Digital Forensics Market, By Forensic Type (Computer forensics, Network forensics, Mobile device forensics, and Cloud forensics), By Component (Hardware, Software, and Services), by Tools (Data Acquisition and Preservation, Forensics Data Analysis, Data Recovery, Review and Reporting, Forensic Decryption, and Others), By Vertical (Government and Defense, Banking, Financial Services, and Insurance (BFSI), Telecom and IT, Retail, Healthcare, and Others), and by Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
Digital forensic is a branch of forensic science that focuses on the recovery and investigation of material found in digital devices related to cybercrime. Digital forensics is the scientific acquisition, analysis, and preservation of data contained in electronic media whose information can be used as evidence in a court of law. There are different types of digital forensics solutions that are used in enterprise application, which includes computer forensics, mobile devices forensics, network forensics, and cloud forensics. Digital forensics solutions help to improve visibility in the enterprise application, which enable them capability to rapidly address incidents, enact effective containment, and minimize technical issues.
Rapid advancement in the forensic technology is expected to drive growth of the digital forensics market. Companies offer several different features in digital forensic software including multi-case functionality such as tagging, searching, labelling, and bookmarking across multiple cases. Additionally, companies offer different specifications such as face and image detection, panels-driven interface, and customized interface. For instance, in September 2020, AccessData Group, a leading provider of integrated digital forensics and e-discovery software, announced the launch of V7.4, the latest version of the company’s digital forensics software solution that feature enhancements that make it possible for users to investigate all types of devices and data types regardless of what device they are stored on. For instance, in November 2017, AccessData Group announced the launch of its new versions suits of digital forensics solutions with new enhanced features that allows customers to gain greater control to their digital investigations.
Market Dynamics
The global digital forensics market is expected to grow significantly during the forecast period, owing to the growing focus on social media forensics. The advancement in Industry 4.0 and Web 2.0 technologies has significantly increased acceptance of social media platforms and it has become a primary source of socialization. Users actively share their information, create accounts, and engage in social interaction through these sites. Moreover, different social media applications such as LinkedIn, Instagram, Facebook, and Twitter have been exposed to multiple cyber threats and malware. Attacks on social media platforms can take place outside the system/network or within the network. Outside systems attack usually include DDoS (Distributed Denial-of-Service) or (DoS Denial-of-Service), while attacks within the network include retrieving cookies data. The database of these social media applications is most vulnerable to such attacks. Considering this situation, digital investigators have shifted their interest towards social media forensics.
Among vertical, government and defense segment is expected to exhibit the highest growth during the forecast period. Government and defense vertical is the most susceptible segment to cyber-attacks. Cyber-attacks in Government and defense sector are for political gains, terrorism, or for regional rivalry. For instance, according to Coherent Market Insights’ analysis, in 2015, the cyber-attacks in government and defense sector was around 7% of the global cyber-attacks in all sectors, which reached to 14% in 2017. Therefore, government agencies are more concerned about cyber security and data privacy. Thus, government and defense sector is adopting best-in-class digital forensics solutions and services, which is expected to aid in growth of the market.
Key features of the study:
This report provides in-depth analysis of global digital forensics market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by the leading market players
It profiles leading players in the global digital forensics market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, market capital, key developments, strategies, and future plans
Companies covered as a part of this study include AccessData Group, Inc., Guidance Software, Inc./OpenText Corp., Oxygen Forensics, Paraben Corporation, Cellmark Forensic Services, Binary Intelligence, LLC, FireEye, Nuix Pty Ltd., IBM Corporation, LogRhythm, Inc., Magnet Forensics Inc., and Cisco Systems, Inc.
Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, product upgrades, market expansion, and marketing tactics
The global digital forensics market report caters to various stakeholders in this industry including investors, suppliers, managed service providers, third-party service providers, distributors, new entrants, and value-added resellers
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global digital forensics market
Detailed Segmentation
Global Digital Forensics Market, By Forensic Type:
Computer Forensics
Network Forensics
Mobile Device Forensics
Cloud Forensics
Global Digital Forensics Market, By Component:
Hardware
Software
Services
Global Digital Forensics Market, By Tools:
Data Acquisition and Preservation
Forensics Data Analysis
Data Recovery
Review and Reporting
Forensic Decryption
Others
Global Digital Forensics Market, By Vertical:
Government and Defense
Banking, Financial Services, and Insurance (BFSI)
Telecom and IT
Retail
Healthcare
Others
Global Digital Forensics Market, By Region:
North America
By Forensic Type:
Computer Forensics
Network Forensics
Mobile Device Forensics
Cloud Forensics
By Component:
Hardware
Software
Services
By Tools:
Data Acquisition and Preservation
Forensics Data Analysis
Data Recovery
Review and Reporting
Forensic Decryption
Others
By Vertical:
Government and Defense
Banking, Financial Services, and Insurance (BFSI)
Telecom and IT
Retail
Healthcare
Others
By Country:
U.S.
Canada
Asia Pacific
By Forensic Type:
Computer Forensics
Network Forensics
Mobile Device Forensics
Cloud Forensics
By Component:
Hardware
Software
Services
By Tools:
Data Acquisition and Preservation
Forensics Data Analysis
Data Recovery
Review and Reporting
Forensic Decryption
Others
By Vertical:
Government and Defense
Banking, Financial Services, and Insurance (BFSI)
Telecom and IT
Retail
Healthcare
Others
By Country:
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Europe
By Forensic Type:
Computer Forensics
Network Forensics
Mobile Device Forensics
Cloud Forensics
By Component:
Hardware
Software
Services
By Tools:
Data Acquisition and Preservation
Forensics Data Analysis
Data Recovery
Review and Reporting
Forensic Decryption
Others
By Vertical:
Government and Defense
Banking, Financial Services, and Insurance (BFSI)
Telecom and IT
Retail
Healthcare
Others
By Country:
Germany
Italy
U.K.
France
Russia
Rest of Europe
Latin America
By Forensic Type:
Computer Forensics
Network Forensics
Mobile Device Forensics
Cloud Forensics
By Component:
Hardware
Software
Services
By Tools:
Data Acquisition and Preservation
Forensics Data Analysis
Data Recovery
Review and Reporting
Forensic Decryption
Others
By Vertical:
Government and Defense
Banking, Financial Services, and Insurance (BFSI)
Telecom and IT
Retail
Healthcare
Others
By Country:
Brazil
Mexico
Argentina
Rest of Latin America
Middle East and Africa
By Forensic Type:
Computer Forensics
Network Forensics
Mobile Device Forensics
Cloud Forensics
By Component:
Hardware
Software
Services
By Tools:
Data Acquisition and Preservation
Forensics Data Analysis
Data Recovery
Review and Reporting
Forensic Decryption
Others
By Vertical:
Government and Defense
Banking, Financial Services, and Insurance (BFSI)
Telecom and IT
Retail
Healthcare
Others
By Country/Region:
GCC Countries
South Africa
Rest of Middle East and Africa
Company Profiles
AccessData Group, Inc.*
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/ Updates
Guidance Software, Inc./OpenText Corp.
Oxygen Forensics
Paraben Corporation
Cellmark Forensic Services
Binary Intelligence, LLC
FireEye
Nuix Pty Ltd
IBM Corporation
LogRhythm, Inc.
Magnet Forensics Inc.
Cisco Systems, Inc.
“*” marked represents similar segmentation in other categories in the respective section.
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