Investigative Services Procurement Category Market Research Report from IBISWorld Has Been Updated
PRWeb - Mon Sep 08, 3:01AM CDT
Investigative services have a buyer power score of 3.0 out of 5.0. This score reflects moderate negotiating strength for buyers. Demand for investigative services has increased steadily over the past three years, causing prices to rise. Companies across nearly all sectors have sought ways to address potential business threats arising from financial reporting fraud, bribery, money laundering or other related business misconduct, says IBISWorld analyst Ian Buchanan. This rising demand, coupled with strengthening corporate profit levels and an increasing number of businesses, is expected to drive prices for investigative services higher in the three years to 2017. Although rising prices have hurt buyer negotiation power, buyers have benefited from low price volatility, which has reduced the likelihood of drastic price shifts.