Analysis of Open Source Intelligence market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
The open source intelligence market is set to witness significant growth of 15% during 2021-2031, owing to increasing adoption of Open Source Intelligence (OSINT) techniques, methods, and tools to acquire information from publicly available online sources. This growth is also attributed to the rise of cyber-attacks and evolving threat landscape targeting enterprise resources for critical security breaches.
The rise in social media platforms such as Facebook and Twitter has recorded and exposed a multitude of different datasets. The technology has been majorly considered as a critical source of valuable and cost efficient intelligence that is derived from publicly available sources. Increase in importance of Open Source Intelligence (OSINT) among several organizations is expected to drive the growth of open source intelligence solutions.
Increase in importance of Open Source Intelligence (OSINT) among several organizations is expected to drive the growth of open source intelligence solutions. Gathering and analyzing the data from open source platform like public social media accounts is been crucial to help organizations to monitor mentions of their brand names in particular locations in order to stay ahead of online slander.
OSINT, is increasingly important for organizations for a number of reasons such as to detect data breaches, protect brand reputation, understand public sentiments, provide real time incident response and for many other reasons.
The number of businesses in the world is rising, and with that rise comes an increasing threat level. The volume of available open source information has increased dramatically. In many ways, the internet has become intertwined with real-world threats. IT security departments within enterprises are increasingly tasked with performing OSINT operations on their own organizations in order to build highest level of operational security, supported by security analytics.
Monitoring of cybersecurity-related blogs in social networks and posts can give security analysts an edge in discovering new threats against ICT infrastructures. The information related to cyber threats is widely available in OSINT on the internet in the form of security feeds, blogs, social networks, and the dark web, which can be effectively used by organizations to deal with latest cyber threats.
U.S. is considered to be the most advanced country in terms of adopting digital technologies and security intelligence tools. The country is the most significant revenue contributor to the global open source intelligence market, due to the early adoption of open source intelligence solutions and strict government security mandates.
OSINT in U.S. is currently in used in certain surveillance systems and forms the foundation of many public intelligence capabilities. The country has high penetration of this technology that can be attributed to encouraging government initiatives to improve and maintain cybersecurity across all federal departments and government agencies. Also, the country is home to multiple open source intelligence vendors, such as Digital Clues, Alfresco Software, Google Inc, Maltego, and among others.
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Europe is the second largest contributor to the open source intelligence market after North America, due to the widespread acceptance of innovations and the upcoming analytics technology among the large numbers of vendors operating in the region. Germany and the U.K. are the top countries contributing to the growth of open source intelligence in Europe.
The vendors across the key European countries such as UK, Germany and France region are adopting various growth strategies, such as product enhancements and new launches, partnerships, and acquisitions, strengthening their position in the market, to stay ahead of the competition.
Moreover, after enacting the GDPR data protection regulation, Europe has shown significant growth in terms of data security and privacy management. The European countries have formed a regulatory body named European Union Agency for Cybersecurity (ENISA), which has been working to make Europe cyber secure. Thus, the stringentdata security government regulations in the region is expected to drive the growth of open source intelligence solutions, in the coming years.
Some of the leading vendors and companies of open source intelligence include
Key players in the open source intelligence market are focusing on product innovation and strategic partnerships with the regional vendors to collaborate for offering advanced open source intelligence solutions to effectively manage their business operations.
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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
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.
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Open source intelligence market is estimated to grow at a CAGR of 16.5% during the forecast period.
Rising government measures to prevent the theft of both corporate and personal data are encouraging government intelligence services to utilize open-source intelligence.
Europe is likely to be a region with lucrative opportunities for the open source intelligence manufacturers.
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