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 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 in relation to 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 are being surpassed by mobile devices. Moreover, technologies such as cloud and internet of things are deeply penetrating the IT space defining the future of the cyber world, making digital information more distributed than ever. Cyber espionages such as phishing, bank frauds, and money laundering are 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 identification, preservation, justification, examination, and preservation of digital evidence for the purpose of post-attack examination.

For the purpose of this study, the global digital forensics market on the basis of digital forensics type is segmented into computer forensics, network forensics, cloud forensics, mobile device forensics, database forensics and others. Market size estimates and forecast for these segments for the period 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.

On the basis of 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 forecast for these segments for the period 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 major regions such as 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 during 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 on the basis of various characteristics such as business description, financial health and 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.

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

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

Digital Forensics Market

North America is the largest regional market for digital forensics market accounting for the market share of 55.30% in 2015. Increasing demand for forensics in North America is mainly exhibited from the defense sectors, major IT companies, banking sectors, and law enforcement. Mounting cyber crime rates, increasing number of terrorist attacks carried out with help of digital technologies, and stronger role of overall forensic sciences in bringing suspects to the 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 are 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. While Europe is the expected to be the second largest regional market for digital forensics market due to higher demand for forensic services in U.K., Germany and France. Asia-Pacific is expected to project 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 database, high disposable incomes are 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.

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Published Date:  Aug 2016
Category:  Technology & Media
Report ID:   57860
Report Format:   PDF
Pages:   120
Rating:    4.3 (60)
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