Lawful Interception Market is Expected to grow at a CAGR of 39.8% by 2018 - New Report by MarketsandMarkets
(PRWEB) December 05, 2014 -- The research report "Lawful Interception Market by Network Technologies and Devices, by Communication Content, by End Users - Global Advancement, Worldwide Forecast to - 2019", defines and segments the global market on the basis of components, communication technologies, and networking technologies. The Lawful Interception market is expected to grow from $251.5 million to $1,342.4 million by 2019, at a Compound Annual Growth Rate (CAGR) of 39.8%. In terms of regions, North America and Europe are expected to be the biggest markets in terms of revenue contribution, while Asia-Pacific, Middle East and Africa, and Latin America are expected to experience increased market traction, during the forecast period.
Browse 80 market data tables and 23 figures spread through 177 pages and in-depth TOC on “Lawful Interception Market”
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The need for surveillance to combat crime and terrorism has never been greater than it is today, and the terrorists and other criminals have become extremely sophisticated in their use of today’s communications technologies. For the police and intelligence agencies, this creates an urgent need to monitor and collect data from sources other than traditional circuit-switched voice traffic.
Lawful Interception market report talks about the emerging network technologies, communication content, devices and services that are used by the government and public affairs, law enforcement agencies and small and medium enterprises for investigating the criminal activities and reducing threats coming from the external agents. The network technologies such as long term evolution (LTE), Voice-over IP (VoIP), WiMAX and many others are discussed in great detail. The challenges facing network operators and service providers are such that they cannot meet the fundamental requirements of lawful interception without using this technology.
The Lawful Interception market is positioned for growth with investments in R&D, the increasing ICT investments in security across the globe is attracting the players operating in this field. Cisco and Siemens are at the forefront in the Lawful Interception market. Verint System offers its comprehensive Lawful Interception solutions for the communication service providers. Juniper Networks has already added Lawful Interception enabled routers and is now looking to position itself at the top in this market. Some big names such as Siemens, Ericson, and Cisco are already present in this space. The competition in the market is fierce and other companies in this space such as ZTE, Utimaco, SS8, Netscout, Netoptics, Juniper Networks, and Aqsacom are facing stiff competition from their competitors.
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