Industry Analysis & Industry Trends
Digital forensic services companies have grown over the past decade as more information moves online. The growing number of mobile connections and households with at least one computer will continue to propel demand for digital forensics. The complexities of cloud computing and multiple operating systems will threaten profitability over the next five years, though to a lesser extent than the previous period.... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Digital Forensic Services industry is in the growth stage of its life cycle, indicated by its growth of industry value added (IVA). In the 10 years to 2018, IBISWorld estimates that the industry's IVA will increase at an annualized rate of 9.8%, while gross domestic product (GDP) is forecast to grow at a fraction of that, at 2.1% per year. In addition to the ratio of IVA to GDP, other reasons for growth include the need for digital forensic services on mobile devices and an increasing number of industry operators.
The demand for digital forensic services has grown as the amount of ESI rises. While much of the ESI is in the form of internet videos and chats, a significant chunk is also the result of business operations... purchase to read more