Global Digital Forensics Market – Analysis By Type, Component, End User, By Region, By Country (2022 Edition): Market Insights and Forecast with Impact of COVID-19 (2023-2028)
Executive Summary
The Global Digital Forensics Market was valued at USD 5.5 billion in the year 2021. Digital Forensics Market is driven by the rising number of cyber crimes in various sectors due to the widespread use of smartphones, the Internet of Things (IoT) along with government regulations to protect cyber information. The rising urbanization, growing population, followed by replacement of ageing appliances and technological development are factors driving the Digital Forensics Market.
Digital forensics tools can fall into many different categories, including database forensics, disk and data capture, email analysis, file analysis, file viewers, internet analysis, mobile device analysis, network forensics, and registry analysis. As cybercrime increases, investigation tools continue to evolve and improve, offering organizations the ability to identify malicious actors and defend against attacks before serious damage can be done.
However, forensic tools are expensive and range from USD 2000 to USD100,000, which cannot be afforded by every organization. Thus, forensic investigators can focus on low initial pricing products and low-cost training to get them started with solving their forensic investigations. With the right digital forensic tools and techniques, the digital forensics budget can be maximised while eradicating cyber attacks.
Computer forensics holds a major share as more criminal and private law investigations use computer forensics to examine and retrieve data related to computer crime. Hardware tools are designed primarily for storage device investigations, and they aim to keep suspect devices unaltered to preserve the integrity of evidence. Further, Government and Defence hold the major share in Digital Forensics Market due to the wide adoption of Information technologies by administration and defence forces. Thus, a strong cyber security strategy helps protect citizens' personal data and government data and algorithms.
Scope of the Report
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