Summary:

India’s digital forensics industry is projected to reach Rs. 11,924 crore (US$ 1.39 billion) in five years, growing at a 40% CAGR compared to the global market of Rs. 1,24,395 crore (US$ 14.5 billion). In FY25, the market is valued at Rs. 2,281 crore (US$ 265.9 million), supported by regulatory mandates from RBI, SEBI, CERT-In, and the Digital Personal Data Protection Act. Rising cybercrime, AI and ML adoption, and digital transformation in BFSI, healthcare, and government sectors drive demand.

Despite its significant growth potential, India’s digital forensics sector faces challenges such as high costs, a shortage of skilled professionals, and limited awareness among SMEs. To address these, the government proposed a ₹2,254 crore (US$ 262.7 million) initiative in 2024 to upgrade forensic labs and train professionals through 2029. The report highlights the need for standardized tools and protocols to ensure judicial admissibility of evidence. Nikhil Bedi of Deloitte India stresses investing in indigenous technologies and integrating AI/ML to enhance forensic speed, accuracy, and automation.

Source: IBEF

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