Global Forensic Technologies and Services Strategic Market Report 2022-2023 & 2030: Smartphone Forensics Garners Momentum as Forensics as a Service (FaaS) to Witness Robust Growth


Dublin, Feb. 17, 2023 (GLOBE NEWSWIRE) -- The "Forensic Technologies and Services: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Global Forensic Technologies and Services Market to Reach $61.6 Billion by 2030

The global market for Forensic Technologies and Services estimated at US$24.3 Billion in the year 2022, is projected to reach a revised size of US$61.6 Billion by 2030, growing at a CAGR of 12.3% over the analysis period 2022-2030.

Capillary Electrophoresis, one of the segments analyzed in the report, is projected to record a 12.6% CAGR and reach US$25.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Polymerase Chain Reaction (PCR) segment is readjusted to a revised 11.7% CAGR for the next 8-year period.

The U.S. Market is Estimated at $7.1 Billion, While China is Forecast to Grow at 11.4% CAGR

The Forensic Technologies and Services market in the U.S. is estimated at US$7.1 Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$10.4 Billion by the year 2030 trailing a CAGR of 11.4% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11.2% and 10.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 8.7% CAGR.

Key Metrics

Report AttributeDetails
No. of Pages268
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$24.3 Billion
Forecasted Market Value (USD) by 2030$61.6 Billion
Compound Annual Growth Rate12.3%
Regions CoveredGlobal

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Key Topics Covered:

MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • A Primer
  • Recent Market Activity
  • Ever Present Threat of Crime Boosts the "Need" Factor
  • DNA Analysis: The Ultimate Weapon in the Battle against Crime
  • Government Intervention to Help Perk-Up Demand
  • Expanding Criminal DNA Database Extends a Fillip to DNA Analysis
  • DNA Analysis Aids in Post-Conviction Testing
  • Privacy Issues Plague DNA Forensics
  • Rising DNA Sample Analysis Backlogs Saddle Crime Labs
  • Federal Funds to Ease the Backlog Burden
  • Testing Quality in Laboratories Raises Eyebrows
  • Rise in Gun Violence Raises the Demand for Forensic Ballistics
  • Rise in Cyber Crimes Brings to Fore the Emergence of Computer Forensics
  • Digital Forensics Continue to Gain Acceptance in the Corporate Sector
  • Forensic Technologies and Services - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession

MARKET TRENDS & DRIVERS

  • Challenges Continue to Bedevil Digital Forensics
  • Smartphone Forensics Garners Momentum
  • Law Enforcement Slow in Adoption of Mobile Forensics
  • Cloud Forensics Grow in Popularity
  • Forensics as a Service (FaaS) to Witness Robust Growth
  • Constant Threat of Terrorist Bombings Sharpens the Focus On Explosives Forensics...
  • All Eyes on Forensic Consulting Services
  • The Era of Slow Growth Invites Financial Fraud & Strengthens the Business Case for Forensic Accounting Services
  • Demand Swells for Miniaturized, Hand-Held Forensics Devices
  • Miniaturization of DNA based Diagnostics: Still an Uphill Task
  • Innovations in Forensic Technologies: Key to Growth
  • Targeted Collection - The Next Generation Forensic Tool
  • Image Enhancement Technology: A Shot in the Arm for Criminal Investigation
  • Fingerprint Detection on Metals Now a Possibility
  • Universities Emerge As Forensic R&D Hubs
  • Structure of Forensic Labs in the United States
  • Operational Structure
  • Spotlight on Accreditation
  • Challenges Confronted by Forensic Labs
  • Practice of Forensic Science Attracts Widespread Criticism
  • Insufficient Funding Hampers Operations of Crime Labs
  • A Review of Select Technologies Applied in Forensic Investigation
  • High-Speed Cameras for Ballistics Photography
  • Panoramic 3D Cameras
  • Alternative Light Photography
  • Laser Ablation Inductively Coupled Plasma Mass Spectrometry (LA-ICP-MS)
  • Video Spectral Comparator
  • 3D Forensic Facial Reconstruction
  • DNA Sequencer
  • Forensic Carbon-14 Dating
  • XFT Device - Digital Surveillance for Xbox
  • Link Analysis Software for Forensic Accountants
  • Magnetic Fingerprinting & Automated Fingerprint Identification System (AIFS)
  • Notable Recent R&D Initiatives
  • Human Microbiome
  • Innovative Spectroscopy Technique Promises Effective Cloth Fiber Identification
  • Use of Raman Spectroscopy for Effective Evidence Processing
  • Nanoparticles: Treasure Trove of Forensic Information
  • New Technique for Human Hair Identification Promises Faster Processing
  • Sequence Specific Label Free Cost Effective DNA Sensors Promise to Lower Costs of DNA Analysis
  • Innovative New Device Drastically Speeds Up Human DNA Extraction
  • Fluorescent Fingerprint Tag to Enhance Latent Print Collection & Identification

FOCUS ON SELECT PLAYERS (Total 32 Featured)

  • Agilent Technologies (USA)
  • BAE Systems Plc (United Kingdom)
  • Capsicum Group, LLC (USA)
  • Cellmark Forensics (USA)
  • Computer Forensics, Inc. (Canada)
  • Creative Forensic Services (USA)
  • Cyber Agents, Inc. (USA)
  • Data Recovery Services (USA)
  • Forensics Consulting Solutions, LLC (USA)
  • Forensic Pathways Ltd. (UK)
  • Foster + Freeman Ltd. (United Kingdom)
  • Global Digital Forensics, Inc. (USA)
  • Horiba, Ltd. (Japan)
  • KrollOntrack (UK)
  • Leica Geosystems AG (Switzerland)
  • MicroForensics, Inc. (USA)
  • MorphoTrust USA, Inc. (USA)
  • Neogen Corporation (USA)
  • PAPILLON ZAO (Russia)
  • Pyramidal Technologies Ltd. (Barbados)
  • Thermo Fisher Scientific, Inc. (USA)
  • Tri-Tech Forensics, Inc. (USA)

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Global Market for Forensic Technologies and Services

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