Digital Forensics Market Size is Expected to Reach USD 4.24 billion by 2025
The global digital forensics market exhibiting a CAGR of 12.3% during the forecast period, according to a new report by Radiant Insights, Inc. Rising internet penetration, advancements in computing technology, and instances of cyberattacks are some of the key growth driving factors. Additionally, increasing demand for sophisticated cybersecurity tools to detect and investigate cyberattacks and financial frauds among large as well as small and medium enterprises is expected to drive the market growth.
Digital forensic tools assist in lost data analysis, reconstruction, and evidence collection from digital devices. Enterprises across the globe focus on adopting these tools to identify and avoid cyberattacks. The enterprises have to follow several regulations and compliances regarding consumer data privacy, such as General Data Protection Regulation (GDPR), California Consumer Privacy Act of 2018 (CCPA), and Personal Information Protection and Electronic Documents Act (PIPEDA), among others. This is expected to encourage the adoption of digital forensic solutions and services.
Request a Sample Copy of This Report: https://www.radiantinsights.com/research/digital-forensics-market/request-sample
The foremost application of digital forensics is found in private and criminal investigation. Factors, such as rising internet penetration, usage of electronic devices, and smart devices, among others have led to a surge in cyberattacks across the globe. Rising intensity of cyberattacks is anticipated to further propel the demand for digital forensic tools over the forecast period. Digital forensics tools are increasingly being used to resolve issues related to cyber threat in the enterprises. The tools aid in investigating data stored in digital devices, examine suspect data, and then use it as a digital evidence in the court.
Further key findings from the report suggest:
• The service segment is expected to expand at the highest CAGR of 13.1% over the forecast period, as the services provide broad reporting capabilities for authenticating the regulatory compliance with security policies for users
• The cloud forensics segment is anticipated to expand at the fastest CAGR of 13.3% over the forecast period, attributed to rising adoption of cloud technologies in enterprises globally, which have led to a rise in number of cyberattacks
• Review and reporting segment is expected to register highest growth over the forecast period as it provides effective evidence analysis and also helps jurists make fact-based decisions
• In BFSI sector, digital forensics solutions and services are being widely adopted owing to increasing number of financial frauds and rising demand to investigate these frauds globally
• North America dominated the market in 2018 and is expected to maintain its dominance over the forecast period, attributed to presence of large number of digital forensics solution and services providers and robust infrastructure for adopting these solution and services
• Key players in the digital forensics market include Guidance Software Inc.; LogRhythm Inc.; Accessdata; Paraben Corporation; FireEye Inc.; Digital Detective Group Limited; MSAB; and Oxygen Forensics Inc.
Browse Full Research Report with TOC @ https://www.radiantinsights.com/research/digital-forensics-market
Table of Contents
Chapter 1 Methodology and Scope
1.1 Research Methodology
1.2 Research Scope and Assumptions
1.3 List of Data Sources
Chapter 2 Executive Summary
2.1 Digital Forensics Market - Industry Snapshot & Key Buying Criteria, 2015 - 2026
2.2 Global Digital Forensics Market, 2015 - 2026
2.2.1 Global digital forensics market, by region, 2015 - 2026
2.2.2 Global digital forensics market, by component, 2015 - 2026
2.2.3 Global digital forensics market, by service, 2015 - 2026
2.2.4 Global digital forensics market, by type, 2015 - 2026
2.2.5 Global digital forensics market, by tool, 2015 - 2026
2.2.6 Global digital forensics market, by end use, 2015 - 2026
Chapter 3 Digital Forensics Market - Industry Outlook
3.1 Market Segmentation and Scope
3.2 Market Size and Growth Prospects
3.3 Digital Forensics Market - Value Chain Analysis
3.3.1 Vendor landscape
3.4 Digital Forensics Market Dynamics
3.4.1 Market driver analysis
3.4.1.1 Increasing number of cyber-attacks
3.4.1.2 Rising adoption of digital forensics solutions in highly regulated industry verticles
3.4.2 Market challenge analysis
Continued ………
Browse More Related Reports of Technology & Media Industry: https://www.radiantinsights.com/catalog/technology-and-media
About Radiant Insights,Inc
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.
Media Contact:
Michelle Thoras
201 Spear Street 1100,
Suite 3036, San Francisco,
CA 94105, United States
Tel: 1-415-349-0054
Toll Free: 1-888-928-9744
Mail: sales@radiantinsights.com
Digital forensic tools assist in lost data analysis, reconstruction, and evidence collection from digital devices. Enterprises across the globe focus on adopting these tools to identify and avoid cyberattacks. The enterprises have to follow several regulations and compliances regarding consumer data privacy, such as General Data Protection Regulation (GDPR), California Consumer Privacy Act of 2018 (CCPA), and Personal Information Protection and Electronic Documents Act (PIPEDA), among others. This is expected to encourage the adoption of digital forensic solutions and services.
Request a Sample Copy of This Report: https://www.radiantinsights.com/research/digital-forensics-market/request-sample
The foremost application of digital forensics is found in private and criminal investigation. Factors, such as rising internet penetration, usage of electronic devices, and smart devices, among others have led to a surge in cyberattacks across the globe. Rising intensity of cyberattacks is anticipated to further propel the demand for digital forensic tools over the forecast period. Digital forensics tools are increasingly being used to resolve issues related to cyber threat in the enterprises. The tools aid in investigating data stored in digital devices, examine suspect data, and then use it as a digital evidence in the court.
Further key findings from the report suggest:
• The service segment is expected to expand at the highest CAGR of 13.1% over the forecast period, as the services provide broad reporting capabilities for authenticating the regulatory compliance with security policies for users
• The cloud forensics segment is anticipated to expand at the fastest CAGR of 13.3% over the forecast period, attributed to rising adoption of cloud technologies in enterprises globally, which have led to a rise in number of cyberattacks
• Review and reporting segment is expected to register highest growth over the forecast period as it provides effective evidence analysis and also helps jurists make fact-based decisions
• In BFSI sector, digital forensics solutions and services are being widely adopted owing to increasing number of financial frauds and rising demand to investigate these frauds globally
• North America dominated the market in 2018 and is expected to maintain its dominance over the forecast period, attributed to presence of large number of digital forensics solution and services providers and robust infrastructure for adopting these solution and services
• Key players in the digital forensics market include Guidance Software Inc.; LogRhythm Inc.; Accessdata; Paraben Corporation; FireEye Inc.; Digital Detective Group Limited; MSAB; and Oxygen Forensics Inc.
Browse Full Research Report with TOC @ https://www.radiantinsights.com/research/digital-forensics-market
Table of Contents
Chapter 1 Methodology and Scope
1.1 Research Methodology
1.2 Research Scope and Assumptions
1.3 List of Data Sources
Chapter 2 Executive Summary
2.1 Digital Forensics Market - Industry Snapshot & Key Buying Criteria, 2015 - 2026
2.2 Global Digital Forensics Market, 2015 - 2026
2.2.1 Global digital forensics market, by region, 2015 - 2026
2.2.2 Global digital forensics market, by component, 2015 - 2026
2.2.3 Global digital forensics market, by service, 2015 - 2026
2.2.4 Global digital forensics market, by type, 2015 - 2026
2.2.5 Global digital forensics market, by tool, 2015 - 2026
2.2.6 Global digital forensics market, by end use, 2015 - 2026
Chapter 3 Digital Forensics Market - Industry Outlook
3.1 Market Segmentation and Scope
3.2 Market Size and Growth Prospects
3.3 Digital Forensics Market - Value Chain Analysis
3.3.1 Vendor landscape
3.4 Digital Forensics Market Dynamics
3.4.1 Market driver analysis
3.4.1.1 Increasing number of cyber-attacks
3.4.1.2 Rising adoption of digital forensics solutions in highly regulated industry verticles
3.4.2 Market challenge analysis
Continued ………
Browse More Related Reports of Technology & Media Industry: https://www.radiantinsights.com/catalog/technology-and-media
About Radiant Insights,Inc
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.
Media Contact:
Michelle Thoras
201 Spear Street 1100,
Suite 3036, San Francisco,
CA 94105, United States
Tel: 1-415-349-0054
Toll Free: 1-888-928-9744
Mail: sales@radiantinsights.com
Comments
Post a Comment