Computer Forensic Technologies and Services Market – Global Industry Insights 2024

Artificial Pancreas Market Industry
Computer Forensic Technologies and Services Market
– Global Industry Insights, Trends and Opportunity
Analysis, 2016-2024
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Report Description
After a period of sustained slowdown in forensic market, digital disruption has reshaped the computer
forensic technology. The industry witnessed impressive growth over the last five years. Latent pri nt
analysis, chemical analysis, trace evidence analysis, explosive analysis, questioned document
examinations (QDE) and tool market identification are some of the examples of forensic analysis.
Furthermore, government contracts along with transparency in process execution have boosted the
computer forensic technologies market.
Rise in crime is expected to spur the demand for computer forensic technologies and services
market worldwide
Rise in crime activities globally will stimulate the need of computer forensic technologies and services
hence augment the market growth. According to World Health Organization (WHO) each year, 250
thousands homicides occur and are projected to increase mainly in MEA and Asia Pacific region. In
addition, innovative services and technological advanced forensic equipment offered by key players has
increased the usage of these equipment and services by forensic laboratories which is expected to drive
the market growth. For instance, cartridge and bone fragments are gaining prominence over other
traditional means of forensics. Moreover, companies such as Computer Forensic Services (CFS) and
eDirect Impact offer line of integrated services ranging from data recovery, to forensic imaging which
would further stimulate the use of these services hence drives the market growth. However, regulatory
compliances along with complexity in initial setup are key concern to industry.
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Market Taxonomy:
Coherent Market Insights has segmented the industry by
•
Products
•
Services
The market of computer forensic technologies and services is segmented on the basis of:
•
•
By Products
o
DNA Testing
o
Biometric Testing
o
Ballistic Forensic
o
Digital and Computer Forensic
o
Others
By Service
o
Laboratory Forensic
o
Forensic Consulting
o
Others
North America leads the forensic technologies and services market with over 800 thousand
reported crime rate
Geographically, North America represents the largest market of computer forensic technologies and
services. U.S. is expected to account for over 90% of the regional market followed by Canada. The growth
of this market is mainly attributed to advancement in technologies coupled with rising need for forensic
technologies and services in North America. Efforts of domiciled key companies to offer novel products
further stimulate the use of forensic technologies and services. For example, in January 2015, Illumina,
Inc. announced the expansion of its comprehensive next generation sequencing portfolio with the
introduction of HiSeq 3000/4000 Systems and HiSeq X Five System. These systems offer cost effective
option for high throughput laboratories to establish production scale sequencing. Thus, introduction of cost
effective and innovative forensic systems in this region will fuel the utilization of forensic technologies and
services market.
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Europe is the next largest market for computer forensic technologies and services. The region is
characterized by industry mergers and acquisition For instance, in June 2011, IntegenX, Inc. partnered
with Key Forensics Sciences Ltd. (KFS). The move allows KFS to access IntegenX’s RapidHIT 200 Early
Access Program. This in turn has enabled KFS to expand company’s forensic services across United
Kingdom. In addition, Asia-Pacific is the emerging markets and holds immense growth opportunities for
computer forensic technologies and services. Key initiatives by government towards healthcare
infrastructure and control over crime related activities is expected to boost overall computer forensic
technologies and services market in Asia-Pacific regions.
Some of the key companies that provide computer forensic technologies and services include Agilent
Technologies, Inc., Creative Forensic Services, eDirect Impact, LLC, Capsicum Group LLC, Computer
Forensic, Inc., Illumina, Inc., BAE Systems plc, and others.
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Global Computer Forensic Technologies and Services Market report categorizes the report by product, service and geography. It provides information about Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2016-2024