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Lawful Interception (LI) Market to Expand by USD 14.35 billio (2024-2028) Driven by Rising Crime and Terrorism Threats, AI-Enhanced Report by Technavio

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NEW YORK, Aug. 23, 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- View the snapshot of this report

Lawful Interception (LI) Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 32.57%

Market growth 2024-2028

USD 14352.9 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

25.91

Regional analysis

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

Performing market contribution

North America at 33%

Key countries

US, China, Canada, Japan, and UK

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.

Market Driver

Several vendors are actively participating in the global lawful interception market, employing strategic initiatives to bolster their presence. In August 2022, SS8 Networks, a prominent lawful interception solutions provider, expanded its software development team to address growing international demand. This team will focus on research and development for their flagship offerings, including Intellego XT, Xcipio, and Location Intelligence, based in Toronto. In June 2023, Cisco, a leading enterprise networking and security company, began delivering AI-driven Cisco Security Cloud to streamline cybersecurity and enable remote workforce productivity. Cisco’s investment in advanced AI and machine learning technologies aims to streamline operations and boost efficiency for security teams, contributing to the expansion of the global lawful interception market. 

The Lawful Interception (LI) market is witnessing significant growth due to the increasing need for network providers to ensure security and compliance with communication regulations. With the surge in packet data volume from smartphones, tablets, and various communication modalities like text messaging, voice communication (including VoIP and PSTN), and audio-video calls, physical monitoring tools are no longer sufficient. Network technology advancements such as WiMAX, Wireless, WLAN, and virtualization are driving the demand for real-time data analytics and cloud-based interception solutions. Service providers (SPs) are investing in these services to counteract growing security threats from terrorist networks, cybercrime, and criminal operations. AQSACOM Innovating Intelligence is a leading player in this market, offering advanced software solutions for intercepting and analyzing cybernetic traffic in compliance with cloud security regulations. 

Explore a 360° Analysis of the Market: Unveil the Impact of AI. For complete insights- Request Sample!

Market Challenges

Lawful Interception (LI) refers to the authorized process enabling law enforcement agencies to access individual subscribers’ communication data through court orders or legal authorization. However, this practice presents significant challenges for interception solution providers. Concerns revolve around the accuracy, privacy, and security of data, as the potential exists for unauthorized access by service providers’ employees. Furthermore, there’s a risk of misuse by law enforcement agencies, potentially targeting political activists, minorities, or others without proper justification. In countries with limited regulation, interception can be used as a tool for power and control, rather than crime prevention. These privacy and security concerns may hinder the growth of the global LI market during the forecast period.The Lawful Interception (LI) market is growing rapidly as enterprises and government agencies face increasing challenges in investigating criminal activities in the digital age. With the proliferation of communication devices and modalities, including audio-video calls, facsimile, and file transfer, intercepting cybernetic traffic for due diligence has become essential. However, the use of cloud computing and cloud-based interception solutions brings new challenges. Compliance with cloud security regulations is crucial, as is ensuring the security of data centers and data traffic. Criminals are constantly evolving, using cybercrime to conduct illegal online activities such as data breaches, downloads, and financial crimes. Law enforcement and intelligence agencies require advanced LI solutions to investigate terrorist networks and criminal operations. Network operators and ISPs play a critical role in facilitating LI, while mobile data and voice telephony add complexity to the interception process. AQSACOM Innovating Intelligence offers advanced LI solutions to help businesses and governments stay ahead of the curve.

For more insights on driver and challenges – Request 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 authorized interception of telecommunications and internet data in accordance with legal procedures. This market caters to the needs of law enforcement agencies and regulatory bodies for investigative purposes. It includes hardware, software, and services for interception, decryption, and analysis of intercepted data. The LI market is growing due to increasing demand for security and compliance with data protection regulations. Companies like Verint Systems, Nexusguard, and NetNumber are key players in this market.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) – Download a Sample Report

Research Analysis

The Lawful Interception (LI) market refers to the technology and services that enable authorized interception of communication data in accordance with legal and regulatory frameworks. This market encompasses various communication modalities, including voice calls, audio-video calls, facsimile, and digital communication. With the increasing digitalization of communication and the rise of cloud computing, LI solutions are evolving to provide cloud-based interception capabilities. This includes interception of data traffic, data downloads, and cybernetic traffic in data centers. The LI market is driven by the need to combat crimes and cybercrimes, such as data breaches and unauthorized access to sensitive information. Devices and digital images are also subject to interception, making LI solutions essential for enterprises seeking to maintain security and comply with cloud security regulations.

Market Research Overview

The Lawful Interception (LI) market refers to the technology and services used by law enforcement and intelligence agencies to intercept and monitor communication data in accordance with legal frameworks. This includes various communication modalities such as voice, text messages, audio-video calls, and data traffic, transmitted through different communication devices and technologies including landlines (PSTN), ISDN, DSL, mobile voice telephony, mobile data, WiMAX, Wi-Fi, and VoIP. With the digitalization of communication, LI solutions have evolved to include cloud-based interception for cloud computing, cloud security regulations, data centers, and virtual network security. LI is used to investigate criminal activities and operations, including cybercrimes like data breaches, file transfers, and downloaded data, as well as financial crimes, drug trafficking, and terrorist networks. Real-time data analytics and physical monitoring tools are essential components of LI systems, enabling due diligence and effective investigations. Lawful interception legislation governs the use of these technologies and services, ensuring they are used in a lawful and ethical manner.

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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Technology

Quarterhill Awarded High-Speed Weigh-In-Motion Prescreening Contract in Belgium

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The new WIM station will assist Brussels Mobility in achieving its goals of improving road safety and creating a fair regulatory environment by reducing the number of overloaded vehicles on the roads of the Brussels region.Traffic data provided by the system will support Brussels Mobility’s mission to foster economic growth and improve quality of life through the development of transport infrastructure.

TORONTO, Jan. 10, 2025 /PRNewswire/ – Quarterhill Inc. (“Quarterhill” or the “Company”) (TSX: QTRH) (OTCQX: QTRHF), announced today a contract to provide weigh-in-motion (“WIM”) technology to Brussels Mobility through a joint project with Belgium-based technology integrator Jacops NV (“Jacops”). Quarterhill will be responsible for the design and supply of the WIM subsystem, technical support, and training. Quarterhill will also provide Jacops with the software necessary for commercial vehicle monitoring and enforcement.

Quarterhill will supply the WIM system for the Brussels-Capital Region weigh station, which will be used to pre-select overloaded vehicles for enforcement. The dynamic weighing station will promote and improve the efficiency of inspections by screening vehicles at highway speeds in advance of the law enforcement inspection site. In addition, the weigh station will generate data that provides an accurate, real-time picture of the vehicles on the E19 highway.

The system’s goal is to reduce the number of overloaded vehicles on the Brussels Region’s roads. Overloading causes many problems, such as rapid road deterioration, more serious accidents, and unfair competition between transport companies. Quarterhill’s technology mitigates these issues by screening for overweight vehicles while optimizing the use of enforcement resources.

“We are excited at the prospect of introducing our advanced enforcement technology to Brussels Mobility and expanding our presence in Europe,” said Chuck Myers, CEO of Quarterhill. “Together with Jacops, we will deploy a state-of-the-art high-speed WIM system that will make Belgian roads safer and more sustainable. We have a longstanding relationship with Jacops as a customer for our microwave sensor products, and this project demonstrates how having a broad portfolio of traffic technologies and established relationships with traffic system integrators leads to further opportunities.”

The weigh station will monitor four lanes of one-way traffic on the highway and record data on vehicle classification and vehicle tax without impeding traffic. An overview camera provides images to help enforcement personnel clearly identify vehicles flagged by the system. An Automated Number Plate Reader system will photograph, recognize, store, process, and transmit the number plates of vehicles approaching the dynamic weighing station.

Quarterhill’s iSINC WIM controller was selected for the project as it offers preselection of overweight vehicles, creates comprehensive vehicle records, classifies vehicles, and meets the desired standards for continual uptime monitoring and ease of service. iSINC’s versatility allows it to control a wide array of sensors, cameras, dimensioning systems, communication systems, and custom equipment.

WIM sensors that comply with the accuracies outlined in the Nmi International WIM standard Specification and test procedures for WIM Systems will be installed at the site. The WIM sensors meet the lane width specifications and provide high durability, stable output over time, and IP68 water resistance.

Quarterhill will advise Jacops on the design and placement of the WIM system components to ensure optimal operation, including onsite technical support for installation, testing, and initial calibration. Quarterhill will also provide Jacops with thorough training on the WIM components and system calibration. Over the 2-year warranty period, Quarterhill will provide remote diagnostics and technical support to ensure continuous uptime and optimal performance.

“This project shows that Quarterhill’s technology is well suited to the precise needs of European agencies. We are set to elevate road safety and integrity in the region, reinforcing our expanding footprint in this important market,” stated Heimo Haub, Managing Director, Quarterhill Europe.

About Quarterhill
Quarterhill is a leading provider of tolling and enforcement solutions in the Intelligent Transportation System (ITS) industry. Our goal is technology-driven global leadership in ITS, via organic growth of our tolling and enforcement businesses, and by continuing an acquisition-oriented investment strategy that capitalizes on attractive growth opportunities within ITS and its adjacent markets. Quarterhill is listed on the TSX under the symbol QTRH and on the OTCQX Best Market under the symbol QTRHF. For more information: www.quarterhill.com.

Forward-looking Information
This news release contains forward-looking information and forward-looking statements within the meaning of applicable Canadian securities laws (collectively, “forward-looking statements”). Such forward-looking statements relate to future events, conditions or future financial performance of ‎Quarterhill based on future economic conditions and courses of action. All statements other ‎than statements of historical fact may be forward-looking statements. Such forward-looking statements ‎are often, but not always, identified by the use of any words such as “seek”, “anticipate”, “budget”, ‎‎”plan”, “goal”, “expect” and similar expressions.

Forward-looking statements involve known and unknown risks, assumptions, ‎uncertainties and other factors that may cause actual results or events to differ materially from those ‎anticipated in such forward-looking statements. Material risk factors that could cause actual results to differ materially from the forward-looking statements contained in this news release include, among others, demand for Quarterhill’s products and services; general economic and market conditions; competition; risks relating to technological advances and cyber-security; and other risks set forth in the Company’s most recent annual information form available on SEDAR+ at www.sedarplus.ca. The Company believes the expectations reflected in ‎the forward-looking statements are reasonable, but no assurance can be given that these expectations ‎will prove to be correct and such forward-looking statements included in this news release should not be ‎unduly relied upon.‎ Material factors and assumptions used to develop the forward-looking statements contained in this news release include, among others: Quarterhill’s ability to execute on its business plan; demand for Quarterhill’s products and services; operating assumptions; and financial projections and cost estimates. Quarterhill has no intention, and undertakes no obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

View original content:https://www.prnewswire.com/news-releases/quarterhill-awarded-high-speed-weigh-in-motion-prescreening-contract-in-belgium-302347610.html

SOURCE Quarterhill

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ez1099 2024 Edition Tax Preparation Software for 2025 Tax Season Is Available for Electronic Filing

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REDMOND, Wash., Jan. 10, 2025 /PRNewswire/ — Designed for US business owners, tax professionals and entrepreneurs, the latest ez1099 tax form software from Halfpricesoft.com is easy to navigate and streamline processing unlimited forms for multiple companies for one flat rate.  The latest edition of ez1099 supports paper form printing, pdf printing and efile feature. It also comes with a recipient data import feature from the spreadsheet and QuickBooks IIF file.

 

“ez1099 2024 software is now available for business owners and tax professionals to print and file 1098’s and 1099’s, seamlessly.” Dr. Ge, Founder of Halfpricesoft.com, says.

ez1099 software streamlines the preparation, printing, and e-filing of essential IRS forms, including W2G, 1097BTC, various 1098 forms (1098, 1098C, 1098E, 1098F, 1098Q, 1098T), numerous 1099 forms (1099A, 1099B, 1099C, 1099CAP, 1099DIV, 1099G, 1099INT, 1099K, 1099LTC, 1099MISC, 1099NEC, 1099OID, 1099PATR, 1099Q, 1099QA, 1099R, 1099S, 1099SB, 1099SA), 5498 forms (5498, 5498ESA, 5498QA, 5498SA), as well as 8935, 3921, 3922, and 1096 forms.

Cost is only $79 per installation for the basic version of ez1099 Software or $139 per installation for the advanced version with bulk printing feature, import feature, PDF file creation and electronic filing capability. Also offered in a network version for two or more installations starting at $199 to enable sharing data between computers or offices.

ez1099 is compatible with Windows 11, 10, and 8.  It can also run on Windows Vista system, 7, and MAC machines (Mac can run the system only if installed with Bootcamp).

The features in the latest version ez1099 software include but are not limited to:

electronically file unlimited forms to the IRS with one flat rateez1099 blank paper prints out recipient copiesPrint in bulk for faster processingQuick data importing featureCustomers can save even more time by compiling and saving form data for later use and modificationSupport unlimited accounts and unlimited recipients at no additional chargeGo green with optional PDF document converting and e-file (electronic filing) featuresFeature to process correction forms included

Starting at $79.00 for the print and mail version and $139.00 to electronically file. Halfpricesoft.com welcomes all clients to begin the no obligation thirty-day test drive today at https://www.halfpricesoft.com/1099_software.asp#purchase

About halfpricesoft.com

Halfpricesoft.com is a leading provider of small to midsize business software, including online and desktop payroll software, online employee attendance tracking software, accounting software, in-house business and personal check printing software, W2, software, 1099 software, 1095 ACA form software and ezACH direct deposit software. Software from halfpricesoft.com is trusted by thousands of customers for over 20 years and will assist business owners simplify payroll processing and streamline business management.

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SOURCE Halfpricesoft.com

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The New York Stem Cell Foundation Research Institute Enters Agreement to Accelerate Precision Drug Discovery for Neurodegenerative Disease

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Partnership Will Harness NYSCF’s Automated Cell Culture Systems and Artificial Intelligence Capabilities to Study Disease at an Unprecedented Cellular Level

NEW YORK, Jan. 10, 2025 /PRNewswire/ — The New York Stem Cell Foundation (NYSCF) Research Institute today announced they have entered into an agreement with Janssen Research & Development, LLC, a Johnson & Johnson company, to use NYSCF’s AI-powered platform for drug discovery to target neurodegenerative disease. This initiative brings together NYSCF’s advanced robotic systems for stem cell research and J&J’s expertise in drug discovery and data science to unlock novel disease insights and accelerate the development of more effective and tailored treatments.

NYSCF has developed proprietary automation technology that enables large-scale, reproducible disease modeling and drug screening using patient-derived stem cells. By combining high-content cell imaging with machine learning-driven analysis, NYSCF’s platform can reveal previously undiscovered disease phenotypes and therapeutic targets leading to the development of novel therapeutic approaches. This versatile platform is adaptable to a wide range of cell types and diseases, making it uniquely positioned to advance precision medicine for patients.

“This work with Johnson & Johnson allows us to integrate our cutting-edge stem cell automation and AI platform with their deep expertise in therapeutic development,” said Jennifer J. Raab, President and CEO of NYSCF. “Together, we look forward to accelerating the discovery of innovative treatments for patients affected by devastating neurodegenerative disease.”

About The New York Stem Cell Foundation Research Institute
The New York Stem Cell Foundation (NYSCF) Research Institute is an independent non-profit organization accelerating cures and better treatments for patients through stem cell research. The NYSCF Research Institute is an acknowledged world leader in stem cell research and in the development of pioneering stem cell technologies, including the NYSCF Global Stem Cell Array®, which is used to create cell lines for laboratories around the globe. NYSCF focuses on translational research in an accelerator model designed to overcome barriers that slow discovery and replace silos with collaboration. For more information, visit nyscf.org.

CONTACTS:
David McKeon
212-365-7440
dmckeon@nyscf.org

Chris Taylor
chris@christaylorpr.com

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SOURCE The New York Stem Cell Foundation

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