Lawful Interception Market worth $12.9 billion by 2026 - Exclusive Report by MarketsandMarkets™
The mobile network integrates with most of the leading vendors in the Lawful Interception Market.
CHICAGO, Jan. 14, 2022 /PRNewswire/ -- According to a research report "Lawful Interception Market by Component, Network (Fixed Network, Mobile Network), Network Technology Type, Communication Content, Mediation Device, Type of Interception, End User (Lawful Enforcement Agencies, Government) & Region - Global Forecast to 2026" published by MarketsandMarkets, the global Lawful Interception Market size is expected to grow USD 3.5 billion in 2021 to USD 12.9 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 29.3% during the forecast period. The Lawful Interception Market is growing due to the rapid adoption of advanced technologies.
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Managed services segment to grow at the highest CAGR during the forecast period
The mobile network aids in the monitoring of real-time data from any wireless network. 2G, 3G, 4G, 5G, and other wireless access technologies such as WLAN and WiMAX are all part of the mobile network. The mobile network integrates with most of the leading vendors in the Lawful Interception Market. The emergence of smartphones, laptops, and smart gadgets helps the implementation of lawful interception across networks. Lawful interception for mobile data is implemented in the core network of the operator. In an LTE network, Ultimacy LIMS directly interfaces with MME nodes for monitoring control plane data (IRI) and System Architecture Evolution/Packet Data Network Gateway elements for user plane data.
Government segment is expected to grow at a higher CAGR during the forecast period
Government agencies, such as CIA and NSA in the US, GCHQ in the UK, Ministry of Home Affairs and CBI in India, MSS in China, PSIA of Japan, are among the few government agencies of several countries widely adopting the lawful interception solution. For instance, in India, on 20th December 2018, the Ministry of Home Affairs issued an order authorizing ten security and intelligence agencies to intercept, monitor, and decrypt any information in any computer resource in accordance with the Information Technology Act, 2000. Countries, such as the US and the UK, have adopted mass surveillance programs to combat any threat to their national security.
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Asia Pacific (APAC) region to record the highest growing region in the Lawful Interception Market
APAC is one of the fastest-growing economies due to the growing network technologies, digital infrastructure, and smartphone and internet penetration. These factors have stimulated the cases of cybercrimes by using social networks for subversive activities and terrorism in the region. Countries such as India, China, and Japan contribute a major share to APAC's economy. These countries are experiencing a major threat from hacker groups or terror networks with the increasing penetration of digital infrastructure and heavy investment in network technologies by key industry telecom players in the region. The use of social networks to influence netizens and give rise to crimes is one of the major factors that actuate the market for lawful interception in the region.
Key and innovative vendors in the Lawful Interception Market are Utimaco (Germany), Vocal Technologies(US), AQSACOM (US), Verint (US), BAE Systems (UK), Cisco (US), Ericsson (Sweden), SS8 Networks. (US), Elbit Systems (US), Matison (Croatia), Shoghi (India), Comint (Mexico), Signalogic (US), IPS S.P.A (Rome), Tracespan (Isreal), Accuris Networks (US), EVE Compliancy Solutions (Netherlands), Squire Technologies (UK), Incognito Software (Canada), GL Communications (US), Septier Communications (Isreal), NetQuest (NJ), ETSI (France), Atos (France), Trovicor (Dubai).
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