Open-Source Intelligence Market Size

Open-Source Intelligence Market size was valued at USD 8.63 billion in 2023 and is set to cross USD 86.51 billion by 2036, expanding at more than 19.4% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of open-source intelligence is evaluated at USD 9.97 billion. The growth of the market can be attributed to the increasing adoption of open-source intelligence tools among organizations, and growing demand for cloud-based open-source intelligence (OSINT). Along with these, governments all around the world are have been taking various initiatives for implementing stringent data protection regulations to safeguard organizational and individual data. This is also considered to be a crucial factor predicted to drive market growth in the upcoming years. Furthermore, rising advancements in big data and analytics technologies, coupled with growth in penetration of artificial intelligence in several public and private sectors are expected to offer profitable opportunities to the open-source intelligence market in the near future.  In 2019, more than 52 percent organizations around the world admitted to using big data technologies, whereas about 37 percent were willing to use these technologies in the future.