Open Source Intelligence Market Predicted to Experience Strong Growth Through 2027 | CAGR of 24.7%

Increasing volume & variety of data available through open sources & growing need for real-time intelligence driving the open source intelligence market growth.

PORTLAND, PORTLAND, OR, UNITED STATES, May 11, 2023 /EINPresswire.com/ — The global open source intelligence market was valued at $5.02 billion in 2018 and is expected to increase at a CAGR of 24.7% from 2020 to 2027, reaching $29.19 billion by 2026.

Open source intelligence (OSINT) tools aid in the conversion of raw data into a more valued format suitable for advanced tasks such as machine learning and data analytics. The fundamental purpose of open source intelligence is to assist organisations in reducing the time spent on data collection and organisation.

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The Open Source Intelligence (OSINT) market is being driven by a number of factors, including the increasing volume and variety of data available through open sources, the growing need for real-time intelligence and the need for cost-effective solutions. The vast amount of data available through open sources, such as social media, blogs, and news outlets, is a major driver of the OSINT market. Organizations are leveraging OSINT solutions to collect and analyze this data to gain insights into various areas, such as market trends, consumer behavior, and security threats.

The need for real-time intelligence is also driving the growth of the OSINT market. With the volume of data available increasing rapidly, organizations need solutions that can quickly analyze and provide actionable intelligence. This is particularly important in industries such as law enforcement, defense, and intelligence, where rapid response to emerging threats is critical. Additionally, the cost-effectiveness of OSINT solutions compared to traditional intelligence gathering methods is another driver of the market. OSINT solutions offer a more cost-effective way to collect and analyze intelligence, which is attractive to organizations operating with limited budgets.

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The Open Source Intelligence (OSINT) market is witnessing several trends that are shaping the industry. One major trend is the adoption of artificial intelligence (AI) and machine learning (ML) in OSINT solutions. These technologies enable faster and more accurate analysis of large volumes of data, allowing organizations to extract actionable intelligence more efficiently. AI and ML can also help to automate certain aspects of the OSINT process, such as data collection and filtering, freeing up analysts to focus on higher-value tasks.

Another trend is the increasing use of social media and other non-traditional sources of information in OSINT solutions. As the use of social media continues to grow, organizations are realizing the value of these platforms as a source of information. OSINT solutions are now being designed to analyze social media posts, including text, images, and video, to gain insights into various areas, such as public opinion, consumer sentiment, and security threats. The use of non-traditional sources of information is expected to continue to grow in the coming years, driving the development of new OSINT solutions and services.

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The key players profiled in the open source intelligence market analysis are Alfresco Software Inc., Digital Clues, Expert Systems S.p.A, Google LLC, Maltego Technologies GmbH, OffSec Service Limited, Octogence Technologies Pvt. Ltd., Palantir Technologies Inc., Recorded Future, Inc., and Thales Group. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.

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David Correa
Allied Analytics LLP
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