Companies in this industry provide investigation and detective services. Major firms include US-based Corporate Risk Holdings, The Diamond Group, FTI Consulting, Guardsmark, and Sterling.
Demand is driven by the needs of businesses, nonprofit institutions, and government agencies for outside advice on risk assessment and mitigation. The profitability of individual firms depends on the efficiency of their operations and their ability to maintain a steady flow of business. Large firms have advantages in being able to offer broad ranges of services and to take on more complex projects. Small firms can compete effectively by specializing. The US industry is concentrated: the top 50 firms account for about 60% of industry revenue.
Products, Operations & Technology
Major services include background investigations related to employment, as well as legal investigations services, corporate investigations, and insurance investigations.