Digital Forensics Market 2022 Developments and Strategic Assessment- IBM Corporation, LogRhythm Inc., Cisco Systems, AccessData Group LLC

Digital Forensics Market 2022-2027 is a comprehensive report which provides a detailed overview of the major driver, opportunities, challenges, current market trends and strategies impacting the Global Digital Forensics Market in conjunction with calculation and forecast of size, share, and growth rate analysis. Combining the analysis capabilities and knowledge integration with the relevant findings, the report has foretold the robust future growth of the Digital Forensics Market all told its geographical and merchandise segments.

The digital forensics market was valued at USD 4490 million in 2020, and it is expected to reach USD 8210.5 million by 2027, registering a CAGR of 10.97% during the forecast period of 2022-2027.

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The Global Digital Forensics Market is highly competitive and consists of a number of Major Key Players are: IBM Corporation, Binary Intelligence LLC, Guidance Software Inc., AccessData Group LLC, KLDiscovery Inc., Paraben Corporation, FireEye Inc., LogRhythm Inc., Cisco Systems Inc., Oxygen Forensics Inc., MSAB Inc. others.

Industry News:

- March 2020 - AccessData Group announced the latest release of Quin-C. The new version delivers prebuilt workflow options for both legal reviewers and forensic investigators, important mobile data processing, review and analysis capabilities, and improved viewer technology.
- December 2019 - FireEye Inc. introduced FireEye Cyber Physical Threat Intelligence. The new subscription provides context, data, and actionable analysis on threats to cyber physical systems, including operational technology (OT), industrial control systems (ICS), Internet of Things (IoT), and other equipment used to manage interconnected physical processes.

Key Market Trends:

Network Forensics is Expected to Hold a Significant Market Share
- Even though wireless communication systems are useful in providing mobile internet access to the user, they are still vulnerable and easily exposed to the interception by way of data transmission. Network forensics involves capturing, recording, and analyzing of network packets to determine the source of network security attacks.
- The security mechanisms, like Wired Equivalent Privacy (WEP) and WiFi Protected Access (WAP), are not sufficiently capable of providing guaranteed security in wireless communication. Hence, network forensics is increasing demand in several organizations.
- Digital Forensics and Incident Response (DFIR) is being incorporated to perform forensics when an organization is infected with ransomware or another type of network intrusion. More recently, there has been a trend in Advanced Persistent Threat (APT) groups attempting to hack into industrial control systems (ICS).

North America to Account for Largest Market Share
- The US financial system has been a target for foreign cyber adversaries for a considerable period. Based on this phenomenon, the US government imposed a law for the private sector to have a dedicated cyber protection team (CPT) sector to provide surge capacity in the event of an ongoing cyberattack in the form of advanced analysis and network and endpoint forensics.
- US banks, such as the Bank of America, Citigroup, JPMorgan Chase, and Wells Fargo, have faced cyberattacks that eventually led to exposed data of consumers. It was considered to be a result of weaknesses in the firms' networks. These banks were recommended by the federal officials to monitor their network activities. 

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The key insights of the Digital Forensics Market report:

The report provides key statistics on the market status of the Digital Forensics Market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
The Digital Forensics Market report presents the company profile, product specifications, capacity, production value, and 2016-2021 market shares for key vendors.
The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
The report estimates 2022-2027 market development trends of Digital Forensics Market.
Analysis of upstream raw materials, downstream demand and current market dynamics is also carried out
The report makes some important proposals for a new project of Digital Forensics Market Industry before evaluating its feasibility.

Finally, Digital 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. Automotive Actuators industry report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.

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