Network Forensic Market to see Huge Growth by 2028

The global network forensic market is anticipated to grow at a CAGR of 11.2% during the forecast period. Funding allotted by the regulatory bodies for promoting the network forensic solution to deploy in various industries such as government bodies, corporate, and manufacturing units is expected to drive the growth of the market in the coming years. For instance, in December 2021, Florida International University’s Knight Foundation School of Computing and Information Sciences has been awarded a $2.25 million grant by the US Army Research Office to establish a Center of Excellence in digital forensics at FIU in collaboration with Historically Black Colleges and Universities (HBCUs) and Minority Institutions (MIs). This partnership is not only rounding out FIU’s academic and research offerings in the space of digital forensics but also assists the universities, particularly HBCUs, secure funding, gaining additional resources, and improving the quality of instruction, as well as facilitating summer internships for graduate students associated with network forensic.

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Additionally, the new product launches and development by key vendors such as Rampiva Global LLC, Palo Alto Networks Inc., and Novetta Solution in the market will further aid in the market growth. For instance, in August 2021,  Rampiva Global, LLC strategically partnered with Hexa Data S.R.L. HexaData’s clients can now leverage Rampiva Automate in their digital forensics and discovery environments to improve quality, accelerate speed to results, and build process maturity.  Additionally, Rampiva Automate assists in making digital forensics and data analytics more accessible.

Moreover, in August 2021, Accenture Federal Services (AFS) acquired Novetta Solutions to provide highly specialized mission solutions. With the acquisition, AFS adds a new National Security portfolio to its business to be led by Novetta President and CEO Tiffanny Gates. This portfolio will provide the highly specialized, mission solutions that clients turn to for expertise in the converging domains of analytics, intelligence expertise, cloud engineering, and cyber.

Market Coverage

  • The market number available for – 2021-2028
  • Base year- 2021
  • Forecast period- 2021-2028

Segment Covered-

  • By Component
  • By Organization Size
  • By Deployment Mode
  • By End-Users

Regions Covered-

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
  • Competitive Landscape includes- Broadcom Inc., Cisco Inc., IBM Corp., NetScout Systems, Inc., Viavi Solutions Inc., Musarubra US LLC, Niksun Inc., and others.

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Network Forensic Market– Segmentation

By Component                  

  • Services
  • Solutions

By Organization Size  

  • Small-Medium Enterprises
  • Large Enterprises

By Deployment Mode

  • Cloud-Based
  • On-Premises

By End-Users 

  • Government
  • BFSI
  • Healthcare
  • Manufacturing

Network Forensic Market by Region 

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

  • Latin America
  • Middle East and Africa

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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