With 13.9% CAGR, Europe Lawful Interception Market to hit US$ 2,227 Million 2027

IMARC Group has recently released a new research study titled "Europe Lawful Interception Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027", offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.

What are the growth prospects of the europe lawful interception industry?

The Europe lawful interception market size reached US$ 957 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 2,227 Million by 2027, exhibiting a growth rate (CAGR) of 13.9% during 2022-2027.

What is a europe lawful interception?

Lawful interception refers to a legally authorized surveillance system that is designed for circuit and packet-mode communications. It is administered by tapping telephone lines, emails, mobile data, instant messaging, internet-based services, etc.

In line with this, lawful interception solutions allow network operators and service providers to collect and provide law enforcement officials with intercepting communications of private organizations and individuals. They aid in the investigation process by collecting evidence for improved inspection. As a result, lawful interception technologies are extensively utilized by government bodies and small and medium enterprises across Europe.

Impact of COVID-19:

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.

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What are the major market drivers in the europe lawful interception market?

The rising exchange of information via open internet protocol or IP-based communication networks has resulted in the exposure of telecom networks to complex security threats, which is among the key factors driving the Europe lawful interception market. Moreover, numerous countries in the region are planning to utilize the opportunities offered by telecommunications systems to solve crimes, which is acting as another significant growth-inducing factor. Apart from this, the escalating demand for lawful interception solutions to prosecute criminals and thwart potential terrorist acts is augmenting the market growth.

Furthermore, the widespread adoption of surveillance systems by the European Commission to monitor and decrypt analog and digital information is positively influencing the regional market. Besides this, the development of highly secured 5G technology with 256-bit encryption has increased the challenge for law enforcement authorities, which is also propelling the market growth. Additionally, the growing prevalence of cyber-attacks is anticipated to fuel the Europe lawful interception market over the forecasted period.

Get the table of contents with all detailed information: https://www.imarcgroup.com/europe-lawful-interception-market

Report Segmentation:

The report has segmented the market into the following categories:

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

By Country:

Germany
France
United Kingdom
Italy
Spain
Others

Competitive Landscape:

The report has also analysed the competitive landscape of the market along with the profiles of the key players.

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