Report Scope & Overview:
The Network Forensics Market size was valued at US$ 1.33 Billion in 2023 and is expected to reach US$ 3.17 Billion by 2031 and grow at a CAGR of 11.4% over the forecast period 2024-2031.
Network forensics is described as the investigation of obtaining and interpreting data about a specific network or its occurrences. To undertake network forensics, the examiners manage a system of odd traffic and underlying actions. There are various benefits to network forensics, such as increased network system provisioning, and the ability for network forensics to discover security breaches and inform system administrators in real-time. Because of the growing use of the internet in homes, computers have become network-centric, and data is increasingly accessible outside of disk-based digital evidence.
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Network forensics can be used as a stand-alone inquiry or in conjunction with computer forensics analysis. Hacking, fraud, insurance companies, data theft—industrial espionage, defamation, drug trafficking, credit card cloning, and other fields might all benefit from network forensics. Network forensics may also be used proactively to identify weaknesses in networks and IT infrastructure, allowing IT managers and data security officers to better prepare for potential cyber assaults.
MARKET DYNAMICS:
KEY DRIVERS:
Increasing data thefts and cyberattacks to encourage business network security transformation.
Increased network traffic and network system complexity will necessitate the use of sophisticated network forensics solutions.
Demand for cloud-based network forensics solutions is increasing across industries.
RESTRAINTS:
The Inadequate number of experienced network forensics investigators.
Lack of data infrastructure to support modern technologies is driving the use of advanced network forensics tools.
OPPORTUNITY:
Demand for integrated and next-generation network forensics solutions is increasing.
Mobile, IoT, and online applications are rapidly evolving.
Expand the use of AI/ML and analytics to improve network visibility into IT infrastructure.
CHALLENGES:
Problems linked with the collecting and storage of large amounts of data for research.
Lack of knowledge about network forensics techniques for data packet analysis.
IMPACT OF COVID-19:
Because to the COVID-19 epidemic, many securities teams' work has been decreased, making detection of harmful actions harder and reacting to these activities much more difficult. Patching systems may also be difficult if security staff is not operating. Experts from the National Cyber Security Centre have discovered a variety of online threats as cyber criminals attempt to abuse COVID-19. From the beginning of the year 2020, sophisticated assaults were observed, including fake emails with links claiming to provide essential updates, which, when opened, led to devise infection. These phishing efforts have been observed throughout geographies, resulting in the loss of money and sensitive data. These assaults are adaptable and may be carried out through many media, tailored to certain industries, and monetized through a variety of techniques, including ransomware, credential theft, bitcoin, or fraud.
MARKET ESTIMATION:
The market is divided into two categories based on the type cloud-based and on-premise. The Cloud-Based category is expected to grow at the fastest rate over the projected period. Factors contributing to the segment's growth include the increased adoption of cloud-based IT solutions by all sorts of enterprises in order to safeguard secret data. And the On-premises Deployment accounting for 73.34% of the Network Forensics Market global market in 2021, is projected to value US$ 4838.61 million by 2028,
The market is divided into two segments based on application large companies and small and medium businesses. The Small and Medium Businesses sector is expected to grow at the fastest rate over the projected period. While the Large Enterprises segment is altered to a 14.41 % CAGR throughout this forecast period. The reasons that may be contributed to the segment's rise include SMEs’ rising adoption of network forensics in order to review and analyze data on a wide scale.
KEY MARKET SEGMENTS:
On The Basis of Type
Cloud Deployment
On-premises Deployment
On The Basis of Application
Small and Medium Enterprises (SMEs)
Large enterprises
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REGIONAL ANALYSIS:
With increased network complexity, the threat environment in the Asia Pacific region is expanding at an alarming rate, pushing enterprises to employ network forensics solutions. China, Singapore, India, and the rest of the Asia Pacific area are among the region's rising economies. SMEs abound in this region's countries, creating numerous job possibilities. The Asia Pacific has seen rapid and advanced adoption of new technologies, and it is predicted to have the greatest CAGR throughout the projection period. The region is aggressively using IT infrastructure, allowing business users to embrace cutting-edge technology.
REGIONAL COVERAGE
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
south Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
KEY PLAYERS:
The major key players are IBM, FireEye, RSA Security, Netscout Systems, Cisco Systems, Symantec (Broadcom), Viavi Solutions, LogRhythm, Niksun, Fortinet Inc., Proofpoint Inc & Other Players
RSA Security - Company Financial Analysis
| Report Attributes | Details |
| Market Size by 2023 | US$1.33 Bn |
| Market Size by 2031 |
US$3.17 Bn |
| CAGR |
CAGR of 11.4% From 2024 to 2031 |
| Base Year |
2023 |
| Forecast Period |
2024-2031 |
| Historical Data |
2020-2022 |
| Report Scope & Coverage |
Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments |
• By Type (Cloud Deployment and On-premises Deployment) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
| Company Profiles |
IBM, FireEye, RSA Security, Netscout Systems, Cisco Systems, Symantec (Broadcom), Viavi Solutions, LogRhythm, Niksun, Fortinet Inc., Proofpoint Inc |
| Key Drivers |
• Increasing data thefts and cyberattacks to encourage business network security transformation |
| Market Challenges |
• Problems linked with the collecting and storage of large amounts of data for research |
Ans: - The Network Forensics Market size was valued at US$ 2492.91 million in 2021.
Ans: - Problems linked with the collecting and storage of large amounts of data for research and lack of knowledge about network forensics techniques for data packet analysis.
Ans: - The Asia Pacific region is expanding at an alarming rate.
Ans. The primary growth tactics of Network Forensics market participants include merger and acquisition, business expansion, and product launch.
Ans: - The study includes a comprehensive analysis of Network Forensics Market trends, as well as present and future market forecasts. DROC analysis, as well as impact analysis for the projected period. Porter's five forces analysis aids in the study of buyer and supplier potential as well as the competitive landscape etc.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Network Forensics Market Segmentation, by Type
8.1 Cloud Deployment
8.2 On-premises Deployment
9. Network Forensics Market, by Application
9.1 Small and Medium Enterprises (SMEs)
9.2 Large enterprises
10. Regional Analysis
10.1 Introduction
10.2 North America
10.2.1 USA
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 France
10.3.4 Italy
10.3.5 Spain
10.3.6 The Netherlands
10.3.7 Rest of Europe
10.4 Asia-Pacific
10.4.1 Japan
10.4.2 South Korea
10.4.3 China
10.4.4 India
10.4.5 Australia
10.4.6 Rest of Asia-Pacific
10.5 The Middle East & Africa
10.5.1 Israel
10.5.2 UAE
10.5.3 South Africa
10.5.4 Rest
10.6 Latin America
10.6.1 Brazil
10.6.2 Argentina
10.6.3 Rest of Latin America
11. Company Profiles
11.1 IBM
11.1.1 Financial
11.1.2 Products/ Services Offered
11.1.3 SWOT Analysis
11.1.4 The SNS view
11.2 FireEye
11.3 RSA Security
11.4 Netscout Systems
11.5 Cisco Systems
11.6 Symantec (Broadcom)
11.7 Viavi Solutions
11.8 LogRhythm
11.9 Niksun
11.10 Fortinet, Inc.
11.11 Proofpoint Inc
12. Competitive Landscape
12.1 Competitive Benchmarking
12.2 Market Share Analysis
12.3 Recent Developments
13. Conclusion
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