Demand for Digital Forensics Market to Witness Rapid Surge During the Period 2020–2027
Digital Forensics is an exciting branch of criminal justice that incorporates the study of digital data. Digital Forensics Specialists work for private or public sector companies to recover evidence from lost electronic data, either due to deliberate sabotage or accidental deletion. As far as regional impact is concerned, North America seems to be gaining significant traction in the digital forensics market. This is due to the responsive implementation of digital forensics across the region. Besides, there is the presence of major market players such as Cisco, IBM, and FireEye, which could fuel the regional market growth. On the contrary, Asia Pacific is another key region exhibiting positive signs due to rising application of digital forensics in the information and technology sector.
Since cybercrime is becoming more widespread every day, the demand for expert investigators is rising as well. Many companies hire consultants to conduct digital forensics on their behalf, in order to investigate and prevent the theft of company or customer information, as well as in-house sabotage. Many computer professionals who work as consultants offer consulting services for a fee. Digital forensics has gained significant importance over the years, typically due to rising cases of cyber-attacks on enterprise devices. According to the Verizon Data Breach Investigations Report (DBIR) 2019, around 70% of breaches were associated with the state-affiliated sector, while 58% of data breach victims affected small businesses.
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