Market Size And Forecast: Governance, Risk & Compliance Software 2025-2031 (Global)
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Executive Summary
This report provides risk management professionals with an in-depth view of the current state of the governance, risk and compliance (GRC) software market, and looks to its future to 2031. The Verdantix market size and forecast model incorporates analysis of different market drivers, survey data, and disclosed and calculated revenue information, to forecast the market’s growth by region and industry. This market size and forecast projects that the overall GRC software market was worth over $6.5 billion in 2025 and will grow at a CAGR of 9% to almost $11 billion by 2031.
Figure 1. Geographic breakdown of core countries within six regions
Figure 2. Industries categorized by risk level
Figure 3. Verdantix market size and forecast methodology
Figure 4. GRC software market by region: 2025
Figure 5. GRC software market by industry: 2025
Figure 6. GRC software market by region: 2025-2031
Figure 7. GRC software market by industry: 2025-2031
About the Authors
Tom Murphy
Analyst
Tom is an analyst at Verdantix, specializing in third-party, GRC, reputational and geopolitical risk. His current research agenda focuses on how organizations can insulate the...
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Bill Pennington
VP Research
Bill is VP Research at Verdantix, where he leads analysis on the evolving and interconnected landscapes of EHS, quality, AI and enterprise risk management. His research helps ...
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