Open-Source Intelligence Market By Supply Demand Scenario, Application, By Region, Pricing Analysis, Opportunities and Forecast 2028

The global open-source intelligence market was valued at Euro 3,422.74 million in 2021 and is projected to reach Euro 10,858.24 million by 2028; it is expected to grow at a CAGR of 17.9% from 2021 to 2028. North America dominated the market in 2020 with a share of 39.5%. The adoption of digital technology in every industry and workplace has reshaped the US economy and the workplace in recent decades. However, this adoption is also contributing to a slew of negative consequences, such as data breaches and illegal hacking, that result in the leak of personal and company data.

Artificial Intelligence (AI) is becoming increasingly important for security purposes across all industries. AI web intelligence improves the efficiency of automated web investigations in the context of criminal investigations. Therefore, it is employed for decision-making. Overall, AI-powered OSINT tools, such as SOCMINT technologies, assist agencies and organizations in swiftly and efficiently making sense of enormous amounts of publicly available internet and social media data from a variety of OSINT sources. Due to the risk of exposure, deep and dark web surveillance is one of the most difficult cybercrime challenges for law enforcement.

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Top Industry Players Including :

•Alfresco Software, Inc.
•Digital Clues
•Expert System S.p.A.
•Google LLC
•Maltego Technologies
•NetSentries Technologies FZCO
•IPS S.p.A.
•Palantir Technologies
•Recorded Future, Inc.
•Thales Group
•Siemens AG

Impact of COVID-19 Pandemic on Open-source Intelligence Market

The COVID-19 pandemic has shaken several industries across the world. The lockdown hindered the operations of various industries, including manufacturing and IT. Every country across the world has declared a lockdown to prevent the spread of the novel coronavirus; therefore, internet penetration, social media consumption, and web portals use have all skyrocketed during the pandemic. After adopting work-from-home policies and following regulatory guidelines, businesses have seen a rise in harmful actions and cyber security concerns. By assisting and protecting consumers and company data, OSINT technology assists firms in detecting and mitigating potential cyber security threats. Furthermore, ONIST technologies and solutions assist the intelligence community in extracting intelligence from a massive amount of publicly available data and gathering data relevant to a potential national security threat. As a result, the COVID-19 outbreak has had a favorable impact on the open-source intelligence (OSINT) market growth.

The unprecedented rise in the number of COVID-19 cases in the US and the subsequent lockdown to control the spread of the virus across the country in the first two quarters of 2020 have led to a standby situation in businesses. Technological investments experienced a dip in 2020 owing to the above-mentioned reasons, thereby impacting the growth of the open-source intelligence market. In addition, the sudden lockdown has impacted the way businesses work, which is propelling the adoption of digital platforms for carrying out business operations remotely. The region's abrupt operational shifts because of the pandemic, stay-at-home orders, and the need to swiftly turn operations remote resulted in high expenses and increased difficulties in containing a security incident after it had occurred has contributed to the increase in data breaching cost. Thus, to avoid such hefty cost, organizations are rapidly adopting solutions to secure all data on their private and public servers. This adoption is creating new opportunities for the open-source intelligence market.

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The global open-source intelligence market is segmented on the basis of technique, end user, and geography. Based on technique, the market is segmented into text analytics, video analytics, social media analytics, geospatial analytics, security analytics, and others. Based on end user, the open-source intelligence market is segmented into government intelligence agencies, military and defense intelligence agencies, cyber security organizations, law enforcement agencies, private specialized business, financial services, and others. Geographically, the market is segmented into North America (the US, Canada, and Mexico), Europe (France, Germany, Italy, the UK, Russia, and the Rest of Europe), Asia Pacific (Australia, China, India, Japan, South Korea, and the Rest of APAC), Middle East & Africa (Saudi Arabia, South Africa, the UAE, and the Rest of MEA), and South America (Brazil, Argentina, and the Rest of SAM).

The research provides answers to the following key questions:

•What is the estimated growth rate of the market for the forecast period 2021-2028 ? What will be the market size during the estimated period?
•What are the key driving forces responsible for shaping the fate of the Personality Assessment Solution market during the forecast period?
•Who are the major market vendors and what are the winning strategies that have helped them occupy a strong foothold in the Personality Assessment Solution market?
•What are the prominent market trends influencing the development of the Personality Assessment Solution market across different regions?
•What are the major threats and challenges likely to act as a barrier in the growth of the Personality Assessment Solution market?
•What are the major opportunities the market leaders can rely on to gain success and profitability?

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