Digital Forensics Market worth $18.2 billion by 2028

Kyramania07 Aug, 2024Technology

The global Digital Forensics Market size is projected to grow from USD 9.9 billion in 2023 to USD 18.2 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 12.9% during the forecast period, according to a new report by MarketsandMarkets?. The expansion of the Digital Forensics Market is propelled by the increasing prevalence of cybercrimes and the expanding digital landscape. This surge in cybercrimes has made digital forensics indispensable for law enforcement, as it excels in uncovering criminal intent and connecting events, from cyber fraud to data theft. Moreover, the rise of IoT devices and BYOD practices has added complexity, necessitating adaptability from professionals. Furthermore, monitoring remote devices and the demand for robust data security solutions have heightened the importance of digital forensics in investigating and mitigating cyber threats. This symbiotic relationship between security demands and digital forensics continues to drive market growth.