The Global Crime Risk Report Market size is expected to reach $30.92 billion by 2031, rising at a market growth of 20.0% CAGR during the forecast period.
The North America segment recorded 37% revenue share in the market in 2023. The high adoption of advanced analytics, AI-driven crime mapping, and predictive policing technologies drives the region’s dominance. Government agencies, financial institutions, and real estate firms extensively use these reports to mitigate threats and enhance security measures.
With the rise in global security threats, businesses prioritize security and risk management strategies to protect their assets, employees, and customers. Large corporations, especially in banking, retail, and logistics, rely on these reports to identify high-risk locations, mitigate potential threats, and strengthen security policies. These reports provide data-driven insights that help businesses make informed decisions regarding store placements, logistics planning, and asset protection strategies. Hence, as corporate security investments grow, the demand for these reporting solutions will rise significantly.
Additionally, With the rapid increase in cybercrime, digital fraud, and identity theft, businesses and governments invest heavily in cybersecurity measures. This rising investment opens new avenues for these reporting by expanding its scope beyond traditional physical crime to include digital crime risk assessment. Organizations shifting toward cloud computing, online transactions, and data-driven operations face growing risks from cyberattacks such as ransomware, phishing, and data breaches. Therefore, rising investment in cybersecurity and digital crime risk assessment propels the market's growth.
However, Integrating crime risk analytics into business operations requires advanced technologies such as Geographic Information Systems (GIS), artificial intelligence (AI), and predictive analytics. These technologies are crucial in enhancing crime forecasting, assessing risk patterns, and improving security strategies. However, implementing such sophisticated tools is often expensive, limiting their accessibility for small businesses, local retailers, and community-based organizations. Thus, the high cost of advanced crime risk analytics impedes market growth.
Deployment Outlook
Based on deployment, the market is characterized into cloud and on-premise. The on-premise segment procured 49% revenue share in the market in 2023. Organizations that require higher control over data security and compliance regulations favour on-premise solutions. These deployments are common in sectors with strict data governance policies, ensuring that sensitive crime risk information remains within secure internal networks.
Type Outlook
On the basis of type, the market is classified into financial & cybercrime, property crime, personal crime, and others. The property crime segment recorded a 32% revenue share in the market in 2023. The prevalence of burglary, vandalism, and theft has driven demand for property crime risk reports, especially among real estate firms, insurance companies, and law enforcement agencies. These reports help assess crime-prone areas, implement preventive security strategies, and mitigate financial losses associated with property crimes.
Application Outlook
By application, the market is divided into government, BFSI, real estate, and others. The BFSI segment garnered 28% revenue share in the market in 2023. Financial institutions utilize crime risk reports to assess fraud risks, prevent financial crimes, and comply with stringent regulatory requirements. The rising cases of money laundering, cyber fraud, and identity theft have made risk assessment crucial for banks, insurance firms, and investment companies.
Regional Outlook
Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The Europe segment witnessed 30% revenue share in the market in 2023. The increasing focus on public safety, regulatory compliance, and crime prevention initiatives has contributed to the market growth. European nations are investing in smart city projects and advanced surveillance systems, which rely on crime risk reports for efficient law enforcement and security planning.
The leading players in the market are competing with diverse innovative offerings to remain competitive in the market. The above illustration shows the percentage of revenue shared by some of the leading companies in the market. The leading players of the market are adopting various strategies in order to cater demand coming from the different industries. The key developmental strategies in the market are Acquisitions, and Partnerships & Collaborations.
Recent Strategies Deployed in the Market
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