Press release
Crime Risk Report Market Projected to Reach USD 64.00 Billion by 2034, Growing at a CAGR of 21.2%
The crime risk report market size was valued at USD 9.38 billion in 2024, according to Polaris Market Research's latest analysis. With a compound annual growth rate (CAGR) of 21.2% during 2025-2034, the market is projected to grow to USD 64.00 billion by 2034.
What Is A Crime Risk Report?
The crime risk report market revolves around the creation and distribution of detailed reports that assess the likelihood of criminal activity in specific geographic areas. These reports are used by individuals, businesses, insurers, real estate developers, and law enforcement agencies to understand local safety risks and make informed decisions. A crime risk report typically includes data on different types of crimes, such as theft, assault, burglary, or vandalism. In addition, trends, historical data, and comparisons with national or regional averages are covered. The data is often sourced from government databases, police records, and predictive analytics models. These reports help users assess neighborhood safety, guide property investments, plan business locations, or implement security measures.
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What's Propelling Market Forward?
Increasing Cyber Threats: The rising frequency and sophistication of cyberattacks are significantly driving the crime risk report market demand. Businesses and individuals are seeking comprehensive risk assessments to protect their data and systems. For instance, according to the World Economic Forum, phishing and social engineering attacks saw a sharp increase in 2024, with 42% of organizations reporting such incidents. This increase highlights the growing need for robust cybersecurity measures and, consequently, the need for comprehensive crime risk reports to mitigate these threats.
Rise in Financial Frauds: The rise in financial frauds, such as money laundering and online , is another major market driver. The need to protect financial transactions and maintain investor confidence is fueling the need for comprehensive risk assessments. Crime risk reports play a crucial role in helping financial institutions and individuals identify and prevent fraudulent activities, thereby driving market growth.
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Who Are Major Market Participants?
The competitive landscape of the market is characterized by a mix of established players and new entrants. Market competition is driven by factors such as the accuracy and comprehensiveness of the risk assessments and the integration capabilities with existing systems. A few of the leading market participants are:
Cellebrite DI Ltd.
CoreLogic
Experian
FICO (Fair Isaac Corporation)
Flashpoint (Riskified)
IBM (International Business Machines Corporation)
LexisNexis Risk Solutions (RELX Group)
Palantir Technologies
Recorded Future
SAS Institute Inc.
Thomson Reuters
TransUnion
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Which Segment Leads Market Demand?
By Type Outlook (Revenue - USD Billion, 2020-2034)
Financial & Cybercrime
Personal
Property
Others
By Deployment Outlook (Revenue - USD Billion, 2020-2034)
On-Premise
Cloud
By Application Outlook (Revenue - USD Billion, 2020-2034)
BFSI
Government
Real Estate
Other Applications
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Which Region Drives Market Growth?
North America accounts for the largest market share. The regional market dominance is largely attributed to the presence of a large number of established businesses and government agencies that widely use crime risk reports for law enforcement, regulatory compliance, and strategic decision-making. Furthermore, the strong emphasis on data-driven security solutions contributes to the regional market dominance.
Asia Pacific is anticipated to exhibit the highest growth rate during the projection period. This is primarily due to the rising awareness of cyber threats and increasing investments in digital infrastructure. The increasing prevalence of financial fraud and rising focus on public safety initiatives further contribute to the regional market growth.
By Regional Outlook (Revenue - USD Billion, 2020-2034)
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Netherlands
Russia
Rest of Europe
Asia-Pacific
China
Japan
India
Malaysia
Suth Korea
Indnesia
Australia
Vietnam
Rest of Asia-Pacific
Middle East & Africa
Saudi Arabia
UAE
Israel
Suth Africa
Rest of Middle East & Africa
Latin America
Mexic
Brazil
Argentina
Rest of Latin America
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