Digital Forensics Market Surge Valuation Of USD 9.68 billion By 2022: Report by MarketsandMarkets™

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Digital Forensics Market Set for Rapid Growth Of USD 9.68 Billion By 2022: MarketsandMarkets™ Digital Forensics Market The report "Digital Forensics Market by Component (Hardware, Software, and Services), Type (Computer Forensics, Network Forensics, Mobile Device Forensics, and Cloud Forensics), Tool, Vertical, and Region - Global Forecast to 2022", The digital forensics market size is expected to grow from USD 4.62 Billion in 2017 to USD 9.68 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 15.9% during the forecast period. The demand for digital forensics is expected to be driven by stringent government regulations and the increasing instances of cyber-attacks on enterprises. Moreover, the massive use of Internet of Things (IoT) devices is expected to increase the demand for digital forensics software during the forecast period. Browse 128 Tables and 38 Figures spread through 144 Pages and in-depth TOC on "Digital Forensics Market by Component (Hardware, Software, and Services), Type (Computer Forensics, Network Forensics, Mobile Device Forensics, and Cloud Forensics), Tool, Vertical, and Region - Global Forecast to 2022" Request Free Sample Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=230663168 The computer forensics segment is expected to hold the largest market share during the forecast period Advancements in technologies have intensified the sophistication of attacks on digital devices, such as computers and laptops. A majority of the business and personal transactional activities are performed electronically, wherein deals are performed over emails, and the confidential data is saved on personal address books and hard drives. The identification, preservation, collection, analysis, and reporting on evidence found on such devices are termed as computer forensics. Computer forensics has received a fair deal of recognition and attention from various government agencies and regulators. The Banking, Financial Services, and Insurance (BFSI) vertical is expected to grow at the fastest rate during the forecast period The BFSI vertical is subject to cybercrimes and digital frauds. The use of sophisticated cyberattacking tools and the inability of cybersecurity solutions to detect attacking elements result in huge financial losses for the BFSI vertical. Moreover, mobile banking has also led to an increase in fraud incidents, wherein attackers have gained access to customer information and data. The digital forensic providers help the BFSI vertical by providing intelligent gathering mechanism, dedicated forensic tools for investigation, and forensic investigation training to gather digital evidence. Hence, this vertical is expected to grow at the fastest rate as compared to that of the other verticals. The major vendors providing digital forensics hardware, software, and services include AccessData (US), OpenText (Canada), MSAB (Sweden), Oxygen Forensics (US), Cellebrite


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