Product Code: A17182
Forensic accounting is the analysis of financial records in preparation for or as a result of litigation. The outcomes of a forensic accounting investigation can be used as evidence in court, and hence financial forensic investigations are usually heavily documented.
Rise in demand for work from home and remote working policies during the period of the COVID-19 pandemic led to growth of global remote and automated accounting solutions during the period, hence empowering demand for forensic accounting solutions. Moreover, with sudden economic imbalance and large corporations increasing their market share during the period positively impacted the need for forensic accounting solutions. However, data privacy and sharing risks associated with forensic accounting solutions and services hamper the forensic accounting market growth. On the contrary, integration of advanced tools such as machine learning and data analytics with forensic accounting solutions suites are expected to offer remunerative opportunities for expansion of the forensic accounting market during the forecast period.
The global forensic accounting market is segmented on the basis of component, deployment model, enterprise size, industry vertical, and region. On the basis of component, the industry is divided into solution and service. Depending on deployment model, it is classified into on-premise and cloud. By enterprise size, it is bifurcated into large enterprises and SMEs. The industry vertical covered in the study includes BFSI, law enforcement agencies, government & public sector, accounting firms, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The global forensic accounting market is dominated by key players such as Arbutus Software Inc., AccessData, BDO Global, CaseWare IDEA, Cellebrite, Cygna Labs Corp, Deloitte Touche Tohmatsu Limited, e-fense, Ernst & Young Global Limited, Fulcrum Management., Galvanize, KPMG International, Nuix, OpenText, Passware, PwC, and Sama Audit Systems & Software Pvt Ltd. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.
Forensic accounting is the analysis of financial records in preparation for or as a result of litigation. The outcomes of a forensic accounting investigation can be used as evidence in court, and hence financial forensic investigations are usually heavily documented.
Rise in demand for work from home and remote working policies during the period of the COVID-19 pandemic led to growth of global remote and automated accounting solutions during the period, hence empowering demand for forensic accounting solutions. Moreover, with sudden economic imbalance and large corporations increasing their market share during the period positively impacted the need for forensic accounting solutions. However, data privacy and sharing risks associated with forensic accounting solutions and services hamper the forensic accounting market growth. On the contrary, integration of advanced tools such as machine learning and data analytics with forensic accounting solutions suites are expected to offer remunerative opportunities for expansion of the forensic accounting market during the forecast period.
The global forensic accounting market is segmented on the basis of component, deployment model, enterprise size, industry vertical, and region. On the basis of component, the industry is divided into solution and service. Depending on deployment model, it is classified into on-premise and cloud. By enterprise size, it is bifurcated into large enterprises and SMEs. The industry vertical covered in the study includes BFSI, law enforcement agencies, government & public sector, accounting firms, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The global forensic accounting market is dominated by key players such as Arbutus Software Inc., AccessData, BDO Global, CaseWare IDEA, Cellebrite, Cygna Labs Corp, Deloitte Touche Tohmatsu Limited, e-fense, Ernst & Young Global Limited, Fulcrum Management., Galvanize, KPMG International, Nuix, OpenText, Passware, PwC, and Sama Audit Systems & Software Pvt Ltd. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the forensic accounting market analysis from 2021 to 2031 to identify the prevailing forensic accounting market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the forensic accounting market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global forensic accounting market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Component
By Deployment Model
By Enterprise Size
By Industry Vertical
- BFSI
- Law Enforcement Agencies
- Government and Public Sector
- Accounting Firms
- Others
By Region
- North America
- Europe
- U.K.
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Australia
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Mexico
- UAE
- Saudi Arabia
- South Africa
- Rest of LAMEA
- Key Market Players
- AccessData
- BDO Global
- CaseWare IDEA
- Cellebrite
- Cygna Labs Corp
- Deloitte
- e-fense
- Ernst & Young Global Limited
- Fulcrum Management
- Arbutus Software Inc.,
- Galvanize
- Nuix
- OpenText
- Passware
- Sama Audit Systems & Software Pvt Ltd
TABLE OF CONTENTS
CHAPTER 1:INTRODUCTION
- 1.1.Report description
- 1.2.Key market segments
- 1.3.Key benefits to the stakeholders
- 1.4.Research Methodology
- 1.4.1.Secondary research
- 1.4.2.Primary research
- 1.4.3.Analyst tools and models
CHAPTER 2:EXECUTIVE SUMMARY
- 2.1.Key findings of the study
- 2.2.CXO Perspective
CHAPTER 3:MARKET OVERVIEW
- 3.1.Market definition and scope
- 3.2.Key findings
- 3.2.1.Top investment pockets
- 3.3.Porter's five forces analysis
- 3.4.Top player positioning
- 3.5.Market dynamics
- 3.5.1.Drivers
- 3.5.2.Restraints
- 3.5.3.Opportunities
- 3.6.COVID-19 Impact Analysis on the market
CHAPTER 4: FORENSIC ACCOUNTING MARKET, BY COMPONENT
- 4.1 Overview
- 4.1.1 Market size and forecast
- 4.2 Solution
- 4.2.1 Key market trends, growth factors and opportunities
- 4.2.2 Market size and forecast, by region
- 4.2.3 Market analysis by country
- 4.3 Service
- 4.3.1 Key market trends, growth factors and opportunities
- 4.3.2 Market size and forecast, by region
- 4.3.3 Market analysis by country
CHAPTER 5: FORENSIC ACCOUNTING MARKET, BY DEPLOYMENT MODEL
- 5.1 Overview
- 5.1.1 Market size and forecast
- 5.2 On Premise
- 5.2.1 Key market trends, growth factors and opportunities
- 5.2.2 Market size and forecast, by region
- 5.2.3 Market analysis by country
- 5.3 Cloud
- 5.3.1 Key market trends, growth factors and opportunities
- 5.3.2 Market size and forecast, by region
- 5.3.3 Market analysis by country
CHAPTER 6: FORENSIC ACCOUNTING MARKET, BY ENTERPRISE SIZE
- 6.1 Overview
- 6.1.1 Market size and forecast
- 6.2 Large Enterprises
- 6.2.1 Key market trends, growth factors and opportunities
- 6.2.2 Market size and forecast, by region
- 6.2.3 Market analysis by country
- 6.3 SMEs
- 6.3.1 Key market trends, growth factors and opportunities
- 6.3.2 Market size and forecast, by region
- 6.3.3 Market analysis by country
CHAPTER 7: FORENSIC ACCOUNTING MARKET, BY INDUSTRY VERTICAL
- 7.1 Overview
- 7.1.1 Market size and forecast
- 7.2 BFSI
- 7.2.1 Key market trends, growth factors and opportunities
- 7.2.2 Market size and forecast, by region
- 7.2.3 Market analysis by country
- 7.3 Law Enforcement Agencies
- 7.3.1 Key market trends, growth factors and opportunities
- 7.3.2 Market size and forecast, by region
- 7.3.3 Market analysis by country
- 7.4 Government and Public Sector
- 7.4.1 Key market trends, growth factors and opportunities
- 7.4.2 Market size and forecast, by region
- 7.4.3 Market analysis by country
- 7.5 Accounting Firms
- 7.5.1 Key market trends, growth factors and opportunities
- 7.5.2 Market size and forecast, by region
- 7.5.3 Market analysis by country
- 7.6 Others
- 7.6.1 Key market trends, growth factors and opportunities
- 7.6.2 Market size and forecast, by region
- 7.6.3 Market analysis by country
CHAPTER 8: FORENSIC ACCOUNTING MARKET, BY REGION
- 8.1 Overview
- 8.1.1 Market size and forecast
- 8.2 North America
- 8.2.1 Key trends and opportunities
- 8.2.2 North America Market size and forecast, by Component
- 8.2.3 North America Market size and forecast, by Deployment Model
- 8.2.4 North America Market size and forecast, by Enterprise Size
- 8.2.5 North America Market size and forecast, by Industry Vertical
- 8.2.6 North America Market size and forecast, by country
- 8.2.6.1 U.S.
- 8.2.6.1.1 Market size and forecast, by Component
- 8.2.6.1.2 Market size and forecast, by Deployment Model
- 8.2.6.1.3 Market size and forecast, by Enterprise Size
- 8.2.6.1.4 Market size and forecast, by Industry Vertical
- 8.2.6.2 Canada
- 8.2.6.2.1 Market size and forecast, by Component
- 8.2.6.2.2 Market size and forecast, by Deployment Model
- 8.2.6.2.3 Market size and forecast, by Enterprise Size
- 8.2.6.2.4 Market size and forecast, by Industry Vertical
- 8.3 Europe
- 8.3.1 Key trends and opportunities
- 8.3.2 Europe Market size and forecast, by Component
- 8.3.3 Europe Market size and forecast, by Deployment Model
- 8.3.4 Europe Market size and forecast, by Enterprise Size
- 8.3.5 Europe Market size and forecast, by Industry Vertical
- 8.3.6 Europe Market size and forecast, by country
- 8.3.6.1 U.K.
- 8.3.6.1.1 Market size and forecast, by Component
- 8.3.6.1.2 Market size and forecast, by Deployment Model
- 8.3.6.1.3 Market size and forecast, by Enterprise Size
- 8.3.6.1.4 Market size and forecast, by Industry Vertical
- 8.3.6.2 Germany
- 8.3.6.2.1 Market size and forecast, by Component
- 8.3.6.2.2 Market size and forecast, by Deployment Model
- 8.3.6.2.3 Market size and forecast, by Enterprise Size
- 8.3.6.2.4 Market size and forecast, by Industry Vertical
- 8.3.6.3 France
- 8.3.6.3.1 Market size and forecast, by Component
- 8.3.6.3.2 Market size and forecast, by Deployment Model
- 8.3.6.3.3 Market size and forecast, by Enterprise Size
- 8.3.6.3.4 Market size and forecast, by Industry Vertical
- 8.3.6.4 Italy
- 8.3.6.4.1 Market size and forecast, by Component
- 8.3.6.4.2 Market size and forecast, by Deployment Model
- 8.3.6.4.3 Market size and forecast, by Enterprise Size
- 8.3.6.4.4 Market size and forecast, by Industry Vertical
- 8.3.6.5 Spain
- 8.3.6.5.1 Market size and forecast, by Component
- 8.3.6.5.2 Market size and forecast, by Deployment Model
- 8.3.6.5.3 Market size and forecast, by Enterprise Size
- 8.3.6.5.4 Market size and forecast, by Industry Vertical
- 8.3.6.6 Rest of Europe
- 8.3.6.6.1 Market size and forecast, by Component
- 8.3.6.6.2 Market size and forecast, by Deployment Model
- 8.3.6.6.3 Market size and forecast, by Enterprise Size
- 8.3.6.6.4 Market size and forecast, by Industry Vertical
- 8.4 Asia-Pacific
- 8.4.1 Key trends and opportunities
- 8.4.2 Asia-Pacific Market size and forecast, by Component
- 8.4.3 Asia-Pacific Market size and forecast, by Deployment Model
- 8.4.4 Asia-Pacific Market size and forecast, by Enterprise Size
- 8.4.5 Asia-Pacific Market size and forecast, by Industry Vertical
- 8.4.6 Asia-Pacific Market size and forecast, by country
- 8.4.6.1 China
- 8.4.6.1.1 Market size and forecast, by Component
- 8.4.6.1.2 Market size and forecast, by Deployment Model
- 8.4.6.1.3 Market size and forecast, by Enterprise Size
- 8.4.6.1.4 Market size and forecast, by Industry Vertical
- 8.4.6.2 India
- 8.4.6.2.1 Market size and forecast, by Component
- 8.4.6.2.2 Market size and forecast, by Deployment Model
- 8.4.6.2.3 Market size and forecast, by Enterprise Size
- 8.4.6.2.4 Market size and forecast, by Industry Vertical
- 8.4.6.3 Japan
- 8.4.6.3.1 Market size and forecast, by Component
- 8.4.6.3.2 Market size and forecast, by Deployment Model
- 8.4.6.3.3 Market size and forecast, by Enterprise Size
- 8.4.6.3.4 Market size and forecast, by Industry Vertical
- 8.4.6.4 Australia
- 8.4.6.4.1 Market size and forecast, by Component
- 8.4.6.4.2 Market size and forecast, by Deployment Model
- 8.4.6.4.3 Market size and forecast, by Enterprise Size
- 8.4.6.4.4 Market size and forecast, by Industry Vertical
- 8.4.6.5 South Korea
- 8.4.6.5.1 Market size and forecast, by Component
- 8.4.6.5.2 Market size and forecast, by Deployment Model
- 8.4.6.5.3 Market size and forecast, by Enterprise Size
- 8.4.6.5.4 Market size and forecast, by Industry Vertical
- 8.4.6.6 Rest of Asia-Pacific
- 8.4.6.6.1 Market size and forecast, by Component
- 8.4.6.6.2 Market size and forecast, by Deployment Model
- 8.4.6.6.3 Market size and forecast, by Enterprise Size
- 8.4.6.6.4 Market size and forecast, by Industry Vertical
- 8.5 LAMEA
- 8.5.1 Key trends and opportunities
- 8.5.2 LAMEA Market size and forecast, by Component
- 8.5.3 LAMEA Market size and forecast, by Deployment Model
- 8.5.4 LAMEA Market size and forecast, by Enterprise Size
- 8.5.5 LAMEA Market size and forecast, by Industry Vertical
- 8.5.6 LAMEA Market size and forecast, by country
- 8.5.6.1 Brazil
- 8.5.6.1.1 Market size and forecast, by Component
- 8.5.6.1.2 Market size and forecast, by Deployment Model
- 8.5.6.1.3 Market size and forecast, by Enterprise Size
- 8.5.6.1.4 Market size and forecast, by Industry Vertical
- 8.5.6.2 Mexico
- 8.5.6.2.1 Market size and forecast, by Component
- 8.5.6.2.2 Market size and forecast, by Deployment Model
- 8.5.6.2.3 Market size and forecast, by Enterprise Size
- 8.5.6.2.4 Market size and forecast, by Industry Vertical
- 8.5.6.3 UAE
- 8.5.6.3.1 Market size and forecast, by Component
- 8.5.6.3.2 Market size and forecast, by Deployment Model
- 8.5.6.3.3 Market size and forecast, by Enterprise Size
- 8.5.6.3.4 Market size and forecast, by Industry Vertical
- 8.5.6.4 Saudi Arabia
- 8.5.6.4.1 Market size and forecast, by Component
- 8.5.6.4.2 Market size and forecast, by Deployment Model
- 8.5.6.4.3 Market size and forecast, by Enterprise Size
- 8.5.6.4.4 Market size and forecast, by Industry Vertical
- 8.5.6.5 South Africa
- 8.5.6.5.1 Market size and forecast, by Component
- 8.5.6.5.2 Market size and forecast, by Deployment Model
- 8.5.6.5.3 Market size and forecast, by Enterprise Size
- 8.5.6.5.4 Market size and forecast, by Industry Vertical
- 8.5.6.6 Rest of LAMEA
- 8.5.6.6.1 Market size and forecast, by Component
- 8.5.6.6.2 Market size and forecast, by Deployment Model
- 8.5.6.6.3 Market size and forecast, by Enterprise Size
- 8.5.6.6.4 Market size and forecast, by Industry Vertical
CHAPTER 9: COMPANY LANDSCAPE
- 9.1. Introduction
- 9.2. Top winning strategies
- 9.3. Product Mapping of Top 10 Player
- 9.4. Competitive Dashboard
- 9.5. Competitive Heatmap
- 9.6. Key developments
CHAPTER 10: COMPANY PROFILES
- 10.1 AccessData
- 10.1.1 Company overview
- 10.1.2 Company snapshot
- 10.1.3 Operating business segments
- 10.1.4 Product portfolio
- 10.1.5 Business performance
- 10.1.6 Key strategic moves and developments
- 10.2 BDO Global
- 10.2.1 Company overview
- 10.2.2 Company snapshot
- 10.2.3 Operating business segments
- 10.2.4 Product portfolio
- 10.2.5 Business performance
- 10.2.6 Key strategic moves and developments
- 10.3 CaseWare IDEA
- 10.3.1 Company overview
- 10.3.2 Company snapshot
- 10.3.3 Operating business segments
- 10.3.4 Product portfolio
- 10.3.5 Business performance
- 10.3.6 Key strategic moves and developments
- 10.4 Cellebrite
- 10.4.1 Company overview
- 10.4.2 Company snapshot
- 10.4.3 Operating business segments
- 10.4.4 Product portfolio
- 10.4.5 Business performance
- 10.4.6 Key strategic moves and developments
- 10.5 Cygna Labs Corp
- 10.5.1 Company overview
- 10.5.2 Company snapshot
- 10.5.3 Operating business segments
- 10.5.4 Product portfolio
- 10.5.5 Business performance
- 10.5.6 Key strategic moves and developments
- 10.6 Deloitte
- 10.6.1 Company overview
- 10.6.2 Company snapshot
- 10.6.3 Operating business segments
- 10.6.4 Product portfolio
- 10.6.5 Business performance
- 10.6.6 Key strategic moves and developments
- 10.7 e-fense
- 10.7.1 Company overview
- 10.7.2 Company snapshot
- 10.7.3 Operating business segments
- 10.7.4 Product portfolio
- 10.7.5 Business performance
- 10.7.6 Key strategic moves and developments
- 10.8 Ernst & Young Global Limited
- 10.8.1 Company overview
- 10.8.2 Company snapshot
- 10.8.3 Operating business segments
- 10.8.4 Product portfolio
- 10.8.5 Business performance
- 10.8.6 Key strategic moves and developments
- 10.9 Fulcrum Management
- 10.9.1 Company overview
- 10.9.2 Company snapshot
- 10.9.3 Operating business segments
- 10.9.4 Product portfolio
- 10.9.5 Business performance
- 10.9.6 Key strategic moves and developments
- 10.10 Arbutus Software Inc.,
- 10.10.1 Company overview
- 10.10.2 Company snapshot
- 10.10.3 Operating business segments
- 10.10.4 Product portfolio
- 10.10.5 Business performance
- 10.10.6 Key strategic moves and developments
- 10.11 Galvanize
- 10.11.1 Company overview
- 10.11.2 Company snapshot
- 10.11.3 Operating business segments
- 10.11.4 Product portfolio
- 10.11.5 Business performance
- 10.11.6 Key strategic moves and developments
- 10.12 Nuix
- 10.12.1 Company overview
- 10.12.2 Company snapshot
- 10.12.3 Operating business segments
- 10.12.4 Product portfolio
- 10.12.5 Business performance
- 10.12.6 Key strategic moves and developments
- 10.13 OpenText
- 10.13.1 Company overview
- 10.13.2 Company snapshot
- 10.13.3 Operating business segments
- 10.13.4 Product portfolio
- 10.13.5 Business performance
- 10.13.6 Key strategic moves and developments
- 10.14 Passware
- 10.14.1 Company overview
- 10.14.2 Company snapshot
- 10.14.3 Operating business segments
- 10.14.4 Product portfolio
- 10.14.5 Business performance
- 10.14.6 Key strategic moves and developments
- 10.15 Sama Audit Systems & Software Pvt Ltd
- 10.15.1 Company overview
- 10.15.2 Company snapshot
- 10.15.3 Operating business segments
- 10.15.4 Product portfolio
- 10.15.5 Business performance
- 10.15.6 Key strategic moves and developments