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New study: At 16.6 % CAGR network forensics market potentially worth $ 2.69 billion by 2021

IT Market Research

Study papers on Network Forensics market and regional forecast. Network Forensics market players are IBM Corporation (New York, U.S.), Cisco Systems (California, U.S.), FireEye (California, U.S.), Symantec Corporation (California, U.S.), NETSCOUT Systems (Massachusetts, U.S.), EMC RSA (Massachusetts, U.S.), Viavi Solutions (California, U.S.), LogRhythm (Colorado, U.S.), NIKSUN (New Jersey, U.S.), and Savvius (California, U.S.).

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Network forensics market size is expected to grow from USD 1.25 billion in 2016 to USD 2.69 billion by 2021, at a Compound Annual Growth Rate (CAGR) of 16.6%. The network forensics market is driven by factors, such as increased need to secure networks from advanced attacks, including ransomware, Distributed Denial of Service (DDoS), and Advanced Persistent Threats (APTs);increased sophistication in attacking/hacking techniques; and need of government regulations and regulatory compliances.

However, lack of skilled network forensics investigators may restrict the network forensics market growth.

Target Audience

  • Government agencies
  • Network forensics vendors
  • Network solution providers
  • Independent software vendors
  • Consulting firms
  • System integrators
  • Value-added resellers
  • Managed Security Service Providers (MSSPs)

Asia-Pacific (APAC) includes emerging economies, such as China, Australia, Singapore, and India, which are rapidly deploying network forensics solutions.

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APAC is expected to grow at the highest CAGR during the forecast period. This is mainly due to the increasing adoption of Internet of Things (IoT) and Bring Your Own Device (BYOD) trends in various verticals, such as Banking, Financial Services, and Insurance (BFSI),government, IT& telecom, manufacturing, healthcare, and retail.

Furthermore, North America is expected to have the largest market size in 2016.

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Organizations are continuously deploying managed services to support network security solutions for securing their networks and endpoints. Thus, the managed services segment is expected to grow at the highest CAGR during the forecast period.

However, the professional services segment is projected to have the largest market size in 2016.

Data center security segment is expected to grow at the highest CAGR during the forecast period

The data center security segment is estimated to grow at the highest CAGR during the forecast period, as the organizations have increased their spending on network security solution for data security. Furthermore, network security is projected to have the largest market share in 2016, as more and more companies are adopting network forensics solutions to secure their network resources.

Network Forensics Market Analysis, By Solution

1 Introduction
2 Intrusion Detection System (IDS)/Intrusion Prevention System (IPS)
3 Security Information and Event Management (SIEM)
4 Threat Intelligence
5 Packet Capture Analysis
6 Analytics
7 Log Management
8 Firewall

Get “Network Forensics Market” Report is now available at…ount?rname=936551

The report covers the network forensics solutions and associated services across different verticals and regions. It aims at estimating the market size and future growth potential of this market across different segments, such as solutions, services, application areas, deployment modes, organization size, verticals, and regions.

Furthermore, the report also includes an in-depth competitive analysis of the key players in the market along with their company profiles, SWOT analysis, recent developments, and key market strategies.

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