At present, digital forensics technology is employed in civil court and criminal cases and is also utilized in the private sector for carrying on internal investigations. Industrial espionage, cyber-attacks, identity fraud, information security breaches, financial fraud, and a number of other types of illegal activities can be detected by using the technology of digital forensics. The utilization of this technology is on the rise in courts owing to the immense increase in the employment of electronic devices. It is also being highly adopted in private and Government Company networks due to the increasing count of attacks in different regions globally.
This report presents the competitive evaluation along with region-specific evaluation on the global digital forensics market. It identifies the key restraints and drivers in the market along with presenting the definition of the market. The prime factors responsible for altering the market scenarios, the identification of prominent companies impacting the market, and the primary opportunities present in the market have also been review in detail under this study.
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The study also encapsulates an evaluation and identification of the micro and macro factors impacting the market for digital forensics on both regional and global levels. The competitive landscape section of this study presents the leading market players and presents an evaluation of their top financial information and their strategic interests. A detailed insight on the regions in which the digital forensics market is on the boom also forms a fundamental part of this research report.
Digital Forensics Market: Drivers and Restraints
The growing threats from terrorist and crime attacks and the rising security concerns in numerous industries globally are the top factors providing impetus to the development of the global digital forensics market. In addition, the swift economic development in emerging nations will also bode well for the growth of the overall market. Furthermore, owing to the immense development in technology, the count of mobiles, computers, and other types of electronic devices is predicted to rise, which will further augment the development of the global digital forensics market.
The wide application areas such as defense and aerospace, transport, education, and healthcare, among others, of digital forensics technology will also bolster the growth of this market. Furthermore, developments in digital forensic tools have emerged as key opportunities in the market. On the other hand, the rising employment of cloud-based applications and the consistent threat of security may impede the development of the global digital forensics market. The increasing complexity of mobile devices may also work against the development of the global digital forensics market.
Digital Forensics Market: Region-wise Outlook
On the basis of geography, the global digital forensics market is segmented into Asia Pacific, North America, Europe, and Rest of the World (RoW). Of these, the North America digital forensics market represented the most significant share of around 53% in the market in terms of revenue. The reason for the superiority of this region is owing to the rising expending on forensic tools in different industries of this region. In addition, this technology is being employed by the FBI and the state police departments in order to prevent illegal activities in various parts of Canada and the U.S.
Key players Mentioned in the Report are:
The leading players in the global digital forensics market are LogRythm, Inc. (U.S.), Guidance Software, Inc. (U.S.), AccessData Group, Inc. (U.S.), Binary Intelligence (U.S), Paraben Corporation (U.S.), Fireeye Inc. (U.S.), ASR Data (U.S.), Lancope, Inc. (U.S.), Digital Detectives (U.S.), and Global Digital Forensics (U.S.), among others.