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Forensic Technology Market Value Analysis: What Growth Is Expected Over The Forecast Period?
The crime risk report market size has experienced rapid growth in recent years. It is projected to increase from $11.75 billion in 2025 to $13.69 billion in 2026, at a compound annual growth rate (CAGR) of 16.5%. The expansion witnessed in the historic period stems from factors such as rising urban crime rates, the demand for crime data analysis, the adoption of early reporting systems, an escalating need for public safety intelligence, and the past reliance on manual crime risk assessments.
The crime risk report market size is set to experience swift expansion in the upcoming years. It is projected to reach $27.01 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 18.5%. This growth throughout the forecast period is attributable to the integration of AI and ML in crime prediction, the expansion of cloud-based crime reporting solutions, the utilization of IoT sensors for crime monitoring, a heightened focus on cybersecurity threats, and the adoption of geospatial analytics for risk mapping. Prominent trends for the forecast period include predictive crime analytics, real-time crime monitoring, cybercrime risk assessment, geospatial crime mapping, and cloud-based crime reporting platforms.
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Forensic Technology Market Growth Momentum: Which Factors Are Influencing Demand?
The increasing number of cyber-crime incidents is expected to propel the growth of the crime risk report market. Cybercrime encompasses criminal activities carried out digitally or through the dissemination of malicious software, which can compromise sensitive information. Crime risk reports serve as a vital tool to help prevent cyber threats such as hacking, phishing, and malware attacks, leading industries to increasingly rely on them for identifying potential vulnerabilities and mitigating risks to protect their assets and data from these digital threats. For instance, in November 2023, according to the Australian Signals Directorate, an Australia-based government agency, during the 2022–23 financial year, nearly 94,000 cybercrime reports were submitted to reportcyber, indicating a 23% increase from the prior year, with an average of one report received every six minutes. Therefore, the rising instances of cyber-crime will drive the expansion of the crime risk report market going forward.
Forensic Technology Market Segment Breakdown: Which Categories Generate The Most Revenue?
The forensic technology market covered in this report is segmented –
1) By Type: Next Generation Sequencing (NGS), Capillary Electrophoresis, Polymerase Chain Reaction (PCR), Microarrays, Rapid DNA Analysis, Automated Liquid Handling Technology, Other Types
2) By Service: DNA Profiling, Chemical Analysis, Biometric Analysis, Firearms Identification, Other Services
3) By Location: Laboratory Forensics Technology, Portable Forensics Technology
4) By Application: Pharmacogenetics, Biodefense And Biosurveillance, Judicial Or Law Enforcement, Other Applications
Subsegments:
1) By Next Generation Sequencing (NGS): Whole Genome Sequencing, Targeted Sequencing, RNA Sequencing
2) By Capillary Electrophoresis: DNA Fragment Analysis, STR Analysis (Short Tandem Repeat), Genetic Fingerprinting
3) By Polymerase Chain Reaction (PCR): Real-Time PCR (qPCR), Digital PCR (dPCR), Multiplex PCR
4) By Microarrays: DNA Microarrays, RNA Microarrays, SNP Microarrays (Single Nucleotide Polymorphisms)
5) By Rapid DNA Analysis: Portable DNA Analysis Systems, Rapid DNA Test Kits
6) By Automated Liquid Handling Technology: Automated Pipetting Systems, Liquid Handling Robotics, High-Throughput Screening (HTS)
7) By Other Types: Mass Spectrometry, Forensic Imaging Technologies, Luminol-Based Detection Systems, Biosensors And Biochips
Forensic Technology Market Trends Driving Strategic Industry Expansion
Leading companies in the crime risk report market are concentrating on developing advanced technologies, such as cloud-based platforms for monitoring and analyzing financial crime risk, to enhance real-time risk evaluation and regulatory reporting. These technological advancements in crime risk reporting involve sophisticated, cloud-delivered systems that integrate analytics, dashboards, and automated reporting to centralize crime risk data, highlight anomalies, and generate reports suitable for regulators across various business units. For instance, on September 17, 2024, Oracle Corporation, a US-based technology company, introduced its Oracle Financial Crime and Compliance Management Monitor Cloud Service. This new product provides centralized, role-specific dashboards that help institutions visualize financial crime risk exposure throughout their operations. It also offers detailed, drill-down analytics and interactive visualizations, enabling faster identification of emerging crime and compliance issues. Additionally, the solution simplifies the creation of customized, visually comprehensive AML and FCCM reports, assisting banks and fintechs in demonstrating effective crime risk management to regulators and internal stakeholders.
Forensic Technology Market Key Players And Strategic Industry Positioning
Major companies operating in the forensic technology market are Hitachi Corporation, F. Hoffmann-La Roche AG, Thermo Fisher Scientific Inc., Abbott Laboratories, Danaher Corporation, Siemens Healthineers AG, Thales SA, GE HealthCare Technologies Inc., Agilent Technologies Inc., Nikon Corporation, Shimadzu Scientific Instruments, IDEMIA Group, Bio-Rad Laboratories Inc., Bruker Corporation, QIAGEN N.V., HORIBA Ltd., Carl Zeiss AG, FLIR Systems Inc., Ultra Electronics Holdings Plc, LGC Forensics Ltd, AB SCIEX Pte Ltd, Leica Microsystems GmbH, Neogen Corporation, Promega Corporation, Pacific Biosciences of California Inc., Bode Cellmark Forensics Inc., Sirchie, Morpho
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Forensic Technology Market Regional Analysis: Which Region Leads By Revenue?
North America was the largest region in the forensic technology market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the forensic technology market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.