Digital Forensics Market Size-By Tools (Data Acquisition & Preservation, Forensic Data Analysis, Forensic Data Analysis, Review & Reporting, Forensic Decryption), Component (Hardware, Software, Services), Type, Industry Vertical & Forecast, 2023-2032

List of Tables

Digital Forensics Market size is projected to expand at over 11% CAGR from 2023 to 2032, propelled by the surge in digital evidence volume.

The escalating usage of digital platforms, social media, and cloud services is generating a vast and complex pool of digital data. The rising number of cyber incidents and sophisticated cyber threats is amplifying the demand for digital forensics capabilities. Furthermore, the growing collaborations between several industry participants to develop advanced digital forensics solutions will augment the industry outlook. For instance, in October 2023, Softcell Technologies Global Private Ltd. collaborated with Binalyze to transform the landscape of cybersecurity and digital forensics.

The digital forensics industry is segmented into type, tool, component, industry vertical, and region.

Based on component, the market share from the hardware segment gained significant traction in 2022 and is anticipated to depict substantial growth through 2032. This is owing to the increasing complexity and expanding volume of digital data for necessitating powerful hardware for efficient forensic investigations. Additionally, the massive investments in cutting-edge hardware solutions by law enforcement agencies, enterprises, and cybersecurity professionals to ensure the robustness and effectiveness of digital forensic processes will fuel the segment growth.

As per industry vertical, the digital forensics market from the healthcare segment is set to witness considerable growth between 2023 and 2032. The increasing digitization of patient records is spurring several healthcare organizations to deploy digital forensics solutions to safeguard sensitive medical data and investigate potential security breaches. Digital forensics tools offer incident response whilst ensuring compliance with healthcare regulations and protecting patient confidentiality. The increasing focus of the healthcare sector on cybersecurity will further contribute to the segment expansion.

Regionally, the Asia Pacific digital forensics industry is estimated to exhibit robust growth through 2032 owing to the increasing frequency in the region. For instance, the APAC region reported the highest number of cyberattacks in 2022, accounting for up to 31% of all the incidents reported worldwide. Additionally, a large number of governments, law enforcement agencies, and enterprises in China, India, and Japan are investing in robust cybersecurity measures. Furthermore, the growing awareness of the importance of digital forensic capabilities is escalating the need for effective cyber threat detection and response mechanisms in the region, fostering the market expansion.

Product Code: 7367

Chapter 1 Methodology & Scope

1.1 Market scope & definition
1.2 Base estimates & calculations
1.3 Forecast calculation
1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
  - 1.4.2.1 Paid sources
  - 1.4.2.2 Public sources

Chapter 2 Executive Summary

2.1 Digital forensics market 360 degree synopsis, 2018 - 2032
2.2 Business trends
- 2.2.1 Total Addressable Market (TAM), 2023 - 2032
2.3 Regional trends
2.4 Type trends
2.5 Tools trends
2.6 Component trends
2.7 Industry vertical trends

Chapter 3 Digital Forensics Industry Insights

3.1 Impact of COVID-19
3.2 Industry ecosystem analysis
3.3 Technology & innovation landscape
3.4 Patent analysis
3.5 Key news and initiatives
- 3.5.1 Partnership/Collaboration
- 3.5.2 Merger/Acquisition
- 3.5.3 Investment
- 3.5.4 Product launch & innovation
3.6 Regulatory landscape
3.7 Use Cases
3.8 Impact forces
- 3.8.1 Growth drivers
  - 3.8.1.1 Rising cybercrimes
  - 3.8.1.2 The wide use of smartphones
  - 3.8.1.3 Rising demand in financial fraud investigation
  - 3.8.1.4 Stringent regulations and compliance requirements
- 3.8.2 Industry pitfalls & challenges
  - 3.8.2.1 Shortage of skilled digital forensic professionals
  - 3.8.2.2 Increasing use of encryption technologies
3.9 Growth potential analysis
3.10 Porter's analysis
3.11 PESTEL analysis

Chapter 4 Competitive Landscape, 2022

4.1 Introduction
4.2 Company market share, 2022
4.3 Competitive analysis of major market players, 2022
- 4.3.1 Magnet Forensics
- 4.3.2 Cellebrite
- 4.3.3 MSAB
- 4.3.4 OpenText
- 4.3.5 Paraben
- 4.3.6 Oxygen Forensics
- 4.3.7 IBM Corporation
4.4 Competitive positioning matrix, 2022
4.5 Strategic outlook matrix, 2022

Chapter 5 Digital Forensics Market Estimates & Forecast, By Type (Revenue)

5.1 Key trends, by type
5.2 Computer Forensics
5.3 Network Forensics
5.4 Mobile Device Forensics
5.5 Cloud Forensics
5.6 Others

Chapter 6 Digital Forensics Market Estimates & Forecast, By Tools (Revenue)

6.1 Key trends, by tools
6.2 Data Acquisition & Preservation
6.3 Forensic Data Analysis
6.4 Forensic Data Analysis
6.5 Review & Reporting
6.6 Forensic Decryption
6.7 Others

Chapter 7 Digital Forensics Market Estimates & Forecast, By Component (Revenue)

7.1 Key trends, by component
7.2 Hardware
7.3 Software
7.4 Service

Chapter 8 Digital Forensics Market Estimates & Forecast, By Industry vertical (Revenue)

8.1 Key trends, by industry vertical
8.2 BFSI
8.3 Healthcare
8.4 Government
8.5 IT & Telecom
8.6 Retail
8.7 Others

Chapter 9 Digital Forensics Market Estimates & Forecast, By Region (Revenue)

9.1 Key trends, by region
9.2 North America
- 9.2.1 U.S.
- 9.2.2 Canada
9.3 Europe
- 9.3.1 UK
- 9.3.2 Germany
- 9.3.3 France
- 9.3.4 Italy
- 9.3.5 Spain
- 9.3.6 Nordics
9.4 Asia Pacific
- 9.4.1 China
- 9.4.2 India
- 9.4.3 Japan
- 9.4.4 South Korea
- 9.4.5 Australia
- 9.4.6 Southeast Asia
9.5 Latin America
- 9.5.1 Brazil
- 9.5.2 Mexico
- 9.5.3 Argentina
9.6 MEA
- 9.6.1 South Africa
- 9.6.2 UAE
- 9.6.3 Saudi Arabia

Chapter 10 Company Profiles

10.1 Autopsy
10.2 Cellebrite
10.3 Cisco
10.4 Check Point Software
10.5 Cyrebro
10.6 ExtraHop
10.7 Exterro
10.8 Global Digital Forensics Inc
10.9 IBM Corporation
10.10 Imperva
10.11 KLDiscovery
10.12 LogRythm
10.13 Magnet Forensics
10.14 Microsoft Corporation
10.15 MSAB
10.16 Nuix
10.17 OpenText
10.18 Oxygen Forensics
10.19 Paraben
10.20 Parrot Security