The Forensic Accounting Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Forensic Accounting Market?
The market size for forensic accounting has seen significant expansion recently. The market value is predicted to increase from $5.81 billion in 2024 to $6.29 billion in 2025, indicating a compound annual growth rate (CAGR) of 8.3%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Forensic Accounting Industry?
By 2029, the forensic accounting market is projected to grow to $8.66 billion, with a compound annual growth rate (CAGR) of 8.3%.
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What are the Key Growth Drivers Fueling the Forensic Accounting Market?
The key drivers in the forensic accounting market are:
• Rising cybersecurity threats
• Increased focus on fraud prevention
• Expanding role in risk management
• Complex financial transactions
Global Market Segmentation: Identifying Major Forensic Accounting Industry Segments
The forensic accounting market covered in this report is segmented –
1) By Component: Solution, Service
2) By Deployment Model: On Premise, Cloud
3) By Enterprise Size: Large Enterprises, Small And Medium Enterprises (SMEs)
4) By Industry Vertical: Banking, Financial Services And Insurance (BFSI), Law Enforcement Agencies, Government And Public Sector, Accounting Firms, Other Industry Verticals
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What are the Emerging Trends Shaping the Future of the Forensic Accounting Market?
The key trends in the forensic accounting market are:
• The integration of machine learning into anomaly detection is a major emerging trend.
• There is an increased drive towards specialization in niche areas within forensic accounting.
• The forensic accounting field is observing an enhanced use of data analytics in investigations.
• A strong emphasis on continuous professional development is another upcoming trend in the sector.
Who Are the Top Competitors & Leading Players in the Forensic Accounting Market?
Major companies in the forensic accounting market are:
• Deloitte Touche Tohmatsu Limited
• PricewaterhouseCoopers International Limited
• Ernst & Young Global Limited
• KPMG International Limited
• BDO International Ltd.
• Grant Thornton Bharat LLP
• Baker Tilly US LLP
• FTI Consulting Inc.
• Crowe Horwath LLP (Crowe)
• Alvarez & Marsal Holdings LLC.
• Marcum Bernstein & Pinchuk LLP
• CohnReznick LLP
• Armanino LLP
• Friedman LLP
• Cellebrite DI Ltd.
• EisnerAmper LLP
• Citrin Cooperman & Company LLP
• Matson Driscoll & Damico LLP
• CaseWare International Inc.
• Galvanize Inc.
• Baltic Assist
• RGL Forensics
• Weaver & Tidwell LLP
• Farahat & Co.
• Arbutus Software Inc.
• Sama Audit Systems & Software Pvt Ltd.
• Cygna Labs Corporation
• Passware Inc.
• Fulcrum Management Consultants LLP
• Fox Forensic Accounting LLC
Regional Dominance: Which Area Leads the Global Forensic Accounting Market?
North America was the largest region in the forensic accounting market in 2024
