Lawful Interception Market Share, Size, Trends, Industry Analysis Report, By End-Use (Government & Public Affairs, Law Enforcement Agencies, Small & Medium Enterprises); By Network Technology; By Communication Content; By Mediation Device; By Region; Segment Forecast, 2022 - 2030
The global lawful interception market size is expected t-reach USD 30.28 billion by 2030 according t-a new study by Polaris Market Research. The report “Lawful Interception Market Share, Size, Trends, Industry Analysis Report, By End-Use (Government & Public Affairs, Law Enforcement Agencies, Small & Medium Enterprises); By Network Technology; By Communication Content; By Mediation Device; By Region; Segment Forecast, 2022 – 2030” gives a detailed insight int-current market dynamics and provides analysis on future market growth.
The factors such as the significant rise in criminal and terrorist activities are driving the demand for the industry, boosting the market growth during the forecast period. The rise in digital and increased adoption of communication devices, such as smartphones and tablets, have innovative businesses and people’s interconnection t-a new level. However, such advancements have als-fueled an increase in illegal online activities.
For instance, as per the financial report of the FBI’s Cyber Crimes Complaint Center, in 2020 Cyber Crimes Report includes data from 791,790 complaints of suspected cybercrimes, a rise of more than 300,000 complaints over the previous year, and reported losses totaling $4.2 billion. Phishing scams, non-payment/non-delivery scams, and exploitation were the top three reported incidents by victims in 2020. Notably, scams based on the COVID-19 pandemic emerged in 2020. Over 28,500 complaints were received by the IC3 regarding COVID-19, with scam artists targeting both businesses and people.
As a result, law enforcement agencies around the world are concentrating their efforts on investigating terrorist networks, criminal processes, drug trafficking, financial crimes, as well as other illegal activities. Furthermore, favorable government policies for the periodic monitoring and control of criminal enterprises across various communication systems catalyzed the industry.
Based on the communication content, the voice communication segment accounted for the leading share in the industry. A legal interception application can use voice decoder operating systems t-decode audi-from decoded multimedia communications as captured files or real-time data channels.
Major players such as Utimaco, IPS S.P.A, Atos, Bae Systems, Cisco, Elbit Systems, Ericsson, Incognit-Software, Accuris Networks, Shoghi Communications, Aqsacom, SS8 Networks, Trovicor Networks, Verint, and Vocal Technologies are some key players operating in the global market.
In November 2021, SS8 Networks partnered with the Ocient, a business intelligence solutions provider that enables law enforcement agencies (LEAs) t-leverage petabytes of data for lawful intelligence in real-time. Both will work together on an analytics platform.
Polaris Market Research has segmented the lawful interception market report based on network technology, communication content, mediation device, end-use, and region:
Lawful Interception, Network Technology Outlook (Revenue – USD Billion, 2018 – 2030)
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