Pune, India, May 2020, MRFR Press Release/- Market Research Future has published a Cooked Research Report on the Global Open Source Intelligence Market.
Market Scope
The open sources intelligence (OSINT) market 2020 held a value of USD 2,866 Mn in 2017 and can procure a valuation of more than USD 7,000 Mn by 2023, confirms Market Research Future (MRFR). MRFR also projects the market to touch a remarkable valuation of USD 340.5 billion by 2024-end. We will provide covid-19 impact analysis with the report, offering an in-depth review following the coronavirus disease outbreak.
COVID-19 Analysis
Post SARS-CoV-2, the number of people staying home has risen drastically, leading to higher internet consumption owing to work from home policies and the rising use of social media platforms. The escalated consumption of Internet as well as digital platforms like digital media, social media, blogs, online forums and articles has generated significant amount of public data, which can work in favor of the OSINT market during the pandemic. In a nutshell, the spread of novel coronavirus across the globe has resulted in social media consumption, use of web portals and high internet penetration at an exponential pace.
Taking into account the long-term impact of COVID-19, most of the military personnel and homeland security are assigned with the task of fighting against the pandemic. For this purpose, ONIST tools come in handy as they help intelligence departments in producing intelligence from the massive amounts of data available, i.e. get any information that is related to the threats to the country. While the short term impact is unprecedented and the world is dealing with a major financial crisis, cybercriminals are exploring new methods to exploit the ongoing panic ridden situation. This is where OSINT tools are helping detect any malicious activities on the web and safeguard users from any potential danger, leading to decent market growth in this period. Further, the lockdown period notes more and more people trying to improve their analytical tools-related skills, as a result of which the population of skilled workforce ONIST market has expanded. Even as countries are struggling to find a COVID-19 breakthrough, the open source intelligence market can maintain its robustness in the coming period.
Top Boosters and Main Barriers
A number of security organizations worldwide are now making sizeable investments in open source intelligence tools to boost their research and monitoring capabilities. Deep web, open web, and social networks like LinkedIn, Twitter, Facebook, and other services have extensive personal data belonging to billions of people, laying the ground for social media monitoring. Connections, hobbies, purchasing habits and locations are easily accessible, turning these networks into significant goldmines for the intelligence analysts.
The rising use of social networks coupled with the increasing user-generated content, such as groups, forums and video sharing are expected to induce major growth of the open source intelligence market.
Various governments across the globe are promoting the OSINT technology for enhanced functioning in the era of digitalization and globalization. For instance, the Indian government recently set in motion an Open Government Data Platform that backs the open data movement, along with the U.S. government. Initiatives of these kinds are presumed to favor the OSINT market growth prospects during the appraisal period.
Access Report Details @ https://www.marketresearchfuture.com/reports/open-source-intelligence-market-4545
Market Segmentation
Security type, technology and application are the primary segments as per which the open source intelligence market has been appraised in the report.
The security types outlined in the research study include dark web analysis, text analytics, big data, human intelligence, data analytics, content intelligence, link/network analysis, artificial intelligence, and others. Among these, the human intelligence segment currently accounts for a leading share in the market and is poised to retain its pole position through the forecast period.
By Technology, the market has been segmented into big data software, text analytics, video analytics, web analysis, visualization tool, cyber security, social media analysis, and others. Cyber security can be the leading technology-based segment in the market and can expand from USD 685 Mn in 2017 to a valuation of USD 1.5 billion by 2023-end.
Application areas of OSINT include public sector, military & defense, homeland security, national security, private sector, and others. Out of these, the homeland security segment can seize the biggest share in the global market, while the military and defense segment can thrive at a better growth rate of 18.51% over the evaluation period.
Regional Study
The regional study of the OSINT market covers APAC or Asia Pacific, North America, Europe and the rest of the world or RoW.
At present, the largest market for open source intelligence belongs to North America and the region can possibly note sustainable growth throughout the given period. The massive unstructured data generated from the latest technologies combined with the large number of renowned companies present in the region helps stimulate the market growth. The soaring demand for cloud-based security solutions along with the sizeable spending on OSINT solutions also benefits the regional market.
The APAC market can post the highest growth rate in the next few years, given the presence of rapidly expanding nations and the rising investments in advanced security solutions. Sensing the untapped potential, developed countries are increasingly investing in China and India’s public infrastructure, which could mean considerable business growth for the region.
Leading Contenders
Some of the leading contenders proactively trying to get holds of a higher position in the market are CybelAngel (Paris), KB Crawl (US), Verint Systems (US), Expert System (Italy), Sail Labs (Austria), Intrinsec Security Inc. (Canada), Nice systems (Israel), Digimind (France), Palantir Technologies Inc. (US), Dassault Systèmes (France), Dataiku (US), Thales (France), Recorded Future Inc.(US), to list a few.
Latest News
May 2020
Authentic8 has launched the Open Source Intelligence Academy, which is remote and secure integrated suite of tools and resources that facilitates remote work and training from home environments. It comprises OSINT Forum for collaboration, OSINT Insider talk webcast series, demonstration videos, OSINT Tradecraft Training as well as analysis case studies.