- In July 2024, LogRhythm and Exabeam revealed their strategic merger, combining forces to create a new cybersecurity solutions provider. The merger is designed to enhance their ability to offer a cutting-edge, AI-powered security operations platform to clients. By leveraging their combined expertise, the two companies aim to deliver more advanced and efficient security solutions to meet the growing demand for robust cybersecurity
- In April 2024, Magnet Forensics unveiled its new comprehensive digital investigation platform, Magnet One, designed to tackle the increasing volume of digital evidence and accelerate case resolution. The platform integrates a suite of the company’s solutions, including Magnet Axiom, Magnet Automate, Magnet Graykey, and Magnet Review, into a unified system. Additionally, Magnet One introduces the Magnet One Hub, a feature that fosters seamless collaboration between investigators, examiners, and prosecutors, enhancing the efficiency of digital forensics operations
- In March 2024, LogRhythm and SOC Prime formed a strategic partnership to deliver improved threat detection and management solutions for security professionals. The collaboration integrates LogRhythm Axon’s advanced threat management and analytics features with SOC Prime’s cutting-edge technology, enabling customers to identify and respond to security threats more swiftly and efficiently. This combined offering aims to enhance the effectiveness of threat detection and streamline the overall cybersecurity response process for organizations
- In April 2023, Downstreem, a global leader in digital forensics, announced that the US Patent and Trademark Office (USPTO) had accepted its patent application for the innovative mobile forensics product, StreemView. Known for its expertise in mobile devices and complex forensic analysis, Downstreem developed StreemView as the first cloud-based mobile forensics platform incorporating AI-driven tools. This groundbreaking technology is set to revolutionize mobile forensics by enabling faster and more efficient analysis of mobile data in the cloud
- In February 2023, the National Forensic Sciences University (NFSU) and the Directorate General of GST Intelligence (DGGI) signed a memorandum of understanding (MoU) to establish digital forensic laboratories. This partnership aims to foster the exchange of information, facilitate technological advancements, and enhance skill development in the digital forensics sector. By combining their expertise, the two organizations seek to improve forensic capabilities and support the growing demand for digital investigation solutions
Frequently Asked Questions
The market is segmented based on Segmentation, By Component (Hardware, Software and Tools, and Services), Type (Computer Forensics, Mobile Device Forensics, Network Forensics, Database Forensics, Malware Forensics, Email Forensics, Automotive Forensics, Drone Forensics, and Others), Application (Fraud Investigations, Intellectual Property Theft, Industrial Espionage, Forgery-Related Matters, Bankruptcy Investigations, Issues Concern with the Regulatory Compliance, Employment Disputes, and Inappropriate use of the Internet and Email in the Workplace), Industry (Government and Defense, Banking, Financial Services, and Insurance, Telecom and IT, Retail, Transportation and Logistics, Law Firms, Healthcare, Media and Entertainment, and Others), Mode of Purchase (Group Purchase and Individual), Distribution Channel (Third Party Distributor, Retail Sales, Online Sales, and Others) – Industry Trends and Forecast to 2032
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The Global Digital Forensics Market size was valued at USD 9.51 USD Billion in 2024.
The Global Digital Forensics Market is projected to grow at a CAGR of 12.4% during the forecast period of 2025 to 2032.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.