What Has Been the Growth of the Digital Evidence Management Market So Far?
The digital evidence management market has seen considerable growth due to a variety of factors.
• The market for digital evidence management has seen swift expansion in the past few years, climbing from $8.41 billion in 2024 to $9.43 billion in 2025, which indicates a compound annual growth rate (CAGR) of 12.2%.
Factors contributing to growth during this historical period include escalating rates of cybercrime, regulatory compliance demands, a surging awareness, the international reach of crime, and integration with other systems.
What Is the Forecasted Market Size and Growth Rate for The Digital Evidence Management Market Size In The Coming Years?
The digital evidence management market is expected to maintain its strong growth trajectory in upcoming years.
• The size of the digital evidence management market is predicted to undergo a swift expansion in the coming years. It is on track to reach $14.81 billion in 2029, with a compound annual growth rate (CAGR) of 11.9%.
The upsurge during the forecast period can be ascribed to its broader use in unconventional sectors, rising worries about cybersecurity, integration across various platforms, improved data privacy rules, and the shift towards cloud-based solutions. Notable trends anticipated during this period comprise increased global collaboration, speedy tech innovations, broadening digitalization, progression in technology, and the utilization of blockchain.
What Factors Are Driving Growth In The Digital Evidence Management Market?
Anticipated growth in the digital evidence management market is likely to be triggered by an increase in cybercrime and fraud. Cybercrime and fraud are considered illicit activities carried out online or through digital mediums, often used to swindle individuals or organizations for financial benefits or other nefarious reasons. The comprehension of the digital world, coupled with an insufficiency of substantial information about online fraud, is a big reason why individuals and organizations are victims of cyber-attacks. Digital evidence management plays a significant role in tackling cybercrime and fraud by supporting organizations and regulatory bodies in gathering, scrutinizing, and exhibiting digital evidence to catch the criminals, pursue legal action against them, and avert any future attacks. For instance, in February 2023, the Federal Trade Commission, a US government agency, published reports stating that consumers had seen a sharp increase in fraud losses, reaching nearly $8.8 billion in 2022, a stark 30% increase compared to the previous year. Besides, in February 2023, the Australian Cyber Security Centre, an Australian cyber security agency, reported that in 2022 they received approximately 76,000 cybercrime reports, a 13% increase from the previous year. Hence, the surge in cybercrime and fraud incidents are fueling the growth of the digital evidence management market.
What Are The Main Segments Of The Global Digital Evidence Management Market?
The digital evidence management market covered in this report is segmented –
1) By Component: Hardware, Software, Services
2) By Deployment Mode: On-Premise, Cloud
3) By Organization Size: Small And Medium-Sized Enterprises (SMEs), Large Enterprises
4) By End User: Public Sector, Law Enforcement, Public Safety And Justice, Insurance
Subsegments:
1) By Hardware: Digital Evidence Collection Devices, Storage Devices, Forensic Workstations, Data Recovery Tools
2) By Software: Evidence Management Software, Forensic Analysis Software, Data Encryption Software, Digital Evidence Tracking Software
3) By Services: Consulting Services, Training And Support Services, Integration Services, Managed Services
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What Emerging Trends Are Influencing The Growth Of The Digital Evidence Management Market?
Leading enterprises in the digital evidence management market are focusing on cutting-edge software, such as enhanced OCR solutions, to offer manufacturers and storage operators a swift, precise, and dependable instrument for automation and quality assessments using deep learning technology. Such an improved OCR solution is a complex technology that transforms printed or handwritten text from images and papers into data that machines can read, employing artificial intelligence and machine learning for better precision and productivity. For instance, Zebra Technologies Corporation, a company from the US specializing in mobile computing, introduced Deep Learning Optical Character Recognition (DL-OCR) in October 2022. This provides quick, precise, and reliable ready-to-use deep learning solutions for compliance, quality, and presence inspections that assist manufacturers and storage operators. The DL-OCR features a ready-to-use neural network, pre-trained using thousands of various image samples, and offers consistent results, which were previously unapproachable with conventional OCR methods.
Who Are the Key Players In The Digital Evidence Management Market?
Major companies operating in the digital evidence management market are:
• International Business Machine Corporation
• OpenText Corporation
• NICE Systems Ltd.
• Tableau Software LLC
• Solera Holdings Inc.
• Verint Systems Inc.
• Cellebrite DI Ltd.
• Tritech Software Systems
• Nuix Ltd.
• CaseWare International Inc.
• Magnet Forensics Inc.
• Belkasoft
• Micro Systemation AB
• DriveSavers Inc.
• Digital Intelligence Inc.
• F3EA Inc.
• Griffeye AB
• Amped Software Co.
• Digital Detective Group Ltd.
• Atola Technology Inc.
• Paraben Corporation
• Oxygen Forensics Inc.
• BlackBag Technologies Inc.
• Advanced Digital Forensic Solutions Inc.
• Binary Intelligence
What Is The Most Dominant Region In The Digital Evidence Management Market?
North America was the largest region in the digital evidence management market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the digital evidence management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
