Login

Library
Shopping Cart
Drug DB
Remember Me
Forgot password/Login issues?
loading animation for AJAX calls
 
 

Safety And Security

Forensic Technologies: New and Growing Markets

Bookmark and Share

REPORT HIGHLIGHTS

  • BCC estimates that total sales of forensic products and services were nearly $10.1 billion in 2010 and that sales will grow at a 9.4% compound annual growth rate (CAGR) through 2016 to more than $17 billion.
  • Apart from computer forensics and forensics accounting, the largest segments of the forensics market are DNA testing and fingerprinting/biometrics.  DNA testing is expected to increase at a compound annual growth rate (CAGR) of 11.6%, from an approximate $1.3 billion at present to more than $2.3 billion by 2016.
  • Fingerprinting/biometrics are forecast to expand at a compound annual growth rate (CAGR) of 9.8% during the same forecast period, rising to nearly $1.6 billion by 2016 from nearly $1 billion projected for 2011.

SUMMARY FIGURE
MAJOR U.S. FORENSIC PRODUCTS AND SERVICES MARKET SEGMENTS FORECAST, 2010-2016
($ MILLIONS)
Source: BCC Research