Network forensic market is anticipated to grow at a CAGR of 11.2% during the forecast period. Network forensic refers to a digital forensic solution mainly used for the retrieval and inspection of information regarding network traffic and events to prevent cyberattacks. One of the prominent factors that drive the market demand is the increasing incidence of advanced threats such as ransomware, distributed denial of service (DDOS) attacks, and rising cases of cyberattacks. Organizations are widely installing network forensic solutions to recognize and prevent unauthorized access and determine the source of security threats, and for securing mobile and web applications. In addition, various technological advancements, such as the development of the cloud-based forensic solution, are also favoring the growth of the market. For instance, in July 2022, Oxygen Forensics released the latest version of the all-in-one digital forensic solution, Oxygen Forensic Detective v.14.6. This version adds support for multiple new backups, continues to improve the iOS Agent extractor, and introduces a new analytic feature. With this release, investigators will have access to the latest iOS versions via an updated iOS Agent and will now have the ability to extract data from Apple devices running iOS versions 15.0 – 15.1.1.
However, a lack of skilled and qualified investigators in the investigation field may hamper the market growth. The National Association of Software and Service Companies (NASSCOM) stated that there was a need for one million cybersecurity professionals by 2020.
The global network forensic market is segmented based on the component, organization size, deployment mode, and end-users. Based on the component, the market is bifurcated into solutions and services. Based on the organization size, the market is sub-segmented into small-medium enterprises and large enterprises. Based on the deployment mode, the market is sub-divided into cloud-based and on-premises. Based on the end-users, the market is sub-segmented into government, BFSI, healthcare, and manufacturing.
Among the end-users, the healthcare sub-segment is expected to grow at a significant CAGR over the forecast period. The growth is mainly augmented, owing to the increasing demand for network forensics in the sector to retrieve, store, share, and send data in various formats to various devices across a particular healthcare institution for secure, reliable, and fast network infrastructure. Network forensics assists the healthcare organization in securely transferring data over the network and ensures the highest level of security across the end-to-end network.
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Network Forensic Market Segmentation
By Component
- Solution
- Services
By Organization Size
- Small-Medium Enterprises (SMEs)
- Large Enterprises
By Deployment Mode
- Cloud-Based
- On-Premises
By End-Users
- Government
- BFSI
- Healthcare
- Manufacturing
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Regional Analysis
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
Company Profiles
- Corcystems Managed IT Services
- Corelight
- Cysight
- Liveaction Inc.
- Logrhythm Holdings, LLC
- Musarubra US LLC
- Niksun Inc.
- Novetta Solutions, LLC
- Open Text Corp.
- Palo Alto Networks, Inc.
- RSA Security LLC
- SonicWall
- Vectra AI, Inc.
- Vehere Interactive Pvt. Ltd.
- Zoho Corp.
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