Cybercrime costs in the United States reached an estimated 452.3 billion U.S. dollars in 2024. Between 2017 and 2024, this figure has seen a significant increase. According to the latest estimates, this dynamic will continue in upcoming years, reaching approximately 1.82 trillion U.S. dollars in cybercrime costs by 2028.

The global indicator 'Estimated Cost of Cybercrime' in the cybersecurity market was forecast to continuously increase between 2024 and 2029 by in total *** trillion U.S. dollars (+***** percent). After the eleventh consecutive increasing year, the indicator is estimated to reach ***** trillion U.S. dollars and therefore a new peak in 2029. Notably, the indicator 'Estimated Cost of Cybercrime' of the cybersecurity market was continuously increasing over the past years. Ransomware and manufacturing industry Cyberattacks remain a significant challenge for organizations worldwide, sectors such as manufacturing, finance, and insurance were the most affected by these attacks. Among the various types of cyber threats, ransomware was the most frequently detected, accounting for around ** percent of all incidents. The manufacturing industry, in particular, faced the highest number of ransomware attacks, making it the most targeted sector globally. Cybersecurity awareness and investments Organizations worldwide became increasingly aware of the dangers posed by cyberattacks, approximately ** percent of internet users became familiar terms such as with "ransomware." In response to these threats, companies invested more in cybersecurity. In 2024, the average annual increase in IT security budgets was expected to reach *** percent. In fact, for companies worldwide, enhancing the cyber resilience of their cybersecurity teams was the top spending priority in 2023.

In 2018, the average annualized cost of cyber crime attacks in the United States amounted to 27.37 million U.S. dollars. Second-ranked Japan averaged 13.57 million U.S. dollars in damages to attacked companies per year. Overall, the financial service sector had the highest annual costs caused by cyber crime.

Annual costs of cybercrime in France reached an estimated *** billion U.S. dollars in 2024. Between 2016 and 2023, this figure has seen a significant increase of over ** billion U.S. dollars. According to the latest estimates, this dynamic will continue in upcoming years, reaching *** billion U.S. dollars in cybercrime costs by 2028.

This statistic shows the average annualized costs caused by cyber crimes worldwide in 2018, sorted by affected industry sector. In the measured period, cyber crime caused an average annualized loss of 18.37 million U.S. dollars for affected companies in the global banking sector.

The annual costs of cybercrime in Italy reached an estimated 66 billion U.S. dollars in 2023. Between 2016 and 2023, this figure has seen a significant increase of over 60 billion U.S. dollars. According to the latest estimates, this trend will continue in upcoming years, reaching 175 billion U.S. dollars in cybercrime costs by 2026 in the country.

The estimated cost of cybercrime in the cybersecurity market in Indonesia was forecast to continuously increase between 2024 and 2028 by in total *** billion U.S. dollars (+***** percent). After the tenth consecutive increasing year, the estimated cost of cybercrime is estimated to reach **** billion U.S. dollars and therefore a new peak in 2028. Notably, the estimated cost of cybercrime of the cybersecurity market was continuously increasing over the past years.The Statista Market Insights cover a broad range of additional markets.

Cyber crime costs in Spain reached an estimated 49.42 billion U.S. dollars as of 2023. Between 2017 and 2023, this figure has seen a significant increase of over 40 billion U.S. dollars. According to the latest estimates, this dynamic will continue in upcoming years, reaching approximately 137.7 billion U.S. dollars in cyber crime costs by 2028.

There are various factors that can mitigate or amplify the cost of a data breach. According to 2020 industry data, the formation of an incidence response team could reduce the average total cost of a data breach by almost ******* U.S. dollars. The same went for incident response testing, which was also a strongly mitigating factor when calculating data breach damages. In 2019, the average total cost of a data breach amounted to **** million U.S. dollars.

Cybercrime costs in the United Kingdom (UK) reached an estimated 51.81 billion U.S. dollars in 2024. Between 2017 and 2024, this figure has seen a significant increase. According to the latest estimates, this dynamic will continue in upcoming years, reaching approximately 98 billion U.S. dollars in cybercrime costs by 2028.

Cybercrime costs in Canada reached an estimated 3.82 billion U.S. dollars as of 2023. Between 2017 and 2023, this figure gradually increased. According to the latest estimates, this dynamic will continue in upcoming years, reaching approximately 4.78 billion U.S. dollars in cybercrime costs by 2028.

Cybercrime is a major challenge facing the world, with estimated costs ranging from the hundreds of millions to the trillions. Despite the threat it poses, cybercrime is somewhat an invisible phenomenon. In carrying out their virtual attacks, offenders often mask their physical locations by hiding behind online nicknames and technical protections. This means technical data are not well suited to establishing the true location of offenders and scholarly knowledge of cybercrime geography is limited. This paper proposes a solution: an expert survey. From March to October 2021 we invited leading experts in cybercrime intelligence/investigations from across the world to participate in an anonymized online survey on the geographical location of cybercrime offenders. The survey asked participants to consider five major categories of cybercrime, nominate the countries that they consider to be the most significant sources of each of these types of cybercrimes, and then rank each nominated country according to the impact, professionalism, and technical skill of its offenders. The outcome of the survey is the World Cybercrime Index, a global metric of cybercriminality organised around five types of cybercrime. The results indicate that a relatively small number of countries house the greatest cybercriminal threats. These findings partially remove the veil of anonymity around cybercriminal offenders, may aid law enforcement and policymakers in fighting this threat, and contribute to the study of cybercrime as a local phenomenon.

As per Cognitive Market Research's latest published report, the Global Cyber Security market size was $154.80 Billion in 2022 and it is forecasted to reach $353.15 Billion by 2030. Cyber Security Industry's Compound Annual Growth Rate will be 10.8% from 2023 to 2030. Market Dynamics of Cyber Security Market:

Increased target based cyber-attacks:

Every year, cybercrime dramatically rises as attackers become more proficient and sophisticated. In target-based cyberattacks, hackers or attackers focus on a single organisation because they have a particular business interest. Putting the attack together could take months so they can figure out the best way to get their exploit into your systems (or users). Because it has been precisely designed to attack your systems, processes, or persons, at the office and often at home, a targeted attack is frequently more harmful than an untargeted one. In addition to having an impact on the organization's and business's finances, cybersecurity also makes businesses more vulnerable and uncertain.

Cyberattacks can potentially harm a company's reputation, especially if private customer information is taken. The established customer trust may suffer as a result of cyberattacks. This breach of trust may be challenging to repair and may have long-term effects on the company. The activities of a company are also disrupted by these attacks, making it difficult or impossible to access vital systems or data. This might cause delays in manufacturing, disrupt customer service, and result in lost income. Businesses may occasionally have to stop operating completely until the attack is stopped, which will have a greater financial impact.

Growing need for automated cybersecurity due to the increased use of IoT devices.

Restraining Factor:

Budget restrictions and a lack of specialists among SME's:

Cybersecurity is crucial prat of any organization as it protects against unwanted access, theft, and damage to critical data and computer systems. Cyber-attacks are growing more prevalent in today's digital environment, and they could have very negative effects. Due to the complexity of technology, many organisations, especially SME's, cannot afford cybersecurity despite its necessity. Cybersecurity can be complicated and calls for knowledge in fields like software development, network security, and cryptography. The cost of acquiring and maintaining this expertise might be high. In addition, considering the consistently evolving cyber threats, the updating of cybersecurity measures is necessary. This requires ongoing investment in technology, personnel, and training. Therefore, budget restrictions coupled with expensive tools and software’s and a lack of specialists in SME's might affect the growth of the cyber security market.

Current Trends on Cyber Security:

Rising e-commerce platforms and online shopping:

Rising disposable income coupled with high penetration of internet and smartphone expected to drive the e-commerce market and online shopping. Online shopping is incredibly convenient for consumers as they can shop from the comfort of their homes or on-the-go using their smartphones or tablets. This is especially true during the COVID-19 pandemic when physical stores are closed or people prefer to avoid crowded places. In addition, online retailers can offer lower prices compared to physical stores due to lower overhead costs. Moreover, E-commerce platforms are open 24/7, which allows customers to shop at any time that is convenient for them. With advances in technology, e-commerce platforms have improved their shipping and delivery options. Overall, rising e-commerce platforms and online shopping provides new opportunities to cyber security market.

Impact of COVID-19 pandemic on Cyber Security Market:

With the widespread shift to remote work and online services, there has been a surge in cyber-attacks, making cyber security more important in COVID-19 pandemic. Organizations are investing in cyber security solutions to safeguard their systems and data as a result of the rise in cyberattacks brought on by the epidemic. The need for cyber security goods and services has increased as a result. Budget restrictions, especially for SME's, have been brought on by the economic burden of the epidemic on many organisations. Cost-effective cyber security solutions are now receiving more attention as a result of this. The CO...

The global portable forensic computer market is experiencing robust growth, driven by the increasing need for efficient and secure digital forensics investigations across various sectors. The market, valued at approximately $250 million in 2025, is projected to exhibit a Compound Annual Growth Rate (CAGR) of 12% from 2025 to 2033. This growth is fueled by several key factors, including the rising number of cybercrimes, stricter data privacy regulations demanding thorough digital investigations, and the increasing adoption of advanced forensic technologies. The demand for portable forensic computers is particularly strong in government agencies and judicial branches, where swift and reliable evidence collection is crucial for effective law enforcement. Furthermore, the expanding applications of portable forensic computers in laboratories and other sectors, coupled with technological advancements in areas like data encryption and decryption, contribute significantly to market expansion. The increasing availability of user-friendly and cost-effective solutions is also playing a vital role in market growth. Segmentation analysis reveals a strong preference for glossy displays, driven by their superior visual clarity. However, the matte display segment is also anticipated to experience growth due to its reduced glare and improved readability in various lighting conditions. Geographically, North America and Europe currently dominate the market share, reflecting the advanced digital infrastructure and high adoption of forensic technologies in these regions. However, the Asia-Pacific region is expected to demonstrate substantial growth potential in the coming years due to rapid technological advancements and increasing government investment in cybersecurity infrastructure. While the market faces restraints such as high initial investment costs and the need for specialized training, the overall outlook remains overwhelmingly positive, signaling significant growth opportunities for market players in the years to come. This report provides a detailed analysis of the global portable forensic computer market, projecting a market valuation exceeding $1.2 billion by 2028. We delve into key market segments, competitive landscapes, and future growth trajectories. This research is crucial for stakeholders seeking to understand the dynamics of this rapidly evolving sector, encompassing hardware, software, and service offerings.

The Law Enforcement Software market is experiencing robust growth, with a market size of $2.16 billion in 2025 and a projected Compound Annual Growth Rate (CAGR) of 11.01% from 2025 to 2033. This expansion is driven by several key factors. Increasing crime rates and the need for enhanced public safety are compelling law enforcement agencies to adopt advanced technologies for improved efficiency and effectiveness. Furthermore, the rising adoption of cloud-based solutions offers scalability, accessibility, and cost-effectiveness, fueling market growth. The integration of artificial intelligence (AI) and machine learning (ML) capabilities within these software solutions further enhances crime prediction, investigation, and resource allocation, creating a strong impetus for market expansion. Data analytics features allow for better understanding of crime patterns and trends, enabling proactive policing strategies. Government initiatives promoting technological advancements in law enforcement also contribute significantly to this growth. The market is segmented by deployment (on-premise and cloud-based), type (software and services), and geography, with North America currently holding a significant market share due to advanced technological infrastructure and high adoption rates. The competitive landscape is characterized by a mix of established players and emerging technology providers. Key players are focusing on strategic partnerships, acquisitions, and continuous product innovation to maintain their market position. While the market presents significant opportunities, challenges exist, including data security concerns, the need for robust data privacy regulations, and the high initial investment costs associated with implementing new software systems. The increasing complexity of cybercrime and the need for advanced cybersecurity measures within law enforcement software further drive demand for sophisticated solutions. The future of the market is promising, particularly with ongoing developments in AI, ML, and big data analytics, which will further enhance the capabilities of law enforcement software and create new avenues for market expansion across different regions. The continued focus on improving public safety and crime reduction will ensure sustained demand for innovative and effective law enforcement software solutions throughout the forecast period.

The National Crime Victimization Survey (NCVS) Series, previously called the National Crime Surveys (NCS), has been collecting data on personal and household victimization through an ongoing survey of a nationally-representative sample of residential addresses since 1973. The NCVS was designed with four primary objectives: (1) to develop detailed information about the victims and consequences of crime, (2) to estimate the number and types of crimes not reported to the police, (3) to provide uniform measures of selected types of crimes, and (4) to permit comparisons over time and types of areas. The survey categorizes crimes as "personal" or "property." Personal crimes include rape and sexual attack, robbery, aggravated and simple assault, and purse-snatching/pocket-picking, while property crimes include burglary, theft, motor vehicle theft, and vandalism. Each respondent is asked a series of screen questions designed to determine whether she or he was victimized during the six-month period preceding the first day of the month of the interview. A "household respondent" is also asked to report on crimes against the household as a whole (e.g., burglary, motor vehicle theft). The data include type of crime, month, time, and location of the crime, relationship between victim and offender, characteristics of the offender, self-protective actions taken by the victim during the incident and results of those actions, consequences of the victimization, type of property lost, whether the crime was reported to police and reasons for reporting or not reporting, and offender use of weapons, drugs, and alcohol. Basic demographic information such as age, race, gender, and income is also collected, to enable analysis of crime by various subpopulations. computer-assisted telephone interview (CATI); face-to-face interview; telephone interviewThis version of NCVS data is an alternative to NCVS data available in hierarchical format. Under this version the four record types that comprise the hierarchical file are available as four separate rectangular files. The use of four record-type files simplifies the use of the data while maintaining all of the information and functionality present in the hierarchical format.The 2005 Incident-Level Extract File was created from the record-type files and includes information on victims of crime. Nonvictims are not included. Records were extracted from the Incident Record-Type File and bounded by the year that the incident occurred. These records were then merged to their parent records from the Person Record-Type and Household Record-Type files.A separate data collection, NATIONAL CRIME VICTIMIZATION SURVEY, 1992-2005: CONCATENATED FILES (ICPSR 4699), contains a multi-year concatenated incident-level file and rape subset file.The data were collected by the United States Department of Commerce, Bureau of the Census. Datasets: DS0: Study-Level Files DS1: Address Record-Type File DS2: Household Record-Type File DS3: Person Record-Type File DS4: Incident Record-Type File DS5: 2005 Incident-Level Extract File The data files include several weight variables used to calculate national estimates of: households, persons, victimizations, and incidents. The codebook describes how to use the weights. All persons in the United States aged 12 and over. Smallest Geographic Unit: region Stratified multistage cluster sample.

The cost of internet crimes reached 850 billion U.S. dollars in 2022. Over the coming years, the impact of cybercrime would continue to increase. According to the forecasts, the costs were projected to reach 4.5 trillion U.S. dollars by 2028.

In 2024, the average cost of an industrial data breach reached its peak with an average of 5.56 million U.S. dollars, up from 4.73 million U.S. dollars in 2023. In comparison, the global average cost of a data breach across all studied industries was 4.88 million U.S. dollars.

The Threat Intelligence Platform (TIP) market is experiencing robust growth, projected to reach $8.15 billion in 2025 and exhibiting a Compound Annual Growth Rate (CAGR) of 12.90% from 2025 to 2033. This expansion is fueled by the escalating sophistication and frequency of cyberattacks targeting businesses across diverse sectors. The increasing reliance on cloud-based infrastructure and the growing volume of data generated by connected devices contribute significantly to this market growth. Key drivers include the rising need for proactive threat detection and response, enhanced security posture management, and the demand for improved incident response capabilities. Furthermore, the adoption of advanced analytics and machine learning within TIP solutions enables organizations to effectively analyze vast datasets, identify patterns, and predict potential threats with greater accuracy. Segmentation reveals a strong demand for cloud-based deployment models owing to their scalability and cost-effectiveness, and significant market share across industries like BFSI, IT & Telecommunications, and Retail, highlighting the pervasive nature of cybersecurity threats. The competitive landscape is characterized by a mix of established players and emerging innovators, including Juniper Networks, AlienVault, Farsight Security, Trend Micro, and others. Market differentiation is achieved through unique technological capabilities, specialized expertise in specific threat vectors, and strategic partnerships. The market is witnessing a shift towards integrated solutions offering comprehensive threat intelligence capabilities, consolidating previously disparate security tools. Geographic analysis indicates strong growth across North America and Asia Pacific, reflecting high technological adoption rates and significant investments in cybersecurity infrastructure. While constraints like high implementation costs and the need for skilled professionals pose challenges, ongoing technological advancements and rising awareness regarding cybersecurity risks will continue to propel market expansion. Continued innovation in areas such as AI-powered threat detection and automated response systems will shape the future of the TIP market. Recent developments include: December 2023 - IBM consulting and Palo Alto Networks has announced expand their strategic partnership to better enable clients to strengthen their end-to-end security postures and navigate evolving security threats. Palo Alto Networks, a global cybersecurity leader, will be in a select group of strategic IBM Consulting partners and IBM Consulting will be a premier security services partner for Palo Alto Networks., August 2023 - CrowdStrike announced another cybersecurity first, with the launch of CrowdStrike Counter Adversary Operations. The new team and offerings bring together CrowdStrike Falcon Intelligence, the CrowdStrike Falcon OverWatch managed threat hunting teams and trillions of the latest telemetry events from the AI-powered CrowdStrike Falcon platform to detect, disrupt in their tracks and ultimately raise their cost of doing business.. Key drivers for this market are: Growing Incidences of Security Breaches and Cyber Crime, Evolution of Next-generation Security Solutions. Potential restraints include: Growing Incidences of Security Breaches and Cyber Crime, Evolution of Next-generation Security Solutions. Notable trends are: BFSI Segment is Expected to Occupy a Significant Share.

The global desktop forensic workstation market is experiencing robust growth, driven by the increasing need for efficient and secure digital evidence processing across various sectors. The market size in 2025 is estimated at $250 million, exhibiting a Compound Annual Growth Rate (CAGR) of 12% from 2025 to 2033. This growth is fueled by several key factors, including the rising volume of digital crime, stringent government regulations regarding data security and evidence handling, and the increasing adoption of advanced forensic technologies. The judicial branch and government agencies represent major market segments, reflecting the crucial role of forensic workstations in criminal investigations and national security efforts. Further growth is anticipated from the expansion of laboratories involved in both public and private sector investigations and the increasing adoption of cloud-based forensic solutions. Growth is further segmented by storage capacity, with higher capacity workstations (64GB, 128GB) driving revenue due to the increasingly large datasets involved in modern digital forensics. While the market faces constraints such as high initial investment costs and the need for specialized training, the increasing sophistication of cybercrime and the ongoing demand for reliable digital evidence processing will continue to drive market expansion. Key players like Tri-Tech Forensics, Cellebrite, and Digital Intelligence are leading the market innovation and competition, offering a wide range of solutions to meet diverse needs. The geographic distribution showcases strong growth across North America and Europe, but significant opportunities also exist in rapidly developing economies within the Asia-Pacific region, fueled by increasing digitalization and governmental initiatives.