Type (IMIS Catchers, GSM Interceptors, CDMA Interceptors, 4G/LTE Interceptors, 5G Interceptors)
The 5G interceptors segment in the stingray device market is expected to gather the highest revenue share of about 30% over the forecast period. The requirement for stingray devices with 5G interceptors increases with the rollout of 5G technology. Between the end of 2021 and the end of 2022, the number of 5G wireless connections worldwide climbed by over 75%, to a maximum of about 2 billion. However, the rapid adoption of 5G technology raises the possibility of cybersecurity breaches. Cyberattacks might grow more common as a result of the increasing number of computers and linked gadgets. In contrast to earlier technologies, 5G offers direct access to the cellular network, which raises the risk of a direct attack. Such security weaknesses may be exploited by attackers to launch complex attacks. Therefore, it is anticipated that as 5G implementation increases, so will the potential concerns. In order to track and intercept conversations across 5G networks, law enforcement, and intelligence agencies are striving to enhance their surveillance capabilities.
Application (Law Enforcement & Intelligence Agencies, Military & Defense, Private Sector)
The military & defense segment in the stingray device market is poised to generate the largest revenue share of about 50% over the forecast period. The need for enhanced signals intelligence (SIGINT) capabilities is what drives the market for Stingray devices in the military and defense sector. Stingrays may be used by military and intelligence agencies to track and intercept enemy communications, providing vital data for military operations and national security. Their deviousness and agility render them valuable resources in various situations involving disobedience. Furthermore, with the rise in terrorism activities the need for stingray devices is growing in military & defense segment. For instance, the most active terrorist group in 2021 was the Taliban, which mostly conducts operations in Afghanistan and was accountable for about 799 incidents. Almost 4,499 people died as a result of the attacks.
Our in-depth analysis of the global stingray device market includes the following segments:
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Author Credits: Abhishek Verma
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