Crime Risk Report Market Report 2025

This Crime Risk Report market report provides a comprehensive analysis of the market’s characteristics, size, and growth, including segmentation, regional and country-level breakdowns, competitive landscape, market shares, trends, and strategies. It also tracks historical and forecasted market growth across various geographies.

The crime risk report market size has grown rapidly in recent years. It will grow from $10.03 billion in 2024 to $11.75 billion in 2025 at a compound annual growth rate (CAGR) of 17.2%. The growth in the historic period can be attributed to increasing frequency and sophistication of cyber threats, high-profile cybersecurity incidents, digital transformation, and growing attack surface, increasing dependency on digital infrastructure.

The crime risk report market size is expected to see rapid growth in the next few years. It will grow to $22.66 billion in 2029 at a compound annual growth rate (CAGR) of 17.8%. The growth in the forecast period can be attributed to emergence of new cyber threat vectors, elevated concerns about supply chain cybersecurity, integration of cyber risk management into business strategy, focus on insider threats and employee training, rise in cyber insurance adoption. Major trends in the forecast period include rise of ransomware attacks, cloud security challenges, human-centric cybersecurity strategies, continuous monitoring and threat intelligence, collaboration and information sharing.

The escalating incidents of cybercrime are anticipated to drive the expansion of the crime risk report market. Cybercrime encompasses illicit activities conducted through digital means or via the dissemination of malicious software, jeopardizing sensitive information. Crime risk reports play a pivotal role in averting cyber threats such as hacking, phishing, and malware attacks. Industries increasingly rely on these reports to pinpoint potential vulnerabilities and mitigate risks, safeguarding their assets and data from cyber threats. For example, the Australian Cyber Security Centre reported a surge in cybercrime reports, totaling 76,000 in 2022, marking a 13% increase from the preceding year. Consequently, the surging cases of cybercrime are poised to fuel the growth of the crime risk report market.

The ascending crime rates are projected to propel the advancement of the crime risk report market. Crime, characterized by intentional actions considered socially detrimental or hazardous, constitutes conduct clearly defined, prohibited, and punishable under criminal law. Leveraging sophisticated data analytics and predictive modeling, crime risk reports furnish valuable insights into crime patterns, empowering informed decision-making regarding security measures and resource allocation. Heightened awareness regarding potential risks associated with crime accentuates the significance of these crime risk reports. For instance, statistics from the UK's Office for National Statistics showcased an increase in Knife or sharp instrument offenses within the Metropolitan area, rising from 10,605 to 11,232 in the fiscal year ending June 2022. This surge amounted to a rate of 125 per 100,000 individuals. The West Midlands and Greater Manchester also witnessed substantial offense escalations, underlining an upsurge in crime rates. Consequently, the mounting crime rate serves as a driving force for the crime risk report market.

Major companies in the crime risk report market are concentrating on developing new technologies, such as artificial intelligence (AI), to enhance their predictive capabilities and improve the precision of crime risk assessments. Artificial Intelligence (AI) involves the simulation of human intelligence processes by machines, particularly computer systems. For instance, in September 2023, Dow Jones Risk & Compliance, a US-based data and technology solutions provider, introduced RiskCenter Advanced Screening and Monitoring (ASAM). This solution specializes in managing financial crime and third-party risks, providing an AI-driven approach that enables organizations to conduct thorough and efficient risk assessments. ASAM utilizes advanced machine learning technologies and integrates data from high-quality, licensed sources to bolster efforts in anti-money laundering (AML), sanctions compliance, and anti-corruption initiatives.

Key players in the cyber risk report market are directing their attention towards adopting Financial Crime Risk SaaS solutions to secure a competitive advantage. A Financial Crime Risk SaaS solution refers to a cloud-based software-as-a-service offering tailored to proactively mitigate and manage financial crime risks within organizational frameworks. This solution encompasses real-time monitoring, analysis, and compliance functionalities. For example, in May 2022, Fenergo, headquartered in Dublin and specializing in SaaS solutions, unveiled 'FinCrime Risk.' This API-first SaaS solution aims to streamline and automate risk assessment protocols, facilitating accelerated anti-money laundering (AML) compliance across various business sectors and geographical locations. Focused on technology, FinCrime Risk empowers financial institutions to centralize risk assessment processes, digitize manual operations, enhance operational efficiencies, and elevate customer onboarding experiences. It provides comprehensive client and entity risk profiles accessible to authorized users through integrated platforms.

In May 2024, Plenitude Consulting, a UK-based financial crime compliance advisory firm, acquired Contineo Financial Risk Solutions for an undisclosed amount. This acquisition aims to strengthen Plenitude Consulting's position as a leading technology advisor and implementation partner for artificial intelligence (AI)-enabled financial crime solutions. Contineo Financial Risk Solutions is a UK-based company that offers advisory services focused on financial crime risks.

A crime risk report is a detailed analysis of crime data that provides insights into the likelihood of criminal activities occurring in a specific area. It serves as a valuable tool for individuals and businesses to make informed decisions regarding safety and security based on the crime patterns and trends in a particular location.

The main types of crime risk reports encompass financial and cybercrime, personal, property, and other categories. Financial and cybercrime involve criminal activities conducted through digital technologies to illicitly acquire sensitive information or funds. These solutions can be deployed both on-premises and in the cloud, catering to organizations of various sizes, including large enterprises and small to medium enterprises (SMEs). The applications of crime risk reports span across industries such as banking, financial services and insurance (BFSI), government, real estate, and others.\

The crime risk report market research report is one of a series of new reports that provides crime risk report market statistics, including crime risk report industry global market size, regional shares, competitors with a crime risk report market share, detailed crime risk report market segments, market trends, and opportunities, and any further data you may need to thrive in the crime risk report industry. This crime risk report market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Major companies operating in the crime risk report market report are CAP Index Inc., CoreLogic Inc., HackSurfer LLC, International Business Machines Corporation, Intelligent Direct Inc., Location Inc., PricewaterhouseCoopers International Limited, Pinkerton Consulting & Investigations Inc., Silva Consultants, Verisk Analytics Inc., ACI Worldwide Inc., Capco LLC, Fenergo Limited, Fiserv Inc., Oracle Corporation, Refinitiv US Holdings Inc., RiskScreen International Limited, Mphasis Limited, Capgemini SE, Moody's Corporation, Deloitte Touche Tohmatsu Limited, KPMG International Cooperative, Accenture plc, Ernst & Young Global Limited, Dell Technologies Inc., Check Point Software Technologies, Palo Alto Networks, VMware Inc., CrowdStrike Inc., Darktrace Limited.

North America was the largest region in the crime risk report market in 2023. Asia-Pacific is expected to be the fastest-growing region in the crime risk report market report during the forecast period. The regions covered in the crime risk report market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the crime risk report market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The crime risk report market includes revenues earned by entities by the sale of one-time or customized reports, subscription of regular reports, and related services such as consulting and risk management to specific clients. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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