Forensic Accounting Market

Forensic accounting, forensic accountancy or financial forensics is the specialty practice area of accounting that describes engagements that result from actual or anticipated disputes or litigation. "Forensic" means "suitable for use in a court of law", and it is to that standard and potential outcome that forensic accountants generally have to work. Forensic accountants, also referred to as forensic auditors or investigative auditors, often have to give expert evidence at the eventual trial. All of the larger accounting firms, as well as many medium-sized and boutique firms and various police and government agencies have specialist forensic accounting departments. Within these groups, there may be further sub-specializations: some forensic accountants may, for example, just specialize in insurance claims, personal injury claims, fraud, anti-money-laundering, construction, or royalty audits.

Forensic Accounting Market contains market size and forecasts of Forensic Accounting in Global, including the following market information:

Global Forensic Accounting Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global top five companies in 2021 (%)

The global Forensic Accounting market was valued at 18980 million in 2021 and is projected to reach US$ 30940 million by 2028, at a CAGR of 7.2% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Criminal and Fraud Investigation Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Forensic Accounting include Ernst & Young, PwC, Deloitte, KPMG International, FTI Consulting, Kroll, AlixPartners, Control Risks and K2 Intelligence, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Forensic Accounting companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Forensic Accounting Market, by Type, 2017-2022, 2023-2028 ($ millions)

Global Forensic Accounting Market Segment Percentages, by Type, 2021 (%)

• Criminal and Fraud Investigation
• Bankruptcy Proceedings
• Risk Management

Global Forensic Accounting Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global Forensic Accounting Market Segment Percentages, by Application, 2021 (%)

• Large Businesses
• Government
• Insurance Professionals
• Small Businesses
• Legal Professionals
• Individuals

Global Forensic Accounting Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global Forensic Accounting Market Segment Percentages, By Region and Country, 2021 (%)

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic Countries
• Benelux
• Rest of Europe
• Asia
• China
• Japan
• South Korea
• Southeast Asia
• India
• Rest of Asia
• South America
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa
• Turkey
• Israel
• Saudi Arabia
• UAE
• Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

• Key companies Forensic Accounting revenues in global market, 2017-2022 (estimated), ($ millions)
• Key companies Forensic Accounting revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

• Ernst & Young
• PwC
• Deloitte
• KPMG International
• FTI Consulting
• Kroll
• AlixPartners
• Control Risks
• K2 Intelligence
• Grant Thornton
• BDO
• Alvarez & Marsal
• Nardello
• Forensic Risk Alliance (FRA)
• Charles River Associates
• Berkeley Research Group
• Hemming Morse