Open source intelligence market to experience lucrative growth over the period 2020-2027 – AMR study
Increasing adoption of open source intelligence tools among various organizations and increasing demand for cloud-based OSINT among SMEs is driving market growth
PORTLAND, PORTLAND, OR, UNITED STATES, Aug 9, 2021 /EINPresswire.com/ – The main purpose of the open source intelligence tool is to cleanse, reorganize and improve the raw data available in the desired format to enable a informed and better-to-do decision in less time.
The increase in adoption of open source intelligence among various organizations, the increase in demand for cloud-based open source intelligence from SMBs, and the growing need for insights for business planning are driving the growth of the global open source intelligence market. The growing demand for data collection from publicly available sources to gain crucial business information will drive the growth of the industry.
The global open source intelligence market was valued at $ 5.02 billion in 2019 and is expected to reach $ 29.19 billion by 2027, with a CAGR of 24.7% from 2020 to 2027.
The open source intelligence market is analyzed based on source, technique, end user, and region. On the basis of technique, the security analysis segment held the largest market share in 2019, with more than a third of the global market. On the other hand, the video analytics segment is expected to post the highest CAGR of 26.0% during the forecast period. The report also covers segments such as text analysis, social media analysis, geospatial analysis, and others.
On the basis of end user, the market is categorized into government intelligence agencies, military and defense intelligence agencies, cybersecurity organizations, law enforcement agencies, financial services, specialized private companies, and others. The cybersecurity organizations segment held the largest share in 2019, accounting for almost a third of the global market. However, the law enforcement segment is expected to register the fastest CAGR of 28.1% during the forecast period.
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Profiling of key players: OffSec Service Limited, Octogenence Technologies Pvt. Ltd., Palantir Technologies Inc., Recorded Future, Inc., Alfresco Software Inc., Digital Clues, Expert Systems SpA, Google LLC, Maltego Technologies GmbH and Thales Group.
With regard to regions, the market is analyzed across various regions including North America, Europe, LAMEA, and Asia-Pacific. The North America region market contributed the largest market share in 2019, accounting for over a third of the total revenue share. At the same time, the global open source intelligence market in Asia-Pacific is expected to post the highest CAGR of 26.2% between 2020 and 2027.
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Some major points of the table of contents covered:
2. Market overview
3. Market by source
4. Market by technique
5. Market by end user
6. Market by region
7. Company profiles
In addition, the research report examines:
1. Competitive companies and manufacturers in the world market
2. By product type, applications and growth factors
3. Industry Status and Outlook for Major Applications / End Users / Area of Use
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