10-Jan-2020 | Facts and Factors
Facts and Factors Market Research has published a new report titled “Open Source Intelligence Market By Security (Human Intelligence, Content Intelligence, Link/Network Analytics, Data Analytics, Artificial Intelligence, & Big Data Security), By Technology (Big Data Software, Video Analytics, Text Analytics, Visualization Tools, Cyber Security, Web Analytics, & Others), By Application (Military & Defense, Private Sector, Public Sector, National Security, & Others), And By Regions - Global & Regional Industry Perspective, Comprehensive Analysis, and Forecast 2021 – 2026”. According to the report, the global Open Source Intelligence market is predicted to be valued at approximately USD 6.3 Billion in 2020 and is expected to reach a value of around USD 28.34 Billion by 2026, at a CAGR of around 19.9% between 2021 and 2026.
Open-source intelligence is the information gathered from publicly accessible sources that are to be utilized from an intelligence perspective. In the intelligence community, the terminology ‘open’ is referred to as overt and is related to collective intelligence or open-source software. Furthermore, open-source intelligence finds a plethora of applications in national security, business intelligence, and legal enforcement agencies. Additionally, it adds value to the work of analysts using non-sensitive intelligence for answering categorized, non-classified, and proprietary intelligence needs of myriad intelligence domains.
Browse the full “Open Source Intelligence Market By Security (Human Intelligence, Content Intelligence, Link/Network Analytics, Data Analytics, Artificial Intelligence, & Big Data Security), By Technology (Big Data Software, Video Analytics, Text Analytics, Visualization Tools, Cyber Security, Web Analytics, & Others), By Application (Military & Defense, Private Sector, Public Sector, National Security, & Others), And By Regions - Global & Regional Industry Perspective, Comprehensive Analysis, and Forecast 2021 – 2026” Report at https://www.fnfresearch.com/open-source-intelligence-market-by-sources-public-government-143
Breakthroughs in unstructured data analytics will steer the business trends
Today, unstructured data analysis has become an aphorism or a catchphrase. In addition to this, developments taking place in unstructured data analytics have opened new vistas for the business. Moreover, the unstructured data is likely to garner more popularity due to its ability to assist the firms to know their consumers & deliver them excellent goods & services.
Furthermore, large-scale usage of social networking sites has increased the proportion of user-generated content. This includes images or pictures, personal or professional information sharing, video, and forums. This increased amount of user-generated content helps the intelligence units to collate as well as examine the real-time data, thereby steering the market growth over the forecast period. Nonetheless, issues pertaining to trust as well as credibility are anticipated to impede the growth of the open-source intelligence industry over the forecast timeframe. However, rapid developments taking place across big data analytics and AI are predicted to enable the conversion of a large number of data points into manageable databases for intelligence analysts. This will offer new growth avenues for the market over the forecast timeline, thereby nullifying the impact of the hindrances on the market over the forecast period.
On-Premises to dominate the deployment type segment by 2027 in terms of value
The growth of the segment during the forecast timeline is owing to the one-time deployment costs. Furthermore, small-sized firms have issues pertaining to security & on-premises equip these firms with a robust data security facility.
National security segment to contribute majorly towards the overall market revenue share by 2027
The segmental surge during the forecast period is credited to the use of open-source intelligence data for the purpose of strategic planning at the national level to combat criminal activities. Apart from this, the open-source intelligence is predicted to offer the national security agency the ability to improve the security intelligence to fight terrorist activities and thereby safeguard national interests.
Asia Pacific to dominate the overall market growth by 2027
The growth of the market in the Asia Pacific zone during the period from 2019 to 2027 is owing to swift digitization along with large-scale demand for open-source intelligence data by government institutes across the region.
Top Market Players
The key market participants for the global open source intelligence market are Alfresco Software plc., Digital Clues, Expert Systems S.p.A., Google LLC, Maltego Technologies, Inc., OffSec Service Limited, Octogence Technologies Pvt. Ltd., Palantir Technologies, Inc., Recorded Future, Inc., S.A.S, Dassault Systems SE, Digimind S.A., and NetSentries Technologies, Inc., among others.
This report segments the Open Source Intelligence market as follows:
Global Open Source Intelligence Market: By Security Segment Analysis
Global Open Source Intelligence Market: By Technology Segment Analysis
Global Open Source Intelligence Market: By Application Segment Analysis
Open Source Intelligence Market: Regional Segment Analysis
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