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Global Digital Forensics Market Expanding at a CAGR of 10.8% from 2016 to 2023 – Credence Research

The latest market report published by Credence Research, Inc. “Global Digital Forensics Market – Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016 – 2023,” the digital forensics market was valued at USD 1,880.5 Mn in 2015, and is expected to reach USD 4,291.4 Mn by 2023, expanding at a CAGR of 10.8% from 2016 to 2023.

Market Insights

Digital forensics is a branch of forensic science encompassing the recovery and investigation of material found in digital devices, often in relation to computer crime. Digital forensics investigations have a variety of applications. The world is now wholly dependent on digital devices and this space is continuously evolving. For over a decade, personal computers are being surpassed by mobile devices. Moreover, technologies such as cloud and internet of things are deeply penetrating the IT space defining the future of the cyber world, making digital information more distributed than ever.

Browse the full report Digital Forensics Market – Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016 – 2023 report at http://www.credenceresearch.com/report/digital-forensics-market

The global digital forensics market is represented by key types namely, computer forensics, network forensics, cloud forensics, mobile device forensics, database forensics and others, with computer forensics holding the largest share. Computer forensics was observed to be the largest segment and is anticipated to maintain its lead during the forecast period of 2016 – 2023. The key factors assisting the growth of computer forensics include increased organizational spending in their information technology budgets for computer and network security.

In terms service type, the global digital forensic market is segmented into digital investigation and consulting, system integration, incident response, training and education, and support and maintenance. In 2015, digital investigation and consulting service was observed as the largest segment in global digital forensics market because investigation of root cause in every cyber attack along with full extent of the breach and analyzing depth of infiltration in the system is important and digital investigation and consulting play vital role in this process. The geographical segmentation of global digital forensics market comprises North America, Europe, Asia-Pacific, Latin America and Middle East & Africa further segmented into key countries with highest potential in digital forensics market. Increasing demand for forensics in North America is mainly exhibited from the defense sectors, major IT companies, banking sectors, and law enforcement.

Market Competition Assessment:

The digital forensics market is observed as the most diversified and competitive market comprising large number of players. The market is dominated by several players, depending on their major competencies. The key players in this market are FireEye, Inc., Cellebrite Mobile Synchronization Ltd, Guidance Software Inc, Oxygen Forensic, AccessData Group LLC, LogRhythm Inc and Nuix Pty Ltd.

Browse the full report Digital Forensics Market – Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016 – 2023 report at http://www.credenceresearch.com/report/digital-forensics-market

Key Market Movements:

Rising cases of cybercrime have generated demand for digital forensics
Cloud computing forensics is one of the most potential and emerging branch of digital forensics
The skill set of forensic investigators requires constant upgradation to fight against sophisticated cybercriminals
High level of encryption in new devices is creating challenges for digital forensic experts
Insider attack cases are mounting in private and government organizations and institutions

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About Us:

Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.

Who we are

Credence Research is a worldwide firm, containing more than 15 research consultants and almost 100 research and information professionals.

Our customers mirror our worldwide nature. Around 45% are in Europe, 30% in the Americas, 13% in Asia Pacific and 12% in the Middle East and Africa.

Our firm is intended to work as one. We are a solitary global research organization united by a solid arrangement of qualities, concentrated on customer effect.

What we do

We serve customers at each level of their organization, in whatever limit we can be most helpful, whether as a trusted counsel to top management or as a hands-on mentor for forefront representatives. For each engagement, we collect a group with the most suitable experience and ability.

No matter the challenge, we concentrate on delivering functional and persevering results, and preparing our customers to develop and lead. We join forces with customers to place suggestions into practice. Our research specialist work straightforwardly with customers over long stretches to create workforce aptitudes, drive operational change, and apply new working strategies.

Contact:

Name: Chris Smith

Designation: Global Sales Manager

E-mail: sales@credenceresearch.com

Ph: 1-800-361-8290

Web:  Credence Research

 

Release ID: 3047

About Chris Smith

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