Digital Forensics Market Size, Share, Growth, Global Trends, Industry Analysis and Forecast to 2027Price: 3200/- USD | Published Date: October 13, 2020 |
The global digital forensics market size is projected to grow at the CAGR of 10.04% market during the forecast period 2020-2027. The entire globe is dependent on digital services and this space is continuously evolving. For over a decade, personal computers are being surpassed by mobile devices. Cyber espionages such as money laundering, phishing, and bank frauds, are increasing across the regions, digital forensics has become a relatively essential tool for criminal investigations. Digital forensic tools are used for identification, preservation, justification, examination, and preservation of digital evidence for the purpose of the post-attack examination.
Increasing demand for digital forensics investigation and rising cybercrimes are the key growth factors in the digital forensics market. In 2019, computer forensics held the largest market in the type segment chiefly due to increasing organizational spending on computer forensics to secure critical and sensitive data. Digital investigation and consulting services held the largest market in the services segment, the growth is primarily attributed due to factors like the investigation of the root cause in every cyber-attack along with the full extent of the breach and analyzing the depth of infiltration in the system. The digital forensics market is currently dominated by North America due to the increasing number of forensic cases, increasing demand from the defense sector, banking sector, and law enforcement agencies. On the other hand, Asia Pacific is anticipated as the fastest growing market because of deep market penetration due to the presence of multiple players involved in digital forensic investigation, increasing prevalence of cybercrimes, and increased organizational spending to promote forensic science.
Market Segment Insights:
The digital forensics market is majorly segmented into types such as computer forensics, network forensics, cloud forensics, mobile device forensics, database forensics, and others. The computer forensics held the largest market in the types of segment chiefly due to factors like increased organizational spending to save critical and sensitive data. The services segment consists of digital investigation and consulting, system integration, incident response, training and education, and support and maintenance. Digital investigation and consulting held the largest market in the services segment primarily due to factors such as rising cyber espionage and cybercrimes which causes financial loss, business disruption, customer litigation exposure, and significant public-relations damage.
Global Digital Forensics Market Segmentation:
By Type, 2018–2027 ($ Million)
- Computer Forensics
- Network Forensics
- Cloud Forensics
- Mobile Device Forensics
- Database Forensics
By Service, 2018–2027 ($ Million)
- Digital Investigation and Consulting Services
- Incident Response
- System Integrators
- Training and Certification
- Support and Maintenance
By Geography, 2018-2027 ($ Million)
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
North America, Latin America, Europe, Middle East & Africa, and Asia Pacific, markets together form the major regional markets for the digital forensics market. These regional markets are further sub-segmented into country-specific markets on the basis of demand and market growth. Among the considered regional markets, North America currently dominates the global digital forensics market, with the United States being the largest county-level market due to factors such as an increase in the number of digital forensics investigation cases and rising cases of cybercrimes. On the other hand, Asia Pacific is anticipated to be the fastest-growing market due to the rise in cyber espionage, deep market penetration due to the presence of multiple players involved in the digital forensic market, and lapse in cybersecurity.
Market Competition Assessment:
Key players in the global digital forensics market are: Access Data Group LLC, Cellebrite Mobile Synchronization Ltd., Digital Detective Group, FireEye Inc., Guidance Software Inc., LogRhythm, Inc., MSAB. Nuix Pty. Ltd., Oxygen Forensic, Paraben Corporation.
List of Key Companies:
- Access Data Group LLC.
- Cellebrite Mobile Synchronization Ltd.
- Digital Detective Group
- FireEye Inc.
- Guidance Software Inc.
- LogRhythm, Inc.
- Nuix Pty. Ltd
- Oxygen Forensic
- Paraben Corporation
Key Questions Answered by Digital Forensics Market Report
- Global digital forensics market forecasts from 2020-2027
- Regional digital forensics market forecasts from 2020-2027 covering Asia-Pacific, North America, Europe, Middle East, and Africa, and Latin America
- Country-level forecasts from 2020-2027 covering 15 major countries from the aforementioned regions
- Digital Forensics submarket forecasts from 2020-2027 covering the market by type, by services, and gepgraphy
- Various industry models such as SWOT analysis, Pestle Analysis, Porter’s Five Force model, Value Chain Analysis pertaining to the digital forensics market
- Analysis of the key factors driving and restraining the growth of the global, regional, and country-level digital forensics markets from 2020-2027
- Competitive Landscape and market positioning of top 10 players operating in the digital forensics market
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Table of Content:
Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
Chapter 2 Executive Summary
2.1 Global Digital Forensics Market Portraiture
2.2 Global Digital Forensics Market, by Type, 2019 ($ Million)
2.3 Global Digital Forensics Market, by Service, 2019 ($ Million)
2.4 Global Digital Forensics Market, by Geography, 2019 (Value %)
Chapter 3 Global Digital Forensics Market Overview
3.2 Market Drivers
3.2.1 Rising cases of cybercrime have generated demand for digital forensics
3.2.2 Cloud computing forensics is one of the most potential and emerging branch of digital forensics
3.3 Market Restraints
3.3.1 Requirement of constant up-gradation
3.3.2 High level of encryption in new devices is creating challenges for digital forensic experts
3.4 Market Opportunities
3.4.1 Insider attack cases are mounting in private and government organizations and institutions
3.5 Attractive Investment Proposition
3.6 Market Competition Assessment: Digital Forensics, by Key Players
Chapter 4 Global Digital Forensics Market, By Type, 2018-2027 ($ Million)
4.2 Computer Forensics
4.3 Network Forensics
4.4 Mobile Devices Forensics
4.5 Cloud Forensics
4.6 Database Forensics
Chapter 5 Global Digital Forensics Market, By Service, 2018-2027 ($ Million)
5.1 Market Analysis
5.2 Digital Investigation and Consulting Services
5.3 Incident Response
5.4 System Integrators
5.5 Training and Certification
5.6 Support and Maintenance
Chapter 6 Global Digital Forensics Market, by Geography, 2018-2027 ($ Million)
6.1. North America
6.2.3. Rest of Europe
6.3. Asia Pacific
6.3.3. Rest of Asia Pacific
6.4. Latin America
6.4.3. Rest of Latin America
6.5. Middle East and Africa
6.5.2. Rest of Middle East and Africa
Chapter 7 Company Profiles
7.1. Access Data Group LLC.
7.2. Cellebrite Mobile Synchronization Ltd.
7.3. Digital Detective Group
7.4. FireEye Inc.
7.5. Guidance Software Inc.
7.6. LogRhythm, Inc.
7.8. Nuix Pty. Ltd
7.9. Oxygen Forensic
7.10. Paraben Corporation
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