With the rising technical advancements, cloud computing solutions are
getting popular world-wide. Being cost-effective, easily maintainable, and
convenient for data storage and retrieval, cloud computing and cloud security
solutions such as cloud network and digital forensics are gaining traction
across the globe.

According to Future Marketing Insights
(FMI), the global digital forensics market is
anticipated to rise at 11.2% CAGR during the forecast period from the year 2020
to 2030.

Despite having high demand,
several factors such as lack of knowledge, budget constraints, unavailability
of sufficient resources, and others, digital forensics solutions are confined
in the SMEs.

Furthermore, factors such as
non-operational manufacturing units during lock down, decreased manpower,
unavailability of raw materials, and others have slowed down the market growth
which is expected to go on till the end of this year.

FMI offers an unbiased
analysis of the global market, its various growth drivers, restraints, and
potential.

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Some of the key takeaways from the
report are highlighted below-

• Digital cloud forensics being most popular type of digital
  forensics solutions, is expected to witness highest growth of 14.7% CAGR during
  the forecast period
• The increasing cases of cyber threats and attacks in the
  government, law enforcement, and others sectors is resulting in higher adoption
  of digital forensics solutions over the world
• Component-wise software digital forensics solutions is set to
  register highest growth of CAGR 13.3% during the forecast period
• Among the end users, government & law enforcement sector
  will maintain the lead, followed by the legal services firms throughout the
  forecast period
• North America digital forensics market will lead other regions
  during the forecast period

“Increasing
adoption of artificial intelligence in digital forensics coupled by the rising
cyber threats is expected to steer the global digital forensics market growth
during the forecast period,” says an FMI analyst.

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More Details, Ask Analyst @ https://www.futuremarketinsights.com/ask-question/rep-gb-3350

Rising Adoption of Artificial
Intelligence Boosting Growth

Since the past decade,
artificial intelligence is being increasingly adopted by the digital forensics
market in order to obtain more advanced results.

As artificial intelligence is
highly efficient in locating, and identifying relevant elements in video clips
and pictures in order to spot the commonalities in time stamps, places,
communications, and others, it is widely preferred by the digital forensics
market across the globe.

With the increasing adoption
of artificial intelligence, digital forensics market is getting more efficient
and fast in data investigation, data recovery, and other crucial parts of crime
investigations.

As artificial intelligence is
getting more widely popular, its increased adoption is expected to grow the
global market further in the near future.

COVID-19 Impact Analysis

The outbreak of novel
coronavirus outbreak in the current year has negatively impacted the global
digital forensic market. Various restraining factors such as closed
manufacturing units, scarcity of raw materials, unavailability of labors,
economic crisis, and others have declined the market growth.

Despite facing decreased
demand due to the ongoing pandemic, the global digital forensics market has
high potential to grow further.

According to FMI, the global
market is expected to grow by both value and volume during the forecast period
from the year 2020 to 2030.

Who is Winning

The global digital forensics
market has unlimited potential worth getting utilized by the key market
players. The top companies such as FireEye Inc., IBM Corporation, Micro
Systemation AB, KPMG and others are giving their best efforts to leverage the
market potential.

For instance, FireEye Inc.
has released their new digital forensics and incident response for PLCs in
order to effectively response to the attacks against Industrial Control Systems
(ICS).

Recently, KPMG has come up
with their dedicated forensic technology lab for recovery and use of critical
digital evidence to support investigations and litigation.

IBM Corporation has launched
their extensive range of digital evidence management and saving solutions to
provide fast actions during the investigation.

According to FMI, the global
digital forensics market is expected to witness tough competition in the coming
years.

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More Valuable Insights on Digital
Forensics Market

In the latest report by
Future Market Insights, we offer an unbiased analysis of the global digital
forensics market, providing historical data for the period of 2015-2019 and
forecast statistics for the period of 2020-2030. In order to understand the global
market potential, its growth and scopes, the market is segmented on the basis
of type (computer forensics, mobile device forensics, network forensics,
database forensics, cloud forensics), component ( hardware, software, service),
end user ( government & law enforcement, legal services firms, military
& defense, IT & telecom, BFSI, others), across six major regions (North
America, Latin America, Europe, South Asia, East Asia, Oceania, MEA).

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