Global Forensic Accounting Market Insights, Size & Growth Forecast To 2027

Global Forensic Accounting Market by Type (Criminal and fraud investigation, Bankruptcy proceedings, Risk management, Business/Employee Fraud Investigations, Shareholder/Partnership Disputes, Insurance Claims and Others (Personal Earnings Losses, Mediation and Arbitration etc.), By organization Size (Large Enterprises and Small and Medium Sized Enterprises), By Verticals (Automotive, Banking Financial Services and Insurance (BFSI), Healthcare, Travel and Hospitality, Media and Entertainment, Government and Others), and By Region (North America, Europe, Asia Pacific, South America, and Middle East & Africa)

Published: Feb-2021	Report ID: IACT2114	Pages: 1 - 250	Formats^*:
Category : Information & Communications Technology

Global Forensic Accounting market anticipated augmenting by its growing adoption in the banking sector and government institutions. Global Forensic Accounting market appraised to grow with a significant CAGR during the forecast period, 2020-2027. It is due to the increasing application of forensic accounting to monitor everything and look for every possibility to expose fraud and detect the possibility of fraud transactions. Additionally, the forensic accounting software tools help in audit analytics and monitoring software that helps in auditing and managing financial data for investigators. Forensic accounting uses auditing methods and investigative measures to analyze and solve relevant problems in legal practice.

Additionally, with the development of global economic integration, various economic cases involving complex financial and accounting issues occur from time to time. These parties involved in disputes need professional legal accounting agents who will surge the market demand for the forensic accounting market in the forecast periods. Forensic accounting professionals are trained to be proficient in the basic knowledge of forensic accounting such as law, accounting, taxation, auditing, and judicial appraisal. Furthermore, the rise in demand for forensic accounting by large enterprises to strengthen and investigate their forensic auditing to prevent the exposure of frauds will influence the global forensic accounting industry in the forecast periods.

Type Overview in the Global Forensic Accounting Market

Based on type, the global forensic accounting market classified into Criminal and fraud investigation, Bankruptcy proceedings, Risk management, Business/Employee Fraud Investigations, Shareholder/Partnership Disputes, Insurance Claims, and Others (Personal Earnings Losses, Mediation and Arbitration, etc. The Criminal and fraud investigation segment expected to gain maximum revenue by 2027, based on investigating the crime of providing false accounting reports and crime of illegally operating similar businesses in any country.

Organization Size Overview in the Global Forensic Accounting market

Based on Organization Size, the global Forensic Accounting market bifurcated into Large Enterprises and Small & Medium-Sized Enterprises. The Large Enterprises segment likely to lead the market by 2027, as it protects the rights and interests of enterprises and institutions, helps in making important decisions with the participation of relevant legal and accounting personnel.

Verticals Overview in the Global Forensic Accounting Market

Based on Verticals, the global Forensic Accounting market classified Automotive, Banking Financial Services, and Insurance (BFSI), Healthcare, Travel and Hospitality, Media and Entertainment, Government, and Others. The Banking Financial Services and Insurance (BFSI), segment projected to lead the market due to its benefits, such as it helps in risk management, detection of crimes of tax evasion, crimes of fraudulent export tax rebates, it analyzes the accounting matters involved in the case, and provide scientific evidence for judicial proceedings.

Regional Overview in the Global Forensic Accounting Market

By geography, the Global Forensic Accounting Market segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America anticipated dominating the market by 2027 due to the rapid industrialization and growing demand for forensic accounts in the banking sector, hospital sector, and government institutions to prevent fraud taxations across the regions.

Global Forensic Accounting Market: Competitive Landscape

Companies such as Baker Tilly Virchow Krause, LLP, BDO USA LLP, Advanta Global Services, Alvarez & Marsal Holdings, LLC., Accuracy, FTI Consulting, Inc., Hemming Morse, LLP, Galvanize, CaseWare IDEA, Arbutus Software Inc., Fulcrum Management, Nuix, Cygna Labs Corp, e-fense, Passware, OpenText, Cellebrite, Sama Audit Systems & Software Pvt Ltd, and AccessData are the key players in the Global Forensic Accounting Market.

1. Research Strategic Development

1.1. Market Modelling
1.2. Product Analysis
1.3. Market Trend and Economic Factors Analysis
1.4. Market Segmental Analysis
1.5. Geographical Mapping
1.6. Country Wise Segregation

2. Research Methodology

2.1. Identification of Target Market
2.2. Data Acquisition
2.3. Refining of Data/ Data Transformations
2.4. Data Validation through Primary Techniques
2.5. Exploratory Data Analysis
2.6. Graphical Techniques/Analysis
2.7. Quantitative Techniques/Analysis
2.8. Visual Result/Presentation

3. Executive Summary

4. Market Insights

4.1. Economic Factor Analysis
4.1.1. Drivers
4.1.2. Trends
4.1.3. Opportunities
4.1.4. Challenges
4.2. Technological Landscape
4.3. Competitors & Product Analysis
4.4. Regulatory Framework
4.5. Company market share analysis, 2019
4.6. Porterâ€™s Five forces analysis
4.7. New Investment Analysis
4.8. PESTEL Analysis

5. Global Forensic Accounting Market Overview

5.1. Market Size & Forecast, 2016-2027
5.1.1. Demand
5.1.1.1. By Value (USD Million)
5.2. Market Share & Forecast, 2016-2027
5.2.1. By Type
5.2.1.1. Criminal and fraud investigation
5.2.1.2. Bankruptcy proceedings
5.2.1.3. Risk management
5.2.1.4. Business/Employee Fraud Investigations
5.2.1.5. Shareholder/Partnership Disputes
5.2.1.6. Insurance Claims
5.2.1.7. Others (Personal Earnings Losses, Mediation and Arbitration etc.)
5.2.2. By Organization Size
5.2.2.1. Large Enterprises
5.2.2.2. Small and Medium Sized Enterprises
5.2.3. By Verticals
5.2.3.1. Automotive
5.2.3.2. Banking Financial Services and Insurance (BFSI)
5.2.3.3. Healthcare
5.2.3.4. Travel and Hospitality
5.2.3.5. Media and Entertainment
5.2.3.6. Government
5.2.3.7. Others
5.2.4. By Region
5.2.4.1. Europe
5.2.4.2. North America
5.2.4.3. Asia Pacific
5.2.4.4. South America
5.2.4.5. Middle East & Africa

6. North America Forensic Accounting Market Overview

6.1. North America Forensic Accounting Market Size & Forecast, 2016-2027
6.1.1. Demand
6.1.1.1. By Value (USD Million)
6.2. North America Forensic Accounting Market Share & Forecast, 2016-2027
6.2.1. By Type
6.2.1.1. Criminal and fraud investigation
6.2.1.2. Bankruptcy proceedings
6.2.1.3. Risk management
6.2.1.4. Business/Employee Fraud Investigations
6.2.1.5. Shareholder/Partnership Disputes
6.2.1.6. Insurance Claims
6.2.1.7. Others (Personal Earnings Losses, Mediation and Arbitration etc.)
6.2.2. By Organization Size
6.2.2.1. Large Enterprises
6.2.2.2. Small and Medium Sized Enterprises
6.2.3. By Verticals
6.2.3.1. Automotive
6.2.3.2. Banking Financial Services and Insurance (BFSI)
6.2.3.3. Healthcare
6.2.3.4. Travel and Hospitality
6.2.3.5. Media and Entertainment
6.2.3.6. Government
6.2.3.7. Others
6.2.4. By Country
6.2.4.1. US
6.2.4.2. Canada
6.2.4.3. Mexico
6.2.5. Company Market Share (Top 3-5)
6.2.6. Economic Impact Study on North America Forensic Accounting Market

7. Europe Forensic Accounting Market Overview

7.1. Europe Forensic Accounting Market Size & Forecast, 2016-2027
7.1.1. Demand
7.1.1.1. By Value (USD Million)
7.2. Europe Forensic Accounting Market Share & Forecast, 2016-2027
7.2.1. By Type
7.2.1.1. Criminal and fraud investigation
7.2.1.2. Bankruptcy proceedings
7.2.1.3. Risk management
7.2.1.4. Business/Employee Fraud Investigations
7.2.1.5. Shareholder/Partnership Disputes
7.2.1.6. Insurance Claims
7.2.1.7. Others (Personal Earnings Losses, Mediation and Arbitration etc.)
7.2.2. By Organization Size
7.2.2.1. Large Enterprises
7.2.2.2. Small and Medium Sized Enterprises
7.2.3. By Verticals
7.2.3.1. Automotive
7.2.3.2. Banking Financial Services and Insurance (BFSI)
7.2.3.3. Healthcare
7.2.3.4. Travel and Hospitality
7.2.3.5. Media and Entertainment
7.2.3.6. Government
7.2.3.7. Others
7.2.4. By Country
7.2.4.1. Germany
7.2.4.2. UK
7.2.4.3. France
7.2.4.4. Italy
7.2.4.5. Rest of Europe
7.2.5. Company Market Share (Top 3-5)
7.2.6. Economic Impact Study on Europe Forensic Accounting Market

8. Asia Pacific Forensic Accounting Market Overview

8.1. Asia Pacific Forensic Accounting Market Size & Forecast, 2016-2027
8.1.1. Demand
8.1.1.1. By Value (USD Million)
8.2. Asia Pacific Forensic Accounting Market Share & Forecast, 2016-2027
8.2.1. By Type
8.2.1.1. Criminal and fraud investigation
8.2.1.2. Bankruptcy proceedings
8.2.1.3. Risk management
8.2.1.4. Business/Employee Fraud Investigations
8.2.1.5. Shareholder/Partnership Disputes
8.2.1.6. Insurance Claims
8.2.1.7. Others (Personal Earnings Losses, Mediation and Arbitration etc.)
8.2.2. By Organization Size
8.2.2.1. Large Enterprises
8.2.2.2. Small and Medium Sized Enterprises
8.2.3. By Verticals
8.2.3.1. Automotive
8.2.3.2. Banking Financial Services and Insurance (BFSI)
8.2.3.3. Healthcare
8.2.3.4. Travel and Hospitality
8.2.3.5. Media and Entertainment
8.2.3.6. Government
8.2.3.7. Others
8.2.4. By Country
8.2.4.1. China
8.2.4.2. India
8.2.4.3. Japan
8.2.4.4. Australia
8.2.4.5. Rest of Asia Pacific
8.2.5. Company Market Share (Top 3-5)
8.2.6. Economic Impact Study on Asia Pacific Forensic Accounting Market

9. South America Forensic Accounting Market Overview

9.1. South America Forensic Accounting Market Size & Forecast, 2016-2027
9.1.1. Demand
9.1.1.1. By Value (USD Million)
9.2. South America Forensic Accounting Market Share & Forecast, 2016-2027
9.2.1. By Type
9.2.1.1. Criminal and fraud investigation
9.2.1.2. Bankruptcy proceedings
9.2.1.3. Risk management
9.2.1.4. Business/Employee Fraud Investigations
9.2.1.5. Shareholder/Partnership Disputes
9.2.1.6. Insurance Claims
9.2.1.7. Others (Personal Earnings Losses, Mediation and Arbitration etc.)
9.2.2. By Organization Size
9.2.2.1. Large Enterprises
9.2.2.2. Small and Medium Sized Enterprises
9.2.3. By Verticals
9.2.3.1. Automotive
9.2.3.2. Banking Financial Services and Insurance (BFSI)
9.2.3.3. Healthcare
9.2.3.4. Travel and Hospitality
9.2.3.5. Media and Entertainment
9.2.3.6. Government
9.2.3.7. Others
9.2.4. By Country
9.2.4.1. Brazil
9.2.4.2. Argentina
9.2.4.3. Rest of South America
9.2.5. Company Market Share (Top 3-5)
9.2.6. Economic Impact Study on South America Forensic Accounting Market

10. Middle East & Africa Forensic Accounting Market Overview

10.1. Middle East & Africa Forensic Accounting Market Size & Forecast, 2016-2027
10.1.1. Demand
10.1.1.1. By Value (USD Million)
10.2. Middle East & Africa Forensic Accounting Market Share & Forecast, 2016-2027
10.2.1. By Type
10.2.1.1. Criminal and fraud investigation
10.2.1.2. Bankruptcy proceedings
10.2.1.3. Risk management
10.2.1.4. Business/Employee Fraud Investigations
10.2.1.5. Shareholder/Partnership Disputes
10.2.1.6. Insurance Claims
10.2.1.7. Others (Personal Earnings Losses, Mediation and Arbitration etc.)
10.2.2. By Organization Size
10.2.2.1. Large Enterprises
10.2.2.2. Small and Medium Sized Enterprises
10.2.3. By Verticals
10.2.3.1. Automotive
10.2.3.2. Banking Financial Services and Insurance (BFSI)
10.2.3.3. Healthcare
10.2.3.4. Travel and Hospitality
10.2.3.5. Media and Entertainment
10.2.3.6. Government
10.2.3.7. Others
10.2.4. By Country
10.2.4.1. Saudi Arabia
10.2.4.2. UAE
10.2.4.3. South Africa
10.2.4.4. Rest of Middle East & Africa
10.2.5. Company Market Share (Top 3-5)
10.2.6. Economic Impact Study on Middle East & Africa Forensic Accounting Market

11. Competitor Analysis

11.1. Company Description
11.2. Financial Analysis
11.3. Key Products
11.4. Key Management Personnel
11.5. Contact Address
11.6. SWOT Analysis
11.7. Company Profile
11.7.1. Baker Tilly Virchow Krause, LLP
11.7.2. BDO USA LLP
11.7.3. Advanta Global Services
11.7.4. Alvarez & Marsal Holdings, LLC.
11.7.5. Accuracy, FTI Consulting, Inc.
11.7.6. Hemming Morse, LLP
11.7.7. Galvanize
11.7.8. CaseWare IDEA
11.7.9. Arbutus Software Inc.
11.7.10. Fulcrum Management
11.7.11. Nuix
11.7.12. Cygna Labs Corp
11.7.13. OpenText
11.7.14. Sama Audit Systems & Software Pvt Ltd
11.7.15. Other Prominent Players

SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.

The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.

SPER-Methodology-1