The global digital forensics market size reached US$ 5.8 Billion in 2022. Looking forward, the publisher expects the market to reach US$ 10.9 Billion by 2028, exhibiting a CAGR of 11.09% during 2022-2028.
Digital forensics refer to the process of analyzing, recovering, interpreting and uncovering electronic data. It is widely used to collect information and prosecute all types of crimes, including financial frauds, thefts, and murder, gain additional evidence, and prevent and suspect further crimes from happening. Digital forensics deals with the investigation, recovery, evaluation and extraction of evidence from digital sources, such as laptops, computers and mobiles. It assists in reducing sampling risk, efficiently tracking down cybercriminals, ensuring integrity, producing evidence in the court, and extracting, processing, and interpreting the factual evidence. As a result, digital forensics is widely used in the telecommunications and information technology (IT) sector, government and enforcement agencies, and banking, financial services and insurance (BFSI) industry.
Digital forensics refer to the process of analyzing, recovering, interpreting and uncovering electronic data. It is widely used to collect information and prosecute all types of crimes, including financial frauds, thefts, and murder, gain additional evidence, and prevent and suspect further crimes from happening. Digital forensics deals with the investigation, recovery, evaluation and extraction of evidence from digital sources, such as laptops, computers and mobiles. It assists in reducing sampling risk, efficiently tracking down cybercriminals, ensuring integrity, producing evidence in the court, and extracting, processing, and interpreting the factual evidence. As a result, digital forensics is widely used in the telecommunications and information technology (IT) sector, government and enforcement agencies, and banking, financial services and insurance (BFSI) industry.
Digital Forensics Market Trends:
The increasing incidences of cybercrimes in the BFSI industry across the globe is driving the growth of the market. Digital forensics aid in supporting the quick and precise investigation of financial frauds and solving cases. In line with this, the increasing availability of easy internet connection, along with the proliferation of various network-based applications and devices, such as e-mail services, computers, cloud-based technologies, internet banking and smartphones are favoring the market growth. Moreover, various technological advancements, such as the integration of artificial intelligence (AI) with digital forensics to precisely observe commonalities in communication and detect elements in photos and videos are providing an impetus to the market growth. Additionally, the increasing product demand to recover deleted files from digital devices and obtain encrypted data due to the rising fraud and identity theft cases is positively impacting the market growth. Other factors, including significant improvements in information technology (IT) infrastructure, and the implementation of various government initiatives to promote advanced security solutions protecting sensitive data are creating a positive outlook for the market.Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global digital forensics market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on component, type, tool and end user.Breakup by Component:
- Hardware
- Software
- Service
Breakup by Type:
- Mobile Forensic
- Computer Forensic
- Network Forensic
- Others
Breakup by Tool:
- Data Acquisition and Preservation
- Forensic Data Analysis
- Data Recovery
- Review and Reporting
- Forensic Decryption
- Others
Breakup by End User:
- BFSI
- IT and Telecom
- Government and Law Enforcement Agencies
- Retail
- Healthcare
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being AccessData Group Inc. (Exterro Inc.), Binary Intelligence LLC, CCL (Solutions) Group Ltd, Digital Detective Group Limited, Global Digital Forensics, KLDiscovery, LogRhythm Inc., Magnet Forensics, MSAB, OpenText Corporation, Oxygen Forensics Inc. and Paraben Corporation.Key Questions Answered in This Report:
- How has the global digital forensics market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global digital forensics market?
- What are the key regional markets?
- What is the breakup of the market based on the component?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the tool?
- What is the breakup of the market based on the end user?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global digital forensics market and who are the key players?
- What is the degree of competition in the industry?
Table of Contents
1 Preface2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Digital Forensics Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Component
6.1 Hardware
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Software
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Service
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Type
7.1 Mobile Forensic
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Computer Forensic
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Network Forensic
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Others
7.4.1 Market Trends
7.4.2 Market Forecast
8 Market Breakup by Tool
8.1 Data Acquisition and Preservation
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Forensic Data Analysis
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Data Recovery
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Review and Reporting
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Forensic Decryption
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Others
8.6.1 Market Trends
8.6.2 Market Forecast
9 Market Breakup by End User
9.1 BFSI
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 IT and Telecom
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Government and Law Enforcement Agencies
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Retail
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Healthcare
9.5.1 Market Trends
9.5.2 Market Forecast
9.6 Others
9.6.1 Market Trends
9.6.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia-Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 AccessData Group Inc. (Exterro Inc.)
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.2 Binary Intelligence LLC
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.3 CCL (Solutions) Group Ltd
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.4 Digital Detective Group Limited
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.5 Global Digital Forensics
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.6 KLDiscovery
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.6.3 Financials
15.3.7 LogRhythm Inc.
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.8 Magnet Forensics
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.8.3 Financials
15.3.9 MSAB
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.9.3 Financials
15.3.10 OpenText Corporation
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.10.3 Financials
15.3.10.4 SWOT Analysis
15.3.11 Oxygen Forensics Inc.
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio
15.3.12 Paraben Corporation
15.3.12.1 Company Overview
15.3.12.2 Product Portfolio
List of Figures
Figure 1: Global: Digital Forensics Market: Major Drivers and Challenges
Figure 2: Global: Digital Forensics Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Digital Forensics Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Digital Forensics Market: Breakup by Component (in %), 2022
Figure 5: Global: Digital Forensics Market: Breakup by Type (in %), 2022
Figure 6: Global: Digital Forensics Market: Breakup by Tool (in %), 2022
Figure 7: Global: Digital Forensics Market: Breakup by End User (in %), 2022
Figure 8: Global: Digital Forensics Market: Breakup by Region (in %), 2022
Figure 9: Global: Digital Forensics (Hardware) Market: Sales Value (in Million US$), 2017 & 2022
Figure 10: Global: Digital Forensics (Hardware) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 11: Global: Digital Forensics (Software) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Digital Forensics (Software) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Digital Forensics (Service) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Digital Forensics (Service) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Digital Forensics (Mobile Forensic) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Digital Forensics (Mobile Forensic) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Digital Forensics (Computer Forensic) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Digital Forensics (Computer Forensic) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Digital Forensics (Network Forensic) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Digital Forensics (Network Forensic) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Digital Forensics (Other Types) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Digital Forensics (Other Types) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Digital Forensics (Data Acquisition and Preservation) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: Digital Forensics (Data Acquisition and Preservation) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Global: Digital Forensics (Forensic Data Analysis) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Global: Digital Forensics (Forensic Data Analysis) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: Global: Digital Forensics (Data Recovery) Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: Global: Digital Forensics (Data Recovery) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: Global: Digital Forensics (Review and Reporting) Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: Global: Digital Forensics (Review and Reporting) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: Global: Digital Forensics (Forensic Decryption) Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: Global: Digital Forensics (Forensic Decryption) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: Global: Digital Forensics (Other Tools) Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: Global: Digital Forensics (Other Tools) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: Global: Digital Forensics (BFSI) Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: Global: Digital Forensics (BFSI) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: Global: Digital Forensics (IT and Telecom) Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: Global: Digital Forensics (IT and Telecom) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: Global: Digital Forensics (Government and Law Enforcement Agencies) Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: Global: Digital Forensics (Government and Law Enforcement Agencies) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: Global: Digital Forensics (Retail) Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: Global: Digital Forensics (Retail) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: Global: Digital Forensics (Healthcare) Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: Global: Digital Forensics (Healthcare) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: Global: Digital Forensics (Other End Users) Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: Global: Digital Forensics (Other End Users) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: North America: Digital Forensics Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: North America: Digital Forensics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: United States: Digital Forensics Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: United States: Digital Forensics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: Canada: Digital Forensics Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: Canada: Digital Forensics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 53: Asia-Pacific: Digital Forensics Market: Sales Value (in Million US$), 2017 & 2022
Figure 54: Asia-Pacific: Digital Forensics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: China: Digital Forensics Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: China: Digital Forensics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 57: Japan: Digital Forensics Market: Sales Value (in Million US$), 2017 & 2022
Figure 58: Japan: Digital Forensics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 59: India: Digital Forensics Market: Sales Value (in Million US$), 2017 & 2022
Figure 60: India: Digital Forensics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 61: South Korea: Digital Forensics Market: Sales Value (in Million US$), 2017 & 2022
Figure 62: South Korea: Digital Forensics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 63: Australia: Digital Forensics Market: Sales Value (in Million US$), 2017 & 2022
Figure 64: Australia: Digital Forensics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 65: Indonesia: Digital Forensics Market: Sales Value (in Million US$), 2017 & 2022
Figure 66: Indonesia: Digital Forensics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 67: Others: Digital Forensics Market: Sales Value (in Million US$), 2017 & 2022
Figure 68: Others: Digital Forensics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 69: Europe: Digital Forensics Market: Sales Value (in Million US$), 2017 & 2022
Figure 70: Europe: Digital Forensics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 71: Germany: Digital Forensics Market: Sales Value (in Million US$), 2017 & 2022
Figure 72: Germany: Digital Forensics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 73: France: Digital Forensics Market: Sales Value (in Million US$), 2017 & 2022
Figure 74: France: Digital Forensics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 75: United Kingdom: Digital Forensics Market: Sales Value (in Million US$), 2017 & 2022
Figure 76: United Kingdom: Digital Forensics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 77: Italy: Digital Forensics Market: Sales Value (in Million US$), 2017 & 2022
Figure 78: Italy: Digital Forensics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 79: Spain: Digital Forensics Market: Sales Value (in Million US$), 2017 & 2022
Figure 80: Spain: Digital Forensics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 81: Russia: Digital Forensics Market: Sales Value (in Million US$), 2017 & 2022
Figure 82: Russia: Digital Forensics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 83: Others: Digital Forensics Market: Sales Value (in Million US$), 2017 & 2022
Figure 84: Others: Digital Forensics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 85: Latin America: Digital Forensics Market: Sales Value (in Million US$), 2017 & 2022
Figure 86: Latin America: Digital Forensics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 87: Brazil: Digital Forensics Market: Sales Value (in Million US$), 2017 & 2022
Figure 88: Brazil: Digital Forensics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 89: Mexico: Digital Forensics Market: Sales Value (in Million US$), 2017 & 2022
Figure 90: Mexico: Digital Forensics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 91: Others: Digital Forensics Market: Sales Value (in Million US$), 2017 & 2022
Figure 92: Others: Digital Forensics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 93: Middle East and Africa: Digital Forensics Market: Sales Value (in Million US$), 2017 & 2022
Figure 94: Middle East and Africa: Digital Forensics Market: Breakup by Country (in %), 2022
Figure 95: Middle East and Africa: Digital Forensics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 96: Global: Digital Forensics Industry: SWOT Analysis
Figure 97: Global: Digital Forensics Industry: Value Chain Analysis
Figure 98: Global: Digital Forensics Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Digital Forensics Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Digital Forensics Market Forecast: Breakup by Component (in Million US$), 2023-2028
Table 3: Global: Digital Forensics Market Forecast: Breakup by Type (in Million US$), 2023-2028
Table 4: Global: Digital Forensics Market Forecast: Breakup by Tool (in Million US$), 2023-2028
Table 5: Global: Digital Forensics Market Forecast: Breakup by End User (in Million US$), 2023-2028
Table 6: Global: Digital Forensics Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 7: Global: Digital Forensics Market: Competitive Structure
Table 8: Global: Digital Forensics Market: Key Players
Companies Mentioned
- AccessData Group Inc. (Exterro Inc.)
- Binary Intelligence LLC
- CCL (Solutions) Group Ltd
- Digital Detective Group Limited
- Global Digital Forensics
- KLDiscovery
- LogRhythm Inc.
- Magnet Forensics
- MSAB
- OpenText Corporation
- Oxygen Forensics Inc.
- Paraben Corporation.
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 145 |
| Published | January 2023 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 5.8 Billion |
| Forecasted Market Value ( USD | $ 10.9 Billion |
| Compound Annual Growth Rate | 11.0% |
| Regions Covered | Global |
| No. of Companies Mentioned | 12 |
