Global Digital Forensics Market (2020 to 2026) - Featuring IBM, FireEye and Cisco Systems Among Others
DUBLIN, June 11, 2021 /PRNewswire/ -- The "Digital Forensics Market 2020-2026" report has been added to ResearchAndMarkets.com's offering.
The global digital forensics market is growing at a CAGR of nearly 13.0% during the forecast period. The major factors that are augmenting the growth of the market include the rising incidences of cybercrime and the extensive usage of IoT devices. Digital forensics is used in criminal investigations and private investigations. It is used to secure evidence and provide it to the court for decision making. It is useful in civil cases as it is useful in electronic discovery. Digital forensics is very useful against cyberattack and other cyber crimes as it can track down cybercriminals across the globe. It is useful for storing evidence for any cases or investigation.
This, in turn, is contributing to the demand for digital forensics to collects, processes, preserves, analyzes, and show computer-related evidence for counterintelligence, fraud, network vulnerability mitigation, criminal, or law enforcement investigations. Asia-Pacific is estimated to witness the fastest growth in the market during the forecast period. The rising adoption of cloud computing and internet penetration has resulted in the growth of cybercrimes and digital crimes in the region. This, in turn, is expected to offer an opportunity for market growth.
Market Players Outlook
Key players operating in the market include IBM Corp., Fire Eye Inc., Cisco Systems, Inc., Micro Systemation AB, and Secure works Inc. To survive in the market, the market players are using different marketing strategies such as mergers and acquisitions, product launch, and geographical expansion, and so on. For instance, in December 2020, Exterro acquired Access Data, a digital forensics provider. This acquisition augments the vision of Exterro to empower customers to manage their risk and compliance (GRC), legal governance obligations while keeping and ensuring the extreme levels of data integrity defensibly and proactively. By combining forces with Access Data, Exterro can provide companies, government agencies, law enforcement, law firms and legal service providers with the only solution available to address all legal GRC and digital investigation requirements in one integrated platform.
The Report Covers
Key Topics Covered:
For E.S.T Office Hours Call +1-917-300-0470
U.S. Fax: 646-607-1904
SOURCE Research and Markets