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The global open source intelligence (OSINT) market has grown at a phenomenal pace in the past few years due to improvements in the information management field. The industry is gradually achieving a high demand rate from sectors such as government and security agencies.
The amplified level of competition in the market has prompted better use of open source intelligence tools to gather quality actionable data that can used effectually.
The industry is set to proliferate exponentially at a robust CAGR of 16.18% during period 2017 to 2023. This has been revealed by Market Research Future (MRFR)’s latest study.
The global market is segmented into several technologies – Text Analytics, Web Analysis, Cyber Security Video Analytics, Big Data Software, Social Media Analysis and Others.
Applications of OSINT intelligence range from military and defense, homeland security, to national security and the private and public sectors.
Segments according to security types encompass Text Analytics, Content Intelligence, Human Intelligence (HUMINT), Artificial Intelligence, Data Analytics, Dark Web Analysis, Big Data.
Regionally, the industry is led by the North American region which is followed by the Asia Pacific region. This is chiefly due to the intensified cyber-attacks in the U.S.
The advanced progress and growth in the research and development domain especially of the governments in U.S and Canadian regions have led to the application of the technology far earlier than the others. However, the market development in the Asia pacific region is anticipated to develop considerably.
According to pioneerreporter.com, the open source intelligence market holds some of the major key players like, Palantir Technologies (U.S.), Expert System (Italy), Exalead Dassault Systemes (France), Thales Group (France), CybelAngel (France), Intrinsic Technologies (U.S.), SAIL LABS Technology GmbH (Austria), Digimind (U.S.), KB Crawl SAS (France), Verint (U.S.), Recorded Future (U.S.), Datalkz (UAE).