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.
Author Credits: Abhishek Verma
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