Network Forensics Market 2021 Precise Outlook - Broadcom Inc. (Symantec Corporation), Cisco Systems Inc., IBM Corporation

The Network Forensics Market report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data. The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.

The Network Forensics Market was valued at USD 2.01billion in 2019 and is expected to reach USD 4.62 billion by 2025, at a CAGR of 14.9% over the forecast period 2020 - 2025.

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Top Leading Companies of Global Network Forensics Market are Broadcom Inc. (Symantec Corporation), Cisco Systems Inc., IBM Corporation, Netscout Systems Inc., Fireye Inc., EMC RSA, AccessData Group, Logrhythm Inc., LiveAction Inc., Valvi Solutions Inc., Niksun Inc., Cyber Diligence Inc., N and others.

Industry News and Updates:

- February 2019 - IBM announced a new portfolio of Internet of Things (IoT) solutions, which team artificial intelligence (AI) and advanced analytics designed to help asset intensive organizations, like the Metropolitan Atlanta Rapid Transit Authority (MARTA), to improve maintenance strategies.
- February 2019 - IBM developed a new technology to predict and monitor when and where trees and vegetation threaten the power lines, which may help improve power supply operations and reduce outages.

Key Market Trends:

IT and Telecom Sector to Account for a Significant Share

- IT and telecom companies form a major segment in the critical infrastructure of any country, and multiple industries depend on their network for being operational. Therefore, the impact of a network attack can be vast and far-reaching, if it impacts the IT and telecom industry. Even a minor attack, or claims of an attack, can lead a company to shut down the critical services that the consumers and businesses rely upon.
- The sector is also booming with opportunities for network operators to transform their revenue models, through the development of advanced and innovative digital services, related to IoT, 5G, e-commerce, OTT communications, and mobile payments or managed services.
- At the same time, offering an enhanced network experience and implementing innovative and customized services are essential to driving up revenue.
- These factors are also motivating the studied market vendors to innovate their product offering, targeting these customers.
- Leading organizations have been attacked by phishers. Therefore, proper cyber security skills are especially important when it comes to security analytics and operations, according to the vendors in the market.

North American to Dominate the Market

- North America, among the lead innovators and pioneers, in terms of adoption of network forensics solutions, is one of the largest markets. Moreover, the region has a strong foothold of vendors in the market.
- The increasing use of the internet and digital communications systems, especially in the shape of the Internet of things (IoT), leads to the increasing demand for competence in network forensics
- The growing popularity of IoT and BYOD trends has also resulted in the growth of cyber-crimes, forcing organizations to use network security solutions. The rise in connected devices in the region has made enterprise networks more complex. The evolving network landscape has generated the need among enterprises to reassess their network security infrastructure and adopt robust network solutions.
- The US Department of Defense has invested a massive amount in modernizing their infrastructure in the past. In April 2018, the Defense Systems Information Agency (DISA) of DoD announced their plan to upgrade the Defense Information Systems Network (DISN) with 10 gigabits per second (Gbps) transport speeds to a 100 Gbps packet-optical transport system.

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Highlights of the Network Forensics Market Report:

– Detailed overview of Network Forensics Market
– Changing the Network Forensics market dynamics of the industry
– In-depth market segmentation by Type, Application, etc.
– Historical, current and projected Network Forensics market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of Network Forensics Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth.

The research includes historic data from 2015 to 2021 and forecasts until 2025 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.

Finally, the Network Forensics Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, and market development rate and figure, and so on. Network Forensics industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.

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