United States Digital Forensics Market Growth, Size, Trends, Demand, Share and Future Outlook
United States Digital Forensics Market Size- By Component, By Type, By Application, By Industry- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: May-2024 | Report ID: IACT2497 | Pages: 1 - 107 | Formats*: |
| Category : Information & Communications Technology | |||
United States Digital Forensics Market Introduction and Overview
According to SPER Market Research, the United States Digital Forensics Market is estimated to reach USD 9.06 billion by 2033 with a CAGR of 12.33%.
The report includes an in-depth analysis of the United States Digital Forensics Market, including market size and trends, product mix, Applications, and supplier analysis. Digital forensics is a subfield of forensic science concerned with locating, obtaining, processing, analyzing, and reporting material stored electronically. Electronic evidence is a component of practically every illegal activity, and digital forensics assistance is critical for law enforcement investigations. Digital forensics entails gathering electronic evidence from a variety of sources, including computers, smartphones, remote storage, unmanned aerial systems, and shipborne technology. The methodology often involves extracting data from electronic evidence, turning it into actionable information, and presenting the prosecution's conclusions.
- Foreign cyber foes have long been aiming their weapons at the US financial sector. Owing to this phenomena, the US government has enacted legislation requiring the private sector to establish a dedicated cyber protection team (CPT) that will offer advanced analysis and network and endpoint forensics in the case of an ongoing cyberattack.
- Fintactics partnered with Aion Digital in a joint venture and introduced Lezaam. All the features and capabilities needed for digital onboarding and eKYC from journey orchestration are included in RegTech-as-a-Service.
- The Kandy Unified Communications-as-a-Service (UCaaS) solution has been implemented by Synoptek for the Global Furniture Group (Global Furniture). Furthermore, it has purchased Optistar Technology Consultants, a technology services company owned by The Vertex Companies, LLC, which has operations in Boston, Denver, Seattle, New York, and Denver.
Market Opportunities and Challenges
Opportunities: The growing danger scenario from cyberspace is one of the main factors propelling this market's expansion. There is a growing need for digital forensic services and technologies as cyberattacks get more complex and common. To analyze and mitigate cyber incidents, government agencies, law enforcement, and private enterprises are making significant investments in digital forensics. The field of digital forensics has expanded from dealing with small-time computer crimes to looking at intricate global issues that have a big impact on society. The growing reliance on digital technologies in many sectors of the economy has led to tremendous expansion and evolution in the US digital forensic market in recent years. This ever-evolving subject deals with gathering, evaluating, and archiving digital evidence for use in legal and investigative processes. The growing number of cybercrimes, company data breaches, and the widespread use of digital devices have all contributed to the market's expansion.
Challenges: The extensive usage of robust encryption in businesses and the lack of thorough pre-planning techniques present significant challenges for digital forensics. Although encryption is necessary to protect sensitive data, it frequently prevents forensic investigators from accessing and examining digital evidence. Businesses are using stronger encryption techniques more and more, which makes it challenging to recover data during investigations. The scenario is further exacerbated by inadequate pre-planning inside businesses, as critical evidence may be destroyed or rendered inaccessible during incidents, resulting in longer investigations, more expenses, and possible legal problems. By putting strong pre-planning methods in place to store and retrieve digital evidence, businesses can address these issues by striking a balance between data security and efficient digital forensics.
Market Competitive Landscape
There are a number of significant players in the competitive and fragmented Digital Forensics market. IBM Corporation, Binary Intelligence LLC, Guidance Software Inc, AccessData Group LLC, KL Discovery Inc, Paraben Corporation, FireEye Inc, and Synoptek Inc are a few of the major companies operating in the market.
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 Type, By Application, By Industry |
| Regions covered | West United States, East United States, North United States, South United States |
| Companies Covered | IBM Corporation, Binary Intelligence LLC, Guidance Software Inc, AccessData Group LLC, KL Discovery Inc, Paraben Corporation, FireEye Inc, Synoptek Inc. |
COVID-19 Impact on United States Digital Forensics Market
The company moved from traditional workplace practices to working from home in order to comply with legal and societal aims, such as social distancing and self-isolation, during COVID-19, which increased demand for remote working solutions. There was a great deal of organizational stress and crisis at this time, as well as the emergence of fresh fraud and misconduct risks. Internal controls also lagged behind the changing threats, necessitating more forensic investigations.
Key Target Audience:
- E-commerce Companies
- Potential Market Entrants
- Digital forensics Companies
- Industry Associations
- Consulting Agencies
- Government Regulating Authorities
- New Market Entrant
Our in-depth analysis of the United States Digital Forensics Market includes the following segments:
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Key Topics Covered in the Report:
- United States Digital Forensics Market Size (FY’2024-FY’2033)
- Overview of United States Digital Forensics Market
- Segmentation of United States Digital Forensics Market By Component (Hardware, Software and Tools, Services)
- Segmentation of United States Digital Forensics Market By Type (Computer Forensics, Mobile Device Forensics, Network Forensics, Database Forensics, Malware Forensics, Email Forensics Automotive Forensics, Drone Forensics, Others)
- Segmentation of United States Digital Forensics Market By Application (Fraud Investigations, Intellectual Property Theft, Industrial Espionage, Forgery-Related Matters, Bankruptcy Investigations, Issues Concerning Regulatory Compliance, Employment Disputes, Inappropriate Use of the Internet, Email in the Workplace)
- Segmentation of United States Digital Forensics Market By Industry (Government and Defense, Banking, Financial Services, and Insurance, Telecom and IT, Retail, Transportation and Logistics, Law Firms, Healthcare, Media and Entertainment, Others)
- Statistical Snap of United States Digital Forensics Market
- Expansion Analysis of United States Digital Forensics Market
- Problems and Obstacles in United States Digital Forensics Market
- Competitive Landscape in the United States Digital Forensics Market
- Impact of COVID-19 and Demonetization on United States Digital Forensics Market
- Details on Current Investment in United States Digital Forensics Market
- Competitive Analysis of United States Digital Forensics Market
- Prominent Players in the United States Digital Forensics Market
- SWOT Analysis of United States Digital Forensics Market
- United States Digital Forensics Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges
4.2. COVID-19 Impacts of the United States Digital Forensics Market.
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. United States Digital Forensics Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in United States Digital Forensics Market
7. United States Digital Forensics Market, By Component (USD Million) 2020-2033
7.1. United States Digital Forensics Market Size, Share and Forecast, By Component, 2020-20267.2. United States Digital Forensics Market Size, Share and Forecast, By Component, 2027-20337.3. Hardware7.4. Software and Tools7.5. Services
8. United States Digital Forensics Market, By Type (USD Million) 2020-2033
8.1. United States Digital Forensics Market Size, Share and Forecast, By Type, 2020-20268.2. United States Digital Forensics Market Size, Share and Forecast, By Type, 2027-20338.3. Computer Forensics8.4. Mobile Device Forensics8.5. Network Forensics8.6. Database Forensics8.7. Malware Forensics8.8. Email Forensics8.9. Automotive Forensics8.10. Drone Forensics8.11. Others
9. United States Digital Forensics Market, By Application (USD Million) 2020-2033
9.1. United States Digital Forensics Market Size, Share and Forecast, By Application, 2020-20269.2. United States Digital Forensics Market Size, Share and Forecast, By Application, 2027-20339.3. Fraud Investigations9.4. Intellectual Property Theft9.5. Industrial Espionage9.6. Forgery-Related Matters9.7. Bankruptcy Investigations9.8. Issues Concerning Regulatory Compliance9.9. Employment Disputes9.10. Inappropriate Use of the Internet9.11. Email in the Workplace
10. United States Digital Forensics Market, By Industry (USD Million) 2020-2033
10.1. United States Digital Forensics Market Size, Share and Forecast, By Industry, 2020-202610.2. United States Digital Forensics Market Size, Share and Forecast, By Industry, 2027-203310.3. Government and Defense10.4. Banking, Financial Services, and Insurance10.5. Telecom and IT10.6. Retail10.7. Transportation and Logistics10.8. Law Firms10.9. Healthcare10.10. Media and Entertainment10.11. Others
11. United States Digital Forensics Market Forecast, 2020-2033 (USD Million)
11.1. United States Digital Forensics Market Size and Market Share
12. United States Digital Forensics Market, By Region, 2020-2033 (USD Million)
12.1. United States Digital Forensics Market Size and Market Share By Region (2020-2026)12.2. United States Digital Forensics Market Size and Market Share By Region (2027-2033)12.3. West United States12.4. East United States12.5. North United States12.6. South United States
13. Company Profile
13.1. IBM Corporation13.1.1. Company details13.1.2. Financial outlook13.1.3. Product summary13.1.4. Recent developments13.2. Binary Intelligence LLC13.2.1. Company details13.2.2. Financial outlook13.2.3. Product summary13.2.4. Recent developments13.3. Guidance Software Inc13.3.1. Company details13.3.2. Financial outlook13.3.3. Product summary13.3.4. Recent developments13.4. AccessData Group LLC13.4.1. Company details13.4.2. Financial outlook13.4.3. Product summary13.4.4. Recent developments13.5. KL Discovery Inc13.5.1. Company details13.5.2. Financial outlook13.5.3. Product summary13.5.4. Recent developments13.6. Paraben Corporation13.6.1. Company details13.6.2. Financial outlook13.6.3. Product summary13.6.4. Recent developments13.7. FireEye Inc13.7.1. Company details13.7.2. Financial outlook13.7.3. Product summary13.7.4. Recent developments13.8. Synoptek Inc13.8.1. Company details13.8.2. Financial outlook13.8.3. Product summary13.8.4. Recent developments13.9. Others
14. Conclusion
15. List of Abbreviation
16. Reference Links
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.
Frequently Asked Questions About This Report
The North America anticipated to have the highest market share in the United States Digital Forensics Market.
The key players in the market include Companies Covered IBM Corporation, Binary Intelligence LLC, Guidance Software Inc, AccessData Group LLC, KL Discovery Inc, Paraben Corporation, FireEye Inc, Synoptek Inc.
"The methodology often involves extracting data from electronic evidence, turning it into actionable information, and presenting the prosecution's conclusions.
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United States Digital Forensics Market is projected to reach USD 9.06 billion by 2033, growing at a CAGR of 12.33% during the forecast period.
United States Digital Forensics Market size from 2022. The Market is expected to reach USD 9.06 billion by 2033, at a CAGR of 12.33% during the forecast period.
United States Digital Forensics Market CAGR of 12.33% during the forecast period.
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United States Digital Forensics Market size is 9.06 billion from 2024 to 2033.
United States Digital Forensics Market Segment is covered By Component, By Type, By Application, By Industry.
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