Network Forensics Market PPT 2023: Size, Growth, Demand and Forecast till 2028

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Global Network Forensics Market Research Report:

The latest report by IMARC, titled “ NetworkForensicsMarket:GlobalIndustryTrends,Share,Size,Growth,OpportunityandForecast20 23-2028

” finds that the global network forensics market size reached US$ 3.0 Billion in 2022.

Network forensics is a digital forensic process or solution used to retrieve, analyze, and inspect information regarding network traffic and events to prevent cyberattacks. It studies network data that is recorded, analyzed, and captured to reveal the source of cyber threats. It can be employed onpremises or on the cloud and consist of software application that monitors, identifies large volumes of data, and prevents unauthorized access to the computer network. It also provides various solutions, including packet capture analysis, firewalls, log management, threat intelligence, intrusion detection system (IDS), and security information and event management (SIEM). As a result, network forensics finds extensive applications across banking, financial service and insurance (BFSI), telecommunication, healthcare, education, energy, and information technology (IT) industries.

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Global Network Forensics Market Trends:

The market is primarily driven by the growing incidences of cyberattacks and advanced threats, such as distributed denial of service (DDOS) attacks, advanced persistent threats (APT), and ransomware across the globe. In addition, the increasing use of internet services to manage operations and store data, especially after the sudden outbreak of the coronavirus (COVID-19) pandemic, is accelerating the product demand for providing security, preventing unauthorized access, and determining the source of security threats. Moreover, various technological advancements, including the development of cloud-based forensic solutions and the integration of the Internet of things (IoT) enabled equipment, represent other major growth-inducing factors. Besides this, the increasing investment in cybersecurity tools and training and the implementation of favorable government policies mandating the adoption of network forensics are providing a positive thrust to market growth. Furthermore, increasing mergers and acquisitions (M&A) among key players to develop innovative network security solutions and improve maintenance strategies are also creating a positive market outlook. Looking forward, IMARC Group expects the market value to reach US$ 7.2 Billion by 2028, exhibiting a CAGR of 14.5% during the forecast period (2023-2028).

Looking forward, the market value is projected to reach a strong growth during the forecast period (2023-2028).

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MarketSummary:

BreakupbyComponent:

• Solution

• Services

BreakupbyOrganizationSize:

• Small and Medium-sized Enterprises (SMEs)

• Large Enterprises

BreakupbyDeploymentMode:

• Cloud-based

• On-premises

BreakupbyApplication:

• Data Center Security

• Endpoint Security

• Network Security

• Application Security

• Others

BreakupbyEndUseIndustry:

• BFSI

• Government

• Healthcare

• IT and Telecom

• Education

• Manufacturing

• Retail

• Others

BreakupbyRegion:

• North America

• United States

• Canada

• Asia-Pacific

• China

• Japan

• India

• South Korea

• Australia

• Indonesia

• Others

• Europe

• Germany

• France

• United Kingdom

• Italy

• Spain

• Russia

• Others

• Latin America

• Brazil

• Mexico

• Others

• Middle East and Africa

CompetitiveLandscapewithKeyPlayers:

• Cisco Systems Inc

• CrowdStrike Holdings Inc.

• FireEye Inc.

• Fortinet Inc.

• International Business Machines Corporation

• LiveAction Inc.

• LogRhythm Inc.

• McAfee LLC

• NETSCOUT Systems Inc.

• NIKSUN Inc.

• NortonLifeLock Inc.

• Rapid7 Inc.

• RSA Security LLC (Dell Technologies Inc.)

• Trend Micro Incorporated

• VIAVI Solutions Inc.

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