London, UK -- (SBWIRE) -- 08/18/2021 -- Global digital forensics market size was held at a market size of USD 5.2 Billion in 2019 and is anticipated to flourish at a CAGR of 12.1% during the forecast period. Digital forensics is a branch of forensics where recovered evidence is found in computers, tablets, smartphones, cloud services, etc. Digital forensic research helps stop cyber-crimes or cyber-attacks and allows organizations to carry out certain miscellaneous operations. The key method followed to perform a forensic would be the collection, examination, and preservation of the data. Digital forensics helps to save both credibility and money.

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In-Building Wireless Market Segmentation:
By Type
Computer Forensics
Network Forensics
Mobile Device Forensics
Cloud Forensics

By Component
Hardware
Forensic Systems
Forensic Devices
Forensic Write Blockers
Others (includes cables, adapters, hard drive enclosures, batteries, and storage devices)
Software
Services
Professional Services
Digital Investigation and Consulting
Incident Response
System Integration
Training and Education
Support and Maintenance
Managed Services

By Tool
Forensic Data Analysis
Data Acquisition and Preservation
Data Recovery
Review and Reporting
Forensic Decryption
Others (include file viewers, registry analysis tools, and email analysis tools)

By Vertical
Government and Défense
BFSI
Telecom and IT
Retail
Healthcare
Others (include media and entertainment; manufacturing; and energy and utilities)

Increasing usage of IoT devices
IoT refers to interconnected devices that communicate and interact with each other all the time. In many application areas, the widespread use of IoT devices is observed, such as smart city programs, smart transportation, vehicle communication, and autonomous vehicles, smart grids, and smart homes. The growing computing power of IoT system processors has created a connected environment and simplified tasks which have been difficult to perform by conventional means. IoT computers are a good target for cybercriminals. Adopting the best-in-class digital forensic tools and facilities that will assist in retrieving the data loss in an unexpected incident is important for companies and organizations. The growing use of IoT devices is expected to increase demand for digital forensic solutions, and services are expected to propel the global digital forensics industry.

Rising usage of CryptoCurrencies
Cryptography guarantees the confidentiality, honesty, non-repudiation, and authentication of data exchanged between 2 parties. However, even cases of fraud are rising with the crypto-currency rise. Cryptocurrencies are subject to cyber-attacks on account of financial profits, geographic rivalry, interpersonal rivalry, and loss of credibility. The artifacts can be difficult to detect when a crypto-currency fraud occurs. It will take an effective digital forensic solution to retrieve the vital data that could have been lost during the storage or trading of cryptocurrency. Therefore, cryptocurrency is one of the prime places where cybercriminals can explore, which in turn is anticipated to spark the need for digital forensics.

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The key players covered in this report:
- JDA Software Group, Inc.,
- Manhattan Associates, Inc.,
- SAP SE, Oracle Corporation,
- Epicor Software Corp.,
- GT Nexus, Inc.,
- Descartes Systems Group, Inc.,
- IBM Corporation, Kewill Systems Plc. And
- Infor Global Solutions.

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