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According to a joint report by Deloitte and the Data Security Council of India (DSCI), India’s digital forensics market is poised for exponential growth, expected to reach $1.39 billion (Rs 11,829 crore) by the financial year 2029-30.

The report projects the Indian digital forensics market to grow at a Compounded Annual Growth Rate (CAGR) of 40%, more than triple the global average of 11%. This rapid expansion signals a pivot in India’s approach to digital crime and cybersecurity readiness. Mobile forensics currently dominates the sector, accounting for around 51% of the market, driven by the surge in smartphone usage, digital payments, and mobile-centric cybercrime. With 81% of the demand coming from the public sector, particularly law enforcement, the report highlights the growing reliance on forensic technology to combat sophisticated digital threats.

The report recommends a strategic roadmap focused on boosting indigenous Research & Development (R&D) to reduce import dependence, as well as expanding education and certification programs to bridge the projected shortfall of 90,000 forensic professionals.

This rapid growth in India’s digital forensics market underscores the country’s commitment to enhancing its cybersecurity posture and combating the evolving digital threat landscape.

Read the original article here: https://www.msn.com/en-in/news/other/india-s-digital-forensics-market-to-triple-global-growth-hit-1-39-billion-by-fy30-report/ar-AA1GiqR2?ocid=BingNewsVerp