Digital Forensics Market find out Growth Potential through Demand Forecast 2032

Market Overview:

The Digital Forensics Market is projected to grow from USD 11.6 Billion in 2023 to USD 22.3 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 11.40% during the forecast period (2023 - 2030). As per the digital forensics market research report, the global market for digital forensics is anticipated to grow rapidly by US$5 billion by 2023. As per analysts, popularity of connected devices along with increasing demand for IoT implementation will drive the market growth throughout the forecast period. The digital forensics market research report provides an in-depth analysis of the global digital forensics market and its application, deployment, type, and component segments. Concerns regarding efficiency as well as effectiveness of solutions are the factors which could affect the digital forensics market growth during the forecast period. The digital forensics market research report by expert analysts is intended to help companies in the digital forensics market.

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Key Players:

Key Companies in the Digital Forensics market include,

• AccessData Group LLC
• ADF Solutions
• Cellebrite Paraben
• Coalfire
• Digital Detective
• LogRhythm
• Magnet Forensics
• MSAB
• OpenText Corporation
• Oxygen Forensics

Market Segmentation:

The global digital forensics market has been segmented based on application, deployment, type, and component. On the basis of application, the market for digital forensics is segmented based on aerospace & defense, education, healthcare, IT & telecommunication, legal & professional, media & entertainment, military & defense and government & law enforcement agencies, transportation & logistics, BFSI. Additionally, the market on the basis of deployment, is segmented into cloud and on premise. The global market for digital forensics is also covered based on type segment which is further split into cloud forensics, mobile device forensics, network forensics, and computer forensics. On the basis of component, the market for digital forensics is segmented based on hardware, software and service.

Key influences such as limited technical expertise could obstruct the digital forensics market growth. However, as per the digital forensics market research report, increasing cyber crimes as well as the demand for risk remediation will drive growth during the forecast period. These key growth factors will help support the digital forensics market growth at a high CAGR. The segmental analysis of application, deployment, type, and component segments as well as regional market analysis has been presented in the global digital forensics market research report. Analysts studying the digital forensics market have presented projections in the digital forensics market research report assisting digital forensics market-based companies in numerous ways. The digital forensics market research report offers crucial details about the digital forensics market based on the data and forecasts till 2023.

Regional Overview:

North America, Europe, Asia Pacific and the rest of the world regional market for digital forensics are primarily covered in the global digital forensics market research report. The report also covers country-level markets spread across North America – the United States, Canada, and Mexico. In South America – Brazil and other country-level digital forensics markets are covered in the report. In Asia-Pacific (APAC) region, the country-level digital forensics markets covered are China, India, Japan, and others. The digital forensics market research report also covers the regional market for digital forensics spread across European countries including the United Kingdom, France, Italy, Spain, and Germany, etc. The digital forensics market research report further explores other regional markets from the rest of the world including digital forensics markets of the Middle East and Africa. As per the global digital forensics market research report.

Competitive Landscape:

Card based payments and increasing popularity of mobile commerce are expected to accelerate the digital forensics market growth worldwide. The global digital forensics market is set to witness challenges including complex and expensive deployment, however, companies in the digital forensics market will sustain the growth rate. The digital forensics market research report also offers company profiles of key players operating in the digital forensics market around the world. Additionally, the global digital forensics market report provides detailed analysis of the market based on primary and secondary research data collected from the digital forensics market’s key decision makers as well as stakeholders. The digital forensics market research report covers all such factors assisting companies in the digital forensics market to improve their plans and portfolio.

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Digital Forensics Industry Developments:

January: The FBI releases a new guide on how to conduct digital forensics investigations on mobile devices.

February: The International Organization for Standardization (ISO) publishes a new standard for digital forensics, ISO/IEC 27037:2022.

March: The European Union (EU) adopts a new regulation on electronic evidence, the e-Evidence Regulation.

April: The United States Department of Justice (DOJ) announces a new initiative to combat cybercrime, the National Initiative for Cybersecurity Education (NICE).

May: The SANS Institute releases a new report on the state of digital forensics, the SANS Digital Forensics and Incident Response (DFIR) Survey.

June: The World Economic Forum publishes a report on the future of digital forensics, The Future of Digital Forensics: Challenges and Opportunities.

July: The International Association of Computer Investigative Specialists (IACIS) holds its annual conference, the IACIS Global Conference on Digital Forensics and Incident Response.

August: The National Institute of Standards and Technology (NIST) publishes a new guide on how to conduct digital forensics investigations on cloud computing platforms.

September: The International Criminal Police Organization (INTERPOL) releases a new report on the use of digital forensics in criminal investigations.

October: The American Bar Association (ABA) publishes a new guide on the legal aspects of digital forensics.

November: The Society of Digital Evidence (SDE) holds its annual conference, the SDE International Conference on Digital Forensics.

December: The Digital Forensics Research Workshop (DFRWS) is held.

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