Network Forensics Market 2021-2031
New study reports “ Network Forensics Market 2021 Global Market Opportunities, Challenges, Strategies, and Forecasts 2031” have been added to PersistenceMarketResearch.
Introduction / report summary:
This report offers an in-depth study of the “ Market for network forensics ” using SWOT analysis, ie strength, weakness, opportunity and threat to the company. The Network Forensics market report also offers an in-depth survey of the major players in the market based on an organization’s various objectives such as profiling, product overview, production volume, required raw material, and financial health of the organization.
The fundamental dynamics examined in the report have significant impact on the Network Forensics Market. The report explores the value, volume trends, and price history of the market. Additionally, various growth factors, restraints, and opportunities for the market are analyzed to study the in-depth understanding of the market.
This report also analyzes the impact of Coronavirus COVID-19 on the network forensics industry.
According to the results of a revised market research report by Persistence Market Research, the global network forensics market reached a valuation of nearly $ 2.2 billion in 2020 and is expected to have a CAGR of 12.6% over the next decade.
The increasing demand for network forensics services and cyber security forensics services to protect businesses, organizations, networks, endpoints and data centers from malicious attacks, numerous ransomware and APTs, and to detect and remediate network security breaches is driving the growth of the global market for network forensics.
Key characters
The report has some of the key players widely spread in the global profile such as – IBM Corporation, Cisco Systems, Inc., FireEye, Inc., Symantec Corporation, Netscout Systems, Inc., EMC RSA, Viavi Solutions, LogRhythm, Inc., Niksun , Savvius, Inc and more .
This report covers sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth, and future prospects of network forensics.
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Several industry players are introducing advanced network forensics tools to the market to help counter cyber threats.
- CounterFlow AI, for example, has introduced a new solution based on what is known as “network forensics”. The platform called ThreatEye is an open, scalable AIOps platform that was developed to relieve SOC analysts who need high-fidelity analysis for investigations but are overwhelmed by unnecessary amounts of data flowing through the network.
- Savvius is a leader in actionable forensic solutions for network performance and security. The company has expanded its existing network forensics solutions to include additional functions for network performance diagnostics, visualization and security investigations. The solution enables the operation of packet capture and analysis appliances with up to 25 Gbit / s and is available with a storage capacity of up to 192 TB.
Companies in this industry are also focusing on mergers and acquisitions to expand their consumer base.
- For example, Palo Alto Networks, a leading cyber provider, acquire the Crypsis Group, an incident response, risk management and digital forensics consulting firm. This acquisition enabled the company not only to help its customers predict and prevent cyberattacks, but also to mitigate the impact of security breaches they may be exposed to.
Companies also form partnerships to expand their customer bases in several developing countries.
- For example, Pelorus Technologies, a leading provider of specialized digital forensic technology solutions to businesses and governments, has partnered with MSAB, a global leader in digital forensic technology for examining mobile devices. The collaboration helps Pelorus establish technological supremacy in India. Together, the two leading technology companies will offer Indian customers comprehensive network forensics solutions at competitive prices.
Important findings from the market study
- Professional services have a market share of 64.6%; however, demand for managed network services will have a CAGR of 17.9%.
- Services are expected to experience high growth throughout the forecast period, growing at a CAGR of 14.8% through 2031.
- Germany holds a 39.8% share of the European market, driven by mass acceptance in small and medium-sized companies and strict government regulations for end-user verticals.
- The United States is a high potential market in North America and is projected to account for more than 60% of the regional market by 2031, supported by increasing investments in small / medium-sized and large companies.
- China dominates East Asia and accounts for over 48.7% of the value based on a huge consumer base.
“The increased need to protect network infrastructures from sophisticated cyber attacks such as ransomware, DDoS and APTs is expected to fuel market growth,” said an analyst with Persistence Market Research.
Key Players Network Forensics Market Manufacturers Network Forensics Market Distributors / Traders / Wholesalers Network Forensics Market Subcomponent Manufacturers Industry Association Downstream Suppliers
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Key Highlights of the Network Forensics Market Report:
The Network Forensics market analysis report offers an in-depth study of the potential market growth opportunities and challenges.
The report delves deeper into the market and explains the dynamic factors that support market growth.
The report thoroughly evaluates the current historical market size, share, and sales growth rates to provide accurate market forecast for the forecast period.
The report analyzes network forensics market presence in major regions around the world.
It determines the production and consumption capacities as well as the demand and supply dynamics of each regional market.
The report also illustrates the intense competition among key market players and highlights their effective plans and strategies for business expansion.
It provides a company overview and SWOT analysis of each market participant.
Key questions answered in this report.
What will the market growth rate be in the future?
What are the key factors for the global market?
Who are the main manufacturers in the market?
What opportunities and risks are providers exposed to in global industry?
What are sales, sales and price analyzes by industrial region?
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Continuation…
Our team is studying Covid-19 and its impact on different industries and where necessary we will consider the Covid-19 footprints for a better analysis of the markets and industries. Please contact us for further details .
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