Digital forensics to grow to $4.8 billion by 2020.

• Position: INFO SECURITY

The business of obtaining, interpreting, and uncovering digital data from electronic devices is gaining momentum and won't slow anytime soon, according to a recent report from IndustryARC.

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"Digital Forensics Market Analysis" says the digital forensics market is expected to grow at an annual compound rate of just over 14%, hitting $4.8 billion in revenue by 2020. The biggest reason for the growth is a heightened focus by companies and government on cybersecurity and data theft prevention, according to the report.

The exponential growth in the volume of data with the proliferation of a wide variety of mobile devices and formats has led to a rise in the use of digital forensics.

IndustryARC said most of the market growth will occur in the Americas and also found that:

* The digital forensics market in the Americas will hold around 60% share by 2020.

* In Europe, the use of digital forensics in the corporate sector will grow at a maximum rate of 19.2% between 2015 and 2020.

* The Asia-Pacific market will grow at a rate of 25.2% be tween 2015 and 2020.

* The global market is estimated to grow at about 14.2% during the same period.

"[The] Digital forensics...