Lawful Interception Market Analysis, Growth Factors, Top Key Trends, Developments And Forecast 2033

The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Lawful Interception Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $12.78 billion In 2028 At A CAGR Of 22.8% :

The lawful interception market size has grown exponentially in recent years. It will grow from $4.58 billion in 2023 to $5.61 billion in 2024 at a compound annual growth rate (CAGR) of 22.5%. The growth in the historic period can be attributed to rise in criminal and terrorist activities, lawful interception in the virtual environment, a rise in government initiatives, a rise in technological advancements and an increase in investments.

The lawful interception market size is expected to see exponential growth in the next few years. It will grow to $12.78 billion in 2028 at a compound annual growth rate (CAGR) of 22.8%. The growth in the forecast period can be attributed to increasing number of cybercrimes, a rise in volume of data traffic and the introduction of next-generation networks. Major trends in the forecast period include increasing number of cybercrimes, a rise in volume of data traffic and the introduction of next-generation networks.

Request A Sample Of This Report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=5643&type=smp

Lawful Interception Market Major Segments
The lawful interception market covered in this report is segmented -
1) By Device : Mediation Devices, Routers, Intercept Access Point (IAP), Gateways, Switches, Management Servers, Others
2) 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
3) By Communication Content: Voice Communication, Video, Text Messaging, E-Mail, Data Downloads, Facsimile, Digital Pictures, File Transfer
4) By End-User: Lawful Enforcement Agencies, Government

Key Driver - Rising Cybercrimes Fueling Growth Of The Lawful Interception Market

The increase in cybercrimes is expected to propel the growth of the lawful interception market. Cybercrimes are defined as the increasing number of cyber-attacks through social media, the internet, and hacking software. The increased cybercrimes are responsible for the growth of lawful interceptions as it is a key tool for identifying crimes. For instance, according to the Legal jobs portal, Data breaches exposed over 4 billion records and doubled to 9.6 billion by the end of the year it involves 28% of the malware 52% of hacking, and 26% of cybercrimes by intentions traced to espionage and other such reasons. Additionally, according to Positive Technologies, a South Korea-based cybersecurity company, the number of cyberattacks climbed by 17% in Q1 2021 compared to Q1 2020, and by 1.2% compared to Q4 2020, with 77% being targeted attacks. Therefore, increasing cybercrimes drive the lawful interception market.

Customise This Report As Per Your Requirements -
https://www.thebusinessresearchcompany.com/Customise?id=5643&type=smp

Prominent Trend - Rising Influence Of 5G Networks In Lawful Interception Trends

The deployment of 5G networks is a key trend gaining popularity in the lawful interception market. 5G networks emerged as a vital technology that is being used by various industries. 5G is helpful in lawful interception by providing virtualization and containerization, triggering, security, and standardized X-interfaces. For instance, 5G networks are expected to cover one-third of the world's population and also account for 1.2 billion connections by 2025. Therefore, the deployment of 5G networks is an emerging trend in the lawful interception market.

Lawful Interception Market Players
Major companies operating in the lawful interception market report are Cisco Systems, BAE Systems, Ericsson, VERINT SYSTEMS INC, SS8 Networks, Inc., FireEye, Inc., Vocal Technologies, Trovicor Networks, Utimaco GmbH, AQSACOM Innovating Intelligence, Matison, Shoghi Communications Ltd, Comint Systems and Solutions Pvt Ltd, HSD, Softel Systems Pty Ltd, Advantal Technologies Private Limited, Thales, Cy4Gate SPA, Utimaco, IPS S.P.A, ETSI, Atos, RCS S.p.A., Signatec LLC, Squire Technologies, Ixia, Huntsman, Tracespan Communications, NICE Systems Ltd, Infratech, Infocomm Group LLC, Intertel, Aluko Oyebode

View The Full Report Here -
https://www.thebusinessresearchcompany.com/report/lawful-interception-global-market-report

Largest And Fastest Growing Region In The Market
North America was the largest region in the lawful interception market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the lawful interception market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Lawful Interception Market Report Structure
3. Lawful Interception Market Trends And Strategies
4. Lawful Interception Market - Macro Economic Scenario
5. Lawful Interception Market Size And Growth
…..
27. Lawful Interception Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

This release was published on openPR.