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Forensic Technology Market Size
- Report ID: GMI7066
- Published Date: Oct 2023
- Report Format: PDF
Forensic Technology Market Size
Forensic Technology Market size was valued at USD 14.4 billion in 2022 and is expected to reach USD 36 billion by 2032 growing at a CAGR of 10.3% driven by the increasing crime rates and favourable initiatives by several government and law enforcement agencies. For instance, as per a study in 2022, in major cities of the U.S., homicides were 42.6% higher in 2022 compared to 2019, larceny by 20%, motor vehicle thefts by 21%, and residential and non-residential burglaries by 6% and 8%, respectively. As crime rates continue to rise, there is a growing demand for advanced forensic technologies to help law enforcement agencies solve cases more efficiently.
Forensic technology refers to the application of scientific and technological methods and tools to collect, analyse, and preserve evidence in criminal investigations and legal proceedings. It plays a crucial role in law enforcement, criminal justice, and the legal system. Forensic technology encompasses a wide range of techniques such as DNA analysis, fingerprinting, toxicology screening, etc.
| Report Attribute | Details |
|---|---|
| Base Year: | 2023 |
| Forensic Technology Market Size in 2023: | USD 14.4 Billion |
| Forecast Period: | 2024 to 2032 |
| Forecast Period 2024 to 2032 CAGR: | 9.9% |
| 2032 Value Projection: | USD 36 Billion |
| Historical Data for: | 2018 to 2023 |
| No. of Pages: | 260 |
| Tables, Charts & Figures: | 444 |
| Segments covered: | Technology, Component, Sample Type, Application and Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
Forensic Technology Market Scope
