Global Computer Forensic Technologies & Services Market – Insights
Computer forensic technology involves the preservation, identification, extraction, and documentation of computer evidence stored in the form of magnetically encoded information. Latent print analysis, chemical analysis, trace evidence analysis, explosive analysis, questioned document examinations (QDE), and tool market identification are some of the examples of forensic analysis.
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Global Computer Forensic Technologies & Services Market: Drivers
Increasing crime worldwide is expected to boost growth of the global computer forensic technologies and services market. For instance, according to World Health Organization (WHO), each year, 250 thousands homicides occur and are projected to increase mainly in MEA and Asia Pacific regions. Moreover, key players in the market are offering novel services and advanced forensic equipment, which is also expected to aid in growth of the market. For instance, the preference for cartridge and bone fragments has increased over other conventional means of forensics.
Increasing adoption of integrated services is also expected to propel growth of the global computer forensic technologies and services market. For instance, Computer Forensic Services (CFS) and eDirect Impact offer various integrated services such as data recovery and forensic imaging. Moreover, increasing demand for computer forensic technologies and services from government agencies and transparency in process execution is also expected to propel growth of the market. For instance, in May 2018, the Federal Bureau of Investigation (FBI) used digital evidence (left on the suspects’ computers and phones) in a major case in New Jersey in which the convicts provided material support to the Islamic State of Iraq and al-Sham (ISIS).
Moreover, government agencies are also focused on launching computer forensics laboratories, which is expected to boost adoption of computer forensics technologies. For instance, in July 22, 2019, the Boston Division of the Federal Bureau of Investigation announced the start of the new FBI-sponsored New England Regional Computer Forensics Laboratory (NERCFL) in Chelsea, Massachusetts, U.S.
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Global Computer Forensic Technologies & Services Market: Restraints
However, stringent regulatory scenario and complex initial setup are major factors hindering growth of the market.
Global Computer Forensic Technologies & Services Market: Opportunities
R&D in the field of computer forensics is expected to offer lucrative growth opportunities for players in the global computer forensic technologies & services market. For instance, in July 2019, a team of researchers from Purdue University, developed a technical forensic process that consists of ten technical phases for the analysis of Remotely Piloted Aerial Systems (RPAS) forensic artifacts. The findings are expected to mitigate the complexity of the identification and investigation of drones.
Market Taxonomy:
The global computer forensic technologies and services market is segmented on the basis of products, services, and region.
On the basis of products, the global computer forensic technologies and services market is segmented into:
- By Products
- DNA Testing
- Biometric Testing
- Ballistic Forensic
- Digital and Computer Forensic
- Others
On the basis of products, the global computer forensic technologies and services market is segmented into:
- By Service
- Laboratory Forensic
- Forensic Consulting
- Others
On the basis of products, the global computer forensic technologies and services market is segmented into:
- By Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East
- Africa
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Global Computer Forensic Technologies & Services Market: Regional Analysis
North America is expected to hold dominant position in the global computer forensic technologies and services market over the forecast period, owing to technological advancements computer forensics and increasing demand for forensic technologies and services in North America. U.S. is expected to account for major market share followed by Canada in North America market. Key players in the market are focused on offering novel products to enhance their market share. For instance, in January 2015, Illumina, Inc. launched HiSeq 3000/4000 Systems and HiSeq X Five System in its comprehensive next generation sequencing portfolio.
Europe is expected to follow North America in terms of market growth, owing to increasing inorganic activities in the region. For instance, in June 2011, IntegenX, Inc. partnered with Key Forensics Sciences Ltd. (KFS), under which KFS accesses IntegenX’s RapidHIT 200 Early Access Program to expand its forensic services in the U.K.
Increasing government initiatives to decrease crime related activities is expected to boost growth of Asia Pacific computer forensic technologies and services market.
Global Computer Forensic Technologies & Services Market: Competitive Landscape
Major players operating in the global computer forensic technologies and services market include, Agilent Technologies, Inc., Creative Forensic Services, eDirect Impact, LLC, Capsicum Group LLC, Computer Forensic, Inc., Illumina, Inc., BAE Systems plc, and others.
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