The Lawful Interception (LI) is an effective procedure in which a network operator or service provider delivers the law enforcement officials admittance to the communication of private individuals or administrations. In lawful interception procedure, law enforcement agencies (LEAs) comportment electronic surveillance as sanctioned by jurisdiction or administration to track illegal happenings.
According to the report analysis, ‘Global Lawful Interception Market to reach USD 10.6 billion by 2026’ states that in the worldwide lawful interception market there are numerous companies which recently operating more effectively for leading the highest market growth and accounting the great value of market share around the globe during the upcoming years while engaging the intellectual employees, establishing the numerous research and development programs, delivering the better consumer satisfaction, developing the applications of such, improving the specifications of the technologies, spreading the awareness related to the applications and benefits of such, implementing the profitable strategies, studying the observing the policies and strategies of the government as well as competitors and investing the effective amount of money comprises Utimaco GmbH, Vocal Technologies Ltd., Aqsacom Inc., Verint Systems, BAE Systems Plc, Cisco Systems, Ericsson, ATOS, SS8 Networks Inc., Trovicor Networks and several others.
Additionally, the worldwide Lawful Interception Market is worth approximately at USD 3 billion in 2019 and is projected to increase with a strong growth rate of more than 19.7% over the review period of 2020-2026.
Furthermore, the augment in subversive activities and terrorism and vigorous increment in the cybercrimes in the era of digitalization are the few aspects responsible for growth of the market over the review period. For instance, as per Statista, the amount of terrorist's activities during 2012 was 6,771 and has augmented to 8093 amount of terrorism activities in 2018, across the globe. Not only has this, as per Herjavec Group, during 2018 Marriott has hacked nearly 500 million user accounts owing to cyber-attacks. Also, Yahoo was suffered approximately 3 billion user registers by cyber-attacks during 2017. However, the security and privacy of intercepted data is the foremost factor limiting the growth of wide-ranging Lawful Interception market throughout the forecast duration.
However, the geographical analysis of worldwide Lawful Interception market is measured for the key regions likewise Asia Pacific, North America, Europe, Latin America and Rest of the World owing to the well-established infrastructures, Internet Service Providers (ISPs) and Communication Service Providers (CSPs) that create a huge requirement for lawful interception solutions across the region. Whereas, the North America is the leading/significant economy across the world. Nonetheless, Asia-Pacific is also probable to exhibit greatest growth rate / CAGR over the review period of 2020-2026.
Although, owing to augmented cybercrimes, interception activities have developed over communication channels. During the present market scenario, the telecommunication industry created huge amount of data traffic, which augments the transformations of cyber threats and data loss attacks. Moreover, augment in the number of interception warrants has led to an increment in the online criminal activities. The militaries, police departments, and intelligence bureau aggressively Participate chasing criminal activities by the intercepting communication channels. The augment in government investments to track the criminal activities is projected to propel the lawful interception market growth in the near years more effectively over the coming decades.
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Ankur Gupta, Head Marketing & Communications