Published Date: 31-Mar-23
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According to a new report, published by KBV research, The Global Digital Evidence Management Market size is expected to reach $13.2 billion by 2028, rising at a market growth of 11.4% CAGR during the forecast period.
The Services segment is showcasing a CAGR of 12.1% during (2022 - 2028). Digital evidence management service providers offer a variety of services, including system integration, digital investigation & consulting, support & maintenance, and also training & education. These services allow investigators to conduct a systematic inquiry by working with the software, giving knowledge to track the root of a problem, and improving the evidence gathering procedure. Several service providers employ digital evidence specialists for the identification and analysis of digital evidence.
The Cloud segment acquired maximum revenue share in the Global Digital Evidence Management Market by Deployment Type in 2021 thereby, achieving a market value of $8.7 billion by 2028. Cloud-based digital evidence management systems are given over the internet at no cost for installation or configuration. These systems are user-friendly and may be used from anywhere with an internet connection. In addition, cloud-based solutions are highly flexible, as they can be scaled up or down in response to a business's fluctuating needs.
The Criminal Justice Agencies segment has shown the growth rate of 12.8% during (2022 - 2028). The software keeps track of every interaction with the evidence, guaranteeing a secure chain of custody and creating an auditable access log. Personnel can conduct rapid and simple file searches due to the comprehensive databases of digital evidence management. As a result, agencies reduce storage space and time requirements. Digital evidence management solutions can collect evidence and identify trends. The creation and distribution of reports are now even more automated.
The North America market dominated the Global Digital Evidence Management Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $5.1 billion by 2028. The Europe market is exhibiting a CAGR of 10.7% during (2022 - 2028). Additionally, The Asia Pacific market would display a CAGR of 12.5% during (2022 - 2028).
Full Report: https://www.kbvresearch.com/digital-evidence-management-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Panasonic Holdings Corporation, Motorola Solutions, Inc., NICE Ltd., OpenText Corporation, Axon Enterprise, Inc., Genetec, Inc., IBM Corporation, VIDIZMO LLC, Safe Fleet Acquisition Corp., and Cellebrite DI Ltd.
By Deployment Type
By End User
Unique Offerings from KBV Research
North America Digital Evidence Management Market size & Opportunities 2022-2028
Europe Digital Evidence Management Market & Growth Forecast 2022-2028
Asia Pacific Digital Evidence Management Market Share & Industry Outlook to 2028
LAMEA Digital Evidence Management Market Growth, Trends & Forecasts 2022-2028