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Lawful interception is a procedure for gaining access to a private communication Network that is allowed by the courts.
WILMINGTON, NEW CASTLE, DE, UNITED STATES, December 23, 2024 /EINPresswire / -- According to the report published by Allied
market Research, the global lawful interception market size garnered $3.4 billion in 2021, and is estimated to generate $29.9 billion by 2031, manifesting a CAGR of 24.7% from 2022 to 2031. The report provides an extensive analysis of changing market dynamics, major segments, value chain, competitive scenario, and regional landscape. This research offers a valuable guidance to leading players, investors, shareholders, and startups in devising strategies for the sustainable growth and gaining competitive edge in the market.
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Lawful interception (LI) refers to the ability of law enforcement to eavesdrop on users of communication networks provided they have the authority to do so. It is the government's legally sanctioned access to private communications, such as telephone conversations, e-mail messages, and direct messages. Furthermore, the key factors that drive the growth of the lawful interception market include increase in demand for monitoring, tracking data of players, and surge in demand for chatbots & virtual assistants to interact with followers. In addition, increase in demand for real-time data analytics positively impacts the growth of the lawful interception industry. However, lack of trained & skilled professionals and high implementation and maintenance cost hamper the lawful interception market growth. On the contrary, increase in demand for AI for making future predictions is expected to offer remunerative opportunities for expansion during the lawful interception market forecast.
Depending on network technology, the mobile voice telephony segment garnered the largest lawful interception market share , owing to increase in global communication and surge in amount of traffic managed at mobile voice telephony devices. However, the WLAN segment is expected to grow at the highest rate during the forecast period, owing to rise in number of data communication in enterprises and multi-location nature of businesses.
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The research provides detailed segmentation of the global lawful interception market based on solution, network technology, communication technology, end user, and region. The report discusses segments and their sub-segments in detail with the help of tables and figures. Market players and investors can strategize according to the highest revenue-generating and fastest-growing segments mentioned in the report.
Based on solution, the devices segment held the highest share in 2021, accounting for nearly half of the global lawful interception market, and is expected to continue its leadership status during the forecast period. However, the software segment is expected to register the highest CAGR of 26.1% from 2022 to 2031.
Based on communication technology, the file transfer segment accounted for the highest share in 2021, contributing to nearly one-fifth of the global lawful interception market, and is expected to maintain its lead in terms of revenue during the forecast period. However, the text messaging segment is expected to manifest the highest CAGR of 32.5% from 2022 to 2031.
Based on end user, the government segment accounted for the highest share in 2021, holding nearly three-fourths of the global lawful interception market, and is expected to continue its leadership status during the forecast period. However, the enterprises segment is estimated to grow at the highest CAGR of 26.2% during the forecast period.
Based on region, North America held the largest share in 2021, contributing to more than one-third of the global lawful interception market share, and is projected to maintain its dominant share in terms of revenue in 2031. In addition, the Asia-Pacific region is expected to manifest the fastest CAGR of 28.5% during the forecast period. The research also analyzes regions including Europe and LAMEA.
Leading market players of the global lawful interception market analyzed in the research include
SIEMENS AG,
AQSACOM,
FireEye, Inc.,
INCOGNITO SOFTWARE,
CISCO SYSTEMS, INC.,
JSI Telecom,
Utimaco GmbH,
BAE SYSTEMS,
NICE Ltd.,
SS8 NETWORKS, INC.
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Key Findings of the Study:
By solution, the devices segment accounted for the largest lawful interception market share in 2021.
Region wise, North America generated highest revenue in lawful interception market forecast from 2021-2031.
On the basis of network technology, the mobile voice telephony generated the highest revenue in 2021.
About us :
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies, and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
David Correa
Allied Market Research
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