Report Id: SNS/ICT/1390 | May 2022 | Region: Global | 130 Pages
Report Scope & Overview:
The Open-Source Intelligence (OSINT) market size was valued at USD 5.89 Bn in 2021 and is expected to reach USD 24.56 Bn by 2028, and grow at a CAGR of 22.63% over the forecast period 2022-2028.
Open-source intelligence is the act of locating, gathering, processing, analyzing, and reporting data gathered from publicly available sources for intelligence purposes (OSINT).
In a responsible manner, open-source intelligence is acquired, processed, and released to the right audience. It is based on publicly available information. The word "open source" refers to information that is freely available to the public. It cannot be termed open source if professional expertise, apparatus, or procedures are required to access a piece of information. Furthermore, the increased demand for OSINT from various sectors in order to get insights for business planning is propelling the open-source intelligence market ahead. As R&D emphasis has switched to a worldwide study of publicly available information, market acceleration in the OSINT space has been tremendous. OSINT technologies are being immediately deployed to spot patterns and form conclusions so that speedy decisions may be made.
Many information sources give useful data via OSINT; however, other information sources may be modified to represent incorrect, erroneous, or incomplete data, either mistakenly or intentionally. Not to mention the fact that knowledge might become old and useless over time. Because of the nature of Open-Source Intelligence analysis, it may be incredibly powerful if done correctly.
Increased accessibility to unclassified information that is publicly available
An increase in cybercrime, terrorism, and other illicit activities
Artificial intelligence penetration in the military and defense industry
Enterprises are becoming more interested in using unstructured data for business intelligence.
Data privacy rules that are strict and laws that allow for the fair use of publicly available data
In the OSINT business, there is a lack of competence and restricted skill sets.
Emerging trends like social media analytics are projected to open up a lot of doors.
Big Data processing and data analytics are advancing at a breakneck pace.
IMPACT OF COVID-19:
The COVID-19 epidemic has wreaked havoc on a number of sectors throughout the world. Various businesses, including manufacturing and information technology, were hampered by the shutdown. Because every nation in the globe has declared a state of emergency to prevent the spread of the new coronavirus, internet penetration, social media consumption, and the usage of online portals have all increased dramatically during the pandemic. Businesses have witnessed an increase in detrimental acts and cyber security problems after adopting work-from-home policies and following regulatory standards. OSINT technology aids businesses in detecting and managing possible cyber security risks by aiding and safeguarding customers and company data. Furthermore, ONIST technology and solutions aid the intelligence community in obtaining data related to a possible national security threat and extracting intelligence from a huge volume of publicly available data. As a result, the COVID-19 epidemic has had a positive influence on the market growth for open-source intelligence (OSINT).
The market is divided into Media, Internet, Commercial, Public Government Data, Professional & Academic Publications, and Others, depending on the source. The Media sector has the greatest market share and is expected to expand at a positive CAGR over the next several years. In order to properly communicate with its audience, the media plays a crucial role. This sort of data source includes print media, news media, photography, film, broadcasting, digital media, advertising, and social media. Print media includes newspapers, magazines, billboards, posters and hoarding, and flyers. People are increasingly adopting various media to exchange and acquire various sorts of information, which is expanding the worldwide population's adoption of media platforms.
Security Analytics, Text Analytics, Video Analytics, Geospatial Analytics, Social Media Analytics, and Others are the techniques used to segment the Global Open-source Intelligence (OSINT) Management Market. The Security Analytics category holds the most market share and is expected to expand at the fastest CAGR during the forecast period. Security analytics has the ability to assist organizations in detecting risks to their information technology systems. It includes software, algorithms, and analytic procedures. Security analytics assists with regulatory compliance implementation across the enterprise. In order to comply with government and industry requirements, it helps organizations to connect numerous data sources. The demand for security analytics is growing as malware and other cyber-attacks become more complex.
Cyber Security Organizations, Military & Defense Intelligence Agencies, Government Intelligence Agencies, Law Enforcement Agencies, Financial Services, Private Specialized businesses, and Others are the end-users in the Global Open-source Intelligence (OSINT) Management Market. The Cyber Security Organizations category holds the most market share and is expected to expand at the fastest CAGR over the forecast period. Organizations that specialize in cyber security seek to protect the data that businesses use and exchange across networks and data sources, as well as the systems that handle and store that data. Cyber security organizations leverage open-source intelligence to secure company data from both internal and external threats.
KEY MARKET SEGMENTS:
On The Basis of Source Type
Public Government Data
Professional & Academic Publications
On The Basis of Technique
Social Media Analytics
On The Basis of End-User
Government Intelligence Agencies
Military & Defense Intelligence Agencies
Cyber Security Organizations
Law Enforcement Agencies
Private Specialized Business
During the projected period 2022-2028, North America will lead the global open-source intelligence market. By 2028, North America is predicted to have the greatest market share. Two of the major drivers of the market's development are the United States and Canada. The expansion can be ascribed to the increased usage of open-Source intelligence technologies by a number of organizations, including government, intelligence, homeland security, military forces, and a variety of private and public specialized firms.
The US government, as well as US law enforcement, is increasingly using open-Source intelligence for different open-Source operations such as internet research, media analysis, public surveys, and media monitoring. The increased usage of open-Source intelligence by the OSINT community to anticipate, prevent, investigate, and punish offenders such as terrorists is driving the open-Source intelligence market's rise in the North American area between 2022 and 2028. During the projection period 2022-2028, Asia Pacific is predicted to develop at a quick rate of CAGR. This is due to a growing embrace of digitalization, which has resulted in vast amounts of data as a result of the region's fast expansion.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
The Major Key Players Are Digital Clues, Alfresco Software, Inc., Octogence Tech Solutions Pvt. Ltd., Palantir Technologies Inc., Recorded Future, Inc, Google Llc, Maltego Technologies Gmbh, Offsec Services Limited, Expert System S.P.A., Thales Group.
|Market Size in 2021||US$ 5.89 Bn|
|Market Size by 2028||US$ 24.56 Bn|
|CAGR||CAGR of 22.63% From 2022 to 2028|
|Report Scope & Coverage||Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook|
|Key Segments||• by Source Type (Media, Internet, Public Government Data, Professional & Academic Publications, Commercial, Others)
• by Technique (Text Analytics, Video Analytics, Social Media Analytics, Geospatial Analytics, Security Analytics, Others)
• by End-User (Government Intelligence Agencies, Military & Defense Intelligence Agencies, Cyber Security Organizations, Law Enforcement Agencies, Financial Services, Private Specialized Business, Others)
|Regional Analysis/Coverage||North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
|Company Profiles||Digital Clues, Alfresco Software, Inc., Octogence Tech Solutions Pvt. Ltd., Palantir Technologies Inc., Recorded Future, Inc, Google Llc, Maltego Technologies Gmbh, Offsec Services Limited, Expert System S.P.A., Thales Group.|
|Key Drivers||• Increased accessibility to unclassified information that is publicly available
• An increase in cybercrime, terrorism, and other illicit activities
|Market Opportunities||• Emerging trends like social media analytics are projected to open up a lot of doors.
• Big Data processing and data analytics are advancing at a breakneck pace.
Frequently Asked Questions (FAQ) :
Ans:- The estimated market size for the Open-Source Intelligence (OSINT) market for the year 2028 is USD24.56 Bn.
Ans:- Increased accessibility to unclassified information that is publicly available and increases in cybercrime, terrorism, and other illicit activities,etc.
Ans:- North America will lead the global open-source intelligence market.
Ans:- The Open-Source Intelligence (OSINT) market size was valued at USD5.89 Bn in 2021.
Ans:- The study includes a comprehensive analysis of worldwide Open-Source Intelligence (OSINT) market trends, as well as present and future market forecasts, Porter's five forces analysis aids in the study of buyer and supplier potential as well as the competitive landscape
Table of Contents
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID 19 Impact Analysis
4.2 Impact of the Ukraine- Russia war
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Open-Source Intelligence (OSINT) Market Segmentation, by Source Type
8.3 Public Government Data
8.4 Professional & Academic Publications
9. Open-Source Intelligence (OSINT) Market Segmentation, by Technique
9.1 Text Analytics
9.2 Video Analytics
9.3 Social Media Analytics
9.4 Geospatial Analytics
9.5 Security Analytics
10. Open-Source Intelligence (OSINT) Market Segmentation, by End-User
10.1 Government Intelligence Agencies
10.2 Military & Defense Intelligence Agencies
10.3 Cyber Security Organizations
10.4 Law Enforcement Agencies
10.5 Financial Services
10.6 Private Specialized Business
11. Regional Analysis
11.2 North America
11.3.6 The Netherlands
11.3.7 Rest of Europe
11.4.2 South Korea
11.4.6 Rest of Asia-Pacific
11.5 The Middle East & Africa
11.5.3 South Africa
11.6 Latin America
11.6.3 Rest of Latin America
12. Company Profiles
12.1 DIGITAL CLUES
12.1.2 Products/ Services Offered
12.1.3 SWOT Analysis
12.1.4 The SNS view
12.2 Alfresco Software, Inc.
12.3 OCTOGENCE TECH SOLUTIONS PVT. LTD.
12.4 PALANTIR TECHNOLOGIES INC.
12.5 RECORDED FUTURE, INC
12.6 GOOGLE LLC
12.7 Maltego Technologies GmbH
12.8 OFFSEC SERVICES LIMITED
12.9 EXPERT SYSTEM S.P.A.
12.10 THALES GROUP
13. Competitive Landscape
13.1 Competitive Benchmarking
13.2 Market Share analysis
13.3 Recent Developments
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The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
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