Open Source Intelligence (OSINT) Market Research Report: By Security Type (Human Intelligence, Content Intelligence, Dark Web Analysis, Link/Network Analysis, Data Analytics, Text Analytics, Artificial Intelligence, Big Data, Others) - Forecast till 2027
Pune, India - January 20, 2022 /MarketersMedia/ —
Market Highlights
The open source intelligence (OSINT) market is anticipated to witness healthy growth from 2020 to 2026, a research report suggests. Growing at a CAGR of 17.4%, the market is projected to reach US$7047.7 million by 2026. The increased availability of open-source data is expected to support the market growth along with the rising cyber threats.
Drivers and Restraints
The availability and accessibility of vast unstructured data from various sources paved the way for the implementation of OSINT (Open Source Intelligence) solutions.
Progress in analytics, such as Big Data Analytics, Data Analytics, Text Analytics, Web Analytics, and Social Media Analytics, has increased revenue generation for OSINT market players as it helps companies to draw strategic conclusions from unstructured information. The technology embracing facilitates real-time response to data and security threats that are expected to build demand in the OSINT industry. The governments are taking steps to implement OSINT technology for better functioning in an age of globalization and digitalization. For example, India's government has launched an Open Government Data Platform to support the open data movement, in partnership with the U.S. government. This, in turn, should have a positive influence on OSINT market growth and expansion. Nevertheless, lack of innovation and experience in open source analytics is likely to remain obstacles to market expansion in the next few years.
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Segmentation:
The cyber security sector has seen growth across security type, technology, and application segments owing to a rise in disposable income and the rising industrialization. To study the market, analysts have further segmented security type, technology, and application into artificial intelligence, big data, content intelligence, dark web analysis, data analytics, human intelligence, link/network analysis, text analytics, and others on the basis of security type. The market is further segmented into the technology sub segment which is split into big data software, cybersecurity, social media analysis, text analytics, video analytics, visualization, web analysis, and others. Additionally, the open source intelligence (OSINT) market on the basis of application is segmented into homeland security, military and defense, national security, private sector, public sector, and others.
The segmental analysis presented in the report provides cyber security field based organizations insights into key growth factors such as the growth of communication channels as well as challenges such as the lack of demand from certain regional markets the market will face from 2020 to 2026. High demand across industry verticals and the growing urbanization are some of the key factors having an influence on cyber security industry based companies, suggest analysts as per the open source intelligence (OSINT) market report. But the report also identifies the low demand from developing countries and the lack of developed infrastructure as major threats companies in cyber security will face till 2026.
Regional Analysis:
The global business regional analysis was conducted in four major regions including Asia Pacific, North America, Europe and the rest of the world.
North America currently holds the world market's highest share and is projected to retain its dominance over the duration of the assessment. The generation of unstructured data from advanced technologies coupled with the presence of major players on the market has opened avenues of growth for OSINT technology adoption. In addition, regional market growth can be attributed to the increasing demand for cloud-based security solutions and massive investment in OSINT solutions production. Over the projection era, Europe and Asia Pacific are likely to remain highly significant pockets of development. Due to the strong value held by the IT infrastructure in developing countries like China and India, Asia Pacific is expected to hit the highest CAGR over 2023. Such rapidly growing economies have catalyzed investments in growing security solutions, which are expected to drive the growth of the market. While the global economy has been experiencing slow growth, mature economies have increased investment in developing India and China's public infrastructure. This, in effect, has catapulted an upward trajectory for the Asia Pacific OSINT market.
Competitive Analysis
The major market players operating in the global market as identified by MRFR are Dassault Systèmes(France), Thales (France), Nice systems (Israel), Verint Systems (US), Expert System (Italy), Palantir Technologies, Inc. (US), CybelAngel (Paris), Intrinsec Security Inc.(Canada), Sail Labs (Austria), Digimind (France), KB Crawl (US), Recorded Future Inc.(US), Dataiku (US).
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Open Source Intelligence (OSINT) Market Research Report: By Security Type (Human Intelligence, Content Intelligence, Dark Web Analysis, Link/Network Analysis, Data Analytics, Text Analytics, Artificial Intelligence, Big Data, Others), Technology (Bid Data Software, Video Analytics, Text Analytics, Visualization Tool, Cyber Security, Web Analysis, Social Media Analysis, Others), Application (Military & Defense, Homeland Security, Private Sector, Public Sector, National Security, Others) - Forecast till 2027
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Name: Saurabh Sinha
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Organization: Market Research Future
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Website: https://www.marketresearchfuture.com/reports/open-source-intelligence-market-4545
Source: MarketersMedia
Release ID: 89060834
