PUBLISHER: Value Market Research | PRODUCT CODE: 1402158
PUBLISHER: Value Market Research | PRODUCT CODE: 1402158
The global demand for Forensic Accounting Services Market is presumed to reach the market size of nearly USD 30.12 BN by 2030 from USD 17.26 BN in 2022 with a CAGR of 7.21% under the study period 2023 - 2030.
Forensic accounting services involve the application of accounting, auditing, and investigative skills to legal matters or disputes. Forensic accountants use their financial expertise to analyze, interpret, and present financial information in a legal context.
The increase in sophisticated financial crimes and fraud prompts the need for specialized expertise to detect, investigate, and prevent such activities. Regulatory compliance requirements in industries prone to scrutiny, like finance and healthcare, fuel the demand for forensic accountants to ensure adherence to stringent financial reporting standards. Legal disputes and litigation require financial analysis and expert testimony, positioning forensic accountants as crucial contributors in resolving complex financial matters. The emphasis on corporate governance and ethical practices further drives the demand for proactive measures to deter financial misconduct within organizations. The rise of cybercrimes and data breaches necessitates forensic accounting expertise in assessing financial implications, tracing funds, and identifying fraudulent activities stemming from these incidents. Moreover, globalization's complexity in business transactions and the need for accurate risk assessment and insurance claims verification also contribute to the market's growth.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of forensic accounting services. The growth and trends of forensic accounting services industry provide a holistic approach to this study.
This section of the forensic accounting services market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Forensic Accounting Services market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Forensic Accounting Services market include Deloitte, PwC, Ernst & Young, Grant Thornton, BDO International, KPMG International, FTI Consulting, Baker Tilly, Crowe Global, RSM International, Kroll, AlixPartners, Control Risks, Alvarez & Marsal, Forensic Risk Alliance(FRA), Charles River Associates and Berkeley Research Group, among others. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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