Digital Forensics Market Forecasts and Growth Opportunity By Industry Players AccessData, Cellebrite, MSAB, OpenText, Oxygen Forensics, ADF Solutions, Coalfire, Digital Detective, LogRhythm, Magnet Forensics, Paraben and Others

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The Digital Forensics Market size is expected to grow from US$ 4.62 Billion in 2017 to US$ 9.68 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 15.9% during the forecast period. The market is expected to be driven by factors, such as the increasing instances of cyber-attacks on enterprise devices, massive use of Internet of Things (IoT) devices, and stringent regulations.

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“Cloud forensics segment is expected to hold the fastest growth rate during the forecast period”
The cloud forensics type in the digital forensics market is expected to grow at the fastest rate during the forecast period. The major reason for the fast growth rate of the cloud forensics segment is said to be the ongoing expansive adoption of cloud among companies across the world. Many organizations are moving toward the cloud for cost-savings, agility, and flexibility, and this makes their critical data vulnerable to cyber-attacks. The cloud forensics segment is used to investigate these attacks.

“Government and defense vertical is expected to hold the largest market size during the forecast period”
The government and defense vertical is always under constant threat from cyber-attackers. The national and international politics, terrorism, and regional rivalry are some of the motives behind cyber-attacks on federal and defense agencies. Government agencies are prioritizing their cyber security and data privacy, as computers, mobiles, and other devices are used for committing crimes, and they are strongly dependent on internet and computers for taking their businesses to the peak point. If devices are infiltrated, it can leak crucial information pertaining to the security of a nation.

“North America is expected to contribute to the largest market share; and Asia Pacific (APAC) is estimated to grow at the fastest rate during the forecast period”
North America is expected to hold the largest market size and dominate the digital forensics market from 2017 to 2022, owing to the early adoption of new and emerging technologies and the presence of a large number of players in this region. APAC offers extensive growth avenues for the digital forensics players, owing to the widespread presence of Small and Medium-sized Enterprises (SMEs)and adoption of digital forensics in various verticals, such as government and defense, Banking, Financial Services, and Insurance (BFSI), and telecom and IT.

The Study Objectives of this report are:
• To profile the key players in the market and comprehensively analyze their market size and core competencies in the Digital Forensics Market

• To forecast the market size of the market segments with respect to the 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America

• To define, describe, and forecast the digital forensics market on the basis of components (hardware, software, and services), types, tools, verticals, and regions

• To analyze the micromarkets with respect to individual growth trends, prospects, and contributions to the total market

• To analyze opportunities in the market for stakeholders by identifying the high-growth segments of the market

• To track and analyze competitive developments, such as new product launches, mergers and acquisitions; and partnerships, agreements, and collaborations in the global market

#Target Audience for Digital Forensics Market:
• Digital forensics software vendors
• Digital forensics hardware vendors
• Digital forensics service providers
• Defense organizations
• Government agencies
• Independent software vendors
• Consulting firms
• System integrators
• Value-added Resellers (VARs)
• Managed Security Service Providers (MSSPs)
• Information Technology (IT) security agencies

#Complete report on Digital Forensics Market spread across 141 pages, profiling 11 companies and supported with tables and figures is now available at https://www.reportsnreports.com/purchase.aspx?name=405897 .

#Top Key Players in the “Digital Forensics Market” include are AccessData (US), Cellebrite (Israel), MSAB (Sweden), OpenText (Canada), Oxygen Forensics (US), ADF Solutions (US), Coalfire (US), Digital Detective (US), LogRhythm (US), Magnet Forensics (Canada), Paraben (US).

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