
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
Description
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.
Forensic 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.
Please Note: PDF & Excel + Online Access - 1 Year
Table of Contents
- 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. 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
- 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 Disruption Analysis
- 5.4. Porter’s Five Forces Analysis
- 5.4.1. Threat of New Entrants
- 5.4.2. Threat of Substitutes
- 5.4.3. Bargaining Power of Customers
- 5.4.4. Bargaining Power of Suppliers
- 5.4.5. Industry Rivalry
- 5.5. Value Chain & Critical Path Analysis
- 5.6. Pricing Analysis
- 5.7. Technology Analysis
- 5.8. Patent Analysis
- 5.9. Trade Analysis
- 5.10. Regulatory Framework Analysis
- 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. Market Share Analysis, 2023
- 11.2. FPNV Positioning Matrix, 2023
- 11.3. Competitive Scenario Analysis
- 11.3.1. Forensic Risk Alliances announces partnership with TRM Labs
- 11.3.2. Davies launches new forensic accounting services
- 11.3.3. EY Forensics and Integrity Services launches learning-as-a-service in ethics and compliance
- 11.4. Strategy Analysis & Recommendation
- 12. Competitive Portfolio
- 12.1. Key Company Profiles
- 12.2. Key Product Portfolio
- FIGURE 1. FORENSIC AUDITING MARKET RESEARCH PROCESS
- FIGURE 2. FORENSIC AUDITING MARKET SIZE, 2023 VS 2030
- FIGURE 3. GLOBAL FORENSIC AUDITING MARKET SIZE, 2018-2030 (USD MILLION)
- FIGURE 4. GLOBAL FORENSIC AUDITING MARKET SIZE, BY REGION, 2023 VS 2030 (%)
- FIGURE 5. GLOBAL FORENSIC AUDITING MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 6. FORENSIC AUDITING MARKET DYNAMICS
- FIGURE 7. GLOBAL FORENSIC AUDITING MARKET SIZE, BY INVESTIGATION TYPE, 2023 VS 2030 (%)
- FIGURE 8. GLOBAL FORENSIC AUDITING MARKET SIZE, BY INVESTIGATION TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 9. GLOBAL FORENSIC AUDITING MARKET SIZE, BY END-USE INDUSTRY, 2023 VS 2030 (%)
- FIGURE 10. GLOBAL 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 SHARE, BY KEY PLAYER, 2023
- FIGURE 20. FORENSIC AUDITING MARKET, FPNV POSITIONING MATRIX, 2023
Pricing
Currency Rates