September 14, 2024 at 09:06AM
CoherentMI’s report on the South Korea Digital Forensics Market reveals that it is estimated to reach US$3.52 billion by 2031, with a CAGR of 11.5%. The rising digitalization in various sectors has led to an increase in cybercrimes, driving demand for digital forensics services. Major trends include mobile device and cloud forensics. Key players in the market are focusing on developing innovative forensic solutions. For detailed analysis and insights, refer to the full report on CoherentMI’s website.
Key Takeaways from Meeting Notes:
– CoherentMI published a report on the South Korea Digital Forensics Market, with estimated market value projected to reach US$ 3.52 Billion by 2031, at a CAGR of 11.5% during the forecast period 2024-2031.
– The increasing digitalization across various industry verticals in South Korea has led to a rise in cybercrimes, driving the demand for professional digital forensics services to retrieve hidden electronic data from computers, mobiles, and other devices.
– The market is anticipated to witness significant growth due to the surge in reported cybercrimes, leading to an increased demand for digital forensics solutions, especially in areas such as computer forensics, network forensics, and mobile device forensics.
– Major market players include AhnLab, FireEye, IBM Corporation, Guidance Software, Inc., and OpenTextCorp, who are focusing on developing innovative forensic solutions to cater to the increasing demand in the market.
Opportunities Offered:
– Computer forensics is expected to continue dominating the market, with a focus on investigating computer-related crimes and analyzing digital evidence stored on computers.
– Network forensics is anticipated to witness substantial growth due to rising network intrusions and data breaches, providing insights into network security incidents and aiding in the identification of compromised accounts.
– The report offers detailed analysis on market segments, companies, prominent market trends, and the growth potential in different regions.
For more detailed analysis and information, interested parties can access the full report at: https://ift.tt/HxYlpdf