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Network Forensics Market - Trends and Forecasts by Technavio
[October 05, 2017]

Network Forensics Market - Trends and Forecasts by Technavio


Technavio's latest report on the global network forensics market provides an analysis on the most important trends expected to impact the market outlook from 2017-2021. Technavio defines an emerging trend as a factor that has the potential to significantly impact the market and contribute to its growth or decline.

This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20171005005676/en/

Technavio has published a new report on the global network forensics market from 2017-2021. (Graphic ...

Technavio has published a new report on the global network forensics market from 2017-2021. (Graphic: Business Wire)

The global network forensics market will post a CAGR of over 15% during the forecast period. One of the major driving factors is the increase in the virtualization of servers. Large enterprises are increasingly virtualizing their servers to increase productivity, centralize management, and cut costs. In addition, new and complex forms of threats are emerging that have the capability to bring down the entire infrastructure of companies. This is leading to the increased demand for network forensics.

Amrita Choudhury, an industry expert in research on IT security sector, says, "With the increase in the number of attacks and threats from hackers, the need for advanced security solutions is growing rapidly. The rise in the transfer of critical and confidential data has led to the higher adoption of network forensics among enterprises and network service providers. The growing use of mobile devices for professional and personal use is also contributing to the demand for network forensics because these devices are highly vulnerable to attack."

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The top three emerging trends driving the global network forensics market according to Technavio research analysts are:

  • Demand for managed security services
  • Increase in number of DDoS attacks
  • Popularity of cloud-based network forensics

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Demand for managed security services

Organizations face immense pressure in day-to-day business operations related to information security and other functions such as resource unavailability, customer data theft, targeted malware, and shortage of IT-skilled employees. As a result, a growing number of them are preferring the use of managed security services to mitigate day-to-day challenges.

"Organizations can outsource their network security requirements such as intrusion detection, VPN, managed antivirus and firewall, and others to these third-party MSSPs. This enables these organizations to focus on their core competencies better as the MSSPs take care of all of the security-related programs including their maintenance, optimization, and support services," according to Amrita.

Increase in number of DDoS attacks

Hackers have been increasingly attacking network layers rather than application layers. DoS has become a common technique to steal the confidential information of organizations. This technique allows the hackers to send harmful data into a user's web server and network resources to increase traffic. In addition, it also automatically induces requests for access and blocks both the server and accessibility to legitimate users.

Hackers are also opting for DDoS, a scaled-up version of DoS, to conduct coordinated attacks from multiple systems. The impact of such an attack is much more than what was possible with DoS. The increased use of the Internet and the high adoption of mobile devices have increased the vulnerability of networks, leading to an increasing number of DDoS attacks.

Popularity of cloud-based network forensics

As the cloud is a convenient and cost-effective way to store critical business data, its adoption is increasing among SMEs worldwide. Consequently, the demand for cloud security solutions such as cloud network forensics is also growing. As on-premise security solutions are expensive, their adoption is limited among SMEs due to budget constraints, limited resource availability, and the lack of expertise to address security problems.

Cloud-based network forensic solutions do not require any hardware or software and can be controlled remotely, making them cost-effective for end-users. These solutions also respond faster to new security threats and unauthorized access. Cloud-based network forensic solutions scan the data traffic before it reaches the network, providing better protection and reduced bandwidth congestion.

The key vendors are as follows:

  • Corero Network Security
  • IBM
  • LogRhythm
  • NETSCOUT
  • RSA Security (Dell (News - Alert))

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About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team at media@technavio.com.


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