Forensic Auditing Market by Investigation Type (Accounting Malpractice & Securities Investigations, Corruption & Bribery Investigation, Cross Border Investigations), End-use Industry (Financial Services, Healthcare, Manufacturing) - Global Forecast 2024-2


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Forensic Auditing Market by Investigation Type (Accounting Malpractice & Securities Investigations, Corruption & Bribery Investigation, Cross Border Investigations), End-use Industry (Financial Services, Healthcare, Manufacturing) - Global Forecast 2024-2030


The Forensic Auditing Market size was estimated at USD 18.70 billion in 2023 and expected to reach USD 20.11 billion in 2024, at a CAGR 8.13% to reach USD 32.33 billion by 2030.

Global Forensic Auditing MarketForensic auditing focuses on gathering evidence and analyzing financial records to detect fraud, conflicts of interest, embezzlement, and other illegal activities or discrepancies. It involves using investigative techniques such as interviews, document reviews, and tracing transactions to identify potential issues with the accuracy and reliability of an organization's financial statements. The rising incidences of cybercrimes and frauds in financial institutions are accelerating the adoption of forensic auditing services to uncover criminal behavior such as embezzlement. However, the high cost and ethical issues associated with forensic auditing may adversely impact the use of forensic auditing services. Moreover, the integration of accounting, auditing, and investigative skills with innovative technologies is expected to encourage the adoption of forensic auditing services by the end-use sectors worldwide.Regional InsightsThe forensic auditing market is evolving in the Americas owing to the presence of well-established banks, technology companies, and healthcare organizations and the growing need to mitigate financial fraud. The growing need to comply with the standards implemented by the regional government and the presence of imminent forensic providers are proliferating the growth of the forensic services market in the APAC region. The vast presence of oil & gas, manufacturing, and healthcare sectors in the EMEA region is expanding the use of forensic auditing services. Additionally, the adoption of innovative digital solutions by forensic auditing service providers is expected to assist the end-use sectors in generating evidence-based data and mitigate fraud.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Forensic Auditing Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Forensic Auditing Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Forensic Auditing Market, highlighting leading vendors and their innovative profiles. These include AlixPartners, LLP, Alvarez & Marsal Holdings, LLC., Aon PLC, Baker Tilly US, LLP, BDO International Limited, Berkeley Research Group, LLC, Control Risks Group Holdings Ltd, CRA International, Inc., Crowe LLP, Deloitte Touche Tohmatsu Limited, Eide Bailly LLP, Eisner Advisory Group LLC, Ernst & Young Global Limited, FTI Consulting, Inc.,, GHD Advisory, Grant Thornton International Ltd, HKA Global, KPMG International Limited, Kroll, LLC., Navigant Consulting, Inc., PKF O'Connor Davies LLP, PricewaterhouseCoopers International Limited, Protiviti Inc. by Robert Half International Inc., and RSM International Ltd..

Market Segmentation & Coverage

This research report categorizes the Forensic Auditing Market to forecast the revenues and analyze trends in each of the following sub-markets:

Investigation Type
Accounting Malpractice & Securities Investigations
Corruption & Bribery Investigation
Cross Border Investigations
Event & Data Analytics
Regulatory Investigations
End-use Industry
Financial Services
Healthcare
Manufacturing
Mining
Oil & Gas
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Forensic Auditing Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Forensic Auditing Market?
3. What are the technology trends and regulatory frameworks in the Forensic Auditing Market?
4. What is the market share of the leading vendors in the Forensic Auditing Market?
5. Which modes and strategic moves are suitable for entering the Forensic Auditing Market?

Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Forensic Auditing Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Significant growth in financial fraud and claim cases
5.1.1.2. Growing adoption in banks and financial services worldwide to mitigate fraud
5.1.1.3. Governmental rules and regulations associated with forensic auditing services
5.1.2. Restraints
5.1.2.1. High cost of forensic auditing services
5.1.3. Opportunities
5.1.3.1. Emergence of social media analytics for fraud detection
5.1.3.2. Growing investments for incorporation of forensic auditing across large enterprises
5.1.4. Challenges
5.1.4.1. Ethical issues and time-consuming auditing procedures
5.2. Market Segmentation Analysis
5.2.1. Investing Type: Growing usage of cross-border investigations to identify any potential criminal activity
5.2.2. End-User: Growing potential of forensic auditing across the healthcare industry to ensure accuracy in patient billing processes
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Forensic Auditing Market, by Investigation Type
6.1. Introduction
6.2. Accounting Malpractice & Securities Investigations
6.3. Corruption & Bribery Investigation
6.4. Cross Border Investigations
6.5. Event & Data Analytics
6.6. Regulatory Investigations
7. Forensic Auditing Market, by End-use Industry
7.1. Introduction
7.2. Financial Services
7.3. Healthcare
7.4. Manufacturing
7.5. Mining
7.6. Oil & Gas
8. Americas Forensic Auditing Market
8.1. Introduction
8.2. Argentina
8.3. Brazil
8.4. Canada
8.5. Mexico
8.6. United States
9. Asia-Pacific Forensic Auditing Market
9.1. Introduction
9.2. Australia
9.3. China
9.4. India
9.5. Indonesia
9.6. Japan
9.7. Malaysia
9.8. Philippines
9.9. Singapore
9.10. South Korea
9.11. Taiwan
9.12. Thailand
9.13. Vietnam
10. Europe, Middle East & Africa Forensic Auditing Market
10.1. Introduction
10.2. Denmark
10.3. Egypt
10.4. Finland
10.5. France
10.6. Germany
10.7. Israel
10.8. Italy
10.9. Netherlands
10.10. Nigeria
10.11. Norway
10.12. Poland
10.13. Qatar
10.14. Russia
10.15. Saudi Arabia
10.16. South Africa
10.17. Spain
10.18. Sweden
10.19. Switzerland
10.20. Turkey
10.21. United Arab Emirates
10.22. United Kingdom
11. Competitive Landscape
11.1. FPNV Positioning Matrix
11.2. Market Share Analysis, By Key Player
11.3. Competitive Scenario Analysis, By Key Player
11.3.1. Agreement, Collaboration, & Partnership
11.3.1.1. Forensic Risk Alliances announces partnership with TRM Labs
11.3.2. New Product Launch & Enhancement
11.3.2.1. Davies launches new forensic accounting services
11.3.2.2. EY Forensics and Integrity Services launches learning-as-a-service in ethics and compliance
12. Competitive Portfolio
12.1. Key Company Profiles
12.1.1. AlixPartners, LLP
12.1.2. Alvarez & Marsal Holdings, LLC.
12.1.3. Aon PLC
12.1.4. Baker Tilly US, LLP
12.1.5. BDO International Limited
12.1.6. Berkeley Research Group, LLC
12.1.7. Control Risks Group Holdings Ltd
12.1.8. CRA International, Inc.
12.1.9. Crowe LLP
12.1.10. Deloitte Touche Tohmatsu Limited
12.1.11. Eide Bailly LLP
12.1.12. Eisner Advisory Group LLC
12.1.13. Ernst & Young Global Limited
12.1.14. FTI Consulting, Inc.,
12.1.15. GHD Advisory
12.1.16. Grant Thornton International Ltd
12.1.17. HKA Global
12.1.18. KPMG International Limited
12.1.19. Kroll, LLC.
12.1.20. Navigant Consulting, Inc.
12.1.21. PKF O'Connor Davies LLP
12.1.22. PricewaterhouseCoopers International Limited
12.1.23. Protiviti Inc. by Robert Half International Inc.
12.1.24. RSM International Ltd.
12.2. Key Product Portfolio
13. Appendix
13.1. Discussion Guide
13.2. License & Pricing
FIGURE 1. FORENSIC AUDITING MARKET RESEARCH PROCESS
FIGURE 2. FORENSIC AUDITING MARKET SIZE, 2023 VS 2030
FIGURE 3. FORENSIC AUDITING MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. FORENSIC AUDITING MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. FORENSIC AUDITING MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. FORENSIC AUDITING MARKET DYNAMICS
FIGURE 7. FORENSIC AUDITING MARKET SIZE, BY INVESTIGATION TYPE, 2023 VS 2030 (%)
FIGURE 8. FORENSIC AUDITING MARKET SIZE, BY INVESTIGATION TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. FORENSIC AUDITING MARKET SIZE, BY END-USE INDUSTRY, 2023 VS 2030 (%)
FIGURE 10. FORENSIC AUDITING MARKET SIZE, BY END-USE INDUSTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. AMERICAS FORENSIC AUDITING MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 12. AMERICAS FORENSIC AUDITING MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. UNITED STATES FORENSIC AUDITING MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 14. UNITED STATES FORENSIC AUDITING MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. ASIA-PACIFIC FORENSIC AUDITING MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 16. ASIA-PACIFIC FORENSIC AUDITING MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. EUROPE, MIDDLE EAST & AFRICA FORENSIC AUDITING MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. EUROPE, MIDDLE EAST & AFRICA FORENSIC AUDITING MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. FORENSIC AUDITING MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 20. FORENSIC AUDITING MARKET SHARE, BY KEY PLAYER, 2023

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