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Digital Forensics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global digital forensics market reached a value of US$ 5.16 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 10.03 Billion by 2027, exhibiting a CAGR of 10.50% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Digital forensics refer to the process of analyzing, recovering, interpreting and uncovering electronic data. It is widely used to collect information and prosecute all types of crimes, including financial frauds, thefts, and murder, gain additional evidence, and prevent and suspect further crimes from happening. Digital forensics deals with the investigation, recovery, evaluation and extraction of evidence from digital sources, such as laptops, computers and mobiles. It assists in reducing sampling risk, efficiently tracking down cybercriminals, ensuring integrity, producing evidence in the court, and extracting, processing, and interpreting the factual evidence. As a result, digital forensics is widely used in the telecommunications and information technology (IT) sector, government and enforcement agencies, and banking, financial services and insurance (BFSI) industry.

Digital Forensics Market Trends:

The increasing incidences of cybercrimes in the BFSI industry across the globe is driving the growth of the market. Digital forensics aid in supporting the quick and precise investigation of financial frauds and solving cases. In line with this, the increasing availability of easy internet connection, along with the proliferation of various network-based applications and devices, such as e-mail services, computers, cloud-based technologies, internet banking and smartphones are favoring the market growth. Moreover, various technological advancements, such as the integration of artificial intelligence (AI) with digital forensics to precisely observe commonalities in communication and detect elements in photos and videos are providing an impetus to the market growth. Additionally, the increasing product demand to recover deleted files from digital devices and obtain encrypted data due to the rising fraud and identity theft cases is positively impacting the market growth. Other factors, including significant improvements in information technology (IT) infrastructure, and the implementation of various government initiatives to promote advanced security solutions protecting sensitive data are creating a positive outlook for the market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global digital forensics market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on component, type, tool and end user.

Breakup by Component:

  • Hardware
  • Software
  • Service
     

Breakup by Type:

  • Mobile Forensic
  • Computer Forensic
  • Network Forensic
  • Others
     

Breakup by Tool:

  • Data Acquisition and Preservation
  • Forensic Data Analysis
  • Data Recovery
  • Review and Reporting
  • Forensic Decryption
  • Others
     

Breakup by End User:

  • BFSI
  • IT and Telecom
  • Government and Law Enforcement Agencies
  • Retail
  • Healthcare
  • Others
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being AccessData Group Inc. (Exterro Inc.), Binary Intelligence LLC, CCL (Solutions) Group Ltd, Digital Detective Group Limited, Global Digital Forensics, KLDiscovery, LogRhythm Inc., Magnet Forensics, MSAB, OpenText Corporation, Oxygen Forensics Inc. and Paraben Corporation.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Component, Type, Tool, End User, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered AccessData Group Inc. (Exterro Inc.), Binary Intelligence LLC, CCL (Solutions) Group Ltd, Digital Detective Group Limited, Global Digital Forensics, KLDiscovery, LogRhythm Inc., Magnet Forensics, MSAB, OpenText Corporation, Oxygen Forensics Inc. and Paraben Corporation.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global digital forensics market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global digital forensics market?
  • What are the key regional markets?
  • What is the breakup of the market based on the component?
  • What is the breakup of the market based on the type?
  • What is the breakup of the market based on the tool?
  • What is the breakup of the market based on the end user?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global digital forensics market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Digital Forensics Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Component
    6.1    Hardware
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Software
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Service
        6.3.1 Market Trends
        6.3.2 Market Forecast
7    Market Breakup by Type
    7.1    Mobile Forensic
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Computer Forensic
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Network Forensic
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Others
        7.4.1 Market Trends
        7.4.2 Market Forecast
8    Market Breakup by Tool
    8.1    Data Acquisition and Preservation
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Forensic Data Analysis
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Data Recovery
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Review and Reporting
        8.4.1 Market Trends
        8.4.2 Market Forecast
    8.5    Forensic Decryption
        8.5.1 Market Trends
        8.5.2 Market Forecast
    8.6    Others
        8.6.1 Market Trends
        8.6.2 Market Forecast
9    Market Breakup by End User
    9.1    BFSI
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    IT and Telecom
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    Government and Law Enforcement Agencies
        9.3.1 Market Trends
        9.3.2 Market Forecast
    9.4    Retail
        9.4.1 Market Trends
        9.4.2 Market Forecast
    9.5    Healthcare
        9.5.1 Market Trends
        9.5.2 Market Forecast
    9.6    Others
        9.6.1 Market Trends
        9.6.2 Market Forecast
10    Market Breakup by Region
    10.1    North America
        10.1.1 United States
           10.1.1.1 Market Trends
           10.1.1.2 Market Forecast
        10.1.2 Canada
           10.1.2.1 Market Trends
           10.1.2.2 Market Forecast
    10.2    Asia-Pacific
        10.2.1 China
           10.2.1.1 Market Trends
           10.2.1.2 Market Forecast
        10.2.2 Japan
           10.2.2.1 Market Trends
           10.2.2.2 Market Forecast
        10.2.3 India
           10.2.3.1 Market Trends
           10.2.3.2 Market Forecast
        10.2.4 South Korea
           10.2.4.1 Market Trends
           10.2.4.2 Market Forecast
        10.2.5 Australia
           10.2.5.1 Market Trends
           10.2.5.2 Market Forecast
        10.2.6 Indonesia
           10.2.6.1 Market Trends
           10.2.6.2 Market Forecast
        10.2.7 Others
           10.2.7.1 Market Trends
           10.2.7.2 Market Forecast
    10.3    Europe
        10.3.1 Germany
           10.3.1.1 Market Trends
           10.3.1.2 Market Forecast
        10.3.2 France
           10.3.2.1 Market Trends
           10.3.2.2 Market Forecast
        10.3.3 United Kingdom
           10.3.3.1 Market Trends
           10.3.3.2 Market Forecast
        10.3.4 Italy
           10.3.4.1 Market Trends
           10.3.4.2 Market Forecast
        10.3.5 Spain
           10.3.5.1 Market Trends
           10.3.5.2 Market Forecast
        10.3.6 Russia
           10.3.6.1 Market Trends
           10.3.6.2 Market Forecast
        10.3.7 Others
           10.3.7.1 Market Trends
           10.3.7.2 Market Forecast
    10.4    Latin America
        10.4.1 Brazil
           10.4.1.1 Market Trends
           10.4.1.2 Market Forecast
        10.4.2 Mexico
           10.4.2.1 Market Trends
           10.4.2.2 Market Forecast
        10.4.3 Others
           10.4.3.1 Market Trends
           10.4.3.2 Market Forecast
    10.5    Middle East and Africa
        10.5.1 Market Trends
        10.5.2 Market Breakup by Country
        10.5.3 Market Forecast
11    SWOT Analysis
    11.1    Overview
    11.2    Strengths
    11.3    Weaknesses
    11.4    Opportunities
    11.5    Threats
12    Value Chain Analysis
13    Porters Five Forces Analysis

    13.1    Overview
    13.2    Bargaining Power of Buyers
    13.3    Bargaining Power of Suppliers
    13.4    Degree of Competition
    13.5    Threat of New Entrants
    13.6    Threat of Substitutes
14    Price Analysis
15    Competitive Landscape

    15.1    Market Structure
    15.2    Key Players
    15.3    Profiles of Key Players
        15.3.1    AccessData Group Inc. (Exterro Inc.)
           15.3.1.1 Company Overview
           15.3.1.2 Product Portfolio
        15.3.2    Binary Intelligence LLC
           15.3.2.1 Company Overview
           15.3.2.2 Product Portfolio
        15.3.3    CCL (Solutions) Group Ltd
           15.3.3.1 Company Overview
           15.3.3.2 Product Portfolio
        15.3.4    Digital Detective Group Limited
           15.3.4.1 Company Overview
           15.3.4.2 Product Portfolio
        15.3.5    Global Digital Forensics
           15.3.5.1 Company Overview
           15.3.5.2 Product Portfolio
        15.3.6    KLDiscovery
           15.3.6.1 Company Overview
           15.3.6.2 Product Portfolio
           15.3.6.3 Financials
        15.3.7    LogRhythm Inc.
           15.3.7.1 Company Overview
           15.3.7.2 Product Portfolio
        15.3.8    Magnet Forensics
           15.3.8.1 Company Overview
           15.3.8.2 Product Portfolio
           15.3.8.3 Financials
        15.3.9    MSAB
           15.3.9.1 Company Overview
           15.3.9.2 Product Portfolio
           15.3.9.3 Financials
        15.3.10    OpenText Corporation
           15.3.10.1 Company Overview
           15.3.10.2 Product Portfolio
           15.3.10.3 Financials
           15.3.10.4 SWOT Analysis
        15.3.11    Oxygen Forensics Inc.
           15.3.11.1 Company Overview
           15.3.11.2 Product Portfolio
        15.3.12    Paraben Corporation
           15.3.12.1 Company Overview
           15.3.12.2 Product Portfolio

List of Figures

Figure 1: Global: Digital Forensics Market: Major Drivers and Challenges
Figure 2: Global: Digital Forensics Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Digital Forensics Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Digital Forensics Market: Breakup by Component (in %), 2021
Figure 5: Global: Digital Forensics Market: Breakup by Type (in %), 2021
Figure 6: Global: Digital Forensics Market: Breakup by Tool (in %), 2021
Figure 7: Global: Digital Forensics Market: Breakup by End User (in %), 2021
Figure 8: Global: Digital Forensics Market: Breakup by Region (in %), 2021
Figure 9: Global: Digital Forensics (Hardware) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Digital Forensics (Hardware) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Digital Forensics (Software) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Digital Forensics (Software) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Digital Forensics (Service) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Digital Forensics (Service) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Digital Forensics (Mobile Forensic) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Digital Forensics (Mobile Forensic) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Digital Forensics (Computer Forensic) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Digital Forensics (Computer Forensic) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Digital Forensics (Network Forensic) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Digital Forensics (Network Forensic) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: Digital Forensics (Other Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: Digital Forensics (Other Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: Digital Forensics (Data Acquisition and Preservation) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: Digital Forensics (Data Acquisition and Preservation) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Global: Digital Forensics (Forensic Data Analysis) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Global: Digital Forensics (Forensic Data Analysis) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Global: Digital Forensics (Data Recovery) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Global: Digital Forensics (Data Recovery) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Global: Digital Forensics (Review and Reporting) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Global: Digital Forensics (Review and Reporting) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Global: Digital Forensics (Forensic Decryption) Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Global: Digital Forensics (Forensic Decryption) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: Global: Digital Forensics (Other Tools) Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: Global: Digital Forensics (Other Tools) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: Global: Digital Forensics (BFSI) Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: Global: Digital Forensics (BFSI) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Global: Digital Forensics (IT and Telecom) Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Global: Digital Forensics (IT and Telecom) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: Global: Digital Forensics (Government and Law Enforcement Agencies) Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: Global: Digital Forensics (Government and Law Enforcement Agencies) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: Global: Digital Forensics (Retail) Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: Global: Digital Forensics (Retail) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: Global: Digital Forensics (Healthcare) Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: Global: Digital Forensics (Healthcare) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: Global: Digital Forensics (Other End Users) Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: Global: Digital Forensics (Other End Users) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: North America: Digital Forensics Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: North America: Digital Forensics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: United States: Digital Forensics Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: United States: Digital Forensics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: Canada: Digital Forensics Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: Canada: Digital Forensics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: Asia-Pacific: Digital Forensics Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: Asia-Pacific: Digital Forensics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: China: Digital Forensics Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: China: Digital Forensics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: Japan: Digital Forensics Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: Japan: Digital Forensics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: India: Digital Forensics Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: India: Digital Forensics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: South Korea: Digital Forensics Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: South Korea: Digital Forensics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: Australia: Digital Forensics Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: Australia: Digital Forensics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: Indonesia: Digital Forensics Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: Indonesia: Digital Forensics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: Others: Digital Forensics Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: Others: Digital Forensics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: Europe: Digital Forensics Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: Europe: Digital Forensics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: Germany: Digital Forensics Market: Sales Value (in Million US$), 2016 & 2021
Figure 72: Germany: Digital Forensics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: France: Digital Forensics Market: Sales Value (in Million US$), 2016 & 2021
Figure 74: France: Digital Forensics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 75: United Kingdom: Digital Forensics Market: Sales Value (in Million US$), 2016 & 2021
Figure 76: United Kingdom: Digital Forensics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 77: Italy: Digital Forensics Market: Sales Value (in Million US$), 2016 & 2021
Figure 78: Italy: Digital Forensics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 79: Spain: Digital Forensics Market: Sales Value (in Million US$), 2016 & 2021
Figure 80: Spain: Digital Forensics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 81: Russia: Digital Forensics Market: Sales Value (in Million US$), 2016 & 2021
Figure 82: Russia: Digital Forensics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 83: Others: Digital Forensics Market: Sales Value (in Million US$), 2016 & 2021
Figure 84: Others: Digital Forensics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 85: Latin America: Digital Forensics Market: Sales Value (in Million US$), 2016 & 2021
Figure 86: Latin America: Digital Forensics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 87: Brazil: Digital Forensics Market: Sales Value (in Million US$), 2016 & 2021
Figure 88: Brazil: Digital Forensics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 89: Mexico: Digital Forensics Market: Sales Value (in Million US$), 2016 & 2021
Figure 90: Mexico: Digital Forensics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 91: Others: Digital Forensics Market: Sales Value (in Million US$), 2016 & 2021
Figure 92: Others: Digital Forensics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 93: Middle East and Africa: Digital Forensics Market: Sales Value (in Million US$), 2016 & 2021
Figure 94: Middle East and Africa: Digital Forensics Market: Breakup by Country (in %), 2021
Figure 95: Middle East and Africa: Digital Forensics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 96: Global: Digital Forensics Industry: SWOT Analysis
Figure 97: Global: Digital Forensics Industry: Value Chain Analysis
Figure 98: Global: Digital Forensics Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Digital Forensics Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Digital Forensics Market Forecast: Breakup by Component (in Million US$), 2022-2027
Table 3: Global: Digital Forensics Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 4: Global: Digital Forensics Market Forecast: Breakup by Tool (in Million US$), 2022-2027
Table 5: Global: Digital Forensics Market Forecast: Breakup by End User (in Million US$), 2022-2027
Table 6: Global: Digital Forensics Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 7: Global: Digital Forensics Market: Competitive Structure
Table 8: Global: Digital Forensics Market: Key Players


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