Rapid technological advancements and growing crime
rate coupled with increasing internet penetration and smart and connected
device user base to drive global digital evidence management market through
2023
According to TechSci Research report, “Global Digital Evidence Management Market By
Component, By Deployment Type, By Region, Competition, Forecast &
Opportunities, 2013-2023’’, digital evidence management
market, globally, is projected to grow at a CAGR of around 16% during
2018-2023, on the back of increasing penetration of smart and connected devices
as well as internet across the globe. Moreover, increasing
digital crime rate, expanding digital forensics market and growing focus of law
enforcement and government agencies towards security and protection of digital
evidence would boost demand for digital evidence
management during the forecast period. Panasonic
Corporation, Motorola Solutions, Inc., NICE Systems Inc., OpenText Corporation
and Hitachi Vantara Corporation are among the major players operating in global
digital evidence management market.
Browse 22 market data Tables and 96 Figures spread
through 157 Pages and an in-depth TOC on "Global
Digital Evidence Management Market"
Increasing digital data traffic & cloud
storage, growing number of digital tools, rising investments in emerging
technologies, and growing number of partnerships between digital evidence
management solution providers and system integrators are some of the other
key factors that would have a positive impact on global digital evidence
management market. Demand for cloud services is gaining momentum across various
law enforcement agencies for providing easy and quick access to critical
digital data. Moreover, increasing need to reduce the operational costs and
enhance the investigation processes are also encouraging these agencies to
shift their focus toward cloud services and deploy their software, services and
solution on the cloud itself. Thus, in terms of deployment, cloud accounted for
the largest market share in 2017 and is anticipated to maintain its market
dominance in the coming years. North America dominates global digital evidence
management market, owing to the presence of major digital evidence management
solution providing companies, rapid adoption of emerging technologies,
increasing government initiatives, etc., across the region.
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“Various government agencies across US, UK, etc., are
planning to conduct pilot projects for loading their digital evidences onto
blockchain for ensuring enhanced security and safety of the evidences, as it
will enable the agencies to manage the evidences by creating audit trails for
tracking and preventing data tampering. Moreover, this integration is also
expected to form a strong basis for creation and modification of records in
court systems, which is expected to boost Digital Evidence Management market
through 2023.”, said Mr. Karan Chechi, Research Director with TechSci Research,
a research based Global management consulting firm.
“Global Digital Evidence Management Market By
Component, By Deployment Type, By Region, Competition, Forecast &
Opportunities, 2013-2023” has evaluated the future
growth potential of digital evidence management market across the globe and
provides statistics and information on market structure, size, share and future
growth. The report is intended to provide cutting-edge market intelligence and
help decision makers to take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges and opportunities present in global digital evidence management
market.
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