Digital Forensics Market is Projected to Hit $9,453.0 Million, Globally, by 2027 at 10.8% CAGR: Coherent Market Insights


Digital forensics experts work to recover and investigate material found in digital devices, often in relation to computer crime. The discipline covers a wide range of topics, including data recovery, forensic analysis of various types of digital devices, examination of network logs, decryption of encrypted files, and tracing cyber attacks.

Burlingame, Nov. 13, 2023 (GLOBE NEWSWIRE) — According to Coherent Market Insights, Digital Forensics Market size was valued at US$ 4,501.0 Million in 2019 and is expected to surpass US$ 9,453.0 Million by 2030 and is anticipated to witness a compound annual growth rate (CAGR) of 10.8% from 2020 to 2027. Rise in cases of digital crime is a key factor propelling digital forensics market growth. According to the Cyber Security Breaches Survey 2019, commissioned by Department for Digital, Culture, Media and Sport, U.K., 32% businesses and 22% charities in U.K. experience data breaches or cyber-attacks. Moreover, emergence of Interenet of Things (IoT) and rising usage of smartphone are further projected to propel market growth.

Industry Overview


Growing adoption of cloud-based services has created freedom for cyber criminals to misuse the technologies and access to the personal information of customers. Also, rising usage of electronic devices and increasing penetration of internet has further given access cyber criminal to misuse the data. All these factors are projected to increase the adoption digital forensics, thereby boosting the market growth.

Request Sample Copy of this Report @

Market Trends:

Increasing government initaitives to raise awareness regarding the cyber-crime is a recent trend in the global digital forensics market. For instance, As per Ministry of Home Affairs (MHA), to improve the mechanism to deal with cyber crimes in a comprehensive and coordinated manner, the Ministry of Home Affairs has provided financial assistance to all the States & UTs under Cyber Crime Prevention against Women & Children (CCPWC) scheme to support their efforts for setting up of cyber forensic-cum-training laboratories, training, and hiring of junior cyber consultants.

Digital Forensics Market Report Coverage

Report Coverage Details
 Forecast Period  2020 to 2027
 Forecast Period 2023 to 2030 CAGR 10.8% 
 Market Size in 2019 $4,501.0 million  
 2027 Value Projection $9,453.0 million  
 Base Year 2019
 Historical Data for 2017 to 2019
 Segments covered  •By Forensic Type, By Component, By Tools, By Vertical
 Growth Drivers   • Increasing Cyber-attacks on Enterprises

• Increasing Adoption of Digital Forensic Techniques in the BFSI Sector

Market News / Recent Developments

In October 2023, Softcell and Binalyze announce strategic partnership to provide digital forensics and incident response solutions in India. The strategic partnership aimed at reshaping the landscape of cybersecurity and digital forensics.

In August 2023, Magnet Forensics entered into partnership with Jamf, the industry standard in managing and securing Apple endpoints at work— to simplify the digital investigation of macOS endpoints.

In November 2023, Cado Security, provider of the first and only cloud-native digital forensics platform, announced a partnership with SentinelOne, an autonomous cybersecurity platform, to deliver the breadth and depth security teams need to detect, investigate, and respond to incidents with unmatched speed.

Read complete market research report, “Digital Forensics Market, By Forensic Type, By Component, by Tools, By Vertical and by Region, Size, Share, Outlook, and Opportunity Analysis, 2020 – 2027“, Published by Coherent Market Insights.

Analysts’ Views

Enterprises worldwide are highly focused on digitization of data and this is leading to sharing of data in large amount. Due to this the organization have become highly vulnerable to cybercrime. Thus, growing digitization worldwide will create profitable market opportunities for key players in the digital forensics market. According to the Forbes, in 2018 Tech Pro Research survey, 70 percent of survey respondents said that their companies either have a digital transformation strategy in place or are working on one.

The global digital forensics market is segmented into:

By Forensic Type: Computer forensics, Network forensics, Mobile device forensics, and Cloud forensics

By Component: Hardware, Software, and Services

By Tools: Data Acquisition and Preservation, Forensics Data Analysis, Data Recovery, Review and Reporting, Forensic Decryption, and Others

By Vertical: Government and Defense, Banking, Financial Services, and Insurance (BFSI), Telecom and IT, Retail, Healthcare, and Others

Competitive Landscape

AccessData Group, Inc., Guidance Software, Inc./OpenText Corp., Oxygen Forensics, Paraben Corporation, Cellmark Forensic Services, Binary Intelligence, LLC, FireEye, Nuix Pty Ltd., IBM Corporation, LogRhythm, Inc., Magnet Forensics Inc., and Cisco Systems, Inc.

Buy this Premium Research Report @

Related Market Intelligence Reports:

Video Surveillance and VSaaS Market, By Component (Hardware (Cameras, Recorders and Storage, Encoders, Monitors), Software (Video Analytics, Video Management Software (VMS)), Services (Hosted service, Managed service, Hybrid service)), By Type (Analog Video Surveillance and VSaaS, IP-based Video Surveillance and VSaaS), and By Geography, Market Size & Share Analysis – Growth Trends & Forecasts, 2023-2030

Wireless Connected Devices Market, by Technology (Bluetooth, Wi-Fi, ZigBee, RFID, and Others), by Devices (Computing/ Communication Devices, Entertainment Devices, Wearable Devices, and Others), and by Region (North America, Europe, Asia Pacific, Latin America, and Middle East and Africa) – Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2022-2028

Affective Computing Market, By End-user (Healthcare, Automotive, Retail, Other End-user Industries), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East, Africa) – Size, Share, Outlook, and Opportunity Analysis, 2022 – 2030

Browse through Coherent Market Insights Smart Technologies Research Reports.

About Us:

Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having sales office at global financial capital in the U.S. and sales consultants in United Kingdom and Japan. Our client base includes players from across various business verticals in over 57 countries worldwide. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.

Follow Us: LinkedInTwitter

CONTACT: Contact Us: Mr. Shah Senior Client Partner – Business Development Coherent Market Insights Phone: US: +1-206-701-6702 UK: +44-020-8133-4027 Japan: +81-050-5539-1737 India: +91-848-285-0837 Email: [email protected] Website:

Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. takes no editorial responsibility for the same.