The report "Digital Forensics Market by Component (Hardware, Software, and Services), Type (Computer Forensics, Network Forensics, Mobile Device Forensics, and Cloud Forensics), Tool, Vertical, and Region - Global Forecast to 2022", The digital forensics market size is expected to grow from USD 4.62 Billion in 2017 to USD 9.68 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 15.9% during the forecast period. The demand for digital forensics is expected to be driven by stringent government regulations and the increasing instances of cyber-attacks on enterprises. Moreover, the massive use of Internet of Things (IoT) devices is expected to increase the demand for digital forensics software during the forecast period.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=230663168
The computer forensics segment is expected to
hold the largest market share during the forecast period
Advancements in
technologies have intensified the sophistication of attacks on digital devices,
such as computers and laptops. A majority of the business and personal
transactional activities are performed electronically, wherein deals are
performed over emails, and the confidential data is saved on personal address
books and hard drives. The identification, preservation, collection, analysis,
and reporting on evidence found on such devices are termed as computer
forensics. Computer forensics has received a fair deal of recognition and
attention from various government agencies and regulators.
The Banking, Financial Services, and
Insurance (BFSI) vertical is expected to grow at the fastest rate during the
forecast period
The BFSI vertical is subject to
cybercrimes and digital frauds. The use of sophisticated cyber-attacking tools
and the inability of cybersecurity solutions to detect attacking elements
result in huge financial losses for the BFSI vertical. Moreover, mobile banking
has also led to an increase in fraud incidents, wherein attackers have gained
access to customer information and data. The digital forensic providers help
the BFSI vertical by providing intelligent gathering mechanism, dedicated
forensic tools for investigation, and forensic investigation training to gather
digital evidence. Hence, this vertical is expected to grow at the fastest rate
as compared to that of the other verticals.
Request a Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=230663168
North
America is expected to contribute to the largest market share, whereas Asia
Pacific (APAC) is expected to grow at the fastest rate during the forecast
period
North
America is believed to be the foremost potential market, owing to the presence
of a large number of players offering digital forensics in this region. This
region is expected to hold the largest market size during the forecast period,
as this region observes high demand from customers, which include both private
and public sector customers. The public sector contracts are big-budgeted and
offered to the best digital forensic vendors. Furthermore, organizations have
made huge investments in advanced technologies to gain a competitive advantage
and improve business operations. The APAC region is estimated to be in its
initial growth phase; however, it is believed to be the fastest growing region
in the global digital forensics market. This high growth in the APAC region can
be attributed to the wide adoption of digital forensics in various verticals,
such as government and defense, BFSI, and telecom and IT. Furthermore, with the
rapid amount of progress in the APAC region, it is vulnerable to threats from
cybercriminals and rival nations. To counter these threat levels, the demand
for digital forensic products and services is expected to be proliferated at a
large scale.
The
major vendors providing digital forensics hardware, software, and services
include AccessData (US), OpenText (Canada), MSAB (Sweden), Oxygen Forensics
(US), Cellebrite (Israel), Paraben (US), Coalfire (US), ADF Solutions (US),
Digital Detective (US), Magnet Forensics (Canada), and LogRhythm (US).
About
MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth
niche opportunities/threats which will impact 70% to 80% of worldwide
companies’ revenues. Currently servicing 7500 customers worldwide including 80%
of global Fortune 1000 companies as clients. Almost 75,000 top officers across
eight industries worldwide approach MarketsandMarkets™ for their painpoints
around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking
global high growth markets following the "Growth Engagement Model –
GEM". The GEM aims at proactive collaboration with the clients to identify
new opportunities, identify most important customers, write "Attack, avoid
and defend" strategies, identify sources of incremental revenues for both
the company and its competitors. MarketsandMarkets™ now coming up with 1,500
MicroQuadrants (Positioning top players across leaders, emerging companies,
innovators, strategic players) annually in high growth emerging segments.
MarketsandMarkets™ is determined to benefit more than 10,000 companies this
year for their revenue planning and help them take their
innovations/disruptions early to the market by providing them research ahead of
the curve.
MarketsandMarkets’s flagship competitive intelligence and market research
platform, "Knowledge Store" connects over 200,000 markets and entire
value chains for deeper understanding of the unmet insights along with market
sizing and forecasts of niche markets.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
No comments:
Post a Comment