The global crime risk report market size reached US$ 8.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 25.0 Billion by 2028, exhibiting a growth rate (CAGR) of 17.6% during 2023-2028. The rising demand for crime risk reports in the BFSI industry, the growing adoption of cloud-based solutions, and the recent development of advanced predictive analytics represent some of the key factors driving the market.
|Market Size in 2022
||US$ 8.9 Billion
|Market Forecast in 2028
||US$ 25.0 Billion
|Market Growth Rate (2023-2028)
Crime risk report refers to risk management solutions that aid organizations in assessing the levels of criminal activities and risk associated with a specific area. These reports include various information, such as crime statistics, demographic data, risk factors, law enforcement data, predictive analytics, and future recommendations. Crime risk report is widely used for real estate investment, policy formulation, resource allocation, business operations, insurance underwriting, fraud prevention, and personal safety. It assists companies in making informed decisions, identifying potential risks and threats, developing strategies, protecting assets, and implementing security measures. As a result, crime risk report finds extensive applications across the banking, financial services, and insurance (BFSI), real estate, government, education, hospitality, and retail industries.
Crime Risk Report Market Trends:
The rising demand for crime risk reports in the BFSI industry to prevent fraudulent activities, monitor compliance with regulatory requirements, assess transactional risks, detect money laundering, and improve the security of physical locations, such as bank branches and automated teller machines (ATMs) is one of the primary factors driving the market growth. In line with this, the increasing report utilization by insurance companies to assess the risk of insuring a property and determine premiums for different coverage options is acting as another growth-inducing factor. Furthermore, the growing adoption of cloud-based solutions that offer scalability, easy accessibility, enhanced security, real-time updates, and improved collaboration between stakeholders is providing an impetus to the market growth. Additionally, the recent development of advanced predictive analytics using machine learning (ML) and other statistical techniques to analyze historical data and predict future crime risk for more accurate and detailed risk assessment is positively influencing the market growth. Apart from this, the rising report adoption among online retailers and e-commerce businesses to identify high-risk areas, prevent theft, improve customer safety, and take proactive security measures is providing a considerable boost to the market growth. Moreover, the widespread report utilization by government agencies to allocate law enforcement resources, develop crime prevention strategies, increase transparency and accountability, improve public safety, and prevent unlawful acts, violence, and illegal activities is creating a positive outlook for the market. Other factors, including rising security concerns, the increasing number of cyberattacks, extensive research and development (R&D) activities, and rapid digitalization across industries, are anticipated to drive the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global crime risk report market report, along with forecasts at the global, regional, and country levels for 2023-2028. Our report has categorized the market based on type, deployment, and application.
- Financial and Cybercrime
The report has provided a detailed breakup and analysis of the crime risk report market based on the type. This includes financial and cybercrime, personal, property, and others. According to the report, financial and cybercrime represented the largest segment.
A detailed breakup and analysis of the crime risk report market based on the deployment has also been provided in the report. This includes cloud-based and on-premises. According to the report, on-premises accounted for the largest market share.
- Real Estate
A detailed breakup and analysis of the crime risk report market based on the application has also been provided in the report. This includes BFSI, government, real estate, and others. According to the report, government accounted for the largest market share.
- North America
- United Kingdom
- Asia Pacific
- South Korea
- Latin America
- Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America was the largest market for crime risk report. Some of the factors driving the North America crime risk report market included rising security concerns, rapid digitalization activities, and increasing government initiatives.
The report has also provided a comprehensive analysis of the competitive landscape in the global crime risk report market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the companies covered include ACI Worldwide Inc., CAP Index Inc., Experian Information Solutions Inc. (Experian PLC), Fenergo Ltd., Fiserv Inc., Intelligent Direct Inc., Location Inc. (CoreLogic Inc.), NIice Ltd., Oracle Corporation, Pinkerton Consulting & Investigations Inc. (Securitas Security Services USA Inc.), Refinitiv, SAS Institute Inc., etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Crime Risk Report Market Report Scope:
|Base Year of the Analysis
| Historical Period
|Scope of the Report
||Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
||Financial and Cybercrime, Personal, Property, Others
||BFSI, Government, Real Estate, Others
||Asia Pacific, Europe, North America, Latin America, Middle East and Africa
||United States, Canada, Germany, France, United Kingdom, Italy, Spain, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
||ACI Worldwide Inc., CAP Index Inc., Experian Information Solutions Inc. (Experian PLC), Fenergo Ltd., Fiserv Inc., Intelligent Direct Inc., Location Inc. (CoreLogic Inc.), NIice Ltd., Oracle Corporation, Pinkerton Consulting & Investigations Inc. (Securitas Security Services USA Inc.), Refinitiv, SAS Institute Inc., etc.
||10% Free Customization
|Report Price and Purchase Option
||Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
|Post-Sale Analyst Support
||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)
Key Questions Answered in This Report:
- How has the global crime risk report market performed so far, and how will it perform in the coming years?
- What are the drivers, restraints, and opportunities in the global crime risk report market?
- What is the impact of each driver, restraint, and opportunity on the global crime risk report market?
- What are the key regional markets?
- Which countries represent the most attractive crime risk report market?
- What is the breakup of the market based on the type?
- Which is the most attractive type in the crime risk report market?
- What is the breakup of the market based on the deployment?
- Which is the most attractive deployment in the crime risk report market?
- What is the breakup of the market based on application?
- Which is the most attractive application in the crime risk report market?
- What is the competitive structure of the global crime risk report market?
- Who are the key players/companies in the global crime risk report market?
Key Benefits for Stakeholders:
- IMARC’s report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the crime risk report market from 2017-2028.
- The research study provides the latest information on the market drivers, challenges, and opportunities in the global crime risk report market.
- The study maps the leading, as well as the fastest-growing, regional markets. It further enables stakeholders to identify the key country-level markets within each region.
- Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the crime risk report industry and its attractiveness.
- Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.