Digital Forensics Market Report 2025

The digital forensics market size has grown rapidly in recent years. It will grow from $13.2 billion in 2024 to $14.97 billion in 2025 at a compound annual growth rate (CAGR) of 13.4%. The growth in the historic period can be attributed to an increase in cybercrime, a rise in digital data volume, expansion of e-commerce, growing use of digital devices, and regulatory compliance requirements.

The digital forensics market size is expected to see rapid growth in the next few years. It will grow to $27.54 billion in 2029 at a compound annual growth rate (CAGR) of 16.5%. The growth in the forecast period can be attributed to increasing demand for cybersecurity solutions, rise in digitalization initiatives, expansion of cloud computing, globalization of businesses, and higher adoption of Internet of Things (IoT) devices. Major trends in the forecast period include the integration of artificial intelligence in digital forensics, automation in forensic processes, adoption of blockchain for data integrity, focus on proactive threat intelligence, and increased use of machine learning in forensic analysis.

The escalating cybersecurity threats are anticipated to drive the growth of the data forensics market in the future. Cybersecurity threats encompass potential risks and attacks on digital systems, networks, and data by malicious actors aiming to exploit vulnerabilities and compromise the confidentiality, integrity, and availability of information. Data forensic techniques play a crucial role in cybersecurity by investigating and analyzing cyber risks, identifying their origins, and providing essential evidence for incident response and mitigation. For example, in January 2023, a report published by BNP Media Inc., a US-based media organization, revealed that global cyberattacks surged by 38% in 2022 compared to 2021. Thus, the rise in cybersecurity threats is propelling the data forensics market.

The growing adoption of Internet of Things (IoT) devices is anticipated to fuel the expansion of the digital forensics market. Internet of Things (IoT) devices refers to physical objects embedded with sensors, software, and connectivity capabilities to collect and exchange data over the Internet. Digital forensics utilizes IoT devices to investigate and analyze digital evidence related to cybercrimes or incidents, identify vulnerabilities, and understand the sequence of events. According to the CRO Forum in April 2022, the global count of IoT devices is projected to nearly triple, increasing from 8.74 billion in 2020 to over 24.1 billion by 2030. Therefore, the growing adoption of IoT devices serves as a driving factor for the digital forensics market.

Technological advancement stands out as a prominent trend gaining traction in the digital forensics market. Major companies operating in this market are adopting innovative technologies to maintain their competitive edge. For instance, in April 2022, LabVantage Solutions Inc., a US-based provider of laboratory informatics solutions and services, launched LabVantage Forensic Navigator, a cloud-based software platform designed to comprehensively manage the forensic lifecycle, from evidence collection to analysis and reporting. The platform streamlines forensic processes, enhancing investigation efficiency and offering real-time data flow control from the beginning of an investigation through evidence collection at the crime scene. Moreover, it connects and analyzes every component of a criminal case, from evidence gathering to property administration and forensic lab analysis.

Leading companies in the digital forensics market are focused on introducing cutting-edge solutions such as Digital Forensics Incident Response (DFIR) to enhance profitability. DFIR is a solution automating incident response investigations by incorporating nuanced forensic artifacts into threat hunting. For instance, in April 2022, Cybereason, a US-based software company, introduced DFIR, designed to investigate the source of serious security events, ensure remediation by following the attacker's path, and uncover security gaps requiring attention. The solution is instrumental in reducing remediation time for network security against cyberattacks and empowering analysts to detect and remediate threats more efficiently.

In June 2024, Excite Technology Services, a UK-based provider of managed cybersecurity services, acquired CBIT Digital Forensic Services (CDFS) for an undisclosed amount. This acquisition is intended to enhance Excite’s cybersecurity offerings by incorporating CDFS’s digital forensic tools and specialized training services. CBIT Digital Forensic Services is a UK-based company dedicated to providing digital forensics solutions.

Major companies operating in the digital forensics market include International Business Machines Corporation, Cisco Systems Inc., OpenText Corporation, Kroll Associates Limited, KLDiscovery Inc., Guidance Software Inc., Cellebrite DI Ltd., LogRhythm Inc., Nuix Pty Ltd., Magnet Forensics Inc., Digital Detective Group Limited, AccessData Group Inc., CCL Solutions Group Ltd., Cellmark Forensic Services Inc., MSAB (Micro Systemation), CYFOR Technologies LLC, Cyber Triage, IntaForensics Ltd., Techfusion Pty Ltd., R3 Digital Forensics LLC, Intersec Worldwide Inc., Global Digital Forensics, Elcomsoft Co. Ltd., Digital Shield Ltd., Binary Intelligence LLC, Autopsy, Alias Forensics Inc., Advanced Digital Forensic Solutions Inc., Paraben Corporation, Oxygen Forensics Inc.

North America was the largest region in the digital forensics market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the digital forensics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the digital forensics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

Digital forensics is a branch of forensic science that focuses on the recovery, investigation, examination, and analysis of material found in digital devices, particularly in relation to computer crime and mobile devices. It is employed in criminal law and private investigations and is often part of a broader investigation that spans multiple disciplines.

The main types of digital forensics include computer forensics, network forensics, mobile device forensics, and cloud forensics. Computer forensics involves the examination, analysis, and preservation of digital evidence from computers, electronic devices, and digital storage media that is admissible for presentation in a court of law or other legal authority. It comprises hardware, software, and service components and utilizes various tools such as data acquisition and preservation, data recovery, forensic data analysis, forensic decryption, review and reporting, among others. Digital forensics is predominantly used in various verticals, including government and defense, banking, financial services, and insurance, telecom and information technology, retail, healthcare, and others.

The digital forensics market research report is one of a series of new reports that provides digital forensics market statistics, including digital forensics industry global market size, regional shares, competitors with a digital forensics market share, detailed digital forensics market segments, market trends and opportunities, and any further data you may need to thrive in the digital forensics industry. This digital forensics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The digital forensics market consists of revenues earned by entities by providing digital investigation and consulting, incident response, system integration, malware analysis, professional services, support and maintenance and network forensics services. The market value includes the value of related goods sold by the service provider or included within the service offering. The digital forensics market also includes sales of forensic systems, forensic devices, forensic write blockers, cables, adapters, hard drive enclosures, malware analysis tools, and storage devices. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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