target audience: TECH SUPPLIER Publication date: May 2023 - Document type: Market Forecast - Doc Document number: # US50624623
Worldwide Security Governance, Risk, and Compliance Software Forecast, 2023–2027
This IDC study contains IDC's best estimates for the security governance, risk, and compliance software market for 2022–2027. This IDC study also discusses the drivers and dynamics that had an impact on the global security governance, risk, and compliance software market in 2022 and provides insight into future trends that may influence market demand over the 2023–2027 period.
"IT security continues to be the top risk and compliance investment area for organizations," says Amy Cravens, research manager, GRC and ESG Management and Reporting Solutions, IDC. "The security GRC market has experienced strong growth over the past several years and while budgets are tightening, organizations continue to see value in these solutions, which is evidenced in continued investment."