DUBLIN–(BUSINESS WIRE)–The “Counter Surveillance Market – Forecasts from 2021 to 2026” report has been added to ResearchAndMarkets.com’s offering.
The global counter surveillance market is evaluated at US$1.068 billion for the year 2020 growing at a CAGR of 11.24% reaching the market size of US$2.023 billion by the year 2026.
Counter surveillance is a combined term used for the methods used to prevent the surveillance of an individual from another for criminal purposes. With the evolving technology, the rate of generation of data has increased exponentially. This data is being used for various purposes by different companies, for instance, to understand their customer better, serve them in a more customised manner or keep a track of the service being provided to them and several others.
Moreover, with the technological developments happening in every sector, the size of the devices a consumer uses for everyday has decreased significantly over the years. Even though a lot of research and developments are being taken place in order to keep the privacy of a consumer safe, there has been cases of data breach, cyber-attacks and other cybercrimes through which the criminal is able to keep a track of the victim and steal important data and even their identity.
The methods to prevent all of this from happening and thereby being able to monitor any such malicious attacks come under counter surveillance. The counter surveillance market is being driven with the rapid generation of consumers data and thus the increasing tendency of a data breach and similar such cyber-crimes.
A key factor driving the market for counter surveillance is the rising concern about data breaches and identity theft which have increased over the years owing to the rapid pace of data generation across several platforms, sectors and countries. For instance, according to the Identity Theft Resource Center’s End-of-Year 2019 Data Breach Report, the total number of cases of data breach reached 1473 which is about a 17% increase as compared to that in the previous year.
Furthermore, one of the biggest breach in the history occurred in the United States in the year 2019. A major purpose for which the hackers do these data breaches is to sell the personal information of the victims, the personal information stolen can be further used for identity theft, used for extortion and other such purposes. The increasing awareness about data security and privacy amongst the customers of different data driven platforms is expected to drive the market during the forecast period.
The sudden change of business operations worldwide from a physical platform to a digital one during the pandemic owing to the strict protocols being set by the governments across several countries has created more security vulnerabilities which has led to a rapid increase in the data attacks during the pandemic.
The market for counter surveillance solutions spiked during the pandemic owing to an increased number of such cases which led to a rise in the fear of data loss by several companies as well.
Competitive Insights
The players in the global counter surveillance market are implementing various growth strategies to gain a competitive advantage over their competitors in this market. Major market players in the market have been covered along with their relative competitive strategies and the report also mentions recent deals and investments of different market players over the last few years.
The company profiles section details the business overview, financial performance (public companies) for the past few years, key products and services being offered along with the recent deals and investments of these important players in the market.
Key Topics Covered:
1. Introduction
1.1. Market Definition
1.2. Market Segmentation
2. Research Methodology
2.1. Research Data
2.2. Assumptions
3. Executive Summary
3.1. Research Highlights
4. Market Dynamics
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.4. Industry Value Chain Analysis
5. Counter Surveillance Market Analysis, by type of solution
5.1. Introduction
5.2. Software
5.3. Services
6. Counter Surveillance Market Analysis, by end user
6.1. Introduction
6.2. Government
6.3. Personal security
6.4. BFSI
6.5. Retail
6.6. Others
7. Counter Surveillance Market Analysis, by Geography
7.1. Introduction
8. Competitive Environment and Analysis
8.1. Major Players and Strategy Analysis
8.2. Emerging Players and Market Lucrativeness
8.3. Mergers, Acquisitions, Agreements, and Collaborations
8.4. Vendor Competitiveness Matrix
9. Company Profiles
- BrickHouse Security
- Selcom security
- Esoteric Ltd
- MSA Security
- Shearwater TSCM
- Blackhawk Intelligence
- Prudential Security, Inc.
- International Counterintelligence Services, Inc
- CRFS
- Brigade Security Consultants
For more information about this report visit https://www.researchandmarkets.com/r/mkvc97