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Network Forensics Market is Segmented By Components - Network Forensics Solutions (IDS/IPS, SIEM, Threat Intelligence, Packet Capture Analysis, Log Management Analytics, Firewall) | Network Forensics Services (Professional Services, Managed Services) in Cloud-based and On-premise Network Forensics Solutions
The network forensics market is estimated to value US$ 1,412.6 Mn in 2023 and is forecasted to reach US$ 6,413.2 Mn by the end of 2033. The market for network forensics is predicted to grow at a CAGR of 16.3% from 2023 to 2033.
Network forensics is the analysis and investigation of data about a network or network events. Network forensics is commonly defined as the study of communication networks that is recorded, analyzed, and collected in order to identify the source of cyber-attacks. Stop-look-listen and catch-it-as-you-can are the two broad methodologies used in network forensics.
As companies are constantly targeted by cyberattacks, malware is trying to circumvent existing security systems and have failed to trigger alarms on historical security information and event management (SIEM) tools. Network forensics enables companies to more effectively protect data and identify system vulnerabilities providing lucrative environment for the adoption of network forensics systems in the coming future.
The market for network forensics was valued at US$ 1,231.6 Mn in 2022. In terms of the regional market landscape, the market in North America held a leading market share of 27.1% in the global landscape in 2022 and is expected to retain its leading position throughout the forecast period. Meanwhile, demand for network forensics in the Europe region will hold around 23.2% of the market in 2022.
Network Forensics Market Size (2023)
US$ 1,412.6 Mn
Projected Market Value (2033)
US$ 6,413.2 Mn
Global Market Growth Rate (2023-2033)
Network Forensics Solutions Segment Market Share (2022)
India Market Growth Rate (2022)
On-premise Network Forensics Solutions Segment Market Share (2022)
“Lack of skilled professionals”
The shortage of skilled network forensics investigators, as well as the growing issues associated with the storage & collection of data for investigation, are expected to constrain market growth. Furthermore, the high cost of network forensics tools and the low level of awareness is impeding the global wearable sensors market's growth.
“Rising Utilization of Network Communication Systems”
This market growth can be attributed to the factors such as growing usage of the internet and digital communications systems, particularly in the form of the Internet of things (IoT), increases the demand for network forensics expertise and so on. The growing popularity of IoT and BYOD trends has resulted in an increase in cybercrime, forcing firms to establish network security solutions, due to the changing network landscape, businesses must reassess their network security infrastructure & implement robust network solutions are some of the key factors exacerbating the adoption of the network forensics in U.S. region.
Due to these factors, U.S. region is analyzed to dominate the global network forensics market with the share of 17.3% in 2022.
“Rising incidences of cyber-attacks”
This market growth can be attributed to the factors such as increase in the cyber-attacks at an alarming rate, organizations are being forced to deploy network forensics solutions, rising governmental initiatives aimed at spreading cyber awareness in the country through programmers such as AI for India and so on.
Due to these factors the network forensics market is estimated to grow at a CAGR of 21.7% over the forecast period in India.
“Increased use of cloud-based systems in European region”
Germany is one of the most economically significant country in Europe which holds the market share of 10.2% in the European network forensics market. BYOD and access to cloud technologies are increasing the demand for systems that can be deployed instantly and resized without the need for additional infrastructure. Furthermore, as industries shift the majority of their computing needs to the cloud, the demand for security in this domain is increasing driving the demand for network forensics market growth in the region.
Additionally, the share of Europe in the global network forensics market is 23.2%.
Why Network Forensics Solutions segment Have the Larger Market Share in the network forensics market?
Network Forensics Solutions segment are analyzed to dominate the network forensics market with the share of 55.5% owing to the factors such as investigators in network forensics are incorporating AI, machine learning, and analytics concepts into their solutions to address security flaws with faster detection systems, mitigation & response capabilities. Additionally, network security platforms powered by AI and machine learning assist organizations in providing comprehensive security features to their network infrastructure.
Why On-premise Network Forensics Solutions have the largest market share in 2022?
Based on the deployment mode On-premise Network Forensics Solutions hold the largest share of 56.7% in 2022, owing to the factors such as rising utilisation of connected devices in various organisations as a result of IoT & BYOD trends, as well as increased network complexities, and so on.
Major network forensics companies are collaborating to accelerate the technological advancements in the development and adoption of the network forensics systems.
Recent developments related to key players providing network forensics market solutions have been tracked by the analysts at Persistence Market Research, which will be accessible in the full report.
Historical Data Available for
US$ Mn for Value
Key Regions Covered
Key Countries Covered
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By Deployment Mode:
In 2022, the market value of network forensics was US$ 1,231.6 Mn.
The global network forensics market is estimated to advance at an 16.3% CAGR through 2033.
The market for network forensics is forecasted to climb to US$ 6,413.2 Mn by 2033 end.
Demand for Network forensics market in India is projected to rise at a CAGR of 21.7% over the forecast period.
In 2022, the North America Network forensics market held a dominant market share of 27.1%.