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Digital Forensics Market Trends

  • Report ID: 4832
  • Published Date: May 24, 2024
  • Report Format: PDF, PPT

 

  1. An Introduction to the Research Study
    1. Definition of the Market and the Segments

1.2 Acronyms and Assumptions

  1. The Research Procedure
    1. Sources of Data
      1. Secondary
      2. Primary
    2. Calculation and Derivation of Market Size
      1. Top-down approach
      2. Bottom-up approach
  2. Recommendation by Analyst for C-Level Executives
  3. An Abstract of the Report
  4. Evaluation of Market Fluctuations and Outlook
    1. Market Growth Drivers
    2. Market Growth Deflation
    3. Market Trends
  5. Fundamental Market Prospects
  6. Regulatory Landscape
  7. Industry Risk Analysis
  8. Industry Growth Outlook w.r.t. Component
  9. SWOT Analysis
  10. PEST Analysis
  11. Regional Demand Analysis
  12. Analysis on Technological Advancement in Digital Forensics Market
  13. Analysis on Type
  14. End-Use Industry Analysis
  15. Startup Analysis
  16. Investment Analysis
  17. Porter’s Analysis
  18. Recent Development
  19. Competitive Feature Analysis
  20. Global Digital Forensics Market Valuation, Business Viewpoint and Forecast, 2024-2037
    1. Market Summary
    2. Market Value (USD Million) Current and Future Projections, 2024-2037
    3. Market Increment $ Opportunity Assessment, 2024-2037
    4. Global Digital Forensics Market Valuation, Business Viewpoint, and Forecast by Component, 2024-2037
      1. Software, Market Value (USD Million) Current and Future Projections, 2024-2037
      2. Hardware, Market Value (USD Million) Current and Future Projections, 2024-2037
      3. Services, Market Value (USD Million) Current and Future Projections, 2024-2037
    5. Global Digital Forensics Market Valuation, Business Viewpoint, and Forecast by Type, 2024-2037
      1. Computer Forensics, Market Value (USD Million), Current and Future Projections, 2024-2037
      2. Network Forensics, Market Value (USD Million), Current and Future Projections, 2024-2037
      3. Mobile Device Forensics, Market Value (USD Million), Current and Future Projections, 2024-2037
      4. Cloud Forensics, Market Value (USD Million), Current and Future Projections, 2024-2037
      5. Others, Market Value (USD Million), Current and Future Projections, 2024-2037
    6. Global Digital Forensics Market Valuation, Business Viewpoint, and Forecast by Deployment Mode, 2024-2037
      1. Cloud, Market Value (USD Million), Current and Future Projections, 2024-2037
      2. On-premise, Market Value (USD Million), Current and Future Projections, 2024-2037
    7. Global Digital Forensics Market Valuation, Business Viewpoint, and Forecast by Industry Vertical, 2024-2037
      1. Government & Defense Market Value (USD Million) Current and Future Projections, 2024-2037
      2. Law Enforcement Market Value (USD Million) Current and Future Projections, 2024-2037
      3. IT & Telecom Market Value (USD Million) Current and Future Projections, 2024-2037
      4. Healthcare Market Value (USD Million) Current and Future Projections, 2024-2037
      5. Others Market Value (USD Million) Current and Future Projections, 2024-2037
    8. Global Digital Forensics Market Valuation, Business Viewpoint, and Forecast by Region, 2024-2037
      1. North America, Market Value (USD Million) Current and Future Projections, 2024-2037
      2. Latin America, Market Value (USD Million) Current and Future Projections, 2024-2037
      3. Europe, Market Value (USD Million) Current and Future Projections, 2024-2037
      4. Asia Pacific Excluding Japan (APEJ), Market Value (USD Million) Current and Future Projections, 2024-2037
      5. Japan, Market Value (USD Million) Current and Future Projections, 2024-2037
      6. Middle East & Africa, Market Value (USD Million) Current and Future Projections, 2024-2037
    9. Cross Analysis of Type w.r.t. Industry Vertical (USD Million), 2024-2037
  1. North America Digital Forensics Market Valuation, Business Viewpoint and Forecast, 2024-2037
    1. Market Summary
    2. Market Value (USD Million) Current and Future Projections, 2024-2037
    3. Market Increment $ Opportunity Assessment, 2024-2037
    4. North America Digital Forensics Market Valuation, Business Viewpoint, and Forecast by Component, 2024-2037
      1. Software, Market Value (USD Million) Current and Future Projections, 2024-2037
      2. Hardware, Market Value (USD Million) Current and Future Projections, 2024-2037
      3. Services, Market Value (USD Million) Current and Future Projections, 2024-2037
    5. North America Digital Forensics Market Valuation, Business Viewpoint, and Forecast by Type, 2024-2037
      1. Computer Forensics, Market Value (USD Million), Current and Future Projections, 2024-2037
      2. Network Forensics, Market Value (USD Million), Current and Future Projections, 2024-2037
      3. Mobile Device Forensics, Market Value (USD Million), Current and Future Projections, 2024-2037
      4. Cloud Forensics, Market Value (USD Million), Current and Future Projections, 2024-2037
      5. Others, Market Value (USD Million), Current and Future Projections, 2024-2037
    6. North America Digital Forensics Market Valuation, Business Viewpoint, and Forecast by Deployment Mode, 2024-2037
      1. Cloud, Market Value (USD Million), Current and Future Projections, 2024-2037
      2. On-premise, Market Value (USD Million), Current and Future Projections, 2024-2037
    7. North America Digital Forensics Market Valuation, Business Viewpoint, and Forecast by Industry Vertical, 2024-2037
      1. Government & Defense Market Value (USD Million) Current and Future Projections, 2024-2037
      2. Law Enforcement Market Value (USD Million) Current and Future Projections, 2024-2037
      3. IT & Telecom Market Value (USD Million) Current and Future Projections, 2024-2037
      4. Healthcare Market Value (USD Million) Current and Future Projections, 2024-2037
      5. Others Market Value (USD Million) Current and Future Projections, 2024-2037
    8. North America Digital Forensics Market Valuation, Business Viewpoint, and Forecast by Country, 2024-2037
      1. US Market Value (USD Million) Current and Future Projections, 2024-2037
      2. Canada Market Value (USD Million) Current and Future Projections, 2024-2037
    9. Cross Analysis of Type w.r.t. Industry Vertical (USD Million), 2024-2037
  2. Latin America Digital Forensics Market Valuation, Business Viewpoint and Forecast, 2024-2037
    1. Market Summary
    2. Market Value (USD Million) Current and Future Projections, 2024-2037
    3. Market Increment $ Opportunity Assessment, 2024-2037
    4. Latin America Digital Forensics Market Valuation, Business Viewpoint, and Forecast by Component, 2024-2037
      1. Software, Market Value (USD Million) Current and Future Projections, 2024-2037
      2. Hardware, Market Value (USD Million) Current and Future Projections, 2024-2037
      3. Services, Market Value (USD Million) Current and Future Projections, 2024-2037
    5. Latin America Digital Forensics Market Valuation, Business Viewpoint, and Forecast by Type, 2024-2037
      1. Computer Forensics, Market Value (USD Million), Current and Future Projections, 2024-2037
      2. Network Forensics, Market Value (USD Million), Current and Future Projections, 2024-2037
      3. Mobile Device Forensics, Market Value (USD Million), Current and Future Projections, 2024-2037
      4. Cloud Forensics, Market Value (USD Million), Current and Future Projections, 2024-2037
      5. Others, Market Value (USD Million), Current and Future Projections, 2024-2037
    6. Latin America Digital Forensics Market Valuation, Business Viewpoint, and Forecast by Deployment Mode, 2024-2037
      1. Cloud, Market Value (USD Million), Current and Future Projections, 2024-2037
      2. On-premise, Market Value (USD Million), Current and Future Projections, 2024-2037
    7. Latin America Digital Forensics Market Valuation, Business Viewpoint, and Forecast by Industry Vertical, 2024-2037
      1. Government & Defense Market Value (USD Million) Current and Future Projections, 2024-2037
      2. Law Enforcement Market Value (USD Million) Current and Future Projections, 2024-2037
      3. IT & Telecom Market Value (USD Million) Current and Future Projections, 2024-2037
      4. Healthcare Market Value (USD Million) Current and Future Projections, 2024-2037
      5. Others Market Value (USD Million) Current and Future Projections, 2024-2037
    8. Latin America Digital Forensics Market Valuation, Business Viewpoint, and Forecast by Country, 2024-2037
      1. Brazil Market Value (USD Million) Current and Future Projections, 2024-2037
      2. Mexico Market Value (USD Million) Current and Future Projections, 2024-2037
      3. Argentina Market Value (USD Million) Current and Future Projections, 2024-2037
      4. Rest of Latin America Market Value (USD Million) Current and Future Projections, 2024-2037
    9. Cross Analysis of Type w.r.t. Industry Vertical (USD Million), 2024-2037
  3. Europe Digital Forensics Market Valuation, Business Viewpoint and Forecast, 2024-2037
    1. Market Summary
    2. Market Value (USD Million) Current and Future Projections, 2024-2037
    3. Market Increment $ Opportunity Assessment, 2024-2037
    4. Europe Digital Forensics Market Valuation, Business Viewpoint, and Forecast by Component, 2024-2037
      1. Software, Market Value (USD Million) Current and Future Projections, 2024-2037
      2. Hardware, Market Value (USD Million) Current and Future Projections, 2024-2037
      3. Services, Market Value (USD Million) Current and Future Projections, 2024-2037
    5. Europe Digital Forensics Market Valuation, Business Viewpoint, and Forecast by Type, 2024-2037
      1. Computer Forensics, Market Value (USD Million), Current and Future Projections, 2024-2037
      2. Network Forensics, Market Value (USD Million), Current and Future Projections, 2024-2037
      3. Mobile Device Forensics, Market Value (USD Million), Current and Future Projections, 2024-2037
      4. Cloud Forensics, Market Value (USD Million), Current and Future Projections, 2024-2037
      5. Others, Market Value (USD Million), Current and Future Projections, 2024-2037
    6. Europe Digital Forensics Market Valuation, Business Viewpoint, and Forecast by Deployment Mode, 2024-2037
      1. Cloud, Market Value (USD Million), Current and Future Projections, 2024-2037
      2. On-premise, Market Value (USD Million), Current and Future Projections, 2024-2037
    7. Europe Digital Forensics Market Valuation, Business Viewpoint, and Forecast by Industry Vertical, 2024-2037
      1. Government & Defense Market Value (USD Million) Current and Future Projections, 2024-2037
      2. Law Enforcement Market Value (USD Million) Current and Future Projections, 2024-2037
      3. IT & Telecom Market Value (USD Million) Current and Future Projections, 2024-2037
      4. Healthcare Market Value (USD Million) Current and Future Projections, 2024-2037
      5. Others Market Value (USD Million) Current and Future Projections, 2024-2037
    8. Europe Digital Forensics Market Valuation, Business Viewpoint, and Forecast by Country, 2024-2037
      1. UK Market Value (USD Million) Current and Future Projections, 2024-2037
      2. Germany Market Value (USD Million) Current and Future Projections, 2024-2037
      3. France Market Value (USD Million) Current and Future Projections, 2024-2037
      4. Italy Market Value (USD Million) Current and Future Projections, 2024-2037
      5. Spain Market Value (USD Million) Current and Future Projections, 2024-2037
      6. BENELUX Market Value (USD Million) Current and Future Projections, 2024-2037
      7. Poland Market Value (USD Million) Current and Future Projections, 2024-2037
      8. Russia Market Value (USD Million) Current and Future Projections, 2024-2037
      9. Rest of Europe Market Value (USD Million) Current and Future Projections, 2024-2037
    9. Cross Analysis of Type w.r.t. Industry Vertical (USD Million), 2024-2037
  4. Asia Pacific Excluding Japan (APEJ) Digital Forensics Market Valuation, Business Viewpoint and Forecast, 2024-2037
    1. Market Summary
    2. Market Value (USD Million) Current and Future Projections, 2024-2037
    3. Market Increment $ Opportunity Assessment, 2024-2037
    4. Asia Pacific Excluding Japan (APEJ) Digital Forensics Market Valuation, Business Viewpoint, and Forecast by Component, 2024-2037
      1. Software, Market Value (USD Million) Current and Future Projections, 2024-2037
      2. Hardware, Market Value (USD Million) Current and Future Projections, 2024-2037
      3. Services, Market Value (USD Million) Current and Future Projections, 2024-2037
    5. Asia Pacific Excluding Japan (APEJ) Digital Forensics Market Valuation, Business Viewpoint, and Forecast by Type, 2024-2037
      1. Computer Forensics, Market Value (USD Million), Current and Future Projections, 2024-2037
      2. Network Forensics, Market Value (USD Million), Current and Future Projections, 2024-2037
      3. Mobile Device Forensics, Market Value (USD Million), Current and Future Projections, 2024-2037
      4. Cloud Forensics, Market Value (USD Million), Current and Future Projections, 2024-2037
      5. Others, Market Value (USD Million), Current and Future Projections, 2024-2037
    6. Asia Pacific Excluding Japan (APEJ) Digital Forensics Market Valuation, Business Viewpoint, and Forecast by Deployment Mode, 2024-2037
      1. Cloud, Market Value (USD Million), Current and Future Projections, 2024-2037
      2. On-premise, Market Value (USD Million), Current and Future Projections, 2024-2037
    7. Asia Pacific Excluding Japan (APEJ) Digital Forensics Market Valuation, Business Viewpoint, and Forecast by Industry Vertical, 2024-2037
      1. Government & Defense Market Value (USD Million) Current and Future Projections, 2024-2037
      2. Law Enforcement Market Value (USD Million) Current and Future Projections, 2024-2037
      3. IT & Telecom Market Value (USD Million) Current and Future Projections, 2024-2037
      4. Healthcare Market Value (USD Million) Current and Future Projections, 2024-2037
      5. Others Market Value (USD Million) Current and Future Projections, 2024-2037
    8. Asia Pacific Excluding Japan (APEJ) Digital Forensics Market Valuation, Business Viewpoint, and Forecast by Country, 2024-2037
      1. China Market Value (USD Million) Current and Future Projections, 2024-2037
      2. India Market Value (USD Million) Current and Future Projections, 2024-2037
      3. Indonesia Market Value (USD Million) Current and Future Projections, 2024-2037
      4. South Korea Market Value (USD Million) Current and Future Projections, 2024-2037
      5. Australia Market Value (USD Million) Current and Future Projections, 2024-2037
      6. Vietnam Market Value (USD Million) Current and Future Projections, 2024-2037
      7. Singapore Market Value (USD Million) Current and Future Projections, 2024-2037
      8. Malaysia Market Value (USD Million) Current and Future Projections, 2024-2037
      9. New Zealand Market Value (USD Million) Current and Future Projections, 2024-2037
      10. Rest of Asia Pacific Excluding Japan (APEJ) Market Value (USD Million) Current and Future Projections, 2024-2037
    9. Cross Analysis of Type w.r.t. Industry Vertical (USD Million), 2024-2037
  5. Japan Digital Forensics Market Valuation, Business Viewpoint and Forecast, 2024-2037
    1. Market Summary
    2. Market Value (USD Million) Current and Future Projections, 2024-2037
    3. Market Increment $ Opportunity Assessment, 2024-2037
    4. Japan Digital Forensics Market Valuation, Business Viewpoint, and Forecast by Component, 2024-2037
      1. Software, Market Value (USD Million) Current and Future Projections, 2024-2037
      2. Hardware, Market Value (USD Million) Current and Future Projections, 2024-2037
      3. Services, Market Value (USD Million) Current and Future Projections, 2024-2037
    5. Japan Digital Forensics Market Valuation, Business Viewpoint, and Forecast by Type, 2024-2037
      1. Computer Forensics, Market Value (USD Million), Current and Future Projections, 2024-2037
      2. Network Forensics, Market Value (USD Million), Current and Future Projections, 2024-2037
      3. Mobile Device Forensics, Market Value (USD Million), Current and Future Projections, 2024-2037
      4. Cloud Forensics, Market Value (USD Million), Current and Future Projections, 2024-2037
      5. Others, Market Value (USD Million), Current and Future Projections, 2024-2037
    6. Japan Digital Forensics Market Valuation, Business Viewpoint, and Forecast by Deployment Mode, 2024-2037
      1. Cloud, Market Value (USD Million), Current and Future Projections, 2024-2037
      2. On-premise, Market Value (USD Million), Current and Future Projections, 2024-2037
    7. Japan Digital Forensics Market Valuation, Business Viewpoint, and Forecast by Industry Vertical, 2024-2037
      1. Government & Defense Market Value (USD Million) Current and Future Projections, 2024-2037
      2. Law Enforcement Market Value (USD Million) Current and Future Projections, 2024-2037
      3. IT & Telecom Market Value (USD Million) Current and Future Projections, 2024-2037
      4. Healthcare Market Value (USD Million) Current and Future Projections, 2024-2037
      5. Others Market Value (USD Million) Current and Future Projections, 2024-2037
    8. Cross Analysis of Type w.r.t. Industry Vertical (USD Million), 2024-2037
  6. Middle East & Africa Digital Forensics Market Valuation, Business Viewpoint and Forecast, 2024-2037
    1. Market Summary
    2. Market Value (USD Million) Current and Future Projections, 2024-2037
    3. Market Increment $ Opportunity Assessment, 2024-2037
    4. Middle East & Africa Digital Forensics Market Valuation, Business Viewpoint, and Forecast by Component, 2024-2037
      1. Software, Market Value (USD Million) Current and Future Projections, 2024-2037
      2. Hardware, Market Value (USD Million) Current and Future Projections, 2024-2037
      3. Services, Market Value (USD Million) Current and Future Projections, 2024-2037
    5. Middle East & Africa Digital Forensics Market Valuation, Business Viewpoint, and Forecast by Type, 2024-2037
      1. Computer Forensics, Market Value (USD Million), Current and Future Projections, 2024-2037
      2. Network Forensics, Market Value (USD Million), Current and Future Projections, 2024-2037
      3. Mobile Device Forensics, Market Value (USD Million), Current and Future Projections, 2024-2037
      4. Cloud Forensics, Market Value (USD Million), Current and Future Projections, 2024-2037
      5. Others, Market Value (USD Million), Current and Future Projections, 2024-2037
    6. Middle East & Africa Digital Forensics Market Valuation, Business Viewpoint, and Forecast by Deployment Mode, 2024-2037
      1. Cloud, Market Value (USD Million), Current and Future Projections, 2024-2037
      2. On-premise, Market Value (USD Million), Current and Future Projections, 2024-2037
    7. Middle East & Africa Digital Forensics Market Valuation, Business Viewpoint, and Forecast by Industry Vertical, 2024-2037
      1. Government & Defense Market Value (USD Million) Current and Future Projections, 2024-2037
      2. Law Enforcement Market Value (USD Million) Current and Future Projections, 2024-2037
      3. IT & Telecom Market Value (USD Million) Current and Future Projections, 2024-2037
      4. Healthcare Market Value (USD Million) Current and Future Projections, 2024-2037
      5. Others Market Value (USD Million) Current and Future Projections, 2024-2037
    8. Middle East & Africa Digital Forensics Market Valuation, Business Viewpoint, and Forecast by Country, 2024-2037
      1. Combined Gulf Countries Market Value (USD Million) Current and Future Projections, 2024-2037
      2. Israel Market Value (USD Million) Current and Future Projections, 2024-2037
      3. South Africa Market Value (USD Million) Current and Future Projections, 2024-2037
      4. Rest of Middle East & Africa Market Value (USD Million) Current and Future Projections, 2024-2037
    9. Cross Analysis of Type w.r.t. Industry Vertical (USD Million), 2024-2037
  7. Comprehensive Analysis of Leading Players in the Market
    1. Market share of Key Competitors in the Market (%)
    2. Profile of the Major Vendors
      1. International Business Machines Corporation
      2. Business Overview
      3. Key Business Strategies for the Growth of Revenue
      4. Financial Performance and Revenue Representation
      5. Major Products Offered
      6. Mergers and Acquisitions
      7. Latest Trends
      8. Regional and Worldwide Presence
      9. Binary Intelligence
    3. Cisco Systems
    4. Paraben Corp.
    5. MSAB Systemation AB
    6. Oxygen Forensics
    7. Log Rhythm Inc
    8. KLDiscovery
    9. Exterro
    10. Cellebrite
    11. OpenText Corporation

 

Digital Forensics Market Trends

Growth Drivers

  • Growing utilization of mobile phones - The growing utilization of mobile devices has significantly boosted the digital footprints of individuals and organizations further driving the demand for digital forensics solutions and services. As more people depend on mobile phones for functions including financial transactions, communication, and sensitive data storage, the prevalence of digital crimes is set to grow on these platforms.

    As per the predictions carried out by GSMA's annual State of Mobile Internet Connectivity Report 2023 (SOMIC), over 54% of the population globally owned smartphones. Hence, the demand for digital forensics market is foreseen to rise. This enables digital forensics professionals to extract data from various mobile platforms, including smartphones and tablets, to study evidence in investigations involving corporate espionage, cybercrime, intellectual property theft, and more.
  • Surging trend of digital currency - Digital forensic software is utilized to track transactions of cryptocurrency by examining the blockchain. The blockchain is considered to be the public ledger of all cryptocurrency transactions, and it is reserved on a network of computers that makes them more prevalent to attack.
     
  • For instance, in 2023 over 1 billion funds were stolen from cryptocurrency by hackers. Even though, this is low as compared to 2022 it is estimated to cause a huge loss. Therefore, digital forensic software may inspect the blockchain to recognize patterns and abnormal movement in cryptocurrency transactions. Forensic software is also estimated to be utilized to regulate the origin of cryptocurrency transactions and to track down their path through the blockchain.
  • Rise in the use of AI and machine learning - The use of AI and machine learning is growing currently to enable quick and accurate examination of large amounts of data. Hence, these two technologies are initiating transformation in digital forensics.

    Moreover, another major area is network traffic analysis on which these technologies have a notable impact. Also, AI and ML techniques are utilized in tracking criminals by studying various databases and critical thinking algorithms to research distinctive patterns of behavior of suspected persons.

Challenges

  • Lack of skilled workers - The shortage of professional digital forensic employees has a huge impact on the growth of the market. Moreover, cybercrimes are getting more complicated day by day and this is additionally necessitating the need for forensic analysis expertise.

    However, a huge investment is needed to provide training to the workers. As a result, the digital forensics market is set to be hindered.
  • High cost incurred in the investigation - Digital forensic examinations may be costly and time-consuming. Further, a limited budget is predicted to restrain companies from spending on modern forensic technologies hindering their adequacy to react efficiently to cyber-attacks.

    Additionally, specialized forensic instruments and equipment are required in digital forensics. However, these are sometimes expensive, and adopting the latest technology requires continuous investment. As a result, the is estimated to be restrained from growing.
  • Rising technical complexity

Digital Forensics Market: Key Insights

Base Year

2024

Forecast Year

2025-2037

CAGR

14.31%

Base Year Market Size (2024)

USD 10.23 Billion

Forecast Year Market Size (2037)

USD 57.54 Billion

Regional Scope
  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Browse Key Market Insights with Data Illustration:

Author Credits:  Abhishek Verma


  • Report ID: 4832
  • Published Date: May 24, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of digital forensics was over USD 10.23 billion.

The market size for digital forensics is set to cross USD 57.54 billion by the end of 2037 expanding at a CAGR of 14.31% during the forecast period i.e., between 2025-2037.

The major players in the market are BM Corporation, Binary Intelligence, LLC, Cisco Systems, Inc., and others.

The computer forensics segment is anticipated to generate a share/size of USD 17.72 billion during 2025-2037.

The North America digital forensics sector is poised to gather USD 24.49 billion in revenue by the end of 2037.
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