Global Crime Risk Report Market Size To Exceed USD 62.30 Billion by 2033: Industry Report

Global Crime Risk Report Market Size To Exceed USD 62.30 Billion by 2033

According to a research report published by Spherical Insights & Consulting, The Global Crime Risk Report Market Size is Expected to Grow from USD 8.62 Billion in 2023 to USD 62.30 Billion by 2033, at a CAGR of 21.87% during the forecast period 2023-2033.

Browse 210 market data Tables and 45 Figures spread through 190 Pages and in-depth TOC on the Global Crime Risk Report Market Size, Share, and COVID-19 Impact Analysis, By Crime Type (Violent Crime, Property Crime, Financial Crime, and Cyber Crime), By Risk Level (Low Risk, Medium Risk, High Risk, and Extreme Risk), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.                              

The crime risk report market refers to the industry focused on providing detailed assessments, data, and analysis of crime risks in specific geographic areas. These reports are used by various stakeholders, including businesses, government agencies, real estate developers, insurance companies, and individuals, to evaluate the safety of locations for investment, residential, or operational purposes. Moreover, Key driving factors in the Crime Risk Report Market include increasing demand for safety and security, growing awareness of crime-related risks, advancements in data analytics and GIS technologies, rising concerns about property and personal safety, and the need for businesses and individuals to make informed decisions regarding location and investments. However, restraints in the crime risk report market include concerns over data privacy, inaccuracies in crime data, high costs of advanced analytics, and the lack of standardized reporting methods across regions or jurisdictions.

The property crime segment accounted for the largest share of the global crime risk report market in 2023 and is anticipated to grow at a significant CAGR during the forecast period.

Based on crime type, the global crime risk report market is divided into violent crime, property crime, financial crime, and cyber-crime. Among these, the property crime segment accounted for the largest share of the global crime risk report market in 2023 and is anticipated to grow at a significant CAGR during the forecast period. This is owing to the high incidence of property crimes like theft and burglary, which are constantly monitored by law enforcement and have significant implications for industries such as real estate, insurance, and retail.

The medium risk segment accounted for a substantial share of the global crime risk report market in 2023 and is anticipated to grow at a rapid pace during the projected period.

On the basis of the risk level, the global crime risk report market is divided into low risk, medium risk, high risk, and extreme risk. Among these, the medium risk segment accounted for a substantial share of the global crime risk report market in 2023 and is anticipated to grow rapidly during the projected period. This is in many locations fall into this category, where crime risks are notable but not extreme. This level of risk is relevant to real estate, insurance, and business sectors that need balanced assessments for informed decision-making.

North America is projected to hold the largest share of the global crime risk report market over the projected period.  

North America is projected to hold the largest share of the global crime risk report market over the projected period. The region, particularly the U.S., has a high demand for crime risk assessments across industries like real estate, insurance, and urban planning, driven by increasing safety concerns and advanced data analytics adoption.

Asia Pacific is expected to grow at the fastest CAGR of the global crime risk report market during the projected period. This is due to rapid urbanization, increasing digitalization, and growing awareness about safety risks are driving demand for crime risk reports in countries like China, India, and Japan, especially in sectors like real estate and insurance.

Company Profiling

Major vendors in the global crime risk report market are SAP SE, IBM, Fenergo, CoreLogic, ACI Worldwide, Oracle, CAP Index, Inc., London Stock Exchange Group plc, Fiserv, Inc., Intelligent Direct, Inc., and others.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Development 

• In October 2024, LSEG Risk Intelligence launched two sophisticated solutions, 'Global Account Verification' and 'Document and Biometric Verification, ' to enhance financial security and increase operational efficiencies at a global scale. While the former product compares account and payee information before authorizing transfers, the latter uses deep learning and AI tools to perform identity verification with high accuracy. These solutions have been crafted to help financial institutions, fintechs, and multinational corporations safeguard their business and customers against advanced fraud methods.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global crime risk report market based on the below-mentioned segments:   

Global Crime Risk Report Market, By Crime Type

• Violent Crime
• Property Crime
• Financial Crime
• Cyber Crime

Global Crime Risk Report Market, By Risk Level

• Low Risk
• Medium Risk
• High Risk
• Extreme Risk

Global Crime Risk Report Market, By Regional

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa