North America Digital Forensics Market Introduction and Overview
According to SPER Market Research, the North America Digital Forensics Market is estimated to reach USD XX billion by 2033 with a CAGR 9.17%.
The report includes an in-depth analysis of the North America Digital Forensics Market, including market size and trends, product mix, distribution channels, and supplier analysis. The branch of forensic science known as "digital forensics" is dedicated to the identification, acquisition, processing, analysis, and reporting of data that is stored electronically. Nearly all illegal acts include electronic evidence, and digital forensics help is essential for law enforcement investigations. Gathering electronic evidence from several sources, including computers, cellphones, remote storage, unmanned aerial systems, and shipborne devices, is the task of digital forensics. The approach that is typically employed is taking information out of the electronic evidence, turning it into useful intelligence, and then presenting the prosecution's conclusions.
- January 2021: To improve security information and event management with cloud-based analytics, network visibility, and threat detection capabilities, LogRhythm, supported by private equity firm ThomaBravo, bought MistNet. The company claims that by acquiring this technology, users will be able to provide intelligent, machine learning-based detection and response capabilities to address both present and future security and risk issues. These capabilities will include network detection, user and entity behavior analytics (UEBA), endpoint detection and response data (EDR), and additional MITRE ATT&CK detections.
Market Opportunities and Challenges
Opportunities: The demand for digital forensics is being driven by the Internet of Things (IoT) and the rapidly growing number of computers, smartphones, and other electronic devices in the region.
Other variables influencing digital forensics usage in North America include law enforcement and technological breakthroughs. On the other hand, the market's expansion can be hampered by elements including a lack of specialist knowledge, the use of proprietary operating systems, and the high level of encryption in recent mobile applications. Furthermore, major companies in the market have been engaging in a number of mergers and acquisitions to broaden their product offerings and increase their market share.
Challenges: Expensive Sophisticated digital forensics equipment One of the biggest obstacles facing organizations, especially small and medium-sized businesses (SMEs), is the expense of obtaining and deploying cutting-edge digital forensics tools. Particularly for firms with limited resources, the substantial upfront expenditure and continuous upkeep expenses could restrict the implementation of digital forensics systems.
Market Competitive Landscape
The Digital Forensics in North America is highly consolidasted. Some of the market key players are AccessData Group LLC, Binary Intelligence LLC, Cisco Systems Inc., FireEye Inc., Guidance Software Inc. (Opentext), IBM Corporation, KLDiscovery Inc., LogRhythm Inc., Oxygen Forensics Inc., Paraben Corporation, Others.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Component, By Tye, By End User
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| Regions covered | United States, Canada and Rest of North America
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| Companies Covered | AccessData Group LLC, Binary Intelligence LLC, Cisco Systems Inc., FireEye Inc., Guidance Software Inc. (Opentext), IBM Corporation, KLDiscovery Inc., LogRhythm Inc., Oxygen Forensics Inc., Paraben Corporation, Others.
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COVID-19 Impact on North America Digital Forensics Market
Because many organizations are switching from traditional workplace practices to work from home environments, there is a surge in demand for remote working solutions during this pandemic. As more and more unprotected personal devices get access to the organization's network, there is an increased danger that network security may be compromised. This means that these changes need to be carefully considered in the context of the cybersecurity of the company.
Key Target Audience:
- Law Enforcement and Investigative Agencies
- Government Agencies
- Corporate Security Departments
- Legal Professionals
- Cybersecurity Firms
- IT Security Professionals
- Digital Forensics Service Providers
- Academic Institutions
Our in-depth analysis of the North America Digital Forensics Market includes the following segments:
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By Component: |
Hardware
Software
Services
|
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By Type: |
Mobile Forensic
Computer Forensic
Network Forensic
Others
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|
By End User: |
Government and law Enforcement Agencies
BFSI
IT and Telecom
Others
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Key Topics Covered in the Report:
- North America Digital Forensics Market Size (FY’2024-FY’2033)
- Overview of North America Digital Forensics Market
- Segmentation of North America Digital Forensics Market By Component (Hardware, Software, Services)
- Segmentation of North America Digital Forensics Market By Type (Mobile Forensic, Computer Forensic, Network Forensic, Others)
- Segmentation of North America Digital Forensics Market By End User (Government and law Enforcement Agencies, BFSI, IT and Telecom, Others)
- Expansion Analysis of North America Digital Forensics Market
- Problems and Obstacles in North America Digital Forensics Market
- Competitive Landscape in the North America Digital Forensics Market
- Impact of COVID-19 and Demonetization on North America Digital Forensics Market
- Details on Current Investment in North America Digital Forensics Market
- Competitive Analysis of North America Digital Forensics Market
- Prominent Players in the North America Digital Forensics Market
- SWOT Analysis of North America Digital Forensics Market
- North America Digital Forensics Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the North America Digital Forensics Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. North America Digital Forensics Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in North America Digital Forensics Market
7. North America Digital Forensics Market, By Component (USD Million) 2020-2033
7.1. North America Digital Forensics Market Size, Share and Forecast, By Component, 2020-2026
7.2. North America Digital Forensics Market Size, Share and Forecast, By Component, 2027-2033
7.3. Hardware
7.4. Software
7.5. Services
8. North America Digital Forensics Market, By Type (USD Million) 2020-2033
8.1. North America Digital Forensics Market Size, Share and Forecast, By Type, 2020-2026
8.2. North America Digital Forensics Market Size, Share and Forecast, By Type, 2027-2033
8.3. Mobile Forensic
8.4. Computer Forensic
8.5. Network Forensic
8.6. Others
9. North America Digital Forensics Market, By End User (USD Million) 2020-2033
9.1. North America Digital Forensics Market Size, Share and Forecast, By End User, 2020-2026
9.2. North America Digital Forensics Market Size, Share and Forecast, By End User, 2027-2033
9.3. Government and law Enforcement Agencies
9.4. BFSI
9.5. IT and Telecom
9.6. Others
10. North America Digital Forensics Market Forecast, 2020-2033 (USD Million)
10.1. North America Digital Forensics Market Size and Market Share
11. North America Digital Forensics Market, By Region, 2020-2033 (USD Million)
11.1. North America Digital Forensics Market Size and Market Share By Region (2020-2026)
11.2. North America Digital Forensics Market Size and Market Share By Region (2027-2033)
11.3. United States
11.4. Canada
12. Company Profile
12.1. AccessData Group LLC
12.1.1. Company details
12.1.2. Financial outlook
12.1.3. Product summary
12.1.4. Recent developments
12.2. Binary Intelligence LLC
12.2.1. Company details
12.2.2. Financial outlook
12.2.3. Product summary
12.2.4. Recent developments
12.3. Cisco Systems Inc.
12.3.1. Company details
12.3.2. Financial outlook
12.3.3. Product summary
12.3.4. Recent developments
12.4. FireEye Inc.
12.4.1. Company details
12.4.2. Financial outlook
12.4.3. Product summary
12.4.4. Recent developments
12.5. Guidance Software Inc. (Opentext)
12.5.1. Company details
12.5.2. Financial outlook
12.5.3. Product summary
12.5.4. Recent developments
12.6. IBM Corporation
12.6.1. Company details
12.6.2. Financial outlook
12.6.3. Product summary
12.6.4. Recent developments
12.7. KLDiscovery Inc.
12.7.1. Company details
12.7.2. Financial outlook
12.7.3. Product summary
12.7.4. Recent developments
12.8. LogRhythm Inc.
12.8.1. Company details
12.8.2. Financial outlook
12.8.3. Product summary
12.8.4. Recent developments
12.9. Oxygen Forensics Inc.
12.9.1. Company details
12.9.2. Financial outlook
12.9.3. Product summary
12.9.4. Recent developments
12.10. Paraben Corporation
12.10.1. Company details
12.10.2. Financial outlook
12.10.3. Product summary
12.10.4. Recent developments
12.11. Others
13. Conclusion
14. Reference Links
15. List of Abbreviations
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
