Digital Forensics Market Growth Probability, Leading Vendors and Future Scenario By 2024-2031

Global digital forensics market is expected to grow with a CAGR of 10.9% during the forecast period of 2019-2025. Digital forensics is a branch of investigation to detect crimes & attacks and investigate by collecting, identifying and validating the digital information. The major factors that are augmenting the growth of the market include increasing cases of cyber-attacks and crimes on enterprises devices and increasing demand for Internet of Things (IoT) devices globally. Moreover, rising demand for cloud computing forensic and data security coupled with the regulatory enforcement and compliance is expected to further augment the market. It has increased due to the rise in the number of mobile penetrations. For instance, as per the International Telecommunication Union (ITU), internet penetration at a global level has been increased to 51% in 2018 as compared to 34% only in 2012. Mobile cellular telephone subscription has been increased to 107 per 100 people in 2018 as compared to 88 subscriptions per 100 people in 2012. However, the lack of skilled professionals and a high level of encryption in mobile applications are the major barrier in the growth of the global digital forensics market. Advancement in forensic tools such as integration of artificial intelligence (AI) and computer forensics and rise in the incidences of the insider attacks will provide a lucrative growth opportunity for the market during the forecasted period.

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By end-user, the digital forensics market is divided into BFSI, government & law enforcement agencies, healthcare and life science, defense and aerospace, information technology (IT) & telecommunication, and others. BFSI is expected to hold the largest share during the forecast period. It is due to the high number of online frauds along with frauds at e-commerce website and wallets. It is followed by government and law enforcement as government agencies data and their website are the prime target of hackers. BFSI is further expected to be the fastest growing market in digital forensics followed by IT and telecommunications. IT and telecommunication market are increasing due to significant data loss of people which include their personal information.

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  • Market Coverage
  • Market number available for – 2024-2031
  • Base year- 2024
  • Forecast period- 2024-2031
  • Segment Covered- By Source, By Product Type, By Applications
  • Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
  • , and others

Global Digital Forensics Market Report Segment

By Type

  • Computer Forensics
  • Mobile Device Forensics
  • Network Forensics
  • Other

By End-User

  • Banking, Financial Services and Insurance (BFSI)
  • Government and Law Enforcement Agencies
  • Healthcare and Life Science
  • Defense and Aerospace
  • IT and Telecommunication
  • Others

Global Digital Forensics Market Report Segment by Region

North America

  • US
  • Canada

Europe

  • Germany
  • UK
  • France
  • Spain
  • Italy
  • Rest of Europe

Asia-Pacific

  • China
  • Japan
  • India
  • Rest of Asia-Pacific

Rest of the World

  • Middle East & Africa
  • Latin America

The Report Covers

 

  • Annualized market revenues ($ billion) for each market segment.
  • Market value data analysis from 2018 to 2019 and forecast to 2025.
  • Company share and market share data for the global digital forensics market.
  • Global corporate-level profiles of key companies operating within the global digital forensics market.
  • Based on the availability of data for the category and country, and relevant news is also available in the report.
  • Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
  • Analysis of market-entry and market expansion strategies.
  • Competitive strategies by identifying ‘who-stands-where’ in the market.
  • Investment strategies by identifying the key market segments expected to register strong growth in the near future.
  • Understand the key distribution channels and identifying the most preferred mode of product distribution.

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