Global Lawful Interception Market Size 2024, Forecast To 2033
11 Mar, 2024
The lawful interception market has witnessed exponential growth, surging from $4.58 billion in 2023 to $5.61 billion in 2024, representing a remarkable compound annual growth rate (CAGR) of 22.5%. This growth in the historic period is attributed to the increase in criminal and terrorist activities, lawful interception in the virtual environment, government initiatives, technological advancements, and heightened investments. Looking ahead to 2028, the market is expected to experience exponential growth, reaching $12.78 billion with a CAGR of 22.8%. Anticipated drivers for this growth include a surge in cybercrimes, an increase in data traffic volume, and the advent of next-generation networks. Dominant trends in the forecast period encompass a rise in cybercrimes, a surge in data traffic volume, and the introduction of next-generation networks.
Global Lawful Interception Market Key Driver
The lawful interception market is witnessing growth in response to the increase in cybercrimes, characterized by a rising number of cyber-attacks through social media, the internet, and hacking software. Lawful interception plays a pivotal role in identifying and combating these cybercrimes. Data breaches, as reported by the Legal jobs portal, exposed over 4 billion records, doubling to 9.6 billion by the end of the year, involving 28% of malware, 52% of hacking, and 26% of cybercrimes with intentions traced to espionage and other motives. Positive Technologies, a South Korea-based cybersecurity company, highlighted a 17% increase in cyberattacks in Q1 2021 compared to Q1 2020, with 77% being targeted attacks. Thus, the surge in cybercrimes is a driving force for the lawful interception market, with market sizes in 2023, 2024, and 2028 playing a crucial role in its growth.
Get A Free Sample Of The Global Lawful Interception Market ReportGlobal Lawful Interception Market Segments
The lawful interception market covered in this report is segmented –
1) By Device : Mediation Devices, Routers, Intercept Access Point (IAP), Gateways, Switches, Management Servers, Others
2) By Network Technology: Voice-Over-Internet Protocol (VOIP), Long Term Evolution (LTE), Wireless Local Area Network (WLAN), Worldwide Interoperability For Microwave Access (WIMAX), Digital Subscriber Line (DSL), Public Switched Telephone Network (PSTN), Integrated Services For Digital Network (ISDN), Others
3) By Communication Content: Voice Communication, Video, Text Messaging, E-Mail, Data Downloads, Facsimile, Digital Pictures, File Transfer
4) By End-User: Lawful Enforcement Agencies, Government
By Geography:The regions covered in the lawful interception market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
North America was the largest region in the lawful interception market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the lawful interception market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Major Lawful Interception Industry Players
Cisco Systems, BAE Systems, Ericsson, VERINT SYSTEMS INC, SS8 Networks, Inc., FireEye, Inc., Vocal Technologies, Trovicor Networks, Utimaco GmbH, AQSACOM Innovating Intelligence, Matison, Shoghi Communications Ltd, Comint Systems and Solutions Pvt Ltd, HSD, Softel Systems Pty Ltd, Advantal Technologies Private Limited, Thales, Cy4Gate SPA, Utimaco, IPS S.P.A, ETSI, Atos, RCS S.p.A., Signatec LLC, Squire Technologies, Ixia, Huntsman, Tracespan Communications, NICE Systems Ltd, Infratech, Infocomm Group LLC, Intertel, Aluko Oyebode
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Lawful Interception Market Overview
Lawful interception refers to legally sanctioned surveillance of communication between individuals by law enforcement agencies through phone, email, and other electronic means of tapping. In lawful interception, the service provider provides law enforcement officials with intercepted communications of private individuals or organizations.
Lawful Interception Global Market Report 2023 provides data on the global lawful interception market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The lawful interception market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.