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Research analysis on the global network forensics market identifies that the rising instances of cybercrime will be one of the major factors that will have a positive impact on the growth of the market. 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. 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. The increase in the number of cyberattacks and the awareness among organizations about security threats, is inducing them to adopt network forensics solutions. Technavio’s market research analysts predict that this market will grow at a CAGR of more than 15% by 2021.
The rising demand for managed security services will be one of the latest trends that will gain traction in the network forensics market during the next four years. A growing number of them are preferring the use of managed security services to mitigate day-to-day challenges. The third-party companies that offer these services are referred to as managed security service providers (MSSPs). It offers simple security solutions such as security event monitoring, email encryption and archiving, and content security. Owing to such advantages, enterprises increasingly collaborate with MSSPs for consultations and also for managing technology tasks.
This market appears to be fragmented, owing to the presence of a considerable number of vendors. According to the network forensics market industry report, the market is competitive and the players in this market are mainly competing based on geographical presence, product portfolio, financial resources, and R&D.
The leading vendors in the market are -
The 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.
During 2016, the hardware segment accounted for the major shares of this market. The increasing demand for network forensic hardware platforms in the developing countries including India and China, will be the major factor fueling the growth of the market in this segment.
The network forensics market forecast estimates that in terms of geographic regions, the Americas will be the major revenue contributor to the market by 2021. The presence of large banks and payment card industry (PCI) companies and the increase in regulatory requirements, drive the adoption of network forensic solutions in the region. This in turn, will have a positive impact on the network forensics market size and share.
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PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Economic overview
PART 06: Market landscape
PART 07: Market segmentation by component
PART 08: Geographical segmentation
PART 09: Buying criteria
PART 10: Decision framework
PART 11: Drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
PART 14: M&A
PART 15: Appendix
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