Incident Forensics Market Outlook 2018: Enhancing Opportunities, Scope of Deployments, Addressing Major Applications & End-user Industry 2023
OrbisResearch.com has published new research report on “Global Incident Forensics Market – Segmented by Deployment (On-premise and On-cloud), End-user Industry (BFSI, IT & Telecom, Healthcare, Manufacturing) – Growth, Trends, and Forecast (2018 – 2023)” to its database.
Dallas, United States – May 22, 2018 /MarketersMedia/ —
The incident forensics market is projected to register a CAGR of 17.5% during the forecast period (2018 – 2023). The scope of the report includes different end-user industries, such as BFSI, IT & Telecom, healthcare, manufacturing, etc. The regions considered in the scope of the report include North America, Europe, etc.
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Increasing Adoption of Threat Intelligence Solutions among SMEs
There is an increasing demand for incident forensics, mainly in small and medium enterprises (SMEs), due to increasing incidences of cyber-attacks on these enterprises, as well as to install threat intelligence solutions. SMEs, though small in their size, cater to a large number of consumers, globally. Weak cybersecurity and financial constraints make the organization more prone to attacks, such as ransom ware, zero-day attacks, etc., as there are no dedicated security solutions, thus, posing a challenge to save their networks, data, and systems. Thus, incident forensics are implemented mostly by SMEs as it saves time and lowers costs, helping organizations in protecting their digital assets, which attackers try to gain through compromise.
IT Sector to Augment the Growth
IT service providers rely on various databases to provide solutions, thus, attack on these organizations can be serious for businesses. In the recent years, this sector has encouraged the trend of work-from-home, enterprise mobility, and BYOD (bring-your-own-device), which makes it prone to cyber-attacks. Since there is a lack of testing solutions for BYOD and other mobile devices, they are more prone toward external networks, thus, increasing the need for incident forensics services. Companies, such as IBM, have designed a software, named IBM Security QRadar Incident Forensics, to give enterprise IT security team better visibility into security incident-related network activities.
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North America to Have the Largest Share
North America is accounted to have the largest market share and is expected to grow at a substantial rate during the forecast period, mainly due to ongoing technological advancements in the region and the need to save organizations from cybercrimes. Asia-Pacific includes emerging economies, such as India, China, Australia, and Japan, which are rapidly deploying threat intelligence solutions, and thus, the region is expected to witness the highest CAGR during the forecast period. Both SMEs and large-scale organizations in this region have become more aware of the increasing cyber-attacks and have started adopting incident forensics solution to combat them.
Key Developments in the Market
January 2018 – Cyber X had launched ICS threat monitoring app for QRadar, which encourages IBM security intelligence technology to permit a unified approach to IT and Operational Technology (OT) security in the corporate system on a chip (SOC).
Major Players: IBM CORPORATION, DELL TECHNOLOGIES, INC., MCAFEE LLC, TRENDMICRO INCORPORATED, SYMANTEC CORPORATION, and JUNIPER NETWORKS, INC., amongst others.
Reasons to Purchase the Report
Analyzing the advancements in the incident forensics market.
Analyzing various perspectives of the market with the help of Porter’s five forces analysis
Identifying the type of service and end user that are expected to dominate the market
Identifying the regions that are expected to witness the fastest growth during the forecast period
Identify the latest developments, market shares, and strategies employed by the major market players
3-month analyst support, along with the Market Estimate sheet (in Excel)
Customization of the Report
This report can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
Companies Mentioned:
IBM Corporation, Dell Technologies, Inc., McAfee LLC, Trend Micro Incorporated, Symantec Corporation, Juniper Networks, Inc., Optiv Security, Inc., F-Secure Inc., Cyber X, Inc., AlienVault, Inc., Check Point SoftwareTechnologies Ltd, Splunk, Inc.
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