Digital Evidence Management Systems Market Research Report By Component (Hardware (Body Worn Cameras, Vehicle Dash-Cameras, Citywide Video Cameras and Drone Cameras), Software (Evidence Collection, Storage, Sharing, Evidence Security, Evidence Analytics and Visualization), Services (Digital Investigation & Consulting, System Integration, Support, Maintenance, Training and Education), By Deployment (Cloud, On-Premise and Hybrid), Organization Size (Large Enterprises and SMEs), End User (Public Sector, Law Enforcement, Public Safety, Justice and Insurance), Region (North America, Europe, Asia-Pacific and the Rest of the World) - Forecast till 2027
Industry News
The big digital transition and the growing tide of eCommerce have put more pressure on businesses to check their clients and defend against account takeovers. To that end, Equifax said late last week it had signed an agreement for $640 million to buy fraud detection and digital ID company Kount. As announced, the deal would allow Equifax to improve its global footprint, including through the Kount Identity Trust Global Network, in digital ID and fraud prevention. The network, in collaboration with Equifax, would make use of advanced data link technologies.
Market Highlights
The Digital Evidence Management Systems Market is anticipated to grow by US$8.58 billion by 2024 rapidly growing at a CAGR of 13.19% during the forecast period 2019 - 2024. The global Digital Evidence Management Systems Market is driven by rising adoption of digital technology by government and law enforcement agencies. These factors have helped shape the Digital Evidence Management Systems Market and are expected to boost the growth. Companies in the digital evidence management market could also face challenges such as complexities associated with cyber crimes and lack of skilled professional staff. The details covered in the digital evidence management market report cover all the aspects of the industry. Analysts studying the digital evidence management market have also shared growth projections in the report and have suggested digital evidence management market players to plan business strategies accordingly.
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Segmentation:
The global Digital Evidence Management Systems Market has been segmented based on component, deployment, organization size, and end-users. On the basis of components, the market for digital evidence management is segmented based on hardware (body worn cameras, vehicle dash-cameras, citywide video cameras and drone cameras). Additionally, the market on the basis of organization size, is segmented into large enterprises and SMEs. The global market for digital evidence management is also covered based on the deployment segment which is further split into cloud, on-premise and hybrid. The market is segmented based on end-users into justice and insurance, law enforcement, public safety, public sector.
Factors like the increasing rate of cybercrimes and adoption of digital evidence management solutions support the Digital Evidence Management Systems Market growth. The performance of the Digital Evidence Management Systems Market has also been studied for the past and current years. Additionally, the digital evidence management market report provides analysis of these segments. The digital evidence management market segmental analysis provided in the report offers major details about the digital evidence management market based on the data and forecasts till 2024.
Regional Overview
Companies in the digital evidence management market are spread across the world. The digital evidence management market report provides major information about regional markets of North America, Europe, Asia-Pacific (APAC), and the rest of the world. The North American digital evidence management market has many companies across the United States, Canada, and Mexico. The digital evidence management market of the Middle East, Africa, and other regions has also been studied by analysts. The regional analysis of the digital evidence management market can be found in the market research report. Europe has companies in the digital evidence management market across Germany, France, Spain, Italy, and the United Kingdom. A detailed analysis of the digital evidence management market across India, China, and Japan in the Asia-Pacific region is also presented in the report.
Competitive Landscape
The digital evidence management market is supported by government initiatives and programs to strictly enforce national security. The population growth around the world and increasing demand of digital evidence management market based services and products also support the market growth. However, the digital evidence management market growth can be affected due to cyber crime related complexities. The report covers all such details which will help companies in the digital evidence management market to strengthen their business plan and improve their product portfolio. The digital evidence management market research report also provides company profiles of major companies. The company profiles of many organizations operating in the digital evidence management market report highlights crucial details like company size, revenue growth, and details of mergers and acquisitions taking place in the digital evidence management market. New companies and established businesses can plan their strategies based on this data provided in the digital evidence management market research report.
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