Global Forensic Technologies and Services Market Report 2023: Market to Reach $61.6 Billion by 2030 - Ever Present Threat of Crime Boosts the 'Need' Factor

DUBLIN, Feb. 17, 2023 /PRNewswire/ -- The "Forensic Technologies and Services: Global Strategic Business Report" report has been added to  ResearchAndMarkets.com's offering.

Global Forensic Technologies and Services Market to Reach $61.6 Billion by 2030

The global market for Forensic Technologies and Services estimated at US$24.3 Billion in the year 2022, is projected to reach a revised size of US$61.6 Billion by 2030, growing at a CAGR of 12.3% over the analysis period 2022-2030.

Capillary Electrophoresis, one of the segments analyzed in the report, is projected to record a 12.6% CAGR and reach US$25.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Polymerase Chain Reaction (PCR) segment is readjusted to a revised 11.7% CAGR for the next 8-year period.

The U.S. Market is Estimated at $7.1 Billion, While China is Forecast to Grow at 11.4% CAGR

The Forensic Technologies and Services market in the U.S. is estimated at US$7.1 Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$10.4 Billion by the year 2030 trailing a CAGR of 11.4% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11.2% and 10.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 8.7% CAGR.

What`s New for 2023?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year

Key Topics Covered:

MARKET OVERVIEW

• Influencer Market Insights
• World Market Trajectories
• A Primer
• Recent Market Activity
• Ever Present Threat of Crime Boosts the "Need" Factor
• DNA Analysis: The Ultimate Weapon in the Battle against Crime
• Government Intervention to Help Perk-Up Demand
• Expanding Criminal DNA Database Extends a Fillip to DNA Analysis
• DNA Analysis Aids in Post-Conviction Testing
• Privacy Issues Plague DNA Forensics
• Rising DNA Sample Analysis Backlogs Saddle Crime Labs
• Federal Funds to Ease the Backlog Burden
• Testing Quality in Laboratories Raises Eyebrows
• Rise in Gun Violence Raises the Demand for Forensic Ballistics
• Rise in Cyber Crimes Brings to Fore the Emergence of Computer Forensics
• Digital Forensics Continue to Gain Acceptance in the Corporate Sector
• Forensic Technologies and Services - Global Key Competitors Percentage Market Share in 2022 (E)
• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
• Impact of Covid-19 and a Looming Global Recession

MARKET TRENDS & DRIVERS

• Challenges Continue to Bedevil Digital Forensics
• Smartphone Forensics Garners Momentum
• Law Enforcement Slow in Adoption of Mobile Forensics
• Cloud Forensics Grow in Popularity
• Forensics as a Service (FaaS) to Witness Robust Growth
• Constant Threat of Terrorist Bombings Sharpens the Focus On Explosives Forensics...
• All Eyes on Forensic Consulting Services
• The Era of Slow Growth Invites Financial Fraud & Strengthens the Business Case for Forensic Accounting Services
• Demand Swells for Miniaturized, Hand-Held Forensics Devices
• Miniaturization of DNA based Diagnostics: Still an Uphill Task
• Innovations in Forensic Technologies: Key to Growth
• Targeted Collection - The Next Generation Forensic Tool
• Image Enhancement Technology: A Shot in the Arm for Criminal Investigation
• Fingerprint Detection on Metals Now a Possibility
• Universities Emerge As Forensic R&D Hubs
• Structure of Forensic Labs in the United States
• Operational Structure
• Spotlight on Accreditation
• Challenges Confronted by Forensic Labs
• Practice of Forensic Science Attracts Widespread Criticism
• Insufficient Funding Hampers Operations of Crime Labs
• A Review of Select Technologies Applied in Forensic Investigation
• High-Speed Cameras for Ballistics Photography
• Panoramic 3D Cameras
• Alternative Light Photography
• Laser Ablation Inductively Coupled Plasma Mass Spectrometry (LA-ICP-MS)
• Video Spectral Comparator
• 3D Forensic Facial Reconstruction
• DNA Sequencer
• Forensic Carbon-14 Dating
• XFT Device - Digital Surveillance for Xbox
• Link Analysis Software for Forensic Accountants
• Magnetic Fingerprinting & Automated Fingerprint Identification System (AIFS)
• Notable Recent R&D Initiatives
• Human Microbiome
• Innovative Spectroscopy Technique Promises Effective Cloth Fiber Identification
• Use of Raman Spectroscopy for Effective Evidence Processing
• Nanoparticles: Treasure Trove of Forensic Information
• New Technique for Human Hair Identification Promises Faster Processing
• Sequence Specific Label Free Cost Effective DNA Sensors Promise to Lower Costs of DNA Analysis
• Innovative New Device Drastically Speeds Up Human DNA Extraction
• Fluorescent Fingerprint Tag to Enhance Latent Print Collection & Identification

FOCUS ON SELECT PLAYERS (Total 32 Featured)

• Agilent Technologies (USA)
• BAE Systems Plc (United Kingdom)
• Capsicum Group, LLC (USA)
• Cellmark Forensics (USA)
• Computer Forensics, Inc. (Canada)
• Creative Forensic Services (USA)
• Cyber Agents, Inc. (USA)
• Data Recovery Services (USA)
• Forensics Consulting Solutions, LLC (USA)
• Forensic Pathways Ltd. (UK)
• Foster + Freeman Ltd. (United Kingdom)
• Global Digital Forensics, Inc. (USA)
• Horiba, Ltd. (Japan)
• KrollOntrack (UK)
• Leica Geosystems AG (Switzerland)
• MicroForensics, Inc. (USA)
• MorphoTrust USA, Inc. (USA)
• Neogen Corporation (USA)
• PAPILLON ZAO (Russia)
• Pyramidal Technologies Ltd. (Barbados)
• Thermo Fisher Scientific, Inc. (USA)
• Tri-Tech Forensics, Inc. (USA)

For more information about this report visit https://www.researchandmarkets.com/r/68shbr

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