According to a new report, published by KBV research, The Global Network Forensics Market size is expected to reach $6.92 billion by 2031, rising at a market growth of 16.7% CAGR during the forecast period.
The Cloud segment is anticipating a CAGR of 17.3% during (2024 - 2031). The rapid adoption of cloud computing across enterprises, driven by scalability, cost efficiency, and operational flexibility, has significantly increased the demand for cloud-based network forensic solutions. As businesses migrate critical workloads to cloud environments, ensuring data security and real-time threat detection has become a top priority. Cloud-based forensic solutions enable organizations to monitor network traffic, analyze security incidents, and respond to cyber threats effectively without requiring extensive on-premises infrastructure.
The Solution segment is leading the Global Network Forensics Market by Component in 2023; thereby, achieving a market value of $4.13 billion by 2031. The increasing sophistication of cyber threats, including advanced persistent threats (APTs), ransomware, and zero-day attacks, has driven enterprises to adopt comprehensive network forensic solutions. These solutions enable organizations to capture, analyze, and investigate network traffic in real-time, ensuring proactive threat detection and response. The growing demand for AI-powered forensic tools, intrusion detection systems (IDS), and security information and event management (SIEM) solutions has further fuelled market growth.
The Data Center Security segment is anticipating a CAGR of 17.4% during (2024 - 2031). As organizations increasingly migrate to cloud-based infrastructures and deploy large-scale data centers, securing these critical assets against cyber threats has become essential. Data centers store vast amounts of sensitive business and customer information, making them prime targets for cyberattacks such as distributed denial-of-service (DDoS) attacks, insider threats, and data exfiltration. Network forensics solutions ensure data center security by monitoring network traffic, detecting anomalies, and identifying potential security breaches before they escalate.
The Large Enterprises segment is generating the maximum revenue in the Global Network Forensics Market by Organization Size in 2023; thereby, achieving a market value of $4.5 billion by 2031. Large enterprises operating across industries such as BFSI, healthcare, IT & telecom, and government prioritize robust cybersecurity strategies to mitigate risks associated with complex network infrastructures and high volumes of sensitive data. The rising frequency of sophisticated cyber threats, including data breaches, insider threats, and ransomware attacks, has propelled large organizations to invest heavily in network forensics solutions for proactive threat detection and response.
The IT & Telecom segment is anticipating a CAGR of 15.8% during (2024 - 2031). The rapid digital transformation, expansion of cloud services, and increasing cyberattacks on telecom networks have significantly contributed to the demand for forensic solutions. With the growing adoption of 5G technology, the telecom sector faces heightened security concerns due to the proliferation of connected devices and the complexity of modern network infrastructures. Network forensics is crucial in detecting, analyzing, and mitigating cyber threats in real-time, ensuring data integrity and service continuity.
Full Report: https://www.kbvresearch.com/network-forensics-market/
The North America region dominated the Global Network Forensics Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $2,331.2 million by 2031. The Europe region is experiencing a CAGR of 16.5% during (2024 - 2031). Additionally, The Asia Pacific region would exhibit a CAGR of 17.6% during (2024 - 2031).
By Deployment
By Component
By Application
By Organization Size
By End Use