19-Sep-2019: The global crime risk report
market size is expected to reach USD 15.34 billion by
2025, registering a CAGR of 21.4% from 2019 to 2025, according to a new study
conducted by Grand View Research, Inc. Growing threats from internal and
external terrorist activities coupled with rising number of financial frauds,
such as fraudulent investment scams, Ponzi schemes, illegal online lotteries,
and money laundering activities, are expected to drive the market over the
forecast period. Crime risk analytics solutions are designed to collect crime
data from law enforcement agencies and statistically predict the crime rates
for every individual type of crime. The need for such solutions is growing due
to increasing crime cases across the world.
Increasing personal
crimes, such as homicides and kidnapping, are forcing individuals to consult
crime risk report companies. Moreover, property crimes, such as carjacking,
burglaries, shop robberies, and gun point robberies, make individuals and
organizations take pre-emptive measures. These factors are expected to drive
the growth of this market over the forecast period. Quick adoption of new and
innovative technologies, such as IoT and Big Data, are increasing the
complexities and security challenges regarding networks and systems. This
factor is also expected to contribute to the market growth in the years to
come.
In
depth research report on Crime Risk Report Market
Further key findings from the study suggest:
·
The financial & cybercrime segment is anticipated to
register the highest CAGR from 2019 to 2025 as the growing monetary losses
associated with financial frauds and cybercrimes prompt law enforcement
agencies to curb such crimes
·
Asia Pacific is expected to be the fastest-growing regional
market recording a CAGR of 23.9% from 2019 to 2025
·
On the other hand, North America is projected to be the
largest crime risk report market during the forecast years
·
Some of key companies in the market include CAP Index, Inc.;
CCL Ltd.; CORELOGIC; HackSurfer, Intelligent Direct, Inc.; Location, Inc.;
Pinkerton Consulting & Investigations, Inc.; Silva Consultants; and Verisk
Analytics, Inc.
Grand View Research
has segmented the global crime risk report market on the basis of type and
region:
Crime Risk Report Type Outlook (Revenue, USD Million, 2014 -
2025)
·
Financial & Cybercrime
·
Personal
·
Property
·
Others
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About
Grand View Research
Grand View Research, Inc. is the
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides syndicated
research reports, customized research reports, and consulting services. To help
clients make informed business decisions, the company offers market
intelligence studies ensuring relevant and fact-based research across a range
of industries including technology, chemicals, materials, healthcare and
energy.
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