Global Network Forensics Market: Major Trends Reshaping the Future of the Industry

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What Will the Network Forensics Industry Market Size Be by 2025?
The market size for network forensics has experienced a swift expansion in the past few years. The figures are predicted to rise from $3.36 billion in 2024 to $3.72 billion in 2025, experiencing a compound annual growth rate (CAGR) of 10.6%. The surge during the historical period can be linked to the escalation in the complexity of cyber-attacks, demand for incident enquiry and response, compliance and regulatory requirements, the increase in network security threats and the growth of digital data traffic.

What's the Long-Term Growth Forecast for the Network Forensics Market Size Through 2029?
In the coming years, it is anticipated that the network forensics market size will experience significant escalation. Projections suggest it will surge to $6.94 billion by the year 2029, showing a compound annual growth rate (CAGR) of 16.9%. The expansion of 5g networks, implementation of artificial intelligence in network forensics, escalating threats related to IoT and connected devices, enhanced emphasis on proactive defense and threat hunting, and a higher focus on uncovering internal threats are among the factors propelling the growth within the prediction period. Key trends anticipated over the forecast timeline include the analysis of encrypted traffic, the implementation of cloud-based solutions for network forensics, automation and orchestration procedures in forensic examinations, integrations with endpoint detection and response (EDR), and the use of real-time network forensics for brisk response resolution.

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What Are the Key Growth Drivers Fueling the Network Forensics Market Expansion?
The growth of the network forensics market is predicted to surge as cyberattacks and advanced threats increase. Cyber-attacks involve unauthorized attempts to gain access to a computer or a system, while an advanced persistent threat (APT) is a sustained, targeted cyberattack where the intruder accesses a network undetected over an extended period. Network forensics play a crucial role in blocking such attacks by capturing, recording, and analyzing network traffic and audit files. For example, the Australian Cyber Security Centre reported in February 2023 that they received 76,000 cybercrime reports in 2022, marking a 13% increase from the previous year. Thus, the escalating incidence of cyberattacks and advanced threats is contributing to the expansion of the network forensics market.

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What Are the Key Trends Driving Network Forensics Market Growth?
The trend of utilizing the internet of things (IoT) within the forensics sector is particularly prominent in the scientific network forensics market. Major names in the network forensics market are turning to the adoption of IoT technologies within their forensic operations, thereby bolstering their standing within the market. In essence, IoT network forensics involves the examination of IoT devices with a view to investigate crimes. For instance, US network security monitoring software company, NetWitness, launched NetWitness XDR in June 2022. This platform delivers an impressive range of capabilities, helping customers keep abreast of the most complex cyber threats, and facilitating extended detection and response (XDR). This updated system provides full visibility across all crucial data planes of a business, for example network, logs, comprehensive Security Orchestration, Automation, and Response (SOAR), endpoint, and Internet of Things (IoT), User and Entity Behavior Analytics (UEBA), a full Threat Intelligence Platform (TIP), plus new asset analytics and prioritization. All features can be easily accessed from a single display and via a unified data model.

How Is the Network Forensics Market Segmented?
The network forensicsmarket covered in this report 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

Subsegments:
1) By Solutions: Packet Capture And Analysis Tools, Log Management Solutions, Intrusion Detection Systems (IDS), Security Information And Event Management (SIEM) Solutions, Forensic Analysis Software, Network Traffic Analysis Tools
2) By Professional Services: Consulting Services, Incident Response Services, Training And Education Services, Managed Security Services, Support And Maintenance Services

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Which Companies Are Leading the Charge in Network Forensics Market Innovation?
Major companies operating in the network forensics market include Cisco Systems Inc., FireEye Inc., International Business Machines Corporation, LogRhythm Inc., NIKSUN Incorporated, RSA Security LLC, NetScout Systems Inc., Broadcom Inc., McAfee LLC, Viavi Solutions Inc., SolarWinds Inc., Gigamon Inc., Fidelis Cybersecurity Solutions LLC, Darktrace Limited, ExtraHop Networks Inc., Vectra AI Inc., Riverbed Technology Inc., Plixer International Inc., Cynet Ltd., Awake Security Inc., PacketSled Inc., Corelight Inc., Lastline Inc., Endace Limited, Garland Technology LLC, Greycortex s. r. o., Flowmon Networks a. s.

Which Regions Are Leading the Global Network Forensics Market in Revenue?
Asia-Pacific was the largest region in the network forensics market in 2024.North America was the second largest region of the network forensics market. The regions covered in the network forensics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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