Digital Forensic Market Global Forecast new Impact of COVID-19

Impact of COVID-19 Digital Forensic Global Forecasts by Component, Region, End User, Business Overview, Sales Analysis – Renub Survey

The global digital dependence on technology to do business has increased in both the public and private sectors. Digital forensic science is a branch of forensic science that deals with the recovery and investigation of material found on digital devices related to cybercrime/cybercriminals. It plays an important role in controlling the spread of cyberattacks, ransomware, malware, and other illegal practices due to illegal data collection. According to the Renub Research report, the global digital forensics market will reach $ 13.49 billion in 2027.

The adoption of digital skills is on the rise as corporate penetration increases, the traditional infrastructure for criminal labs, and the spread of cyber-attacks and crime. According to the World Economic Forum and the Federal Bureau of Investigation (FBI), 791,790 cases of online theft were reported to IC3 in 2020. The evolution of computers created by the IoT and the rapid proliferation of computers, cell phones, and other electronic devices all around the world has contributed to the demand for digital forensics software. The software reduces delivery times and also identifies fraud and theft based on evidence. For the year 2020, the global digital forensics industry is valued at $ 6.02 billion.

Globally, North America has always been the most receptive to the adoption of digital skills. With the widespread acceptance of cloud-based applications in North America, the number of attacks is increasing and becoming more sophisticated. As a result, many US governments and law enforcement agencies are taking steps to strengthen the digital forensics industry. The Pacific Ocean and the Pacific Ocean cover a large geographic area with high industrial and economic growth, enabling the use of digital skills on a large scale.

Digital skills are still an important part of any organization. According to our report, our end users share banking, financial, and insurance (BFSI), life sciences, and health and government services. and law enforcement, defense and aviation, IT & Tc, and others. Government sectors are the main target of the spread of cyberattacks. Governments are shifting their workload to the cloud to save costs, agility, and flexibility, leaving organizations more vulnerable to cyber-attacks. Therefore, digital forensics has received a lot of attention from forensic experts around the world. According to this research, the Computer Forensics market is expected to grow with a CAGR of 12.22% over the period 2020-2027.

Impact of COVID-19 on the global digital forensics industry

In this COVID-19 pandemic, the number of digital transactions has increased dramatically to avoid physical contact. But this trend has also led to unethical hackers and a new Internet cybercrime. Therefore, the demand for digital forensics has increased following the COVID-19 pandemic, which offers greater opportunities for participants from PerkinElmer, Inc., FireEye, Inc., MSAB Magnet forensics.

The successes of the best players

Xperia Risk Mitigation and Investigation, Canada’s largest national provider of risk and investigation solutions, announced in 2019 a powerful new digital proof tool with trends that have not been offered anywhere in the Canadian private risk management market. This report covers four industry reviews from Magnet forensics, MSAB, FireEye, Inc., and Perkin Elmer, Inc.

Renub Research’s latest report “Digital Forensics by component (software, hardware, services) by region (North America, Europe, APAC, MEA, Latin America) by end-user (BFSI, health, and life sciences, government and order ), Defense “) and Aviation)), IT & Tc, Other) or Enterprise (PerkinElmer, Inc., FireEye, Inc., MSAB, Magnet forensics)” studying the digital forensics market. The report also includes qualitative factors such as motivations, constraints, and opportunities.

Translate ยป