The first class Digital Forensics Market report has been crafted after a thorough study of various key market segments like market size, latest trends, market threats & key drivers driving the market. This market report recognizes and analyses the emerging trends along with major drivers, challenges and opportunities in the market. In addition, it recognizes and analyses the emerging trends along with major driving factors, challenges and opportunities in the market for Semiconductors and Electronics industry. It also performs the analysis of the global market share, segmentation, revenue growth estimation and geographic regions of the market. An influential Digital Forensics Market report utilizes excellent research methodology which focuses on market share analysis and key trend analysis.
Moreover, market analysis in the credible Digital Forensics Market report consists of competitive study, production information analysis, applications, and region-wise analysis, competitor landscape, consumption and revenue study, cost structure analysis, price evaluation and revenue analysis till 2028. A data triangulation method has been utilized for this purpose which has plentiful components such as data mining, analysis of data variable effect on the market, and primary or industry expert validation. Market analysis covered here suits the requirements of small, medium as well as large size of businesses. Large sample sizes have been exploited for the collection of data and info in the wide ranging Digital Forensics Market report
Global Digital Forensics Market was valued at USD 6.70 billion in 2021 and is expected to reach USD 17.08 billion by 2029, registering a CAGR of 12.40% during the forecast period of 2022-2029. Computer Forensics accounts for the largest software segment in the respective market owing to the increase in the popularity among various government agencies and regulators. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
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Market Definition:
Digital forensics refers to a branch of forensic science that focuses on identifying, acquiring, processing, analysing, and reporting data stored electronically. Electronic evidence is a component of almost all criminal activities, and digital forensics support is crucial for law enforcement investigations. Digital forensics involves collecting electronic evidence from various sources, such as computers, smartphones, remote storage, unmanned aerial systems, and shipborne equipment. The methodology generally followed includes extraction of data from the electronic evidence, processing it into actionable intelligence, and presenting the prosecution findings.
Some of the major players operating in digital forensics market are
- Cellebrite (Israel)
- MSAB (Sweden)
- Oxygen Forensics (US)
- Digital Forensics Corporation (US)
- Digital Detective Group Limited (UK)
- Barracuda Networks, Inc. (US)
- Open Text Corporation (Canada)
- LogRhythm, Inc. (US)
- Kroll, LLC (US)
- Magnet Forensics (Canada)
- NUIX (Australia)
- CY4OR Legal Limited (UK)
- Flatworld Solutions Pvt. Ltd. (India)
- Fire Eye, Inc. (US)
- Coalfire (US)
- Paraben Corporation (US)
- iDiscovery Solutions, Inc. (UK)
- PT&C Forensic Consulting Services P.A. (US)
- Grayshift (US)
- LIFARS (US)
- Passware (Estonia)
- Cado Security (UK)
- TCS Forensics (Canada)
- PwC (UK)
- Exterro, Inc (US)
- IBM (US)
- ADF Digital Forensics (US)
- Binary Intelligence, LLC (US)
- KLDiscovery (US)
- Optiv Security Inc. (US)
Recent Developments
- LogRhythm acquired MistNet with the aim of enhancing SIEM (security information and event management) with cloud-based analytics, threat detection and network visibility in January’2021. The acquisition enables users to deliver machine-learning-based detection and response capabilities.
- Paraben launched E3 Forensic Platform with the 2.7 version in October’2020. The 2.7 version adds Support for Slack with cloud acquisitions, iOS 14 support for acquisition and analysis, ExFAT file system support and analysis, and Android 11 support for acquisition and analysis.
Global Digital Forensics Market Size
The digital forensics market is segmented on the basis of component, type, application, industry, mode of purchase and distribution channel. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Component:
- Hardware
- Software and Tools
- Services
Type:
- Computer Forensics
- Mobile Device Forensics
- Network Forensics
- Database Forensics
- Malware Forensics
- Email Forensics
- Automotive Forensics
- Drone Forensics
- Others
Application:
- Fraud Investigations
- Intellectual Property Theft
- Industrial Espionage
- Forgery-Related Matters
- Bankruptcy Investigations
- Issues Concern with the Regulatory Compliance
- Employment Disputes
- Inappropriate use of the Internet
- Email in the Workplace
Industry:
- Government and Defense
- Banking, Financial Services, and Insurance
- Telecom and IT
- Retail
- Transportation and Logistics
- Law Firms
- Healthcare
- Media and Entertainment
- Others
Mode of Purchase:
- Group Purchase
- Individual
Distribution Channel:
- Third Party Distributor
- Retail Sales
- Online Sales
- Others
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