FEATURED COMPANIES
- AlixPartners, LLP
- BDO Global
- Carter Backer Winter LLP
- Duff & Phelps, LLC
- FTI Consulting, Inc.
- Mazars
Forensic Audit Global Market Opportunities and Strategies to 2030: COVID-19 Impact and Recovery provides the strategists, marketers and senior management with the critical information they need to assess the global forensic audit market.
Reasons to Purchase:
- Outperform competitors using accurate up to date demand-side dynamics information.
- Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
- Identify growth segments for investment.
- Facilitate decision making on the basis of historic and forecast data and the drivers and restraints on the market.
- Create regional and country strategies on the basis of local data and analysis.
- Stay abreast of the latest customer and market research findings
- Benchmark performance against key competitors.
- Develop strategies based on likely future developments.
- Utilize the relationships between key data sets for superior strategizing.
- Suitable for supporting your internal and external presentations with reliable high-quality data and analysis
- Gain a global perspective on the development of the market.
Description:
Where is the largest and fastest-growing market for the forensic audit market? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The global forensic audit market report to 2030 report answers all these questions and many more.
The report covers the following chapters:
- Executive Summary – The executive summary section of the report gives a brief overview and summary of the report
- Report Structure – This section gives the structure of the report and the information covered in the various sections.
- Introduction - The introduction section of the report gives a brief introduction about segmentation by geography and segmentation by end-use industry, and by type of investigation.
- Market Characteristics – The market characteristics section of the report defines and explains the forensic audit market. This chapter includes different services covered in the report and basic definitions.
- Supply Chain – The supply chain section of the report defines and explains the key influencers in the forensic audit market supply chain.
- Product Analysis – The service analysis section of the report describes the leading products/services in the market along with key features and differentiators for those products/services.
- Customer Information– This chapters covers recent customers’ trends/preferences in the global forensic audit market.
- Trends And Strategies – This chapter describes the major trends shaping the global forensic audit market. This section highlights likely future developments in the market and suggests approaches companies can take to exploit these opportunities.
- PESTEL Analysis – This chapter provides the market opportunity assessment using PESTEL analysis of the global forensic audit market.
- Impact of COVID-19 – This section describes the impact of COVID-19 on the forensic audit market.
- Forensic Audit Major Cases- This section briefs on the major fraudulent cases during the historic period.
- Global Market Size And Growth – This section contains the global historic (2015-2019) and forecast (2023F, 2025F, 2030F) market values, and drivers and restraints that support and restrain the growth of the market in the historic and forecast periods.
- Regional Analysis – This section contains the historic (2015-2019), forecast (2019-2023F, 2025F, 2030F) market value and growth and market share comparison by region.
- Market Segmentation – This section contains the market values (2015-2019, 2019-2023F, 2025F, 2030F) and analysis for segment by type in the market.
- Regional Market Size And Growth – This section contains the region’s market size (2019), historic and forecast (2015-2019, and 2023F, 2025F, 2030F) market values, and growth and market share comparison of major countries within the region. This report includes information on all the regions (Asia Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa).
- Competitive Landscape – This section covers details on the competitive landscape of the global forensic audit market, estimated market shares and company profiles of the leading players.
- Key Mergers And Acquisitions – This chapter gives the information on recent mergers and acquisitions in the market covered in the report. This section gives key financial details of mergers and acquisitions, which have shaped the market in recent years.
- Market Background – This section describes the auditing services market of which the forensic audit market is a segment. This chapter includes the auditing services market values (2015-2019, 2019-2023F, 2025F, 2030F) and analysis for segment by type of service in the market.
- Conclusions And Recommendations – This section includes conclusions and recommendations based on the findings of the research. This section gives information on growth opportunities across countries, segments and strategies to be followed in those markets. It gives an understanding of where there is significant business to be gained by competitors in the next five years.
- Appendix – This section includes details on the NAICS codes covered, abbreviations and currencies codes used in this report.
Markets Covered:
The global forensic audit market is segmented:
- By Type Of End-User Industry: Financial Services; Mining, Oil & Gas; Manufacturing; Healthcare; Other Services; Others
- By Type Of Type of Investigation: Event and Data Analytics; Regulatory Investigations; Cross Border Investigations; Corruption and Bribery Investigation; Accounting Malpractice, and Securities Investigations; Other Forensic Audit
Companies Mentioned: PwC; Ernst & Young Global Limited; Deloitte Touche Tohmatsu Limited; KPMG International; BDO Global
Countries: United States, UK, Germany, France, Spain, Italy, China, Japan, India, Indonesia, Malaysia, Hong Kong, Sinapore, South Korea, Australia, Russia, and Brazil.
Regions: Asia Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Time-series: Five years historic and forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
FEATURED COMPANIES
- AlixPartners, LLP
- BDO Global
- Carter Backer Winter LLP
- Duff & Phelps, LLC
- FTI Consulting, Inc.
- Mazars
1. Forensic Audit Market Executive Summary2. Table of Contents3. List of Figures4. List of Tables5. Report Structure
LOADING...
FEATURED COMPANIES
- AlixPartners, LLP
- BDO Global
- Carter Backer Winter LLP
- Duff & Phelps, LLC
- FTI Consulting, Inc.
- Mazars
This report describes and evaluates the global forensic audit market. It covers 2015 to 2019, termed the historic period, and 2019 to 2023 termed the forecast period, along with further forecasts for the periods 2023-2025 and 2025-2030.
The global forensic audit market reached a value of nearly $12,180 million in 2019, having increased at a compound annual growth rate (CAGR) of 6.3% since 2015. The market is expected to decline from $12,180 million in 2019 to $11,937 million in 2020 at a rate of -2.0%. The market is then expected to recover and grow at a CAGR of 8.2% from 2021 and reach $15,469 million in 2023.
Growth in the historic period resulted from an increased number of financial fraud cases, growing scope of forensic audit and outsourcing of backend operations. Factors that negatively affected growth in the historic period were uncertain government decisions and policies and varied accounting standards in different geographies.
Going forward, increasing public and private collaborations, technological developments and rising mergers and acquisition activities will support the market growth in the forecast period. Factors that could hinder the growth of the forensic audit market in the future include a shortage of skilled labor, expected COVID-19 pandemic causing global recession and the emergence of in-house forensic audits.
The forensic audit market is segmented by type of investigation into event and data analysis, regulatory investigations, cross border investigations, corruption and bribery investigation, accounting malpractices and securities investigation and other forensic audit services. The event and data analysis market was the largest segment of the forensic audit market segmented by type of investigation, accounting for 18.4% share of the total market in 2019. Going forward, the event and data analysis market segment is also expected to be the fastest-growing segment in the forensic audit market, at a CAGR of 7.7%.
The forensic audit market is segmented by end-use industry into financial services, manufacturing, healthcare, mining and oil and gas, other services and others. The financial services were the largest segment of the forensic audit market segmented by type of end-use industry, accounting for 38.9% share of the total market in 2019. Going forward, the financial services segment is also expected to be the fastest-growing segment in the forensic audit market, at a CAGR of 7.2%.
North America was the largest region in the global forensic audit market, accounting for 40.9% share of the total market in 2019. It was followed by Western Europe and Asia-Pacific, and then the other regions. Going forward, the fastest-growing regions in the forensic audit market will be Asia-Pacific and Africa, where growth will be at CAGRs of 9.6% and 8.7% respectively. These will be followed by Western Europe and Eastern Europe, where the markets are expected to grow at CAGRs of 7.24% and 7.22% respectively.
The global forensic audit market is highly concentrated, with large players dominating the market. The top ten competitors in the market made up to 70.1% of the total market in 2019. Major players in the market include PwC, Ernst & Young Global Limited, Deloitte Touche Tohmatsu Limited, KPMG International, BDO Global and others.
The top opportunities in the forensic audit market segmented by type of investigation will arise in the event and data analysis market segment, which will gain $774 million of global annual sales by 2023. The top opportunities in the forensic audit market segmented by end-user will arise in the financial services segment, which will gain $1,522 million of global annual sales by 2023. The forensic audit market size will gain the most in the USA at $565.5 million.
Market-trend-based strategies for the forensic audit market include the use of artificial intelligence to detect frauds to save costs, and the adoption of blockchain technology to improve audit services. Player-adopted strategies in the forensic audit market include investing in geographical expansion, expanding the service offerings, and strengthening the business through mergers and acquisitions.
Amidst the unprecedented outbreak of coronavirus, governments across the world are advising people to stay indoors and practice social distancing, to reduce the spread of the pandemic. This has decreased short-term potential growth opportunities for the forensic audit industry. COVID-19 pandemic has halted the economic activity in the majority of countries. The COVID-19 pandemic is expected to cause a global recession which is expected to hinder the forensic audit market.
A selection of companies mentioned in this report includes:
- AlixPartners, LLP
- Baker Tilly
- BDO Global
- BMR Advisors
- Carter Backer Winter LLP
- Crowe
- Deloitte Touche Tohmatsu Limited
- Duff & Phelps, LLC
- Ernst & Young Global Limited
- Froese Forensic Partners
- FTI Consulting, Inc.
- Grant Thornton International Ltd.
- KPMG International
- Marcum Bernstein & Pinchuk LLP
- Mazars
- MDD Forensic Accountants
- Parker Randall
- Pinkerton
- PKF Au
- PwC
- RSM International Ltd.
-
LOADING...
