Product Code: CMI1522
The digital forensics market is estimated to be valued at USD 7.12 billion in 2024 and is expected to reach USD 15.52 billion by 2031, exhibiting a compound annual growth rate (CAGR) of 11.8% from 2024 to 2031.
Figure 1. Digital Forensics Market Share (%), By Region, 2024
The digital forensics market is set for rapid growth in the coming years driven by increasing cybercrime and the focus on cybersecurity by organizations globally. Digital forensics refers to the process of identifying, preserving, analysing, and presenting digital evidence in a manner that is legally acceptable. With most data either directly or indirectly living in a digital medium, digital forensics has emerged as a critical tool for law enforcement agencies and enterprises to investigate cybercrimes, data breaches, IP thefts, and other digital illegal activities. Growing digitization across industries, rising complexity of cyber threats, and stringent data privacy regulations are expected to boost the demand for digital forensic solutions.
Market Dynamics:
The global digital forensics market is primarily driven by the rising instances of cybercrimes targeting individuals and organizations. Cybercriminals continuously evolve their techniques to exploit vulnerabilities, resulting in increased financial and data losses. This has compelled law enforcement agencies and enterprises to strengthen their digital investigations capabilities. Additionally, favorable regulations such as GDPR that mandate data breach disclosure are prompting companies to bolster forensic readiness. However, factors such as the lack of cybersecurity skills and the complexity of technologies pose challenges. The ongoing development of automated forensic tools presents significant opportunities to improve the efficiency and speed of investigations.
Key Features of the Study:
This report provides an in-depth analysis of the global digital forensics market, and provides market size (USD Billion) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global digital forensics market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include AccessData Group LLC, ADF Solutions, Binary Intelligence LLC, Cellebrite Paraben, Cisco Systems Inc., Coalfire, Digital Detective, FireEye Inc., Guidance Software Inc., IBM Corporation, KLDiscovery Inc., LogRhythm, Magnet Forensics, MSAB, OpenText Corporation, Oxygen Forensics, and Paraben Corporation
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global digital forensics market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global digital forensics market
Detailed Segmentation-
- By Type
- Mobile Forensics
- Computer Forensics
- Network Forensics
- Other Types
- By Component
- Hardware
- Software
- Services
- By Industry Vertical
- Government and Defense
- BFSI
- Telecom and IT
- Retail
- Healthcare
- Others
- By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East
- Africa
- Key Players Insights
- AccessData Group LLC
- ADF Solutions
- Binary Intelligence LLC
- Cellebrite Paraben
- Cisco Systems Inc.
- Coalfire
- Digital Detective
- FireEye Inc.
- Guidance Software Inc.
- IBM Corporation
- KLDiscovery Inc.
- LogRhythm
- Magnet Forensics
- MSAB
- OpenText Corporation
- Oxygen Forensics
- Paraben Corporation
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Type
- Market Snippet, By Component
- Market Snippet, By Industry Vertical
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Regulatory Scenario
- Industry Trend
- Merger and Acquisitions
- New System Launches/Approvals
- Impact of COVID-19 Pandemic
4. Global Digital Forensics Market, By Type, 2019-2031 (USD Billion)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020-2031
- Segment Trends
- Mobile Forensics
- Introduction
- Market Size and Forecast, 2019-2031, (USD Billion)
- Computer Forensics
- Introduction
- Market Size and Forecast, 2019-2031, (USD Billion)
- Network Forensics
- Introduction
- Market Size and Forecast, 2019-2031, (USD Billion)
- Other Types
- Introduction
- Market Size and Forecast, 2019-2031, (USD Billion)
5. Global Digital Forensics Market, By Component, 2019-2031 (USD Billion)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020-2031
- Segment Trends
- Hardware
- Introduction
- Market Size and Forecast, 2019-2031, (USD Billion)
- Software
- Introduction
- Market Size and Forecast, 2019-2031, (USD Billion)
- Services
- Introduction
- Market Size and Forecast, 2019-2031, (USD Billion)
6. Global Digital Forensics Market, By Industry Vertical, 2019-2031 (USD Billion)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020-2031
- Segment Trends
- Government and Defense
- Introduction
- Market Size and Forecast, 2019-2031, (USD Billion)
- BFSI
- Introduction
- Market Size and Forecast, 2019-2031, (USD Billion)
- Telecom and IT
- Introduction
- Market Size and Forecast, 2019-2031, (USD Billion)
- Retail
- Introduction
- Market Size and Forecast, 2019-2031, (USD Billion)
- Healthcare
- Introduction
- Market Size and Forecast, 2019-2031, (USD Billion)
- Others
- Introduction
- Market Size and Forecast, 2019-2031, (USD Billion)
7. Global Digital Forensics Market, By Region, 2019-2031 (USD Billion)
- Introduction
- Market Share Analysis, By Region, 2024 and 2031 (%)
- North America
- Regional Trends
- Market Size and Forecast, By Type, 2019-2031 (USD Billion)
- Market Size and Forecast, By Component, 2019-2031 (USD Billion)
- Market Size and Forecast, By Industry Vertical, 2019-2031 (USD Billion)
- Market Share Analysis, By Country, 2024 and 2031 (%)
- Europe
- Regional Trends
- Market Size and Forecast, By Type, 2019-2031 (USD Billion)
- Market Size and Forecast, By Component, 2019-2031 (USD Billion)
- Market Size and Forecast, By Industry Vertical, 2019-2031 (USD Billion)
- Market Share Analysis, By Country, 2024 and 2031 (%)
- U.K.
- Germany
- France
- Russia
- Rest of Europe
- Asia Pacific
- Regional Trends
- Market Size and Forecast, By Type, 2019-2031 (USD Billion)
- Market Size and Forecast, By Component, 2019-2031 (USD Billion)
- Market Size and Forecast, By Industry Vertical, 2019-2031 (USD Billion)
- Market Share Analysis, By Country, 2024 and 2031 (%)
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Regional Trends
- Market Size and Forecast, By Type, 2019-2031 (USD Billion)
- Market Size and Forecast, By Component, 2019-2031 (USD Billion)
- Market Size and Forecast, By Industry Vertical, 2019-2031 (USD Billion)
- Market Share Analysis, By Country, 2024 and 2031 (%)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Middle East and Africa
- Regional Trends
- Market Size and Forecast, By Type, 2019-2031 (USD Billion)
- Market Size and Forecast, By Component, 2019-2031 (USD Billion)
- Market Size and Forecast, By Industry Vertical, 2019-2031 (USD Billion)
- Market Share Analysis, By Country, 2024 and 2031 (%)
- South Africa
- GCC Countries
- Rest of the Middle East and Africa
8. Competitive Landscape
- Company Profiles
- AccessData Group LLC
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- ADF Solutions
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Binary Intelligence LLC
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Cellebrite Paraben
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Cisco Systems Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Coalfire
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Digital Detective
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- FireEye Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Guidance Software Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- IBM Corporation
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- KLDiscovery Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- LogRhythm
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Magnet Forensics
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- MSAB
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- OpenText Corporation
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Oxygen Forensics
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Paraben Corporation
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
9. Wheel of Fortune
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
10. Research Methodology
- References
- Research Methodology
- About us and Sales Contact