Digital Evidence Management Market Growth Analysis | Forecast 2030

Global Market for Digital Evidence Management Market is Estimated to Reach a Market Value of USD 8.58 billion by 2024 registering a 13.19% CAGR During the Forecast Period 2019 - 2024.


Market Overview

Over the forecast period of 2021 to 2026, the Evidence Management Market is predicted to grow at a CAGR of 13.19%. Huge amounts of evidence data are no more being unearthed on spreadsheets; instead, they are being moved to a centralized repository with a maintenance chain of custody and the ability to establish evidence management alarms.

Digital Evidence Management Market  is data kept electronically useful for investigations and can be obtained primarily through computers, mobile devices, and the Internet. The automated process of collecting, securing, storing, and distributing evidence collected digitally from digital files, transactions, email messages, text messages, cell phone images and videos from the scene of the crime, CCTV footage, body-worn camera videos, automated number plate recognition systems, web browsing history, social media, audio recordings, and numerous other sources is known as the Digital Evidence Management Market. Because of the rise in crime in many countries, the use of Digital Evidence Management Market solutions has expanded in recent years.

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Market Segmentation

The market has been segmented by component into software, hardware, and services.

The market has been divided into hardware categories such as body-worn cameras, citywide video cameras, vehicle dash cameras, drone cameras, and others.

Evidence analytics, evidence collecting, evidence security, storage and sharing, and visualization have been used to segment the market by the software.

Digital investigation and consulting, system integration, maintenance and support, and education and training are the services that have been segmented in the industry.

The market has been divided into three categories based on deployment: on-premise, cloud, and hybrid.

The market has been divided into two categories based on the company's size: huge corporations and small businesses.

The market has been divided into four segments based on end-user: public sector, public safety justice, law enforcement, and insurance.

Regional Classification:

Due to the increased implementation of online evidence management solutions by law enforcement agencies in the United States, Canada, and Mexico.

Due to significant market participants such as Digital Detective and increased usage of Digital Evidence, Europe represents the second biggest market share.

Due to the growing number of government programs to secure and manage digital evidence, Asia-Pacific accounted for the third-largest market share and is predicted to increase at the fastest rate. The Middle East and Africa are likely to grow significantly, providing multiple investment opportunities for important industry players.

Industry News:

Law enforcement agencies use Body-worn cameras all over the globe to improve evidential outcomes, increase officer safety, plus improve interactions between officers and the public. In jurisdictions, the cameras have also proven to be an important tool for problem-solving, wider law enforcement, and community involvement techniques.

Car accidents are going to happen with millions of vehicles travelling every day. The use of vehicle dash cameras has increased dramatically in recent years due to an increase in the frequency of accidents and vehicle thefts, which has resulted in the government regulating the setup of dashcams.

If hackers access the device, the data collected may be compromised. One little piece of information that has gone missing or has been tampered with potentially poses a problem for law enforcement.

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Nevertheless, some of the biggest obstacles that the digital evidence management sector faces include a shortage of skilled professional staff and the intricacies related to cybercrimes.

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