Digital
forensics is mostly used to collect, identify, extract and
analyze evidence from computers, hard disks, mobiles, laptops and
other digital devices. This technology is implemented in civil and
criminal court cases along with different other private organizations
for internal investigations. Moreover, digital forensics has become a
key asset in addressing employee theft, particularly in banking,
defense, and IT industries. In addition, these devices are used for
mobile data recovery and crimes related to cloud computing.
With
the continuous advancements in forensic technology, investigators are
able to collect and analyze clear and accurate data across multiple
devices. The global digital forensics market has been segmented on
the basis of types and industry uses. A cross sectional study of the
global digital forensics market across four major geographical
segments has also been covered under the purview of the report.
Growing
cyber crimes coupled with rising safety concern have led to a rise in
the implementation of digital forensic tools in various industries.
Digital forensic technology plays an integral role in preventing
internet related crimes and misuse of company data. Moreover, cyber
crime is accelerating at an alarming rate and digital forensics acts
as an essential element that has the power to encumber the progress
of such criminals. Due to increasing security concerns across
different verticals, such as law enforcement, defense, banking,
health care, information technology, education, and logistics, among
others, the market for digital forensics is witnessing substantial
growth currently. In addition, due to rapid advancements in forensic
technology, such as the ability to recover complex data from
electronic devices, fingerprint recovery from metals, and DNA
profiling, prices of forensic tools have reduced, which in turn has
increased the affordability of forensic applications along with their
market penetration. Considering all these factors, the global digital
forensics market is expected to grow at a potential rate during the
forecast period from 2015 to 2021.
In
the near future, with developments in digital forensic research,
digital forensic tools would be further used in health care,
education, transport, and other application areas. Moreover, forensic
tools would find potential applications in mobile data recovery and
crimes related to cloud computing. This would lead to more efficient
and better coordinated detection, analysis, and presentation of data
in courts of law. In order to cater to the needs of digital
forensics, companies are coming up with new innovative products that
can effectively collect, preserve, analyze, and present evidence
obtained from digital sources. Furthermore, new players with advanced
systems that come with better reliability and accuracy are likely to
emerge in the market, in order to meet the challenging technical
aspects along with judicial and legal issues. However, rising
complexity of mobile devices and increasing snooping activities by
government are some of major factors inhibiting the growth of the
global market for global digital forensics.
This
market research study focuses on the global digital forensics market
and provides estimation in terms of revenue (USD Billion) from 2015
to 2021. It identifies the drivers and restraints affecting the
industry and analyzes their impact over the forecasted period from
2015 to 2021. Moreover, it recognizes the significant opportunities
for market growth in the years to come.
The
competitive profiling of the major players in the global digital
forensics market and their market shares across the four broad
geographic regions namely, North America, Europe, Asia Pacific and
Rest of the World (RoW) have been incorporated in this report.
Furthermore, key business strategies adopted by the leading players
have been included in this report.
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