Portland, OR -- (SBWire) -- 06/19/2018 --Global Forensic Technology Market was valued at $9,458 million in 2016, and is estimated to reach $22,905 million by 2023, growing at a CAGR of 13.4% during the study period. Forensic technology is widely used in the court of law with an objective to investigate crime. Increase in crime rates and higher need for solving finesse crimes using advanced technologies are expected to drive the growth of the global forensic technologies market. Moreover, rise in government initiatives such as funding to support forensic research supplements the growth of the market. However, lack of accuracy of the results obtained through the use of these technologies are expected to impede the market growth.
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Key Benefits
- The study provides an in-depth analysis of the global forensic technology market, with current trends and future estimations to elucidate the imminent investment pockets.
- Quantitative analysis from 2016 to 2023 is expected to enable the stakeholders to capitalize on prevailing market opportunities.
- The report provides data for 2016 and year-on-year forecasts from 2017 to 2023
- Comprehensive analysis of all geographical regions is provided to determine the prevailing opportunities.
- Extensive analysis is conducted by closely following key product positioning and monitoring the top contenders within the market framework.
Forensic Technology Market Key Segments:
By Product
- DNA Testing
- Biometric Devices
- Digital Forensics
- Ballistic Forensics
- Others
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By Service
- DNA Profiling
- Fingerprinting Analysis
- Drug Analysis
- Firearm Analysis
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- Spain
- Italy
- France
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- South Africa
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Rest of LAMEA
Table Of Contents
- CHAPTER 1 INTRODUCTION
- CHAPTER 2 EXECUTIVE SUMMARY
- CHAPTER 3 MARKET OVERVIEW
- CHAPTER 4 FORENSIC TECHNOLOGIES MARKET, BY SERVICE
- CHAPTER 5 FORENSIC TECHNOLOGIES MARKET, BY PRODUCT
- CHAPTER 6 FORENSIC TECHNOLOGY MARKET, BY REGION
- CHAPTER 7 COMPANY PROFILES
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Forensic Technology Market Growing at a CAGR of 13.4% During the Study Period