Digital Forensics Market By Type (Computer Forensics, Mobile Devices Forensics, Cloud Forensics), By Service (Digital Investigation And Consulting Services, Incident Response, System Integrators, Training And Certification, Support And Maintenance) - Growth, Share, Opportunities & Competitive Analysis, 2016 - 2023

This report on the digital forensics market studies various digital forensic types and services. Digital forensics is a branch of forensic science encompassing the recovery and investigation of material found in digital devices, often about computer crime. Digital forensics investigations have a variety of applications. The world is now wholly dependent on digital devices, and this space is continuously evolving. For over a decade, personal computers have been surpassed by mobile devices.

Moreover, technologies such as the cloud and the internet of things are deeply penetrating the IT space defining the future of the cyber world and making digital information more distributed than ever. Cyber espionage, such as phishing, bank fraud, and money laundering, is surging across the regions, and it is becoming evident that digital forensics has become a relatively essential tool for crime investigations. Digital forensic tools are used for the identification, preservation, justification, examination, and preservation of digital evidence for post-attack examination.

For this study, the global digital forensics market, based on digital forensics type, is segmented into computer forensics, network forensics, cloud forensics, mobile device forensics, database forensics, and others. Market size estimates and forecasts for these segments for 2013 to 2023 are provided in terms of USD Mn, along with the respective compounded annual growth rates (CAGRs) for the period 2016 to 2023, considering 2015 as the base year.

Based on services type global digital forensics market is segmented as digital investigation and consulting, system integration, incident response, training and education, and support and maintenance. Market size estimates and forecasts for these segments for 2013 to 2023 are provided in terms of USD Mn, along with the respective compounded annual growth rates (CAGRs) for the period 2016 to 2023, considering 2015 as the base year.

The digital forensics market has been geographically categorized into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. Each geography market is further split to provide market revenue for select countries such as the U.S., Canada, U.K., Germany, China, Japan, Brazil, and GCC countries. Market size and forecast for these segments from 2013 to 2023 and their CAGRs for the period 2016 to 2023 are provided in this report.

The major key players profiled in the digital forensics market are based on various characteristics such as business description, financial health, budget allocation, product portfolio, and news coverage. The key players profiled in this report are AccessData Group LLC, Guidance Software Inc., FireEye Inc., Paraben Corporation, Nuix Pty. Ltd., Cellebrite Mobile Synchronization Ltd., Digital Detective Group, LogRhythm, Inc., and MSAB.

Based on the type of digital forensics, the global digital forensics market is segmented as follows:

  • Computer Forensics
  • Network Forensics
  • Cloud Forensics
  • Mobile Device Forensics
  • Database Forensics
  • Others

Increasing digitization in the major industries has led to the storage of confidential and sensitive data in digital form, which leads to cybercrime. Thus, the increasing number of cyber crimes globally has led to the growth of the digital forensics market. Computer forensics held the largest share in the digital forensics market due to increase organizational spending on computer forensics for securing critical and sensitive data. Moreover, the use of computer forensics in employment disputes, fraud investigations, forgeries, bankruptcy investigations, and regulatory compliances would further fuel the market for computer forensics during the forecast period. Cloud forensics is anticipated to grow at the fastest rate during the forecast period of 2016 to 2023. The major factors driving the cloud forensics market include the increasing usage of cloud-based computing and the benefits of cloud computing that are making more and more people opt for cloud computing. Rapid advancements, as well as the widespread adoption of cloud computing, are pushing digital forensics to a new level, bringing numerous challenges and opportunities. Thus, cloud forensics would grow at the highest CAGR during the focus period.

Based on the type of service, the digital forensics market is segmented into:

  • Digital Investigation and Consulting Services
  • Incident Response
  • System Integrators
  • Training and Certification
  • Support and Maintenance

In 2015, digital investigation and consulting services were observed as the largest segment in global digital forensics market because the investigation of the root cause in every cyber attack along with the full extent of the breach and analyzing the depth of infiltration in the system is the important and digital investigation and consulting vital play a role in this process. Cyber attacks against institutions and businesses are growing in frequency and impact. Cyber attacks result in financial loss, business disruption, customer litigation exposure, and significant public-relations damage. All the above factors, along with rising awareness about the consequences of cyber attacks, are influencing business and institution operators to invest in digital investigation and consulting services. Training and education were observed as the fastest growing service segment due to the growing number of digital forensics training institutes, and the high demand for skilled investigators is assisting the future growth of this segment throughout the forecast period. Business organizations and institutes also invest significant amounts in developing their in-house forensic expert team. This is expected to support the digital forensics training and certification services market.

For this study, the global digital forensics market is categorized into:

  • North America
  • Europe
  • Asia Pacific
  • Latin America (LATAM)
  • Middle East and Africa (MEA)

North America is the largest regional digital forensics market, accounting for 55.30% in 2015. The increasing demand for forensics in North America is mainly exhibited by the defense sectors, major IT companies, banking sectors, and law enforcement. Mounting cybercrime rates, an increasing number of terrorist attacks carried out with the help of digital technologies, and a stronger role of overall forensic sciences in bringing suspects to book are boosting the need for rapid adoption of digital forensic technologies and services. Market experts suggest that the rate of digital crimes such as cyber-based terrorism, data espionage, hacking, computer intrusions, malware, and others is relatively higher in the Americas region. According to the Federal Investigation Bureau (FBI), in the U.S. alone, there have been over 269,422 complaints reported of cybercrimes in 2014, with an estimated loss of USD 800 million. At the same time, Europe is expected to be the second largest regional market for digital forensics market due to the higher demand for forensic services in U.K., Germany, and France. Asia-Pacific is expected to project the highest growth throughout the forecast period owing to the increasing government support and insider threats in countries such as India, Pakistan, China, and others. Asia Pacific was observed as the fastest growing market throughout the forecast period due to growing industrialization is boosting the thought of insecurity in terms of vital databases, high disposable incomes assisting the money transaction rate in Asia, and increasing adoption of cloud-based systems and mobile phones. However, currently, countries such as Japan, China, Brazil, Australia, and South Korea are observed to be the greatest trendsetters in this region. The Asia-Pacific digital forensics market is expected to grow at a CAGR of 14.06% from 2016-2023.

Frequently Asked Questions:

The market for Digital Forensics is expected to reach US$ XX Bn to 2023.

The Digital Forensics market is expected to see significant CAGR growth over the coming years, at XX%.

The report is forecasted from 2016-2023.

The base year of this report is 2021.

AccessData Group LLC., Oxygen Forensic, Guidance Software Inc, Nuix Pty. Ltd, LogRhythm, Inc are some of the major players in the global market.

In Vitro Fertilization (IVF) Devices and Consumables Market Size, Segmentation, Opportunities, Trends, Growth and Industry Forecast To 2022

In vitro fertilization is a form of assisted reproductive technology where the egg is artificially fertilized and later implanted in the womb. This method is widely prevalent in infertile parents, LGBT community and single mothers. The global in vitro fertilization devices and consumables market will undergo rapid growth during the forecast period due to rising infertility rates, delayed pregnancies and surging evolution of assisted reproductive technologies. Innovations in IVF technologies such as introduction of capsule IVF will further add to demand for IVF across the globe.

Global Kaolin Market: Growth, Future Prospects & Competitive Analysis, 2018 – 2026

Kaolin, commonly referred to as ‘China Clay’ is a white, soft, plastic clay belonging to a group of alumino silicates. Kaolin is obtained after the hydrothermal and weathering process of anhydrous aluminum silicates, found in feldspar rocks, such as granite. Properties of kaolin such as whiteness coupled with its plastic content makes kaolin an ideal material to be used as a filler, extender, raw material and pigment in refractories, fiber glass and cement industries.

Polyester Yarns Market Growth, Future Prospects and Competitive Analysis, 2017-2025

Polyester belongs to the class of polymers which comprise of ester functional group in the main chain. Being an explicit material, polyester generally refers to the fibers or yarns of polyethylene terephthalate. Polyesters comprise of synthetic materials such as polybutyrate as well as naturally occurring materials such as cutin of plant cuticles. All the natural polyesters are biodegradable, although a few synthetic polyesters also can be decomposed. Polyester yarns are extensively used in textile and clothing application. Fabrics knitted or woven from polyester yarns are used exclusively in apparel, clothing and home furnishings.

Choose License Type
Trusted By
Published Date:  Aug 2016
Category:  Technology & Media
Report ID:   57860
Report Format:   PDF
Pages:   120
Rating:    4.3 (60)
Delivery Time: 24 Hours to 48 Hours   
Connect With Us
24/7 Research Support