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Governance Risk and Compliance Platform Market to Grow by USD 44.22 Billion from 2025 to 2029, Driven by Regulatory Compliance Needs, Report on How AI Is Driving Market Transformation – Technavio

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NEW YORK, Feb. 14, 2025 /PRNewswire/ — Report with the AI impact on market trends – The governance risk and compliance (GRC) platform market and it is set to grow by USD 44.22 billion from 2025 to 2029. However, the growth momentum will progressing at a CAGR of 14.2% during the forecast period, according to Technavio. The governance risk and compliance (grc) platform market is fragmented, and the vendors are seeking strong partnerships with automotive, industrial, and commercial companies to compete in the market. ACL Services Ltd. Dba Galvanize, Check Point Software Technologies Ltd., Corporater AS, Fidelity National Information Services Inc., International Business Machines Corp., LogicManager Inc., Mega International SA, MetricStream Inc., Microsoft Corp., Mitratech Holdings Inc., NAVEX Global Inc., OneTrust LLC, Oracle Corp., ROBERT HALF INC, SAI360 Inc., SAP SE, SAS Institute Inc., Software AG, Thomson Reuters Corp., and Wolters Kluwer NV are some of the major market participants -. 

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Governance Risk And Compliance (GRC) Platform Market 2025-2029: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The governance risk and compliance (grc) platform market report covers the following areas:

Governance Risk And Compliance (GRC) Platform Market SizeGovernance Risk And Compliance (GRC) Platform Market TrendsGovernance Risk And Compliance (GRC) Platform Market Industry AnalysisPorter’s Five Forces AnalysisCustomer Landscape

The governance risk and compliance (grc) platform market is fragmented, and the degree of fragmentation will accelerate. The increased need to comply with regulatory requirements will offer immense growth opportunities. However, the Increasing data security concerns will hamper the market growth

Governance Risk And Compliance (GRC) Platform Market 2025-2029: Drivers & Challenges

Organizations must adhere to regulatory requirements to manage corporate data effectively. The US government enforces acts and policies like SOX and HIPAA. SOX outlines controls for handling financial information, while HIPAA focuses on protecting health information and maintaining privacy. HIPAA applies to a broad range of firms since 2010, ensuring patient health information confidentiality. FINRA, Gramm-Leach-Bliley, Fair Credit Reporting Acts, and PCI compliance are regulatory guidelines for investment companies, banks, and other firms to prevent financial crimes, secure information access, and maintain regulatory compliance.

Businesses rely on Governance Risk and Compliance (GRC) platforms to manage and mitigate risks associated with data security in the cloud. While cloud services offer convenience and ease of access, they also introduce new vulnerabilities. Data security is a major concern for organizations as they grant access to their sensitive business information to cloud service providers. Despite assurances of top-tier security standards and certifications, storing data externally increases the risk of breaches. The public nature of the cloud makes it more susceptible to attacks, and the ease of procuring and accessing cloud services can create potential loopholes for cybercriminals to exploit. Organizations must implement GRC solutions to ensure compliance with regulations, secure data, and mitigate risks in the cloud environment.

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Segment Overview 

This governance risk and compliance (grc) platform market report extensively covers market segmentation by

DeploymentOn-premisesCloud-basedComponentSoftwareServicesGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And Africa

1.1 On-premises- On-premises Governance Risk and Compliance (GRC) platforms are essential for organizations to manage their structural policies, identify and manage various risks, and ensure adherence to regulations. These platforms consist of three dimensions: governance, risk management, and compliance. Governance involves implementing policies and reforms for corporate governance. Risk management identifies and manages operational, financial, and fraud risks. Compliance enforces policies, procedures, and adherence to regional regulations. On-premises GRC solutions automate reporting and documentation processes and support international standards like GAAP and IFRS. HighBond and RSA Archer are popular on-premises GRC platforms, offering end-to-end solutions for security, risk management, compliance, and audit professionals. The market has seen the launch of innovative on-premises GRC platforms, such as Credo AI’s AI-specific GRC platform, which helps manage risks associated with AI deployments. The cost of on-premises GRC solutions ranges from USD200,000 to USD600,000, making it a preferred choice for large-sized businesses. These platforms use open-source technologies and cater to various industries, driving the growth of the on-premises GRC platform market.

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Governance Risk And Compliance (GRC) Platform Market 2025-2029: Key Highlights

CAGR of the market during the forecast period 2025-2029Detailed information on factors that will assist governance risk and compliance (grc) platform market growth during the next five yearsEstimation of the governance risk and compliance (grc) platform market size and its contribution to the parent marketPredictions on upcoming trends and changes in consumer behaviorThe growth of the governance risk and compliance (grc) platform market across North America, Europe, APAC, South America, and Middle East and AfricaAnalysis of the market’s competitive landscape and detailed information on vendorsComprehensive details of factors that will challenge the growth of governance risk and compliance (grc) platform market vendors

Governance Risk And Compliance (GRC) Platform Market Scope

Report Coverage

Details

Base year

2024

Historic period

2017-2021

Forecast period

2025-2029

Growth momentum & CAGR

Accelerate at a CAGR of 14.2%

Market growth 2025-2029

USD 44224.6 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

12.2

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 39%

Key countries

US, UK, China, Canada, Germany, India, Japan, France, Brazil, and UAE

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

ACL Services Ltd. Dba Galvanize, Check Point Software Technologies Ltd., Corporater AS, Fidelity National Information Services Inc., International Business Machines Corp., LogicManager Inc., Mega International SA, MetricStream Inc., Microsoft Corp., Mitratech Holdings Inc., NAVEX Global Inc., OneTrust LLC, Oracle Corp., ROBERT HALF INC, SAI360 Inc., SAP SE, SAS Institute Inc., Software AG, Thomson Reuters Corp., and Wolters Kluwer NV

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

About US
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Cavli Wireless Launches Cavli360, a Collaborative Industry Magazine Connecting the Global IoT Ecosystem

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SAN JOSE, Calif., Oct. 28, 2026 /PRNewswire/ — Cavli Wireless, a global end-to-end IoT solutions provider, has launched the inaugural edition of Cavli360, a new industry publication featuring insights, experiences, and perspectives from across the connected technology landscape.

Officially launched at electronica India 2026 in Bengaluru, Cavli360 is a collaborative platform that brings together insights and perspectives from Cavli Wireless’s leadership team, customers, distributors, technology partners, industry experts, and analysts to spotlight innovations, industry developments, and emerging trends shaping the future of IoT.

Read Cavli360 Edition 1 online: Explore the digital magazine

Reflecting on nearly a decade of innovation and technological advancement, the inaugural edition of Cavli360 features insights from John Mathew, Founder and CEO of Cavli Wireless, on the company’s evolution, technological breakthroughs, and key milestones that have shaped its journey in the cellular IoT industry.

Perspectives from Cavli’s co-founders further shed light on the strategic and operational foundations that have supported the company’s growth over the years, while outlining its vision for the future.

Strategic Growth Highlights

Manufacturing expansion: Plans to triple manufacturing capacity.International growth: Expanding beyond the Indian market to meet growing international demand.Talent development: Shifting from talent acquisition toward nurturing talent and developing capabilities internally.

The magazine also brings together insights from Cavli’s leadership and functional teams, exploring the core capabilities behind its end-to-end IoT ecosystem. Covering hardware architecture, embedded firmware, RF engineering, quality assurance, manufacturing, customer support, and regulatory certifications, the articles highlight the depth of Cavli’s technical expertise and the engineering capabilities that drive its IoT innovations. Contributions from Cavli’s regional sales leaders provide insights into evolving market dynamics, changing customer requirements, and emerging opportunities across international markets.

Additionally, the publication provides a glimpse into Cavli’s end-to-end IoT ecosystem, highlighting its cellular IoT module portfolio, global connectivity powered by MNO/MVNO partnerships, and the Cavli Hubble™ platform that enables seamless connectivity management, remote device management, and lifecycle orchestration across IoT deployments. 

Technical and IoT Ecosystem Highlights

Engineering expertise: Hardware architecture, embedded firmware, RF engineering, quality assurance, manufacturing, customer support, and regulatory certifications.Cellular IoT and connectivity: LPWAN, LTE, and 5G cellular IoT modules with integrated eSIM connectivity, powered by global MNO/MVNO partnerships for seamless cellular IoT connectivity.Cavli Hubble™ platform: Connectivity management, remote device management, and lifecycle orchestration across IoT deployments.

Beyond internal perspectives, Cavli360 brings together insights from technology partners, distributors, customers, and industry analysts, offering a broader view of the developments shaping the cellular IoT ecosystem. Expert articles examine key industry trends, including 5G adoption in automotive applications, the convergence of AI and IoT, and the evolution from 5G to 6G. Customer success stories showcase real-world applications of Cavli’s integrated IoT solutions across smart retail, supply chain visibility, smart cities, and other sectors, highlighting their role in simplifying connectivity and enabling connected deployments. Technology partners and distributors also offer additional insights into emerging technologies, regional market dynamics, and growth opportunities across the global IoT landscape.

“IoT growth depends on collaboration across the entire ecosystem, from semiconductor providers and technology partners to device manufacturers and end users. Through Cavli360, we aim to bring these voices together and create meaningful conversations around the future of connectivity. We are excited to share insights into the latest developments and emerging trends shaping the IoT ecosystem through this inaugural edition and future editions of Cavli360,” remarked Alexander Johann Bufalino, CMO & VP of Cloud Services at Cavli Wireless.

Cavli360 Edition 1 is available digitally on the Cavli Wireless website, making it accessible to readers worldwide. Printed copies will also be distributed at various industry events and exhibitions attended by Cavli Wireless and its distribution partners. This includes the upcoming electronica Munich 2026, taking place from November 10–13, at the Trade Fair Center Messe München, Germany, where attendees can collect a copy from the Cavli Wireless Booth C2.628.

Through Cavli360, Cavli Wireless aims to foster a more connected, collaborative, and forward-looking IoT ecosystem, one where ideas spark innovation and shared knowledge drives progress. Cavli360 is more than a magazine; it is a platform for shaping conversations, inspiring innovation, and advancing the future of IoT together.

About Cavli Wireless

Cavli Wireless is a global end-to-end IoT solutions provider enabling organizations to build, deploy, and manage connected products at scale. Cavli’s integrated hardware-to-cloud ecosystem combines cellular IoT modules with built-in eSIM connectivity and Cavli Hubble™, a cloud-based platform for IoT connectivity, device and SIM lifecycle management.

Cavli enables OEMs, ODMs, enterprises, and technology partners to develop and scale connected solutions across automotive, industrial, and smart infrastructure applications through its integrated hardware, connectivity, and cloud capabilities.

Headquartered in the United States with engineering and operational capabilities across key markets, Cavli Wireless works with customers and partners worldwide to simplify connected product development and support scalable IoT deployments.

Mariam Abey George, Junior Associate – Digital Marketing
Cavli Wireless
mariam.george@cavliwireless.com
cavliwireless.com

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SOURCE Cavli Inc.

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Whoscall, GASA and Mastercard Release the 2026 Asia Scam Report: Hong Kong

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More Than 80% of Hong Kong Respondents Encountered Scams; Phone Calls and SMS Remain the Leading Channels and bank account transfers by scammers is significantly above the Asia average at 43%

Impersonation Scams Are the Most Common, While More Than 60% of Victims Have Been Scammed More Than Once

HONG KONG, Oct. 28, 2026 /PRNewswire/ — The Global Anti-Scam Alliance (GASA), Whoscall, the anti-scam app developed by TrustTech company Gogolook, and Mastercard have jointly released the 2026 Asia Scam Report: Hong Kong. The report examines how people in Hong Kong encounter scams, the tactics scammers use, how victims are asked to pay, and the effects of being scammed. It finds that 81% of respondents encountered a scam in the past year, while 48% interacted with a scammer. Phone calls and SMS remain the most common points of contact, and WhatsApp leads among individual digital platforms.

81% Encountered Scams; 27% of Victims Were Scammed Five Times

According to the report, 81% of Hong Kong respondents encountered a scam in the past year. Nearly half (48%) interacted with a scammer; 21% lost money following an interaction, and 14% provided personal information. The risk also extends to younger people: 33% of parents surveyed said their underage children had been scammed.

Among respondents who had been scammed, approximately 63% had been victimized more than once. More than a quarter (27%) said they had been scammed five times, while another 6% reported more than five incidents. These findings point to the need for continued support after an initial scam, including guidance that helps victims recognize and avoid subsequent attempts.

“One of the most striking findings in Hong Kong is the gap between confidence and vulnerability. While 76% of adults believe they can recognize a scam, nearly half of those exposed still interacted with one. Awareness is important, but consumers cannot be expected to carry the burden alone. Stronger prevention and intervention across the scam journey are essential,” said Brian D. Hanley, Chapter Director Asia-Pacific, Global Anti-Scam Alliance (GASA).

Jeff Kuo, Co-founder and CEO of Gogolook, said: “Scams now reach people through everyday channels, from phone calls and texts to messaging apps. More than 60% of scam victims in Hong Kong have been scammed more than once, highlighting the need for continued scam prevention education. Through our work with GASA, we hope to turn these findings into greater awareness and stronger protection. Gogolook will keep improving its technology to help people identify scams.”

Rajat Maheshwari, GASA Inaugural Chapter Chair and Senior Vice President, Strategic Growth (AP), Mastercard shared, “Hong Kong has put in place a strong range of measures to combat scams, offering valuable learnings for markets around the world. As scams continue to evolve, the GASA report highlights the opportunity to build on this progress through deeper collaboration across the wider ecosystem, supported by technology and a greater focus on preventive and behavior-based measures. Continued public-private partnership will be essential to staying ahead of emerging threats and helping protect people from scam-related losses.”

Top Three Scam Channels Revealed; WhatsApp Leads Digital Platforms at Nearly 70%

Phone calls (59%) and SMS (52%) were the channels through which Hong Kong respondents most commonly encountered scams, followed by messaging apps (47%) and email (41%). Compared with 2025, the share reporting scam contact by phone was unchanged, SMS fell by two percentage points, and messaging apps rose by four percentage points. The report also found that around 80% of scam contact occurred on platforms with private messaging capabilities, underscoring the need to scrutinize suspicious requests that move from calls or texts into private conversations.

Among individual digital platforms, WhatsApp ranked first at 68%. Hong Kong Police recently reported receiving around 50 cases of WhatsApp account hijacking in the first week of October, with losses totaling nearly HK$20 million. Many of the cases involved cryptocurrency or investment pretexts. Gmail (32%) and Facebook (28%) followed WhatsApp, while Instagram (22%) and Telegram (17%) also featured prominently. Whoscall advises people to verify a contact through a separate, trusted channel, even when a message arrives on a familiar platform or appears to come from a friend, business or public agency.

Impersonation Encountered by Over 80% of Respondents, Followed by Investment and Shopping Scams

Impersonation was the most widely encountered scam type, reported by 81% of Hong Kong respondents; 17% had interacted with someone carrying out such a scam. Scammers may pose as Hong Kong Police, the Department of Health or mainland law enforcement officials, claim that a person is implicated in a crime, and demand passwords or access to assets for a purported investigation. Others may impersonate banks, major telecommunications providers or online shopping platforms, using claims of account problems or order cancellations to obtain personal information, passwords or remote access to a device.

Investment scams followed at 78%, while shopping scams reached 71%. Respectively, 17% and 16% of respondents had interacted with scammers using these approaches. Other commonly encountered schemes included prize scams (68%), fake invoice scams (64%), identity theft (62%) and romance scams (61%). In addition, 55% had encountered offers claiming to help recover money lost to a scam. Such approaches warrant particular caution from people who have already suffered a loss.

Bank Transfers Are the Most Common Payment Method; Harm Extends Beyond Financial Loss

Among respondents who paid a scammer, 43% did so by bank transfer, above the Asia-wide average of 36%. Mobile payment apps and credit cards each accounted for 25%, followed by e-wallets at 24%. Physical or digital gift cards, cash, and payment tools within websites each accounted for 21%. The trend shows scammers favor immediate and irrevocable payment methods that increase in abuse rates in Hong Kong. This will require more advance interventions to secure these immediate payment rails in Hong Kong.

The report also examined the broader effects of scams on people in Hong Kong. Beyond financial loss, 33% said the experience had damaged their confidence and caused them to question themselves, 28% worried about being scammed again, and 23% had become less trusting of the internet or digital tools. The effects reached into daily life: 23% needed financial help from friends or family, and another 23% reported a greater need to borrow money. Both figures exceeded the Asia-wide averages.

When faced with a suspicious message or request, Whoscall recommends pausing before taking action and checking the sender’s identity using information from an official website. Anti-scam tools can also help assess unfamiliar numbers, links and messages. Anyone who has been scammed should seek help from the relevant authorities or organizations promptly and remain alert to subsequent offers to recover their money, which may be another scam attempt.

To help people navigate changing scam tactics, Whoscall offers more than caller identification. Its Check feature lets users assess suspicious phone numbers, URLs and screenshots in one place. Whether they receive an unfamiliar message or a promotional email, users can upload a screenshot or photograph a physical flyer for an AI-powered assessment of potential risks. They can also share the results with friends and family, helping others recognize suspicious content before they engage with it.

The full 2026 Asia Scam Report – Hong Kong is available on the GASA website:
https://gasa.org/knowledge-base?content_group=318467252980&page=1

For more information about the Global Anti-Scam Summit Asia 2026, visit:
https://events.gasa.org/gass-asia-2026

About Whoscall

The Whoscall app, a digital anti-scam tool, is designed to protect users across various scenarios from scams and spams, including phone calls, text messages, and links. With over 100 million downloads worldwide, it boasts the most comprehensive database in East and Southeast Asia, encompassing over 2.6 billion phone numbers, and collects data from partner ScamAdviser to form a leading digital anti-scam database. The Whoscall team has been dedicated to developing anti-scam technology for over a decade, employing AI to analyze and simulate the patterns of scam groups, proactively preventing the spread of scams. At the same time, Whoscall actively engages in building a community collaboration mechanism with its users, playing a role with societal impact in digital anti-scam services from educational initiatives, cross-sector collaboration to product innovation. Recognized and chosen for partnerships by the Taiwan National Police Agency, Thai Royal Police and NCSA, Royal Malaysia Police and CyberSecurity Malaysia, the Philippines Cybercrime Investigation and Coordinating Center, Financial Supervisory Service of South Korea, and local governments in Japan.

For more information, please refer to: https://whoscall.com/en

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SOURCE Whoscall; Gogolook

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“All Access with Andy Garcia” Explores Data Loss Prevention and Recovery with Secure Data Recovery Services

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Educational segment examines how preparation, backup strategies, and specialized recovery services help protect individual and business data amid rising vulnerabilities.

CLEVELAND, Oct. 28, 2026 /PRNewswire/ — “All Access with Andy Garcia” features Secure Data Recovery Services in an educational segment that highlights the critical importance of professional data recovery solutions in an era of growing digital vulnerability. Filmed on May 21, 2026, the segment began commercial and Public Television distribution in September 2026.

Family photos, professional records, and business systems all depend on digital storage that can be affected by hardware failure, human error, or ransomware. The segment examines the importance of planning before an incident occurs, including establishing backup strategies and testing response plans. Viewers learn how preparation can help limit disruption and reduce the risk of permanent loss.

The series takes viewers inside the specialized science of recovering data from damaged or compromised devices, and explains why preparation matters before a crisis occurs. Secure Data Recovery shares insights into cleanroom recovery for storage devices, ransomware recovery techniques, and the research required to understand evolving storage technologies. As devices become more complex, the company’s specialists study how storage technologies are designed and behave, developing recovery methods before customers need them.

The company’s work also reveals how recovery experience can inform prevention. The need to return recovered files securely inspired the development of hardware-encrypted drives, while lessons with ransomware recovery reinforced the importance of user education and disaster recovery planning. From creating and storing information to recovering it, and ultimately securely destroying it, the segment offers a broader look at responsible data management. As the company’s staff emphasize, data loss is not a question of “if,” but “when,” making informed preparation an essential part of protecting valuable digital assets.

“Being featured on All Access is a testament to our entire team’s dedication,” said Sergey Gulyayev, CEO of Secure Data Recovery. “We are committed to providing the highest level of service to our clients when they are most vulnerable, and we are honored that this commitment has been recognized by such a respected outlet.” He added: “We invest in client education and preparedness; the best outcome for everyone is a client who never needs emergency recovery because they had the right strategy in place.”

About All Access

Hosted by actor, director, and producer Andy Garcia, “All Access with Andy Garcia” brings educational stories to Public Television stations nationwide. Through expert perspectives and compelling storytelling, the series explores developments in science, business, healthcare, education, and more, helping audiences better understand the ideas and efforts shaping their communities and the world around them. Learn more at www.allaccessptv.com.

About Secure Data Recovery

Secure Data Recovery is an industry leader in professional data recovery, delivering secure, reliable solutions for organizations and individuals facing complex data loss or ransomware attacks. Backed by advanced technology, state-of-the-art facilities, and a dedicated team of engineers, the company specializes in recovering data from hard drives, RAID arrays, SSDs, mobile devices, and more. By combining specialized expertise, global operations, and industry leadership, Secure Data Recovery delivers high success rates, certified data security practices, and a customer-focused approach that includes free, comprehensive diagnostic analyses, no-obligation price quotes, and 24/7 emergency support — giving customers peace of mind and efficient results during critical data emergencies.

Secure Data Recovery is headquartered in Cleveland, OH, USA.

For additional information, please visit https://www.securedatarecovery.com.

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SOURCE All Access

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