MarketsandMarkets forecasts the global Lawful Interception Market size is expected to grow USD 3.5 billion in 2021 to USD 12.9 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 29.3% during the forecast period. Rise in cybercrimes in the time of digitalization is increasing the adoption of Lawful Interception Market
The major vendors covered in the Lawful Interception market Utimaco (Germany), Vocal Technologies(US), AQSACOM (US), Verint (US), BAE Systems (UK), Cisco (US), Ericsson (Sweden), SS8 Networks. (US), Elbit Systems (US), Matison (Croatia), Shoghi (India), Comint (Mexico) Signalogic (US), IPS S.P.A (Rome), Tracespan (Isreal), Accuris Networks (US), EVE Compliancy Solutions (Netherlands), Squire Technologies (UK), Incognito Software (Canada), GL Communications (US), Septier Communications (Isreal), NetQuest (NJ), ETSI (France), Atos (France), Trovicor (Dubai). These players have adopted various growth strategies, such as partnerships, business expansions, mergers and acquisitions, agreements, and collaborations, new product launches to expand their presence in the digital banking platforms market. Partnerships and new product launches have been the most adopted strategies by major players from 2018 to 2021, which helped them innovate their offerings and broaden their customer base.
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Utimaco is a global platform provider for cybersecurity and compliance solutions and services. The company offers products that enable end-users to tackle the issues of terrorism, cybercrimes, and any kind of seditious activity. UTIMACO develops on-premises and cloud-based hardware security modules and key management solutions as well as compliance solutions for telecommunication providers in the field of regulation. The company provides lawful interception and data retention solutions and Hardware Security Modules (HSM). The product offerings are aimed to provide hardware-based high-security appliances and compliance solutions for telecommunications. The company is a major player in the lawful interception market, with product offerings, including Lawful. Interception Management Systems (LIMS) products and Lawful Interception and Data Retention solutions. End-users of LIMS are MNOs, fixed network operators, ISPs, LEAs, and MSPs. Since 1994, the company has deployed over 300 LIMS in over 90 countries across the globe.
Vocal Technologies is a leading designer of voice, video, fax, and data communications solutions. VOCALs innovative designs are used worldwide under license in millions of mobile, embedded, and networked applications. The company offers a wide range of licensed services, software, and solutions for VoIP, voice, video, facsimile, and data communications. The company offers solutions in the verticals of defense and aerospace, industrial and automotive, telecom (IP, PSTN, and mobile), along with law enforcement and enterprise. Vocal Technologies specializes in voice and VoIP technologies for telephony, network, mobile, and radio applications.
Lawful Interception Market by Component, Network (Fixed Network, Mobile Network), Network Technology Type, Communication Content, Mediation Device, Type of Interception, End User (Lawful Enforcement Agencies, Government) & Region - Global Forecast to 2026
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