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Lawful Interception Market to Reach $6.82 Billion, Globally, by 2026 at 22.6% CAGR: Allied Market Research

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Allied Market Research

07 Jul, 2020, 13:00 GMT

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Increase in number of criminal activities, surge in interception warrants, and rise in volume of data traffic and security threats drive the growth of the global lawful interception market

PORTLAND, Oregon, July 7, 2020 /PRNewswire/ -- Allied Market Research published a report, titled, "Lawful Interception Market by Solution (Devices, Software, and Services), Network Technology (Voice-Over-Internet Protocol (VoIP), Wireless Local Area Network (WLAN), Digital Subscriber Line (DSL), Public Switched Telephone Network (PSTN), Mobile Voice Telephony, Mobile Data, and others), Communication Content (Voice Communication, Video, Text Messaging, Data Downloads, File Transfer, and Others), and End User (Government and Enterprises): Global Opportunity Analysis and Industry Forecast, 2019–2026." According to the report, the global lawful interception industry was estimated at $1.37 billion in 2018, and is expected to reach $6.82 billion by 2026, registering a CAGR of 22.6% from 2019 to 2026.

Download Sample Report: https://www.alliedmarketresearch.com/request-sample/1213

Drivers, restraints, and opportunities

Increase in number of criminal activities, surge in interception warrants, and rise in volume of data traffic and security threats drive the growth of the global lawful interception market. However, issues related to maintenance of privacy and stringent regulations posed by government bodies hinder the market growth. On the other hand, advancements in network technologies and prominence popularity of social media communications create new opportunities in coming years. 

The long-term evolution (LTE) segment to portray the highest growth rate

Based on network technology, the long-term evolution (LTE) segment is estimated to portray the highest CAGR of 28.4% from 2019 to 2026, owing to high-speed voice and data communication. However, the mobile voice telephony segment accounted for the largest market share in 2018, holding nearly one-fourth of the global lawful interception market, and is estimated to contribute its highest contribution during the forecast period. This is attributed to availability of high-speed internet technologies and utilization of conventional non-data voice calls.

Get detailed COVID-19 impact analysis on the Lawful Interception Market

The voice communication segment to maintain its lead status by 2026

Based on communication content, the voice communication segment held nearly one-third of the global lawful interception market in terms of revenue in 2018, and is projected to maintain its lead status by 2026. This is due to the creation of new technologies and presence of communication platforms by law enforcement agencies. Contrarily, the video segment is expected to portray the largest CAGR of 26.1% from 2019 to 2026, owing to emergence of 3G, 4G, and LTE wireless communications along with rise in number of smartphone users.

North America to maintain its dominance throughout the forecast period

Based on region, North America contributed to more than one-third of the global lawful interception market share in 2018, and is estimated to maintain its dominance throughout the forecast period. This is attributed to rise in the criminal and terrorist activities with extensive usage of internet. However, Asia-Pacific is expected to contribute to the highest CAGR of 24.5% from 2019 to 2026, owing to surge in adoption of efficient telecommunication technologies in various countries including Korea, Japan, and China.

For Purchase Inquiry: https://www.alliedmarketresearch.com/purchase-enquiry/1213

Leading market players

  • AQSACOM
  • BAE Systems
  • Cisco Systems, Inc.
  • FireEye, Inc.
  • Incognito Software
  • Ixia
  • NICE Ltd.
  • Siemens AG
  • Verint Systems Inc.
  • ZTE Corporation

Access AVENUE- A Subscription-Based Library (Premium on-demand, subscription-based pricing model) at:
https://www.alliedmarketresearch.com/library-access

Avenue is a user-based library of global market report database, provides comprehensive reports pertaining to the world's largest emerging markets. It further offers e-access to all the available industry reports just in a jiffy. By offering core business insights on the varied industries, economies, and end users worldwide, Avenue ensures that the registered members get an easy as well as single gateway to their all-inclusive requirements.

Avenue Library Subscription | Request for 14 days free trial of before buying:
https://www.alliedmarketresearch.com/avenue/trial/starter

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About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:

David Correa
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#205, Portland, OR 97220
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