Global Digital Forensics Market is Expected to Reach $7 Billion by 2024,

Says Variant Market Research

Global Digital Forensics Market Report, published by Variant Market Research,
forecast that the global market is expected to reach $7 billion by 2024 from $3 billion in
2016, growing at a CAGR of 12.6% from 2016 to 2024. By geography, Asia-pacific and
Rest of the World (RoW) are expected to grow at a CAGR of 18.1% and 13.8%,
respectively, during the forecast period. Digital forensics is a procedure of recovery and
interpretation of data found in digital devices for use in a court of law. Digital forensic
investigation includes three stages such as acquisition of exhibits, investigation, and
reporting. Increase in cybercrime and innovation in digital forensic research show an
increased trend for digital forensics market in near future. Increase in sophisticated
digital crime and terrorist attack, rise in security concerns across different industries,
and economic growth in developing countries are the major factors driving the global
digital forensics market. However, rising complexity of mobile devices and increased
utilization of cloud based applications may restrain the market growth in coming years.
Innovation in digital forensic tools would provide several growth opportunities for the
market in coming years.
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The global digital forensics market is categorized on the basis of type and application.
By type, the market is segmented into computer forensics, network forensics, cloud
forensics, mobile device forensics, database forensics and others. By application, the
market is further divided into law enforcement, healthcare, education, banking, financial
services & insurance, information technology, transportation & logistics, and defense &
aerospace. Geographically, the market is categorised into North America, Europe, Asia-
Pacific and Rest of the World (RoW).

By type, computer forensics accounted for the largest market share in 2016, owing to
extensive usage of computer forensics in both private and criminal law investigation, in
order to examine, and recover data or evidence related to computer crime. The law
enforcement segment accounted for the largest market share in the overall application
segment in 2016, due to increased implementation of digital forensics in collecting,
analyzing and presenting data as evidences in a court of law. The education segment is
expected to grow at the fastest CAGR during the forecast period, driven by growing
requirement for cyber security in education industry.

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Based on geography, the global digital forensics market has been segmented into North
America, Europe, Asia-Pacific and (RoW). The U.S., Mexico and Canada are covered
under North America wherein Europe covers Germany, UK, Italy, and others. Asia-
Pacific covers China, India, Japan, South Korea, and others. Rest of the World (RoW)
covers South America, Middle East and Africa.

Major companies operating in the digital forensics market are Global Digital Forensics,
Binary Intelligence, LogRhythm, Inc., ASR Data, Paraben Corporation, Guidance
Software, Inc., Access Data Group, FireEye Inc., Digital Detectives and Lancope, Inc.,
among others.

Scope of Digital Forensics Market

Type Segments

Network Forensics
Computer Forensics
Mobile device Forensics
Cloud Forensics
Database Forensics
Others

Application Segments

Law Enforcement
Healthcare
Education
Banking, Financial services & Insurance (BFSI)
Information Technology
Transportation & Logistics
Defense & Aerospace

Geographical Segments

North America
o US
o Canada
 o Mexico
Europe
o Germany
o France
o United Kingdom
o Spain
o Others
Asia-Pacific
o China
o India
o Japan
o South Korea
o Others
RoW
o South America
o Middle East
o Africa

Table Of Content
Chapter 1. Prefix
1.1 Market Scope
1.2 Report Description
1.3 Research Methodology
1.3.1 Primary Research
1.3.2 Secondary Research
1.3.3 In-house Data Modeling

Chapter 2. Executive Summary

Chapter 3. Market Outline

3.1 Market Inclination, Trend, Outlook and Viewpoint
3.2 Market Share Analysis: Companys Competitive Scenario
3.3 Value Chain Analysis
3.4 Market Dynamics
3.4.1 Drivers
3.4.1.1 Impact Analysis
3.4.2 Restraints
3.4.2.1 Impact Analysis
3.4.3 Opportunities
 3.5 Porters five forces analysis
3.5.1 Factors Impact Analysis
.
Chapter 7. Company Profiles
7.1 Access Data Group
7.2 Binary Intelligence
7.3 Guidance Software, Inc.
7.4 Paraben Corporation
7.5 Lancope, Inc.
7.6 Global Digital Forensics
7.7 Digital Detectives
7.8 ASR Data
7.9 LogRhythm, Inc.
7.10 FireEye Inc.

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