North America Digital Forensics Market Size, Share & Trends Analysis Report By Component, By Deployment Mode (Cloud and On-Premise), By Type, By Industry, By Country and Growth Forecast, 2024 - 2031
The North America Digital Forensics Market would witness market growth of 14.1% CAGR during the forecast period (2024-2031).
The US market dominated the North America Digital Forensics Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $7,399.1 million by 2031. The Canada market is experiencing a CAGR of 16.6% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 15.6% during (2024 - 2031).
The digital forensics market has grown substantially over the past decade, driven by the increasing complexity and frequency of cybercrimes and the escalating need for robust cybersecurity measures. Digital forensics is forensic science's subfield with specific focus on the recovery and investigation of information that is discovered in digital devices. This information is typically related to computer crimes. When it comes to the collection, preservation, analysis, and presentation of digital evidence, this market encompasses a wide variety of tools, software, and services that are designed to simplify the process. The significance of digital forensics continues to grow, making it a critical component of modern cybersecurity strategies.
One of the primary drivers of the digital forensics market is the rising incidence of cybercrimes. Cyber threats, including data breaches, hacking, and identity theft, have become more sophisticated and prevalent, affecting individuals, businesses, and governments worldwide. These crimes result in financial losses, compromise sensitive information, damage reputations, and disrupt operations. In light of this, there is an increasing need for digital forensics solutions that can effectively investigate and mitigate these threats. The demand for digital forensics has been further exacerbated by the widespread adoption of digital devices and the Internet of Things (IoT).
The Mexican government is undergoing modernization initiatives to improve its digital infrastructure and cybersecurity posture. This includes investments in digital forensics tools and training for law enforcement agencies. Mexico has experienced a significant rise in cybercrime recently. Mexico was fifty-second in the most recent Global Cybersecurity Index produced by the International Telecommunications Union index (2020). This necessitates the development of digital forensics capabilities to address these threats. Hence, as cyber threats evolve and escalate, the digital forensics market is expected to expand further to meet the growing demand from government and defense customers.
Based on Component, the market is segmented into Hardware (Forensic Systems, Forensic Devices and Others), Software, and Services (Professional Services and Managed Services). Based on Deployment Mode, the market is segmented into Cloud and On-Premise. Based on Type, the market is segmented into Computer Forensics, Network Forensics, Mobile Device Forensics, and Cloud Forensics. Based on Industry, the market is segmented into Government, BFSI, Telecom & IT, Retail, Healthcare, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Coalfire Systems, Inc. (Apax Partners LLP)
- Open Text Corporation
- LogRhythm, Inc.
- Exterro, Inc. (Leeds Equity Partners, LLC)
- Cellebrite DI Ltd.
- Micro Systemation AB (MSAB)
- Oxygen Forensics, Inc.
- Nuix Limited
- ADF Solutions, Inc.
- Magnet Forensics Inc.
By Component
- Hardware
- Forensic Systems
- Forensic Devices
- Others
- Software
- Services
- Professional Services
- Managed Services
- Cloud
- On-Premise
- Computer Forensics
- Network Forensics
- Mobile Device Forensics
- Cloud Forensics
- Government
- BFSI
- Telecom & IT
- Retail
- Healthcare
- Others
- US
- Canada
- Mexico
- Rest of North America
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Digital Forensics Market, by Component
- 1.4.2 North America Digital Forensics Market, by Deployment Mode
- 1.4.3 North America Digital Forensics Market, by Type
- 1.4.4 North America Digital Forensics Market, by Industry
- 1.4.5 North America Digital Forensics Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- 3.3 Porter Five Forces Analysis
- Chapter 4. Recent Strategies Deployed in Digital Forensics Market
- Chapter 5. North America Digital Forensics Market by Component
- 5.1 North America Hardware Market by Region
- 5.2 North America Digital Forensics Market by Hardware Type
- 5.2.1 North America Forensic Systems Market by Country
- 5.2.2 North America Forensic Devices Market by Country
- 5.2.3 North America Others Market by Country
- 5.3 North America Software Market by Region
- 5.4 North America Services Market by Region
- 5.5 North America Digital Forensics Market by Services Type
- 5.5.1 North America Professional Services Market by Country
- 5.5.2 North America Managed Services Market by Country
- Chapter 6. North America Digital Forensics Market by Deployment Mode
- 6.1 North America Cloud Market by Country
- 6.2 North America On-Premise Market by Country
- Chapter 7. North America Digital Forensics Market by Type
- 7.1 North America Computer Forensics Market by Country
- 7.2 North America Network Forensics Market by Country
- 7.3 North America Mobile Device Forensics Market by Country
- 7.4 North America Cloud Forensics Market by Country
- Chapter 8. North America Digital Forensics Market by Industry
- 8.1 North America Government Market by Country
- 8.2 North America BFSI Market by Country
- 8.3 North America Telecom & IT Market by Country
- 8.4 North America Retail Market by Country
- 8.5 North America Healthcare Market by Country
- 8.6 North America Others Market by Country
- Chapter 9. North America Digital Forensics Market by Country
- 9.1 US Digital Forensics Market
- 9.1.1 US Digital Forensics Market by Component
- 9.1.1.1 US Digital Forensics Market by Hardware Type
- 9.1.1.2 US Digital Forensics Market by Services Type
- 9.1.2 US Digital Forensics Market by Deployment Mode
- 9.1.3 US Digital Forensics Market by Type
- 9.1.4 US Digital Forensics Market by Industry
- 9.2 Canada Digital Forensics Market
- 9.2.1 Canada Digital Forensics Market by Component
- 9.2.1.1 Canada Digital Forensics Market by Hardware Type
- 9.2.1.2 Canada Digital Forensics Market by Services Type
- 9.2.2 Canada Digital Forensics Market by Deployment Mode
- 9.2.3 Canada Digital Forensics Market by Type
- 9.2.4 Canada Digital Forensics Market by Industry
- 9.3 Mexico Digital Forensics Market
- 9.3.1 Mexico Digital Forensics Market by Component
- 9.3.1.1 Mexico Digital Forensics Market by Hardware Type
- 9.3.1.2 Mexico Digital Forensics Market by Services Type
- 9.3.2 Mexico Digital Forensics Market by Deployment Mode
- 9.3.3 Mexico Digital Forensics Market by Type
- 9.3.4 Mexico Digital Forensics Market by Industry
- 9.4 Rest of North America Digital Forensics Market
- 9.4.1 Rest of North America Digital Forensics Market by Component
- 9.4.1.1 Rest of North America Digital Forensics Market by Hardware Type
- 9.4.1.2 Rest of North America Digital Forensics Market by Services Type
- 9.4.2 Rest of North America Digital Forensics Market by Deployment Mode
- 9.4.3 Rest of North America Digital Forensics Market by Type
- 9.4.4 Rest of North America Digital Forensics Market by Industry
- Chapter 10. Company Profiles
- 10.1 Micro Systemation AB (MSAB)
- 10.1.1 Company Overview
- 10.1.2 Financial Analysis
- 10.1.3 Segmental Analysis
- 10.1.4 Recent strategies and developments:
- 10.1.4.1 Partnerships, Collaborations, and Agreements:
- 10.1.4.2 Product Launches and Product Expansions:
- 10.1.5 SWOT Analysis
- 10.2 Oxygen Forensics, Inc.
- 10.2.1 Company Overview
- 10.2.2 Recent strategies and developments:
- 10.2.2.1 Partnerships, Collaborations, and Agreements:
- 10.2.2.2 Product Launches and Product Expansions:
- 10.2.3 SWOT Analysis
- 10.3 Nuix Limited
- 10.3.1 Company Overview
- 10.3.2 SWOT Analysis
- 10.4 ADF Solutions, Inc.
- 10.4.1 Company Overview
- 10.4.2 SWOT Analysis
- 10.5 LogRhythm, Inc.
- 10.5.1 Company Overview
- 10.5.2 SWOT Analysis
- 10.6 Coalfire Systems, Inc. (Apax Partners LLP)
- 10.6.1 Company Overview
- 10.7 Open Text Corporation
- 10.7.1 Company Overview
- 10.7.2 Financial Analysis
- 10.7.3 Segmental and Regional Analysis
- 10.7.4 Research & Development Expenses
- 10.7.5 Recent strategies and developments:
- 10.7.5.1 Product Launches and Product Expansions:
- 10.7.6 SWOT Analysis
- 10.8 Exterro, Inc. (Leeds Equity Partners, LLC)
- 10.8.1 Company Overview
- 10.8.2 Recent strategies and developments:
- 10.8.2.1 Partnerships, Collaborations, and Agreements:
- 10.8.2.2 Product Launches and Product Expansions:
- 10.8.2.3 Acquisition and Mergers:
- 10.9 Cellebrite DI Ltd.
- 10.9.1 Company Overview
- 10.9.2 Financial Analysis
- 10.9.3 Regional Analysis
- 10.9.4 Research & Development Expenses
- 10.9.5 Recent strategies and developments:
- 10.9.5.1 Partnerships, Collaborations, and Agreements:
- 10.9.5.2 Acquisition and Mergers:
- 10.10. Magnet Forensics Inc.
- 10.10.1 Company Overview
- 10.10.2 Recent strategies and developments:
- 10.10.2.1 Partnerships, Collaborations, and Agreements:
- 10.10.3 SWOT Analysis
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