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Lawful Interception Global Market Sees Growth Rate Of 22% Through 2022

2 May, 2022

The global lawful interception market size is expected to grow from $2.96 billion in 2021 to $3.57 billion in 2022 at a compound annual growth rate (CAGR) of 20.64%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The lawful interception market is expected to reach $7.86 billion in 2026 at a CAGR of 21.84%.

What is the Global Lawful Interception Market?

The lawful interception market consists of sales of lawful interception and related services by entities (organizations, sole traders, partnerships) that refers to the legally authorized surveillance or security process in which a network operator or service provider collects and provides law enforcement officials with intercepted communications of private individuals or organizations. Lawful interception is considered an essential tool for investigating and litigating criminal activities. It simplifies the investigation process by collecting evidence for better inspection and is administered by applying a physical wiretap on telephone lines, mobile data, emails, instant messaging, and other internet-based services.

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What drives the Global Lawful Interception Market?

The increasing cybercrimes are expected to propel the growth of the lawful interception market. Cybercrimes are defined as the increasing number of cyber-attacks through social media, the internet, and hacking software. The increased cybercrimes are responsible for the growth of lawful interceptions as it is a key tool for identifying crimes. For instance, according to the Legal jobs portal, Data breaches exposed over 4 billion records and was doubled to 9.6 billion by the end of the year it involves 28% of the malware 52% of hacking and 26% of cybercrimes were by intentions traced to espionage and other such reasons. Therefore, increasing cybercrimes drive the lawful interception market.

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Global Lawful Interception Market Segments
The global lawful interception market is segmented:
By Device: Mediation Devices, Routers, Intercept Access Point (IAP), Gateways, Switches, Management Servers, Others
By Network Technology: Voice-Over-Internet Protocol (VoIP), Long Term Evolution (LTE), Wireless Local Area Network (WLAN), Worldwide Interoperability for Microwave Access (WiMAX), Digital Subscriber Line (DSL), Public Switched Telephone Network (PSTN), Integrated Services for Digital Network (ISDN), Others
By Communication Content: Voice Communication, Video, Text Messaging, Facsimile, Digital Pictures, File Transfer
By End User: Lawful Enforcement Agencies, Government
By Geography: The regions covered in the lawful interception market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Lawful Interception Global Market Report 2022 provides market size and growth forecasts for the global lawful interception market, global lawful interception market share, lawful interception market segments and geographies, lawful interception market competitive landscape including leading competitors’ revenues, profiles and market shares. The lawful interception market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Global Lawful Interception Industry Players include Utimaco, Vocal Technologies, AQSACOM, Verint, BAE Systems, SS8 Networks., Signalogic, IPS S.P.A, Tracespan, Accuris Networks, EVE Compliancy Solutions, Squire Technologies, Incognito Software, Incognito Software, Net Optics and Ixia. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.