Global forensic accounting market Size to Reach USD 12.75 Billion in 2032 | Emergen Research
Vancouver, Oct. 25, 2023 (GLOBE NEWSWIRE) — The global forensic accounting market size was USD 5.50 Billion in 2022 and is expected to register a revenue CAGR of 8.8% during the forecast period, according to latest analysis by Emergen Research. Rapid increase in insurance purchases, increase in the number of fraudulent cases, growth in business partnership and shareholder issues, and rise in legal marriage cases are some of the key factors driving revenue growth of the global forensic accounting market.
Forensic accounting is transitioning from conventional to more advanced levels in terms of procuring large data sets, analyzing patterns, financial irregularities, and exceptions, spotting errors through technological advancements such as big data. This helps forensic accounting in collecting hard to find information related to financial crimes in less amount of time and determination of ris
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