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Lawful Interception Market to Witness 17.89% CAGR until 2027

Maria James by Maria James
April 19, 2022
in Tech
0
Home Tech

The global lawful interception market size reached US$ 3.10 Billion in 2021. Looking forward, the market to reach US$ 8.66 Billion by 2027, exhibiting at a CAGR of 17.89% during 2022-2027, according to the latest report by IMARC Group.

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Lawful interception refers to the legally sanctioned access to numerous private communication channels, including emails, messages and telephone calls. Service providers and network operators are required to collect or provide intercepted communications of individuals or corporations to the law enforcement agencies (LEAs) as authorized by jurisdiction or administration to track illegal activities. It is crucial in investigating and litigating criminal activities, including frauds, crime, and terrorism, which can be administered by wiretapping emails, mobile data, telephone lines, instant messaging and other internet-based services of the target. This, in turn, aids in closely monitoring the activities of the threat and obtaining the forensics necessary for pursuing wrongdoers.

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Request to get the sample report: https://www.imarcgroup.com/lawful-interception-market/requestsample

Lawful Interception Market Trends

The market is primarily driven by the increasing incidences of criminal activities and terrorism on the global level. Lawful inception is, therefore, opted by governments and law enforcement agencies for monitoring and decrypting digital and analog information related to the threat. Along with this, there is an increase in the incidences of cyber-attacks, supported by advancements in communication technology, which is acting as another major growth-inducing factor. The market is further driven by numerous initiatives undertaken by the governments of several countries for updating the laws pertaining to lawful interception. These initiatives aim at enhancing periodic monitoring, which can assist in controlling illegal activities across communication systems.

Moreover, significant improvements in mobile phone tracking systems and data-based communications are creating a positive outlook for the market. Furthermore, the growing virtualization of modern data centers aids in improving security in virtual networks, which enables vendors to offer cloud-based interception solutions and connect cybernetic traffic to physical monitoring tools.

Browse full report with detailed TOC and list of figures and tables: https://www.imarcgroup.com/lawful-interception-market

Competitive Landscape

The report has also examined the competitive landscape of global lawful interception market.

  • Verint Systems Inc. (VRNT)
  • NICE Ltd (NICE)
  • FireEye, Inc. (FEYE)
  • Cisco Systems, Inc. (CSCO)
  • Aqsacom, Inc.
  • Incognito Software,
  • Net Optics,
  • NETSCOUT Systems, Inc.
  • SIEMENS AG (SIEGY)
  • SS8
  • Utimaco GmbH
  • ZTE Corporation
  • BAE SYSTEMS (BAESY)

Breakup 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

Breakup by Device:

  • Mediation Devices
  • Routers
  • Intercept Access Point (IAP)
  • Gateways
  • Switches
  • Management Servers
  • Others

Breakup by Communication Content:

  • Voice Communication
  • Video
  • Text Messaging
  • Facsimile
  • Digital Pictures
  • File Transfer
  • Others

Breakup by Service:

  • Professional Services
  • Managed Services
  • System Integrators

Breakup by End User:

  • Government & Public Affairs
  • Law Enforcement Agencies
  • Small & Medium Enterprises

Global Saccharin Market to Witness 4.7% CAGR until 2026

Governance, Risk and Compliance Platform Market 2022-2027

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us

30 N Gould St
Ste R
Sheridan, WY 82801
USA
Email: sales@imarcgroup.com
Website: https://www.imarcgroup.com
Follow us on twitter: @imarcglobal

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