This report identifies key demand-side trends in the governance, risk, and compliance (GRC) services space, guiding enterprises in refining their GRC strategies. It offers insights into the evolving regulatory landscape, industry-driven adoption of GRC solutions, key challenges faced by enterprises, and the integration of Gen AI into GRC processes based on Avasant’s assessment.
Industries such as manufacturing, banking, financial services, and healthcare and life sciences operate in strict regulatory and high-risk environments, creating a need for compliance management, securing sensitive data, mitigating risks, ensuring operational continuity, and adopting ethical AI practices to support resilience and integrity in complex regulatory and operational landscapes.
The Governance, Risk, and Compliance Services 2024 Market Insights™ aids enterprises in identifying important market trends and challenges for any governance, risk, and compliance project that they take part in.
The industry insights presented in this report are based on our ongoing interactions with enterprise CXOs and other key executives, targeted discussions with service providers, subject matter experts, and Avasant Fellows, analyst insights from primary and secondary research, and lessons learned from consulting engagements.
About the report (Page 3)
Executive summary (Pages 4–7)
Demand-side trends (Pages 8–12)
Key contacts (Pages 13)
Read the Research Byte based on this report. Please refer to Avasant’s Governance, Risk, and Compliance Services 2024 RadarView™ for detailed insights on the service providers and supply-side trends.
Avasant’s research and other publications are based on information from the best available sources and Avasant’s independent assessment and analysis at the time of publication. Avasant takes no responsibility and assumes no liability for any error/omission or the accuracy of information contained in its research publications. Avasant does not endorse any provider, product or service described in its RadarView™ publications or any other research publications that it makes available to its users, and does not advise users to select only those providers recognized in these publications. Avasant disclaims all warranties, expressed or implied, including any warranties of merchantability or fitness for a particular purpose. None of the graphics, descriptions, research, excerpts, samples or any other content provided in the report(s) or any of its research publications may be reprinted, reproduced, redistributed or used for any external commercial purpose without prior permission from Avasant, LLC. All rights are reserved by Avasant, LLC.
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