South America Open-Source Intelligence Market

Market Introduction

The SAM open-source intelligence market is segmented into Brazil, Argentina, and the Rest of SAM. The region is characterized by a mixed growth scenario, with many countries having difficult political and economic conditions. Despite many hurdles, constructive actions by governments are expected to propel the development of economies at a sustainable rate during the forecast period. Several countries in SAM lack infrastructure and resources needed for the growth of their economies. Latin America's politicians, corporate executives, and legal practitioners are paying close attention to privacy, data breach, and cybersecurity issues, as it is the case in most of the world's industrialized areas. As a result, developing and implementing privacy-focused policies are top priorities across the region. SAM also appears to be on course to embrace robust data protection regimes influenced by the European GDPR.  Brazil is the region's pioneer in the creation of financial technology institutions. The country has a thriving fintech industry that is driven by innovation. The National Monetary Council of Brazil has released a new regulation on Cybersecurity Policies and Requirements for Data Processing and Storage, which will provide more assurance to financial institutions while also imposing significant requirements. Thus, the rising government initiatives across SAM to implement data protection rules is expected to contribute to the growth of the SAM open-source intelligence market in the coming years.

In case of COVID-19, SAM is highly affected specially Brazil, which has reported the largest number of cases, followed by Ecuador, Chile, Peru, and Argentina, among others. The pandemic has compelled several country governments to impose lockdowns and suspend economic activities to contain the spread of the virus. Owing to the strict lockdown imposed by the governing bodies, the countries experienced a decline in adoption of rapid technologies and automation among all industries across the region. The Latin American countries also experienced a surge in data breaching cases during the pandemic leading to increase in demand for open-source intelligence. For instance, in November 2020, a hospital employee published a spreadsheet with identities, passwords, and access keys to important government systems to GitHub, exposing the personal and health information of over 16 million Brazilian COVID-19 patients. Thus, the above-mentioned factors positively impacted the growth of the market in the region.

South America Open-Source Intelligence Strategic Insights

Strategic insights for the South America Open-Source Intelligence provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

South America Open-Source Intelligence Report Scope

South America Open-Source Intelligence Regional Insights

The geographic scope of the South America Open-Source Intelligence refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

The SAM open-source intelligence market is expected to grow from Euro 492.21 million in 2021 to Euro 1,002.22 million by 2028; it is estimated to grow at a CAGR of 10.7% from 2021 to 2028. With the rise in small and medium enterprises across the region coupled with their increasing investments in the expansion of their businesses both geographically and by expanding their product portfolios, the organizations have experienced increase in adoption of digital platforms to perform their daily businesses. Some SMEs had to adopt digital channels owing to the sudden COVID-19 outbreak pandemic. The use of digital solutions can create the risk of data loss and theft, which can hinder the growth of an enterprise. For instance, in February 2020, a leading company that deals with face recognition technology, suffered a data breach. The attacker acquired unauthorized access to companies whole client list. Around 3,000,000,000 pictures collected by the corporation from social media sites, such as Facebook, Instagram, and YouTube, were also revealed as part of the data breach. Furthermore, user accounts created by clients and searches they conducted were hacked. The breach led to huge losses for both companies, their clients, and the public at large. Thus, owing to the above-mentioned factors, the demand for OSINT solutions is growing rapidly among enterprises, which is driving the growth of the SAM open-source intelligence market.

Key Market Segments

In terms of technique, the security analytics segment accounted for the largest share of the SAM open-source intelligence market in 2020. In terms of end-user, the cyber security organizations segment held a larger market share of the SAM open-source intelligence market in 2020.   

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the SAM open-source intelligence market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Alfresco Software, Inc.; EXPERT SYSTEM S.P.A.; Google LLC; Palantir Technologies; and Thales Group.  

Reasons to buy report

• To understand the SAM open-source intelligence market landscape and identify market segments that are most likely to guarantee a strong return
• Stay ahead of the race by comprehending the ever-changing competitive landscape for SAM open-source intelligence market
• Efficiently plan M&A and partnership deals in SAM open-source intelligence market by identifying market segments with the most promising probable sales
• Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form SAM open-source intelligence market
• Obtain market revenue forecast for market by various segments from 2021-2028 in SAM region.

SAM Open-Source Intelligence Market Segmentation

SAM Open-Source Intelligence Market - By Technique

• Text Analytics
• Video Analytics
• Social Media Analytics
• Geospatial Analytics
• Security Analytics
• Others

SAM Open-Source Intelligence Market -

By End-user

• Government Intelligence Agencies
• Military and Defense Intelligence Agencies
• Cyber Security Organizations
• Law Enforcement Agencies
• Private Specialized Business 
• Financial Services
• Others

SAM Open-Source Intelligence Market - By Country

• Brazil   
• Argentina
• Rest of SAM   

SAM Open-Source Intelligence Market - Company Profiles

• Alfresco Software, Inc.
• EXPERT SYSTEM S.P.A.
• Google LLC
• Palantir Technologies
• Thales Group