Connect with us

Technology

Lawful Interception (LI) Market size is set to grow by USD 14.35 billion from 2024-2028, Increasing vulnerability to crime and terrorism to boost the market growth, Technavio

Published

on

NEW YORK, July 12, 2024 /PRNewswire/ — The global lawful interception (LI) market  size is estimated to grow by USD 14.35 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of about 32.57%  during the forecast period.  Increasing vulnerability to crime and terrorism is driving market growth, with a trend towards recent developments by vendors of lawful interception solutions. However, security and privacy concerns regarding lawful interception  poses a challenge. Key market players include AQSACOM Inc., BAE Systems Plc, Cisco Systems Inc., Dreamlab Technologies AG, Incognito Software Systems Inc., IPS Intelligence and Public Security Spa, Keysight Technologies Inc., Musarubra US LLC, Pert Telecom Solutions Pvt. Ltd., Progress Software Corp., RCS ETM SICUREZZA Spa, Signalogic Inc., SIO Spa, SS8 Networks Inc., SSI PACIFIC PTY LTD., TelcoBridges Inc., Telefonaktiebolaget LM Ericsson, Utimaco GmbH, Verint Systems Inc., and ZTE Corp..

Get a detailed analysis on regions, market segments, customer landscape, and companies – Click for the snapshot of this report

Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

End-user (Law enforcement agencies and Enterprises), Component (Solutions and Services), and Geography (North America, Europe, APAC, Middle East and Africa, and South America)

Region Covered

North America, Europe, APAC, Middle East and Africa, and South America

Key companies profiled

AQSACOM Inc., BAE Systems Plc, Cisco Systems Inc., Dreamlab Technologies AG, Incognito Software Systems Inc., IPS Intelligence and Public Security Spa, Keysight Technologies Inc., Musarubra US LLC, Pert Telecom Solutions Pvt. Ltd., Progress Software Corp., RCS ETM SICUREZZA Spa, Signalogic Inc., SIO Spa, SS8 Networks Inc., SSI PACIFIC PTY LTD., TelcoBridges Inc., Telefonaktiebolaget LM Ericsson, Utimaco GmbH, Verint Systems Inc., and ZTE Corp.

 

Key Market Trends Fueling Growth

Several vendors are actively shaping the global lawful interception market through strategic initiatives. In August 2022, SS8 Networks, a prominent lawful interception solution provider, expanded its software development team to cater to growing international demand. This team will focus on enhancing SS8’s flagship offerings, including Intellego XT, Xcipio, and Location Intelligence, based in Toronto. In contrast, Cisco, a leading enterprise networking and security company, began delivering AI-driven Cisco Security Cloud in June 2023. Cisco’s investment in advanced AI and machine learning innovations aims to streamline security operations and boost efficiency, enabling users to work securely from anywhere despite the evolving threat landscape. These strategic moves by key players will fuel the expansion of the global lawful interception market. 

The Lawful Interception (LI) market is witnessing significant growth as network providers upgrade their network technology to support increasing packet data volume from smartphones, tablets, and other communication devices. Network security is a top priority, with service providers seeking real-time data analytics to detect and prevent security threats from terrorist networks, cybercrimes, and criminal operations. Physical monitoring tools are being replaced by software-based solutions, including cloud-based interception solutions, for VoIP, PSTN, WiMAX, WLAN, and various communication modalities. AQSACOM Innovating Intelligence leads the way with advanced software for audio-video calls, text messaging, and voice communication. Virtual network security and virtualization are key trends, with cloud computing and cloud security regulations driving demand for LI services. SPs must balance the need for comprehensive interception capabilities with the challenges of complying with regulations and protecting privacy. Overall, the LI market is expected to continue growing as communication technology evolves and new threats emerge. 

Discover 360° analysis of this market. For complete information, schedule your consultation- Book Here!

Market Challenges

Lawful Interception (LI) refers to the process authorized by law enforcement agencies to access individual subscribers’ communications data through court orders or legal authorization. This practice raises concerns regarding data accuracy, privacy, and security. Interception solution providers face potential risks of unauthorized access to sensitive information by their employees. Legitimate interception by law enforcement agencies could lead to misuse of technology, targeting specific groups or individuals, including political activists or minorities, for arbitrary surveillance. In countries with limited regulation, governments may use LI to control behavior rather than prevent crime. These concerns may hinder the growth of the global LI market during the forecast period.The Lawful Interception (LI) market is witnessing significant growth due to the increasing need for monitoring communication channels to combat criminal activities. With the digitalization of communication technology, LI has become essential for enterprises, government agencies, and law enforcement to investigate cybercrimes, financial crimes, drug trafficking, and terrorist networks. Challenges in the LI market include the use of various communication modalities such as audio-video calls, file transfer, and fax, as well as cloud computing and cloud security regulations. ISPs and network operators must ensure due diligence and provide LI capabilities for various communication devices, including DSL and mobile data. LI solutions must keep up with the latest communication technology, such as ISDN and VoIP, to intercept and analyze cybernetic traffic effectively. Ensuring compliance with lawful interception legislation is crucial to maintain trust and privacy while effectively investigating crimes.

For more insights on driver and challenges – Download a Sample Report

Segment Overview 

This lawful interception (li) market report extensively covers market segmentation by

End-user 1.1 Law enforcement agencies1.2 EnterprisesComponent 2.1 Solutions2.2 ServicesGeography 3.1 North America3.2 Europe3.3 APAC3.4 Middle East and Africa3.5 South America

1.1 Law enforcement agencies-  The Lawful Interception (LI) market refers to the provision of technology solutions that enable law enforcement and intelligence agencies to intercept and monitor telecommunications in accordance with legal frameworks. This market is essential for ensuring public safety and national security. It includes hardware, software, and services for intercepting and decrypting voice, data, and messaging communications. Major players in this market include Nokia, Ericsson, and Huawei, who provide comprehensive solutions to meet the evolving needs of law enforcement agencies.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2018 – 2022)  – Download a Sample Report

Research Analysis

The Lawful Interception (LI) market refers to the technology and services that enable authorized agencies to intercept and monitor digital communications for investigative and national security purposes. This market encompasses various communication modalities such as voice calls, audio-video calls, and data traffic, including emails, instant messages, and digital images. With the increasing shift towards cloud computing and cloud-based interception solutions, LI systems must comply with stringent cloud security regulations. These solutions enable the interception of communication devices, data downloads, and cybernetic traffic, which are increasingly being used for crimes and cybercrimes. LI solutions play a crucial role in safeguarding enterprises against data breaches and securing data centers from unauthorized access. The market continues to evolve with advancements in communication technology and the digitalization of various industries.

Market Research Overview

The Lawful Interception (LI) market refers to the technology and services that enable government agencies and law enforcement to intercept and monitor communication data in accordance with legal frameworks. This market encompasses various communication modalities, including voice, text, audio-video calls, and data traffic, transmitted through different technologies such as PSTN, ISDN, DSL, WiMAX, Wi-Fi, mobile voice telephony, and VoIP. With the digitalization of communication and the rise of cloud computing, cloud-based interception solutions have emerged, allowing for real-time data analytics and monitoring of cybernetic traffic in data centers and cloud environments. The market caters to the needs of enterprises, service providers, and government agencies to investigate criminal activities, including financial crimes, cybercrimes, drug trafficking, and terrorist networks, while adhering to cloud security regulations and due diligence procedures. Physical monitoring tools and software solutions are also part of the LI market, enabling the interception of digital images, pictures, file transfers, and other forms of data downloads. The market continues to evolve with the emergence of new communication devices, such as smartphones and tablets, and the increasing volume of packet data.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

End-userLaw Enforcement AgenciesEnterprisesComponentSolutionsServicesGeographyNorth AmericaEuropeAPACMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

View original content to download multimedia:https://www.prnewswire.com/news-releases/lawful-interception-li-market-size-is-set-to-grow-by-usd-14-35-billion-from-2024-2028–increasing-vulnerability-to-crime-and-terrorism-to-boost-the-market-growth-technavio-302195118.html

SOURCE Technavio

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Orion Innovation Names Brian Bronson Chief Executive Officer

Published

on

By

Technology Industry Executive and Leader to Drive Next Phase of Company Growth

EDISON, N.J., Nov. 15, 2024 /PRNewswire/ — Orion Innovation (“Orion”), a leading digital transformation and product development services firm, today announced the appointment of Brian Bronson as Chief Executive Officer, effective immediately. With over 25 years of leadership experience across global technology sectors, Bronson will lead Orion’s next phase of growth and transformation, focusing on expanding the company’s digital capabilities and market presence. Brian succeeds Raj Patil, who will transition to an advisory role with the company and One Equity Partners.

“Brian’s impressive track record of driving profitable growth and leading large-scale organizational transformation makes him the ideal leader for Orion’s next chapter,” said Carlo Padovano, Partner at One Equity Partners and Lead Director of Orion Innovation. “His deep expertise in product engineering, GenAI adoption, and digital transformation perfectly aligns with our vision for Orion’s future.

On behalf of the Orion Board, I’d like to thank Raj for his leadership and dedication in helping develop Orion into a market leader. Raj will transition to an advisory role with the company and One Equity Partners.”

“I’m honored to take on this role and excited about the tremendous opportunities ahead for Orion,” said Bronson. “The company has built an impressive foundation with a blue-chip roster of clients, a global delivery platform, and a talented team with deep domain and engineering expertise. I look forward to working closely with our employees, clients, and partners as we deliver transformative solutions to our clients, drive innovation, and scale our capabilities.”

Before joining Orion, Brian served as EVP of US Telecom, Media, and Entertainment at Capgemini. Additionally, he led the integration and execution of Capgemini’s global engineering services business across the Americas and Asia. This included driving growth in many industries leveraging innovative capabilities tied to 5G, connectivity, and software product engineering. Previously, as President & CEO of Radisys, a leading provider of open telecom solutions, he led the company’s strategic transformation from a hardware company to a provider of cutting-edge software and enabling technologies for the telecom, technology, and medical industries. This transformation culminated in the sale of Radisys to Reliance Industries in 2018, marking a successful exit for the company.

About Orion Innovation

Orion Innovation (“Orion”) is a leading digital transformation and product development services firm. Rooted in engineering and design thinking, along with a unique combination of agility, scale, and maturity, its team of approximately 6,400 associates helps Fortune 1000 companies improve efficiencies, enhance customer experiences, and develop new digital offerings. Through its delivery centers in North America, EMEA, India and Latin America, Orion serves clients across Telecom, Media & Technology, Sports & Entertainment, Professional Services, Financial Services, and Healthcare industries. For more information, visit www.orioninc.com

About One Equity Partners

One Equity Partners (“OEP”) is a middle market private equity firm focused on the industrial, healthcare, and technology sectors in North America and Europe. The firm seeks to build market-leading companies by identifying and executing transformative business combinations. OEP is a trusted partner with a differentiated investment process, a broad and senior team, and an established track record generating long-term value for its partners. Since 2001, the firm has completed more than 400 transactions worldwide. OEP, founded in 2001, spun out of JP Morgan in 2015. The firm has offices in New York, Chicago, Frankfurt and Amsterdam. For more information, please visit www.oneequity.com.

Photo: https://mma.prnewswire.com/media/2558782/Brian_Bronson_Orion_Innovation.jpg
Logo: https://mma.prnewswire.com/media/2195243/4953138/Orion_Innovation_Logo.jpg

 

View original content to download multimedia:https://www.prnewswire.com/in/news-releases/orion-innovation-names-brian-bronson-chief-executive-officer-302306598.html

Continue Reading

Technology

Morrison Securities launches one of Australia’s first plug-and-play global trading to 15 countries with ViewTrade

Published

on

By

SYDNEY, Nov. 15, 2024 /PRNewswire/ — Equities clearing business Morrison Securities (“Morrison”) is launching one of Australia’s first plug-and-play global trading to 15 countries with trading technology provider ViewTrade.

This will mean Morrison’s 38,000+ active clients trading $30 billion annually will only need to go through KYC once and then will be provided unprecedented rapid global trading access.

Morrison will now also offer enhanced global equity and options trading, fixed income, ETFs, seamlessly integrate domestic and global trading, and choice between fully disclosed or omnibus operating models.

ViewTrade has calculated that implementation of solutions like this across all of Australia’s global trading could generate efficiencies of nearly $240 million annually.

A business the size of Morisson launching this solution is a watershed moment for enhancing global opportunities for Australia’s wealth management sector, according to ViewTrade.

Nigel Singh, CEO of ViewTrade International Australia, said: “We are excited to work with Morrison Securities. Together, we are unlocking a world of investment opportunities for Australians. By accessing global markets, firms can offer their clients more diversified portfolios, reducing risk and protecting wealth. This benefits both domestic and international clients. We invite other firms to join us in this partnership and unlock the potential of global market access.”

William Slack, CEO of Morrison Securities, said: “We’ve designed a solution that integrates global market access into our domestic offering for a superior customer experience. With our combined expertise, we’re confident in delivering an efficient, scalable solution tailored to the specific needs of our clients.”

Laksh Gangwani, Chief Revenue Officer – APAC and Middle East at ViewTrade, added: “We are thrilled about the partnership with Morrison Securities as they launch one of Australia’s first plug-and-play global trading solutions to 15 countries. Morrison’s integrated approach to technology, compliance, and operations is enabling investors to complete KYC once, while accessing multiple markets and asset classes with ease. This will ensure Australian investors can build diversified international portfolios with ease.”

ViewTrade (www.viewtrade.com) is a global leader in investment and trading infrastructure solutions that power cross-border investing for financial services firms throughout the world. ViewTrade provides the technology, support, and brokerage services that business innovators need to launch or enhance retail investing experiences. For more than 20 years, ViewTrade has partnered with over 300 clients – from technology startups to large banks, brokers and advisors – to deliver innovative investment solutions and exceptional customer service.

Morrison Securities (https://www.morrisonsecurities.com/) Established in 1985, Morrison Securities is an Australian Broking firm specialising in trading, execution, and clearing services tailored to advisory firms and wholesale clients. They partner with firms to navigate operational challenges and help them realise their full potential. Their comprehensive suite of solutions covers seamless international market access, advanced equities and options trading, capital raising and DVP settlement services, integrated APIs, and stock lending. With a platform-agnostic approach and enterprise-level client service, they prioritise operational excellence and long-term partnerships.

 

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/morrison-securities-launches-one-of-australias-first-plug-and-play-global-trading-to-15-countries-with-viewtrade-302306604.html

SOURCE ViewTrade

Continue Reading

Technology

Australia’s least-favourite chores just got easier with Roborock’s Black Friday & Cyber Monday deals

Published

on

By

SYDNEY, Nov. 15, 2024 /PRNewswire/ — Roborock, the global best-selling robot vacuum brand[i], is thrilled to announce its exclusive deals for Black Friday and Cyber Monday 2024.

Starting from 21 November to 4 December 2024, Roborock is offering significant discounts on a wide range of popular models, with savings of up to $700 – including popular models such as the S8 MaxV Ultra, Qrevo MaxV, Q8 Max+, Qrevo Master, Qrevo S, and Flexi Pro.

In a recent survey conducted across Australia, Roborock found that 27% of Australians would happily skip cleaning their floors forever, with many Aussies also admitting to neglecting high-maintenance tasks such as vacuuming, mopping, and appliance cleaning. With these cleaning challenges in mind, Roborock is offering unbeatable savings on popular models across Black Friday and Cyber Monday, with savings of up to $700.

The deals are available at Robrock Australia’s Official Online Store, Roborock’s Amazon storefront and all authorised retailers.

 Black Friday & Cyber Monday Deals

S8 MaxV Ultra – (SAVE $700) – MSRP $2,999 / Promo: $2,299The S8 MaxV Ultra is the company’s most powerful one-stop cleaning solution, combining the company’s most sophisticated deep cleaning technology with user-friendly features. The model introduces a unique robotic arm and an extra mop that efficiently cleans challenging areas with complete corner cleaning capabilities. Newly launched.Qrevo Master – (SAVE $700) – MSRP $2,699 / Promo: $1,999Newly launched and the most advanced model in the mid-range Qrevo series, the Qrevo Master is built for those who seek top-of-the-line cleaning technology at a mid-range price point. With high-powered suction, deep corner cleaning capabilities, and complete self-maintenance features, it’s designed to tackle the toughest cleaning challenges effortlessly.

Qrevo MaxV – (SAVE $700) – MSRP $2,199 / Promo: $1,499Offers users a complete hands-free floor cleaning experience at the mid-range price point, taking both vacuuming and mopping off your plate while combining powerful cleaning functions, self-maintenance capabilities, and intelligent features such – as pet recognition from flagship models – into one convenient cleaning package.

Qrevo S – (SAVE $400) – MSRP $1,499 / Promo: $1,099Newly launched, the Qrevo S is ideal for those looking for their first robot vacuum that excels at both vacuuming and mopping with self-maintenance features. It blends cleaning performance with a streamlined design for everyday cleaning.

Q8 Max+ – (SAVE $500) – MSRP $1,299 / Promo: $799The Q8 Max+ delivers high-performance cleaning with enhanced navigation and automatic dirt disposal. It’s equipped with powerful suction and a flagship roller brush system making it perfect for homes with mainly hard floors, ensuring a deep and thorough clean.

Flexi Pro – (SAVE $300) – MSRP $999 / Promo: $699 (Available starting 14th November)The Flexi Pro is a versatile handheld vacuum option designed for deep floor cleaning and tight spaces. Capable of handling both wet and dry messes, and the ability to clean itself after every clean-up, the Flexi Pro tackles all types of messes with ease.

According to Roborock’s recent survey, garages are the dirtiest spaces in Australian homes, with 46% of respondents admitting they need more attention. Other problem areas include bathrooms (41%), kitchens (38%), and even kids’ playrooms (32%). Given the demands of busy lives, it’s easy to see why some chores fall through the cracks.

With these exclusive Black Friday and Cyber Monday offers, Roborock makes it easier than ever for Aussies to maintain a clean and comfortable home – without the hassle. Whether it’s tackling neglected garages, high-traffic kitchens, or hard-to-reach corners in the bathroom, Roborock’s innovative products are ready to take on the task.

For more information on Roborock products, please visit https://au.roborock.com  

-ENDS-

Notes to Editors: 

The Roborock survey was conducted by TGM Research and involved 1,028 nationally representative respondents across Australia. The survey aimed to understand the cleaning habits, preferences, and challenges faced by Australians ahead of the launch of Roborock’s Qrevo Master, Qrevo S and H5. 

About Roborock     

Roborock is a leading smart cleaning brand renowned for its intelligent cleaning solutions. With a steadfast dedication to becoming a global leading smart appliance player, Roborock enriches liveswith its innovative line of robotic, cordless, wet/dry vacuum cleaners, and washer-dryers. Rooted in a user-centric approach, our R&D-driven solutions cater to diverse cleaning needs in over 15 million homes across 170+ countries.  Headquartered in Beijing and with strategic subsidiaries in key markets, including the United States, Japan, the Netherlands, Poland, Germany, and South Korea, Roborock is dedicated to elevating its market presence worldwide. For more information, visit https://au.roborock.com/.    

[i] [1] The data comes from Euromonitor International (Shanghai) Co., Ltd. The sales figures of robotic vacuum cleaners worldwide in the first three quarters of 2023 (in RMB hundred million) were used for calculation. Roborock ranks first in the industry. Robotic vacuum cleaner refers to vacuum cleaners that automatically move around rooms using sensors to clean floors. The research was completed in February 2024.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/australias-least-favourite-chores-just-got-easier-with-roborocks-black-friday–cyber-monday-deals-302306571.html

SOURCE Roborock

Continue Reading

Trending