Network Forensics Market Status and Global Outlook - Cisco Systems Inc., FireEye Inc., IBM Corporation, LogRhythm

Network forensics is empowering companies to better protect data and recognize vulnerabilities in the system. Network forensics is a process and is widely considered as a study of network data that is captured, recorded, and analyzed to discover the source of security/cyber threats.

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Network security has become one of the most significant aspects in the current connected landscape, with the amount of data traffic handled by network infrastructures increasing at an exceptional rate. Moreover, rise in investments in security solutions in growing technological landscape propels adoption of network forensics as one of the leading solutions across industries. The main objective of network forensics is to collect evidence.

It tries to analyze network traffic data, which is collected from different sites and different network equipment, such as IDS and firewalls. In addition, it monitors networks to detect attacks and analyze nature of attackers. Network forensics is a process of identifying intrusion patterns, focusing on attacker activity.

Major players analyzed include Cisco Systems Inc., FireEye Inc., IBM Corporation, LogRhythm Inc., NIKSUN Incorporated, NETSCOUT Systems Inc., RSA Security, Symantec Corporation, Savvius Inc., and VIAVI Solutions Inc.,

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Rise in need to secure networks from cyber threats such as ransomware, Denial-of-Service (DDoS), and advanced persistent threat and rise in sophistication of hacking techniques are factors that drive growth of the market. Rise in demand for cloud-based network forensics is also a factor that boosts growth of the network forensics market.

However, lack of skilled network forensics investigators hamper growth of the market. Contrarily, rapid evolution in mobile, IoT, and web applications and integrated next-generation network forensics solutions are opportunistic factors for the market, which is further anticipated to generate substantial opportunities for players during the forecast period.

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