Cyber Risks and Regulations Drive Rapid Growth in GRC Market

LogicGate CEO Matt Kunkel on Why GRC Is Growing Faster Than the Software Industry Anna Delaney (annamadeline) • April 30, 2025

As cyberthreats grow in scale and sophistication, organizations are being forced to rethink how they structure and invest in governance, risk and compliance programs. GRC is growing faster than the broader software industry.

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Several factors are driving this rapid growth. "First, cyberthreats are one of the most important things that CEOs and boards care about. Second is just the pace of regulatory change that's out there," said Matt Kunkel, co-founder and CEO of LogicGate. "Third is the emergence of the cloud by many vendors out there that work with large or small organizations. They have to be compliant and protect customers' data. Last is just the pace of change and the interconnectivity of GRC."

Despite this momentum, organizations still struggle ...