Digital Forensics Market anticipated To Double In Value By 2024

New York, USA, 2018-Nov-08 — /EPR Network/ —Recent innovations in the field of forensics are the drivers of this market, for instance, in 2018, Access Data introduced next-gen competences for directing digital investigations or forensics which is likely to boost the company’s financial and expand their product portfolio and Guidance Software was acquired by Open Text, a leader in Enterprise Information Management operating globally.

Recently in 2018, Oxygen Forensics, released an update to its popular mobile forensic software allowing investigators exclusive access to mobile devices, applications, and cloud data not previously accessible through software solution. According to Goldstein Research analysis, digital forensics has taken over the market with a projected valuation of more than USD 4.35 billion by 2024, up from just about USD 0.86 billion in 2016. The digital forensics market is expected to grow at a CAGR of 11.5% during the period of study.

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Market Segmentation

On the basis of our in-depth analysis, Global Digital Forensic Market can be segmented as follows:

On the basis of Type

  • Computer Forensics
  • Network Forensics
  • Cloud Forensics
  • Mobile Device Forensics
  • Database Forensic

By Component

  • Hardware (Systems, Network Devices, Cables, Adapters)
  • Software

By Services

  • Digital Investigation and Consulting
  • Incident Response
  • System Integration
  • Training
  • Maintenance and Support

By Verticals

  • Military and Defense
  • Government Agencies
  • Healthcare
  • BFSI
  • Retail and Logistics
  • Telecommunication
  • Media and Entertainment
  • Others (Private Security, etc.)

By Geography

  • North America (US, Canada) {Market Share (%), Market Size (USD Billion), Product Sale (Million Unit)}}
  • Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Product Sale (Million Unit)}}
  • Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion), Product Sale (Million Unit)}}
  • Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Product Sale (Million Unit)}}
  • Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Product Sale (Million Unit)} }
  • Rest of the World {Market Share (%), Market Size (USD Billion), Product Sale (Million Unit)}

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Global Digital Forensics Market Report scope is limited to component (hardware & software), services, and type along with their sub-segmentation i.e. based on type (computer forensics, mobile device forensics, network forensics, and others).

The report is further segmented on the basis of verticals like military & defense, BFSI, retail, automotive, government, healthcare, manufacturing, and others. The regions included in the report include North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. The study emphasizes the benefits of digital forensics with respect to diverse industries and the future prospects of the same.

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