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The two-component Gerdjikov-Ivanov equation with nonzero boundary conditions is studied by the inverse scattering transform. A fundamental set of analytic eigenfunctions is obtained with the aid of the associated adjoint problem. Three symmetry conditions are discussed to curb the scattering data. The behavior of the Jost functions and the scattering matrix at the branch points is discussed. The inverse scattering problem is formulated by a matrix Riemann-Hilbert problem. The trace formula in terms of the scattering data and the so-called asymptotic phase difference for the potential are obtained. The solitons classification is described in detail. When the discrete eigenvalues lie on the circle, the dark-dark soliton is obtained for the first time in this work. And the discrete eigenvalues off the circle generate the dark-bright, bright-bright, breather-breather, M(-type)-W(-type) solitons, and their interactions.