Digital Forensics Market is expected to reach USD 4.97 billion in 2021
According to a new market report published by Transparency Market Research Digital Forensics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2015 - 2021 the global Digital Forensics market was valued at USD 2.03 billion in 2014 and is expected to reach USD 4.97 billion by 2021, at a CAGR of 12.5% through forecast period.Due to rapid advancements in forensic technology, such as the ability to recover complex data from electronic devices, fingerprint recovery from metals, and Deoxyribonucleic acid (DNA) profiling, decreasing price over period of time, which in turn has increased the affordability of forensic applications along with their market penetration across the globe. In addition, growth in sectors such as law enforcement, banking, information technology, and defense, among others, has been the key driving factor for the market growth during the forecast period from 2015 to 2021.
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