Enhancing Security Measures: Global Digital Forensics Market Set for Robust Expansion
The Business Research Company’s Digital Forensics Global Market Report 2023 – Market Size, Trends, And Global Forecast 2023-2032
LONDON, GREATER LONDON, UK, October 24, 2023 /EINPresswire.com/ -- The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032.
Market Size and Projections:
The global digital forensics market, presently valued at $10.27 billion in 2022, is expected to surge to $11.77 billion in 2023, demonstrating a substantial compound annual growth rate (CAGR) of 14.7%. Despite challenges stemming from the Russia-Ukraine conflict, the market is anticipated to attain significant growth, reaching $20.10 billion in 2027 at a CAGR of 14.3%.
Driving Factors:
The escalating cybersecurity threats are identified as the primary drivers propelling the growth of the digital forensics market. With cyberattacks on the rise globally, digital forensic techniques play a crucial role in investigating, analyzing, and providing essential evidence for incident response and risk mitigation.
Market Trends:
Technological advancements are at the forefront of market trends, with companies incorporating innovative technologies to reinforce their position in the digital forensics landscape. The launch of LabVantage Forensic Navigator by LabVantage Solutions Inc. serves as a testament to the industry's commitment to streamlining forensic processes and improving investigation efficiency.
For a sample of the comprehensive market report, click here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=12537&type=smp
Key Players:
Major players in the digital forensics market include International Business Machines Corporation, Cisco Systems Inc., OpenText Corporation, and others.
Strategic Acquisition:
In an important acquisition, Forensic Access Limited acquired IntaForensics Limited, strengthening its position and expanding its offerings in the digital forensics domain.
Market Segments:
• By Type: Computer Forensics, Network Forensics, Mobile Device Forensics, Cloud Forensics
• By Component: Hardware, Software, Services
• By Tool: Data Acquisition And Preservation, Data Recovery, Forensic Data Analysis, Forensic Decryption, Review And Reporting, Other Tools
• By Vertical: Government And Defense, Banking, Financial Services, And Insurance, Telecom And Information Technology, Retail, Healthcare, Other Verticals
Regional Insights:
While North America currently holds the largest share in the digital forensics market, the Asia-Pacific region is expected to exhibit the highest growth during the forecast period.
Access the complete report detailing market trends, player insights, and regional analysis here:
https://www.thebusinessresearchcompany.com/report/digital-forensics-global-market-report
Digital Forensics Global Market Report 2023 from TBRC covers the following information:
• Market size date for the forecast period: Historical and Future
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Trends, opportunities, strategies and so much more.
The Digital Forensics Global Market Report 2023 by The Business Research Company is the most comprehensive report that provides insights on digital forensics market size, digital forensics market drivers and trends, digital forensics market major players, digital forensics market competitors' revenues, digital forensics market positioning, and digital forensics market growth across geographies. The digital forensics market report helps you gain in-depth insights on opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.
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