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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

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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. 

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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/

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SOURCE Technavio

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DomaCom Appoints Giuseppe Porcelli as Chairman and Secures $2 Million Private Placement

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SYDNEY, Jan. 10, 2025 /PRNewswire/ — DomaCom Limited (ASX:DCL) is pleased to announce two significant developments that will strengthen its leadership and financial position as it advances its fund-first, technology-driven strategy.

Appointment of Giuseppe Porcelli as Non-Executive Chairman

DomaCom has appointed Giuseppe Porcelli as Non-Executive Chairman. Giuseppe is the Founder, Chairman, and CEO of Lakeba Group, a global technology leader renowned for AI-powered, scalable solutions. With extensive expertise in technology-driven investment strategies, his leadership will be instrumental in accelerating DomaCom’s growth, innovation, and investor value creation.

“Giuseppe’s appointment strengthens our leadership team at a pivotal time for DomaCom,” said Darren Younger, CEO of DomaCom. “His experience in driving technological innovation and scaling businesses will support our strategy to enhance investor value and expand our market presence.”

Successful Completion of $2 Million Private Placement

DomaCom has successfully secured a $2 million investment through a private placement from sophisticated investor Martin Groen. The placement involved issuing 142,857,143 fully paid ordinary shares at $0.014 per share, reflecting investor confidence in DomaCom’s strategy and growth potential.

“This investment demonstrates strong confidence in our vision to transform DomaCom into a leading fund-first, technology-driven business,” said Giuseppe Porcelli, Chairman of DomaCom. “The additional option to secure further funding underscores the long-term alignment between DomaCom and our investors. This capital will allow us to accelerate key initiatives, deliver value to our stakeholders, and position the business for sustained growth.”

These developments mark an important step forward in DomaCom’s transformation, reinforcing its commitment to technological innovation, financial growth, and enhanced investor value.

Contact person: Darren Younger, DomaCom CEO
Darren.younger@domacom.com.au 

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SOURCE DomaCom Limited

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GlocalMe Unveils New Brand Identity and Cutting-Edge Innovations at CES 2025

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LAS VEGAS, Jan. 10, 2025 /PRNewswire/ — GlocalMe, a global leader in mobile data connectivity under uCloudlink (NASDAQ: UCL), is proud to announce its participation in CES 2025, the world’s largest technology trade show. This year marks a significant milestone for GlocalMe as it unveils its newly refreshed brand identity and showcases an impressive lineup of innovative products that are set to redefine global connectivity.

With the theme “The Ideal Network of Life,” GlocalMe’s rebranding reflects its dedication to providing seamless, secure, and reliable internet connectivity that feels local, no matter where users are. Powered by its patented Cloud SIM and HyperConn™ technology, the brand emphasizes “Global Connectivity, Local Mindedness,” delivering a borderless yet personalized connection experience for modern digital lifestyles.

“Our new brand identity represents a transformative step in our journey to empower users with effortless and reliable global connectivity,” said Chaohui Chen, CEO of uCloudlink. “At CES 2025, we are thrilled to showcase how our innovative solutions bring the world closer together, delivering technology that feels personal and local, even in a globalized world.”

Spotlight on the GlocalMe Life Series

A major highlight of GlocalMe’s CES 2025 showcase is the GlocalMe Life Series, a collection of advanced products designed to provide secure and convenient connectivity for daily and travel use. With a focus on user convenience and peace of mind, the Life Series empowers users to stay connected effortlessly.

At CES 2025, GlocalMe will pre-launch three new additions to the Life Series:

GPet: The second generation of GlocalMe’s smart global pet tracker, featuring unique 6-tech positioning technologies to ensure the safety and location tracking of pets worldwide. New features, including ‘AI Wellness’ and ‘Pet Interaction,’ will enhance pet health monitoring and strengthen the bond between pets and their owners.UniCord S and UniCord P: Upgraded versions of the UniCord, designed specifically for drivers and remote workers. These devices offer advanced tracking features and provide secure and seamless connectivity during commutes or road trips. The UniCord P boasts upgraded mobile internet specifications, delivering a network experience comparable to a Wi-Fi hotspot.

These new products join the existing Life Series, which includes:

UniCord: The world’s first 3-in-1 multi-functional USB cable, which has been honored with the “CES Breakthrough Award 2025” by Android Authority for its innovative design and functionality.RoamPlug: The world’s only travel adapter with a built-in 4G mobile hotspot.KeyTracker: A global intelligent tracker featuring 6-tech positioning to secure and locate personal belongings with precision.

Introducing HyperConn™ Technology: Seamless Connectivity Redefined

GlocalMe will also debut its revolutionary HyperConn™ mobile Wi-Fi hotspot technology at CES 2025, redefining how users stay connected on the move. Leading this innovation is the MeowGo G40 Pro, a HyperConn™-enabled 4G multi-network mobile Wi-Fi hotspot. Designed for road trip families and remote workers, this device leverages AI-powered network switching to provide uninterrupted internet access by seamlessly connecting to multiple 4G carriers and Wi-Fi providers. This ensures reliable connectivity anywhere in the world, no matter where life takes users.

Experience GlocalMe at CES 2025

From January 7 to 10, 2025, GlocalMe will showcase its new brand identity and innovative product lineup at booth LVCC North Hall #8211. Attendees are invited to experience firsthand how GlocalMe is redefining global connectivity through its cutting-edge products and advanced technologies.

All pre-launched products from CES will be officially available by the end of the first quarter of 2025.

About GlocalMe

GlocalMe is a digital lifestyle brand under Nasdaq-listed technology company uCloudlink (NASDAQ: UCL). With its mission to enable people to ‘Connect and Share without Limitations’, uCloudlink is a leading mobile technology solutions provider that provides a marketplace for mobile data traffic sharing to billions of users in over 200 countries and regions. By using uCloudlink’s patented Cloud SIM technology, mobile users are no longer confined to the service of a single network operator but are opened to a world of connectivity whenever and wherever they are.

For more information, visit www.glocalme.com.

Photo – https://mma.prnewswire.com/media/2595181/GlocalMe.jpg 

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Reap Receives In-Principle Approval for Major Payment Institution License from Monetary Authority of Singapore

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SINGAPORE, Jan. 9, 2025 /PRNewswire/ — Reap, a leading payment technology provider, is thrilled to announce today that it has received an In-Principle Approval (IPA) from the Monetary Authority of Singapore (MAS) for its application of the Major Payment Institution (MPI) License for its Singapore entity, Reap Singapore.

Obtaining the IPA marks a significant milestone for Reap. Reap is committed to regulatory excellence while continuously enhancing its capabilities and presence in Singapore and the broader Asia Pacific region. While the IPA marks a critical step forward, Reap Singapore remains steadfast in meeting the required conditions for the MPI License. Reap is equally committed to dedicating the necessary resources to support and assist Reap Singapore in achieving this goal. Together, Reap and Reap Singapore will continue to refine its compliance standards and beyond, ensuring it delivers enhanced value and trusted solutions to Singapore and the broader APAC customers.

“At Reap, compliance has always been paramount, not only to safeguard our users but also as a fundamental pillar for growth. Receiving this IPA from the MAS, a globally renowned financial regulator, is incredibly motivating and will be a key driver of secure growth in the region. It fuels our enthusiasm to continue collaborating closely with regulatory bodies to shape a secure and efficient money movement across the region. Reap is also committed to building a strong payment service.” stated Kevin Kang, Co-Founder of Reap.

Singapore is integral to Reap’s mission of enhancing global money movement. Its high regulatory standards and commitment to foster sustainable innovation align seamlessly with Reap’s vision for the future of payment services. This alignment empowers Reap to drive secure and efficient financial flows while delivering exceptional value to its clients and partners.

About Reap

Reap group is a leading global payment technology provider that enables financial connectivity and access for businesses worldwide. By bridging disparate economies, merging technological divides, and connecting key financial players, we are transforming the financial landscape into a more interconnected and interoperable space for efficient money movement.

With corporate cards, payout solutions, and expense management tools, we streamline financial operations and empower businesses to scale. Our APIs enable businesses to embed finance into their own products and services, from issuing Visa cards to facilitating cross-border payments.

Founded in 2018 in Hong Kong, Reap has since expanded to a team of over 100 across the globe, including Singapore. Reap is supported by a strong network of investors, including Acorn Pacific Ventures, Arcadia Funds, HashKey Capital, Hustle Fund, Fresco Capital, Abacus Ventures, and Payment Asia.

For media enquiries, please contact:

Christine Cheuk
Marketing & PR Manager, Reap
christine@reap.global

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SOURCE Reap

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