Network Forensics Market Demand, Share, and Strategic Outlook

Network Forensics Market Projected to Expand at 13.2% CAGR Through 2028

The Global Network Forensics Market is projected to grow at a CAGR of around 13.2% during the forecast period, i.e., 2023-28. Network forensics is increasingly being adopted as one of the top solutions across numerous sectors due to increased investments in security solutions in the expanding technological world. Consequently, the volume of data traffic handled by network infrastructures is growing at an unprecedented rate, making network security solutions indispensable to businesses. Network forensics examines traffic data gathered from various sites and network devices, including firewalls and IDS. Additionally, it keeps an eye on networks to look for assaults and assess the types of attackers and intrusion patterns, thereby pushing its adoption further.

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Strategic Takeaways from the Report:

Market Sizing and Forecasting
Regulatory and Policy Influence
Competitive Trends and M&A Activity
Innovation Drivers and Disruptive Technologies
Investment Hotspots and Emerging Niches
Geographical Dynamics and Trade Flows

Network Forensics Market Segment Overview & Classification

This market is categorized to offer targeted insights across various operational and consumer-related verticals.

Segment List:

By Component

By Solution

Software
Hardware

By Professional Services

Consulting
Training and Education
Design and Integration
Support and Maintenance

By Deployment Mode

Cloud
On-Premises

By Organization Size

Small and Medium Enterprises
Large Enterprises

By Application

Endpoint Security
Data Center Security

Endpoint security is expected to attain a prominent market share in the forecast years. Endpoint security gathers security-related data from endpoints, such as mobile devices, computers, laptops, and point-of-sale (POS) terminals, and analyzes this data to find malicious activity in networks. Moreover, the IoT and BYOD trends are causing a significant rise in connected devices. Through these interconnected, APT-vulnerable endpoints, the enterprises service their customers. As a result, companies' top priority is to secure these endpoint networks. The forensics solution analyses the behavior of attacks and proactively reduces risk to secure endpoints and the data they contain.

By End User

Banking, Financial Services and Insurance
Retail
Government and Defense
Healthcare
Manufacturing
Information Technology & Information Technology-enabled Services (IT and ITES)
Telecommunications
Transportation
Others

Among others, Information Technology (IT) and ITES is usually related to the production, processing, preservation, and protection of numerous types of electronic data using computers and networking hardware. Endpoint devices, including desktops, laptops, mobile phones, tablets, virtual machines, and others, are heavily utilized in this sector. Given this, cybercriminals routinely attack the networks in these sectors. The surge in network assaults and crimes can be attributed to the rising acceptance of the BYOD trend, IoT infrastructure, and the widespread use of personal devices by businesses in this industry. IT service providers are now adopting network forensics solutions for investigations to guarantee network infrastructure security and technical innovation, thereby propelling the industry during 2023-28.

By Region

North America
South America
Europe
The Middle East & Africa
Asia Pacific.

Asia Pacific has experienced rapid and advanced adoption of new technologies, and it is predicted that during the projected period, it would experience the greatest CAGR. The region is making bold efforts to take advantage of the IT infrastructure, allowing businesses to adopt cutting-edge technologies. With significant SMEs, the region is emerging as an opportunistic area for market players. The robust network forensics solutions are swiftly slithering into business, citing the alarming rate at which the threat landscape in China, Singapore, India, and the rest of the Asia Pacific is evolving. Moreover, factors including the ongoing expansion of the mobile workforce, growing corporate complexity, and the uncontrolled nature of the internet are now anticipated to push such SMEs to become more competitive.

These divisions help clarify demand patterns and expected shifts.

Market Opportunities

Augmenting AI/ML and Analytics Usage for Improved Network Visibility into IT Infrastructure - To address significant vulnerabilities with quicker threat detection, mitigation, and response capabilities, network forensics investigators are adding AI, ML, and analytics concepts into their solutions. Technologies like AI and ML advances are shifting the tide against vulnerabilities. Network security technologies powered by AI and ML assist businesses in adding complete security capabilities to their network infrastructure. Due to their applications in learning and reasoning, AI techniques are incredibly capable of understanding and solving complicated computational issues. For example, network forensics investigators can advance ANN in pattern recognition thanks to ML. This basic technology has enabled AI systems to succeed in handling ever-more complicated computational tasks.

Network Forensics Market Competitive Snapshot from 2023-2028

The report highlights established and emerging players in the global Network Forensics Market, evaluating their strengths, challenges, and potential for innovation.

Key Competitors Include:

Cisco
Fireeye Inc.
IBM
Manageengine (ZOHO)
Netscout Systems
Niksun
Novetta Solutions
Opentext
Palo Alto Neworks
RSA Security
Solarwinds
Sonicwall
Symantec (Broadcom)
Vectra AI
Viavi Solutions
Others (Graylog, Difose, etc).

Their activities include partnerships, product launches, and geographic expansions.

Network Forensics Industry Driver

Complex Network Systems and Intensifying Network Traffic Across Asia-Pacific - With ever-increasing internet penetration and technological improvements across Asia, network traffic will likely intensify in the coming years. As such, investigation processes in order to attain deeper visibility into the systems remained challenging due to high data traffic and complicated systems. Thus, the market for network forensics would witness a push in the upcoming years owing to the incessant need to protect networks from sophisticated assaults and reduce network crimes.

Moreover, organizations can collect, record, and analyze network traffic using network forensics for incident response and investigation. Additionally, it aids in determining insider theft, the misuse of networking resources, and network performance evaluation. In order to identify network traffic and its impact on sensitive data, organizations all over the world have started implementing network forensics solutions, in turn, propelling the industry further.

Frequently Asked Questions (FAQs):

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Which competitors dominate the landscape?
What risks could disrupt market expansion?
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