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Open-Source Intelligence (OSINT) Market Size

Report ID: GMI5037
Published Date: Feb 2023
Report Format: PDF

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Open-Source Intelligence Market Size

Open-Source Intelligence Market size crossed USD 5 billion in 2022 and is expected to record nearly 25% CAGR from 2023 to 2032.

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An increase in cases of cybercrimes, terrorism, and other related illicit activities will fuel the market demand. Cybercrimes, including phishing, hacking, online identity theft, and ransomware attacks, are spreading quickly and causing huge financial losses and business delays worldwide. According to data released by the National Police Agency, there were 230 ransomware attacks recorded in Japan in the year 2022, up 84 from the previous year. Hospitals, universities and small and large companies were among the key targets of ransomware attacks. As OSINT provides a strong cybersecurity solution and data protection, its adoption is set to increase across various businesses over the forecast period.

Open-Source Intelligence Market Report Attributes
Report Attribute	Details
Base Year:	2022
Open-Source Intelligence Market Size in 2022:	USD 5 Billion
Forecast Period:	2023 to 2032
Forecast Period 2023 to 2032 CAGR:	25%
2032 Value Projection:	USD 60 Billion
Historical Data for:	2018 to 2022
No. of Pages:	160
Tables, Charts & Figures:	255
Segments covered:	Security, Technology, Application, and Region
Growth Drivers:	The rising availability of publicly available unclassified information Rise in illegal practices such as cybercrimes, and terrorism Rapid penetration of advanced big data processing and data analytics Penetration of artificial intelligence across the military and defense sector Growing affinity of enterprises toward unstructured data for business intelligence
Pitfalls & Challenges:	Stringent regulations on data privacy and fair usage of publicly available data Lack of expert professionals and limited skillsets in the OSINT industry

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Limited skill sets and a lack of experienced individuals in the OSINT sector could hamper the market growth. The absence of complete knowledge related to the advantages of these solutions is another factor creating a gap between demand and supply. However, the rise of cybercrimes and regulatory compliance standards are making it important for enterprises and the public sector to embrace cutting-edge security solutions.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of open-source intelligence (OSINT) valued at more than USD 5 billion in 2022 and is expected to record nearly 25% CAGR from 2023 to 2032, says this GMI report.

Open-source intelligence industry share from the dark web analysis segment is poised to witness over 5% CAGR from 2023 to 2032, owing to its cost-effectiveness and higher security capabilities.

The market size for open-source intelligence in Asia Pacific is predicted to register a growth rate of 25% through 2032, led by new investments in big data analytics, and cyber security technology.

Alfresco (Hyland Software, Inc.), Cellebrite, CybelAngel, Dassault Systems, Dataiku, Expert.Ai, Google LLC (Alphabet Inc.), Maltego Technologies (Maxburg Capital Partners), NICE Ltd., and Verint Systems are some of the leading manufacturers in the market.