Proficient Market announces that it has a new study on “Global Lawful Interception Market by Product Type (Wimax, DSL, PSTN, ISDN, CDMA, GSM and GPRS.) and by End-Users/Application (Government and Public Institutions, Law Enforcement Agencies and Small and Medium-Sized Enterprises) Global Market Share, Forecast Data, In-Depth Analysis, and Detailed Overview, and Forecast, 2015 – 2027″. The 2020 study has 217 pages, 74 tables and 120 figures.
According to the report, global lawful interception market in 2020 stood at USD 3.6 billion and is expected to reach USD 8.8 billion by 2025 growing at a CAGR of 23.7% from 2020 to 2025.
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Lawful interception is legally sanctioned official access to private communications, which include telephone calls or e-mail messages. Basically, LI is a process in which a network operator or service provider provides law enforcement officials an access to the communications of private individuals or organizations. In order to prevent the increasing frauds, crime, and terrorism the law enforcement organizations, regulatory or administrative agencies use law interception. Also, the new advanced developments that are introduced in the data-based communications have opened new opportunities for the lawful interception. Other factors that promote lawful interception activities are the expansion in networks and the rise in the telecommunications activities.
Global Lawful Interception Market Key Players: The research study includes profiles of leading companies operating in the global lawful interception market. Key players profiled in the report include:
Verint Systems Inc.
Fire Eye Inc.
Net Optics Inc.
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Drivers for the Global Lawful Interception Market: According to current market condition, the key factors that are driving the lawful interception market are the increasing number of cybercrimes, increasing threats of security to the various nations, and the rise in the terrorist attacks. Moreover, governments of various regions are taking initiatives to update the laws pertaining to the law interception. The law enforcement agencies have great demand for the lawful interception activities thus driving the market. In the coming years, lawful interception will gain much importance in the global market owing to the security issues. The governments of various nations have compelled various network providers to use lawful interception, thus triggering the market growth.
Opportunities for the Global Lawful Interception Market: The market is driven by the increasing number of government initiatives supporting lawful interception. In addition, the growing popularity of virtualized lawful interception is anticipated to further boost the growth of the lawful interception market. In the coming years, lawful interception will gain much importance in the global market owing to the security issues. Also, the governments of various nations have compelled various network providers to use lawful interception, thus triggering the market growth.
Restrains for the Global Lawful Interception Market: The significant factors impacting the lawful interception market include rising data traffic, privacy concerns and cross-boundary rules, among others. Furthermore, the market is driven by the rising number of criminal activities, stringent regulatory enforcements and growth in the number of social media platforms, among others, thereby increasing the lawful interception market size during the forecast period.
Region Wise, Global Lawful Interception Market Analysis: On the basis of Region global lawful interception market include North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Among all Asia Pacific lead the global lawful interception market due the investments that are made in the security in these regions are attracting the key market players to operate in the lawful interception market. Thus, for this reason, these regions have the highest revenue generating markets. Asia pacific region is followed by North America and Europe.
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Global Lawful Interception Market: Product analysis
On the basis of type, GSM accounted for largest share of total revenue generated. As, the governments of various nations have compelled various network providers to use lawful interception, thus triggering the market growth.
Global Lawful Interception Market: Application analysis
Government and Public Institutions
Law Enforcement Agencies
Small and Medium-Sized Enterprises
The demand of global lawful interception market is highest from Law Enforcement Agencies. The law enforcement agencies have great demand for the lawful interception activities thus driving the market. In the coming years, lawful interception will gain much importance in the global market owing to the security issues.
Global Lawful Interception Market: Region analysis
North America: U.S., Canada, Mexico
Europe: U.K., France, Germany, Spain, Italy, Rest of Europe
Asia Pacific: China, Japan, South Korea, ASEAN, India
Rest of Asia Pacific: Latin America, Brazil, Argentina, Colombia, Rest of L.A.
Middle East and Africa: Turkey, GCC, UAE, South Africa, Rest of Middle East
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