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Digital Forensics Market Projected to Hit USD 22.3 Billion at a 11.40% CAGR by 2030 – Report by Market Research Future (MRFR)

Overview

The Digital Forensics Market is projected to grow at a CAGR of 11.40% during the forecast period 2022-2030. As per the digital forensics market research report, the global market for digital forensics is anticipated to grow rapidly by USD 22.3 Billion by 2030. As per analysts, popularity of connected devices along with increasing demand for IoT implementation will drive the market growth throughout the forecast period. The market research report provides an in-depth analysis of the global market and its application, deployment, type, and component segments. Concerns regarding efficiency as well as effectiveness of solutions are the factors which could affect the market growth during the forecast period. The market research report by expert analysts is intended to help companies in the digital forensics market.

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Market Segmentation:

The global digital forensics market has been segmented based on application, deployment, type, and component. On the basis of application, the market for digital forensics is segmented based on aerospace & defense, education, healthcare, IT & telecommunication, legal & professional, media & entertainment, military & defense and government & law enforcement agencies, transportation & logistics, BFSI. Additionally, the market on the basis of deployment, is segmented into cloud and on premise. The global market for digital forensics is also covered based on type segment which is further split into cloud forensics, mobile device forensics, network forensics, and computer forensics. On the basis of component, the market for digital forensics is segmented based on hardware, software and service.

Key influences such as limited technical expertise could obstruct the digital forensics market growth. However, as per the market research report, increasing cyber crimes as well as the demand for risk remediation will drive growth during the forecast period. These key growth factors will help support the market growth at a high CAGR. The segmental analysis of application, deployment, type, and component segments as well as regional market analysis has been presented in the global market research report. Analysts studying the market have presented projections in the market research report assisting market-based companies in numerous ways. The market research report offers crucial details about the market based on the data and forecasts till 2030.

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Segment Overview:

The global digital forensics market is segmented by type, component, deployment, and application.

By Type:

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

By Component:

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

By Application:

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

By Deployment:

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

Regional Overview:

North America, Europe, Asia Pacific and the rest of the world regional market for digital forensics are primarily covered in the global digital forensics market research report. The report also covers country-level markets spread across North America – the United States, Canada, and Mexico. In South America – Brazil and other country-level markets are covered in the report. In Asia-Pacific (APAC) region, the country-level markets covered are China, India, Japan, and others. The market research report also covers the regional market for digital forensics spread across European countries including the United Kingdom, France, Italy, Spain, and Germany, etc. The market research report further explores other regional markets from the rest of the world including digital forensics markets of the Middle East and Africa. As per the global market research report.

Competitive Landscape:

Card based payments and increasing popularity of mobile commerce are expected to accelerate the market growth worldwide. The global digital forensics market is set to witness challenges including complex and expensive deployment, however, companies in the market will sustain the growth rate. The market research report also offers company profiles of key players operating in the market around the world. Additionally, the global market report provides detailed analysis of the market based on primary and secondary research data collected from the market’s key decision makers as well as stakeholders. The market research report covers all such factors assisting companies in the market to improve their plans and portfolio.

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Industry News:

Booz Allen Hamilton has reported a strategic investment to Tracepoint, a consulting company with Top 250 MSSP. The investment comes following Booz Allen’s selection as EVP to Andrew Turner as a veteran of the cyber security industry in December 2020. Booz Allen’s commitment to provide cybersecurity services and solutions to global companies was demonstrated by the Tracepoint investments, Bill Phelps, an EVP of Booz Allen’s global company.

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About Market Research Future:

Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis regarding diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions. 

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