Press release
Advancing Lawful Interception Technologies: Global Market Report 2024
Lawful Interception Market Trends
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of Our Research Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=5643&type=smp
According to The Business Research Company's, 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.
Get The Complete Scope Of The Report @
https://www.thebusinessresearchcompany.com/report/lawful-interception-global-market-report
Market Drivers and Trends:
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.
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.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
Major Key Players of the Market:
IBM Corporation, Microsoft Corporation, Koninklijke Philips N.V, GE Healthcare, Cisco Systems Inc., SAP SE, Medtronic PLC, Siemens Healthiness GmbH, Intel Corporation, Comarch, Lenovo Healthcare Information Technology, China Unicom Ltd., MyrIoTa, NTT Communications, HCL technologies Harbinger system, Aeron Systems, FuGenX Technologies Pvt. Ltd, Fuji Electric Systems Co., Ltd, Mediatek Inc., Huawei, Telkom Indonesia, Xiaomi Inc., Apteki+, Insilico Medicine, Gero, Alibaba Group Holding Ltd., Bioserenity, Orange Business Services, Robert Bosch GmbH Singtel, Infineon Technologies, BIoTronik, Coimbra Genomics, Doctoralia, Emperra, Exovite, Genexyx, NeurNation, Psious, Px Healthcare, TrialReach, XtremeVRI, Skin Analytics, Babylon Health, Cambridge Cognition, DeepMind Technologies, BenevolentAI, Renalytix AI, Exscientia, Iktos, Novartis, Care Mentor AI, MediSensum, Botkin, Ardigen, Hill-Rom Services, Inc., Oracle Corporation, Altizon Systems, Qualcomm Technologies Inc, Fire Eye Inc., STANLEY Healthcare, TeleMD, Webiomed, Senseonics Holdings Inc, TeleTracking Technologies Inc, Honeywell Lifecare Solutions, Deep Genomics, Cyclica, Boston Scientific Corporation, Health Care Originals, Dacadoo, Healthbank, SilverCloud, Diagnocat, Hewlett Packard Enterprise UAE, Nutrino.
Lawful Interception Market 2024 Key Insights:
• 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%.
• Rising Cybercrimes Fueling Growth Of The Lawful Interception Market
• Rising Influence Of 5G Networks In Lawful Interception Trends
• North America was the largest region in the lawful interception market in 2023
We Offer Customized Report, Click @
https://www.thebusinessresearchcompany.com/Customise?id=5643&type=smp
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.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Advancing Lawful Interception Technologies: Global Market Report 2024 here
News-ID: 3775262 • Views: …
More Releases from the business research company
Segment Evaluation and Major Growth Areas in the Personalized Testing and Supple …
The personalized testing and supplements sector is gaining remarkable traction, driven by advancements in technology and a rising consumer focus on tailored health solutions. As more individuals seek customized wellness options, this market is set to experience substantial expansion in the coming years. Here's an in-depth look at its current valuation, key players, significant trends, and the main market segments shaping its future.
Market Valuation and Expansion Forecast for Personalized Testing…
Top Players and Market Competition in the Skin Microbiome Industry
The skin microbiome market is emerging as a significant area of interest due to growing awareness about the critical role of skin health and innovative skincare technologies. As research advances and consumer preferences shift towards more natural and science-backed products, this market is set to undergo substantial growth. Let's explore the current market size, key players, driving factors, and upcoming trends shaping the skin microbiome industry.
Projected Expansion in the Skin…
Key Strategic Developments and Emerging Changes Shaping the Upadacitinib Market …
The upadacitinib market is poised for significant expansion over the coming years, driven by advances in treatment options and increasing awareness of autoimmune diseases. This report delves into the market's current size, key drivers, major players, and the emerging trends shaping its future trajectory.
Steady Growth Expected in Upadacitinib Market Size Through 2029
The market for upadacitinib is projected to reach $2.54 billion by 2029, growing at a robust compound annual…
Analysis of Key Market Segments Driving the Alzheimer's Disease Diagnostic Marke …
The Alzheimer's disease diagnostic sector is rapidly evolving as advancements in technology and healthcare infrastructure open new possibilities for early detection and personalized treatment. With rising awareness and innovative approaches, this market is poised for significant growth in the coming years. Let's explore the current market size, key drivers, leading companies, and emerging trends that are shaping this critical healthcare field.
Projected Market Size and Growth Trends in Alzheimer's Disease Diagnostics…
More Releases for Lawful
Driving Lawful Interception Market Growth in 2025: The Role of Rising Cybercrime …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Lawful Interception Market Through 2025?
In the past few years, the size of the lawful interception market has expanded incredibly. The market is projected to increase from $5.57 billion in 2024 to $6.8 billion in 2025, witnessing a compound annual growth rate…
Rising Cybercrimes Fueling Growth Of The Lawful Interception Market Driver: A Ma …
What market dynamics are playing a key role in accelerating the growth of the lawful interception market?
The growth of the lawful interception market is projected to be fuelled by the rise in cybercrimes. Cybercrimes, defined as the growing prevalence of cyber-attacks via channels like social media, the internet, and hacking software, play a significant role in the expansion of lawful interceptions, deemed a crucial resource for crime detection. For instance,…
Lawful Interception Market Performance Metrics and Future Growth 2025-2032
According to SkyQuest Technology Group, Lawful interception Market size is poised to grow from USD 5.47 Billion in 2024 to USD 27.55 Billion by 2032, growing at a CAGR of 22.4% during the forecast period (2025-2032). These findings equip business leaders with essential insights to develop effective strategies and enhance profitability, while also serving as a valuable resource for emerging businesses, helping them make informed decisions as they navigate the…
Lawful Interception Market 2024 Research Report
Lawful Interception Market
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…
Lawful Interception Market predicted to gain $12.9 billion by 2026
According to a new market research report "Lawful Interception Market by Component, Network (Fixed Network, Mobile Network), Network Technology Type, Communication Content, Mediation Device, Type of Interception, End User (Lawful Enforcement Agencies, Government) & Region - Global Forecast to 2026" published by MarketsandMarkets™, the Lawful Interception Market size expected to grow USD 3.5 billion in 2021 to USD 12.9 billion by 2026, at a Compound Annual Growth Rate (CAGR) of…
Lawful Interception Market guided to expand $8.8 billion by 2025
According to a new market research report "Lawful Interception Market by Component (Solution and Services), Network (Fixed Network and Mobile Network), Mediation Device, Type of Interception (Active, Passive, and Hybrid), End User (Government and LEA), and Region - Global Forecast to 2025", published by MarketsandMarkets(TM), the lawful interception market size projected to grow from USD 3.6 billion in 2020 to USD 8.8 billion by 2025, at a Compound Annual Growth…
