Forensic Technology Market Size

Forensic Technology Market size was over USD 15.96 billion in 2024 and is poised to exceed USD 53.18 billion by the end of 2037, witnessing over 9.7% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of forensic technology is estimated at USD 17.2 billion.

The reason behind the growth is impelled by rising rate of crime across the globe. Advancements in forensic technology including science Laser ablation, alternative light photography, high-speed ballistic photography, 3D forensic facial reconstruction, and DNA amplification, are just a few of the cutting-edge forensic technology that are revolutionizing are being used effectively in today's criminal investigations to make crime-solving faster and more precise than ever and allow to gain specialized knowledge in fields including bloodstain pattern analysis, weapons evidence, fingerprint analysis, and accident reconstruction by taking one of the program's restricted electives. In 2020, there were over 3 adult women and about two girls for every ten victims of human trafficking that were found worldwide.

The growing popularity of blockchain technology are believed to fuel the forensic technology market growth. Blockchain forensics is the study of looking into criminal activity on the blockchain or by using science and technology to look into cases and provide evidence in civil or criminal court wherein all data is encrypted using cryptography to thwart fraud and hacking.