Open-Source Intelligence Market Size and CAGR by 2031
The open-source intelligence market size is projected to reach US$ 17.75 billion by 2031 from US$ 4.75 billion in 2023. The market is expected to register a CAGR of 17.9% during 2023–2031. Social media intelligence and real-time analytics are likely to remain a key trend in the market.
Open-Source Intelligence Market Analysis
Intelligence derived from gathering, assessing, and analyzing publically accessible data to address a particular intelligence query is known as Open-Source Intelligence (OSINT). As a cybersecurity tool, OSINT is widely used by enterprises to assess security threats and find holes in their IT infrastructure. Hackers and cybercriminals also employ OSINT techniques for phishing, social engineering, and revealing potential targets for cyberattacks. Beyond cybersecurity, open-source intelligence may also be used in fields like law enforcement, marketing, national security, media, and academic study
Open-Source Intelligence Market Overview
Disinformation and misinformation campaigns have drawn more attention in recent years as a danger to national security and broader society. Over the past few years, these risks have changed as a result of persistent political unrest that has allowed the dissemination of misleading information. As a result, the ecosystem around disinformation and counter-disinformation has become more professional. Thus, driving the demand for the open-source intelligence market.
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Open-Source Intelligence Market: Strategic Insights
Market Size Value in Euro 3,422.74 Million in 2021 Market Size Value by Euro 10,858.24 Million by 2028 Growth rate CAGR of 17.9% from 2021-2028 Forecast Period 2021-2028 Base Year 2021
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Open-Source Intelligence Market: Strategic Insights
| Market Size Value in | Euro 3,422.74 Million in 2021 |
| Market Size Value by | Euro 10,858.24 Million by 2028 |
| Growth rate | CAGR of 17.9% from 2021-2028 |
| Forecast Period | 2021-2028 |
| Base Year | 2021 |
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Open-Source Intelligence Market Drivers and Opportunities
Cost Effectiveness of Open-Source Intelligence Solutions to Favor the Market
Compared to other forms of intelligence gathering, OSINT is less expensive since it concentrates on information that is readily available to the public. Additionally, it is far more feasible because all of the software and tools needed to assist the gathering of open-source information are primarily offered at a fair price to the general public. As a result, OSINT is an important resource for businesses of all shapes and sizes. By enhancing other types of intelligence, OSINT can help more established businesses become more aware of their digital footprints, vulnerabilities, and threats.
Use of Artificial Intelligence and Machine Learning (AI/ML) to Assist OSINT
As OSINT technology develops, a growing number of people are suggesting that AI and ML be used to support OSINT research. Public reports state that artificial intelligence is already being used by intelligence and government organizations to collect and process social media data. AI and ML are being used by military groups to detect and counteract organized cybercrime, false propaganda, terrorism, and other national security threats on social media platforms.
Open-Source Intelligence Market Report Segmentation Analysis
Key segments that contributed to the derivation of the open-source intelligence market analysis are technique and end-user.
- Based on the technique, the open-source intelligence market is divided into text analytics, video analytics, social media analytics, geospatial analytics, security analytics, and others. The security analytics segment held the largest share in 2023.
- Based on the end-user, the market is divided into government intelligence agencies, military and defense intelligence agencies, cyber security organizations, law enforcement agencies, private specialized businesses, financial services, and others.
Open-Source Intelligence Market Share Analysis by Geography
The geographic scope of the open-source intelligence market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South & Central America.
North America holds a significant share of the open-source intelligence market in 2023. Countries like the US and Canada have a prominent IT infrastructure for nurturing and developing solutions such as OSINT. Moreover, these countries have a significant digitalization budget in their defense and military sectors, which is driving the demand in the region.
Open-Source Intelligence Market Report Scope
Open-Source Intelligence Market News and Recent Developments
The open-source intelligence market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the open-source intelligence market are listed below:
- The open-source intelligence company Digital Clues AG ("Digital Clues") has signed a formal agreement to sell its assets to Cellebrite (Nasdaq: CLBT), a leader in Digital Intelligence (DI) solutions for the public and private sectors. The acquisition is anticipated to help expand Cellebrite's global presence within law enforcement intelligence and investigation units, strengthen the company's industry-leading Digital Intelligence platform, and solidify its position as the end-to-end technology partner capable of digitizing the entire investigative workflow. (Source: Cellebrite, Press Release, October 2021)
- Maltego Technologies officially introduced the Maltego Professional and Organization plans to provide existing and new users with more investigative capabilities, data, and services. (Source: Maltego Technologies, Press Release, May 2024)
Open-Source Intelligence Market Report Coverage and Deliverables
The “Open-Source Intelligence Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Open-source intelligence market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Open-source intelligence market trends, as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Open-source intelligence market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the open-source intelligence market
- Detailed company profiles
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Technique and End-User
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, Spain, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
North America dominated the open-source intelligence market in 2023.
The cost-effectiveness of open-source intelligence solutions and government regulations are expected to drive the open-source intelligence market.
Social media intelligence and real-time analytics are likely to remain key trends in the market.
Hyland Software, Inc., Cellebrite, Expert System S.p.A., Google LLC, Maltego Technologies, NetSentries Technologies FZCO, IPS S.p.A., Palantir Technologies, Recorded Future, Inc., Thales Group, and Siemens AG are among the leading payers operating in the open-source intelligence market.
The open-source intelligence market size is projected to reach US$ 17.75 billion by 2031
The open-source intelligence market is expected to register a CAGR of 17.9% during 2023–2031
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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