Rapid Adoption of Emerging Technologies to Drive Digital Evidence Management Market through 2023
Rapid technological advancements and
growing crime rate coupled with increasing internet penetration and smart and connected
device user base to drive global digital evidence management market through
2023
According to
TechSci Research report, “Global Digital
Evidence Management Market By Component, By Deployment Type, By Region,
Competition, Forecast & Opportunities, 2013-2023’’, digital evidence management market, globally, is projected
to grow at a CAGR of around 16% during 2018-2023, on the back of increasing
penetration of smart and connected devices as well as internet across the globe.
Moreover, increasing digital crime rate, expanding digital forensics
market and growing focus of law enforcement and government agencies towards
security and protection of digital evidence would boost demand for digital
evidence management during the forecast period. Panasonic Corporation, Motorola
Solutions, Inc., NICE Systems Inc., OpenText Corporation and Hitachi Vantara
Corporation are among the major players operating in global digital evidence
management market.
Browse 22 market data Tables and 96 Figures
spread through 157
Pages and an in-depth TOC on "Global Digital
Evidence Management Market"
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Increasing digital data traffic & cloud storage, growing number of
digital tools, rising investments in emerging technologies, and growing number
of partnerships between digital evidence management solution providers and system
integrators are some of the other key factors that would have a
positive impact on global digital evidence management market. Demand for cloud
services is gaining momentum across various law enforcement agencies for
providing easy and quick access to critical digital data. Moreover, increasing
need to reduce the operational costs and enhance the investigation processes
are also encouraging these agencies to shift their focus toward cloud services
and deploy their software, services and solution on the cloud itself. Thus, in
terms of deployment, cloud accounted for the largest market share in 2017 and
is anticipated to maintain its market dominance in the coming years. North
America dominates global digital evidence management market, owing to the
presence of major digital evidence management solution providing companies,
rapid adoption of emerging technologies, increasing government initiatives,
etc., across the region.
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“Various government agencies across US, UK, etc., are
planning to conduct pilot projects for loading their digital evidences onto
blockchain for ensuring enhanced security and safety of the evidences, as it
will enable the agencies to manage the evidences by creating audit trails for
tracking and preventing data tampering. Moreover, this integration is also
expected to form a strong basis for creation and modification of records in
court systems, which is expected to boost Digital Evidence Management market
through 2023.”, said Mr. Karan Chechi, Research Director with TechSci Research,
a research based Global management consulting firm.
“Global Digital Evidence Management Market By
Component, By Deployment Type, By Region, Competition, Forecast &
Opportunities, 2013-2023” has evaluated the future growth potential of digital
evidence management market across the globe and provides statistics and
information on market structure, size, share and future growth. The report is
intended to provide cutting-edge market intelligence and help decision makers
to take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges and
opportunities present in global digital evidence management market.
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