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Asia Pacific Open Source Intelligence Market Forecast 2019-2028

The Asia Pacific open source intelligence market is evaluated to register a CAGR of 18.01%, over the forecast years of 2019 to 2028. The increasing risk of cyber-attacks and the growing adoption of OSINT by cybersecurity firms, and military and defense intelligence are expected to drive the region's market growth.

The Asia Pacific open source intelligence market growth is assessed by analyzing Vietnam, Thailand, Australia & New Zealand, India, South Korea, Japan, Indonesia, China, and the rest of the Asia Pacific. Owing to the COVID-19 pandemic, cybersecurity in India is gaining immense traction from the government, and company boards. For instance, the present estimated employee base of cybersecurity services enterprises is nearly 110,000, and is expected to observe a growing trend over the upcoming years. Likewise, more than 35% of companies are set to re-skill at least half of their security workforce, with 60% prioritizing the employment of skilled talent, particularly for performing security operations.
India is among the leading nations to increase its military expenditure, weapons import from several private firms and countries, and security and defense budget. In the last thirty years, the country has also witnessed notable variations in its strategic thinking. As a result, this has highlighted significant changes in India's defense policies, as well. Thus, these factors are predicted to fuel the market growth, over the forecast period.

Some of the eminent enterprises in the market include, Alphabet Inc (Google), Recorded Future Inc, Alfresco Software Inc, Palantir Technologies Inc, Expert System SPA, Offensive Services Limited, etc.

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Asia Pacific Open Source Intelligence Market Forecast 2019-2028
Published By :Inkwood Research
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