The North America Crime Risk Report Market is expected to witness market growth of 19.4% CAGR during the forecast period (2024-2031).
The US market dominated the North America 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 $7.98 billion by 2031. The Canada market is experiencing a CAGR of 21.8% during 2024-2031. Additionally, the Mexico market is expected to exhibit a CAGR of 20.9% during 2024-2031.
This market is essential to modern security, intelligence, and risk management strategies. These reports provide detailed insights into crime trends, patterns, and vulnerabilities, helping individuals, businesses, law enforcement agencies, and governments make informed decisions to improve security and prevent criminal activities.
With rising crime rates, increasing urbanization, technological advancements, and growing concerns over safety, the demand for these reports has grown significantly. These reports incorporate historical crime data, socio-economic indicators, geospatial mapping, and AI-driven analytics to assess and predict crime risks.
Canada has witnessed a notable rise in crime rates, particularly theft, robbery, and breaking, which collectively drove an increase in the Crime Severity Index (CSI) in 2022. The surge in motor vehicle theft by 24% underscores a growing need for crime analytics solutions that help businesses and law enforcement agencies predict and prevent such crimes. Mexico has been grappling with high rates of auto and auto-related theft, which accounted for 29.4% of all robberies in 2020. This persistent issue has driven demand for these reports, particularly in automotive insurance, real estate, and law enforcement sectors. Businesses and individuals seek detailed crime risk assessments to make informed decisions regarding vehicle security, property investments, and business operations in high-crime areas. The USA has experienced a surge in cybercrime, with 880,418 complaints reported to the FBI in 2023, a 10% increase from the previous year. The total financial losses from cybercrime escalated to $12.5 billion, highlighting the severity of online threats. This rise in cyber-related crimes has increased reliance on cybercrime risk reports, which provide insights into emerging threats, vulnerabilities, and risk mitigation strategies. Therefore, as crime rates continue to rise across Canada, Mexico, and the USA, the market is poised for substantial growth.
The US market dominated the North America 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 $7.98 billion by 2031. The Canada market is experiencing a CAGR of 21.8% during 2024-2031. Additionally, the Mexico market is expected to exhibit a CAGR of 20.9% during 2024-2031.
This market is essential to modern security, intelligence, and risk management strategies. These reports provide detailed insights into crime trends, patterns, and vulnerabilities, helping individuals, businesses, law enforcement agencies, and governments make informed decisions to improve security and prevent criminal activities.
With rising crime rates, increasing urbanization, technological advancements, and growing concerns over safety, the demand for these reports has grown significantly. These reports incorporate historical crime data, socio-economic indicators, geospatial mapping, and AI-driven analytics to assess and predict crime risks.
Canada has witnessed a notable rise in crime rates, particularly theft, robbery, and breaking, which collectively drove an increase in the Crime Severity Index (CSI) in 2022. The surge in motor vehicle theft by 24% underscores a growing need for crime analytics solutions that help businesses and law enforcement agencies predict and prevent such crimes. Mexico has been grappling with high rates of auto and auto-related theft, which accounted for 29.4% of all robberies in 2020. This persistent issue has driven demand for these reports, particularly in automotive insurance, real estate, and law enforcement sectors. Businesses and individuals seek detailed crime risk assessments to make informed decisions regarding vehicle security, property investments, and business operations in high-crime areas. The USA has experienced a surge in cybercrime, with 880,418 complaints reported to the FBI in 2023, a 10% increase from the previous year. The total financial losses from cybercrime escalated to $12.5 billion, highlighting the severity of online threats. This rise in cyber-related crimes has increased reliance on cybercrime risk reports, which provide insights into emerging threats, vulnerabilities, and risk mitigation strategies. Therefore, as crime rates continue to rise across Canada, Mexico, and the USA, the market is poised for substantial growth.
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
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. North America Crime Risk Report Market by Deployment
Chapter 6. North America Crime Risk Report Market by Type
Chapter 7. North America Crime Risk Report Market by Application
Chapter 8. North America Crime Risk Report Market by Country
Chapter 9. Company Profiles
Companies Mentioned
- ACI Worldwide, Inc.
- Fiserv, Inc.
- IBM Corporation
- SAP SE
- Oracle Corporation
- SAS Institute Inc.
- Fenergo
- CAP Index, Inc.
- CoreLogic, Inc.
Methodology
LOADING...
