Global Digital Forensics Market is forecasted to hit US$ 13.93 Billion by 2028, according to Renub Research. The modern world has witnessed an increased dependence on the latest digital technology. With the widespread adoption of the internet, smartphones, social media platforms like Facebook, Internet of Things (IoT), GPS, fitness trackers, and even smart cars, it has become increasingly difficult for digital forensics investigators to retrieve digital data.

1. Digital Forensics Market shall
grow at a CAGR of 13.50%
from 2022 to 2028
Base Year: 2022
Market Research & Advisory

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Digital Forensics Market
According to Renub Research’s latest report, “Digital Forensics Market, Size, Global Forecast 2023-2028, Industry
Trends, Growth, Share, Outlook, Impact of Inflation, Opportunity Company Analysis” Digital Forensics Market is
estimated to reach US$13.93 Billion by 2028. Digital forensics is a versatile field of investigation that can disclose
digital evidence related to various electronic device-related crimes and incidents. It may include cyber bullying,
hacking, financial fraud, intellectual property theft, data breaches, insider threats, network intrusions, and other
computer-related offenses.
Apart from criminal investigations, digital forensics can have diverse applications in civil litigation cases,
employment disputes, and internal investigations within organizations. The primary objective of digital forensics is to
gather electronic data in a legally defensible manner. This data is then analyzed and presented in a way that is
admissible in a court of law.
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forensics-market-p.php
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Digital Forensics Market
Digital forensics market has evolved from investigating minor computer
crimes to complex international cases with global impact, involving
recovering and analyzing digital evidence from electronic devices related
to computer crimes. The rapid use of Internet of Things (IoT) devices,
stringent government regulations, and the rise in cyber-attacks on
businesses and other malpractices drive the demand for digital forensics
software.
In addition, Cloud adoption and BYOD policies have increased with digital
transformation, in enterprises to address challenges such as digital device
forensic analysis, IT security, incident response, and streamlining
business tasks. Despite challenges such as a shortage of skilled
professionals and a need for preplanning investments, organizations can
overcome these issues by investing in top digital forensic vendors who
can analyze and reconstruct data for threat protection and investigation.
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Digital Forensics Market
Network Forensics dominates the digital forensics market due to the Rapid Expansion of Wireless and
Internet Connectivity
Many organizations extensively use network forensics to provide mobile internet access to users, but they remain
vulnerable to interception during data transmission. However, to deal with such issues, network forensics has
emerged as an essential practice for capturing, recording, and analyzing network packets to identify the source of
network security attacks. Unfortunately, using security mechanisms such as Wired Equivalent Privacy (WEP) and
Wi-Fi Protected Access (WPA) does not guarantee wireless communication security. As a result, network forensics
is recognized as a critical solution in the technology industry, leading to more significant investments in security
measures.
Increasingly use of Software devices will surge the demand for Forensics Software in the Digital Forensics
Market
The rapid advancement of technology has made it accessible for cybercriminals to commit crimes and hide their
tracks. In addition, advances in forensic software tools have also made it easier for investigators to detect and trace
digital evidence. Software-based digital forensics tools are widely available and can be easily accessed online.
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Digital Forensics Market
It uses to collect raw data from digital storage devices, including the recovery of hidden and deleted files, in support
of e-discovery and makes them accessible to a broader range of users, including law enforcement agencies, legal
professionals, and private investigators. However, the rise of cybercrime, including hacking, identity theft, and data
breaches, has created a greater demand for forensic software tools.
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forensics-market-p.php
Government and Defence segment will flourish in the Coming Years in Digital Forensics Market
As the industry deals with highly confidential data vulnerable to hacking and other personnel misbehavior, ensuring
the integrity and availability of data to relevant personnel becomes a necessity and a significant concern. It can
attribute to their essential responsibility for ensuring national security, their substantial budgets that allow for
investments in advanced digital forensics technologies and tools, the need to protect critical infrastructure such as
power plants, transportation systems, and communication networks, and their strict regulatory compliance
requirements such as FISMA and HIPAA.
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Digital Forensics Market
These factors significantly influence the development and advancement of
digital forensics tools and technologies, making these sectors essential players
in the market.
North America dominates the Digital Forensics Market Share
The North American digital forensics market is growing due to the rapidly
increase of mobile devices such as cell phones, laptops, and USBs for business
continuity and law enforcement, increasing the incidence of cyber-attacks in the
region. In addition, the broad adoption of regulatory data requirements by all
businesses and the quick response of the cloud drive the area significantly. For
example, cyber-attacks on central US banks, including Bank of America,
Citigroup, JPMorgan Chase, and Wells Fargo, resulted in consumer data
exposure due to muscular network weaknesses. In response, federal officials
recommended that these banks monitor their network activities, driving the
region’s demand for digital forensics solutions.
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Digital Forensics Market
Competitive Landscape:
Companies compete in the Digital Forensic market by developing
innovative solutions which offer various digital forensic services,
including data recovery, computer, and mobile device forensics,
incident response, malware analysis, and forensic auditing. Major
players competing in the Global Digital Forensic market are IBM,
Micro Systemation AB, Open Text Corporation, Nuix Pty Ltd,
KLDiscovery Inc., Cisco Systems, Inc., Trend Micro Incorporated,
Secureworks Inc. (Dell Technologies, Inc.
In January 2022, STG, the company that acquired FireEye’s name
and products business, announced the launch of Trellix. Trellix is
an extended detection and response company that combines
FireEye and the McAfee enterprise business.
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Digital Forensics Market
Market Summary:
• Types – The report covers Digital Forensic Market in 4 viewpoints (Computer Forensics, Network Forensics,
Mobile Device Forensics, and Cloud Forensics).
• Components – Digital Forensic Market is classified into three viewpoints (Software, Hardware, and Services).
• Region – Digital Forensic Market breakup into 5 viewpoints (North America, Europe, APAC, EMEA, and Latin
America
• End Users: – Global Digital Forensic Market break up into 6 viewpoints (BFSI, Healthcare& Life Science, Govt.&
law Enforcement, Defence& Aerospace, IT&Tc, and Others.)
• Key Players: – The major players in the industry have provided their respective viewpoints on their company’s
overview, recent developments, and revenue. IBM, Micro Systemation AB, Open Text Corporation, Nuix Pty Ltd,
KLDiscovery Inc., Cisco Systems, Inc., Trend Micro Incorporated, and Secure works Inc. (Dell Technologies, Inc)
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