1.2 Acronyms and Assumptions
Digital Forensics Market size is evaluated at USD 10.23 Billion in 2024 and is likely to exceed USD 57.54 Billion by the end of 2037, registering over 14.31% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of digital forensics is estimated at USD 11.56 Billion.
The main element to dominates the digital forensics market revenue is the growing risk of cyber-attacks. In the case of the US, IC3 recorded a loss of USD 10.3 billion in the year 2021. Hence, the need for digital forensics is estimated to rise to recover and interpret data from digital devices that have been attacked.
Growth Drivers
Challenges
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Base Year |
2024 |
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Forecast Year |
2025-2037 |
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CAGR |
14.31% |
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Base Year Market Size (2024) |
USD 10.23 Billion |
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Forecast Year Market Size (2037) |
USD 57.54 Billion |
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Regional Scope |
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Type (Computer Forensics, Network Forensics, Mobile Device Forensics, Cloud Forensics, Others)
In digital forensics market, computer forensics segment is likely to cross USD 17.72 Billion by the end of 2037. This is highest as compared to revenue gathered in the year 2024 of USD 3.17 billion This growth of the segment is set to be encouraged by growing internet crime. In 2021, according to the Federal Bureau of Investigation, IC3 registered over 847,376 complaints in the case of the US.
Moreover, computer forensics has gained importance as a national security tool to eradicate cybercrimes that continue affecting nations. Governments or law enforcement agencies including the FBI presently utilize computer forensics procedures to expose evidence and tighten security vulnerabilities.
Additionally, the use of computer forensics by investigators can be also used in civil litigation cases, such as employment disputes or divorces. For instance, in a divorce case, a legal team of spouses may utilize computer forensics on smartphones to disclose a partner's extramarital relations and obtain a more favorable ruling.
Deployment Mode (Cloud, On-Premises)
The cloud segment in digital forensics market is estimated to gather the notable revenue during the forecast period. Cloud solutions terminate the demand for costly on-premise software and hardware, limiting IT spending for companies.
Moreover, cloud storage permits authorized workforce to safely access digital evidence with an internet connection from across the globe further allowing remote work and collaboration to operate much easier. Hence, with the growing remote work and collaboration, the segment is expanding. The number of employees working remotely across the globe has risen significantly in current years, growing from over 29 percent in 2020 to above 27 percent by 2023.
Furthermore, cloud-based digital forensics solutions provide advanced features specifically customized to legal professionals, including tools for eDiscovery, reporting, and case management.
Component (Software, Hardware, Services)
By the end of 2037, software segment in the digital forensics market is expected to reach USD 28.47 Billion. Digital forensics software robotizes various difficult tasks related to analysis, data collection, and reporting. This allows investigators to pay attention to more component aspects of a case, initiating a boost in investigations and enhanced efficiency.
Our in-depth analysis of the global market includes the following segments:
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Component |
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Type |
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Deployment Mode |
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Industry Vertical |
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North American Market Statistics
By the end of 2037, digital forensics market size for North America region is likely to reach USD 24.49 Billion up from a revenue of USD 4.36 billion in the year 2024. The main element to dominate the market revenue in this region is the growing use of the internet. The number of consumers of the internet in North America was estimated to rise between 2024 and 2029 by about 50 million users.
The US market for digital forensics is projected to generate the highest market revenue of USD 22.18 billion by the end of 2037. This could be due to rising awareness regarding cybercrime among people.
The digital forensics market in Canada is also estimated to rise at a significant revenue. The main factor in encouraging market expansion in this country is the growing investment made by the government to enhance the security system.
APAC Market Analysis
Through 2037, Asia Pacific digital forensics market is expected to exhibit growth of over 16.45%. This growth of the market is set to be encouraged by growing government spending on digitalization along with the growing urban population. As per the estimation made by ESCAP, the population in the urban region of Asia Pacific is set to rise from 2.53 billion in 2023 to 3.5 billion in 2050. Cities around this region are deploying digital technologies to enhance the delivery of services, streamline decision-making and administration, and advance the safety and engagement of citizens through e-platforms. Consequently, the demand for digital forensics market is set to rise in this region.
The China market for digital forensics is estimated to generate the highest market revenue of USD 6.09 billion between the years 2025 to 2037. This growth is poised to be dominated by a growing generation of data.
The digital forensics market in India is also estimated to grow at the highest CAGR of 18.04% over the coming years. The major factor driving the market growth in this area is rising digitalization in industries such as healthcare, government, and finance.
The South Korea market for digital forensics is also predicted to have notable growth during the coming years due to the increasing ransomware attacks.
The digital forensics market is set to be significantly affected by key players. Key players in this market are constantly looking forward to adopting novel methods and initiatives to drive more customers. Hence, this might boost the market growth. Some of these key plyers includes:
Author Credits: Abhishek Verma
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