An increase in the generation of digital information has encouraged law enforcement organizations to adopt technological solutions for its management. It has been suggested in a report published by Market Research Future (MRFR) that the global digital evidence management market is presumed to strike 13.19% CAGR across the forecast period 2018 to 2024. The market is estimated to value at over USD 8 Bn by 2024.
Increasing penetration of social media platforms, smartphones, laptops, etc. has led to the need for efficient technologies for protecting the evidence found in digital mode. In addition, the increasing crime rate being observed is also likely to propel expansion of the digital evidence management market in the upcoming years. However, lack of skilled personnel is anticipated to restrict market growth in the years to come.
On the basis of component, the global digital evidence management market has been segmented into software, hardware, and services.
Based on hardware, the segments of the digital evidence management market include body worn cameras, citywide video cameras, vehicle dash cameras, drone cameras, and others.
On the basis of software, the global digital evidence management market covers five segments, viz. evidence analytics, evidence collection, evidence security, storage and sharing, and visualization.
The digital evidence management market, on the basis of services, has been segmented into digital investigation and consulting, support and maintenance, system integration, and training and education.
The segments of the digital evidence management market, based on deployment, include cloud, on-premise, and hybrid.
On the basis of organization size, the global digital evidence management market has been bifurcated into large enterprises and SMEs.
The end-user segments of the digital evidence management market include law enforcement, public safety & justice, public sector, and insurance.
The geographical assessment of the global Digital Evidence Management Market has been conducted on regional as well as country-level basis. The major regional segments identified in this MRFR report are Europe, Asia Pacific (APAC), North America, and the Rest of the World (RoW). North America is presumed to lead the growth trajectory of the global market with a dominant share over the next few years. Increasing adoption of innovative technologies for the management of digital evidence by law enforcement is likely to propel market expansion in the nearby future. In addition, the consolidation of key players such as IBM Corporation, Motorola Inc., Oracle Corporation, etc. in the region is likely to catapult the regional digital evidence management market on upward trajectory. The regional segment is supposed to be led by the U.S. market on a country-level analysis.
Europe is also an abode of major leaders of the market, which is poised to secure its spot at the second position through the forecast period. The developed countries such as UK, France, Germany, etc. are likely to accelerate adoption of technological advancements which is likely to boost the growth pattern of the regional market over the next couple of years. Asia Pacific is expected to exhibit the fastest growth rate across the review period.
Panasonic Corporation, Oracle Corporation, IBM Corporation, Hitachi Ltd, NICE Systems Ltd, Vidizmo LLC, Motorola Inc., Micro Systemation AB, AccessData Group LLC, Digital Detective Group, QueTel Corporation, OpenText Corporation, Porter Lee Corporation, Foray Technologies, SoleraTec LLC, WatchGuard, and Coban Technologies Inc. are few of the key players of the digital evidence management market assessed in the share analysis included in this report. Investments in research & development are likely to increase for the development of new technologies. Key is set to focus on product innovation for staying ahead of the curve. Other growth strategies expected to be devised by these players in the nearby future are mergers & acquisitions, collaborations, partnerships, and agreements, among others.
LIST OF TABLES
Table1 Global Digital Evidence Management Market: By, Country, 2019–2024
Table2 North America: Digital Evidence Management Market, By, Country, 2019–2024
Table3 Europe Digital Evidence Management Market: By, Country, 2019–2024
Table4 Asia-Pacific Digital Evidence Management Market: By, Country, 2019–2024
Table5 Middle East & Africa Digital Evidence Management Market: By, Country, 2019–2024
LIST OF FIGURES
FIGURE 1 Global Digital Evidence Management Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Porter’s Five Forces Analysis Of Global Digital Evidence Management Market
FIGURE 4 Value Chain Of Global Digital Evidence Management Market
FIGURE 5 Share Of The Digital Evidence Management Market In 2019, By, Country (In %)
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members
Market Research Future
+1 646 845 9312
Email: [email protected]