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Open Source Intelligence to Develop at an Incremental Pace Till 2023

Open Source Intelligence Market – Overview

Organizations in current setups are data driven and also extremely data reliant. This creates a scenario in which data that is being generated from various sources needs to be tapped effectively so as to utilize it effectively. Market Research Future, a firm which specializes in market reports related to the Information and Communications Technology domain among others found in its recently published report ‘Open Source Intelligence (OSINT) Market Research Report – Global Forecast to 2023’ that the sector is geared up to witness outstanding growth in terms of revenues while aggregating at a positive CAGR %.

The number of sources available from where data can be mined have increased since the boom of internet and there is a great need in terms to create actionable sources from where intelligence can be effectively mined from. Since search engines do not objectively collect the data that is available easily on the net, OSINT is required to track down the data so it can be efficiently utilized to make accurate decisions with regards to business processes. This need has considerably spiked demand for open source intelligence market. The segment has a high degree of demand from sectors such as government and security agencies. Increased level of competition in the market has prompted increased use of open source intelligence tools to gather actionable data that can used effectively.

Open source intelligence market is also growing at a robust pace because it allows for organizations to mitigate risks and provide operational support. Improvements in data analytics, text analytics etc. have expanded the size of the market to a great level. The open source intelligence also enables analytics to pick up on trends based on data collected which have contributed to the appeal of this sector. Factors that may impede the growth of the domain are the volume of data generated, that may still be difficult to analyze despite improvements in information analysis methods, misinformation and large amount of irrelevant data.

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Latest Industry Updates:

Aug 2017 Meltwater, a company that provides data to more than 25,000 businesses to track where and how they are mentioned in media and other public platforms, has acquired a startup to double down on how it uses machine learning and artificial intelligence to do its job. The company has acquired Algo, a startup that has built a data analytics platform for real-time searches around topics and specific keywords. Its search and news app, the company said, has been downloaded over 3 million times.

Mar 2017 Marlink has acquired Palantir, a Norway-based maritime Information Technology (IT) company specializing in remote IT management solutions. The two companies completed the share purchase agreement whereby Marlink acquired 100 percent of Palantir shares on March 17.Palantir provides IT managers on shore with access to individual vessels or entire fleets for remote support and management of on board IT networks.

April 2017 Thales Group, longtime securer of virtualized systems and a provider of data protection to the financial services, manufacturing, government and technology sectors, has revealed that it will acquire new-gen analytics provider Guavus for $215 million in cash. Guavus develops machine intelligent, big-data analytics platforms that Thales requires to remain competitive in the current analytics-obsessed IT market.

Nov 2017 ArchIntel, provider of concise and customized actionable intelligence to business leadership, recently announced that it will provide the entire suite of ArchIntel business information services to an innovative endowment venture organization promoting education innovation. Using its proprietary technology, ArchIntel will provide the organization with a full line of customized daily intelligence briefings and access to its industry news archive.

Open Source Intelligence Market – Competitive Analysis

With the entry of industry players in open source intelligence segment, a trend of solid, volume-driven growth has been observed in the market with the development of different varieties of product types. With companies aiming to capture a considerable share of the market segment as early as possible, they are competing and experimenting with various advantage points. The best long-term growth opportunities for this sector can be captured by ensuring ongoing process improvements and financial flexibility to invest in the optimal strategies.

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). Some of the other major players are 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).

Open Source Intelligence Market – Segments

For the purpose of this study the open source intelligence market has been segmented into security type, technology, application, and region.

On The Basis Of Security Type: Human Intelligence, Content Intelligence, Dark Web Analysis, Data Analytics, Text Analytics, Artificial Intelligence, Big Data Others

On The Basis Of Technology: Big Data Software, Video Analytics, Text Analytics, Cyber Security, Web Analysis, Social Media Analysis and Others

On The Basis Of Application: Military & Defense, Homeland Security, Private Sector, Public Sector, National Security Others

On The Basis Of Region: North America, Europe, Asia pacific, Latin America, Middle East & Africa

Open Source Intelligence Market –

Regional Analysis

The open source intelligence market is divided under North America, Europe, Asia Pacific, Latin America, and Middle East & Africa of region. The market is led by North America followed by Asia pacific. This majorly due to the increased cyber-attacks in U.S. Also due to the progressive innovation and growth in research and development the organizations in the U.S and Canada have adopted to the technology earlier than others. However the market growth in Asia pacific is expected to grow significantly.

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Report details
Base Year 2017
Companies Covered 15
Pages 128
Certified Global Research Member
Isomar fd.webp Wcrc 57.webp
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