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Nov. 13, 2019, 12:47 a.m. EST

At 17.4% CAGR, Network Forensic Market Size Poised to Touch USD 3.12 billion by 2023

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Nov 13, 2019 (AmericaNewsHour) -- Global Network Forensic Market Research Report Information By Component (Solutions, Services), Deployment (Cloud, On-Premise), Application(Data Center Security, Endpoint Security, Network Security, Application Security,) and by Vertical -- Forecast till 2023

Market Scenario

The network forensic is a branch of digital forensics that analyze volatile and dynamic information captured on active networks from intrusion detection system that perform auditing and monitoring activities to protect the data network. The network forensic prevents the attackers from accessibility and gaining control of the machines and protects the private network By implementing intrusion detection system and firewall technology.

Download Sample of This Strategic Report:- https://www.kennethresearch.com/sample-request-10151472

In recent years, the enterprise network is becoming more complex due to the growing congestion of network traffic associated with the adoption of BYOD and connected devices that led to vulnerability of cyberattacks such as malware, ransomware, and distributed denial of Service (DDoS). These cyberattacks affect the business drastically by breaching confidential data that turn out as financial loss to the organizations. For instance, in October 2017, Deloitte, one of the providers of cyber security consulting services got influenced by cyberattack leading to the breach of company as well as client credentials that include usernames, passwords, personal details, and others. In this regard, the organization requires proactive solution that recognize threats and investigate cyberattacks to determine its scope and impact to re-secure the network. The adoption of network forensic by organization helps to monitor the network traffic with the use of real-time forensic tools and protect the network from the cyberattacks.

Digital transformation in commercial sectors and stringent regulatory policies against the cyberattack threats are some of the factors driving the growth of network forensic market. On the other hand, lack of awareness and skilled network forensic investigators are some of the limiting factors that hinder the growth of the network forensic market during the forecast period.

On July 2018 Tech Mahindra partnered with LIFARS, a cybersecurity digital forensics and incident response firm, to provide advanced managed threat detection and response services for combating the increasing number of cyber threats with the innovation and creation of new services in the areas of threat detection, mitigation, incident management and integrated cyber resilience.The global network forensic market is expected to reach approximately USD 3.12 billion by 2023 growing at 17.4% CAGR over the forecast period 2018--2023.

Download Sample of This Strategic Report:- https://www.kennethresearch.com/sample-request-10151472

Network Forensic Market Research Report - Global Forecast till 2023 -Report image 00

Key Players

Some of the key players of global network forensic market includes IBM Corporation (US),Cisco System Inc (US), FireEye Inc (US), Corero Network Security (US), LogRhythm (US), Dell Technologies (RSA Security LLC), Symantec Corporation (US), Viavi Solutions (US), Trustwave Holdings Inc (US), Packet Forensics LLC (US), and AT & T (Alien Vault Inc.) among others.

Segmentation

The global network forensic market is segmented into component, deployment, application, organization size and vertical.

By component the market is segmented into solution and service. The solution is further sub-segmented into intrusion detection system, security information and event management (SIEM), threat intelligence, packet capture analysis, log management, and firewall management. The service is further sub-segmented into professional services and managed services.

Based on deployment the market is segmented into cloud and on-premise.

By application, the market is segmented into data center security, endpoint security, network security, application security, email security, and cloud security.

Depending on the organization size, the market is segmented into large enterprise and small and medium enterprise.

Based on vertical, the market is segmented into automotive, banking and finance, education, energy & utilities, government, healthcare, retail, hospitality, manufacturing, and industrial.

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