KD Market Insights has published a report on global Digital Forensics market research report. The report offers valuable market insights drivers which would aid the industry leaders to develop and line up their market strategies supported by reliable and accurate data. According to KD Market Insights report, the global Digital Forensics market is expected to grow at a CAGR of XX.X% during the forecast period i.e. 2020-2025. The market was held to USD XX.X Million in 2019 and is projected to reach to a valuation of USD XX.X Million in 2025. The report covers a detailed chapter on market segmentation of Digital Forensics market covering market segments by component type, type, tool and vertical.

The report offers an exhaustive analysis of the market trends, opportunities, growth areas and industry drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Overview:

Digital forensics is a branch of forensics where recovered evidence found in computers, tablets, smartphones, cloud services, etc. Digital forensic research helps stop cyber-crimes or cyber-attacks and also allows organizations to carry out certain miscellaneous operations. The key method followed to perform a forensic would be the collection, examination, and preservation of the data. Digital forensics helps to save both credibility and money.

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Market Insights :

Increasing usage of IoT devices

IoT refers to interconnected devices that communicate and interact with each other all the time. In many application areas, the widespread use of IoT devices is observed, such as smart city programs, smart transportation, vehicle communication, and autonomous vehicles, smart grids, and smart homes. The growing computing power of IoT system processors has created a connected environment and simplified tasks which have been difficult to perform by conventional means. IoT computers are a good target for cybercriminals. Adopting the best-in-class digital forensic tools and facilities that will assist in retrieving the data loss in an unexpected incident is important for companies and organizations. The growing use of IoT devices is expected to increase demand for digital forensic solutions, and services are expected to propel the global digital forensics industry.

Rising usage of Crypto Currencies

Cryptography guarantees the confidentiality, honesty, non-repudiation, and authentication of data exchanged between 2 parties. However, even cases of fraud are rising with the crypto-currency rise. Cryptocurrencies are subject to cyber-attacks on account of financial profits, geographic rivalry, interpersonal rivalry, and loss of credibility. The artifacts can be difficult to detect when a crypto-currency fraud occurs. It will take an effective digital forensic solution to retrieve the vital data that could have been lost during the storage or trading of crypto-currency. Therefore, crypto-currency is one of the prime places where cybercriminals can explore, which in turn is anticipated to spark the need for digital forensics.

Segmentation Analysis

By Component

  • Hardware
  • Forensic Systems
  • Forensic Devices
  • Forensic Write Blockers
  • Others (includes cables, adapters, hard drive enclosures, batteries, and storage devices)
  • Software
  • Services
  • Professional Services
  • Digital Investigation and Consulting
  • Incident Response
  • System Integration
  • Training and Education
  • Support and Maintenance
  • Managed Services

By Type

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

By Tool

  • Forensic Data Analysis
  • Data Acquisition and Preservation
  • Data Recovery
  • Review and Reporting
  • Forensic Decryption
  • Others (include file viewers, registry analysis tools, and email analysis tools)

By Vertical

  • Government and Defense
  • BFSI
  • Telecom and IT
  • Retail
  • Healthcare

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This research report studied the Digital Forensics market to forecast the revenues and analyze the trends in 5 regions i.e. North America, Europe, Asia Pacific, Latin America and Middle East & Africa. This chapter of the report presents a comparison between emerging regions and developed regions to highlight the key factors and industry trends impacting the overall Digital Forensics market. Country analysis is also covered for various major economies across various regions:

  • North America (U.S. & Canada)
  • Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)
  • Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific)
  • Latin America (Brazil, Mexico, Argentina and Rest of Latin America)
  • Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa)

This study evaluates and categorizes the key vendors in the Digital Forensics market. The key companies published in the report include among others, AccessData, Perkinelmer Inc., Guidance Software Inc., OXYGEN FORENSICS, Paraben Corporation, Cisco Systems, IBM Corporation, SecureWorks Inc., Stroz Friedberg LLC, Guardian Digital Forensics and other major & niche players.

The competitive strategic window analyses the competitive landscape in terms of the market share and company profiles of major vendors. This section provides company’s metrics such as business strategy and performance such as financials, sales breakup by segment and by geography, SWOT Analysis, company snapshot, business strategy, key product offerings, marketing and distribution strategies, recent news & development and other market activities.

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Why you should buy this research report:

In the past years, the Digital Forensics has grown at a significant rate and key decision makers are in need of market data to make vital decisions with regard to acquire more market share in Digital Forensics market. This report will help you:

  1. Obtain Full Understanding Of Global Digital Forensics Industry Through The In-Depth Coverage
  2. Gain Insights Into Market Expansion Across Countries
  3. Expand Your Product Line To Generate High Revenue And Growth Opportunities.
  4. Understand Latest Market Trends And Formulate Business Strategies Accordingly.
  5. Acquire More Market Share Through Strategic Decisions Based On Report Insights.
  6. Gain Insights About Key Financial Ratio And Business Strategies.

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