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Home Artificial Intelligence

Lawful Interception Market to Reach $29.9 Billion by 2031, Driven by Increasing Cybersecurity and Regulatory Demands: Allied Market Research

November 12, 2024
in Artificial Intelligence, OpenPR, Web3
Reading Time: 6 mins read
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Lawful Interception Market to Reach $29.9 Billion by 2031,

According to the report published by Allied Market Research, the global lawful interception market size garnered $3.4 billion in 2021, and is estimated to generate $29.9 billion by 2031, manifesting a CAGR of 24.7% from 2022 to 2031. The report provides an extensive analysis of changing market dynamics, major segments, value chain, competitive scenario, and regional landscape. This research offers a valuable guidance to leading players, investors, shareholders, and startups in devising strategies for the sustainable growth and gaining competitive edge in the market.

🔰 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 – https://www.alliedmarketresearch.com/request-sample/340

Lawful interception (LI) refers to the ability of law enforcement to eavesdrop on users of communication networks provided they have the authority to do so. It is the government’s legally sanctioned access to private communications, such as telephone conversations, e-mail messages, and direct messages. Furthermore, the key factors that drive the growth of the lawful interception market include increase in demand for monitoring, tracking data of players, and surge in demand for chatbots & virtual assistants to interact with followers. In addition, increase in demand for real-time data analytics positively impacts the growth of the lawful interception industry. However, lack of trained & skilled professionals and high implementation and maintenance cost hamper the lawful interception market growth. On the contrary, increase in demand for AI for making future predictions is expected to offer remunerative opportunities for expansion during the lawful interception market forecast.

Depending on network technology, the mobile voice telephony segment garnered the largest lawful interception market share, owing to increase in global communication and surge in amount of traffic managed at mobile voice telephony devices. However, the WLAN segment is expected to grow at the highest rate during the forecast period, owing to rise in number of data communication in enterprises and multi-location nature of businesses.

Leading market players of the global lawful interception market analyzed in the research include 𝐒𝐈𝐄𝐌𝐄𝐍𝐒 𝐀𝐆, 𝐀𝐐𝐒𝐀𝐂𝐎𝐌, 𝐅𝐢𝐫𝐞𝐄𝐲𝐞, 𝐈𝐧𝐜., 𝐈𝐍𝐂𝐎𝐆𝐍𝐈𝐓𝐎 𝐒𝐎𝐅𝐓𝐖𝐀𝐑𝐄, 𝐂𝐈𝐒𝐂𝐎 𝐒𝐘𝐒𝐓𝐄𝐌𝐒, 𝐈𝐍𝐂., 𝐉𝐒𝐈 𝐓𝐞𝐥𝐞𝐜𝐨𝐦, 𝐔𝐭𝐢𝐦𝐚𝐜𝐨 𝐆𝐦𝐛𝐇, 𝐁𝐀𝐄 𝐒𝐘𝐒𝐓𝐄𝐌𝐒, 𝐍𝐈𝐂𝐄 𝐋𝐭𝐝., 𝐒𝐒𝟖 𝐍𝐄𝐓𝐖𝐎𝐑𝐊𝐒, 𝐈𝐍𝐂.

👉 𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰: https://www.alliedmarketresearch.com/world-lawful-interception-market/purchase-options

The research provides detailed segmentation of the global lawful interception market based on solution, network technology, communication technology, end user, and region. The report discusses segments and their sub-segments in detail with the help of tables and figures. Market players and investors can strategize according to the highest revenue-generating and fastest-growing segments mentioned in the report.

𝐁𝐚𝐬𝐞𝐝 𝐨𝐧 𝐬𝐨𝐥𝐮𝐭𝐢𝐨𝐧, the devices segment held the highest share in 2021, accounting for nearly half of the global lawful interception market, and is expected to continue its leadership status during the forecast period. However, the software segment is expected to register the highest CAGR of 26.1% from 2022 to 2031.

𝐁𝐚𝐬𝐞𝐝 𝐨𝐧 𝐜𝐨𝐦𝐦𝐮𝐧𝐢𝐜𝐚𝐭𝐢𝐨𝐧 𝐭𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲, the file transfer segment accounted for the highest share in 2021, contributing to nearly one-fifth of the global lawful interception market, and is expected to maintain its lead in terms of revenue during the forecast period. However, the text messaging segment is expected to manifest the highest CAGR of 32.5% from 2022 to 2031.

𝐁𝐚𝐬𝐞𝐝 𝐨𝐧 𝐞𝐧𝐝 𝐮𝐬𝐞𝐫, the government segment accounted for the highest share in 2021, holding nearly three-fourths of the global lawful interception market, and is expected to continue its leadership status during the forecast period. However, the enterprises segment is estimated to grow at the highest CAGR of 26.2% during the forecast period.

𝐁𝐚𝐬𝐞𝐝 𝐨𝐧 𝐫𝐞𝐠𝐢𝐨𝐧, North America held the largest share in 2021, contributing to more than one-third of the global lawful interception market share, and is projected to maintain its dominant share in terms of revenue in 2031. In addition, the Asia-Pacific region is expected to manifest the fastest CAGR of 28.5% during the forecast period. The research also analyzes regions including Europe and LAMEA.

✅ 𝐈𝐧𝐭𝐞𝐫𝐞𝐬𝐭𝐞𝐝 𝐭𝐨 𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐭𝐡𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭? 𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 – https://www.alliedmarketresearch.com/purchase-enquiry/340

𝐊𝐞𝐲 𝐅𝐢𝐧𝐝𝐢𝐧𝐠𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐒𝐭𝐮𝐝𝐲:

By solution, the devices segment accounted for the largest lawful interception market share in 2021.

Region wise, North America generated highest revenue in lawful interception market forecast from 2021-2031.

On the basis of network technology, the mobile voice telephony generated the highest revenue in 2021.

𝐂𝐨𝐧𝐭𝐚𝐜𝐭:
David Correa
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About Us:
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 domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. 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.

This release was published on openPR.

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