Digital Forensics Market by Component, Sub-Segment, Tool Types, Service, Vertical and Region - Global Forecast to 2020

LONDON, Sept. 1, 2015 /PRNewswire/ -- The world is now wholly dependent on digital devices and this space is continuously evolving. Technologies such as cloud and Internet of Things (IoT) are deeply penetrating into the IT space, defining the future of cyber world, making digital information more distributed than ever. This, in turn, is expected to bring huge contribution from various digital forensics vendors to meet the growing demands of compliances. The evolution of digital forensics can be traced back to the 1970s, when the first cases of financial frauds involving computers emerged. During this period, most of the organizations did not understand the significance of policies and procedures relating to cyber security. As a result, after a fraud was identified, data recovery was difficult which led to the loss of data.

The major forces driving this market are the emergence of IOT and increasing regulatory compliance. As the growing acceptance of IoT across the industries has found applications in critical national security infrastructure, the demand for digital forensics solutions has increased. For instance, modern flood defense systems in the U.K. use ocean sensors and satellites that collect information and communicate with each other to offer prompt, automated early warnings and responses. Furthermore, the rise in sophistication of digital crimes ha boosted the market opportunities for the companies providing digital forensics solutions.

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SOURCE ReportBuyer

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