Press release
Network Forensics Market Report 2023-2032: Growth Analysis, Trends, Driving Factors, Insights And Industry Overview | Cisco Systems Inc., FireEye Inc., IBM Corporation, LogRhythm Inc., NIKSUN Incorporated
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032The Business Research Company's Network Forensics Global Market Report 2023 identifies increasing incidence of cyberattacks and advanced threats as the major driver for the Network Forensics market's growth in the forecast period. Cyber-attacks refer to attempts to gain unauthorized access to a computer or a system, whereas an advanced persistent threat (APT) refers to a prolonged and targeted cyberattack in which an intruder gains access to a network and remains undetected for an ample period.
The global network forensics market size grew from $2.77 billion in 2022 to $3.17 billion in 2023 at a compound annual growth rate (CAGR) of 14.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The network forensics market size is expected to grow to $5.37 billion in 2027 at a CAGR of 14.1%.
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Major competitors in the Network Forensics market are Cisco Systems Inc., FireEye Inc., IBM Corporation, LogRhythm Inc., NIKSUN Incorporated.
A key trend in the Network Forensics market includes adoption of the internet of things (IoT). Major companies operating in the network forensics market are adopting the internet of things (IoT) in the forensics industry to strengthen their position in the network forensics market. IoT network forensics is the practice of analyzing IoT devices to investigate crimes. For instance, in June 2022, NetWitness, a US-based network security monitoring software provider, introduced NetWitness XDR, which delivers a robust set of capabilities helping customers stay ahead of the most sophisticated cyber threats and enabling extended detection and response (XDR). The updated platform offers full visibility into all key data planes across an organization, including network, logs, full Security Orchestration, Automation, and Response (SOAR), endpoint, and Internet of Things (IoT), User and Entity Behavior Analytics (UEBA), a complete Threat Intelligence Platform (TIP), and new asset analytics and prioritization, all easily viewed in a single interface and a unified data model.
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The Network Forensics market is segmented -
1. By Component: Solutions, Professional Services.
2. By Deployment Mode: Cloud, On-premises
3. By Organization size: Small And Medium Enterprises (SMEs), Large Enterprises
4. By Application: Endpoint Security, Datacenter security
5. By Vertical: Banking, Financial Services And Insurance (BFSI), Government And Defense, Healthcare, Information Technology (IT) And Information Technology Enabled Services (ITeS), Manufacturing, Retail, Telecommunications, Transportation, Other Verticals
6. By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Network Forensics market.
The Business Research Company's "Global Network Forensics Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Network Forensics Market Include:
1. Executive Summary
2. Network Forensics Market Characteristics
3. Network Forensics Market Trends And Strategies
4. Network Forensics Market - Macro Economic Scenario
5. Network Forensics Market Size And Growth
……
26. Africa Network Forensics Market
27. Network Forensics Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Network Forensics Market
29. Network Forensics Market Future Outlook and Potential Analysis
30. Appendix
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