The global market for Forensic Technologies and Services is estimated at US$20.2 Billion in 2023 and is projected to reach US$41.5 Billion by 2030, growing at a CAGR of 10.9% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the forensic technologies and services market is driven by several factors. The increasing incidence of crime and the growing complexity of criminal activities, particularly cybercrime, necessitate advanced forensic solutions. The rising demand for forensic services from law enforcement agencies and legal entities is a primary driver, as these organizations seek to leverage advanced technologies for more effective investigations. Technological advancements that enhance the accuracy, speed, and capabilities of forensic tools further fuel market growth.
Additionally, the increasing emphasis on forensic science education and training, along with government investments in forensic infrastructure, supports the expansion of the market. The integration of forensic technologies in private sectors, such as corporate investigations and cybersecurity, also contributes to market growth. These factors collectively highlight the dynamic and evolving nature of the forensic technologies and services market, reflecting its critical role in modern criminal justice and investigation processes.
The growth in the forensic technologies and services market is driven by several factors. The increasing incidence of crime and the growing complexity of criminal activities, particularly cybercrime, necessitate advanced forensic solutions. The rising demand for forensic services from law enforcement agencies and legal entities is a primary driver, as these organizations seek to leverage advanced technologies for more effective investigations. Technological advancements that enhance the accuracy, speed, and capabilities of forensic tools further fuel market growth.
Additionally, the increasing emphasis on forensic science education and training, along with government investments in forensic infrastructure, supports the expansion of the market. The integration of forensic technologies in private sectors, such as corporate investigations and cybersecurity, also contributes to market growth. These factors collectively highlight the dynamic and evolving nature of the forensic technologies and services market, reflecting its critical role in modern criminal justice and investigation processes.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Forensic Services segment, which is expected to reach US$27.6 Billion by 2030 with a CAGR of a 11.9%. The Forensic Solutions segment is also set to grow at 9.0% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $7.2 Billion in 2023, and China, forecasted to grow at an impressive 11.1% CAGR to reach $2.7 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Forensic Technologies and Services Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Forensic Technologies and Services Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Forensic Technologies and Services Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Agilent Technologies, Inc., BAE Systems Plc, Belkasoft, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 280 Featured):
- Agilent Technologies, Inc.
- BAE Systems Plc
- Belkasoft
- Capsicum Group LLC
- Computer Forensic, Inc.
- Creative Forensic Services, LLC
- Cyber Agents, Inc.
- Forensic Fluids Laboratories Inc.
- Forensic Pathways Ltd.
- Forensics Consulting Solutions, LLC
- Foster + Freeman Ltd.
- Global Digital Forensics, Inc.
- HORIBA, Ltd.
- Illumina, Inc.
- LGC Limited
- Neogen Corporation
- NMS Labs
- Pyramidal Technologies Ltd.
- Thermo Fisher Scientific Inc.
- Tri-Tech Forensics, Inc.
- Ultra-Electronics Forensic Technology Inc.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAJAPANCHINAFRANCEGERMANYITALYUNITED KINGDOMREST OF EUROPEREST OF WORLDIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
EUROPE
ASIA-PACIFIC
Companies Mentioned
- Agilent Technologies, Inc.
- BAE Systems Plc
- Belkasoft
- Capsicum Group LLC
- Computer Forensic, Inc.
- Creative Forensic Services, LLC
- Cyber Agents, Inc.
- Forensic Fluids Laboratories Inc.
- Forensic Pathways Ltd.
- Forensics Consulting Solutions, LLC
- Foster + Freeman Ltd.
- Global Digital Forensics, Inc.
- HORIBA, Ltd.
- Illumina, Inc.
- LGC Limited
- Neogen Corporation
- NMS Labs
- Pyramidal Technologies Ltd.
- Thermo Fisher Scientific Inc.
- Tri-Tech Forensics, Inc.
- Ultra-Electronics Forensic Technology Inc.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 797 |
| Published | November 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 20.2 Billion |
| Forecasted Market Value ( USD | $ 41.5 Billion |
| Compound Annual Growth Rate | 10.9% |
| Regions Covered | Global |
| No. of Companies Mentioned | 21 |
