Asia-Pacific Open-Source Intelligence Market Dynamics and Trends by 2028

The APAC open-source intelligence market is expected to grow from Euro 547.50 million in 2021 to Euro 2,071.75 million by 2028; it is estimated to grow at a CAGR of 20.9% from 2021 to 2028.

China, India, Japan, South Korea, and Australia are major economies in APAC. Amalgamation of technology like artificial intelligence is expected to fuel the market growth. Artificial Intelligence (AI) is becoming increasingly important for security purposes across all industries. AI web intelligence improves the efficiency of automated web investigations in the context of criminal investigations. Therefore, it is employed for decision-making. Overall, AI-powered OSINT tools, such as SOCMINT technologies, assist agencies and organizations in swiftly and efficiently making sense of enormous amounts of publicly available internet and social media data from a variety of OSINT sources. Due to the risk of exposure, deep and dark web surveillance is one of the most difficult cybercrime challenges for law enforcement. In criminal investigations, OSINT and social media intelligence (SOCMINT) enable web fingerprint reconstruction or facial identification, making them suitable forensic tools. These techniques enable investigators to acquire access to information that would otherwise be unavailable, allowing them to trace links between threat actors or groups that appear to be unrelated. Additionally, AI-powered open-source intelligence offers various benefits such as speeding up the whole investigation process, minimizing the risk of missing any aspect in the investigation, visibility, and safety of information. Thus, the adoption of AI-powered OSINT is expected to increase in the coming years, which would create lucrative opportunities for the growth of the APAC open-source intelligence market during the forecast period.

In case of COVID-19, APAC is highly affected specially India. The COVID-19 pandemic has severely impacted APAC due to wide disease spread; countries in this region are among the highly populated countries in the world, which leads to the greater risk infection spread. Many global brands and technological companies are headquartered in the region. According to the Organization for Economic Co-operation and Development (OECD), the pandemic has affected major economies such as China, India, Australia, and Japan, which are experiencing inflation. The rapid outbreak of the COVID-19 pandemic has led to strict lockdowns across the region since the starting of 2020. Some part of the region like India are still facing lockdowns owing to the rising cases across the country. The region has been experienced a closure of all business activities in the initial moths of 2020, thereby leading to declining investment in any form of technologies and increase in digital adoption to carry on daily business operation from remote locations. However, during the pandemic, the region experienced a rise in data breaching cases leading to the increase in demand for security solutions among the enterprises. For instance, in November 2020, BigBasket, a famous Indian online grocery retailer, was claimed to have experienced a data breach that affected over 2 crore consumers' personal information. Personal information such as email addresses, full names, and IP addresses has been hacked as a result of this data breach and is reportedly being sold on the dark web. Thus, the above-mentioned factors have positively impacted the growth of the market in the region.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the APAC open-source intelligence market. The APAC open-source intelligence market is expected to grow at a good CAGR during the forecast period. 

APAC Open-Source Intelligence Market Segmentation   

APAC Open-Source Intelligence Market – By Technique

• Text Analytics
• Video Analytics
• Social Media Analytics
• Geospatial Analytics
• Security Analytics
• Others

APAC Open-Source Intelligence Market – By End-user

• Government Intelligence Agencies
• Military and Defense Intelligence Agencies
• Cyber Security Organizations
• Law Enforcement Agencies
• Private Specialized Business
• Financial Services
• Others

APAC Open-Source Intelligence Market, by Country

• Australia
• China
• India
• Japan
• South Korea
• Rest of APAC

APAC Open-Source Intelligence Market -Companies Mentioned

• Alfresco Software, Inc.
• Google LLC
• NetSentries Technologies FZCO
• Palantir Technologies
• RECORDED FUTURE, INC. 
• Thales Group

Asia-Pacific Open-Source Intelligence Report Scope