Global
Digital
Forensics Market Report, published by Variant Market Research,
forecast that the global market was valued at $3 billion in 2016 and expected
to reach $7 billion by 2024, growing at a CAGR of 12.6% from 2016 to 2024. In
geographical segments, Asia-pacific and Rest of the World (RoW) are expected to
grow at a CAGR of 18.1% and 13.8%, respectively, over the forecast period 2016
- 2024.
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The global digital forensics market is
majorly driven by growing security worries across numerous industries, surge in
sophisticated digital crime and terrorist attractivities. Though, growing
complexity of mobile devices and growing uses of cloud based applications may
hinder the growth of the market. Additionally, technological advancements and innovation
in digital forensic tools would provide several growth opportunities for the
market in future years.
The global digital forensics market has
been categorized into type, application, and geography. Type segment includes
network forensics, computer forensics, cloud forensics, database forensics, mobile
device forensics, and other types. Application segment contains healthcare, law
enforcement, education, defense & aerospace, financial services &
insurance, transportation & logistics, information technology, and banking.
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Among computer forensics accounted for
the largest market share in 2016, driven by extensive usage of computer
forensics in both private and criminal law investigation, in order to examine,
and recover data or evidence related to computer crime. By application
segments, the law enforcement application held for the major market share in
2016, due to growing implementation of digital forensics in collecting, analyzing
and presenting data as evidences in a court of law. The education segment is predictable
to grow at the fastest CAGR during the forecast period, owing to rising
requirement for cyber security in education industry.
North America, Europe, Asia-Pacific and Rest of the
World (RoW) are the major regions covered in the report. North America accounted for the major
market share of 53.1% in 2016, due to technological advancements and growing cyber-crime
rates in countries such as U.S. and Canada. Asia-Pacific is expected to attain
the fastest CAGR of 18.1% during the forecast period 2016-2024. The growth
would be primarily driven by cyber-crimes and growing piracy threats, coupled
with increased government expenditure in digitalization of sectors such as law
enforcement, information technology, banking, and defense, among others.
The major players in the digital
forensics market comprise Binary Intelligence, Global Digital Forensics, LogRhythm,
Inc., Lancope, Inc., Paraben Corporation, ASR Data, Guidance Software, Inc.,
Access Data Group, Fireeye Inc., and Digital Detectives, among others.
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Scope of Digital
Forensics Market
Type Segments
- Network
Forensics
- Computer
Forensics
- Mobile
device Forensics
- Cloud
Forensics
- Database
Forensics
- Others
Application Segments
- Law
Enforcement
- Healthcare
- Education
- Banking,
Financial services & Insurance (BFSI)
- Information
Technology
- Transportation
& Logistics
- Defense & Aerospace
Geographical Segments
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- United Kingdom
- Spain
- Others
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Others
- RoW
- South America
- Middle East
- Africa
Variant Market Research offers syndicated
and customized reports to fulfill clients' objectives. We also provide
customized data pack proposing market sizing in an Excel/PDF/PowerPoint or Word
format as per the requirement of clients. We cover several industry domains,
namely Semiconductor & Electronics, Consumer Electronics, Information and
Communication Technology, Automotive, Consumer Goods, Food & Beverages,
Pharmaceuticals, Medical Devices, Chemicals, Industrial, Mining Equipment,
Automation, Manufacturing, Construction, Energy & Power, Defense &
Aerospace and Banking, Financial services and Insurance (BFSI). Our expertise
are data triangulation, competitor benchmarking, parent market benchmarking,
estimating market size and forecast of the market from 2016 to 2024.
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Variant Market Research
Web: https://www.variantmarketresearch.com
Tel: +1-415-680-2785
Tel: +91 20 65337795
Fax: +1-415-680-2786
Email: help@variantmarketresearch.com
Email: sales@variantmarketresearch.com
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