Market Size And Forecast: Governance, Risk & Compliance Software 2025-2031 (Global)
Bill Pennington
Access this research
Access all Enterprise Risk & GRC content with a strategic subscription or buy this single report
Need help or have a question about this report? Contact us for assistance
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
Industry Analyst
Tom is an Industry Analyst at Verdantix, specializing in third-party, GRC, reputational and geopolitical risk. His current research agenda focuses on how organizations can ins...
View ProfileBill 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 ...
Other related content
Risk intelligence vendors have moved quickly to embed AI across their products, driven by buyer demand for faster, deeper insight into external threats. Regulation is catching up, ...
Upcoming / 09 December, 2026
Risk leaders are being asked to monitor a widening range of external threats, many of which overlap in ways that make them difficult to track in isolation. Cybersecurity remains fr...
Upcoming / 05 November, 2026
In mid-September, Workiva held its annual Amplify conference in Las Vegas, bringing together more than 2,500 customers and partners to exchange experiences and discuss challenges i...
13 October, 2026
New Verdantix research across 301 risk leaders finds that nearly half are still not using real forms of risk intelligence — 34% manually scraping public feeds, 15% using nothing at...
22 September, 2026