

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