The Lawful Interception Market was estimated around USD 3.2 billion in 2021 and is predicted to grow at a CAGR of 21.5% over the forecast period (2021-2028), and is anticipated to reach USD 15.2 billion in 2029.
The factors driving the growth of Lawful Interception Market includes rise concerns related to cybercrimes, drug trafficking, and terrorism related activities around the world, growing demand for chatbots and virtual assistants, increasing penetration of smartphones and tablets and improvements in the living standards. Moreover, Government initiatives promoting digitalization, rise in the number of data centers across the globe, commercialization of 5G technology, technological innovations in the lawful interception systems, increase in the launch of innovative products and rapid urbanization, are some of the additional factors supplementing the market growth. In addition, the increasing investments by leading players on research and development, rising disposable incomes and growing population growth rates, are further contributing towards the Lawful Interception Market size.
However, growth of the Lawful Interception Market is hindered due to rising concerns over protection and secrecy of intercepted data.
Request For a FREE Sample Report on Lawful Interception Market
The prominent players operating in the market are Atos SE, Accuris Networks Inc, Signalogic Inc, Ericsson Inc, Vocal Technologies Ltd, BAE Systems Inc, Tracespan Communications, Cisco Systems Inc, Utimaco GmbH, and Verint System Inc., among others.
Based on Component, the Solution segment is predicted to grow at significant CAGR during the forecast period
Lawful interception solutions help telecom operators and ISPs to intercept calls and data while maintaining highest data protection, is the major factor propelling growth of the segment.
Based on Network, the Mobile Network segment is projected to expand at a robust CAGR over the forecast period
Increasing penetration of smartphones and tablets across the globe and rise in the number of 5G trials worldwide, are pushing growth of the segment.
Based on Region, the North American region is anticipated to expand at a remarkable CAGR during the forecast period
Presence of the leading players such as Verint System Inc., Cisco Systems Inc and Signalogic Inc, increasing concerns related to cybercrimes and drug trafficking, rising number of data centers, growing population growth rates and high per capita incomes, are some of the important factors augmenting the market growth in North American region.
Market Segmentation
Segmentation by Component
- Solution
- Services
Segmentation by Network
- Fixed network
- Mobile Network
Segmentation by Mediation Devices
- Routers
- Switches
- Gateway
- Handover Interface (HI)
- Intercept Access Point (IAP)
- Management Server
Segmentation by Type
- Active
- Passive
- Hybrid
Segmentation by End User
- Government
- Law Enforcement Agency (LEAs)
Segmentation by Region
- Asia Pacific
- China
- Japan
- India
- Rest of APAC
- North America
- United States of America
- Canada
- Europe
- United Kingdom
- Germany
- France
- Spain
- Rest of Europe
- RoW
- Brazil
- South Africa
- Saudi Arabia
- UAE
About GMI Research
GMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.
Media Contact
Company Name: GMI RESEARCH
Contact Person: Sarah Nash
Email: enquiry@gmiresearch.com
Phone: Europe – +353 1 442 8820; US – +1 860 881 2270
Address: Dublin, Ireland
Website: www.gmiresearch.com
