PUBLISHER: TechSci Research | PRODUCT CODE: 1881594
PUBLISHER: TechSci Research | PRODUCT CODE: 1881594
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The Global Digital Forensics Market, valued at USD 7.60 Billion in 2024, is projected to experience a CAGR of 10.91% to reach USD 14.15 Billion by 2030. Digital forensics involves the systematic identification, preservation, analysis, and interpretation of electronic evidence from digital devices and networks to aid in legal and internal investigations. The global market's expansion is fundamentally driven by the escalating volume of cybercrimes and data breaches, coupled with increasing digitalization and stringent government regulations worldwide.
| Market Overview | |
|---|---|
| Forecast Period | 2026-2030 |
| Market Size 2024 | USD 7.60 Billion |
| Market Size 2030 | USD 14.15 Billion |
| CAGR 2025-2030 | 10.91% |
| Fastest Growing Segment | Hardware |
| Largest Market | North America |
Key Market Drivers
The Global Digital Forensics Market is substantially driven by the increasing incidence of cybercrime and data breaches, which necessitates robust investigative capabilities across all sectors. Organizations deploy advanced tools and expertise to identify attack vectors, trace malicious actors, and comply with breach notification requirements. According to the FBI's Internet Crime Report, in 2023, the Internet Crime Complaint Center (IC3) received 880,418 complaints, with potential losses exceeding $12.5 billion. This escalating threat directly fuels demand for digital forensics services. Concurrently, the proliferation of digital devices and the exponential growth in data volume critically expands investigation scope and complexity.
Key Market Challenges
The persistent global shortage of skilled cybersecurity professionals presents a significant impediment to the growth of the Digital Forensics Market. This deficit directly impacts the capacity for organizations to conduct timely and thorough digital investigations. The specialized expertise required for digital forensics, encompassing areas like data recovery, malware analysis, and network forensics, means that a lack of qualified personnel restricts the ability to effectively respond to and analyze cyber incidents. Organizations facing a scarcity of in-house experts often struggle to process the increasing volume of electronic evidence, leading to delayed incident resolution and incomplete security posture assessments.
Key Market Trends
The shift towards cloud computing continues to expand the attack surface, creating new complexities for digital forensics. Traditional on-premise forensic methods are often inadequate for cloud environments due to distributed data storage, multi-tenancy issues, and varying legal jurisdictions. This necessitates the development of specialized cloud forensic solutions capable of collecting, preserving, and analyzing evidence from diverse cloud service models, including IaaS, PaaS, and SaaS. The demand for these solutions is growing as organizations migrate critical operations and data to cloud infrastructures. According to the Cloud Security Alliance, in February 2024, only 23% of organizations reported having complete visibility into their cloud environments, contributing to challenges in forensic investigations. This limited visibility complicates incident response and evidence collection, directly fueling the market for advanced cloud forensic tools and expertise.
In this report, the Global Digital Forensics Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Company Profiles: Detailed analysis of the major companies presents in the Global Digital Forensics Market.
Global Digital Forensics Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report: