Accessibility Statement Skip Navigation
  • Resources
  • Blog
  • Journalists
  • +44 (0)20 7454 5110
  • Client Login
  • Send a Release
Return to PR Newswire homepage
  • News
  • Products
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All Public Company News
      • All Multimedia News
      • View All News Releases

      • Regulatory News

      • D/A/CH Regulatory News
      • UK Regulatory News
      • View All Regulatory News

  • Business & Money
      • Auto & Transportation

      • Aerospace & Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads & Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking & Road Transportation
      • View All Auto & Transportation

      • Business Technology

      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • View All Business Technology

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Financial Services & Investing

      • Accounting News & Issues
      • Acquisitions, Mergers & Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalisation
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • View All Financial Services & Investing

      • General Business

      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls & Research
      • Trade Show News
      • View All General Business

  • Science & Tech
      • Consumer Technology

      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • View All Consumer Technology

      • Energy & Natural Resources

      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil & Gas Discoveries
      • Utilities
      • Water Utilities
      • View All Energy & Natural Resources

      • Environ­ment

      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • Aerospace & Defence
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation & Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking & Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • Carriers & Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • Animals & Pets
      • Beers, Wines & Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics & Personal Care
      • Fashion
      • Food & Beverages
      • Furniture & Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewellery
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Health

      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • View All Health

      • Sports

      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • View All Sports

      • Travel

      • Amusement Parks & Tourist Attractions
      • Gambling & Casinos
      • Hotels & Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • Animal Welfare
      • Corporate Social Responsibility
      • Economic News, Trends & Analysis
      • Education
      • Environmental
      • European Government
      • Labour & Union
      • Natural Disasters
      • Not For Profit
      • Public Safety
      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • View All People & Culture

  • Overview
  • Distribution
  • Paid Placement
  • Multichannel Amplification
  • Disclosure Services
  • SocialBoost
  • Rooms
    • MediaRoom
    • ESG Rooms
  • AI Tools
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Hamburger menu
  • Cision PR Newswire UK provides press release distribution, targeting, monitoring, and marketing services
  • Send a Release
    • Phone

    • +44 (0)20 7454 5110 from 8 AM - 5:30 PM GMT

    • ALL CONTACT INFO
    • Contact Us

      +44 (0)20 7454 5110
      from 8 AM - 5:30 PM GMT

  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • News in Focus
    • Browse News Releases
    • Regulatory News
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
    • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • Overview
  • Distribution
  • Paid Placement
  • Multichannel Amplification
  • Disclosure Services
  • Cision Communications Cloud®
  • AI Tools
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists

Digital Forensics Market worth $18.2 billion by 2028 - Exclusive Report by MarketsandMarkets™

This image opens in the lightbox

News provided by

MarketsandMarkets

18 Oct, 2023, 14:15 GMT

Share this article

Share toX

Share this article

Share toX

CHICAGO, Oct. 18, 2023 /PRNewswire/ -- The ability of the market for digital forensics to change with new laws, regulations, and threat environments will define its future. Investigation, prevention, and mitigation of cybercrimes will continue to rely heavily on digital forensics in cybersecurity and law enforcement activities.

The global Digital Forensics Market size is projected to grow from USD 9.9 billion in 2023 to USD 18.2 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 12.9% during the forecast period, according to a new report by MarketsandMarkets™. The expansion of the Digital Forensics Market is propelled by the increasing prevalence of cybercrimes and the expanding digital landscape. This surge in cybercrimes has made digital forensics indispensable for law enforcement, as it excels in uncovering criminal intent and connecting events, from cyber fraud to data theft. Moreover, the rise of IoT devices and BYOD practices has added complexity, necessitating adaptability from professionals. Furthermore, monitoring remote devices and the demand for robust data security solutions have heightened the importance of digital forensics in investigating and mitigating cyber threats. This symbiotic relationship between security demands and digital forensics continues to drive market growth.

Browse in-depth TOC on "Digital Forensics Market"

424 - Tables
49 - Figures
304 - Pages

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=230663168

Scope of the Report

Report Metrics

Details

Market size available for years

2017-2028

Base year considered

2022

Forecast period

2023–2028

Forecast units

Value (USD Million/USD Billion) 

Segments Covered

Component, Type, Deployment Mode, Vertical, and Region

Geographies covered

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America

Companies covered

Major vendors in the global digital forensics market include IBM (US), Cisco (US), Cellebrite (US), OpenText (Canada), Nuix (Australia), Exterro (US), MSAB (Sweden), Magnet Forensics (Canada), LogRhythm (US), KLDiscovery (US), Paraben (US), Cyfor (UK), Oxygen Forensics (US), Griffeye (Sweden), CCL Solutions Group Ltd (England), Global Digital Forensics Inc (US), Kroll Inc (US), Digital Intelligence (US), Optiv Security Ltd (US), Cado Security (England), Elcomsoft (Russia), Binalyze (Estonia), Varutra (US), Bluevoyant (US), Binary Intelligence (US), and Bounga Informatics (Singapore).

Based on t

he type, cloud forensics is to grow at the highest CAGR during the forecasted period.

Cloud forensics within the Digital Forensics Market is experiencing the fastest growth due to the profound shift in how data is stored and processed. As organizations increasingly migrate their operations to the cloud for scalability, cost-efficiency, and accessibility, the digital footprint left in the cloud has expanded exponentially. This transition has led to a surge in demand for specialized expertise in extracting, analyzing, and preserving digital evidence from cloud-based platforms. With an ever-expanding landscape of cloud providers, storage solutions, and complex network architectures, the need for tailored cloud forensics solutions has become paramount to address the unique challenges this evolving digital ecosystem poses, fueling its rapid growth.

Request Sample Pages @  https://www.marketsandmarkets.com/requestsampleNew.asp?id=230663168

By component, service accounts for the highest market size during the forecast period.

The services segment commands the largest market share in the digital forensics industry for several compelling reasons, such as organizations frequently requiring assistance with intricate and time-consuming digital forensics investigations often lack the in-house expertise to conduct them effectively. Consequently, these organizations turn to specialized service providers for support. Furthermore, the rapidly evolving nature of the digital forensics field, with the continuous emergence of new technologies and threats, poses a challenge for organizations to stay updated. On the other hand, service providers can allocate resources to remain abreast of the latest trends and technologies. Additionally, outsourcing digital forensics needs to service providers often proves more cost-effective than maintaining in-house teams, as providers can leverage their expertise and resources across multiple clients. These factors collectively underpin the dominance of the services segment in the Digital Forensics Market.

By region, Asia Pacific is to grow at the highest CAGR during the forecast period.

The Asia Pacific region is growing fastest in the Digital Forensics Market due to key factors like rapid digital economic growth, which has propelled it to become one of the world's fastest-growing regions. This economic surge has fostered the widespread adoption of digital devices and online services, subsequently escalating cybercrime incidents. The region boasts the highest internet penetration rate globally, translating to a substantial and expanding population of internet users, further amplifying the cybercrime challenge. In response to this burgeoning threat, governments across the Asia Pacific are investing significantly in cybersecurity and digital forensics to safeguard critical infrastructure. Simultaneously, organizations and individuals have a growing awareness of cybercrime, intensifying the demand for digital forensics services to investigate and prosecute cybercrimes. These converging factors have established Asia Pacific as the epicenter of digital forensics growth.

Top Key Companies in Digital Forensics Market:

IBM (US), Cisco (US), Cellebrite (US), OpenText (Canada), Nuix (Australia), Exterro (US), MSAB (Sweden), Magnet Forensics (Canada), LogRhythm (US), KLDiscovery (US), Paraben (US), Cyfor (UK), Oxygen Forensics (US), Griffeye (Sweden), CCL Solutions Group Ltd (England), Global Digital Forensics Inc (US), Kroll Inc (US), Digital Intelligence (US), Optiv Security Ltd (US), Cado Security (England), Elcomsoft (Russia), Binalyze (Estonia), Varutra (US), Bluevoyant (US), Binary Intelligence (US), and Bounga Informatics (Singapore) are the key players and other players in the Digital Forensics Market.

Recent Developments

  • In March 2023, Nuix expanded its partnership with Fujitsu, enhancing its European portfolio with a focus on investigative analytics and intelligence software to tackle crime, data privacy, and fraud challenges, enabling data-driven decision-making and comprehensive data management.
  • In February 2023, IBM and Palo Alto Networks partnered to improve incident response capabilities. This partnership uses Palo Alto Networks' Cortex products to enhance IBM's X-Force security, offering customers a holistic view of cyber threats, speeding up responses, and enhancing cybersecurity resilience.
  • In August 2022, OpenText's EnCase Forensic v22.3 introduced AFF4 functionality, enabling comprehensive digital evidence analysis with support for physical and logical image reading, expediting security investigations, and truth discovery.
  • In May 2022, Cisco AppDynamics and Alertops joined forces in a technology integration partnership, empowering users with advanced alerting, escalation policies, workflows, and scheduling for efficient major incident resolution.
  • In February 2021, Cellebrite and Axon joined forces, integrating Cellebrite's Digital Intelligence platform with Axon Evidence. This partnership streamlines digital evidence management for law enforcement, enhancing efficiency and speeding up the justice process.

Inquire Before Buying @ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=230663168

Digital Forensics Market Advantages:

  • Digital forensic findings support criminal and civil cases by demonstrating or disproving facts, and they are legally accepted as evidence in court.
  • Even from damaged or partially erased storage media, lost or destroyed data can be recovered with the help of digital forensics techniques and tools.
  • Digital forensics is essential to incident response because it enables businesses to locate the origin and extent of a cybersecurity event and limit additional harm.
  • Digital forensics are used by businesses to guard against theft and unauthorised access to intellectual property, trade secrets, and sensitive data.
  • By demonstrating the security of sensitive information, digital forensics aids organisations in adhering to data protection and privacy rules.
  • In order to analyse malware and understand its behaviour, causes, and effects in order to reduce threats, digital forensics is essential.
  • In order to safeguard the integrity and reliability of the evidence for judicial proceedings, digital forensics makes sure the chain of custody is upheld.
  • It supports the preservation of evidence while protecting the privacy, accuracy, and accessibility of digital data during an investigation.
  • With the use of digital forensics, data and evidence may be prioritised and categorised, allowing investigators to concentrate on the most important parts of a case.

Report Objectives

  • To define, describe, and forecast the Digital Forensics Market based on - component, type, deployment mode, vertical, and region.
  • To define, describe, and forecast the Digital Forensics Market by - component, security type, authentication type, vertical, and region.
  • To forecast the market size of five main regions: North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and Latin America
  • To analyze the subsegments of the market concerning individual growth trends, prospects, and contributions to the overall market
  • To provide detailed information related to the major factors (drivers, restraints, opportunities, and challenges) influencing the growth of the Digital Forensics Market
  • To analyze opportunities in the market for stakeholders by identifying high-growth segments of the Digital Forensics Market
  • To profile the key players of the Digital Forensics Market and comprehensively analyze their market size and core competencies in the market
  • To track and analyze competitive developments, such as new product launches; mergers and acquisitions, and partnerships, agreements, and collaborations in the global Digital Forensics Market.

Browse Adjacent Market: Information Security Market Research Reports & Consulting

Browse Other Reports:

Data Loss Prevention Market - Global Forecast to 2028

Remote Work Security Market - Global Forecast to 2028

Network Security Firewall Market - Global Forecast to 2025

Security Testing Market - Global Forecast to 2025

Secure Web Gateway Market - Global Forecast to 2024

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America's best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/digital-forensics-market.asp
Visit Our Website: https://www.marketsandmarkets.com/
Content Source: https://www.marketsandmarkets.com/PressReleases/digital-forensics.asp

Logo: https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg

Modal title

Also from this source

MarketsandMarkets' 360Quadrants Recognizes Top Startups and SMEs in the Data Acquisition System Quadrant Report 2025

MarketsandMarkets' 360Quadrants Recognizes Top Startups and SMEs in the Data Acquisition System Quadrant Report 2025

360Quadrants has released its latest Data Acquisition System Startups/SMEs Companies Assessment, 2025, recognizing key players, including both global ...

Botulinum Toxins Market worth $15.7 billion by 2030 with 11.7% CAGR | MarketsandMarkets™

Botulinum Toxins Market worth $15.7 billion by 2030 with 11.7% CAGR | MarketsandMarkets™

The global Botulinum Toxins Market, valued at US$8.1 billion in 2024 stood at US$8.9 billion in 2025 and is projected to advance at a resilient CAGR...

More Releases From This Source

Contact PR Newswire

  • +44 (0)20 7454 5110
    from 8 AM - 5:30 PM GMT
  • General Enquiries
  • Media Enquiries
  • Partnerships

Products

  • Content Distribution
  • Multimedia Services
  • Disclosure Services
  • Cision Communications Cloud®

About

  • About PR Newswire
  • About Cision
  • Partnering Opportunities
  • Careers
  • Accessibility Statement
  • APAC
  • APAC - Simplified Chinese
  • APAC - Traditional Chinese
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Indonesia
  • Israel
  • Japan
  • Korea
  • Mexico
  • Middle East
  • Middle East - Arabic
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United States
  • Vietnam

My Services

  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
  • Data Privacy

Do not sell or share my personal information:

  • Submit via Privacy@cision.com 
  • Call Privacy toll-free: 877-297-8921

Contact PR Newswire

Products

About

My Services
  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
+44 (0)20 7454 5110
from 8 AM - 5:30 PM GMT
  • Terms of Use
  • Privacy Policy
  • Information Security Policy
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2025 PR Newswire Europe Limited. All Rights Reserved. A Cision company.