The new report Global Lawful Interception Market 2016-2020 says virtualization has become popular with the advent of cloud computing. It includes the creation of a virtual version of the server, an operating system, a storage device, or network resource. Virtualization services enable the end-user to use existing servers and devices and run multiple resources using applications without degrading performance. The benefits of virtualization can be felt in terms of efficiency.
According to the Global Lawful Interception Market 2016-2020 report, digital information and communication devices such as smartphones and tablets have taken business and people connectivity to an advanced level. However, with these advances, criminals are able to conduct illegal activities online. Law enforcement and intelligence agencies worldwide are focusing on investigation of criminal operations, terrorist networks, drug trafficking, financial crimes, and other illegal activities. This is resulting in the increased demand for lawful interception.
The analysts forecast Global Lawful Interception market to grow at a CAGR of 38.90% over the period 2014-2019. To calculate the market size, the report considers the revenue generated from the following application segments: Devices (mediation devices, routers, IAP, gateways, switches, and management servers), Services (professional and managed services), Communication Content (voice communication, video communication, facsimile, digital data and files, and next generation networks) and Network Technologies (VoIP, LTE, WLAN, WiMAX, DSL, PSTN, ISDN, GPRS, and GSM).
The analysts have estimated the devices segment to account for more than 28% of the total market share by the end of 2020. The ability of lawful interception devices to ease and improve the investigation process is a significant factor that fosters its adoption by various agencies during the forecast period.
In this market research, analysts have estimated the Americas to be the largest market for lawful interception solutions during the forecast period. This region currently dominates the lawful interception solutions market and is envisaged to retain its dominating hold over the market by the end of 2020 owing to factors such as the presence of many global and large telecom companies, augmented use of technologies like LTE and VoLTE, and the high occurrence of cyber crime in this region.
The global lawful interception market is fragmented and is characterized by the presence of numerous small and large multinational suppliers. Since the prominent vendors are continually increasing their market footprint, regional providers are finding it difficult to compete with them, especially in terms of quality, technology, and pricing. The vendors that have access to better technical and financial resources can develop products that can render the competitors' products obsolete and non-competitive even before they are launched.
The key players in the global lawful interception market report are Cisco, Siemens, SS8, Utimaco and Verint. And the other prominent vendors in the market are Accuris Networks, Aqsacom, Ericsson, IPS, Kommlabs Dezign, Network Critical Solutions, NICE Systems, Pine Lawful Interception, ROHDE&SCHWARZ, SSI PACIFIC, and TELCOBRIDGES.
Further, the report states that from the perspective of network operators and service providers, the primary requirements for developing and deploying a lawful interception solution include cost effectiveness, minimal impact on the network infrastructure, compatibility and compliance with new emerging technologies, reliability, and security.
Source: PR Newswire