Indeed. It is still very useful to an investigator who has to examine an unlocked device -- in most corporate investigations this is unlikely to be an issue. Forensic examiners working for the police are likely to have more of a hard time getting codes etc., but they have access to more advanced services[1][2].

[1] https://www.msab.com/2018/12/11/msab-introduces-access-servi... [2] https://www.cellebrite.com/en/advanced-services/