Global Forensic Technology Market Size, Status and Forecast 2021-2027

Forensic technology plays a vital role in identifying, interpreting and investigating facts and evidence at the site of crime.

It also helps in offering reliable and effective results, resolving different disputes, and solving criminal cases.

According to IMARC Group’s recently published report titled “Global Forensic Technologies Market Size, Share, Growth, Trends, Opportunity and Forecast 2020-2025”, the market is expected to grow at a CAGR of 5.8% during 2020-2025.Market TrendsThe increasing crime rates, in confluence with the growing prevalence of cybercrime, represent one of the key factors bolstering the global forensic technologies market growth.

Apart from this, the rising demand for advanced forensic technologies across the banking, healthcare and telecommunications industries is also strengthening the market growth.

Moreover, leading vendors in the industry are introducing advanced technologies, such as alternative light photography, which utilizes blue and orange light filters to determine the extent of damage on the skin.

These trends are expected to create a positive outlook for the market in the coming years.Key Market Segmentation:Market Breakup by Product1.

Global Network Forensic Market Research Report Information By Component (Solutions, Services), Deployment (Cloud, On-Premise), Application (Data Centre Security, Endpoint Security, Network Security, Application Security) and by Vertical — Forecast till 2023Market HighlightsThe network forensic is a part of digital forensic that uses real-time forensic tools for monitoring and analysis of data traffic with for information gathering and intrusion detection to protect the network from the cyberattacks..

Rapid advancement in digitalization and innovative technologies in commercial sectors and government stringent rules and regulations against the cyberattack threats are some of the factors which are responsible for the market growth of network forensic market during the forecast period.The global network forensic market is expected to reach approximately USD 3.12 Billion by 2023 growing at a ~17.4% CAGR over the forecast period 2018-2023.Globally, the network forensic market is categorized into component, deployment, application, organization size, and vertical.Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/6844The component segment of global network forensic market is categorized into solution and services.

The solution is further sub-segmented into intrusion detection system, security information and event management (SIEM), threat intelligence, packet capture analysis, log management, firewall management.The service is further sub-segmented into professional services and managed services.Depending on the deployment, the global network forensic market is categorized into on-premise and cloud.The application segment of global network forensic market is segmented into data center security, endpoint security, network security, application security, email security, and cloud security.The organization size of global network forensic market is segmented into large enterprise and small and medium enterprise.Furthermore, based on vertical, the global network forensic market is classified into automotive, banking and finance, education, energy and utilities, government, healthcare, retail, hospitality, manufacturing, and industrial.. Key playersSome of the global network forensic market includes Viavi Solutions (US), Trustwave Holdings Inc (US), Packet Forensics LLC (US), IBM Corporation (US),Cisco System Inc (US), FireEye Inc (US), Symantec Corporation (US), Corero Network Security (US), LogRhythm (US), Dell Technologies (RSA Security LLC), and AT & T (Alien Vault Inc.)  among others.

Regional AnalysisThe geographical analysis of global network forensic market is analyzed for the regions namely North America, Europe, Asia Pacific, and rest of the world.

Among these regions, the market is mostly dominated by North America.

Moreover, the region is expected to remain dominant throughout the forecast period in terms of market value and market share due to the presence of IT giants that include IBM Corporation, Cisco systems Inc.