Global Digital Forensics Market estimated to be worth US.65 bn by 2025

Posted by Arslan on January 16th, 2019

In order to study the various trends and patterns prevailing in the concerned market, Market Research Reports Search Engine (MRRSE) has included a new report titled “Digital Forensics Market” to its wide online database. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future.

The global digital forensics market includes various types of forensics such as computer forensics, mobile forensics, network forensics, database forensics, and forensic data analysis. Among these, the computer forensics market was seen leading the global market till 2016, as computers were used widely by digital forensics teams to collect critical evidences from digital data and identify the culprits responsible for a particular crime. While the use of computer devices remains the same in the corporate sector, the mobile devices market keeps growing given an increase in the demand for mobile phones all over the world. This has also impacted the digital forensics market, with mobile devices being widely used now to gather useful evidence from digital data. 

According to Future Market Insights’ analysis, mobile device forensics has taken over the market with a projected valuation of more than US$ 2,300 Mn by 2027, up from just about US$ 507 Mn in 2017. The mobile device forensics market is expected to grow at a CAGR of 16.4% during the period of study.

Cyber criminals employ a combination of sophisticated technologies to be successful in their target crime missions. Cyber criminals target individuals as well as businesses and rewards achieved are much greater with security protocols being somewhat lax at the other end. Not only this, cyber criminals use multiple channels and mislead security by a series of attacks that takes off the attention of security personnel from the main crime site. Moreover, rising information security concerns by individuals and businesses are expected to increase in the digital forensics market. The information provided by people on various social media platforms has increased, which has led to a rise in concerns regarding the safety of critical and sensitive personal information.