Lawful Interception Market is Projected to grow at a CAGR of 12%
The lawful interception market is set to witness steady growth of 12% during 2021-2031, and is projected to reach US$ 3.5 Bn in 2021. There is continuous rise in demand from the law enforcement agencies and governments to update the procedures and policies associatedwith law practices, as there are advancements in the network technologies and changing communication methods to monitor private conversations with legal authorization. Such developments are expected to provide better opportunities for the lawful interception, over the forecast period.
Driving Demand for Lawful Interception?
Lawful interception implicates legally accessing private communication such as emails, messages, or phone calls, with legally-sanctioned access. Many countries across the world have been drafting and sanctioning laws regarding the procedures of lawful interception. The migrating users and their shifting IP's make it harder to offer support for seamless lawful interception procedures on networks. The complexities of current communication technologies are essentially driving the necessity for lawful interception solutions to cope with a wide range of wired and wireless communication exchanges.
The necessity for lawful enforcement solutions is mounting even while the dynamics of the market and the regulatory and legal framework continue to develop. Furthermore, privacy concerns, rise in data traffic, and cross-boundary rules, are other major factors impacting the sales of lawful interception solution over the forecast period.
Mobile Network Segment is expected to Show Major Growth
On the basis of network, the mobile network segment is anticipated to hold the largest share, as these mobile communication networks are a vital component in lawful interception technology. With the advent of smart gadgets, laptops and smartphones; there has been a rise in the enactment of the lawful interception across diverse networks.
For mobile data network, the lawful interception is implemented in the core network of the operator. Therefore, with the advancements in telecom network technologies, increasing number of network operators are proclaiming trials for commercial deployments of the 5G network. Thus,augmenting the share of mobile network segment in the lawful interception.
US and Canada Lawful Interception Market Outlook
The U.S. happens to be one of the largest markets for lawful interception across the globe. The growth is attributed to a large number of internet service providers, well-established telecom infrastructures, and communication service providers, that help in creating a massive demand and driving the growth of lawful interception solutions in the region. Moreover, U.S. and Canada happen to be dominant countries in the North America region owing to its well-established economies, which facilitates investments in advanced network technologies. The upsurge in criminal offenses, and cybercrimes are other major factors influencing the implementation of lawful interception solutions in the region.
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Europe Demand Outlook for Lawful Interception
The European Telecommunications Standards Institute (ETSI) has been a key driver in defining the standards of lawful interception, not just for Europe, but for other neighboring countries as well. Over the past few years, lawful interception has progressed from a poorly defined concept to a clearly established body of laws and regulations. Surge in security concerns coupled with the rise in data traffic happen to be the major factors driving the demand for lawful interception solutions in UK, France, Spain, Benelux, Nordics and other countries.
Currently, many countries in the Europe region have been severely impacted by the COVID-19 crisis, which has led to a decline in economic activities. However, increasing penetration of smartphones and growing communication channel traffic continues to drive thesales for lawful interception solutions, in the Europe region.
Who are the Key Lawful Interception solution providers?
The major players in the market are adopting various growth strategies, such as collaborations and strategic partnerships,coupled with new product introductions in order to expand their presence in emerging countries and eventually widen their customer base. Some of the leading players operating in the lawful interception include
- Cisco Systems
- Utimaco GmbH
- Vocal Technologies
- AQSACOM Inc.
- BAE Systems
- SS8 Networks Inc.
- Trovicor Networks
- Shoghi Communications Ltd
- Comint Systems and Solutions Pvt Ltd.
- IPS S.P.A
- Accuris Networks Inc.
- Tracespan Communications
- Squire Technologies Ltd.
- EVE Compliancy Solutions
An Adaptive Approach to Modern-day Research Needs
Lawful Interception Market Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company
- Lawful interceptionSolution
- Outsourced lawful interception services
- Integration and implementation
- Support services
- Fixed Network
- Mobile Network
By End User
- Law Enforcement Agencies
- North America
- Latin America
- Rest of Latin America
- Rest of Europe
- East Asia
- South Korea
- South Asia & Pacific
- Australia & New Zealand
- Rest of South Asia & Pacific
- Middle East & Africa
- GCC Countries
- South Africa
- Rest of Middle East and Africa
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.