Digital Forensics Market to Surge USD 18.80 million, with Excellent CAGR of 21.68 by 2030
"In the reliable Digital Forensics Market research report, industry trends are put together on macro level with which clients can figure out market landscape and possible future issues about Digital Forensics Market industry. A team of innovative analysts, research experts, statisticians, forecasters and economists work strictly to present with the advanced and all-inclusive market research report. This market report also covers strategic profiling of major players in the market, meticulously analyzing their core competencies, and drawing a competitive landscape for the market. To achieve the desired success in the business, the top notch Digital Forensics Market report plays a key role.
With the world class Digital Forensics Market report, businesses can think about the scene about how the market is going to act upon in the forecast years by gaining details on market definition, classifications, applications, and engagements. For reaching towards the success at local, regional as well as international level, this high quality market research report is a definitive solution. The report makes knowledgeable about the market and competitive landscape which supports with enhanced decision making, better manage marketing of goods and decide market goals for better profitability. The universal Digital Forensics Market business report identifies and analyses the emerging trends along with key drivers, challenges and opportunities in the Digital Forensics Market industry.
Global Digital Forensics Market was valued at USD 6.70 billion in 2021 and is expected to reach USD 17.08 billion by 2029, registering a CAGR of 12.40% during the forecast period of 2022-2029.
Explore Further Details about This Research Digital Forensics Market Report https://www.databridgemarketresearch.com/reports/global-digital-forensics-market
Market Definition
Digital forensics refers to a branch of forensic science that focuses on identifying, acquiring, processing, analysing, and reporting data stored electronically. Electronic evidence is a component of almost all criminal activities, and digital forensics support is crucial for law enforcement investigations. Digital forensics involves collecting electronic evidence from various sources, such as computers, smartphones, remote storage, unmanned aerial systems, and shipborne equipment. The methodology generally followed includes extraction of data from the electronic evidence, processing it into actionable intelligence, and presenting the prosecution findings.
Report Scope and Market Segmentation
REPORT METRIC |
DETAILS |
Forecast Period |
2022 to 2029 |
Base Year |
2021 |
Historic Years |
2020 (Customizable to 2019 - 2014) |
Quantitative Units |
Revenue in USD Billion, Volumes in Units, Pricing in USD |
Segments Covered |
Component (Hardware, Software and Tools, Services), Type (Computer Forensics, Mobile Device Forensics, Network Forensics, Database Forensics, Malware Forensics, Email Forensics, Automotive Forensics, Drone Forensics, Others), Application (Fraud Investigations, Intellectual Property Theft, Industrial Espionage, Forgery-Related Matters, Bankruptcy Investigations, Issues Concern with the Regulatory Compliance, Employment Disputes, Inappropriate use of the Internet and Email in the Workplace), Industry (Government and Defense, Banking, Financial Services, and Insurance, Telecom and IT, Retail, Transportation and Logistics, Law Firms, Healthcare, Media and Entertainment, Others), Mode of Purchase (Group Purchase, Individual), Distribution Channel (Third Party Distributor, Retail Sales, Online Sales, Others) |
Countries Covered |
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America. |
Market Players Covered |
Cellebrite (Israel), MSAB (Sweden), Oxygen Forensics (US), Digital Forensics Corporation (US), Digital Detective Group Limited (UK), Barracuda Networks, Inc. (US), Open Text Corporation (Canada), LogRhythm, Inc. (US), Kroll, LLC (US), Magnet Forensics (Canada), NUIX (Australia), CY4OR Legal Limited (UK), Flatworld Solutions Pvt. Ltd. (India), Fire Eye, Inc. (US), Coalfire (US), Paraben Corporation (US), iDiscovery Solutions, Inc. (UK), PT&C Forensic Consulting Services P.A. (US), Grayshift (US), LIFARS (US), Passware (Estonia), Cado Security (UK), TCS Forensics (Canada), PwC (UK), Exterro, Inc (US), IBM (US), ADF Digital Forensics (US), Binary Intelligence, LLC (US), KLDiscovery (US), and Optiv Security Inc. (US), among others |
Market Opportunities |
|
Digital Forensics Market Dynamics
This section deals with understanding the market drivers, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
- Penetration of Internet of Things (IoT)
The increase in the applications employing the Internet of Things – IoT acts as one of the major factors driving the growth of digital forensics market. Also, the surge in demand for cloud computing along with remote device monitoring and data transmission through wireless devices has a positive impact on the market.
- BYOD Culture
The rise in the culture of Bring Your Own Device (BYOD) coupled with remote working and digitalization of the business processes increasing the amount of confidential data which are stored on various devices accelerate the market growth.
- Monitoring of Remote Devices
The increase in need to monitor remote devices while allowing access only to specific people to avoid misuse of data and loss to the organization further influence the market. The rise in the investments in digital forensics hardware and software to receive consulting and services assist in the expansion of the market.
Additionally, rapid urbanization, change in lifestyle, surge in investments and increased consumer spending positively impact the digital forensics market.
Opportunities
Furthermore, adoption of digital forensic solutions in highly regulated industry verticals extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Also, use of crypto currencies will further expand the market.
Answers That the Report Acknowledges:
- Digital Forensics Market size and growth rate during forecast period
- Key factors driving the Digital Forensics Market
- Key market trends cracking up the growth of the Digital Forensics Market.
- Challenges to Digital Forensics Market growth
- Key vendors of Digital Forensics Market
- Opportunities and threats faces by the existing vendors in Global Digital Forensics Market
- Trending factors influencing the market in the geographical regions
- Strategic initiatives focusing the leading vendors
- PEST analysis of the Digital Forensics Market in the five major regions
Why choose Data Bridge Market Research?
- Modern technologies, such as artificial intelligence, to provide updated industry growth.
- DBMR team provides clients with the top notch Digital Forensics Market research report.
- Interaction with research scientists and development heads to understand the nature of the Digital Forensics Market more precisely.
- 24/7 availability of services.
- Data collection from implementation vendors, service providers, and raw material suppliers to provide a clear perspective with Forecast period.
DBMR team uses very fair means to gather information that is scrutinized at every stage while structuring an influential Digital Forensics Market size
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