PUBLISHER: Grand View Research | PRODUCT CODE: 1701323
PUBLISHER: Grand View Research | PRODUCT CODE: 1701323
The global crime risk report market size is expected to reach USD 30.28 billion in 2030 and is projected to grow at a CAGR of 21.5% from 2025 to 2030, according to a new report 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.