“TABLE OF CONTENTS
1 INTRODUCTION 13
1.1 OBJECTIVES OF THE STUDY 13
1.2 MARKET DEFINITION 13
1.3 MARKET SCOPE 13
1.3.1 MARKETS COVERED 14
1.3.2 YEARS CONSIDERED 15
1.4 CURRENCY 15
1.5 LIMITATIONS 15
1.6 STAKEHOLDERS 16
1.7 KEY TAKEAWAYS 16
2 RESEARCH METHODOLOGY 17
2.1 MARKET SIZE ESTIMATION 18
2.2 MARKET BREAKDOWN AND DATA TRIANGULATION 21
2.2.1 KEY DATA FROM SECONDARY SOURCES 22
2.2.2 DATA FROM PRIMARY SOURCES 23
2.2.2.1 Key industry insights 24
2.2.3 ASSUMPTIONS 25
3 EXECUTIVE SUMMARY 26
4 PREMIUM INSIGHTS 31
4.1 ATTRACTIVE MARKET OPPORTUNITY IN THE EGRC MARKET 31
4.2 EGRC MARKET: TOP THREE SOLUTION SEGMENTS 31
4.3 EGRC MARKET ANALYSIS ACROSS TOP THREE REGIONS IN 2015 32
4.4 EGRC MARKET: NORTH AMERICA IS EXPECTED TO EXHIBIT THE HIGHEST ADOPTION DURING THE FORECAST PERIOD 32
4.5 LIFE CYCLE ANALYSIS, BY REGION 33
5 MARKET OVERVIEW 34
5.1 INTRODUCTION 35
5.2 MARKET SEGMENTATION 35
5.2.1 BY SOLUTION 35
5.2.2 BY SERVICES 35
5.2.3 BY END USER 36
5.2.4 BY VERTICAL 36
5.2.5 BY REGION 37
5.3 MARKET DYNAMICS 38
5.3.1 DRIVERS 39
5.3.1.1 Growing business partnerships and associations 39
5.3.1.2 Government regulations and compliance mandates 39
5.3.1.3 Increased operational efficiency and reduced costs 39
5.3.2 RESTRAINTS 41
5.3.2.1 Varying structure of regulatory policies 41
5.3.2.2 Limited resources and awareness within organizations 41
5.3.3 OPPORTUNITIES 41
5.3.3.1 Higher investments to manage compliance 41
5.3.3.2 Rise of the software-enabled business 41
5.3.4 CHALLENGES 42
5.3.4.1 Growing complexity of risk and compliance programs 42
5.3.4.2 Complexities related to governing security across BYOD and cloud platforms 42
6 INDUSTRY TRENDS 43
6.1 INTRODUCTION 43
6.1.1 STANDARDS AND REGULATIONS 43
6.2 EGRC VALUE CHAIN 46
6.2.1 VALUE CHAIN ANALYSIS 47
6.3 SUPPLY CHAIN ANALYSIS 47
6.4 PORTER’S FIVE FORCES ANALYSIS 48
6.4.1 THREAT OF NEW ENTRANTS 49
6.4.2 THREAT OF SUBSTITUTES 49
6.4.3 BARGAINING POWER OF SUPPLIERS 49
6.4.4 BARGAINING POWER OF BUYERS 50
6.4.5 INTENSITY OF COMPETITIVE RIVALRY 50
7 EGRC MARKET ANALYSIS, BY SOLUTION 51
7.1 INTRODUCTION 52
7.2 COMPLIANCE MANAGEMENT 53
7.3 AUDIT MANAGEMENT 55
7.4 RISK MANAGEMENT 56
7.5 POLICY MANAGEMENT 58
7.6 INCIDENT MANAGEMENT 59
7.7 FINANCIAL CONTROLS MANAGEMENT 61
7.8 OTHER SOLUTIONS 62
8 EGRC MARKET ANALYSIS, BY SERVICE 64
8.1 INTRODUCTION 65
8.2 CONSULTING 66
8.3 INTEGRATION 67
8.4 SUPPORT 69
9 EGRC MARKET ANALYSIS, BY END USER 71
9.1 INTRODUCTION 72
9.2 SMALL AND MEDIUM BUSINESSES (SMBS) 73
9.3 ENTERPRISES 74
10 EGRC MARKET ANALYSIS, BY VERTICAL 75
10.1 INTRODUCTION 76
10.2 BFSI 77
10.3 CONSTRUCTION AND ENGINEERING 77
10.4 ENERGY AND UTILITY 78
10.5 GOVERNMENT 78
10.6 HEALTHCARE 79
10.7 MANUFACTURING 80
10.8 MINING AND NATURAL RESOURCES 80
10.9 RETAIL AND CONSUMER GOODS 81
10.10 TELECOM AND IT 82
10.11 TRANSPORTATION AND LOGISTICS 82
10.12 OTHERS 83
11 GEOGRAPHIC ANALYSIS 84
11.1 INTRODUCTION 85
11.2 NORTH AMERICA 87
11.3 EUROPE 90
11.4 ASIA-PACIFIC (APAC) 92
11.5 MIDDLE EAST AND AFRICA (MEA) 96
11.6 LATIN AMERICA 98
12 COMPETITIVE LANDSCAPE 100
12.1 OVERVIEW 100
12.2 EGRC MARKET EVALUATION FRAMEWORK 101
12.3 COMPETITIVE SITUATION AND TRENDS 102
12.3.1 NEW PRODUCT LAUNCHES 103
12.3.2 AGREEMENTS, PARTNERSHIPS, COLLABORATIONS, AND JOINT VENTURES 104
12.3.3 PRODUCT UP-GRADATIONS 104
13 COMPANY PROFILES 105
13.1 INTRODUCTION 105
13.2 INTERNATIONAL BUSINESS MACHINES CORPORATION (IBM) 106
13.2.1 BUSINESS OVERVIEW 106
13.2.2 PRODUCT PORTFOLIO 106
13.2.3 KEY STRATEGIES 107
13.2.4 RECENT DEVELOPMENTS 107
13.2.5 SWOT ANALYSIS 108
13.3 MICROSOFT CORPORATION 109
13.3.1 BUSINESS OVERVIEW 109
13.3.2 PRODUCTS PORTFOLIO 109
13.3.3 KEY STRATEGIES 110
13.3.4 RECENT DEVELOPMENTS 110
13.3.5 SWOT ANALYSIS 111
13.4 ORACLE CORPORATION 112
13.4.1 BUSINESS OVERVIEW 112
13.4.2 PRODUCTS PORTFOLIO 112
13.4.3 KEY STRATEGIES 113
13.4.4 RECENT DEVELOPMENTS 113
13.4.5 SWOT ANALYSIS 114
13.5 SAP SE 115
13.5.1 BUSINESS OVERVIEW 115
13.5.2 PRODUCT PORTFOLIO 115
13.5.3 KEY STRATEGIES 116
13.5.4 RECENT DEVELOPMENTS 116
13.5.5 SWOT ANALYSIS 117
13.6 EMC CORPORATION 118
13.6.1 BUSINESS OVERVIEW 118
13.6.2 PRODUCT PORTFOLIO 118
13.6.3 KEY STRATEGIES 119
13.6.4 RECENT DEVELOPMENTS 119
13.6.5 SWOT ANALYSIS 120
13.7 SAS INSTITUTE INC. 121
13.7.1 BUSINESS OVERVIEW 121
13.7.2 PRODUCT PORTFOLIO 121
13.7.3 KEY STRATEGIES 121
13.7.4 RECENT DEVELOPMENTS 121
13.8 THOMSON REUTERS 122
13.8.1 BUSINESS OVERVIEW 122
13.8.2 PRODUCT PORTFOLIO 122
13.8.3 KEY STRATEGIES 123
13.8.4 RECENT DEVELOPMENTS 123
13.9 FIDELITY NATIONAL INFORMATION SERVICES, INC. (FIS) 124
13.9.1 BUSINESS OVERVIEW 124
13.9.2 PRODUCT PORTFOLIO 124
13.9.3 KEY STRATEGIES 125
13.9.4 RECENT DEVELOPMENTS 125
13.10 BWISE 126
13.10.1 BUSINESS OVERVIEW 126
13.10.2 PRODUCT PORTFOLIO 126
13.10.3 KEY STRATEGIES 126
13.10.4 RECENT DEVELOPMENTS 127
13.11 NEWPORT CONSULTING GROUP,LLC 128
13.11.1 BUSINESS OVERVIEW 128
13.11.2 PRODUCT PORTFOLIO 128
13.11.3 KEY STRATEGIES 128
13.11.4 RECENT DEVELOPMENTS 128
14 APPENDIX 129
14.1 DISCUSSION GUIDE 129
14.2 AVAILABLE CUSTOMIZATIONS 134
14.3 RELATED REPORTS 135
“
“LIST OF TABLES
TABLE 1 GLOBAL EGRC MARKET SIZE, 2015–2020 ($BILLION) 27
TABLE 2 GROWING GOVERNMENT REGULATIONS AND COMPLIANCE MANDATES IS PROPELLING THE GROWTH OF THE EGRC MARKET 40
TABLE 3 MAJOR GRC STANDARDS AND REGULATIONS 43
TABLE 4 EGRC MARKET SIZE, BY SOLUTION, 2013–2020 ($MILLION) 53
TABLE 5 COMPLIANCE MANAGEMENT: EGRC MARKET SIZE, BY END USER,
2013–2020 ($MILLION) 53
TABLE 6 COMPLIANCE MANAGEMENT: EGRC MARKET SIZE, BY VERTICAL,
2013–2020 ($MILLION) 54
TABLE 7 COMPLIANCE MANAGEMENT: EGRC MARKET SIZE, BY REGION,
2013–2020 ($MILLION) 54
TABLE 8 AUDIT MANAGEMENT: EGRC MARKET SIZE, BY END USER, 2013–2020 ($MILLION) 55
TABLE 9 AUDIT MANAGEMENT: EGRC MARKET SIZE, BY VERTICAL, 2013–2020 ($MILLION) 55
TABLE 10 AUDIT MANAGEMENT: EGRC MARKET SIZE, BY REGION, 2013–2020 ($MILLION) 56
TABLE 11 RISK MANAGEMENT: EGRC MARKET SIZE, BY END USER, 2013–2020 ($MILLION) 56
TABLE 12 RISK MANAGEMENT: EGRC MARKET SIZE, BY VERTICAL, 2013–2020 ($MILLION) 57
TABLE 13 RISK MANAGEMENT: EGRC MARKET SIZE, BY REGION, 2013–2020 ($MILLION) 57
TABLE 14 POLICY MANAGEMENT: EGRC MARKET SIZE, BY END USER,
2013–2020 ($MILLION) 58
TABLE 15 POLICY MANAGEMENT: EGRC MARKET SIZE, BY VERTICAL,
2013–2020 ($MILLION) 58
TABLE 16 POLICY MANAGEMENT: EGRC MARKET SIZE, BY REGION, 2013–2020 ($MILLION) 59
TABLE 17 INCIDENT MANAGEMENT: EGRC MARKET SIZE, BY END USER,
2013–2020 ($MILLION) 59
TABLE 18 INCIDENT MANAGEMENT: EGRC MARKET SIZE, BY VERTICAL,
2013–2020 ($MILLION) 60
TABLE 19 INCIDENT MANAGEMENT: EGRC MARKET SIZE, BY REGION,
2013–2020 ($MILLION) 60
TABLE 20 FINANCIAL CONTROLS MANAGEMENT: EGRC MARKET SIZE, BY END USER,
2013–2020 ($MILLION) 61
TABLE 21 FINANCIAL CONTROLS MANAGEMENT: EGRC MARKET SIZE, BY VERTICAL,
2013–2020 ($MILLION) 61
TABLE 22 FINANCIAL CONTROLS MANAGEMENT: EGRC MARKET SIZE, BY REGION,
2013–2020 ($MILLION) 62
TABLE 23 OTHER SOLUTIONS: EGRC MARKET SIZE, BY END USER, 2013–2020 ($MILLION) 62
TABLE 24 OTHER SOLUTIONS: EGRC MARKET SIZE, BY VERTICAL, 2013–2020 ($MILLION) 63
TABLE 25 OTHER SOLUTIONS: EGRC MARKET SIZE, BY REGION, 2013–2020 ($MILLION) 63
TABLE 26 EGRC MARKET SIZE, BY SERVICE, 2013–2020 ($MILLION) 65
TABLE 27 CONSULTING: EGRC MARKET SIZE, BY END USER, 2013–2020 ($MILLION) 66
TABLE 28 CONSULTING: EGRC MARKET SIZE, BY VERTICAL, 2013–2020 ($MILLION) 66
TABLE 29 CONSULTING: EGRC MARKET SIZE, BY REGION, 2013–2020 ($MILLION) 67
TABLE 30 INTEGRATION: EGRC MARKET SIZE, BY END USER, 2013–2020 ($MILLION) 67
TABLE 31 INTEGRATION: EGRC MARKET SIZE, BY VERTICAL, 2013–2020 ($MILLION) 68
TABLE 32 INTEGRATION: EGRC MARKET SIZE, BY REGION, 2013–2020 ($MILLION) 68
TABLE 33 SUPPORT: EGRC MARKET SIZE, BY END USER, 2013–2020 ($MILLION) 69
TABLE 34 SUPPORT: EGRC MARKET SIZE, BY VERTICAL, 2013–2020 ($MILLION) 69
TABLE 35 SUPPORT: EGRC MARKET SIZE, BY REGION, 2013–2020 ($MILLION) 70
TABLE 36 EGRC MARKET SIZE, BY END USER, 2013–2020 ($MILLION) 72
TABLE 37 SMBS: EGRC MARKET SIZE, BY REGION, 2013–2020 ($MILLION) 73
TABLE 38 ENTERPRISES: EGRC MARKET SIZE, BY REGION, 2013–2020 ($MILLION) 74
TABLE 39 EGRC MARKET SIZE, BY VERTICAL, 2013–2020 ($MILLION) 76
TABLE 40 BFSI: EGRC MARKET SIZE, BY REGION, 2013–2020 ($MILLION) 77
TABLE 41 CONSTRUCTION AND ENGINEERING: EGRC MARKET SIZE, BY REGION,
2013–2020 ($MILLION) 77
TABLE 42 ENERGY AND UTILITY: EGRC MARKET SIZE, BY REGION, 2013–2020 ($MILLION) 78
TABLE 43 GOVERNMENT: EGRC MARKET SIZE, BY REGION, 2013–2020 ($MILLION) 79
TABLE 44 HEALTHCARE: EGRC MARKET SIZE, BY REGION, 2013–2020 ($MILLION) 79
TABLE 45 MANUFACTURING: EGRC MARKET SIZE, BY REGION, 2013–2020 ($MILLION) 80
TABLE 46 MINING AND NATURAL RESOURCES: EGRC MARKET SIZE, BY REGION,
2013–2020 ($MILLION) 81
TABLE 47 RETAIL AND CONSUMER GOODS: EGRC MARKET SIZE, BY REGION,
2013–2020 ($MILLION) 81
TABLE 48 TELECOM AND IT: EGRC MARKET SIZE, BY REGION, 2013–2020 ($MILLION) 82
TABLE 49 TRANSPORTATION AND LOGISTICS: EGRC MARKET SIZE, BY REGION,
2013–2020 ($MILLION) 83
TABLE 50 OTHERS: EGRC MARKET SIZE, BY REGION, 2013–2020 ($MILLION) 83
TABLE 51 EGRC MARKET SIZE, BY REGION, 2013–2020 ($MILLION) 87
TABLE 52 NORTH AMERICA: EGRC MARKET SIZE, BY SOLUTION, 2013–2020 ($MILLION) 89
TABLE 53 NORTH AMERICA: EGRC MARKET SIZE, BY SERVICE, 2013–2020 ($MILLION) 89
TABLE 54 NORTH AMERICA: EGRC MARKET SIZE, BY END USER, 2013–2020 ($MILLION) 89
TABLE 55 NORTH AMERICA: EGRC MARKET SIZE, BY VERTICAL, 2013–2020 ($MILLION) 90
TABLE 56 EUROPE: EGRC MARKET SIZE, BY SOLUTION, 2013–2020 ($MILLION) 91
TABLE 57 EUROPE: EGRC MARKET SIZE, BY SERVICE, 2013–2020 ($MILLION) 91
TABLE 58 EUROPE: EGRC MARKET SIZE, BY END USER, 2013–2020 ($MILLION) 91
TABLE 59 EUROPE: EGRC MARKET SIZE, BY VERTICAL, 2013–2020 ($MILLION) 92
TABLE 60 ASIA-PACIFIC: EGRC MARKET SIZE, BY SOLUTION, 2013–2020 ($MILLION) 94
TABLE 61 ASIA-PACIFIC: EGRC MARKET SIZE, BY SERVICE, 2013–2020 ($MILLION) 94
TABLE 62 ASIA-PACIFIC: EGRC MARKET SIZE, BY END USER, 2013–2020 ($MILLION) 94
TABLE 63 ASIA-PACIFIC: EGRC MARKET SIZE, BY VERTICAL, 2013–2020 ($MILLION) 95
TABLE 64 MIDDLE EAST AND AFRICA: EGRC MARKET SIZE, BY SOLUTION,
2013–2020 ($MILLION) 96
TABLE 65 MIDDLE EAST AND AFRICA: EGRC MARKET SIZE, BY SERVICE,
2013–2020 ($MILLION) 96
TABLE 66 MIDDLE EAST AND AFRICA: EGRC MARKET SIZE, BY END USER,
2013–2020 ($MILLION) 97
TABLE 67 MIDDLE EAST AND AFRICA: EGRC MARKET SIZE, BY VERTICAL,
2013–2020 ($MILLION) 97
TABLE 68 LATIN AMERICA: EGRC MARKET SIZE, BY SOLUTION, 2013–2020 ($MILLION) 98
TABLE 69 LATIN AMERICA: EGRC MARKET SIZE, BY SERVICE, 2013–2020 ($MILLION) 98
TABLE 70 LATIN AMERICA: EGRC MARKET SIZE, BY END USER, 2013–2020 ($MILLION) 99
TABLE 71 LATIN AMERICA: EGRC MARKET SIZE, BY VERTICAL, 2013–2020 ($MILLION) 99
TABLE 72 NEW PRODUCT LAUNCHES, 2013–2015 103
TABLE 73 AGREEMENTS, PARTNERSHIPS, COLLABORATIONS, AND JOINT VENTURES,
2013–2015 104
TABLE 74 PRODUCT UP-GRADATION, 2013–2015 104
“
“LIST OF FIGURES
FIGURE 1 GLOBAL EGRC MARKET: RESEARCH METHODOLOGY 17
FIGURE 2 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 19
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 19
FIGURE 4 BREAKDOWN OF PRIMARIES: BY COMPANY, DESIGNATION, AND REGION 20
FIGURE 5 MARKET BREAKDOWN AND DATA TRIANGULATION 21
FIGURE 6 MARKET EVOLUTION: EGRC 26
FIGURE 7 EGRC SOLUTIONS MARKET SNAPSHOT (2015 VS. 2020): POLICY MANAGEMENT IS EXPECTED TO HAVE THE HIGHEST CAGR DURING THE FORECAST PERIOD 27
FIGURE 8 EGRC SERVICES MARKET SNAPSHOT (2015 VS. 2020): INTEGRATION IS EXPECTED TO HAVE THE HIGHEST CAGR DURING THE FORECAST PERIOD 28
FIGURE 9 EGRC MARKET SIZE, 2013–2020 ($BILLION) 28
FIGURE 10 GLOBAL EGRC MARKET ANALYSIS, BY SOLUTION, 2015 29
FIGURE 11 NORTH AMERICA IS EXPECTED TO EXHIBIT THE HIGHEST ADOPTION OF EGRC SOLUTIONS AND SERVICES 29
FIGURE 12 NORTH AMERICA COMMANDS HIGHEST MARKET SHARE IN EGRC 30
FIGURE 13 GLOBAL EGRC MARKET IS EXPECTED TO GROW AT A CAGR OF 14.7% 31
FIGURE 14 AUDIT AND RISK MANAGEMENT ARE THE MOST LUCRATIVE SECTORS FOR VENDORS 31
FIGURE 15 BFSI, HEALTHCARE, AND ENERGY & UTILITY SECTORS ARE EXPECTED TO BE THE MAJOR AREAS OF INVESTMENT ACROSS NORTH AMERICA, EUROPE, & APAC 32
FIGURE 16 STRINGENT REGULATORY AND COMPLIANCE MANDATES ARE EXPECTED TO DRIVE EGRC ADOPTION IN NORTH AMERICA 32
FIGURE 17 APAC HAS GRADUALLY INTENSIFIED EGRC ADOPTION AND ENTERED THE HIGH GROWTH PHASE 33
FIGURE 18 EGRC MARKET, BY SOLUTION 35
FIGURE 19 EGRC MARKET, BY SERVICES 35
FIGURE 20 EGRC MARKET, BY END USER 36
FIGURE 21 EGRC MARKET, BY VERTICAL 36
FIGURE 22 EGRC MARKET, BY REGION 37
FIGURE 23 GOVERNMENT REGULATIONS AND COMPLIANCE MANDATES ARE EXPECTED TO DRIVE THE EGRC MARKET 38
FIGURE 24 EGRC: VALUE CHAIN ANALYSIS 47
FIGURE 25 SUPPLY CHAIN ANALYSIS 48
FIGURE 26 PORTER’S FIVE FORCES ANALYSIS 48
FIGURE 27 POLICY MANAGEMENT SOLUTION IS EXPECTED TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD 52
FIGURE 28 INTEGRATION SERVICES ARE EXPECTED TO LEAD THE EGRC MARKET WITH AN INCREASED ADOPTION OF EGRC SOLUTIONS 65
FIGURE 29 SMBS ARE EXPECTED TO EXHIBIT THE HIGHEST EGRC ADOPTION RATE 72
FIGURE 30 MANUFACTURING SECTOR IS EXPECTED TO HAVE THE FASTEST ADOPTION RATE OF EGRC SOLUTIONS AND SERVICES DURING THE FORECAST PERIOD 76
FIGURE 31 GEOGRAPHIC SNAPSHOT – APAC IS EMERGING AS THE NEXT HOTSPOT AFTER NORTH AMERICA 85
FIGURE 32 NORTH AMERICA IS THE MOST ATTRACTIVE MARKET FOR EGRC INVESTMENTS 86
FIGURE 33 NORTH AMERICA IS EXPECTED TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD 87
FIGURE 34 NORTH AMERICA EGRC MARKET SNAPSHOT: DEMAND IS DRIVEN BY THE INCREASING NEED FOR RISK MANAGEMENT SOLUTION 88
FIGURE 35 ASIA-PACIFIC EGRC MARKET SNAPSHOT: DEMAND IS DRIVEN BY THE INCREASING NEED FOR RISK MANAGEMENT SOLUTION 93
FIGURE 36 NEW PRODUCT LAUNCHES AND PARTNERSHIPS ARE THE KEY STRATEGIES ADOPTED FROM 2013 TO 2015 100
FIGURE 37 EGRC MARKET EXALUATION FRAMEWORK 101
FIGURE 38 BATTLE FOR MARKET SHARE: NEW PRODUCT LAUNCHES HAS BEEN THE KEY STRATEGY IN THE EGRC MARKET 102
FIGURE 39 GEOGRAPHIC REVENUE MIX OF TOP 3 PLAYERS 105
FIGURE 40 IBM: COMPANY SNAPSHOT 106
FIGURE 41 IBM: SWOT ANALYSIS 108
FIGURE 42 MICROSOFT CORPORATION: COMPANY SNAPSHOT 109
FIGURE 43 MICROSOFT CORPORATION: SWOT ANALYSIS 111
FIGURE 44 ORACLE CORPORATION: COMPANY SNAPSHOT 112
FIGURE 45 ORACLE CORPORATION: SWOT ANALYSIS 114
FIGURE 46 SAP SE: COMPANY SNAPSHOT 115
FIGURE 47 SAP SE: SWOT ANALYSIS 117
FIGURE 48 EMC CORPORATION: COMPANY SNAPSHOT 118
FIGURE 49 EMC CORPORATION: SWOT ANALYSIS 120
FIGURE 50 THOMSON REUTERS: COMPANY SNAPSHOT 122
FIGURE 51 FIS: COMPANY SNAPSHOT 124
“