Open Source Intelligence Industry - Regional Synopsis
North America Market Forecast
By the end of 2037, North America open source intelligence (OSINT) market is projected to hold over 40% revenue share. Factors driving the market in the region include the adoption of advanced technology, a well-established supply chain, a rising number of cyber threats, modern infrastructure, and awareness of the importance of artificial intelligence in gathering information in various sectors. The region's demand for open source intelligence software and tools market is majorly driven by industries such as healthcare, automotive, technology, etc.
The U.S. is a leader in adopting advanced technology and has a growing demand for intelligence tools. It is one of the top countries generating revenue in the global open source intelligence (OSINT) market. Strict government security regulations are encouraging organizations to adopt open source intelligence solutions. Currently, open source intelligence is widely used in surveillance systems and helps improve public intelligence capabilities. The most common cyber threat faced by businesses and individuals is phishing. Around 53.35 million local citizens were affected by cybercrime in the first half of 2022. The increase in cybercrime is correlated with data breaches that have risen by 72% since 2021. On average, data breaches cost USD 4.88 million to businesses in 2024.
In Canada, the OSINT market is driven by rising concerns about data privacy and security. the integration of artificial intelligence and machine learning technologies can be beneficial for the growth of the open source intelligence (OSINT) market. The Canadian Internet Use Survey stated that individuals aged 15 and older face cyber security incidents in Canada. This concern has been rising since 2018 when over two-thirds (70%) of Canadians experienced a cyber security incident in 2022, which has risen from 2020 (58%) and 2018 (52%). Additionally, in 2023, about 1 in 6 (16%) Canadian businesses were affected by cybersecurity incidents.
APAC Market Analysis
Asia Pacific is one of the fastest-growing open source intelligence (OSINT) market due to technological advancements, rapid industrialization, urbanization, increasing cases of cyber threats, and growing demand for real-time information. In 2021, organizations in Asia experienced the most attacks, accounting for almost 26% of all attacks worldwide. One of the most important growth drivers of the Asia Pacific open source intelligence (OSINT) market is the dire need for comprehensive security solutions amidst rising cyber threats and geopolitical tensions. Governments, military agencies, and businesses across the region are increasingly relying on OSINT tools and techniques to monitor and analyze data from social media, news outlets, and other online platforms to increase situational awareness and threat detection. For instance, between May 2020-2021, cyber crime in the Asia-Pacific region increased by 168%.
The adoption of open source intelligence tools among various organizations and the rise in demand for cloud-based OSINT among small and medium enterprises (SMEs) drive the growth of the OSINT market. The Asia Pacific region's growing middle class and increasing consumer awareness also contribute to the open source intelligence (OSINT) market expansion. In China, Nio a Chinese electric vehicle (EV) market is transforming its business by using open-source intelligence software, including containers, Kubernetes, and KubeEdge, to improve the development and quality of its EV software. This software can adapt to irregular network latency and internet connectivity.
