Global Network Forensics Market to grow at a CAGR of 15.14% during the period 2017 - 2021; Finds New Report

Report forecast the global network forensics market to grow at a CAGR of 15.14% during the period 2017-2021.

Network forensics refers to the retrieval and inspection of information about network traffic or network events. It comprises software, platform, hardware, and related services that enable enterprises to monitor, identify, and thwart unauthorized access or a malfunction that can disable or destroy a computer network. It aims to provide and maintain a secure platform that will help users perform critical tasks. Network forensic analysis has taken traditional protocol analysis to the next level with the latest packet capture functionality, storage, and analysis technology. Network forensic solutions identify and examine multi-terabyte volumes of traffic to ensure fast and effective problem identification and resolution.

The report covers the present scenario and the growth prospects of the global network forensics market for 2017-2021. To calculate the market size, the report considers the revenue generated from network forensics hardware, software, and related services such as maintenance and repair, upgrades, and replacement.

The market is divided into the following segments based on geography:

• Americas
• APAC
• EMEA

According to the report, one of the major drivers for this market is Rising instances of cybercrime. Cybercrimes include hacking and DoS attacks, fraud, identity theft, harassment and threats, and phishing scams. The incidence of cyberattacks caused by malware such as viruses, trojans, adware, and worms has increased significantly over the last few years, which is a major concern for businesses. Such malware enables hackers to get access to confidential data on mobile devices, resulting in the loss of personal and financial data. Malware can infect a mobile device through the Internet and external devices such as media cards and USBs. DoS is one of the most common techniques used by hackers to gain access to confidential data. It allows hackers to send harmful data into a user's web server and network resources to increase traffic.

Further, the report states that one of the major factors hindering the growth of this market is Complexity of network infrastructure. One of the major challenges faced by the vendors operating in the global network forensics market is the increased complexity of network infrastructure. The constant addition of new security products by vendors is resulting in integration issues and the slowdown of systems. This further results in customer dissatisfaction and may ultimately lead to customer attrition. Security products provided by vendors should integrate seamlessly not only with third-party solutions, but also with previous software and hardware versions. However, this may increase the complexity of security products and result in operation or interface issues at the end-user level. Therefore, the increased complexity of network infrastructure is becoming a major challenge for vendors in this market.

Global Network Forensic Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global network forensics market: Corero Network Security, IBM, LogRhythm, NETSCOUT, and RSA Security (Dell)

Other Prominent Vendors in the market are: Blue Coat Systems (Symantec), Check Point Software Technologies, Cisco, DVV Solutions, Fortinet, Network Critical Solutions, NIKSUN, Packet Forensics, PacketSled, Prevoyance Cyber Forensic, SAVVIUS, Trustwave Holdings, and VIAVI Solutions.

Market driver

• Rising instances of cybercrime
• For a full, detailed list, view our report

Market challenge

• Complexity of network infrastructure
• For a full, detailed list, view our report

Market trend

• Demand for managed security services
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?

Spanning over 74 pages “Global Network Forensics Market 2017 - 2021” report covers Executive summary, Introduction, Scope of the report, Research Methodology, Market landscape, Economic overview, Market segmentation by component, Geographical segmentation, Buying criteria, Decision framework, Drivers and challenges, Market trends, Vendor landscape, Appendix.

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