Digital Forensics Market By Component (Software, Hardware) By Application (Criminal Investigations, Information Security, Corporate litigations).
GLOBAL DIGITAL FORENSICS MARKET was valued at USD 2.31 Billion in the year 2017. Global Digital Forensics Market is further estimated to grow at a CAGR of 10.5% from 2018 to reach USD 4.32 Billion by the year 2023.
North America region holds the highest market share in 2017 and Asia-Pacific market is considered as the fastest growing market in the forecasted period. At a country level, developed markets like the U.S.
as well the emerging markets like China with highest population base holds a notable market share in 2017 and it is projected to grow at a gradual pace in the coming years.
AccessData Group LLC (US), IBM Corporation (US), Guidance Software Inc. (US), Log Rhythm, Inc. (US), Cellebrite Ltd.
(Israel) are some of the key players in the Digital Forensics Market with IBM Corporation holding the significant market share because of its better global presence both at development and at an operational level. Rising research and development expenses to address the changing demand of end users.
Similarly, growth strategies such as acquisition, merger, and expansion of the distribution network were few techniques adopted by most of the top players in the last 5 years.
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Increasing digital crimes
Restrictions on Cloud Forensics
Increasing demand in the APAC region
Lack of knowledge & skills among officials
Segmentation done on the basis of Industry Sector includes Military and Defense, Healthcare and Life Sciences, Government Agencies and Law Enforcement, Legal and Professional of which the Government Agencies and Law Enforcement segment are expected to hold the highest market share during the forecast period.
The Military and Defense segment is also expected to grow at the highest CAGR of XXX during the year 2018-2023.
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Key Benefits for Stakeholders
Digital Forensics Manufacturers, Distributors and Retailers
Research and Consulting organization
Technology Standards Organizations, Forums, Alliances and Associations
Regulatory bodies, policy actors, and consumers.
By Industry Sector
Military and Defense
Healthcare and Life Sciences
Government Agencies and Law Enforcement
Legal and Professional
Key Market Players
AccessData Group LLC
Guidance Software Inc.
Oxygen Forensics, Inc.
Micro Systemation AB
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