Network Forensics Market Overview: Market Size, Major Drivers And Trends
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033
Rapid Growth Trajectory
- The network forensics market has experienced rapid expansion.
- Expected to increase from $3.05 billion in 2023 to $3.44 billion in 2024, with a CAGR of 12.7%.
- Historical growth driven by sophisticated cyber-attacks and regulatory requirements.
Future Projections
- Forecasted to reach $5.96 billion in 2028, with a CAGR of 14.8%.
- Expansion fueled by 5G networks, IoT threats, and emphasis on proactive defense.
- Major trends include encrypted traffic analysis, cloud-based solutions, and automation in investigations.
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Rising Cybersecurity Concerns Propel Network Forensics Market Growth
Cybersecurity Landscape
- Increasing incidence of cyberattacks and advanced threats fuels market growth.
- Network forensics crucial in preventing unauthorized access and APTs.
- Surge in cybercrime reports and email-based attacks highlight the urgency for robust security measures.
Major Players
- Cisco Systems Inc.
- FireEye Inc.
- International Business Machines Corporation
- And many more…
Enhancing Network Forensics Through IoT Integration For Advanced Cyber Threat Detection
IoT Integration
- Adoption of IoT strengthens network forensics capabilities.
- IoT network forensics analyzes IoT devices to investigate crimes.
- Example: NetWitness launches NetWitness XDR for extended detection and response.
Market Segmentation
- Component: Solutions, Professional Services
- Deployment Mode: Cloud, On-premises
- Organization Size: SMEs, Large Enterprises
- Application: Endpoint Security, Datacenter Security
- Vertical: BFSI, Government And Defense, Healthcare, IT And ITeS, Manufacturing, Retail, Telecommunications, Transportation, Other Verticals
Regional Insights
- Asia-Pacific emerges as the largest region in the network forensics market in 2023.
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The Network Forensics Global Market Report 2024 provides an overview of the network forensics market for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The network forensics market forecast analyzes network forensics market size, network forensics market share, leading competitor and their market positions.
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