Overview:
The open source intelligence (OSINT) market is rapidly encompassing the virtual world as the need for sieving information increases at a galloping speed. Previously, information through open source was a paltry affair. But the boom ushered in by digitalization, changed the way it used to be conceived before. Now with open source intelligence’s ability to sift the data from unclassified sources to initiate smooth operation can be considered a boon. It segregates good information by restricting the irrelevant ones and simplifies massive blocks. With the need for optimal operational strategies to stay in sync with the fast-paced progress in every industry, the open source intelligence market is bound to get momentum like never before. The global Open Source Intelligence Market is touted to surpass USD 7,000 million valuation during the forecast period (2018-2023) from its previous valuation of USD 2,866 million in 2017. The report published by Market Research Future (MRFR) has in its ambit the factors that can significantly accelerate the spell the open source intelligence market is having now and segmental analysis for a better understanding of the market in the coming years.
The need for a better and simplified data mining process is performing well for the open source intelligence market. This desire pushes the use of open source public database forward which is founded upon the benefits of OSINT, and both compliments each other in terms of finance. At the same time, this primary mode of screening reduces the risk of cybercrimes which poses a lot of threats to not organizations, but individuals as well. In addition, significant progress in big data, data analytics, text analytics, and artificial intelligence has the potential to increase the open source intelligence market gamut in the foreseeable future.
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Key Players:
The open source intelligence market holds some of the major key players like, Palantir Technologies (U.S.), Expert System (Italy), Exalead Dassault Systemes (France), Thales Group (France), CybelAngel (France), Intrinsic Technologies (U.S.), SAIL LABS Technology GmbH (Austria), Digimind (U.S.), KB Crawl SAS (France), Verint (U.S.), Recorded Future (U.S.), Datalkz (UAE).
Segmentation:
Based on security type, the open source intelligence market can be segmented by human intelligence, content intelligence, dark web analysis, link/network analysis, data analytics, text analytics, artificial intelligence, big data, and others. Artificial intelligence segment is getting huge traction which can be considered beneficial for the open source intelligence market. The content intelligence segment is expected to accrue a steep 20.14% CAGR rise.
By technology, the open source intelligence market comprises big data software, video analytics, text analytics, visualization tool, cyber security, web analysis, social media analysis, and others. Cybersecurity segment is set to control the market and reach a valuation of USD 1,584.3 million by 2023.
Application-wise, the open source intelligence market includes military & defense, homeland security, private sector, public sector, national security, and others. Military & defense segment is all set to attain a CAGR of 18.51% during the forecast period.
Regional Analysis:
A geographic overview of the open source intelligence market includes North America, Europe, Asia Pacific (APAC), and the Rest-of-the-World (RoW).
North America can be acknowledged as the leader of the global open source intelligence market. The credit goes to the regional infrastructural superiority which relies heavily on the market titans employing several strategies and innovations to create more scope for the market to percolate. Furthermore, it is getting driven ahead by the exponential growth of the cloud-based security solutions and capital investments made by both government and private sectors.
The APAC region, along with Europe is going to witness significant growth. Europe is gaining much from its similar features like that of North America. However, it is the APAC region that can score the most with the highest CAGR during the forecast period. China and India are expected to move forward rapidly.
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Intended Audience
- Software providers
- Network Solutions providers
- Network security providers
- Consumer goods and retail units
- Logistics solutions providers
- Research firms
- Software investors
- Software Developers
- IT enablers
- Database providers
- Cloud service providers
- Wireless service providers
- Telecommunication companies
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