Enterprise Governance, Risk and Compliance (EGRC) Analysis Market Likely to Reach a Valuation of around USD 64.61 Billion by 2022: Grand view Research, Inc.

The global EnterpriseGovernance, Risk And Compliance Market size is expected to reach USD 64.61 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a 12.8% CAGR during the forecast period. Implementation of stringent regulations by governments across several verticals such as BFSI, telecom/IT, retail, and consumer goods has necessitated organizations to adopt enterprise governance, risk and compliance (GRC) solutions that fulfill the need for compliance management, audit management, and risk management, among others.

For instance, in recent years, banks have spent aggressively to ensure compliance to enforcement of stringent laws. Some of the laws and regulations are the Dodd-Frank Act, BASEL III, Sarbanes–Oxley Act, Payment Card Industry Data Security Standard (PCI DSS), and Gramm–Leach–Bliley Act (GLBA). Moreover, in this challenging ecosystem, an integrated approach to GRC translates into bottom-line financial benefits for enterprises, which is anticipated to be a major factor driving market growth.

Enterprise governance, risk and compliance is vital for all industry verticals. However, many organizations in BFSI, telecom, and manufacturing services industries are confronting significant losses as they have deployed systems that lack a holistic view of enterprise risks. They have, however, eventually started to realize that their financial processes are inefficient and the enterprise risk management initiatives they have undertaken are incompetent in view of the growing mandates for regulatory compliance. At the same time, the regulatory and corporate governance scenario is evolving continuously, thereby prompting such services and institutions to roll out a culture that emphasizes standard business practices and balanced risk-taking.

In recent years, need for compliance management software has grown at a significant rate, which can be credited to the advent of myriad regulations by government bodies across various industries. Enterprises that deliver GRC software are collaborating with various public as well as private organizations for developing and implementing software that can minimize damage caused by various risks within the business.

The BFSI sector accounted for a significant market share of over 20.0% in the enterprise GRC market in 2017. The financial sector has become more strategic and cautious, realizing the significance of identifying and mitigating the risks of doing business with corrupt and criminal entities. As a result, large organizations as well as small and medium enterprises are increasingly looking to invest in compliance solutions.

Enterprise GRC software accounted for the largest revenue share based on component in 2017 and is anticipated to maintain its dominance over the forecast period. Implementation of eGRC software helps organizations improve performance, gain visibility, and reduce compliance and risks costs. The services segment is expected to witness a healthy CAGR over the forecast period. This can be attributed to the development of advisory, integration, and software-as-service solutions, which have paved the way for improved performance and implementation. 

Full Research Report On Enterprise Governance, Risk And Compliance Market Analysis:
www.grandviewresearch.com/industry-analysis/enterprise-governance-risk-compliance-egrc-market

Further key findings from the report suggest:

·         The global enterprise governance, risk and compliance market was valued at USD 24.76 billion in 2017 and is expected to develop at a CAGR of 12.8% from 2018 to 2025

·         Risk management emerged as the largest software segment in 2017 and is estimated to exhibit steady growth through 2025

·         Demand for enterprise governance, risk and compliance solutions in policy management is anticipated to witness significant growth over the next few years

·         The large enterprise segment in U.S. has been generating significant revenue in the global market and will continue to do so throughout the course of the forecast period

·         The Asia Pacific market is projected to witness substantial growth over the next decade owing to various developments across major economies, especially in the Internet of Things (IoT) and big data

·         Key players include SAP SE; Thomson Reuters; Wolters Kluwer; MetricStream Inc.; and Bwise.

View More Reports Of This Category By Grand View Research At: www.grandviewresearch.com/industry/communication-services

Grand View Research has segmented the global enterprise governance, risk and compliance market on the basis of component, software, service, enterprise type, vertical type, and region:

Enterprise Governance, Risk and Compliance Component Outlook (Revenue, USD Million, 2015 - 2025)

·         Software

·         Service

Enterprise Governance, Risk and Compliance Software Outlook (Revenue, USD Million, 2015 - 2025)

·         Audit Management

·         Compliance Management

·         Risk Management

·         Policy Management

·         Incident Management

·         Others

Enterprise Governance, Risk and Compliance Service Outlook (Revenue, USD Million, 2015 - 2025)

·         Integration

·         Consulting

·         Support

Enterprise Governance, Risk and Compliance Enterprise Type Outlook (Revenue, USD Million, 2015 - 2025)

·         Small & Medium Enterprise (SME)

·         Large Enterprise

Enterprise Governance, Risk and Compliance Vertical Outlook (Revenue, USD Million, 2015 - 2025)

·         BFSI

·         Construction & Engineering

·         Energy & Utilities

·         Government

·         Healthcare

·         Manufacturing

·         Retail & Consumer Goods

·         Telecom & IT

·         Transportation & Logistics

·         Others

Enterprise Governance, Risk and Compliance Regional Outlook (Revenue, USD Million, 2015 - 2025)

·         North America

o    U.S.

o    Canada

·         Europe

o    U.K.

o    Germany

·         Asia Pacific

o    China

o    India

o    Japan

·         Latin America

o    Brazil

o    Mexico

·         Middle East & Africa

Access Full Press Release of this Report

www.grandviewresearch.com/press-release/global-enterprise-governance-risk-compliance-egrc-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com/

Plant Growth Regulators Analysis Market Likely to Reach a Valuation of around USD 6.52 Billion by 2020: Grand view Research, Inc.

The global plant Growth Regulators market size is projected to reach USD 6.52 billion by 2020, according to a new report by Grand View Research, Inc., rising at a CAGR of 8.6% during the forecast period. Increasing global population and decreasing cultivation area are anticipated to drive market growth over the coming years.

Demand for the product is likely to increase on account of decreasing area of productive land, growing urbanization, and rising global population Declining agricultural yield due to climatic changes coupled with increasing consumer preference for organic food products is expected to positively affect the growth of the market.

The area of agricultural land available in developed countries has been decreasing rapidly, which is likely to affect food security in the long term. The main reasons behind loss of agricultural land are the use of agricultural land for non-agricultural applications, abandonment of agricultural activities, and use for other agro-forest activities.

High penetration of plant growth regulators in the agriculture industry of various countries including U.S., China, India, and Brazil is likely to augment the market. Flourishing organic vegetable & fruit industry, increasing fruit & seed production, and rapid expansion of the beer industry are anticipated to escalate the growth of the market.

Full Research Report On Plant Growth Regulators Market Analysis:
www.grandviewresearch.com/industry-analysis/plant-growth-regulators-market

Further Key Findings from the Report Suggest:

·         The cytokinins segment is expected to rise at a CAGR of 9.0% during the forecast period owning to their ability to delay aging process of the plant

·         Auxins are projected to exhibit a CAGR of 8.8% over the same period due to increasing use in cultivation of organic food to regulate the growth process

·         The others segment is anticipated to observe a CAGR of 8.2% from 2014 to 2020 owning to surging demand for gibberellin in the agriculture and brewing industries.

·         Asia Pacific is likely to witness a CAGR of 9.3% during the same period due to decreasing cultivation area and rising population in emerging economies such as India and China

·         Europe accounted for a large share in the market in 2014 and it is estimated to witness a CAGR of 8.5% over the forecast period owning to rising demand form the U.K. and Germany to increase its agriculture production

·         Market players are engaged in developing application specific products in order to increase their market scope. Manufacturers such as Xinyi (H.K.) Industrial Co. Ltd. have their own research & development center.

View More Reports Of This Category By Grand View Research At: https://www.grandviewresearch.com/industry/agrochemicals-and-fertilizers

Grand View Research has segmented the global plant growth regulators market report on the basis of product and region:

Plant Growth Regulators Product Outlook (Revenue, USD Million, 2012 - 2020)

·         Cytokinins

·         Auxins

·         Others

Plant Growth Regulators Regional Outlook (Revenue, USD Million, 2012 - 2020)

·         North America

·         Europe

·         Asia Pacific

·         Rest of The World

Access Full Press Release of this Report: https://www.grandviewresearch.com/press-release/global-plant-growth-regulators-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: https://www.grandviewresearch.com/

Antifouling Coating Analysis Market Likely to Reach a Valuation of around USD 2.43 Billion by 2022: Grand view Research, Inc.

Antifouling coating Market are used to improve the stability and resilience of underwater surfaces of marine vessels such as cargoes, drilling rigs, passenger ships, and a yacht. The global antifouling coating industry is expected to witness growth on account of increasing demand for merchant fleets and navies and reach over USD 2.43 billion by 2022. New developments in ship-based logistics services in emerging economies including Middle East countries, Brazil, and India is estimated to fuel market growth for these coatings. Increasing need for embedded compact systems as prerequisite in deep water offshore reserves coupled with rising importance for Floating Production Storage Offloading (FPSO) in upstream oil & gas sector is anticipated to result in an up surging demand for antifouling paints.

Demand for global antifouling coatings was 84.3 kilo tons in 2014 and is projected to surpass 130.0 kilo tons in the next seven years. It is expected to grow at a CAGR exceeding 5.0% in the forecast period. Furthermore, demand for antifouling paints in shipping vessels was approximately 71.0 kilo tons in 2014. Production platforms and drilling rigs are projected to gain prominence attributing to the expansion of offshore natural gas production capacity in Saudi Arabia and Brazil over the forecast period.

Support from regulatory bodies in countries including China, Angola, Nigeria, Malaysia, and Brazil, in an attempt to encourage foreign investments at a national level is expected to have a positive impact on the offshore oil & gas market. In 2014, demand for production platforms & drilling rigs was over 13.0 kilo tons. In 2014, antifouling coatings accounted for nearly 80.0% of the total market share by volume owing to increasing use in shipping vessels due to their ability to save fuel from fouling organisms and extension of dry docking interval.

Full Research Report On Antifouling coating Market Analysis:
http://www.grandviewresearch.com/industry-analysis/antifouling-coating-market

Asia Pacific is estimated to experience rapid growth at a CAGR of 6.0% over the forecast period in terms of volume. Initiatives by the Government of India in November 2015 to incentivize for increasing the productivity of shipbuilding at a national level is anticipated to provide new avenues for new entrants in the market.

North America is expected to witness growth over the forecast period owing to increasing production of unconventional sources such as tight oil and shale gas in Canada and the U.S. The market was 2.36 kilo tons in 2014. Technological advances in hydraulic fracturing are expected to encourage the use of FPSO vessels, which in turn is anticipated to propel demand.

Key manufacturers include Jotun A/S, PPG Industries, AkzoNobel N.V, Sherwin Williams, Hempel A/S, Nippon Marine and Kansai Paints. Increase in R&D expenditure to develop eco-friendly products to promote product differentiation while abiding by environmental friendly laws by regulatory bodies is expected to drive market growth. Furthermore, the establishment of new production facilities due to the expansion of application sectors in markets namely Russia and China is anticipated to propel demand over the forecast period.

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Grand View Research has segmented the global Antifouling Coating Market by application and region:

Application Outlook (Volume Tons, Revenue, USD Million, 2012 - 2022)

·         Shipping Vessels

·         Drilling Rigs & Production Platforms

Regional Outlook (Volume Tons, Revenue, USD Million, 2012 - 2022)

·         North America

o    U.S.

·         Europe

o    Germany

·         Asia Pacific

o    China

·         Latin America

o    Brazil

·         Middle East Africa (MEA)

Access Full Press Release of this Report: https://www.grandviewresearch.com/press-release/global-antifouling-coating-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: https://www.grandviewresearch.com/

Nerve Monitoring Devices Analysis Market Likely to Reach a Valuation of around USD 1.9 Billion by 2022: Grand view Research, Inc.

North America nerve monitoring device market, by technology, 2012-2022 (USD Million)

Global nerve Monitoring Devices market is expected to reach USD 1.9 billion by 2022 according to a new study by Grand View Research Inc. Rising prevalence of neurological diseases, such as epilepsy, is a vital driver propelling market growth. Increasing geriatric population is another important driver responsible for growth of neuromonitoring devices, as these demographics are more prone to age-related neurodegenerative disorders.

Technological advancements such as wearable devices, which have better mobility and ability of round-the-clock monitoring, are expected to bolster the demand for these devices over the forecast period. Furthermore, large patient pool of neurological disorders is undiagnosed; hence, government is taking initiatives to promote early diagnosis, thereby increasing the demand for nerve monitoring devices. 

Full Research Report On Nerve Monitoring Devices Market Analysis:

http://www.grandviewresearch.com/industry-analysis/nerve-monitoring-devices-market

Further key findings from the study suggest:

·         Electroencephalography was the largest technology segment in 2014, owing to its wide clinical utility and its ability to unfold brain activity within milliseconds providing higher accuracy

·         On the contrary, electromyography is also expected to witness lucrative growth over the forecast period, attributed to rising prevalence of neuromuscular diseases such as muscular dystrophies and muscle rheumatism

·         Monitors witnessed a rapid growth in demand, which resulted in the product accounting for the largest share in 2014. Ancillary products such as disposable sponge disks, abrasive gel, alcohol swabs, disposable filter, and electrode creams are expected to witness substantial growth over the next seven years. Increased usage and repeat purchases are likely to drive segment growth.

·         North America dominated the regional nerve monitoring devices market with over 45.0% share in 2014. Advanced healthcare infrastructure coupled with growing disposable income is anticipated to drive growth of the market.

·         Asia Pacific is expected to witness lucrative growth over the forecast period. Presence of high unmet needs and untapped opportunities in India and China are expected to open up new avenues for market players.

·         Key players operating in this market include Medtronic Plc., NuVasive, Inc., Nihon Kohden, Natus Medical Inc., Langer Medical GmbH, Neurosign Surgical, Neurowave Systems, Cadwell Laboratories, Compumedics Limited, and Electrical Geodesics Inc. Key trends witnessed in this market include collaborations to gain competitive advantage, technological advancements, and new product launches.

·         For instance, in January 2015, Natus Medical Inc. announced its entry in neurodiagnostics market through the acquisition of Global Neuro-Diagnostics, a provider of home-based EEG testing. This acquisition helped the company to widen the portfolio of nerve monitoring offerings. 

View More Reports Of This Category By Grand View Research At: www.grandviewresearch.com/industry/medical-devices

 Grand View Research has segmented the nerve monitoring devices market on the basis of products, technology and region:

Global Nerve Monitoring Devices Product Outlook (USD million), 2012 - 2022

·         Monitors

·         Electrodes

·         Ancillary Products

Global Nerve Monitoring Devices Technology Outlook (USD million), 2012 - 2022

·         Electroencephalogram (EEG)

·         Evoked Potential

o    Somatosensory Evoked Potentials (SSEP)

o    Transcranial Electrical Motor Evoked Potentials (TCeMEP)

o    Brainstem Auditory Evoked Potentials (BAEP)

o    Visual Evoked Potentials (VEP)

·         Electromyography (EMG)

·         Electrocorticography (ECoG)

Nerve Monitoring Devices Regional Outlook (USD million), 2012 – 2020

·         North America

o    U.S.

o    Mexico

·         Europe

o    UK

o    Germany

·         Asia Pacific

o    Japan

o    China

·         Latin America

o    Brazil

o    Mexico

·         MEA

o    South Africa

o    Saudi Arabia

Access Full Press Release of this Report:www.grandviewresearch.com/press-release/global-nerve-monitoring-devices-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: https://www.grandviewresearch.com/