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SPARK Matrix™: Governance, Risk, and Compliance (GRC) Platforms, 2021

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Quadrant Knowledge Solutions’ GRC Platforms market research includes a detailed analysis of the global market regarding short-term and long-term growth opportunities, emerging technology trends, market trends, and future market outlook. The study provides a comprehensive market forecast analysis of the global market and the overall market adoption rate as well. This research provides strategic information for technology vendors to better understand the existing market, supporting their growth strategies; and for users to evaluate different vendors’ capabilities, competitive differentiation, and market position.

Driven by the impact of Covid-19 on the global economy, industry, and infrastructure, Quadrant Knowledge Solutions have revised the market forecast estimates for all the technology market. However, the global GRC platforms market continues to be attractive across geographical markets. The primary growth driver for increased demand for GRC solutions is the ever-growing internal and external threat landscape and constantly changing and increasing regulatory requirements. Users are increasingly viewing GRC solution as a strategic investment and an enabler for ensuring business practices, operating models, and corporate behaviors are socially accepted by employees, partners, stakeholders, and the public at large. In addition, the increasing popularity of SaaS-based GRC solutions is further expanding the market. This trend is expected to play a crucial role in improving the penetration rate and overall market growth of GRC platforms during the forecast period of 2020-2025.

The research includes detailed competition analysis and vendor evaluation with the proprietary SPARK Matrix analysis. SPARK Matrix includes ranking and positioning of leading GRC Platform vendors, with a global impact. The SPARK Matrix includes an analysis of vendors, including CURA Software, Enablon, Galvanize, IBM, Ideagen, LogicGate, LogicManager, MEGA International, MetricStream, Mitratech, NAVEX Global, Resolver, RiskConnect, RSA, SAI Global, ServiceNow, and Sword GRC.

 

 

2021 GRC Platforms SPARK Matrix
Source: Quadrant Knowledge Solutions

2021 SPARK Matrix-GRC Platforms-Quadrant Knowledge Solutions

 


Table of Contents

Executive Overview

  • Key Research Findings

Market Overview and Technology Trends

Factors Influencing Technology Development and Market Growth

Market Adoption Trends

Competition Landscape and Analysis 

  • Competitive Overview and Analysis
  • Key Competitive Factors and Technology Differentiators

SPARK Matrix™: GRC Platforms Market

Vendor Profiles

Research Methodologies


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