Uploaded on Jun 10, 2020
Global Lawful Interception Market was valued at USD 2.26 Billion in 2018 and is expected to register a CAGR of 19.1% during the forecast period
Lawful Interception Market Share
Market Highlights The global lawful interception market was valued at USD 2.26 Billion in 2018 and is expected to register a CAGR of 19.1% during the forecast period. The geographic analysis of the market has been conducted for North America, Europe, Asia-Pacific, the Middle East & Africa, and South America. Segmentation: The Global Lawful Interception Market Share has been segmented based on Component, Network, Mediation Device, Type of Interception, End User, and Region/Country. By component, the global lawful interception market has been segmented into solution and service. The service segment has further been divided into consulting, system integration, and support and maintenance. By network, the global lawful interception market has been segmented into fixed network and mobile network. Based on mediation device, the global lawful interception market has been segmented into routers, switches, gateways, handover interfaces, intercept access points, and management servers. Regional Analysis North America is expected to be the dominant region in terms of the adoption of lawful interception services and solutions. The North American market has been segmented into the US, Canada, and Mexico. The US is the leading country-level market, while Canada is projected to be the fastest- growing segment during the forecast period. The US accounted for the highest market share, owing to the high demand for lawful interception solutions and services from government and law enforcement agencies. Also, the presence of key players is expected to be one of the major factors driving the growth of the market. Key players, such as Cisco Systems Inc., Verint, SS8 Networks Inc., Signalogic, and Vocal Technologies along with several other start-ups in the region are offering enhanced lawful interception solutions and services to cater to the needs of the law enforcement agencies. For the purpose of analysis, the European market has been divided into the UK, Germany, France, and the rest of Europe. In terms of size, Europe is expected to be the second-largest market. The UK is projected to be the leading country-level market, while Germany is expected to register the highest growth over the review period. The driving factors for the growth of these country-level markets are their well-established economies and advanced networking infrastructures. The advanced networking technologies such as 5G and virtualization of networks have led to growth in the number of advanced cyberattacks as well as domestic terrorism. The market in Asia-Pacific is projected to grow at the fastest rate over the forecast period, with the regional market being segmented into China, Japan, India, and the rest of Asia-Pacific. The rapid economic growth in major countries such as China, Japan, India, and the rapid digital transformation of enterprises across verticals are the key factors driving the growth of the lawful interception market in the region. The growing deployment of 5G networks, and the growth in the number of cyberattacks internationally as well as from domestic terrorist agencies in this region offer lucrative opportunities for lawful interception vendors. The markets in the Middle East & Africa and South America are expected to register steady growth during the forecast period with the growing number of mobile devices and rapid digitalization giving rise to advanced cyberattacks. The law enforcement agencies and governments in these regions are expected to adopt lawful interception solutions. Key Players According to MRFR analysis, Verint (US), SS8 Networks Inc. (US), Utimaco GmbH (Germany), Cisco Systems Inc. (US), Ericsson (Sweden), ATOS (France), Accuris Networks (Ireland), EVE Compliancy Solutions (Netherlands), Squire Technologies (Netherlands), Elbit Systems (Israel), Signalogic (US), Comint (India), IPS S.P.A (Italy), Tracespan Communications (Israel), and BAE Systems (UK) are the key players in the market. The key strategies adopted by most of the players are partnerships, agreements, and collaborations. The other players in the global lawful interception market include Aqsacom (France), Trovicor Networks (UAE), Matison (Croatia), Shoghi Communications (India), and Vocal Technologies (US).
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