Global Network Forensics Market to Grow at Over 17% CAGR through 2025

ALBANY, USA, 2018-May-08 — /EPR Network/ —A new business intelligence study titled, “Global Market Study on Network Forensics: Services Segment by Component Anticipated to Increase 4.3X Between 2017 and 2025” has been added to the research repository of Market Research Reports Search Engine (MRRSE). According to the report, the global network forensics market is likely to grow at a CAGR of over 17% during the assessment period 2017-2025.

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The business intelligence study offers in-depth analysis and insights on the global network forensics market. A holistic and comprehensive assessment on the key factors that are driving the growth of the network forensics market have been included in the report for the perusal of readers. The increase in the number of DDos and cybercrimes is likely to create opportunities for vendors in this landscape.

The research study also offers in-depth analysis on the key trends that are likely to shape the growth of the market during the assessment period. Some of the key trends that are likely to influencing the market include growing adoption of managed security services, advancements in IoT and smartphone, and growing mergers and acquisitions.

The research study also offers analysis and insights on the basis of segments to give readers in-depth analysis and insights. The market has been analyzed on the basis of component, vertical, and deployment. By components, the key segments include software and services. By vertical, the research study offers in-depth analysis and insights on government, energy & utility, IT & telecom, education, BFSI, retail, and others. According to the report, adoption of network forensics in governments is likely to witness steady growth over the forecast period. The report projects the government segment to grow at a CAGR of 21.7% during the assessment period.

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The business intelligence study also offers in-depth analysis and insights on the basis of deployment. The key segments in the market include on-premise and software-as-a-service. According to the report, the on-premise segment is likely to be one of the most lucrative modes of deployment. The on-premise segment was valued at nearly US$ 360 Mn in 2017, and is likely to witness steady growth over the forecast period.

The research study also offers in-depth analysis on the basis of region. According to the business intelligence study, adoption of network forensics in North America is likely to present lucrative growth opportunities to vendors. In addition to North America, Asia Pacific is also emerging as a prime market for network forensics. These factors are likely to augment the growth of the market during the assessment period. Some of the key companies profiled in the research study include IBM Corporation, Symantec Corporation, RSA Security LLC, NIKSUN Incorporated, FireEye, Inc., PacketSled, Inc., Riverbed Technology, Savvius, Inc., NETSCOUT, LogRhythm, Inc., Cisco System Inc., Corero Network Security, Inc., VIAVI Solutions Inc., Check Point Software Technologies Ltd., Packet Forensics, LLC and Network Critical Solutions Limited.

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