Global Open Source Intelligence (OSINT) Market Size, Status and Forecast 2021-2027

Open Source Intelligence Market Trends

OSINT helps businesses to maintain their competitive edge

In a highly digital world companies need to adapt quickly in order to stay relevant. A lot of information is out there on public domains for careful scrutiny. Open-source intelligence helps enterprises to gather data on business opportunities, tenders, and Know Your Customer( KYC) norms. Digital footprint analysis helps in the timely identification of unique selling points thereby closing customer deals easily and at the same time maintaining their loyalty. The tools help in procurement, compliance checkups, and bringing up corrupt investigations thereby reducing operating expenses. Furthermore, rival company analysis takes place in real-time with full legitimacy. A plethora of useful data at the user’s fingertips helps assess brand management and weed out specific reasons that could hurt the reputation of the company such as software leaks, illegal trading on the dark web, and stealing of IP addresses. Such factors will boost the growth of the open-source intelligence market during the forecast period.  

Booming social media Usage

Social platforms like Facebook, Twitter, and Instagram run on open-source domains. Typically these websites can be accessed by anyone in the world. People share everything from their personal lives to the type of brands they follow online. Social media analytics can be a key differentiator for gathering consumer feedback and detecting their purchasing journey on these platforms. OSINT helps identify important patterns by combing through thousands of data points on how consumers feel about your product or brand online. By aligning your searches with the end-users expectations you can eventually boost engagement and sales significantly.  Accordingly, they can target their promotional activities, and advertising, and gain valid leads rather than conventional methods. This will ultimately surge the demand for the open-source intelligence market in the forthcoming years. 

Protection against security threats

Counterintelligence steps must be undertaken to prevent hackers from processing vulnerable data. Open-source intelligence tools are used by security professionals to compress publicly available data that could pose a threat to an organization’s security. It identifies threat actors and intercepts them before the actual assault thereby preventing huge damage to a friendly network. This will drive the growth of the open-source intelligence market in the forthcoming years. After the covid 19 pandemic, there has been a rapid surge in fake news and gross violation of human rights owing to strict clampdown for restricting the spread of the virus. Tracking these events on public forums is an urgent requirement which increases the need for OSINT tools and resources.

Rapid strides in big data analytics

A huge volume of unstructured, structured, and semi-structured voluminous data is freely available on the internet, social media, and other discussion forums. Businesses are tapping into these large datasets for enhancing their sales pattern. A lot of user-generated data is taking shape in the virtual world. Big data allows for significant storage, transfer, and processing of data within seconds. Together with OSINT it can extract valuable information about terrorist networks and pass it on to intelligence agencies. Legal authorities will benefit immensely. This in turn is going to spur the growth of the open-source intelligence market during the forecast period. 

Stricter data privacy regulations and lack of specialized knowledge

Data privacy rules such as the GDPR( General Data Protection Rule) have forced data analysts to change their way of tracking, collecting, processing, and analyzing information for making conclusions. Enterprises now have to take the consent of the appropriate data subjects before they begin their scrutiny. Moreover with a significant surge in data creation companies need to apply content filters and skill up their employees to handle the extraction of high-quality information. These factors will hamper the growth of the open-source intelligence market in the coming years. 

Open Source Intelligence Market Share Analysis

Based on type, the cyber security segment is expected to maintain the lead in the open-source intelligence market share as businesses turn digital it becomes imperative to protect their virtual assets. Cyber security firms protect confidential corporate information from internal and external cyberattacks. It provides a secure data-sharing network to enterprises for carrying out their operations smoothly. 

Based on application, the private sector is expected to be the most lucrative in the open-source intelligence market share due to the booming popularity of social media platforms and their ability to attract genuine leads better than traditional advertising methods. Then there are social media analytics and text analytics that will open up brighter prospects in the coming years.

Based on region, North America will witness considerable growth in the open-source intelligence market share due to its well-developed industry infrastructure and growing use by several organizations to gain advanced business insights. 

OSINT Market By Type

• Video Analytics
• Text Analytics
• Visualization Tool
• Cyber Security
• Web Analysis
• Social Media Analysis
• Others

OSINT Market By Application

• Private Sector
• Public Sector
• Other

OSINT Market By Region 

• North America
• U.S.
• Canada
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic
• Rest of Europe
• Asia-Pacific
• China
• Japan
• South Korea
• Southeast Asia
• India
• Australia
• Rest of Asia
• Latin America
• Mexico
• Brazil
• Rest of Latin America
• Middle East & Africa
• Turkey
• Saudi Arabia
• UAE
• Rest of MEA

OSINT Market By Company

• Thales Group
• Palantir Technologies
• Verint
• Micro Focus
• Recorded Future
• Expert System
• Sail Labs Technology
• RESI
• Cyware
• Hypersight

Scope of the OSINT Market Report