MRRSE has announced the addition of the “Digital Forensics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021” report to their offering.
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Digital forensics market primarily driven by alarming rise in security threats
1. Digital Forensics Market Primarily Driven by Alarming Rise in
Security Threats
Report Description
The global market for digital forensics has been covered
under the scope of this report. Digital forensics is a process
of recovery and interpretation of data found in digital devices
2. for use in a court of law and is mostly related to computer
crime. Digital forensic investigation comprises three stages,
which includes acquisition of exhibits, investigation, and
reporting. Law enforcement agencies and various stakeholders
are using digital forensics to keep up with the increasing
technological innovations and commercialization.
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The major driving factors of the global digital forensics
market are increasing threats from crime and terrorist
attacks. Moreover, rising security concern across different
industries along with rapid economic growth in emerging
3. markets are expected to fuel the growth of global digital
forensics market. Due to rapid development in technology,
the number of computer, mobiles, and other electronic
devices is anticipated to grow exponentially, which in turn is
expected to drive the growth of the market for digital
forensics during the forecast period from 2015 to 2021.
Furthermore, with rapid innovation in digital forensic
research in the future, digital forensic tools would find wide
range of applications in health care, education, transport,
defense and aerospace, and other application areas. However,
increased utilization of cloud based applications and
persistent threat of government snooping are some of the
major factors hindering the growth of the market for digital
forensics.
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The global digital forensics market, by types is divided
broadly into five major segments into: computer forensics,
network forensics, cloud forensics, mobile device forensics,
database forensics and others. Computer forensics held the
largest share of global digital forensics market in 2014. There
has been a surge in dependence on computers and Internet
among both government and corporate organizations which
have significantly resulted in increase in cyber crimes and
cyber frauds. Thus computer forensic tools are widely used in
both private investigation and criminal law, in order to
5. analyze, examine, and recover data or evidence that is
related to computer crime.
The global digital forensics market by end users industry is
bifurcated into seven segments: law enforcement, healthcare,
education, banking, financial services and insurance,
information technology, transportation and logistics, defense
and aerospace. Law enforcement segment contributed to the
largest market share in 2014, primarily due to increasing
implementation of digital forensics in collecting, analyzing
and presenting data as evidences in a court of law.
Moreover, terrorism and security threats are prevented on the
basis of digital traces and thus digital forensics is becoming a
vital tool for defense and law enforcement among others.
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The global digital forensics market has been segmented
broadly into four regions: North America, Europe, Asia
Pacific and RoW (Rest of the World). In terms of revenue,
North America acquired the largest share of the market in
2014 accounting for 53.20% of the market share. Rise in the
demand for digital forensics in North America can be
attributed to increased acceptance of forensic tools among
different industries in this region. Moreover, state police
departments and FBI have been using this technology to
7. prevent illegal activities in different parts of the U.S. and
Canada among others.
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