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(Wireless-NewsWire.Com, May 18, 2018 ) The global digital forensics market is estimated to grow at a CAGR of 10.9% during the forecast period 2018 – 2025 and accounts for US$ 6.95 Bn in the year 2025.
As new technologies evolve, lawbreakers find distinct methods to use these technologies to obligate crimes. With the explosion of web technologies almost all major businesses in the world have web presence thus exposing their data to legitimate and illegitimate users. Computers, mobile devices and clouds and IoT have become intrinsic part of our lives. Businesses have streamlined their operation saving millions of dollars because of the web technologies and services. Because of such intricate involvement of technology in all aspects of our lives, it also has become legal evidence in both civil and criminal cases. Digital evidences admitted in courts could be any file or fragment recovered from the storage devices such as email, browsing history, graphics, photographs, or application documents. These files may be undeleted or deleted.
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Europe comprises of highly developed economies and is affecting positively for the machine learning market, as businesses are open to adopting new emerging technologies. This enables them to spend more on the attainment of skilled labors and efficient business processes. Also, as purchasing power of individuals is quite high the competition to provide them with the best product is also very high, which forces the industries to implement effective intelligent strategies. The population growth of Europe is very slow as compared to the other regions in the world.
The region has higher death than birth rates, and registers lowest birth ratio in the world. This is due to lower-fertility rates as there are fewer women of child bearing age. Also, the labor available is expensive, which could be a big challenge for Europe in the future. Europe’s population is continuously decreasing for instance, it is anticipated that Italy will lose 28 percent of its population by 2050. This will result in decreasing working age population in the region and further increase the demand for labor outsourcing.
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Digital Forensics Market Key Manufacturers:
1. AccessData
2. Paraben Corporation
3. OpenText Corp (Guidance Software)
4. Binary Intelligence LLC
5. Nuix
6. MSAB
7. LogRhythm Inc.
8. FireEye Inc.
9. Magnet Forensics
10. Global Digital Forensics Inc.
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Source: EmailWire.Com 
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