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Network Forensics Market by Solution, Service, Application Area, Deployment Mode, Organization Size, Vertical, and Region - Global Forecast to 2021

Network Forensics Market: Global Forecast until 2021

  • March 2017
  • 167 pages
  • ID: 4799013
In this report:
APAC is expected to account for ##.##% of the global market share in 2016, and is projected to grow at the highest CAGR of ##.##% from 2016 to 2021, due to the growing need for network forensics solutions and rise in demand for SaaS-based network forensics solutions.
The market in APAC is expected to grow at the highest CAGR of ##.##% from 2016 to 2021, as large enterprises in the region are increasingly adopting network forensics to proactively secure the web, mobile, and IoT applications.

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Increased need to secure networks from advanced attacks, including ransomware, DDoS, and APTs is predicted to push the network forensics market

The network forensics market size is forecasted to grow from ~$1.3B in 2016 to ~$2.7B by 2021, at a CAGR of 16.60 percent. The network forensics market is influenced by factors, including increased need to secure networks from advanced attacks, including ransomware, Distributed Denial of Service, and Advanced Persistent Threats ; rised sophistication in attacking/hacking techniques; and need of government regulations and regulatory compliances. On the other hand, lack of skilled network forensics investigators may restrict the network forensics market increase.

Managed services segment is anticipated to grow at the highest compound annual growth rate (CAGR) during the estimate period

Institutions are continuously deploying managed services to support network security solutions for securing their networks and endpoints. Therefore, the managed services segment is anticipated to increase at the maximal CAGR during the outlook period. Nevertheless, the professional services segment is expected to have the biggest sector size in 2016.

Data center security segment is anticipated to rise at the maximal CAGR (Compound annual growth rate) during the estimate period

The data center security segment is forecasted to grow at the maximal compound annual growth rate (CAGR) during the outlook period, as the institutions have increased their spending on network security solution for data security. As well, network security is forecasted to have the biggest market share in 2016, as more and more firms are adopting network forensics solutions to secure their network resources.

Asia-Pac is intended to have the highest CAGR (Compound annual growth rate) during the estimate period

Asia Pacific (APAC) includes emerging economies, such as china (CN), Australia (AU), Singapore (SG), and India (IN), which are quickly deploying network forensics solutions. Asia-Pac is anticipated to grow at the highest compound annual growth rate (CAGR) during the outlook period. This is primarily due to the growing adoption of Internet of Things and Bring Your Own Device trends in several verticals, including Banking, Financial Services, and Insurance, government, IT & telecom, manufacturing, healthcare, and retail. Additionally, North America continent is forecasted to have the biggest industry size in 2016.

Comprehensive interviews were managed with Chief Executive Officers, marketing directors, innovative products & technology directors, and executives from numerous main institutions operating in the network forensics market.

- By Company Type: Tier 1: 55.0 percent, Tier 2: 20.0 percent, Tier 3: 25.0 percent

- By Designation: C-Level: 60.0 percent, Director Level: 25.0 percent, Others: 15.0 percent

- By area: North america (NA): 10.0 percent, Europe: 20.0 percent, APAC: 40.0 percent, RoW: 30.0 percent

The market research includes the study of top players offering network forensics solutions, including IBM (NYSE:IBM), Cisco (NASDAQ:CSCO), FireEye, Symantec (NASDAQ:SYMC), NETSCOUT Systems, EMC RSA, Viavi Solutions, LogRhythm, NIKSUN, and Savvius.

Segment Research

The industry report includes the network forensics solutions and associated services across several verticals and territories. It aims at evaluating the market value and upcoming growth potential of this market across several segments, including solutions, services, application areas, deployment modes, organization size, verticals, and localities. Moreover, the study also comprises a detailed competitive analysis of the top players in the sector together with their company descriptions, SWOT study, recent evolutions, and key industries strategies.

Main highlights

The analysis will facilitate the market top players/new sector entrants in this sector with data on the best approximations of the revenue data for the global network forensics market and the sub-segments. This industry report will facilitate partners distinguish the competitor overview and obtain additional insights to better option their businesses and to plan suitable go-to-market approaches. The market research also benefits partners comprehend the pulse of the sector and offers them with info on main market drivers, market restraints, opportunities, and alternatives.

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