The enterprise governance, risk, and compliance (eGRC) market is expected to register a CAGR of 12.5% in the forecast period (2021 ‘ 2026) Risk management helps enterprises avert breaches and make sure that any risk associated with the activities of the enterprise is identified and addressed in a way that supports the organization’s business goals. The rising threats amongst organizations owing to digitalization and sharing of vast data across the globe have led to different forms of cyber threats and attacks.
Source: https://www.helpnetsecurity.com/2021/04/16/enterprise-egrc-market/