After
a period of sustained slowdown in forensic market, digital disruption
has reshaped the computer forensic technology. The industry witnessed
impressive growth over the last five years. Latent print analysis,
chemical analysis, trace evidence analysis, explosive analysis,
questioned document examinations (QDE) and tool market identification
are some of the examples of forensic analysis. Furthermore,
government contracts along with transparency in process execution
have boosted the computer forensic technologies market.
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Top
Key Players
Some
of the key companies that provide computer forensic technologies and
services include Agilent Technologies, Inc., Creative Forensic
Services, eDirect Impact, LLC, Capsicum Group LLC, Computer Forensic,
Inc., Illumina, Inc., BAE Systems plc, and others.
Rise
in crime is expected to spur the demand for computer forensic
technologies and services market worldwide
Rise
in crime activities globally will stimulate the need of computer
forensic technologies and services hence augment the market growth.
According to World Health Organization (WHO) each year, 250 thousands
homicides occur and are projected to increase mainly in MEA and Asia
Pacific region. In addition, innovative services and technological
advanced forensic equipment offered by key players has increased the
usage of these equipment and services by forensic laboratories which
is expected to drive the market growth. For instance, cartridge and
bone fragments are gaining prominence over other traditional means of
forensics. Moreover, companies such as Computer Forensic Services
(CFS) and eDirect Impact offer line of integrated services ranging
from data recovery, to forensic imaging which would further stimulate
the use of these services hence drives the market growth. However,
regulatory compliances along with complexity in initial setup are key
concern to industry.
North
America leads the forensic technologies and services market with over
800 thousand reported crime rate
Geographically,
North America represents the largest market of computer forensic
technologies and services. U.S. is expected to account for over 90%
of the regional market followed by Canada. The growth of this market
is mainly attributed to advancement in technologies coupled with
rising need for forensic technologies and services in North America.
Efforts of domiciled key companies to offer novel products further
stimulate the use of forensic technologies and services. For example,
in January 2015, Illumina, Inc. announced the expansion of its
comprehensive next generation sequencing portfolio with the
introduction of HiSeq 3000/4000 Systems and HiSeq X Five System.
These systems offer cost effective option for high throughput
laboratories to establish production scale sequencing. Thus,
introduction of cost effective and innovative forensic systems in
this region will fuel the utilization of forensic technologies and
services market.
Market
Taxonomy:
Coherent
Market Insights has segmented the industry by
-
Products
-
Services
The
market of computer forensic technologies and services is segmented on
the basis of:
By
Products : DNA Testing, Biometric Testing, Ballistic Forensic,
Digital and Computer Forensic, Others
By
Service: Laboratory Forensic, Forensic Consulting, Others
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