Future Prospects of Global Laboratory Proficiency Testing Market

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Laboratory Proficiency Testing Market  The global Laboratory Proficiency Testing Market is estimated to be valued at US$ 1.29 billion in 2023 and is expected to exhibit a CAGR of 7.3% over the forecast period 2023 - 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Laboratory proficiency testing involves evaluating the performance of laboratories for a given scope of testing through inter-laboratory comparisons. It helps assess the quality and competence of laboratories by determining reproducibility and accuracy of test results. Proficiency testing products are used by laboratories to determine method validity and accuracy, and improve testing processes. Market Key Trends: One of the major trends in the laboratory proficiency testing market is the growing number of accredited medical laboratories. Accreditation assures compliance with ISO 15189 and ISO/IEC 17025 standards, which require participation in proficiency testing programs. Accordi
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Market Analysis and Insights: Global Digital Forensics Market

Digital forensics is a branch of forensic science concerned with the identification, acquisition, processing, analysis, and reporting of data stored electronically. Almost all illegal acts involve electronic evidence, and digital forensics assistance is critical for law enforcement investigations. Electronic evidence is collected from a variety of sources, including computers, smartphones, remote storage, unmanned aerial aircraft, and shipborne devices, in digital forensics. Extraction of data from electronic evidence, turning it into actionable information, and presenting the prosecution findings are all common methodologies

Because of the rising consumer goods and retail industries, the worldwide digital forensics market is predicted to increase significantly during the forecast period (2020–2027). Frauds in the consumer goods industry could be a problem, with the potential to harm finances, brand value, and customer trust. Transporters, vendors/suppliers, third-party manufacturers or subcontractors, stockiest, packers, and other third-party service providers are common third-party touch points for consumer products businesses. These third-party touch-points in the consumer products business are to blame for the rising risk of difficult-to-detect collusive frauds.


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Digital Forensics Market


The spike in IoT device applications, increasing focus on digitization of organisations, and increasing instances of cyber-attacks and fraudulent activities are the primary drivers driving the growth of the digital forensics market. Huge investments in industry 4.0 by organisations and businesses are paving the way for market expansion. The market for digital forensics is being held back by the high level of encryption in new mobile applications. Rapid technological progress is making it difficult to read digital evidence, which is posing a big impediment to the market's growth.

This digital forensics market report examines market share, new developments, and product pipeline analysis, as well as the impact of domestic and localised market players, emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations.

 

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