ALBANY, New York, July 25, 2019 /PRNewswire/ -- Network forensics deals with capturing, recording, and analyzing the network related events, to figure out the cause behind security attacks or similar situations related to them. Network forensics can be explained as particular analysis of the network, carried out after a security attack. Various methods are applied in network forensics. The two main methods implemented in network forensics are stop-look-listen and catch-it-as-you-can.
According to a recent report by Transparency Market Research, the global network forensics market is prognosticated to expand at a steady CAGR of 14.1% within the forecast period from 2017 to 2025. In 2016, the global network forensics market was valued around US$1,324.8 mn. This figure is likely to reach around worth of US$4,232.0 mn by the end of 2025.
Urgent Need for Tools to Stop Data Breaches to Fuel Growth in Global Market
Increasing security concerns and absence of security framework in the companies is one of the major aspects fueling the market. As indicated by Cost of Cyber Crime Study 2017 by Accenture, the number of breaches in a company per year has surged over 27% from normal 102 cyber-attacks to 130. Likewise, IT firms need relevant tools to satisfactorily explore and stop information breach. Subsequently, companies are searching for network forensics solutions to control increasing data breaches as well as improve application and network performance. In addition, players concentrate on network troubleshooting to reduce losses is additionally holding an important part in the development of network forensics market. But, absence of skilled employees is influencing the development of network forensics market, negatively across the world. Development in wireless technologies, increasing popularity of connected device, and deeper internet penetration, along with emergence of Internet of Things are providing new scope for network forensics solutions players, contributing in the development of global network forensics market.
Planning to lay down future strategy? Perfect your plan with our report brochure at https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=40532
Geographically, North America is anticipated to lead the global network forensics market with share of over 30% by the end of forecast period. Asia Pacific trails the region. The development of network forensics in North America is inferable from rising cyber-security threats, particularly among banking and industries. Moreover, Asia Pacific is foreseen to have the highest CAGR over 15% within the forecast period, trailed by South America. The development of cloud based network forensics solutions is primarily because of rising demand regarding network forensics solutions in SMEs. China, Japan, and India are among the significant nations in the network forensics market in Asia Pacific. Likewise, growth in connected devices and increasing digitization has huge impact on the network forensics market in Brazil.
Get Discount on this Report athttps://www.transparencymarketresearch.com/sample/sample.php?flag=D&rep_id=40532
The global network forensics market is at a budding level and is probably going to attain a strong foothold in the following couple of years. At present, the market is foreseen to be fragmented with the emergence of various players working over the globe. The market is estimated to encounter a considerable rise in competitive scene in the following couple of years. Innovative technologies and the advancement of new items are anticipated to make potential development scope for the players in future. Likewise, the release of new products is probably going to help the market growth in forthcoming years. Major players operating in global forensics market are VIAVI Solutions Inc., RSA Security, NIKSUN Incorporated, FireEye, Inc., IBM Corporation, LogRhythm, Inc., Symantec Corporation, Savvius, Inc., and Cisco Systems, Inc.
Want to know the obstructions to your company's growth in future? Request a PDF sample
This review is based on the findings of a TMR report titled "Network Forensics Market (Deployment Type - on premise, cloud based; Component - hardware, software, services; End use - BFSI, Telecom and IT, Government, Education, Healthcare, Retail) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025."
Market Segmentation:
Deployment Type
- On premise
- Cloud based
Component
- Hardware
- Software
- Services
End-Use Industry
- BFSI
- Telecom and IT
- Government
- Education
- Healthcare
- Retail
- Others
Geography:
- North America
- The U.S.
- Canada
- Rest of North America
- Europe
- The U.K.
- Germany
- France
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Rest of Asia Pacific
- Middle East and Africa (MEA)
- GCC Countries
- South Africa
- Rest of the Middle East & Africa
- South America
- Brazil
- Rest of South America
Browse More IT & Telecom Market Research Reports
Popular Research Reports by TMR:
- Network Analysis Module (NAM) Market -https://www.transparencymarketresearch.com/network-analysis-module-market.html
- Network Advisory Services Market -https://www.transparencymarketresearch.com/network-advisory-services-market.html
- Network Access Control Market - https://www.transparencymarketresearch.com/network-access-control-market.html
About Us
Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.
Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.
TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.
Contact
Mr. Rohit Bhisey
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com
Research Blog: https://newsregal.com/
