OSINT Market Scope:
The global OSINT Market size can mushroom to USD 182.9 billion by 2032, as per a new report by Market Research Future (MRFR). It can achieve this by expanding at a 20.60% CAGR from 2023-2032 (forecast period). The risk of cyber malignancy and the availability of open source platforms to authenticate and verify news and articles is expected to induce the demand for OSINT over the forecast period. Open Source Intelligence (OSINT) refers to the collection, analysis, and dissemination of information that is publicly available and can be accessed through various sources such as social media, news articles, blogs, and government databases. OSINT has been increasingly adopted by businesses, government agencies, and other organizations as a means of gathering intelligence and conducting research.
Advancements in analytical tools, machine learning, deep learning, and artificial intelligence have made OSINT tools capable of discerning astute insights from large sets of unstructured data. The attitude of public sectors and government agencies to embrace the technology to combat and respond to real-time threats and thwart attacks can bode well for the market in the coming years. Lack of qualified personnel to handle the accumulation of data can act as a growth deterrent for the open source intelligence market.
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Competition Analysis
The global OSINT market is bogged by frequent government policies and subsequent updates in technologies. The development of open source intelligence tools is the primary focus of these players. For instance, Dassault, a French company, has served customers in nearly 140 countries. Its product development cycle, growth strategies, and collaborations with partners will facilitate its growth in the coming years.
Key Players in OSINT Market Covered Are:
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Market Segmentation:
The Global Open Source Intelligence market has been segmented into bases on security type, technology and applications.
Based on security type: Intelligence of Man, Intelligence in Content, Dark Web Research, Analysis of Links and Networks, Analytics of Data, Artificial Intelligence Text Analytics and Massive Data
Based on technology: Software for Bid Data, Analytics for Video, Tool for Visualizing Text Analytics, Web-based Cybersecurity Analysis and Analysis of Social Media
Based on application: Armed Forces and Defense, Homeland Defense and National Security in the Private and Public Sectors
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By security type, the market is segmented into link/network analysis, artificial intelligence, big data, human intelligence, content intelligence, dark web analysis, text analytics, data analytics, and others. The human intelligence segment is expected to dominate in the OSINT market till the end of the forecast period. On the other hand, the content intelligence is anticipated to flaunt an impressive CAGR of 20.14% from 2018 to 2023. This can be attributed to the demand for common platforms for messaging, content strategy, and communications to reach a large group of people simultaneously.
Major technologies in the market encompass visualization tool, cyber security, video analytics, text analytics, web analysis, social media analysis, big data software, and others. The cyber security segment is touted a CAGR of 15%, while the video analytics segment is predicted to register a CAGR close to 22% during the forecast period.
Key market applications include private sector, military & defense, homeland security, national security, public sector, and others. The military & defense segment is expected to grow at a rapid clip at an 18.51% CAGR over the forecast period. The pertinent data required by armed forces to thwart dangerous or potential threats has culminated to the reliance of OSINT tools and platforms. The prevalence of social media and Internet-enabled phones are factors likely to support the segment growth.
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Regional Analysis:
Regions covered in the open source intelligence market include Asia Pacific (APAC), Europe, North America, and Rest-of-the-World (RoW).
North America accounted for a major market share and will continue to dominate the market till the end of the forecast period. The U.S. was responsible for generating nearly USD 598.45 million in 2017. Increasing adoption of the internet of things (IoT), cloud services, and advances in analytical tools are likely to fuel the market growth. Furthermore, the vulnerability of nations such as the U.S. and Canada to online threats is likely to lead to the implementation of OSINT in their defense budget program.
The APAC open source intelligence market is in a strong form of growth owing to the development of IT infrastructure in China and India. Investment by developed nations in the region thanks to the renewed security protocols to prevent leakage of false information is likely to open up new avenues for growth.
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