Regulatory Compliance Management Software Market

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Regulatory Compliance Management Software
MarketMarket size, Industry outlook, Market
Forecast, Demand Analysis, Market Share, Market
Report 2021-2026
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• Regulatory Compliance Management Software Market
  size was valued at 27.8 billion in 2020 and it
  is estimated to grow at a CAGR of 12.5 during
  2021-2026. The main factor behind the growth of
  Regulatory Compliance Management Software market
  is increasing implementation of regulatory
  control solutions such as policy management,
  compliance management, audit management, incident
  management, risk management, case
  management, financial control management and
  others. 
• Different business organizations are opting for
  these solutions in order to reduce the monetary
  and reputational damage caused by non-compliance.
  Furthermore, the increasing sophistication of the
  business compliance and regulatory management
  environment has paved the way for the
  introduction of governance and risk and
  compliance (GRC) solutions across different
  industry domains.

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• Key Takeaways
• ICT sector dominated the market in 2020 with the
  highest Regulatory Compliance Management Software
  market share and is analyzed to grow with a
  significant amount of growth, owing to the nature
  and the amount of data this sector collects,
  processes and stores.
• North America held the major market share and is
  anticipated to witness significant growth during
  the forecast period, owing to early penetration
  of advanced technologies, growing cyber-threats
  and stringent Government regulatory norms.
• The market of Regulatory Compliance Management
  Software is estimated to witness a significant
  upsurge during the forecast period, owing to the
  integration of smart technologies in regulatory
  compliance management software.

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By Distribution Channel- Segment Analysis By
deployment type the market is segmented into on
premise and cloud. Cloud based is set to grow at
highest CAGR of 13.52 during the forecast period
2021-2026 owing to its high adoption across the
industry verticals. According to Flexera 2020
State of the Cloud Report, 87 of the enterprises
are deploying the cloud solutions thus suggesting
it has the highest market share in 2020. The
nearly infinite computing power reduced
operational cost, simple deployment, installation
and up-gradation process, higher flexibility,
easy maintenance, greater reliability and many
other benefits, make cloud-based regulatory
compliance management software more desirable
than on-premise ones. 
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• Regulatory Compliance Management Software
  Market Industry Outlook 
• MasterControl Inc.
• MetricStream Inc.
• IBM Corporation
• Intelex Technologies Inc.
• SAP SE

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Regulatory Compliance Management Software Market
- Forecast(2021 - 2026) Learn More About the
Report _at_ https//www.industryarc.com/Report/193
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• Company Profile
• Analyst Briefing
• Data Tables
• Key Contacts
• Free Customization
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Reddy Contact (1) 970-236-3677 Email
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