Open-Source Intelligence (OSINT) Market Analysis

The open-source intelligence market size from the dark web analysis segment is projected to observe more than 5% CAGR during the forecast period. Dark web analysis is gaining demand as it comes about as a cost-effective and high security offering tool. To meet consumer needs, businesses in the market are introducing new, cutting-edge dark web analysis solutions. For instance, in November 2021, NICE Actimize introduced its IFM-X Dark Web Intelligence product, offering thorough, multilingual coverage of malware networks, underground fraudster infrastructure, and the Dark and Deep Web. The technology helped financial service firms to overcome numerous difficulties while identifying dynamic fraud and account takeover threats.
 

The open-source intelligence market share from the national security segment will expand at 25% CAGR till 2032, attributed to the increasing cyberattacks across countries like the U.S. According to estimates from the Interstate Technology & Regulatory Council (ITRC), in 2022, the average number of public sector data breaches was around 4,100 in the United States. Using open-source intelligence solutions can help National Security Agencies to gain data and actionable intelligence insights to detect illegal activities, asses risks at scale, identify national and global threats, protect national assets, and identify trends that may be a risk to national security.
 

North America OSINT market accounted for USD 2 billion revenue in 2022, credited to closing cybersecurity loopholes. Growth in IT and e-commerce sectors in the U.S. has given a rise to cybercrimes, causing massive losses to the U.S. government and enterprises. New cases of data breaches in the U.S. and growing complexity of cyberattacks would promote the adoption of OSINT solutions among enterprises. For instance, in 2022, Cisco revealed that successful spear-phishing attacks accountable for 95% of breaches in enterprise networks