Market Research Report
Global Digital Forensics Market 2019-2025
|Published by||Orion Market Research Pvt Ltd||Product code||486705|
Delivery time: 2-3 business days
|Global Digital Forensics Market 2019-2025|
|Published: December 28, 2019||Content info:||
Global Digital Forensics Market Size, Share & Trends Analysis Report by type (Computer Forensics, Mobile Device Forensics, Network Forensics, Others) By End-User (Banking, Financial Services and Insurance (BFSI), Government and Law Enforcement Agencies, Healthcare and Life Science, Defense and Aerospace, IT and Telecommunication)
Global digital forensics market is expected to grow with a CAGR of 10.9% during the forecast period of 2019-2025. Digital forensics is a set of predetermined actions for the recovery and investigation of material on digital media and network. It is a process of identifying, preserving, and presenting digital evidence in a manner that is legally acceptable in any legal proceedings. Factors augmenting the growth of the market include increasing cases of cyber-attacks and crimes on enterprise devices and increasing demand for Internet of Things (IoT) devices globally. Moreover, rising demand for cloud computing forensic and data security coupled with the regulatory enforcement and compliance is expected to further augment the market. Lack of skilled professionals and a high level of encryption in mobile applications can be the barrier to the growth of the market.
The market is segmented on the basis of type and end-user. On the basis of type, the market is segmented into computer forensics, mobile forensics, network forensics, and others. Network forensics segment held the largest shares in digital forensics market in 2018. By end-user, the market is divided into BFSI, government & law enforcement agencies, healthcare and life science, defense, and aerospace, information technology (IT) & telecommunication, and others. BFSI is expected to hold the largest share during the forecast period. The global digital forensics market is further segmented on the basis of geography including North America, Europe, Asia-Pacific and Rest of the World.
North America is expected to have a significant share in the market and expected to hold a share of around 30% during the forecast period. It is due to the well-developed infrastructure. The Asia-Pacific region is expected to augment with the highest growth. It is attributed to the high internet penetration rate which results in the increasing digital crimes and cyber-attacks in the region. China is a major economy in the region which contributes majorly to the growth of the market in the region. The major players that contribute to the growth of the global digital forensics market include IBM Corp., Cisco System inc., AccessData Group LLC, Paraben Corp., and FireEye Inc. among others. Further, in order to remain competitive, the players operating in the market adopt various strategies such as mergers and acquisitions, partnerships and collaborations, product launch, and geographical expansion.
The market study of the global digital forensics market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity in our reports.
Secondary Sources Include
The report is intended for BFSI, aerospace and defense companies, government, IT and telecommunication company and their related software companies, for overall market analysis and competitive analysis. The report provides in-depth analysis on market size, intended quality of the service preferred by consumers. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models.
The Report Covers