SAN FRANCISCO, November 5, 2018
SAN FRANCISCO, November 5, 2018 /PRNewswire/ --
Global lawful interception market is expected to grow at a significant CAGR of 24.33% during the period 2018-2022 as the scope and its applications are rising enormously across the globe. Lawful interception (LI) is a facility, which is lawfully sanctioned official access to private communications, like e-mail messages or telephone calls. Countries across the globe are passing and conscripting laws to control lawful interception procedures. Whereas, standardization groups are forming LI technology specifications. The factors that are playing a major role in the growth of lawful interception market are growth in data traffic, increasing number of criminal activities, cross-boundary rules and privacy concerns, and rise in the number of social media platforms. However, saturation of new communication protocols may restrain overall market growth in the years to come.
Lawful interception market is segmented based on the solution, component, network technology, communication technology, end-user, and region. Services, devices, and software are the solutions that could be explored in a lawful interception in the forecast period. Management server, mediation devices, handover interface, routers, switch, intercept access point (IAP), and gateways are the components that could be explored in a lawful interception in the forecast period. Mobile data communication, voice-over-internet-protocol (VoIP), mobile voice telephony, long-term evolution (LTE), integrated services for digital network (ISDN), wireless local area network (WLAN), public switched telephone network (PSTN), worldwide interoperability for microwave access (WiMAX), and digital subscriber line (DSL) are the network technologies that could be explored in lawful interception in the forecast period.
Based on communication technology, file transfer, voice communication, data downloads, video, digital pictures, text messaging, facsimile, and others could classify lawful interception in the forecast period. The market may be categorized based on end-users like enterprises, government departments & statutory bodies, LEAs, and others that could be explored in the forecast period. Lawful interception market is segmented geographically into Americas (North America, South America), Europe (Eastern Europe, Western Europe), Asia Pacific (India, China, Japan, New Zealand, and Australia), Middle East (UAE, Saudi, and Qatar) and Africa (South Africa).Globally, North America may account for the significant market share of lawful interception and is estimated to lead the overall market in the years to come. The reason behind the overall market growth could be the presence of developed infrastructure, growing frequency of cyber-attacks, and the presence of several huge companies and financial institutions. The United States is a major consumer of lawful interception in this region.
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Instead, Europe and the Asia Pacific are also estimated to have a positive influence on the future growth. Europe is the second largest region with significant market share. However, Asia Pacific is estimated to grow at the highest CAGR in the forecast period. The key players of the lawful interception market are ZTE, Cisco Systems, Verint Systems, and Siemens. These players are concentrating on inorganic growth to sustain themselves amidst fierce competition.
The report covers the present scenario and the growth prospects of the global lawful interception market for 2018-2022. To calculate the market size, the report considers the revenue generated from applications such as services, devices, communication content, and network technology. The market is fragmented with the presence of several small and large vendors. Vendors might not be captured in case of unlisted companies.
The market is divided into the following segments based on geography:
Global Lawful Interception Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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