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Lawful Interception Market Growing at a CAGR 19.7% | Key Player Aqsacom, Verint, Cisco, Ericsson, ATOS

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Lawful Interception Market Growing at a CAGR 19.7% | Key Player Aqsacom, Verint, Cisco, Ericsson, ATOS

April 22
12:46 2020
Lawful Interception Market Growing at a CAGR 19.7% | Key Player Aqsacom, Verint, Cisco, Ericsson, ATOS

Utimaco GmbH (Germany), Vocal Technologies (US), AQSACOM, Inc. (France), Verint (US), BAE Systems (UK), Cisco Systems (US), Ericsson (Sweden), Atos (France), SS8 Networks, Inc. (US), Trovicor Networks (UAE), Matison (Croatia), Shoghi Communications Ltd (India), Comint Systems and Solutions Pvt Ltd. (India)…
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

The lawful Interception Market size is projected to grow from USD 3.6 billion in 2020 to USD 8.8 billion in 2025, at a Compound Annual Growth Rate (CAGR) of 19.7% during the forecast period. The major factors driving the growth of the lawful interception market include increased subversive activities and terrorism, and rising instances of cybercrimes in the era of digitalization.

By component, the services segment to lead the market during the forecast period

The lawful interception services market is segmented into professional services and managed services. The professional services segment comprises consulting, support and maintenance, training, and education. These services enhance the lawful interception portfolio of an enterprise and safeguard the endpoints, networks, and cloud environment from unauthorized access, exploitation, and data loss. Managed services help safeguard the enterprises by providing network assessment, targeted scanning and reporting, unlimited report generation, security controls and remediation, vulnerability analysis, live monitoring, and other such tasks.

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Mobile network segment lead the market during the forecast period

The emergence of smart phones, laptops, and smart gagets helps the implementation of the lawful interception across different networks, such as 2G, 3G, 4G, and for other wireless access technologies, such as wireless LAN (WLAN) and Worldwide Interoperability for Microwave Access (WiMAX). The lawful interception for mobile data is implemented in the core network of the operator. Leading vendors in the lawful interception market are working closely with leading network vendors and Mobile Network Operators (MNOs) for the preparation of 5G lawful interception.

The government vertical to grow at a higher CAGR during the forecast period

Government agencies such as Central Intelligence Agency (CIA) and National Security Agency (NSA) in the US, Government Communications Headquarters (GCHQ) in the UK, Ministry of Home Affairs and Central Bureau of Investigation (CBI) in India, Ministry of State Security (MSS) China, Public Security Intelligence Agency (PSIA) of Japan are among the few government agencies of nations that are widely adopting the lawful interception solutions. Countries including the US and the UK have adopted mass surveillance programmes to combat any kind of threats toward its national security.

Major lawful interception vendors include Utimaco GmbH (Germany), Vocal Technologies (US), AQSACOM, Inc. (France), Verint (US), BAE Systems (UK), Cisco Systems (US), Ericsson (Sweden), Atos (France), SS8 Networks, Inc. (US), Trovicor Networks (UAE), Matison (Croatia), Shoghi Communications Ltd (India), Comint Systems and Solutions Pvt Ltd. (India), Signalogic (US), IPS S.P.A (Rome), Tracespan Communications (Israel), Accuris Networks Inc. (Ireland), EVE Compliancy Solutions (Netherlands), Squire Technologies Ltd. (Netherlands). These market players have adopted various growth strategies, such as partnerships, collaborations, and new product launches to expand their presence in the lawful interception market. New product launches and product enhancements have been the most adopted strategies by major players from 2018 to 2020, which helped companies innovate their offerings and broaden their customer base.

Aqsacom (France) is one of the leading vendors in the lawful interception market. The company offers a wide range of cyber intelligence software and services for applications in lawful interception, data retention, and geolocation services. The company’s solution ALIS is scalable to broadband services by addressing internet access up to the speed of Gigabyte (GB). The company focuses more on the adoption of organic growth strategies to enhance its position in the lawful Interception market. For instance, in June 2018, Aqsacom enhanced its product named ALIS to meet the local country lawful cyber intelligence and General Data Protection Regulation (GDPR) compliance suitable for Communications Service Providers (CSPs) with cloud-based or Software-as-a-Service (SaaS) communications solutions.

Speak to Our Expert Analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=1264

Verint Systems (US), is another leading lawful interception solution and services provider across the globe. The company is one of the leading providers of solutions for industry verticals and to manage security challenges, such as Law Enforcement Agencies (LEAs), enterprise, national intelligence, transportation, municipalities, and telecommunications providers, for national security and critical infrastructure. The company focuses on organic growth strategies to improve its place in the lawful interception market. For instance, in May 2019, Verint launched a new product to curb cybercrime. The product leverages present and past threat intelligence repositories to curb cyberattacks in the future. In April 2019, the company introduced various enhancement, such as Video Management Software (VMS) one module in its Situational Intelligence Platform for situational control in complex security environments. The enhanced platform also enabled new capabilities in the dispatch, face detect, and incident management modules.

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