Enterprise, Risk and Governance (eGRC) Market

The global enterprise, risk, and governance (eGRC) market is projected to grow from 20.56 billion in 2025 to USD 39.99 billion by 2030 at a CAGR of 14.2% during the forecast period. The growth is primarily driven by the increasing pressure that organizations face from regulators, the rise of cyber and third-party risk, and the complexity of digital operations associated with cloud and data adoption. Traditional, manual compliance processes are no longer sufficient, forcing enterprises to adopt integrated eGRC platforms that centralize risk, compliance, audit, and governance activities.

Some of the key trends in the eGRC market include the convergence of risk functions, increased automation of control and audit processes, enhanced real-time visibility into risks, and a greater emphasis on third-party and data governance. AI and analytics-enabled risk insights, scalable regulatory change management, and industry-specific eGRC solutions for highly regulated industries (BFSI, healthcare, and government) represent significant growth opportunities.

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Competitive Overview:

The eGRC market is led by some of the globally established players, such as IBM (US), Microsoft (US), Oracle (US), SAP (Germany), SAS Institute (US), ServiceNow (US), Thomson Reuters (Canada), Archer Technologies (US), FIS (US), Wolters Kluwer (Netherlands), LexisNexis (US), Mphasis (India), MetricStream (US), Riskonnect (US), Navex Global (US), OneTrust (US), LogicManager (US), Acuity Risk Management (UK), C&F SA (Poland), Allgress (US), GlobalSuite Solutions (Spain), Onspring (US), Optimiso (US), Oxial (Switzerland), ReadiNow (Australia), SureCloud (UK), StandardFusion (Canada), Comensure (US), Dynamic GRC (Singapore), LogicGate (US), VComply (US), ProGReC (India), and SmartSuite (US).

Recent Developments:

• In October 2025, Archer announced a strategic alliance with Deloitte to deliver enhanced compliance and risk-management solutions for enterprise clients jointly. Through this partnership, Deloitte will provide advisory, implementation, and operational services in conjunction with Archer's risk and compliance platform, enabling organizations to design, deploy, and scale integrated GRC programs more effectively. The collaboration aims to accelerate digital risk transformation by combining Archer's technology with Deloitte's consulting expertise.
• In March 2025, ServiceNow agreed to acquire Moveworks for USD 2.85B to accelerate Agentic AI across workflows, which is significant for GRC automation and natural-language workflows.

Archer Technologies offers a comprehensive GRC platform that enables organizations to consolidate various risk and compliance functions into a single, configurable platform. Archer offers integrated capabilities across the full spectrum of GRC activities, including Risk Management, Compliance Management, Audit Management, Policy Management, Third-Party/Vendor Risk, Business Resiliency, and Reporting/Analytics. By providing a common platform for GRC processes, organizations can create standard workflows, generate real-time insight, and automate GRC activities throughout the organization. As a modular solution, Archer supports an organization's desire to build a customized solution that reflects its unique governance and risk requirements, improving visibility and enabling informed decisions based on available risk information.

LexisNexis eGRC offerings focus on Regulatory Content, Compliance Intelligence, Due Diligence, and Risk Information tools to help drive governance and compliance. LexisNexis' regulatory compliance solution incorporates a legal obligations register alongside alerts to provide organizations with guidance on managing compliance risks and opportunities to stay ahead of regulatory changes. LexisNexis also provides Due Diligence, Third-Party Screening, ongoing sanctions monitoring, and Watchlist Tracking, as well as risk analysis tools, to support broader GRC needs, including third-party risk management and Regulatory Change Management.

Market Ranking:

The eGRC market is moderately consolidated, with a dominance by large enterprise platforms and specialists. Currently, the market is witnessing end-users prioritizing end-to-end coverage, workflow automation, and ecosystem fit.

Vendors such as ServiceNow (IRM/GRC) and MetricStream compete on the depth of their platforms, including integrated modules (risk, compliance, third-party, and resilience), as well as orchestrating workflows across functions. Broad eGRC suite providers, such as IBM, are promoting the modernization of complex enterprises through the use of AI/automation. Some vendors, such as Diligent, differentiate themselves by integrating GRC insights into executive and board reporting through an integrated view of governance, risk, and compliance. Recent innovations and acquisitions by key vendors are reshaping the eGRC competitive landscape. Current key competitive characteristics include the following: faster AI-enabled/automated risk analytics; continuous controls monitoring; more robust third-party risk management capabilities; and tighter integration with adjacent security/IT stacks—these have been further enhanced by the rapid evolution of eGRC platforms and continued acquisition activity.

Related Reports:

eGRC Market by Solution (Risk Management, Compliance Management, Policy Management, Audit Management, Privacy Management), Services (Consulting, Integration, Managed), Business Function (IT, Operations, Legal, Finance) - Global Forecast to 2030

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