Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 1.50 Billion | USD 5.49 Billion | 15.49% | 2023 |
According to the report published by Zion Market Research, the global Network Forensics Market size was valued at USD 1.50 Billion in 2023 and is predicted to reach USD 5.49 Billion by the end of 2032. The market is expected to grow with a CAGR of 15.49% during the forecast period. The report analyzes the global Network Forensics Market's growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Network Forensics industry.
Network forensics is a term that deals with the recording, capturing, and analysis of events that are related to the network with a view to discovering the emergence of the security attacks and other issues that are related to it. Network forensics can be briefed as specific analysis of the network that is conducted after some kind of security attacks. Abundant methods are used in network forensics. The two broad methodologies included in network forensics are catch-it-as-you-can and stop-look-listen.
The global network forensics market is segmented into solution, services, application area, deployment mode, organization size, and vertical.
On the basis of the solution, the market is segregated into security information and event management, packet capture analysis, log management, intrusion detection system, threat intelligence, analytics, and firewall.
Based on the services, the market is categorized into professional services and managed services.
Depending on the application area, the market is divided into endpoint security, application security, data center security, network security, and others.
On the basis of deployment mode, the market is bifurcated into on-premises and cloud.
Based on the organization size the market is fragmented into large enterprises and small and medium enterprises (SMEs).
Depending on the verticals, the market is segmented into BFSI, healthcare, education, manufacturing, government, energy and utilities, telecom and IT, retail, and others.
The greater exposure to various cyber-adversaries such as malicious insiders; hackers; cybercriminals; and nation-states, there has been a greater demand for network forensics. These entities pose regulatory, financial, and reputational risks to industries across the globe. The BFSI sector exhibits the greatest demand for the network forensics and has emerged as the foremost end user. The energy and utility sector also expects to contribute a good amount of revenue in the global network forensics market. Thus the demand for network forensics is going up in a substantial way which is fuelling the market growth. However, new opportunities are emerging owing to the widespread adoption of Industrial Internet of Things (IIoT) and big data. The privacy laws and other legal restrictions that are applied to the network forensic investigations might obstruct the growth of the market.
Report Attributes | Report Details |
---|---|
Report Name | Network Forensics Market |
Market Size in 2023 | USD 1.50 Billion |
Market Forecast in 2032 | USD 5.49 Billion |
Growth Rate | CAGR of 15.49% |
Number of Pages | 201 |
Key Companies Covered | IBM Corporation, FireEye, NETSCOUT Systems, Viavi Solutions, NIKSUN, Cisco Systems, Symantec Corporation, EMC RSA, LogRhythm, and Savvius |
Segments Covered | By solution, By services, By application area, By deployment mode, By organization size, By vertical and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Geographically, the network forensics market is diversified into North America, Asia-Pacific, Latin America, the Middle East and Africa, and Europe. North America will come out as the largest market in terms of revenue in the coming years. The factor that contributes to this growth is the presence of a large number of market players in this region. In the Asia Pacific region, the market growth is attributed to the factor that there is a large existence of small and medium-sized enterprises. In the industrialized nations such as the U.S., Russia, Germany, India, China, Singapore, France, Australia, Italy, and Spain there is a huge need to protect the important data from advanced persistent threats (ATPs) thus triggering the demand of the network forensics.
Some of the key market players that are involved in the network forensics market include:
By solution
By services
By application area
By deployment mode
By organization size
By vertical
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