Global Digital Evidence Management Market Report (2022 to 2027) – Featuring Panasonic, Motorola Solutions, and Oracle, among others – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The report “Digital Evidence Management Market – Forecast 2022 to 2027” has been added to from ResearchAndMarkets.com offer.

The digital evidence management market is expected to grow at a CAGR of 14.51% over the forecast period to reach US$11.368 billion by 2027, from US$4.402 billion in 2020.

Technology has advanced dramatically over the past few decades, changing the day-to-day operations of organizations around the world. One area, in particular, that has garnered interest in the digital age is the forensic and criminal investigations division. The approach to digital evidence, such as CCTV footage, audio recordings, etc., has been revolutionary when it comes to promoting investigations and solving crimes.

While digital evidence is a surprisingly effective tool for law enforcement and public agencies, its use is no longer limited to these cases. In the transport sector, there is the use of on-board cameras; in the delivery and service industries, on-board and body-worn cameras are increasingly being used to record movements and interactions, and retailers and commercial businesses are adopting video and audio to record interviews.

Organizations around the world collect exponential amounts of digital evidence every day and need systems to store, assess, and manage that evidence. Digital Evidence Management (DEM) systems are software solutions that enable organizations to ingest, preserve, protect, manage, discover, and utilize all of their digital evidence from a centralized interface.

Rising occurrences of cyber crimes across the globe, government advancement towards integration of digital technologies for evidence accumulation and constant development of technology are some of the major factors believed to drive the growth of the global market.

The significant factors that are expected to drive the growth of the digital evidence management market are increasing rate of digital crimes, growing government initiatives and emerging technologies. For example, in India and many other countries, governments are considering providing police personnel with wearable cameras and dash cams to ensure stricter enforcement of safety regulations.

Additionally, increasing investments in technology development are also expected to be one of the most important and influential factors driving the growth of the market. The high diffusion of the Internet, the growing adoption of cloud computing across several industry verticals for data sharing and other applications, and changing regulatory scenarios associated with cybercrimes are among other factors believed to drive the growth of the global digital evidence management market.

Increasing government investment in expanding IT infrastructure in collaboration with influential players is believed to generate new revenue opportunities for companies active in the evidence management market. For example, in the United States, the Department of Justice announced this year that the Bureau of Justice Assistance (BJA) would provide funding for the purchase of body-worn cameras to small rural law enforcement agencies and tribal.

Furthermore, an imperative approach of dominant companies towards business expansion is expected to promote existing opportunities and encourage market growth. For example, 80% of forces in the UK use FotoWare’s DEM solutions. However, the shortage of qualified professionals and the ambiguity of lawyers on the sharing of digital evidence may act as restraints in the global digital evidence management market.

Key market segments

Per deployment

By component

  • Material

  • Body worn camera

  • Vehicle Dash Camera

  • City wide camera

  • Transit Video

  • Software

  • Services (Advice, Training and Assistance)

By geography

  • North America

  • UNITED STATES

  • Canada

  • Mexico

  • South America

  • Brazil

  • Argentina

  • Others

  • Europe

  • Germany

  • France

  • UK

  • Spain

  • Others

  • Middle East and Africa

  • Saudi Arabia

  • United Arab Emirates

  • Israel

  • Others

  • Asia Pacific

  • China

  • Japan

  • Thailand

  • Indonesia

  • South Korea

  • India

  • Taiwan

  • Others

Companies cited

  • NICE S.A.

  • QueTel Corporation

  • Hitachi Vantara Corporation

  • Panasonic Company

  • Motorola Solutions Inc.

  • Oracle Corporation

  • CaseGuard

  • COBAN Technologies Inc.

  • Porter Lee Company

  • IBM Corporation

For more information about this report visit https://www.researchandmarkets.com/r/dnftk1

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