Digital Forensics Industry Forecast and Size Analysis 2019-2023
Global Digital Forensics Industry was valued at USD 2.31 Billion in the year 2017. Global Digital Forensics Industry is further estimated to grow at a CAGR of 10.5% from 2018 to reach USD 4.32 Billion by the year 2023. North America region holds the highest Industry share in 2017 and Asia-Pacific Industry is considered as the fastest growing Industry in the forecasted period. At a country level, developed markets like the U.S. as well the emerging markets like China with highest population base holds a notable Industry share in 2017 and it is projected to grow at a gradual pace in the coming years. Major market players n Digital Forensics Industry are AccessData Group LLC, IBM Corporation, Guidance Software Inc., LogRhythm Inc., Cellebrite Ltd., Oxygen Forensics Inc., Paraben Corporation, KPMG, FireEye Inc., OpenText Corporation, Micro Systemation AB, NUIX and other 8 more companies information is provided in research report. IBM Corporation holding the significant Industry share because of its better global presence both at development and at an operational level. Rising research and development expenses to address the changing demand of end users. Similarly, growth strategies such as acquisition, merger, and expansion of the distribution network were few techniques adopted by most of the top players in the last 5 years.
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SWOT Analysis Digital Forensics Industry Drivers Increasing digital crimes Restraints