The global network forensics market size is expected to grow from an estimated value of USD 1.3 billion in 2022 to USD 2.2 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 11.2% from 2022 to 2027. The network forensics market is driven by various factors, such as Increasing data thefts and cyberattacks across enterprises, increasing traffic on network systems, and increasing demand for cloud-based network forensics solutions. However, lack of skilled expertise, lack of infrastructure to store all the data packets are some of the factors that are expected to hinder the market growth.
Professional services segment to grow at a higher CAGR during the forecast period Professional services include consulting, training & education, design and integrations, and maintenance & support.The professionals use the latest techniques, comprehensive strategies, and skills to fulfill the security requirements of the organization.
The vendors offer threat intelligence, risk assessment, and forensics analysis, among other services, via industry-defined best practices.With rapid digitalization and changing regulatory norms, customers need continuous guidance from network forensics solution implementation experts.
This expertise helps consumers design customized solutions for their business processes and be aware of the return on investment (RoI) made by them in their security platform.
On premise segment to account for a higher market share during the forecast period The on-premises deployment is the traditional approach in which solutions are implemented and operated from customers’ in-house servers across enterprises.On-premises solutions provide organizations with full control over all the platforms, applications, systems, and data, which can be handled and managed by their own IT staff.
An organization where user credentials are critical for business operations would have on-premises deployment as the systems are controlled by the organization itself.Due to COVID-19, the demand for cloud-based services has significantly increased due to the highly adopted trend of remote work.
This has impacted the revenue generated by the network forensics on-premise solutions.However, on-premises deployment mode plays a significant role in safeguarding a company’s crucial information from cyber intruders.
Therefore, it is expected to dominate the network forensics market during the forecast period.
Asia Pacific to grow at the highest CAGR during the forecast period Asia Pacific: With effective government regulations and technological advancements, the network forensics market is witnessing tremendous growth opportunities in this region. Various developments are taking place in the Asia Pacific region concerning the adoption of forensics technologies, such as network forensics tools, BI compliance tools, cloud, analytics, and rapid infrastructure development. . Increasing advancements in mobility and cloud adoption and growing mandatory compliances with government regulations to resolve data security issues have forced enterprises to adopt network forensics solutions.
Breakdown of primaries: In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, other innovation and technology directors, and executives from various key organizations operating in the network forensics market. • By company type: Tier 1: 35%, Tier 2: 45%, and Tier 3: 20% • By designation: C-level: 40%, Manager and Other: 60% • By region: APAC: 45%, Europe: 35%, North America: 20%
Major vendors offering network forensics solutions includes: Fireeye ([now Trellix], US), Cisco Systems (US), IBM Corporation (US), Broadcom Inc. (US), NETSCOUT Systems, Inc. (US), RSA Security, LLC (US), VIAVI Solutions (US), Novetta Solutions, LLC (US), SolarWinds Corporation (US), Palo Alto Networks, Inc.(US), SonicWall (US), OpenText Corporation (Canada), ManageEngine (US), LogRhythm, Inc. (US), NIKSUN (US), Corelight, Inc. (US), Securonix (US), and VectraAI, Inc. (US). Some emerging startups, such as LiveAction (US), Vehere, Inc. (US), Cysight.ai ([IdeaData], Israel), CorCystems (US), GrayLog, Inc. (US), and Endace Ltd. (New Zealand). The study includes an in-depth competitive analysis of the key players in the network forensics market, with their company profiles, recent developments, and key market strategies.
Research coverage The report segment the network forensics market and forecast its size, by value, based on component (solution (software, hardware), professional services), deployment mode (cloud, on-premises), organization size (SMEs, large enterprises), application (endpoint security, datacenter security), vertical (BFSI, government and defense, retail, IT and ITeS, manufacturing, telecommunications, transportation and healthcare) and by region (North America, Europe, Asia Pacific, MEA, and Latin America). The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
Key benefits of buying the report The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall network forensics market and the subsegments.This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies.
The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
Our reports have been used by over 10K customers, including:
The global MDR market size is expected to grow from an estimated value of USD 2.6 billion in 2022 to USD 5.6 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 16.0% from 2022 to 2027. Some of the factors that are driving the market growth includes addressing of shortage of skilled cybersecurity professionals and budget constraints,...
The global threat intelligence market size is projected to grow from USD 11.6 billion in 2021 to USD 15.8 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 6.5% during the forecast period. This growth is attributed to the R&D investments by governments and enterprises to develop robust threat intelligence solutions, and increase...
The eDiscovery market is projected to grow from USD 11.2 Billion in 2022 to USD 17.1 Billion by 2027, at a compound annual growth rate (CAGR) of 8.7% during the forecast period. eDiscovery market is rapidly gaining acceptance worldwide by enterprises and corporates. Training and consulting services include industry experts, domain experts,...
The global cloud security market size is expected to grow from USD 40.8 billion in 2021 to USD 77.5 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 13.7% from 2021 to 2026. An increasing number of security breaches and cyberattacks and mandate to follow regulatory and data protection laws have contributed to the growth of the cloud...
The global IT outsourcing market (henceforth referred to as the market studied) was valued at USD 526.6 billion in 2021 and is expected to reach USD 682.3 billion by 2027, registering a CAGR of 4.13%, during the period of 2022-2027 (henceforth referred to as the forecast period). Key Highlights With digital transformation,...
The global structured cabling market is projected to reach USD 15.0 billion by 2027 from an estimated USD 11.7 billion in 2022, at a CAGR of 5.1% from 2022 to 2027. Major factors driving the growth of the market include growing trend of data center convergence penetrating IT infrastructure market and rising emergency of smart cities. The...
The global CDR Market size is expected to grow at a Compound Annual Growth Rate (CAGR) of 15.7% during the forecast period, to reach USD 0.5 billion by 2026 from USD 0.2 billion in 2021. Key factors that are expected to drive the growth of the market are the increasing cost of data breaches, growing stricter regulation and compliance for content...
The global virtual IT lab software market is expected to grow from US$ 1,461.29 million in 2021 to US$ 3,174.88 million by 2028; it is estimated to grow at a CAGR of 11.7% from 2021 to 2028. The growing use of cloud-based software is one of the major factors driving the virtual IT lab software market.With the digital transformation,...
The Qatar managed services market was valued at USD 467.04 million in 2021, and it is expected to reach USD 871.02 million by 2027, registering a CAGR of approximately 12.15% during the period of 2022-2027. The rapid adoption of cloud-based solutions by enterprises, increasing investment in information technology, growing adoption of Bring...
The routing market size is estimated to be valued at USD 15.1 billion in 2022 and reach USD 22.9 billion by 2027, at a CAGR of 8.6% from 2022–2027. According to the Consumer Technology Association (CTA), the number of smart homes in the US is expected to reach ~35.2 million units by 2020. The growth in smart homes is expected to create demand...
Media And Entertainment
Infectious Disease Mortality
You can change your Cookie Settings at any time but parts of our site will not function correctly without them.