Global Digital Forensic Market - Size
Base Year For Estimation
2023
Forecast Data Period
2024-2030
Historical Data Period
2018-2021
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
Digital forensic involves computer science required for the evaluating investigation of crime. This mostly involves cyber-attacks in various digital devices. The global digital forensic market size was valued at $4.81 billion in 2017 and is estimated to reach $15.79 billion by 2025 with the CAGR of 16.01% during 2019-2025. The market has largely influenced by increasing cyberattacks on enterprises devices, high adoption of IOT devices, implementing stringent regulations, vast development in global economy, rising demand of forensic tools and possible tracing of hacking activities by forensic agencies. Whereas, a major drawback from encryption, emerging of anti-forensic techniques coupled with legal challenges, the risk of viruses & malwares, lack of digital forensic preplanning among enterprises, limited technical advertise among digital investigators and difficulties in the digital forensic investigation on the cloud environment has restrained the growth. Furthermore, higher adoption of digital forensic among end users, rising cryptocurrency uses and expanding cloud networks and applications are future enhancement drivers.
Research Study Objectives:
- Define, estimate, and forecast the Digital Forensic Market statistics by type, tool, component, end users and regions concerning the individual growth drivers, market trends and their contribution toward the digital forensic market growth
- Provides comprehensive information regarding the key factors influencing the market growth (Drivers, Restraints & Challenges, and Opportunities)
- Estimate & forecast the market size of all the segments concerning geographies including North America, Europe, Asia Pacific (APAC), South America and the Middle East and Africa (MEA).
- Recent competitive developments including M&A (mergers and acquisitions), partnerships, and product innovations are provided in the digital forensic market analysis report.
- Analysis and conclusions on the future digital forensic market outlook.
Top-down and bottom-up approaches are used to validate the Digital Forensic Market Size and are used to estimate the size of other dependent submarkets. Key players in the market are
Global Digital Forensic Market - Growth
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
identified through various secondary sources; databases including Bloomberg Businessweek, Hoovers, Factiva, journals and associations and the market revenues are estimated and are thoroughly validated through primary and secondary research. Secondary research involves the study of annual and financial reports of top players in the market, whereas primary research includes extensive interviews with the KoL’s such as CEOs, directors, board members, VP’s, sales managers, engineers, marketing executives, technicians, account managers, investors, strategic decision makers and others. The digital forensic market shares and breakdowns are determined using secondary sources and are verified by the primary sources. All possible parameters/factors that are affecting the digital forensic market demand are covered in the research study are verified through primary research, analysed and interpreted to get the final qualitative and quantitative data. This data is collected and added with detailed analysis from Envision Inteligence and presented in this report.
The scope of the Report
The Digital Forensic Market segmentation is as follows:
By Type
- Computer Forensics
- Computer/Laptops
- Hard Drives/USB
- Others
- Network Forensics
- Network Equipment
- Virtual Network
- Servers
- Others
- Mobile Device Forensics
- Cell Site Analysis
- JTAG/Chip off Analysis
- Others
- Database Forensics
- Multimedia Forensics
By Tool
- Forensic Data Analysis
- Data Acquisition and Preservation
- Data Recovery
- Review and Reporting
- Forensic Decryption
- Others
By Component
- Hardware
- Forensic Systems
- Forensic Devices
- Forensic Write Blockers
- Others
- Software
- Services
- Professional Services
- Digital Investigation and Consulting
- Incident Response
- System Integration
- Training and Education
- Support and Maintenance
- Managed Services
By End Users
- Banking, Financial Services, And Insurance
- Telecommunications and IT
- Healthcare
- Government and Defense
- Retail
- Media & Entertainment
- Others
Geographical Analysis:
The digital forensic market is segmented by geography into North America, South America, Europe, Asia Pacific and Middle East & Africa. U.S., Canada, Mexico and Costa Rica are analysed under North American region which is usually turning as the hotspot in the market. The South American region is further segregated into Brazil, Argentina, Chile, Columbia and some other emerging economies. In Europe, the market is extensively examined by covering U.K., Germany, France, Italy, Spain, Netherlands, Poland, Switzerland and some other promising economies. The Asia
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Global Digital Forensic Market - Porter's Five Force Analysis
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
Pacific is further categorised by countries into China, India, Japan, South Korea, Australia & New Zealand, Malaysia, Singapore and many other emerging nations. In the Middle East & African region, Saudi Arabia, UAE, Iran, Iraq, Qatar, South Africa, Algeria, Morocco, Nigeria and so on countries are evaluated to understand the market growth lucidly.
Customization Options:
With the given research report, Envision Inteligence offers customisations as per the client’s specific requirements. The following customisation options offered for the Digital forensic market include:
- Scope Revision
- Geographic Analysis
- Company Profiles
- Historical Data & Forecasting
- Key Contact Persons in companies
Global Digital Forensic Market Research Report Includes:
- An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
- To have a complete market analysis through industry value chain analysis, Porter’s Five Force Model, PESTLE, SWOT analysis, and Y-o-Y analysis.
- Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
- Identifying DROC in the current market and their impact on altering market dynamics.
- Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
- Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
- Identify the latest developments, market shares and strategies that are employed by the significant digital forensic, such as
- MSAB, Inc.
- Oxygen Forensics, Inc.
- ADF Solutions, Inc.
- Digital Detective Group
- Magnet Forensics, Inc.
Along with these companies, many other companies are considered in the report while analysing the global digital forensic market competitive strategies and environment. These companies held substantial share-owning to the nature of the industry whereas, the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players also have considerable presence owing to its robust brand image, geographical reach and stable customer base.
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