Global Network Forensics Market 2017-2021
About Network Forensics
Network forensics refers to the retrieval and inspection of information about network traffic or network events. It comprises software, platform, hardware, and related services that enable enterprises to monitor, identify, and thwart unauthorized access or a malfunction that can disable or destroy a computer network. It aims to provide and maintain a secure platform that will help users perform critical tasks. Network forensic analysis has taken traditional protocol analysis to the next level with the latest packet capture functionality, storage, and analysis technology. Network forensic solutions identify and examine multi-terabyte volumes of traffic to ensure fast and effective problem identification and resolution.
Technavio’s analysts forecast the global network forensics market to grow at a CAGR of 15.14% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global network forensics market for 2017-2021. To calculate the market size, the report considers the revenue generated from network forensics hardware, software, and related services such as maintenance and repair, upgrades, and replacement.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Network Forensic Market 2017-2021
Technavio recognizes the following companies as the key players in the global network forensics market: Corero Network Security, IBM, LogRhythm, NETSCOUT, and RSA Security (Dell)
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.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Demand for managed security services. Organizations face immense pressure in day-to-day business operations related to information security and other functions such as resource unavailability, customer data theft, targeted malware, and shortage of IT-skilled employees. As a result, 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).”
According to the report, one of the major drivers for this market is Rising instances of cybercrime. Cybercrimes include hacking and DoS attacks, fraud, identity theft, harassment and threats, and phishing scams. 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. Such malware enables hackers to get access to confidential data on mobile devices, resulting in the loss of personal and financial data. Malware can infect a mobile device through the Internet and external devices such as media cards and USBs. 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.
Further, the report states that one of the major factors hindering the growth of this market is Complexity of network infrastructure. One of the major challenges faced by the vendors operating in the global network forensics market is the increased complexity of network infrastructure. The constant addition of new security products by vendors is resulting in integration issues and the slowdown of systems. This further results in customer dissatisfaction and may ultimately lead to customer attrition. Security products provided by vendors should integrate seamlessly not only with third-party solutions, but also with previous software and hardware versions. However, this may increase the complexity of security products and result in operation or interface issues at the end-user level. Therefore, the increased complexity of network infrastructure is becoming a major challenge for vendors in this market.
Corero Network Security, IBM, LogRhythm, NETSCOUT, and RSA Security (Dell), 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.