-- Market Overview
The global network forensic market is anticipated to surpass a valuation of USD 3.12 billion, attaining a CAGR of 17.4% during the forecast period (2018-2023), Market Research Future (MRFR) unveils in a detailed report. Network forensics generally deals with the capturing, recording, and analysis of events related to the network, to discovering security attacks and other related issues.
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Market Potential and Pitfalls
Innovative technologies in the commercial sectors and rapid advancements in digitalization are the two major factors likely to boost the demand from the network forensic market across the globe. With surging cyberattacks worldwide, governments are imposing strict mandates against these threats. This is further estimated to contribute to the growth of the network forensics market.
The soaring demand for advanced security solutions among enterprises has resulted in an increased number of players in the network forensic market. The existence of a large number of companies in the market is effective for the consumers as a variety of choices are available to them while selecting network forensic platforms. They are available at a low cost with greater accessibility, which augments its demand among the consumers. Consumers also get exact knowledge regarding the services available to them. Growing awareness regarding cybersecurity offered by network forensic platforms has led the consumers to embrace these services, which has further created huge growth potential in the market globally.
On the contrary, the dearth of awareness, coupled with a lack of a skilled network of forensic investigators are some of the major concerns likely to vitiate the growth of the network forensics market across the globe.
Segmental Analysis
The global Network Forensic Market has been segmented on the basis of deployment, component, organization size, application, and vertical.
By component, the network forensic market is segmented into service and solution.
By deployment, the network forensic market is segmented into on-premise and cloud.
By application, the network forensic market is segmented into endpoint security, data center security, application security, network security, cloud security, and email security.
By organization size, the market is segmented into SMEs and large enterprise.
By vertical, the market is segmented into banking and finance, automotive, energy & utilities, education, healthcare, government, hospitality, retail, industrial, and manufacturing.
Regional Frontiers
Geographically, the network forensic market spans across Europe, North America, Asia Pacific, and the Rest of the World (RoW).
Considering the global scenario, North America is estimated to dominate the global network forensic market, mainly due to the strong presence of industry bigshots like Cisco System Inc and IBM Corporation. Burgeoning cyberattacks, along with huge investments in the R&D in the security intelligence sector by Canada and the U.S. are likely to propel the market growth in the region. The soaring use of digital communications systems and the Internet in IoT further leads to competence in the network forensics market. The growing popularity of BYOD and IoT trends have led to the growth of cybercrimes, thus forcing organizations to embrace network security solutions.
The extensive integration of cloud-based technologies across verticals, coupled with the surging adoption of technologies in India and China are likely to create huge demand for network forensic in the Asia Pacific. Strict government mandates for the protection against cyberattacks is likely to contribute to the market growth. Increased investments for innovative technologies and digitalization by China and India are highly encouraging the growth of the network forensic market.
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Competitive Dashboard
The players operating in the global network forensic market include Cisco System Inc (US), IBM Corporation (US), Corero Network Security (US), FireEye Inc (US), Dell Technologies (RSA Security LLC), LogRhythm (US), Viavi Solutions (US), Symantec Corporation (US), Packet Forensics LLC (US), Trustwave Holdings Inc (US), and AT & T (Alien Vault Inc.).
Industry Updates
July 2019: NETSCOUT SYSTEMS, INC., has recently announced the availability of Arbor Threat Analytics (ATA). It is considered the industry’s first Network-Based Threat Detection and Analytics Platform, which offers full visibility into today’s multi-cloud environments. The product has combined NETSCOUT’s unparalleled access to network intelligence with its capability to detect and characterize threats with the help of experience in analytics and traffic monitoring. Thus, ATA can identify more threats than any other tools and can also offer rich traffic context for forensic investigation.
LIST OF TABLES
Table 1 Global Network Forensic Market, By Region, 2018—2023
Table 2 North America: Network Forensic Market, By Country, 2018—2023
Table 3 Europe: Network Forensic Market, By Country, 2018—2023
Table 4 Asia-Pacific: Network Forensic Market, By Country, 2018—2023
Table 5 The Middle East & Africa: Network Forensic Market, By Country, 2018–2023
Continued……
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LIST OF FIGURES
FIGURE 1 Global Network Forensic Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Porter’s Five Forces Analysis Of Global Network Forensic Market
FIGURE 4 Value Chain Of Global Network Forensic Market
FIGURE 5 Share Of Global Network Forensic Market In 2018, By Country (In %)
Continued…….
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Website: https://www.marketresearchfuture.com/reports/network-forensic-market-6844
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