Lawful Interception Market to Reach US$ 10.2 Billion by 2028

Posted by Zayn Mathew
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Jul 3, 2020
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IMARC Group, a leading market research company, has recently released a report titled “Lawful Interception Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global lawful interception market research report, share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights :

Report AttributesDetails
Market Size in 2022US$ 3.7 Billion
Market Forecast in 2028US$ 10.2 Billion
Growth rate (2023 to 2028)CAGR of 17.5%
Base Year of the Analysis2022
Forecast Period2023-2028

Lawful interception (LI) refers to the legally approved surveillance of telecommunication services, such as mobile services, data, internet, and voice retail. It supports law enforcement and intelligence agencies (LEAs) in identifying, monitoring, and delivering electronic communication to individuals. It simplifies the lawful access of law enforcement entities to requested data and quickly identifies and analyzes data from numerous sources. It also enables telecom operators to intercept phone calls, messages, and emails in real-time through wireless, wired, and mobile networks. LI assists in investigating criminal activities and terrorist operations across the globe.     

How big is the lawful interception market?

The global lawful interception market size reached US$ 3.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 10.2 Billion by 2028, exhibiting a growth rate (CAGR) of 17.5% during 2023-2028.

What are the growth prospects and trends in the lawful interception industry?

At present, the increasing adoption of LI due to the increasing number of cybercrimes around the world represents one of the key factors contributing to the market growth. Besides this, the growing demand for a LI to fulfill the need for real-time data analytics is offering a positive market outlook. Apart from this, the rising demand for advanced communication, such as virtual assistance (VA) and chatbots, is propelling the growth of the market. Moreover, governing agencies of several countries are undertaking initiatives to enhance their cybersecurity, which is bolstering the growth of the market. Furthermore, the rising demand for a LI to monitor and track data of individuals around the world is strengthening the market growth.       

Request your free sample copy of this report:-  https://www.imarcgroup.com/lawful-interception-market/requestsample

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup 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

Breakup by Device:

  • Mediation Devices
  • Routers
  • Intercept Access Point (IAP)
  • Gateways
  • Switches
  • Management Servers
  • Others

Breakup by Communication Content:

  • Voice Communication
  • Video
  • Text Messaging
  • Facsimile
  • Digital Pictures
  • File Transfer
  • Others

Breakup by Service:

  • Professional Services
  • Managed Services
  • System Integrators

Breakup by End User:

  • Government & Public Affairs
  • Law Enforcement Agencies
  • Small & Medium Enterprises

Regional Insights:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa

Who are the key players operating in the industry?

The report covers the major market players including:

  • AQSACOM, Inc.,
  • Cisco Systems, Inc.,
  • Incognito Software Systems Inc.,
  • Net Optics (Ixia),
  • NetScout Systems, Inc.,
  • Siemens Aktiengesellschaft,
  • SS8 Networks, Inc.,
  • Utimaco GmbH,
  • Verint Systems Inc.,
  • ZTE Corporation.

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

Related Report by IMARC Group : https://cityoftips.com/2023/05/24/india-biopsy-devices-market-worth-us-118-8-million-by-2028/

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