Network Forensic Market Trends

Network Forensics Market Overview

The Network Forensics Market size is projected to rise from USD 3.37 Billion in 2024 to USD 9.69 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 14.11% during the forecast period (2024 - 2032). Additionally, the market size for network forensics was valued at USD 2.90 Billion in 2023.

Increased frequency of cyberattacks and sophisticated threats and digital transformation in commercial sections are the key market drivers enhancing the growth of market.

Figure 1: Network Forensics Market Size, 2022-2032 (USD Billion)

Source: The Secondary Research, Primary Research, MRFR Database, and Analyst Review

Network Forensics Market Trends

The growing frequency of cyberattacks and sophisticated threats is driving the market growth.

Market CAGR for network forensics is being driven by the rising frequency of cyberattacks and sophisticated threats like DDOS attacks, ransomware, and advanced persistent threats. The rising network traffic and network systems complexity due to technological advancements as the heavy data traffic and complex systems make the investigation processes more difficult to analyze in order to get deeper visibility into the systems. The growing requirement to secure networks from advanced attacks and reduce network crimes.

Network forensics is a digital forensics tool that is utilized to examine and retrieve data about network activity and events to stop cyberattacks. It is made up of a software program that will keep track of data and detect large amounts of data while preventing illegal access to computer networks. As enterprises are being continuously targeted by hackers, and malware is evading existing security systems and not triggering alarms on traditional security information and event management tools. Network forensics is allowing companies to protect data and realize vulnerabilities in the system. With the growing investments in security in the technological landscape, network forensics is evolving as one of the leading solutions in the industry. Small and medium businesses, prone to attacks, find the requirement to deploy improved security systems. These businesses are opting for cloud-based solutions as IoT and mobile devices grow. The cloud-based network forensics solutions are gaining popularity worldwide owing to their ease of maintenance and low costs in the market.

The rising adoption of the AI and machine learning is the prime factor boosting the revenue growth of the market. These technologies can assist network forensics solutions in enhancing their capability and performance by automating the process of detecting and responding to the cyber threats. They have the ability to analyze large data in real-time, identify anomalies and patterns and make predictions about potential threats. AI and ML can also assist in minimizing the requirement for human intervention and raise the efficiency of incident response. Thus, driving the Network Forensics market revenue.

Network Forensics Market Segment Insights

Network Forensics Deployment Insights

The global Network Forensics market segmentation, based on deployment, includes On-Premises and Cloud. The on-premise segment dominates the market, accounting for the largest market revenue as the demand for on-premise deployment of network Forensics solutions is increasing in recent times because organizations are becoming more concerned about data security and privacy. On-premise deployment helps the organization to keep their network logs and data on their own servers and storage devices than depending on cloud-based solutions, providing organizations with more control over their network data and logs and ensuring that sensitive data is not shared with third-party providers. Further, the cloud category is anticipated to witness significant growth throughout the forecast period.

Figure 2: Network Forensics Market, by Deployment, 2022 & 2032 (USD Billion)

Source: The Secondary Research, Primary Research, MRFR Database, and Analyst Review

Network Forensics Application Insights

The global Network Forensics market segmentation, based on application, includes Data Center Security, Endpoint Security, Network Security, Application Security, and Others. The endpoint security segment dominates the market, accounting for the largest market share. Network Forensics can be utilized for identifying and investigating security breaches originating from endpoint devices, like laptops, smartphones, and other connected devices. Network Forensics can also be utilized to improve data center security by offering visibility into network activities and identifying potential security threats and also to continuously examining and monitoring traffic in search of indications of spiteful behavior like illegal access, exfiltration, and other security breaches.

Network Forensics Regional Insights

By region, the study gives market insights into the North America, Europe, Asia-Pacific, and the Rest of the World. The North American Network Forensics market area dominates the market due to the increasing number of cyber-attacks and data breaches in this region. The government is also increasing its usage of network Forensics to combat the cybercrime and protect national security. The US is the largest contributor to the growth of Network Forensics market in the North American region.

Further, the prime countries studied in the market report are the US, Canada, German, France, the UK, Italy, Spain, Japan, India, China, Australia, South Korea, and Brazil.

Figure 3: NETWORK FORENSICS MARKET SHARE BY REGION 2022 (USD Billion)

Source: The Secondary Research, Primary Research, MRFR Database, and Analyst Review

The Asia-Pacific Network Forensics Market accounts for the second-largest market revenue due to the increase in cybercrime, and imperative for businesses to protect against security breaches and the growing requirement for organizations to have the capability to investigate and analyze network activities for identifying and preventing security incidents. Moreover, China’s Network Forensics market held the largest market share, and the Indian Network Forensics market was the fastest-growing market in Asia-Pacific region.

Europe Network Forensics market is expected to grow at a rapid CAGR from the year 2023 to 2032. This is due to the increasing utilization of technology in business and personal life is boosting the need for organizations to have the ability to investigate and analyze network activities to identify and prevent security activities. Further, the German Network Forensics market held the largest market share, and the UK Network Forensics market was the rapid-growing market in the European region.

Network Forensics Key Market Players & Competitive Insights

Leading market players are investing hugely in research and development in order to expand their product lines, which will help the Network Forensics market grow even more. Market players are also undertaking a variety of strategic activities to spread their global footprint, with important market developments including new product launches, mergers and acquisitions, contractual agreements, higher investments, and collaboration with other organizations. To spread and survive in a more competitive and rising market climate, the Network Forensics industry must offer cost-effective items.

Manufacturing locally to minimize the operational costs is one of the key business tactics utilized by manufacturers in the global Network Forensics industry to benefit clients and increase the market sector. In recent years, the Network Forensics industry has offered some of the most significant advantages to data security. Major players in the Network Forensics market, including Broadcom Inc., VIPRE Security Group, Cisco Systems Inc., IBM Corporation, Netscout Systems Inc., Valvi Solutions Inc., Accenture Federal Services, Symantec Corporation, Trustwave Holdings Inc., Packet Forensics LLC, Dell Technologies, and others, are trying to increase market demand by investing in the research and development operations.

VIPRE Security Group, founded in the year 1994, is a leading supplier of internet security solutions protecting businesses and home users from costly, malicious cyber threats. For more than 25 years, the company has supplied one of the largest threat intelligence clouds globally, delivering exceptional protection against the most aggressive online threats in recent times. The portfolio of the company includes next-generation antivirus endpoint cloud and EDR solutions, modern email security products, threat intelligence for the real-time malware analysis, and the security awareness training for compliance and risk management. In January 2023, the company announced the introduction of its latest cybersecurity product, VIPRE Endpoint Detection & Response (EDR). VIPRE EDR is anticipated to help small and medium-sized businesses and their IT partners navigate the intricacies of EDR administration from a simple and single console.

IBM is an American multinational technology corporation founded in the year 1911 and headquartered in Armonk, New York. The company specializes in computer hardware, software, and middleware and offers hosting and consulting services in areas of mainframe computers and nanotechnologies. The company is the largest industrial research organization globally, with 19 research facilities throughout the dozen countries. In February 2019, the company announced a new portfolio of Internet of Things solutions designed by artificial intelligence and the advanced analytics, in order to help asset-intensive organizations, like the Metropolitan Atlanta Rapid Transit Authority (MARTA), for enhancing maintenance strategies. The company also developed a new technology for predicting and monitoring when and where trees and vegetation threaten the power lines, which can enhance the power supply operations and minimize outages.

Key Companies in the Network Forensics market include

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  Broadcom Inc.

  
  


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  VIPRE Security Group

  
  


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  Cisco Systems Inc.

  
  


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  IBM Corporation

  
  


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  Netscout Systems Inc.

  
  


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  Valvi Solutions Inc.

  
  


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  Accenture Federal Services

  
  


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  Symantec Corporation

  
  


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  Trustwave Holdings Inc.

  
  


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  Packet Forensics LLC

  
  


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  Dell Technologies

  
  

Network Forensics Industry Developments

Network Forensics Market Segmentation

Network Forensics Deployment Outlook

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  On-Premises

  
  


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  Cloud

  
  

Network Forensics Application Outlook

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  Data Center Security

  
  


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  Endpoint Security

  
  


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  Network Security

  
  


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  Application Security

  
  


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  Others

  
  

Network Forensics Regional Outlook

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  North America

  
  

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  US

  
  


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  Canada

  
  

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  Europe

  
  

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  Germany

  
  


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  France

  
  


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  UK

  
  


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  Italy

  
  


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  Spain

  
  


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  Rest of Europe

  
  

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  Asia-Pacific

  
  
  
  
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    China

    
    
  
  
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    Japan

    
    
  
  
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    India

    
    
  
  
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    Australia

    
    
  
  
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    South Korea

    
    
  
  
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    Australia

    
    
  
  
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    Rest of Asia-Pacific

    
    
  
  
  
  


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  Rest of the World

  
  
  
  
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    Middle East

    
    
  
  
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    Africa

    
    
  
  
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    Latin America