lawful interception market size was valued at USD 2.69 Billion in 2020, and is projected to reach USD 22.64 Billion by 2030, growing at a CAGR of 23.7% - Valuates reports

The global lawful interception market size was valued at USD 2.69 Billion in 2020, and is projected to reach USD 22.64 Billion by 2030, growing at a CAGR of 23.7% from 2021 to 2030. An increase in the number of criminal activities, an increase in the volume of data traffic, and a security threat posed by VoIP advancements are expected to drive the growth of the lawful interception market.

Get sample report - https://reports.valuates.com/request/sample/ALLI-Auto-3U63/Lawful_Interception_Market_by_Solution_Devices_Software_and_Services_Component_Mediation_Devices_Routers_Intercept_Access_Point_Handover_Interface_and_Management_Server_and_Network_Technology_VoIP_WLAN_WiMAX_DSL_PSTN_ISDN_and_Mobile_Voice_Telephony_Global_Opportunity_Analysis_and_Industry_Forecast_2015_2022

Trends Influencing the Growth of Lawful Interception Market
The growth of the lawful interception market is expected to be fueled by an increase in the number of criminal activities. The demand for technologically advanced crime detection technologies and favorable lawful interception legislation has grown as the number of criminal and terrorist activities around the world has increased. Law enforcement and intelligence agencies use lawful interception to study suspects' communication data in order to combat and control crimes such as terrorism, domestic crimes, and cybercrime. Network operators and service providers hand over the suspect's intercepted data to intelligence agencies, and the legal authority issues a warrant. In order to track and monitor illegal activities, the monitoring centers analyze forensic telecommunication data collected from service providers (SPs) and internet service providers (ISPs) to extract general information for law enforcement authorities about the suspect's groups, activities, and associations.

The amount of data sent over communication channels has grown at a breakneck speed. The growth of data traffic will be fueled by the increased use of smartphones, particularly in Asian countries. Voice over Internet Protocol (VoIP) can now be used in offices to make voice calls (VoIP). Individual consumers prefer data-based services to traditional phone or mobile voice calls for communication. Cybercrime and data breaches have become more common as the volume of packet data has grown exponentially. To protect national security, the government and other organizations use cyber data interception. As a result, two main drivers are propelling the lawful interception market: an increase in data traffic and security concerns.

As cloud computing advances, the concept of virtualization is gaining traction around the world. Vendors can now offer cloud-based interception solutions and connect cybernetic traffic to physical monitoring tools as data centers become more virtualized. This factor is expected to further fuel the lawful interception market.

Furthermore, advances in data-based communications have led to the expansion of telecommunication networks, which is helping to drive the global lawful interception market forward. Security agencies are also putting in place mobile phone tracking systems to help them protect and preserve consumer interests. Apart from that, governments in both developed and developing countries are implementing lawful interception to monitor and decrypt digital and analog data at a rapid pace. Furthermore, a number of companies are researching and developing cloud-based interception solutions.

Lawful Interception Market Share Analysis
Based on type, Due to an increase in the number of skilled workers and the need to maintain the security and functionality of the software, the service segment is expected to grow at the fastest rate during the forecast period.

Based on network technologies, The VOIP market is expected to be one of the most profitable.

Due to an increase in the adoption of efficient telecommunication technologies in countries like Japan, Korea, and China, which has resulted in an increase in data-based communication, Asia-Pacific is expected to grow at the fastest rate of 24.5 percent from 2019 to 2026.

Key Market Segments

By Solution

Devices
Software
Services
By Component

Mediation Devices
Routers
Intercept Access Point (IAP)
Gateways
Switch
Handover Interface
Management Server
By Network Technology

VoIP
WLAN
WiMAX
DSL
PSTN
ISDN
Mobile Voice Telephony
Mobile data
By Communication Technology

Voice Communication
Video
Text Messaging
Facsimile
Digital Pictures
Data downloads
File Transfer

Get detailed report - https://reports.valuates.com/market-reports/ALLI-Auto-3U63/lawful-interception

Similar report -
https://reports.valuates.com/reports/QYRE-Auto-J216/global-surveillance

https://reports.valuates.com/market-reports/QYRE-Auto-10V10085/global-strategic-interception-system

https://reports.valuates.com/market-reports/QYRE-Auto-39T4586/global-wi-fi-interception-system-sales

Valuates Reports
sales@valuates.com
For U.S. Toll-Free Call 1-(315)-215-3225
For IST Call +91-8040957137
WhatsApp: +91-9945648335
Website: https://reports.valuates.com
Twitter - https://twitter.com/valuatesreports

Valuates offers in-depth market insights into various industries. Our extensive report repository is constantly updated to meet your changing industry analysis needs.
Our team of market analysts can help you select the best report covering your industry. We understand your niche region-specific requirements and that's why we offer customization of reports. With our customization in place, you can request for any particular information from a report that meets your market analysis needs

This release was published on openPR.