The Germany market dominated the Europe Crime Risk Report Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $1.99 billion by 2031. The UK market is exhibiting a CAGR of 18.8% during 2024-2031. Additionally, the France market is expected to experience a CAGR of 20.8% during 2024-2031.
These reports are widely used across various sectors to enhance safety, security, and risk mitigation strategies. They serve as valuable tools for law enforcement agencies by offering data-driven insights that aid in crime prevention, investigation, and resource allocation. Using AI and data analytics, police departments can predict where and when crimes will likely occur, allowing for proactive law enforcement.
Furthermore, crime reports highlight high-crime areas, known as crime hotspots, where law enforcement agencies can focus their patrolling efforts. This helps reduce violent crime, burglary, drug trafficking, and other offenses. Analyzing historical crime data allows agencies to identify recurring crime trends and plan strategies to disrupt them. Understanding potential threats enables faster emergency response times and better-prepared crisis management teams.
The rising incidence of property and cyber-related offenses across the UK and Europe has increased the demand for these reports. These reports play a crucial role in helping businesses, financial institutions, law enforcement agencies, and individuals assess and mitigate theft, burglary, and cybercrime risks. The surge in property-related crimes in the EU, alongside the growing frequency of cybersecurity breaches in the UK, has heightened the need for real-time crime analytics and predictive risk assessment tools, driving the expansion of the market. According to Eurostat, police-recorded property crimes in the EU witnessed a significant rise in 2022, with thefts increasing by 17.9%, robberies by 9.7%, and burglaries by 7.4% compared to 2021. This trend has intensified security and asset protection concerns for businesses, insurance providers, and policymakers. As a result, the demand for crime risk reports has surged as organizations seek data-driven insights to assess high-risk areas, optimize resource allocation for security measures, and enhance law enforcement strategies. Thus, the increasing rates of property crimes in Europe and the growing prevalence of cybercrime in the UK are major factors driving the expansion of the market.
List of Key Companies Profiled
- ACI Worldwide, Inc.
- Fiserv, Inc.
- IBM Corporation
- SAP SE
- Oracle Corporation
- SAS Institute Inc.
- Fenergo
- CAP Index, Inc.
- CoreLogic, Inc.
Market Report Segmentation
By Deployment
- Cloud
- On-premise
By Type
- Financial & Cybercrime
- Property Crime
- Personal Crime
- Other Type
By Application
- Government
- BFSI
- Real Estate
- Other Application
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Table of Contents
Companies Mentioned
- ACI Worldwide, Inc.
- Fiserv, Inc.
- IBM Corporation
- SAP SE
- Oracle Corporation
- SAS Institute Inc.
- Fenergo
- CAP Index, Inc.
- CoreLogic, Inc.
Methodology
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