Network Forensics Market is Segmented By Components - Network Forensics Solutions (IDS/IPS, SIEM, Threat Intelligence, Packet Capture Analysis, Log Management Analytics, Firewall) | Network Forensics Services (Professional Services, Managed Services)
The Network Forensics Market is anticipated to be worth US$ 1.41 Billion in 2023 and US$ 6.41 Billion by the end of 2033. From 2023 to 2033, the market for network forensics is anticipated to expand at a CAGR of 16.3%.
The network forensics market is rapidly expanding as businesses increasingly seek to identify and investigate security incidents that occur within their networks. Network forensics refers to the process of collecting, analyzing, and preserving network traffic and data to identify and investigate security incidents. This market includes a range of solutions such as software, hardware, and services that enable businesses to identify and respond to security incidents quickly.
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One of the primary drivers of the network forensics market is the increasing frequency and sophistication of cyberattacks. As businesses rely more on digital technologies to operate, cybercriminals have become more sophisticated and aggressive in their attacks. Network forensics solutions are critical in identifying the source of these attacks and allowing businesses to quickly respond to mitigate the damage caused.
Another key factor driving the growth of the network forensics market is the increasing regulatory environment. Many industries such as healthcare, finance, and government are subject to strict regulations that require businesses to demonstrate that they have effective security measures in place. Network forensics solutions enable businesses to comply with these regulations by providing detailed information about security incidents and demonstrating that they have taken appropriate action to address them.
Additionally, the growing adoption of cloud-based services is driving demand for network forensics solutions that can monitor and analyze network traffic in cloud environments. With the increase in remote work and the use of cloud-based applications, businesses require solutions that can identify security incidents across all endpoints and cloud-based platforms.
In conclusion, the network forensics market is expected to continue to grow as businesses increasingly recognize the need to identify and investigate security incidents within their networks.
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Key Takeaways from Market Study
“Increased need to secure network infrastructures from sophisticated cyber- attacks, such as ransomware, DDoS, and APTs, expected to drive market growth,” says a Persistence Market Research analyst.
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Key Segments of Network Forensics Market Industry Research
By Component:
By Deployment Mode:
By Application:
By Industry:
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Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services.
Jun 09, 2023
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