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
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| 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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By Component: |
Hardware
Software and Tools
Services
|
|
By Type: |
Computer Forensics
Mobile Device Forensics
Network Forensics
Database Forensics
Malware Forensics
Email Forensics
Automotive Forensics
Drone Forensics
Others
|
|
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
|
|
By Industry: |
Government and Defense
Banking, Financial Services, and Insurance
Telecom and IT
Retail
Transportation and Logistics
Law Firms
Healthcare
Media and Entertainment
|
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 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 United States 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. United States Digital Forensics Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. 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, 2020-2026
7.2. United States Digital Forensics Market Size, Share and Forecast, By Component, 2027-2033
7.3. Hardware
7.4. Software and Tools
7.5. 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, 2020-2026
8.2. United States Digital Forensics Market Size, Share and Forecast, By Type, 2027-2033
8.3. Computer Forensics
8.4. Mobile Device Forensics
8.5. Network Forensics
8.6. Database Forensics
8.7. Malware Forensics
8.8. Email Forensics
8.9. Automotive Forensics
8.10. Drone Forensics
8.11. 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, 2020-2026
9.2. United States Digital Forensics Market Size, Share and Forecast, By Application, 2027-2033
9.3. Fraud Investigations
9.4. Intellectual Property Theft
9.5. Industrial Espionage
9.6. Forgery-Related Matters
9.7. Bankruptcy Investigations
9.8. Issues Concerning Regulatory Compliance
9.9. Employment Disputes
9.10. Inappropriate Use of the Internet
9.11. 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, 2020-2026
10.2. United States Digital Forensics Market Size, Share and Forecast, By Industry, 2027-2033
10.3. Government and Defense
10.4. Banking, Financial Services, and Insurance
10.5. Telecom and IT
10.6. Retail
10.7. Transportation and Logistics
10.8. Law Firms
10.9. Healthcare
10.10. Media and Entertainment
10.11. 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 States
12.4. East United States
12.5. North United States
12.6. South United States
13. Company Profile
13.1. IBM Corporation
13.1.1. Company details
13.1.2. Financial outlook
13.1.3. Product summary
13.1.4. Recent developments
13.2. Binary Intelligence LLC
13.2.1. Company details
13.2.2. Financial outlook
13.2.3. Product summary
13.2.4. Recent developments
13.3. Guidance Software Inc
13.3.1. Company details
13.3.2. Financial outlook
13.3.3. Product summary
13.3.4. Recent developments
13.4. AccessData Group LLC
13.4.1. Company details
13.4.2. Financial outlook
13.4.3. Product summary
13.4.4. Recent developments
13.5. KL Discovery Inc
13.5.1. Company details
13.5.2. Financial outlook
13.5.3. Product summary
13.5.4. Recent developments
13.6. Paraben Corporation
13.6.1. Company details
13.6.2. Financial outlook
13.6.3. Product summary
13.6.4. Recent developments
13.7. FireEye Inc
13.7.1. Company details
13.7.2. Financial outlook
13.7.3. Product summary
13.7.4. Recent developments
13.8. Synoptek Inc
13.8.1. Company details
13.8.2. Financial outlook
13.8.3. Product summary
13.8.4. Recent developments
13.9. Others
14. Conclusion
15. List of Abbreviation
16. Reference Links