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Time of India
08-06-2025
- Business
- Time of India
India's digital forensics market to triple global growth, hit $1.39 billion by FY30: Report
India's digital forensics market is expected to grow more than triple the global average of 11% to hit $1.39 billion (Rs 11,829 crore) by the financial year 2029-30, according to a joint report by Deloitte-DSCI. As per the report, the Indian digital forensic market will grow at a Compounded Annual Growth Rate (CAGR) of 40%. The digital forensics market refers to the collection and analysis of digital evidence for legal or investigative purposes. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Why Over-50 Hikers Are Quietly Replacing Their Old Boots showbizinsider Undo The report said that the rise of the forensic market signals a pivot in India's digital crime and cybersecurity readiness approach. Mobile forensics now dominates the sector, accounting for about 51% of the market, driven by the boom in smartphone usage, digital payments and mobile-centric cybercrime. Live Events With 81% of demand coming from the public sector, particularly law enforcement, the report highlights the growing reliance on forensic tech to combat sophisticated digital threats. Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories "As India's digital economy rapidly expands, so too does the scale and complexity of cyber threats. In this evolving landscape, from financial fraud and data breaches to sophisticated cross-border attacks, digital forensics has moved from a reactive tool to a strategic capability," said Nikhil Bedi, Leader, Risk, Regulatory & Forensic, Deloitte India. "With growing public sector demand and emerging private sector participation, the potential to shape a globally competitive forensic industry is within reach. While we are witnessing the cyber security industry ecosystem maturing, we need to emulate similar for the digital forensics industry," said Vinayak Godse, CEO, Data Security Council of India (DSCI). The report recommended a strategic roadmap centred on boosting Indigenous Research & Development (R&D). The R&D, as per the report, is critical to reducing import dependence. Expansion of education and certification programmes will bridge the projected shortfall of 90,000 forensic professionals. The report also recommended modernisation of national infrastructure with advanced labs and regional Centres of Excellence. Strengthening public-private partnerships, streamlining procurement and introducing unified regulatory standards will be critical to improving cross-border investigation capabilities and digital crime response, the report recommended.
India Gazette
08-06-2025
- Business
- India Gazette
India's digital forensics market to triple global growth, hit USD 1.39 bl by FY30: Report
New Delhi [India], June 8 (ANI): India's digital forensics market is expected to grow more than triple the global average of 11 per cent to hit USD 1.39 billion (Rs 11,829 crore) by the financial year 2029-30, according to a joint report by Deloitte-DSCI. As per the report, the Indian digital forensic market will grow at a Compounded Annual Growth Rate (CAGR) of 40 per cent. The digital forensics market refers to the collection and analysis of digital evidence for legal or investigative purposes. The report said that the rise of the forensic market signals a pivot in India's digital crime and cybersecurity readiness approach. Mobile forensics now dominates the sector, accounting for about 51 per cent of the market, driven by the boom in smartphone usage, digital payments and mobile-centric cybercrime. With 81 per cent of demand coming from the public sector, particularly law enforcement, the report highlights the growing reliance on forensic tech to combat sophisticated digital threats. 'As India's digital economy rapidly expands, so too does the scale and complexity of cyber threats. In this evolving landscape, from financial fraud and data breaches to sophisticated cross-border attacks, digital forensics has moved from a reactive tool to a strategic capability,' said Nikhil Bedi, Leader, Risk, Regulatory & Forensic, Deloitte India. 'With growing public sector demand and emerging private sector participation, the potential to shape a globally competitive forensic industry is within reach. While we are witnessing the cyber security industry ecosystem maturing, we need to emulate similar for the digital forensics industry,' said Vinayak Godse, CEO, Data Security Council of India (DSCI). The report recommended a strategic roadmap centred on boosting Indigenous Research & Development (R&D). The R&D, as per the report, is critical to reducing import dependence. Expansion of education and certification programmes will bridge the projected shortfall of 90,000 forensic professionals. The report also recommended modernisation of national infrastructure with advanced labs and regional Centres of Excellence. Strengthening public-private partnerships, streamlining procurement and introducing unified regulatory standards will be critical to improving cross-border investigation capabilities and digital crime response, the report recommended. (ANI)
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Business Standard
05-06-2025
- Business
- Business Standard
Indian digital forensics market to hit $1.39 bn by 2030: Deloitte-DSCI
The Indian digital forensics market is projected to reach $1.39 billion in the next five years, growing at a compounded annual growth rate (CAGR) of 40 per cent, compared to the global market size of $14.5 billion over the same period. The market for digital forensics is recorded at $265.9 million as of financial year 2025 (FY25). In comparison, the global market is valued at $6.5 billion during the same period, according to a joint report by Deloitte and the Data Security Council of India (DSCI). Major drivers for the sector's growth in India include regulatory requirements guided by apex regulators such as the Reserve Bank of India (RBI), the Securities and Exchange Board of India (Sebi), and cybersecurity agency CERT-In. Compliance with key legislations such as the Digital Personal Data Protection (DPDP) Act — which requires strict privacy safeguards, data protection measures, and breach notification protocols — is expected to further drive adoption. Broadly, factors leading to growing adoption of digital forensics include cybercrime, advancements across segments such as artificial intelligence (AI) and machine learning (ML), regulatory compliance, and digital transformation across sectors such as banking, financial services and insurance (BFSI), healthcare, and government. The Indian market, however, continues to face challenges such as a shortage of skilled staff to handle digital forensics. High costs and limited understanding deter small and medium enterprises (SMEs) from adopting in-house solutions, the report added. 'The sector presents a significant opportunity for growth, driven by rising enterprise demand, regulatory scrutiny and technological advancement. The way forward lies in accelerating capacity building, fostering innovation in indigenous tools, and embedding forensic readiness into the core of digital transformation strategies across sectors,' said Nikhil Bedi, Leader, Risk, Regulatory & Forensic, Deloitte India. The report added that the Centre, in 2024, introduced a scheme to improve forensic capabilities with a financial outlay of ₹2,254 crore by 2029. It is aimed at modernising forensic labs, training staff, and integrating the stream into law enforcement practices. It noted that government agencies lack standardised methodologies, tools and procedures, affecting the reliability and admissibility of digital evidence in court, while recommending domestic standards customised to local requirements. 'Investing in updated forensic tools tailored to handle emerging technologies, such as cloud and mobile forensics, is crucial. This includes leveraging AI and ML to streamline data analysis, automate processes and improve the accuracy and speed of forensic investigations,' it recommended.
