Global Open Source Intelligence Market Will Reach USD 25,900 million by 2026: Zion Market Research

New York, NY, May 18, 2018 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Open Source Intelligence Market by Deployment Type (Cloud and On-premises); by Source (Public Government Data, Professional and Academic Publications, Commercial Data, Grey Literature, Media, and Internet); by Security Type (Data Analytics, Text Analytics, Artificial Intelligence, Big Data, Human Intelligence, Content Intelligence, and Dark Web Analysis); for Application (Private Sector, Public Sector, Military and Defense, Homeland Security, and National Security) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2026”.

According to the report, global open source intelligence market was valued at around USD 3,810 million in 2017 and it is expected to reach more than USD 25,900 million by 2026. The global open source intelligence market is expected to grow at a CAGR of around 23.7% between 2018 and 2026.   

Browse through 96 Tables & 38 Figures spread over 110 Pages and in-depth TOC on "Global Open Source Intelligence Market Size 2016: Industry Type, Technology, Share, Trends and Forecast, 2026”.

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Market Report Highlights

• Open-source intelligence (OSINT) collects data from publicly available sources such as television, radio, newspapers, commercial databases, internet, media, and others.
• The OSINT autonomous tools provide real-time analysis to the organizations. Owing to the rising demand for real-time valuable data the demand for the open source intelligence market will increase in the coming years.
• Rising internet users across the globe and the increased uploading and downloading of any kind of data are factors contributing to the growth of the market.
• On-premises segment valued at USD 1,870 Mn in 2017 and acquired the largest market share. Most of the companies are using on-premises model owing to its reliability.
• Internet segment held the largest market share of 62% in 2017. In the commercial data segment, the information is collected via commercial imagery (satellite imageries are images of earth or other planets collected by imaging satellites), financial and industrial assessments, and other databases.
• Big data analytics constituted for the major share of 23% and valued at around USD 880 Mn in 2017.
• Text analytic segment is expected to grow with the significant growth rate in coming years. Open source intelligence use text analytics for breaking the language barrier and the increase in the industry-specific text analytics applications is anticipated to drive this segment.
• China, Russia, and Turkey have already built capabilities to monitor citizens based on open source intelligence systems.
• The terror attacks in Europe have brought the civil and privacy rights, Homeland Security and Public Safety, and this lead western European parliament to increase OSINT budgets and Social Media Intelligence (SOCMINT). The homeland security will have increased applications of OSINT owing to the increasing investment made by the governments.
• North America open source intelligence market was valued at USD 1,190.39 Mn and held 31% of market share in 2017. Increasing cyber attacks across the globe are expected to increase the demand for the market in North America.

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As per the analysis, companies are using analytics and machine learning for obtaining more value out of the data collected and identified by OSINT. This is anticipated fuelling the open source intelligence market.

Social networking has increased the amount of user-generated content. The content mainly includes images, videos, personal and professional information sharing, data discussed and collected from forums thus expanding the amount of content available for intelligence organizations to gather and analyze. The open source intelligence (OSINT) autonomous tools provide real-time analysis to the organizations. Owing to the rising demand for real-time valuable data the demand for the open source intelligence market is increasing.

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By deployment, the global market is divided into cloud and on-premise. The open source intelligence solutions are being adopted by many enterprises. The open source intelligence tools enable in collecting a wide range of information which are publicly available. Owing to this huge volume of gathered information there is an increased requirement for large data storage capacity thus compelling the organizations to shift towards cloud storage. Cloud provides many benefits in terms of storage and flexibility owing to which it is being widely adopted by the organizations. With the help of the OSINT tools, the organizations can access the data from remote location. The cloud segment is expected to grow at the highest CAGR of 25% between 2018 and 2026.

By source, the market is fragmented into public government data, professional and academic publications, commercial data, grey literature, media, and internet. Among them, the internet segment held more than half of the market share in 2017. Data can be collected from online blogs, publications, discussion groups, citizen media, YouTube, Facebook, Twitter, and Instagram with the help of internet. It is estimated that approximately 4.02 billion users make use of internet across the globe and around 71% of internet users use the social network. The number is expected to grow year on year. This global increase in the social media usage is anticipated to drive the open source intelligence market in coming years.

Browse the full Report “Open Source Intelligence Market by Deployment Type (Cloud and On-premises); by Source (Public Government Data, Professional and Academic Publications, Commercial Data, Grey Literature, Media, and Internet); by Security Type (Data Analytics, Text Analytics, Artificial Intelligence, Big Data, Human Intelligence, Content Intelligence, and Dark Web Analysis); for Application (Private Sector, Public Sector, Military and Defense, Homeland Security, and National Security) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2026” report at https://www.zionmarketresearch.com/report/open-source-intelligence-market

Terrorism activities and illegal border crossing have significantly increased in the recent years owing to the increased interconnectivity and interdependent world. Augmented use of the internet, social networks, and mobile communication have somewhat contributed to the increased illegal activities. The OSINT gathering data and big data analytics play the vital role in processing and examining these large data sets that are available and also outputs valuable information. With the help of big data analytics, valuable information is collected which, in turn, helps the government and defense & security agency to detect any unusual activities that are going around as well as it also helps in preventing illegal activities. 

North America has occupied the largest market share of 31% in 2017. Following the 9/11 attacks, there has been an increased adoption of the security policies and open source intelligence agency was introduced. Increasing cyber attacks across North America is expected to boost the market. However, Asia Pacific region is anticipated to grow with highest CAGR of 27% between 2018 and 2026. This rapid growth of the market in the Asia Pacific is due to increased adoption of digitalization which, in turn, has created huge volumes of data. 

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The major market players in the open-source intelligence market are CybelAngel, Dassault Systèmes, DATALKZ, Digimind, Expert System S.p.A., KB Crawl, Kriptia, Octogence Technologies Pvt. Ltd., and OSINT Solutions, Inc., among others.

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The global open source intelligence market is segmented on the basis of development type, source, security type, application, and regions. 

Global Open Source Intelligence Market: By Deployment Type Segment Analysis

• Cloud 
• On-premises

Global Open Source Intelligence Market: By Sources Segment Analysis

• Public Government Data 
• Professional and Academic Publications 
• Commercial Data 
• Grey Literature 
• Media 
• Internet

Global Open Source Intelligence Market: By Security Type Segment Analysis

• Data Analytics 
• Text Analytics 
• Artificial Intelligence 
• Big Data 
• Human Intelligence 
• Content Intelligence
• Dark Web Analysis 

Global Open Source Intelligence Market: By Application Segment Analysis

• Private Sector 
• Public Sector 
• Military and Defense 
• Homeland Security 
• National Security 

Global Open Source Intelligence Market: By Region Segment Analysis

• North America
  • The U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• The Middle East and Africa

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