DNA forensics: Key market research findings
- The Americas dominate the market geographically
- Growing popularity of digital forensics drives market growth
- Key vendors – Lockheed Martin, M2SYS, NEC, and Safran
Technavio’s market research analysts predict the global DNA forensic market to grow at a CAGR of around 21% between 2016 and 2020. Much of this market’s growth can be attributed to the high adoption of DNA forensics across the government sector. The increased need for security in government departments stems from the recent increase in the number of terrorist attacks and cyber attacks on government departments and installations. As a result, the adoption of biometric technologies such as DNA analysis is high in the government sector. At present, the global market for DNA forensics is dominated by the Americas with a market share of more than 43%. The large-scale adoption of DNA forensic technology by the government and law enforcement agencies in the US and Canada coupled with demand for relationship tests to identify the familial background of an individual will propel growth in the DNA forensic market in the Americas during the forecast period.
The new market research report from Technavio presents a breakdown and analysis of the DNA forensic segments based on the application.
“Of late, digital forensics have been gaining a lot of traction in the market. Digital forensics is gaining importance because law enforcement officials are using it to identify the type of crime and criminals. If law enforcement officials have a suspect, the investigation of the suspect’s computer may reveal the details of the communication between the suspect and the victim. The information about the suspect’s intentions and relationship with other suspects can be collected by investigating the suspect’s computer’s hard drive, mobile phones, CDs, personal digital assistants, and digital camera memory cards,” says Amrita Choudhury, Lead Analyst, ICT, Technavio Research.
By 2020, the law enforcement segment will account for around 34% of the overall market share to continue its dominance as the primary revenue generator for the global DNA forensic market. DNA forensics plays a vital role in the law enforcement market as it helps provide scientific information by analyzing physical evidence. Since every individual has a unique DNA, this technology helps identify criminals and victims involved in cases. Several governments are involved in the process of storing DNA information in a database, which is known as DNA profiling. This helps in the easy identification of individuals.
The key vendors in the global DNA forensic market include Lockheed Martin, M2SYS, NEC, and Safran. The global DNA forensic market is highly fragmented due to the presence of numerous small and large vendors. The vendors in the market compete on the basis of price, quality, innovation, service, reputation, distribution, and promotion. The high level of vendor competition in this market has led to an increase in the number of mergers and acquisitions, wherein smaller vendors are being merged with larger players.
A more detailed analysis is available in the Technavio report, Global DNA Forensic Market 2016-2020.
We can customize reports by other regions and specific segments upon request.
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