(MENAFN- IMARC Group)
IMARC Group, a leading market research company, has recently releases report titled
“Digital Evidence Management Market: Global industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032, ” The study provides a detailed analysis of the industry, including the global digital evidence management market share, size, trends, and growth forecast. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
How big is the digital evidence management market ?
The global digital evidence management market size reached US$ 7.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 17.0 Billion by 2032, exhibiting a growth rate (CAGR) of 9.92% during 2024-2032.
What is Digital Evidence Management?
Digital Evidence Management (DEM) encompasses a comprehensive framework of procedures, rules, and technological infrastructures designed to effectively acquire, store, control, and safeguard digital evidence to ensure its reliability and admissibility in legal proceedings. This framework entails a range of tasks such as collecting, analyzing, securing, and presenting evidence, all of which must comply with rigorous legal and procedural standards equivalent to those applied to conventional physical evidence. Consequently, DEM plays a pivotal role in modern law enforcement and criminal investigations, serving as a vital repository of information in cases involving unlawful activities.
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What are the growth prospects and trends in the digital evidence management
industry?
The proliferation of online platforms and devices has led to the generation of vast amounts of data, which serves as crucial evidence in legal proceedings. This trend primarily propels the digital evidence management market. Additionally, the increasing demand for specialized tools and techniques to aid investigators in acquiring, handling, and preserving evidentiary information further drives market growth. Moreover, as the use of digital evidence expands, ensuring its security against tampering and unauthorized access becomes crucial, thereby fueling the global market. The widespread use of cell phones, cameras, laptops, tablets, and the abundance of textual content, emails, photographs, social media posts, and other digital materials also significantly contribute to market growth. Furthermore, the rising popularity of cloud-based solutions, offering scalability, flexibility, and cost-effectiveness, is expected to drive the digital evidence management market in the forecasted period.
Who are the key players operating in the industry?
The report covers the major market players including:
Digital Detective Group Limited Exterro Inc. Hitachi Vantara LLC (Hitachi Ltd.) International Business Machines Corporation Micro Systemation AB NICE Ltd. Open Text Corporation Panasonic Corporation of North America (Panasonic Corporation of North America (Panasonic Holdings Corporation) Safe Fleet Holdings LLC Vidizmo LLC
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Component:
Hardware Software Evidence Collection, Storage and Sharing Evidence Security Evidence Analytics and Visualization
Services Digital Investigation and Consulting System Integration Support and Maintenance Education and Training
Breakup by Deployment Model:
Cloud-based On-premises Hybrid
Breakup by End-User:
Law Enforcement Agencies Criminal Justice Agencies Others
Market Breakup by Region:
North America (United States, Canada) Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others) Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others) Latin America (Brazil, Mexico, Others) Middle East and Africa
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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