PUBLISHER: The Business Research Company | PRODUCT CODE: 1686057
PUBLISHER: The Business Research Company | PRODUCT CODE: 1686057
Digital evidence management (DEM) involves the swift and automated collection, analysis, and presentation of digital evidence, expediting investigations and improving investigative procedures. These systems enable investigators to quickly and accurately search for specific evidence, facilitating the location of crucial information without delays.
The primary components of digital evidence management include hardware, software, and services. Hardware encompasses the physical and electronic components of computers or other devices, excluding the instructions they follow. These components can be deployed on-premise or in the cloud, catering to various organization sizes, including small and medium-sized enterprises (SMEs) and large enterprises. The primary end-users of digital evidence management systems include the public sector, law enforcement agencies, public safety and justice organizations, and the insurance sector.
The digital evidence management market research report is one of a series of new reports from The Business Research Company that provides digital evidence management market statistics, including digital evidence management industry global market size, regional shares, competitors with a digital evidence management market share, detailed digital evidence management market segments, market trends and opportunities, and any further data you may need to thrive in the digital evidence management industry. This digital evidence management market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The digital evidence management market size has grown rapidly in recent years. It will grow from $8.41 billion in 2024 to $9.43 billion in 2025 at a compound annual growth rate (CAGR) of 12.2%. The growth in the historic period can be attributed to rising cybercrime rates, regulatory compliance, increasing awareness, globalization of crime, integration with other systems.
The digital evidence management market size is expected to see rapid growth in the next few years. It will grow to $14.81 billion in 2029 at a compound annual growth rate (CAGR) of 11.9%. The growth in the forecast period can be attributed to increased adoption in non-traditional sectors, growing cybersecurity concerns, cross-platform integration, enhanced data privacy measures, shift towards cloud-based solutions. Major trends in the forecast period include expanded global collaboration, rapid technological innovations, increasing digitalization, technological advancements, blockchain integration.
The surge in cybercrime and fraud incidents is anticipated to drive the expansion of the digital evidence management market in the coming years. Cybercrime and fraud activities involve illicit actions conducted online or through digital channels, aiming to deceive or manipulate individuals or organizations for financial gain or malicious intentions. The evolving digital landscape, coupled with a dearth of pertinent information concerning online frauds, renders individuals and organizations vulnerable to cyber attacks. Digital evidence management solutions play a pivotal role in cybercrime and fraud incidents by facilitating the collection, analysis, and presentation of digital evidence. This aids organizations and law enforcement agencies in identifying perpetrators, prosecuting offenders, and preventing future occurrences. For instance, reports from the Federal Trade Commission in February 2023 revealed a significant surge in fraud losses experienced by consumers, totaling nearly $8.8 billion in 2022, marking a substantial increase of over 30% compared to the preceding year. Additionally, according to the Australian Cyber Security Centre, cybercrime reports received in 2022 amounted to 76,000, representing a 13% increase from the previous year. These statistics underscore the escalating prevalence of cybercrime and fraud incidents, highlighting the pressing need for effective digital evidence management solutions.
Key companies in the digital evidence management market are focusing on innovative software solutions, such as advanced Optical Character Recognition (OCR) systems, to equip manufacturers and warehousing operators with a fast, accurate, and reliable tool for automation and quality checks through deep learning technology. An advanced OCR solution utilizes sophisticated technology to convert printed or handwritten text from images and documents into machine-readable data, leveraging artificial intelligence and machine learning to enhance accuracy and efficiency. For instance, in October 2022, Zebra Technologies Corporation, a U.S.-based mobile computing company, introduced its Deep Learning Optical Character Recognition (DL-OCR) system. This solution offers fast, accurate, and dependable ready-to-use deep learning capabilities for compliance, quality, and presence checks, specifically designed to assist manufacturers and warehousing operators. DL-OCR features a pre-trained neural network that has been trained on thousands of diverse image samples, delivering consistent results that traditional OCR techniques could not achieve.
In January 2023, Thoma Bravo LLC, a prominent US-based private equity firm, completed the acquisition of Magnet Forensics International Inc. for $1.34 billion. This strategic move is geared towards expanding Thoma Bravo's portfolio of software investments within the technology sector. The acquisition aims to establish a robust end-to-end digital investigations platform capable of assisting law enforcement agencies in resolving critical cases swiftly, protecting victims, and enhancing cybersecurity measures. Magnet Forensics International Inc., headquartered in Canada, specializes in developing digital investigation software and providing digital evidence management services.
Major companies operating in the digital evidence management market are International Business Machine Corporation, OpenText Corporation, NICE Systems Ltd., Tableau Software LLC, Solera Holdings Inc., Verint Systems Inc., Cellebrite DI Ltd., Tritech Software Systems, Nuix Ltd., CaseWare International Inc., Magnet Forensics Inc., Belkasoft, Micro Systemation AB, DriveSavers Inc., Digital Intelligence Inc., F3EA Inc., Griffeye AB, Amped Software Co., Digital Detective Group Ltd., Atola Technology Inc., Paraben Corporation, Oxygen Forensics Inc., BlackBag Technologies Inc., Advanced Digital Forensic Solutions Inc., Binary Intelligence
North America was the largest region in the digital evidence management market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the digital evidence management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the digital evidence management market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The digital evidence management market consists revenues earned by entities by providing services such as storage and organization, access control and security, indexing and searching, integration with other systems, chain of custody management, and data collection and preservation. The market value includes the value of related goods sold by the service provider or included within the service offering. The digital evidence management market also includes sales of products that include analysis and examination tools, evidence collection tools, case management systems, forensic tools, evidence tracking, and management systems. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Digital Evidence Management Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on digital evidence management market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for digital evidence management ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The digital evidence management market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.