The global forensic technologies market growth is driven by the increasing trend of adoption of modern machinery and equipment in laboratory forensics techniques, fueled by government funding.
According to Transparency Market Research, the global forensic technologies market was valued at USD 51.6 Bn in 2020 and is projected to reach USD 87.4 Bn by 2028 with CAGR of 13.2% from 2021 to 2028.
Rise in utilization of advanced forensic technologies by law enforcement agencies for evidence collection and analysis is expected to propel the market. Rapid increase in adoption of advanced computer forensics and surge in demand for modern machinery and equipment in laboratory forensics techniques are trends that are anticipated to accelerate market development.