Network security has become one of the most significant aspects in the current connected landscape, with the amount of data traffic handled by network infrastructures increasing at an exceptional rate. Moreover, rise in investments in security solutions in growing technological landscape propels adoption of network forensics as one of the leading solutions across industries.
The main objective of network forensics is to collect evidence. It tries to analyze network traffic data, which is collected from different sites and different network equipment, such as IDS and firewalls. In addition, it monitors networks to detect attacks and analyze nature of attackers. Network forensics is a process of identifying intrusion patterns, focusing on attacker activity.
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Rise in need to secure networks from cyber threats such as ransomware, Denial-of-Service (DDoS), and advanced persistent threat and rise in sophistication of hacking techniques are factors that drive growth of the market. Rise in demand for cloud-based network forensics is also a factor that boosts growth of the network forensics market. However, lack of skilled network forensics investigators hamper growth of the market. Contrarily, rapid evolution in mobile, IoT, and web applications and integrated next-generation network forensics solutions are opportunistic factors for the market, which is further anticipated to generate substantial opportunities for players during the forecast period.
On-going digitization is transforming present business environment where implementation of new networking technologies might have compatibility and security issues for which network forensics investigators are required to collect digital evidence to provide better solutions. Generated output from network forensics are digital evidences documented to be strong and accurate, owing to which they are legally accepted. Growth in sophistication of cyber criminals that utilize multi-layered hacking mechanism to monitor networks across enterprises has compelled businesses to adopt network forensics.
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In this digital era where cyber risks are increasing at a faster rate, organizations around the globe are thriving to find technological solutions. However, these advance solutions require talented professionals who can help them defend against these risks and help their systems respond accurately.
According to the most recent Cybersecurity Workforce Study from (ISC)2, the world’s biggest nonprofit association dedicated to IT security, there is currently a massive cybersecurity workforce shortage on a global basis. Around the world, there are currently 2.8 million cybersecurity professionals. Unfortunately, it would take a 145% rise in the number of these professionals in order to fill the current expected need for 4.07 million cybersecurity experts.
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Key benefits of the report:
- This study presents the analytical depiction of the global network forensics industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global network forensics market share.
- The current market is quantitatively analyzed from 2020 to 2027 to highlight the global network forensics market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed market analysis based on the present and future competitive intensity of the market.
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