PUBLISHER: KBV Research | PRODUCT CODE: 1500915
PUBLISHER: KBV Research | PRODUCT CODE: 1500915
The Asia Pacific Digital Forensics Market would witness market growth of 15.7% CAGR during the forecast period (2024-2031).
The China market dominated the Asia Pacific Digital Forensics Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1,965.1 million by 2031. The Japan market is capturing a CAGR of 15.1% during (2024 - 2031). Additionally, The India market would register a CAGR of 16.5% during (2024 - 2031).
Mobile forensics involves extracting critical data such as call logs, messages, emails, and location information from these devices. This data can prove invaluable in legal contexts, offering concrete evidence that can lead to convictions or resolutions in criminal cases. Modern mobile devices' increasing complexity and encryption have driven the development of sophisticated tools and techniques tailored to navigate these challenges effectively.
Education and awareness initiatives also play a significant role in the growth of the digital forensics market. As a result of the ongoing development of cyber threats, a rising demand for professionals who are equipped with the skills necessary to effectively confront these challenges is being witnessed. Educational institutions and training centers offer specialized courses and certification programs in digital forensics, equipping individuals with the knowledge and skills required for cyber investigations. Additionally, awareness campaigns and cybersecurity workshops help organizations and individuals understand the importance of digital forensics and how to implement best practices to protect their digital assets.
India's rapidly growing telecom & IT sector is fueling the demand for digital forensics. The smartphone user base of India is expected to exceed 850 million users by 2026. This vast digital footprint necessitates robust digital forensics capabilities to investigate mobile-based cybercrimes. In addition, the Indian government's "Digital India" initiative emphasizes the importance of cybersecurity. This includes investments in digital forensics training for law enforcement agencies and the judiciary. Hence, all of the elements above will aid in the market's growth in the coming years.
Based on Component, the market is segmented into Hardware (Forensic Systems, Forensic Devices and Others), Software, and Services (Professional Services and Managed Services). Based on Deployment Mode, the market is segmented into Cloud and On-Premise. Based on Type, the market is segmented into Computer Forensics, Network Forensics, Mobile Device Forensics, and Cloud Forensics. Based on Industry, the market is segmented into Government, BFSI, Telecom & IT, Retail, Healthcare, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
List of Key Companies Profiled
Asia Pacific Digital Forensics Market Report Segmentation
By Component
By Deployment Mode
By Type
By Industry
By Country