Global Market Study on Network Forensics: Services Segment by Component Anticipated to Increase 4.3X Between 2017 and 2025

Network Forensics  Market
  • Published On : Jan-2018 |
  • Pages : 314 Pages |
  • Format : Network Forensics  Market Network Forensics  Market Network Forensics  Market Network Forensics  Market

Global Network Forensics Market – Regulations

Singapore: Singapore’s Computer Misuse and Cyber Security Act underwent changes in April 2017 with a view to forbid the act of trading and using data with a criminal intention.

UAE: Disabling, suspending or destroying a network or becoming a reason for complete or partial loss of data are among such acts that are punishable according to existing laws in the UAE. Besides, anyone found guilty of blocking access to computer networks or for using their skills and knowledge of cyber technology for any kind of criminal activities are also penalized under the UAE law.

Japan: To provide complete national security to the population, the Cyber Security Basic Act was passed by Japan’s legislature in January 2015, which decides the roles and responsibilities of the government in providing security policy. This act was beneficial as it encourages educational and research institutions and infrastructure providers to implement proper security measures so that they can protect their critical data from security threats.

Rising need for secured networks and increasing interest of key players to create a positive impact on the global network forensics market

It has been witnessed that the number of players in the global network forensics market are increasing day by day and the reason behind it is the rising demand for advanced security solutions among enterprises. The presence of a large number of companies in this market is beneficial for consumers as they get a wide variety of choices while selecting network forensic platforms that are available at a low cost with greater accessibility. Another advantage to consumers is that they can get accurate knowledge about all the services available to them. Owing to these benefits along with the rising awareness of cyber security offered by several network forensic platforms, consumers are more inclined to adopt these services, which in turn creates a huge growth potential in the global market.

With the rapid advancements in technologies, a rising number of cybercrimes are being reported nowadays. In addition to traditional malware such as worms, Trojans, and viruses, numerous advanced attacking techniques have been developed, such as DoS attacks and DDoS attacks, which are increasingly used by hackers to steal critical and confidential enterprise and consumer data, thereby creating immense problems for organizations. As the number of such attacks increase, the need to secure data will also increase, directly leading to an increased adoption of network forensics by business enterprises of all sizes.

Several small and medium sized enterprises are entering the global market of network forensics in developing regions particularly in Asia Pacific. These enterprises based in the developing regions are generally not capable of spending a huge sum of money to recuperate from any kind of attack on their network. As a result, small and medium organizations tend to adopt network forensics solutions on a large scale. As the number of such organizations are increasing steadily, the adoption of network forensics is also expected to increase, thereby leading to high growth rates in the global market for network forensics. 

With an exponential CAGR of 20.0%, the services segment is expected to lead the global market for network forensics

In terms of value, the software segment is projected to be the most attractive in the global network forensics market during the forecast period. In 2016, the software segment was valued at US$ 320.9 Mn and is expected to witness steady growth in terms of revenue throughout the forecast period. However, the services segment is expected to register high Y-o-Y growth rates throughout the assessment period. In terms of value, the services segment is expected to register a growth rate of 20.0% during the eight year period 2017 to 2025.

The research study that our analysts have presented uncovers every single aspect of the global network forensics market with the help of a robust research platform. This study reveals several macroeconomic factors, a comprehensive SWOT analysis of the key market players, regulatory aspects, and other angles that govern the dynamics of the global market influencing revenue growth. These traits help in devising an accurate marketing strategy or entry tactic, simultaneously dealing with the unforeseen events present within the market scenario.

Market Segmentation

By Vertical

By Region

By Component

By Deployment

  • BFSI
  • Healthcare
  • Government
  • IT & Telecom
  • Education
  • Retail
  • Energy & Utility
  • Manufacturing
  • Others
  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • Software
  • Services
  • On-premises
  • Software-as-a-service

 We have adopted a strong research methodology to collect and analyze data

A unique research methodology is applied to gather the necessary market data. Secondary research followed by primary research and key opinions from domain experts, market observers and other external sources is carried out. The initial secondary research initiated is extensive in nature and covers all the angles of the global network forensics market following which a primary research is carried out to deep dive even further. Simultaneously, market observers and domain experts who have a completely unbiased opinion about the market are consulted either via face to face interview or via telephonic interview, and key aspects and data points are stacked, which are re-examined in the next set of primary interviews. This implies that each key aspect or statistic or number is cross checked, re-verified, evaluated, analyzed and validated over the course of the entire research. As every conversation gives a more or less different view, the statistics and data undergo a triangulation process to arrive at the final market numbers. This data point reflects maximum accuracy, thereby fueling the credibility of the information provided in the network forensics market report.

The research report on the global network forensics market includes a separate dedicated section that covers the competitive landscape of the global market. This includes information on the key players dealing with network forensics. The competitive analysis of these key players reflects a detailed knowhow on their current scenario, their geographical spread, their expansion plans, their growth and expansion strategies, new developments in their products as well as innovation to enhance their product portfolio, mergers and acquisitions as an expansion strategy, marketing strategies, market share, revenue, company strength, strategic alliances, etc. This can give the reader a broad idea of the happening events in the market initiated by these players with the help of which new plans or tactics can be developed and implemented.

Research report highlights

  • Unbiased, holistic view of the market covering major regions and sub regions of North America, Latin America, Europe, Asia Pacific excluding Japan (APEJ) and Middle East and Africa (MEA)
  • Detailed segmental analysis giving justice to the reader’s investment
  • Trends, developments, restraints, drivers, challenges, opportunities etc., mentioned in the report uncovering all loopholes present in the market
  • In-depth analysis with actionable intelligence that can serve the reader’s purpose by assisting him/her in planning and executing tactics
  • Unmatched accuracy owing to a one-of-its-kind research approach
  • Competitive scenario explaining the present market conditions and how key players are making moves along those dynamics
  • Accurate market forecasts eight years down the line based on past and present market assessments
  • Recommendations based on the analyses covered by our research experts

Companies covered in Network Forensics Market Report

Company Profiles 

  • IBM Corporation 
  • Symantec Corporation 
  • RSA Security LLC 
  • NIKSUN Incorporated 
  • FireEye, Inc. 
  • PacketSled, Inc. 
  • Riverbed Technology 
  • Savvius, Inc. 
  • LogRhythm, Inc. 
  • Cisco System Inc. 
  • Corero Network Security, Inc.
  • VIAVI Solutions Inc. 
  • Check Point Software Technologies Ltd.
  • Packet Forensics, LLC 
  • Network Critical Solutions Limited
  • Others.
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