In the ever-evolving realm of criminal investigations, the Forensics Technology Market stands as an unyielding force, relentlessly pushing the boundaries of what’s possible in the pursuit of justice. With advancements spanning DNA analysis, digital forensics, and cutting-edge crime scene investigation tools, this market is transforming the landscape of law enforcement and legal proceedings. From deciphering the mysteries of cybercrimes to unraveling age-old unsolved cases, forensics technology has become the modern-day Sherlock Holmes, armed with the precision of science and the diligence of detectives. According to a new report published by Allied Market Research, titled, โForensics Technology Market,” The forensics technology market was valued at $15.2 billion in 2020, and is estimated to reach $44.3 billion by 2030, growing at a CAGR of 11.2% from 2021 to 2030.
โฆ ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐๐ฉ๐จ๐ซ๐ญ –
https://www.alliedmarketresearch.com/request-sample/2369
Key Findings of the Study –
- On the basis of types, the fingerprinting analysis segment was the highest contributor to the forensics technology market in 2020.
- Region wise, North America garnered the largest revenue share in 2020, whereas Asia is anticipated to grow at the highest CAGR during the forecast period.
Factors driving the growth in the forensic technology market include advancements in forensic technology, increase in criminal cases, and better court facilities. Factors such as the increase in crimes such as murder, theft, and cyber-crime are contributing to the growth of the surveillance technology market. For example, according to data from Statista, in 2020, 21,570 cases of murder or negligent homicide were reported in the United States.
The forensic technology market is segmented by type and region. On the basis of type, forensic technology market analysis is segmented into services and products. The projects are then used in DNA Prefiling, the finger research, chemical research, analysis of weapons, and more. The products are organized as an experiment, bioometric device, digital limit, ballistic facics, and more. The service segment dominated the forensic technology industry market in 2020, and this trend is expected to continue during the forecast period, due to the increase in crime and advancements in scientific research.
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https://www.alliedmarketresearch.com/purchase-enquiry/2369
North America is expected to witness the highest growth, in terms of revenue, owing to the presence of key players for manufacturing and developing forensic technologies, and increase in criminal cases, in the region. However, Asia-Pacific is anticipated to witness lucrative growth, owing to an increase in criminal cases, advancement of technology and government initiatives to control crime in the region.
Key Market Players –
Major key players that operate in the industry are 3M COMPANY, Agilent Technologies Inc., Belkasoft, Eurofins Medigenomix Forensik GmbH (Forensic Division of Eurofins Scientific S.E.), GE Healthcare (A healthcare division of GE company), LGC Limited, Morphotrust USA (Safran S.A.), Thermo Fisher Scientific Inc., NMS Labs, Ultra-Electronics Forensic Technology Inc. (Subsidiary of Ultra Electronics Holdings plc.)
By Region –
North America (U.S., Canada, Mexico)
Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
LAMEA (Brazil, Saudi Arabia, South Africa, Rest of LAMEA)
Asia-Pacific (Japan, China, Australia, India, South Korea, Rest of Asia-Pacific)
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https://www.alliedmarketresearch.com/forensic-technology-market/purchase-options
Frequently Asked Questions?
Q1. What is the total market value of global forensics technology market?
Q2. Which market holds the maximum market share of the global forensics technology market?
Q3. What will be global forensics technology market growth in 2030?
Q4. What are the key trends in the global forensics technology market?
Q5. What are the key growth strategies of global forensics technology market players? Q6. How the company profile has been selected?
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