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Lawful Interception Market Growing at a CAGR 29.3% | Key Player Utimaco, Vocal Technologies, Aqsacom, Verint, Cisco

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Lawful Interception Market Growing at a CAGR 29.3% | Key Player Utimaco, Vocal Technologies, Aqsacom, Verint, Cisco

January 26
12:20 2022
Lawful Interception Market Growing at a CAGR 29.3% | Key Player Utimaco, Vocal Technologies, Aqsacom, Verint, Cisco
Utimaco (Germany), Vocal Technologies(US), AQSACOM (US), Verint (US), BAE Systems (UK), Cisco (US), Ericsson (Sweden), SS8 Networks. (US), Elbit Systems (US), Matison (Croatia), Shoghi (India), Comint (Mexico), Signalogic (US), IPS S.P.A (Rome), Tracespan (Isreal), Accuris Networks (US), EVE Compliancy Solutions (Netherlands), Squire Technologies (UK), Incognito Software (Canada)
Lawful Interception Market by Component, Network (Fixed Network, Mobile Network), Network Technology Type, Communication Content, Mediation Device, Type of Interception, End User (Lawful Enforcement Agencies, Government) & Region – Global Forecast to 2026

MarketsandMarkets forecasts the global Lawful Interception Market size is expected to grow USD 3.5 billion in 2021 to USD 12.9 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 29.3%  during the forecast period. Rise in cybercrimes in the time of digitalization is increasing the adoption of Lawful Interception Market

Managed services segment to grow at the highest CAGR during the forecast period

The mobile network aids in the monitoring of real-time data from any wireless network. 2G, 3G, 4G, 5G, and other wireless access technologies such as WLAN and WiMAX are all part of the mobile network. The mobile network integrates with most of the leading vendors in the lawful interception market. The emergence of smartphones, laptops, and smart gadgets helps the implementation of lawful interception across networks. Lawful interception for mobile data is implemented in the core network of the operator. In an LTE network, Utimaco LIMS directly interfaces with MME nodes for monitoring control plane data (IRI) and System Architecture Evolution/Packet Data Network Gateway elements for user plane data.

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Government segment is expected to grow at a higher CAGR during the forecast period

Government agencies, such as CIA and NSA in the US, GCHQ in the UK, Ministry of Home Affairs and CBI in India, MSS in China, PSIA of Japan, are among the few government agencies of several countries widely adopting the lawful interception solution. For instance, in India, on 20th December 2018, the Ministry of Home Affairs issued an order authorizing ten security and intelligence agencies to intercept, monitor, and decrypt any information in any computer resource in accordance with the Information Technology Act, 2000. Countries, such as the US and the UK, have adopted mass surveillance programs to combat any threat to their national security.

The major vendors covered in the Lawful Interception market Utimaco (Germany), Vocal Technologies(US), AQSACOM (US), Verint (US), BAE Systems (UK), Cisco (US), Ericsson (Sweden), SS8 Networks. (US), Elbit Systems (US), Matison (Croatia), Shoghi (India), Comint (Mexico) Signalogic (US), IPS S.P.A (Rome), Tracespan (Isreal), Accuris Networks (US), EVE Compliancy Solutions (Netherlands), Squire Technologies (UK), Incognito Software (Canada), GL Communications (US), Septier Communications (Isreal), NetQuest (NJ), ETSI (France), Atos (France), Trovicor (Dubai). These players have adopted various growth strategies, such as partnerships, business expansions, mergers and acquisitions, agreements, and collaborations, new product launches to expand their presence in the digital banking platforms market. Partnerships and new product launches have been the most adopted strategies by major players from 2018 to 2021, which helped them innovate their offerings and broaden their customer base.

Utimaco is a global platform provider for cybersecurity and compliance solutions and services. The company offers products that enable end-users to tackle the issues of terrorism, cybercrimes, and any kind of seditious activity. UTIMACO develops on-premises and cloud-based hardware security modules and key management solutions as well as compliance solutions for telecommunication providers in the field of regulation. The company provides lawful interception and data retention solutions and Hardware Security Modules (HSM). The product offerings are aimed to provide hardware-based high-security appliances and compliance solutions for telecommunications. The company is a major player in the lawful interception market, with product offerings, including Lawful. Interception Management Systems (LIMS) products and Lawful Interception and Data Retention solutions. End-users of LIMS are MNOs, fixed network operators, ISPs, LEAs, and MSPs. Since 1994, the company has deployed over 300 LIMS in over 90 countries across the globe.

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Vocal Technologies is a leading designer of voice, video, fax, and data communications solutions. VOCALs innovative designs are used worldwide under license in millions of mobile, embedded, and networked applications. The company offers a wide range of licensed services, software, and solutions for VoIP, voice, video, facsimile, and data communications. The company offers solutions in the verticals of defense and aerospace, industrial and automotive, telecom (IP, PSTN, and mobile), along with law enforcement and enterprise. Vocal Technologies specializes in voice and VoIP technologies for telephony, network, mobile, and radio applications.

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