Digital Forensics Market, By Type (Mobile Forensics, Computer Forensics, Network Forensics, Other Types), By Component (Hardware, Software, and Services), By Industry Vertical (Government and Defense, BFSI, Telecom and IT, Retail, Healthcare, and Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

Published In : Jun 2024

Code : CMI1522

Pages :220

Formats :

Excel and PDF

Industry : Smart Technologies

Market Concentration and Competitive Landscape

Digital Forensics Market Concentration By Players

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Growth of cybercrimes

The rising incidence of cybercrimes like hacking, phishing, malware attacks, and ransomware incidents have accentuated the need for digital forensics across various industry verticals. Cybercriminals are employing sophisticated techniques to steal sensitive personal and financial information of individuals and organizations. Malware infections are also causing significant business disruptions and operational downtimes. Such crimes often leave behind a digital trail which needs to be gathered, examined, and linked to perpetrators through forensic investigation methods. This has led to increasing engagement of digital forensics experts by law enforcement agencies, financial institutions, and enterprises across sectors for post-incident response and remediation.

With the proliferation of online platforms and digital devices in our personal and professional lives, more and opportunistic as well as organized cybercriminals are actively targeting vulnerable systems and data. As the attacks are growing in severity and scale, the demand is surging from organizations to hire dedicated cybersecurity operation centers. For instance, according to the Identity Theft Resource Center, in 2022, there were 1,802 data compromises in the U.S., affecting 422.14 million individuals.

Key Players Insights