COMPUTER FORENSIC TECHNOLOGIES AND SERVICES MARKET ANALYSIS

Computer Forensic Technologies And Services MarketSize and Trends

After a period of sustained slowdown in forensic market, digital disruption has reshaped the computer forensic technology. The industry witnessed impressive growth over the last five years. Latent print analysis, chemical analysis, trace evidence analysis, explosive analysis, questioned document examinations (QDE) and tool market identification are some of the examples of forensic analysis. Furthermore, government contracts along with transparency in process execution have boosted the computer forensic technologies market.

Rise in crime is expected to spur the demand for computer forensic technologies and services market worldwide

Rise in crime activities globally will stimulate the need of computer forensic technologies and services hence augment the market growth. According to World Health Organization (WHO) each year, 250 thousands homicides occur and are projected to increase mainly in MEA and Asia Pacific region. In addition, innovative services and technological advanced forensic equipment offered by key players has increased the usage of these equipment and services by forensic laboratories which is expected to drive the market growth. For instance, cartridge and bone fragments are gaining prominence over other traditional means of forensics. Moreover, companies such as Computer Forensic Services (CFS) and eDirect Impact offer line of integrated services ranging from data recovery, to forensic imaging which would further stimulate the use of these services hence drives the market growth. However, regulatory compliances along with complexity in initial setup are key concern to industry.

Market Taxonomy:

Coherent Market Insights has segmented the industry by

• Products
• Services

The market of computer forensic technologies and services is segmented on the basis of:

• By Products
• DNA Testing
• Biometric Testing
• Ballistic Forensic
• Digital and Computer Forensic
• Others
• By Service
• Laboratory Forensic
• Forensic Consulting
• Others

Market Trends

The market for computer forensic technologies and services is witnessing numerous trends. For instance, there is a significant rise in the use of digital forensics and high throughput laboratories are increasingly offering cost-effective solutions. Companies such as Illumina, Inc. are leading the way with innovative products.