Governance, risk, and compliance is a major growth opportunity, but how will the market develop?

The governance, risk, and compliance (GRC) market is experiencing rapid growth fueled by increasingly complex regulations like GDPR and emerging frameworks such as NIS2 and DORA. The integration of AI and automation into GRC solutions is leading businesses to embrace digital transformation. As compliance enforcement intensifies following cybersecurity breaches, the financial implications are substantial—GDPR fines alone surpassed €5 billion this year. With expected growth from over $43 billion today to more than $111 billion by 2032, there is a strong demand across sectors for improved GRC strategies and technologies.

The multi-billion governance, risk, and compliance market is rapidly growing, driven by complex regulations and the integration of AI technologies in GRC solutions.

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