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Overview and Scope
Open-source intelligence (OSINT) refers to the process of identifying, collecting, processing, evaluating, and reporting information gathered from public sources such as broadcast TV and radio, social media, and websites for intelligence purposes. Open source intelligence is used to detect potential network flaws, vulnerabilities, and external attacks.
Sizing and Forecast
The open source intelligence market size has grown exponentially in recent years. It will grow from $12.2 billion in 2023 to $15.15 billion in 2024 at a compound annual growth rate (CAGR) of 24.2%. The growth in the historic period can be attributed to proliferation of online information, advances in web scraping and crawling technologies, increased cyber threats and cybersecurity concerns, rising importance of social media data, globalization and interconnectedness of information.
The open source intelligence market size is expected to see exponential growth in the next few years. It will grow to $38.07 billion in 2028 at a compound annual growth rate (CAGR) of 25.9%. The growth in the forecast period can be attributed to growing emphasis on threat intelligence, integration of artificial intelligence in osint, expansion of dark web monitoring, increased adoption in corporate risk management, collaboration between public and private sectors. Major trends in the forecast period include real-time osint analysis, geospatial intelligence and mapping, focus on deep and dark web monitoring, enhanced automation and machine learning in osint, integration with cybersecurity platforms
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Segmentation & Regional Insights
The open source intelligence market covered in this report is segmented –
1) By Source Type: Media, Internet, Public Government Data, Professional and Academic Publications, Commercial, Other Source Type
2) By Technique: Text Analytics, Video Analytics, Social Media Analytics, Geospatial Analytics, Security Analytics, Other Technique
3) By End User: Government Intelligence Agencies, Military and Defense Intelligence Agencies, Cyber Security Organizations, Law Enforcement Agencies, Financial Services, Private Specialized Business, Other End User
North America was the largest region in the open source intelligence market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the open source intelligence market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
The increasing prevalence of fraud carried out through social media is expected to drive the open-source intelligence market. Social media is internet-based communication that allows people to converse, share their information, and produce web content. Open-source data helps in identifying cyber danger indicators through social media, such as fraudulent domains or bogus social media accounts, which could be exploited to launch an attack. For instance, according to the Federal Trade Commission, a US-based consumer protection body, in 2021, over $770 million in damages were attributed to fraud that was perpetrated on social media sites, according to roughly 95,000 people. Of all recorded fraud-related losses, these losses make up around 25%. Therefore, the increasing prevalence of fraud carried out through social media is driving open-source intelligence market growth.
Key Industry Players
Major companies operating in the open source intelligence market report are Expert System S. p. A., Palantir Technologies Inc., Thales Group, Maltego Technologies GmbH, Sapphirenet S. r. l., Recorded Future Inc., DigitalStakeout Inc., Echosec Systems Ltd., BrightPlanet LLC, Geofeedia Inc., DataWalk Inc., Webhose. io Ltd., Hootsuite Media Inc., Media Sonar Technologies Inc., ZeroFOX Inc., Socialbakers a. s., Zignal Labs Inc., Babel Street Inc., MediaSift Ltd., Silobreaker Ltd., Skopenow Inc., Cobwebs Technologies Ltd., Social Sentinel Inc., Ontic Technologies Inc., Verint Systems Inc., Terbium Labs Inc., Cyveillance Inc., ThreatConnect Inc., SafeGraph Inc., Signal Media Limited, Dataiku Inc.
The open source intelligence market report table of contents includes:
- Executive Summary
- Market Characteristics
- Market Trends And Strategies
- Impact Of COVID-19
- Market Size And Growth
- Segmentation
- Regional And Country Analysis
……….
- Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions
- Future Outlook and Potential Analysis
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