New York, NY, May 13, 2019 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Digital Forensics Market by Component (Hardware, Software, and Services), by Type (Computer Forensics, Network Forensics, Mobile Device Forensics, and Cloud Forensics), by Tool (Forensics Data Analysis, Data Recovery, Review and Reporting, Forensic Decryption, and Others), and by Vertical (Government and Defense, Banking, Financial Services, and Insurance (BFSI), Telecom and IT, Transportation and Logistics, Retail, Healthcare, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2027”. According to the report, the global digital forensics market was USD 4,525 million in 2018 and is expected to generate USD 14,215 million by 2027, at a CAGR of 13.5% between 2019 and 2027.
Interpreting and investigating electronic data refers to the process of digital forensics. The eventual aim of digital forensics is to inspect digital media in directive to investigate and recover the information found on digital media. The information is generally used in both criminal law and private investigation. The digital forensic investigation essentially comprises acquisition of parades, analysis of the data recovered, and broadcasting of the investigation performed. The process of digital forensics includes incorporating computer science with laws that are required to scrutinize crime. It includes the comprehensive recovery and elucidation of data extant in digital devices to be obtainable in a court of law and typically encompasses cybercrime. Investigation in digital forensics is conducted in three stages—investigation, exhibit acquisition, and analysis along with crime reporting. For financial investigations, which includes non-contentious, contentious, and fraud-related lawsuit, forensic technology has become a significant component.
Browse through 71 Tables & 33 Figures spread over 190 Pages and in-depth TOC on “Global Digital Forensics Market Size & Share 2018 Analysis Report: By Industry Type, Components, Applications, Key Segments and Forecast, 2027”.
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The component segment of the global digital forensics market includes hardware (forensic systems, forensic devices, forensic write blockers, and others), software, and services (professional services and managed services). The professional service segment includes incident response, digital investigation and consulting, training and education, system integration, support, and maintenance. The services segment held the largest share of the global market in 2018. The managed services segment is foreseeable to register the highest CAGR over the forecast time period, as managed safety vendors deliver extensive reporting proficiencies for authenticating the governing obedience with inside security strategies for the users.
Based on type, the digital forensics market includes network forensics, computer forensics, mobile device forensics, and cloud forensics. Computer forensics accounted for the largest market share of the global market in 2018, as technological advancements have escalated the superiority of attacks on digital devices like laptops and computers. In terms of growth, cloud forensics is anticipated to register a high rate in the future. By tool, the digital forensics market includes data recovery, forensic data analysis, review and reporting, forensic decryption, and others (registry analysis tools, file viewers, email analysis tools, etc.). In terms of market share, the forensic data analysis segment accounted for the highest share in the global market in 2018.
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By vertical, the market includes banking, financial services, and insurance (BFSI), transportation and logistics, government and defense, telecom and IT, retail, healthcare, and others (media and entertainment, education, energy, and utilities, etc.). The government and defense segment accounted for the largest share of the global market in 2018.
By geography, North America held the largest share, more than 50%, of the global digital forensics market in 2018 and is expected to remain dominant over the forecast time period as well. This can be attributed to the growing acceptance of digital forensics in a variety of industries and well-established healthcare infrastructure across the region, the existence of major companies offering digital forensics services across the region. North America observes great demand from consumers, which comprise both public and private sector consumers. Moreover, organizations are hugely investing in progressive technologies to improve their businesses.
Browse the full “Digital Forensics Market by Component (Hardware, Software, and Services), by Type (Computer Forensics, Network Forensics, Mobile Device Forensics, and Cloud Forensics), by Tool (Forensics Data Analysis, Data Recovery, Review and Reporting, Forensic Decryption, and Others), and by Vertical (Government and Defense, Banking, Financial Services, and Insurance (BFSI), Telecom and IT, Transportation and Logistics, Retail, Healthcare, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2027” Report at https://www.zionmarketresearch.com/report/digital-forensics-market
Europe accounted for the second highest share of the global digital forensics market in 2018 and is anticipated to grow at a noteworthy rate in the future. The easy obtainability of innovative forensic tools, well-established healthcare infrastructure, and high awareness about digital forensics are some key factors contributing toward the European digital forensics market expansion.
Asia Pacific is expected to register the highest CAGR in the years ahead in the digital forensics market globally, owing to the extensive adoption of digital forensics across numerous verticals, such as BFSI, government and defense, and IT and telecom. Moreover, rapid progress witnessed in the Asia Pacific region is susceptible to intimidations from other nations and cybercriminals. To counter these threats, the demand for digital forensic products and services is expected to grow significantly in the future.
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The Middle East and Africa and Latin America are likely to hold the least shares in the global digital forensics market in the years ahead, due to low awareness about advanced tools. However, growing support to enhance digital forensics in these regions is expected to drive market growth in the future.
Some major players of the global digital forensics market Guidance Software, CISCO, Digital Detective, Oxygen Forensics, Micro Systemation, OpenText, LogRhythm, Paraben, AccessData, Magnet Forensics, Coalfire, Cellebrite, and FireEye.
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This report segments the global digital forensics market into:
Global Digital Forensics Market: Component Analysis
- 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
- Professional Services
Global Digital Forensics Market: Type Analysis
- Computer Forensics
- Network Forensics
- Mobile Device Forensics
- Cloud Forensics
Global Digital Forensics Market: Tool Analysis
- Forensics Data Analysis
- Data Recovery
- Review and Reporting
- Forensic Decryption
- Others (File Viewers, Registry Analysis Tools, Email Analysis Tools, Etc.)
Global Digital Forensics Market: Vertical Analysis
- Government and Defense
- Banking, Financial Services, and Insurance (BFSI)
- Telecom and IT
- Transportation and Logistics
- Retail
- Healthcare
- Others (Media & Entertainment, Education, Energy, and Utilities, Etc.)
Global Digital Forensics Market: Regional Analysis
-
- The U.S.
- Europe
- UK
- France
- Germany
- Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- The Middle East and Africa
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