Shibuya-ku, Tokyo, Japan, Japan, Oct 27, 2021, 02:46 /Comserve / -- The global digital evidence management market size is expected to grow from USD 4.35 billion in 2018 to USD 7.56 billion by 2023, at a CAGR of 11.7% during the forecast period.
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The global digital evidence management market size is expected to grow from USD 4.35 billion in 2018 to USD 7.56 billion by 2023, at a CAGR of 11.7% during the forecast period. The major factors that are expected to drive the growth of the digital evidence management market include the growing rate of digital crimes, increasing government initiatives, and emerging technologies. In addition to this, the rising investments in the emerging technologies are also expected to be one of the biggest and most important factors for the market growth. However, the lack of skilled professionals and hesitancy of legal officers over sharing digital evidence may hamper the market growth.
Digital evidence management software assists organizations in managing digital evidence, helps investigators upload the digital evidence data by ensuring integrity and authenticity of files, and offers easy search and share of the critical data. Collecting, sharing, and storing evidence data are very crucial during criminal investigations, as it is important to maintain integrity of evidence during the investigation process. The evidence collection, storage, and sharing software helps manage the evidence collected from different sources, such as emails, text messages, transactions, online accounts, images, and browsing histories. Humungous data generated from these sources is one of the main factors expected to increase the demand for digital evidence management software.
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The Final Report will cover the impact analysis of COVID-19 on this industry: Digital Evidence Management Market Insights by Emerging Trends, Revenue Analysis, Demand Forecast till 2023
North America to hold the largest market size, while APAC to grow at the highest CAGR during the forecast period
North America is expected to hold the largest market size, due to the presence of a large number of digital evidence management vendors in the region and different government initiatives for evidence security. The rising adoption of technologies and increasing need for law enforcement agencies to share confidential data are significant factors driving the digital evidence management market in North America. Furthermore, the US is expected to dominate the overall digital evidence management market in North America.
Asia Pacific (APAC) is expected to grow at the highest CAGR during the forecast period, as APAC countries are strongly focusing on investments and government initiatives in the emerging technologies to strengthen the digital evidence management market. Other factors such as the increasing government initiatives and education programs, and growing technologies are expected to contribute to the growth of the digital evidence management market in this region. Moreover, APAC organizations are focusing on the emerging technologies, such as IoT, Artificial Intelligence (AI), and cloud.
Fill This Form and get the Sample Copy of This Report: https://www.sdki.jp/sample-request-61497
The Final Report will cover the impact analysis of COVID-19 on this industry: Digital Evidence Management Market Insights by Emerging Trends, Revenue Analysis, Demand Forecast till 2023
In the process of determining and verifying the market size of several segments and subsegments gathered through secondary research, extensive primary interviews were conducted with key people. The break-up of the profiles of the primary participants is as follows:
• By Company: Tier: 1: 30 %, Tier 2: 40%, and Tier 3: 30%
• By Designation: C-Level: 72%, Director Level: 14%, and Others: 14%
• By Region: North America: 57%, Europe: 14%, and APAC: 29%
Research Coverage
The report includes an in-depth competitive analysis of the key players in the digital evidence management market, along with their company profiles, recent developments, and key market strategies. It segments the digital evidence management market by component (hardware, software, [evidence collection, storage, and sharing; evidence analytics and visualization; and evidence security], and services) [digital investigation and consulting, system integration, training and education, and support and maintenance]), deployment type, and region.
Reasons to buy the Report:
The digital evidence management market is segmented on the basis of components (hardware, software [evidence collection, storage, and sharing; evidence analytics and visualization; and evidence security], and services [digital investigation and consulting, system integration, training and education, and support and maintenance]), deployment types, and regions.
TABLE OF CONTENTS
1 INTRODUCTION 14
1.1 OBJECTIVES OF THE STUDY 14
1.2 MARKET DEFINITION 14
1.3 MARKET SCOPE 15
1.4 YEARS CONSIDERED FOR THE STUDY 16
1.5 CURRENCY 16
1.6 STAKEHOLDERS 16
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