Network Forensics Market Growth Drivers Outlook:
Network Forensics Market is projected to grow at a CAGR of 15% during the forecast period 2022-2029. Network forensics is described as gathering and analyzing data about a network or its events. To conduct network forensics, the examinations manage a system of odd traffic and underlying interventions.
There are various benefits to network forensics, including increased network system provisioning, network forensics to determine the security breaches, and the ability to warn the system administrator in real-time. Because of the growing use of the internet in homes, computers have shifted to a network-centric model and data is increasingly accessible outside of disk-based digital proof.
Data thefts and cyberattacks are on the rise, as is network traffic and demand for cloud-based network forensics solutions. However, a shortage of qualified personnel and infrastructure to store all data packets is projected to hamper market expansion.
In 2021, the global internet population will have risen to 4.9 billion people, with Asia having the highest percentage of internet users by continent/region, accounting for 51.8 percent of all users.
To address significant vulnerabilities with faster threat detection, mitigation, and response capabilities, network forensics investigators are adding AI, machine learning, and analytics principles into their solutions. Advances in technology like AI and machine learning are helping to turn the tide against vulnerabilities.
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Regional Insights:
With the rise in network complexities, the threat landscape in Asia-Pacific is changing at an alarming rate, compelling enterprises to employ network forensics solutions. Many SMEs exist in the region, providing significant employment prospects. Asia-Pacific has seen rapid and advanced adoption of new technologies and it is predicted to evolve faster during the forecast period.
The region is pushing hard to make the most of its IT infrastructure, allowing businesses to adopt cutting-edge technologies. However, reasons such as the growing mobile workforce, rising company complexity and the unregulated nature of the internet are projected to encourage SMEs to employ various cybersecurity solutions that enhance their performance.
Major Companies Profiled in the Global Market:
Major global network forensics market companies include IBM Corporation, FireEye, Inc., Microsoft Corporation, Symantec Corporation, Cisco System, Inc., LogRhythm Inc., NIKSUN Incorporated, F-Secure, Savvius, Inc. and RSA Security.
Market Segmentation:
By Component:
Software
Services
By Deployment Mode:
On-Premise
Cloud
By End-User:
BFSI
Healthcare
Retail & E-Commerce
Education
IT & IT Services
Government
Others
By Organization Size:
Small & Medium Enterprises
Large Enterprises
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The Full Report has the below insights.
- The report offers a comprehensive evaluation of the market in terms of Market Value (US$) and Y-o-Y Growth Rates (%). It does so via in-depth qualitative insights, historical data (2020-2021), and verifiable projections about market size during the forecast period (2022-2029).
- Visualize the composition of Network Forensics Market segmentation By Component, By Deployment Mode, By Organization Size, By End User, and Region, highlighting the key commercial assets and players.
- Identify commercial opportunities in the Market by analyzing trends and co-development deals.
- The report also covers data insights on various industry forces such as porter’s five forces, regulations in each country, reimbursement scenario, technological advancements, PEST analysis, and pricing analysis.
- Excel data sheet with thousands of Market-level 4/5 segmentation data points.
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- Product mapping in excel for the key product of all major market players
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