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Digital Forensics Market Size
- Report ID: GMI7367
- Published Date: Dec 2024
- Report Format: PDF
Digital Forensics Market Size
The global digital forensics market size was valued at USD 9.4 billion in 2024 and is projected to grow at a CAGR of 12.5% between 2025 and 2034, propelled the rising frequency and sophistication of cybercrimes. As organizations increasingly digitize their operations, they face a surge in cyber threats, including data breaches, ransomware, and insider threats. This necessitates robust digital forensics solutions to investigate, mitigate, and prevent such incidents effectively.
Regulatory compliance requirements and laws mandating data protection and breach investigation further compel businesses to invest in forensic tools and services. Additionally, advancements in technologies like AI and blockchain enhance the precision and speed of forensic analysis, fueling market growth.
| Report Attribute | Details |
|---|---|
| Base Year: | 2024 |
| Digital Forensics Market Size in 2024: | USD 9.4 Billion |
| Forecast Period: | 2025 - 2034 |
| Forecast Period 2025 - 2034 CAGR: | 12.5% |
| 2034 Value Projection: | USD 29.7 Billion |
| Historical Data for: | 2021 – 2024 |
| No. of Pages: | 180 |
| Tables, Charts & Figures: | 200 |
| Segments covered: | Type, Tools, Component, Industry vertical |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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For instance, according to GMI, Cybersecurity in Logistics Market size was valued at USD 7.2 billion in 2023 and is anticipated to grow at a CAGR of over 10% between 2024 and 2032, driven by the rapid digital transformation within the industry. Furthermore, according to the U.S. Department of Homeland Security, the logistics sector has seen a significant increase in cyber threats due to the adoption of digital technologies. The department’s Cybersecurity and Infrastructure Security Agency (CISA) reported that cyber incidents in the transportation and logistics sector increased by 50% from 2020 to 2023.
Another significant driver of the digital forensics market is the growing adoption of cloud computing and IoT devices. As businesses and individuals increasingly rely on cloud storage and interconnected devices, the volume of digital data susceptible to cyber threats expands. This creates a pressing need for digital forensics solutions capable of analyzing complex data environments and addressing cloud-specific challenges. The rise in IoT-related security breaches further accelerates demand for forensic tools to ensure data integrity and secure critical systems.
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Digital Forensics Market Scope
