About Digital Forensics
Digital Forensics is forensic science, which includes identification, recovery, investigation, validation, and presentation of facts regarding digital evidence found on computers. Investigation in digital forensics is carried out in three stages which include exhibit acquisition, investigation, and analysis along with reporting of crime. This is a very big solution for security issues.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Billion) |
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Digital Forensics market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
IBM Corporation (United States), AccessData Group LLC (United States), FireEye Inc. (United States), Paraben Corporation (United States), CISCO (United States), Guidance Software Inc. (United States), LogRhythm Inc. (United States), Micro Systemation AB (Sweden), NUIX (Australia) and Binary Intelligence LLC (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Cellebrite (Israel), MSAB (MSAB) and Opentext (Canada).
Segmentation Overview
AMA Research has segmented the market of Global Digital Forensics market by Type (Hardware, Software and Services), Application (Computers, Laptops, Smartphones, Thumb Drives and External Hardware Drives) and Region.
On the basis of geography, the market of Digital Forensics has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Services, the sub-segment i.e. Computer Forensics will boost the Digital Forensics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increase Demand of Mobile Devices Forensics and Digital Image Forensics
Market Growth Drivers:
Increase in Trends of Iot and Cloud Based Solutions and Rise in Use of Multiple Channel
Challenges:
Encryption, data hiding in the storage space, covert channels the major technical challenges.
Restraints:
Rising Use of Mobile Devices and Their Growing Complexities Are Posing a Challenge to the Growth of This Market
Opportunities:
Strong Opportunity In This Field, Which Will Continue To Expand As New Types Of Digital Data Are Created By New Devices Logging People’s Activity Or Electronic Crime.
Market Leaders and their expansionary development strategies
In Nov 2018, Reversinglabs Announced Partnership With Politolnc, Revealed The Release Of Reversinglabs Plugin Extension For X-Ways To Enhance Its Digital Forensics.
In Apr 2019, DXC Technology Inaugurated a DXC Next Generation Security Operations Center (SOC) In Malaysia, To Providing Advanced Digital Forensic Services and In Nov 2018, Accessdata Group Announced the Launch of FTK 7.0 and AD Lab 7.0, A New Version Of Company’s Digital Forensic Software Solutions That Investigate to Analyse Mobile Application Data Faster.
Key Target Audience
Government and defense, Banking, Telecom and IT, Retail, Healthcare and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.