Digital Forensics Market Size To Reach $26.15 Billion By 2030

Digital Forensics Market Growth & Trends

The global digital forensics market size is expected to reach USD 26.15 billion by 2030, registering a CAGR of 15.1% from 2024 to 2030, according to a new report by Grand View Research, Inc. Rising internet penetration, advancements in computing technology, and instances of cyberattacks are some of the key growth driving factors. Additionally, increasing demand for sophisticated cybersecurity tools to detect and investigate cyberattacks and financial frauds among large as well as small and medium enterprises is expected to drive the market growth.

Digital forensic tools assist in lost data analysis, reconstruction, and evidence collection from digital devices. Enterprises across the globe focus on adopting these tools to identify and avoid cyberattacks. The enterprises have to follow several regulations and compliances regarding consumer data privacy, such as General Data Protection Regulation (GDPR), California Consumer Privacy Act of 2018 (CCPA), and Personal Information Protection and Electronic Documents Act (PIPEDA), among others. This is expected to encourage the adoption of digital forensic solutions and services.

The foremost application of digital forensics is found in private and criminal investigation. Factors, such as rising internet penetration, usage of electronic devices, and smart devices, among others have led to a surge in cyberattacks across the globe. Rising intensity of cyberattacks is anticipated to further propel the demand for digital forensic tools over the forecast period. Digital forensics tools are increasingly being used to resolve issues related to cyber threat in the enterprises. The tools aid in investigating data stored in digital devices, examine suspect data, and then use it as a digital evidence in the court.

 Request a free sample copy or view report summary: Digital Forensics Market Report

Digital Forensics Market Report Highlights

• The service segment is expected to expand at the fastest CAGR over the forecast period, as the services provide broad reporting capabilities for authenticating the regulatory compliance with security policies for users.

• The cloud forensics segment is anticipated to expand at the fastest CAGR over the forecast period, attributed to rising adoption of cloud technologies in enterprises globally, which have led to a rise in number of cyberattacks.

• North America dominated the market in 2023 and is expected to maintain its dominance over the forecast period, attributed to presence of large number of digital forensics solution and services providers and robust infrastructure for adopting these solution and services.

Digital Forensics Market Segmentation

Grand View Research has segmented the global digital forensics market based on component, type, tool, end-use, and region:

Digital Forensics Component Outlook (Revenue, USD Billion, 2018 - 2030)

• Hardware

• Software

• Service

Digital Forensics Type Outlook (Revenue, USD Billion, 2018 - 2030)

• Computer Forensics

• Network Forensics

• Mobile Device Forensics

• Cloud Forensics

Digital Forensics Tool Outlook (Revenue, USD Billion, 2018 - 2030)

• Data Acquisition & Preservation

• Forensic Data Analysis

• Data Recovery

• Review & Reporting

• Forensic Decryption

• Others

Digital Forensics End Use Outlook (Revenue, USD Billion, 2018 - 2030)

• Government and Defense

• Law Enforcement

• Banking, Financial Services, and Insurance (BFSI)

• IT & Telecom

• Retail

• Healthcare

• Others

Digital Forensics Regional Outlook (Revenue, USD Billion, 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • UK

  • Germany

  • France

  • Italy

  • Spain

• Asia Pacific

  • Japan

  • India

  • China

  • Australia

  • South Korea

• Latin America

  • Brazil

• Middle East & Africa

  • South Africa

  • Saudi Arabia

  • UAE

List of Key Players in the Digital Forensics Market

• Paraben Corporation

• LogRhythm, Inc.

• Magnet Forensics

• MSAB

• Exterro

• NUIX

• Open Text Corporation

• Cellebrite

• Cisco Systems, Inc.

• IBM