The report tracks the major market events including product launches, technological developments, mergers & acquisitions, and the innovative business strategies opted by key market players. Along with strategically analyzing the key micro markets, the report also focuses on industry-specific drivers, restraints, opportunities and challenges in the digital forensics market. The scope of this report covers the digital forensics market by its major segments, which include the types, applications, and the major geographic regions.
Digital forensic comprises of integration of computer science with laws that are required for investigating crime. This involves whole recovery process and then data interpretation present in digital devices to be shown in law courts that mainly involves cybercrime.
Being an essential component of financial investigations, forensic technology contains contentious as well as non-contentious and fraud-associated litigation. Experts of forensic technology use several forensic techniques and tools for gathering evidences to make strong case against criminals.
KEY PREMIUM INDUSTRY INSIGHTS
- As cybercrimes are causing unprecedented harm with the usage of simple cloud services or IT tools. Sometimes, they leak important customer information or essential business documents by hacking individual’s personal files that is leading to functional disruption. This needs investigation based on investigation for recovery of information thereby boosting the global market for digital forensics.
- Moreover, the escalating trend in usage of Internet of Things technology and cloud based solutions is driving the market growth of digital forensics. The usage of several channels directing the market growth of highly sophisticated crime of IT applications has boosted the growth of global digital forensics market.
- However, growing usage of mobile devices along with their increasing complexities is hampering the growth of digital forensics market. The reason behind this due to information retrieval from different devices is actually a herculean task.
Regionally, the global market for digital forensics is segmented into Asia Pacific, Latin America, Europe, North America, and Middle East & Africa. Among these, North America region followed by Europe is supposed to be major growing region in the global market for digital forensics.
On the other hand, Asia Pacific region will witness considerable revenue growth in the global digital forensics market. The escalating trend in usage of IoT technology and cloud based solutions is driving the market growth in these regions.
Additionally, rising growth of well-planned cybercrimes and malware that risk confidentiality of important intelligence data in various countries is also boosting the market growth of digital forensics.
KEY MARKET PLAYERS
Key players in the digital forensics market include:
- Guidance Software Inc.
- AccessData Group LLC
- LogRhythm, Inc.
- FireEye Inc.
- Micro Systemation AB
- Paraben Corporation
- Binary Intelligence LLC
- IBM Corporation
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