HOME Research Insight New Product Developments to Achieve Growth in the Global Network Forensics Market.



New Product Developments to Achieve Growth in the Global Network Forensics Market.


Network forensics deals with the collection, preservation, analysis, and presentation of digital evidence in the networks to discover the source of security breaches. Network forensics is a sub-branch of digital forensics. Network forensics solutions are used to protect networks, endpoints, and devices from various malicious attacks, sophisticated cybercriminals, ransomware, and Advanced Persistent Threats (APTs). MarketsandMarkets forecasts that the network forensics market size is expected to grow from USD 1.25 Billion in 2016 to USD 2.69 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 16.6%. The sophistication level in the cyberattacks is increasing and creating demands for more comprehensive network security solutions that would enable the protection of complex network infrastructure.

The key players in the network forensics market include IBM Corporation (New York, U.S.), Cisco Systems (California, U.S.), FireEye (California, U.S.), Symantec Corporation (California, U.S.), NETSCOUT Systems (Massachusetts, U.S.), EMC RSA (Massachusetts, U.S.), Viavi Solutions (California, U.S.), LogRhythm (Colorado, U.S.), NIKSUN (New Jersey, U.S.), and Savvius (California, U.S.). These players have adopted various strategies, such as partnerships, agreements, and collaborations; acquisitions; and new product developments to achieve growth in the global network forensics market.

The network forensics market witnessed a lot of partnerships, agreements, and collaborations by key players from 2014 to 2016. In May 2016, FireEye teamed up with ForeScout Technologies, Inc. to jointly develop threat intelligence and network visibility solutions to secure the enterprise networks in a better way. In April 2014, LogRhythm partnered with ForeScout Technologies to deliver advanced capabilities of log management, host forensics, and network forensics with advanced analytics. In October 2015, Savvius partnered with Lancope to deliver deep network visibility into suspicious network activity.

The key players also adopted the strategy of acquisitions to increase and expand their product portfolio to untapped markets. In August 2016, Symantec acquired Blue Coat, Inc. to enhance its overall cybersecurity platform with the addition of various security solutions, including web security, cloud security, advanced threat protection, web application protection, network performance management, network forensics, network traffic management, and incident response. In December 2015, Cisco acquired Lancope, Inc. to enhance its network performance monitoring portfolio. In May 2014, FireEye acquired nPulse Technologies. As a result of this acquisition, nPulse Network Forensics Solution integrated with FireEye Security Platform to deliver enterprise forensics solution.

The major players also launched new products to strengthen their product portfolio and expand their offerings to new clients. In October 2016, NIKSUN launched its data analytics platform, NIKSUN NikOS Everest. This platform provides highly flexible, automated views on the network packets and helps to monitor the network traffic. Furthermore, Arbor Networks Inc. (a security division of NETSCOUT) enhanced its Networks Spectrum platform with the addition of advanced security analytics and threat detection capabilities to better investigate the security breaches across networks. In addition, in February 2016, Savvius launched a new powerful version of Savvius Vigil 2.0. The solution comprises intelligent packet capture and long-term storage that can store over 50 terabytes of packet-level data.

Network forensics vendors are continuously adding innovations to their products and services to protect sensitive applications, networks, and connected devices from real-time behavioral anomalies and advanced threats. Furthermore, network security solutions are being increasingly adopted in various verticals, such as Banking, Financial Services, and Insurance (BFSI); energy & utilities; government; healthcare; IT & telecom; manufacturing; and retail, which have led to the growth of the market across the globe.

Related Reports:

Network Forensics Market by Solution (IDS/IPS, SIEM, Threat Intelligence, Packet Capture Analysis, Analytics, Log Management, and Firewall), Service (Professional and Managed), Application Area, Deployment Mode, Organization Size, Vertical, and Region - Global Forecast to 2021

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