The report forecasts that Big Data and Data Analytics industry revenues will grow at a 2019-2026 CAGR of 11.62% and reach $17.27 billion by 2026.
The use of big data and data analytics by Homeland Security, Defense, Public Safety organizations and intelligence agencies is on the rise, mostly because the world is becoming more digital and connected. This is creating new opportunities, not only for data collection and storage, but also for intelligence processing, exploitation, dissemination, and analysis. Big data and data analytics technologies can increase the investigative capabilities of intelligence organizations in many relevant aspects, including: war on crime & terror, defense from cyber-attacks, public safety analytics, disaster and mass incident management, and development of predictive capabilities. All fields of Intelligence benefit from big data growth including Osint Market, Sigint Market, Cyber defense activities, financial investigations.
Direct threats to the national security and public safety of countries are on the rise and have evolved from large-scale nation-to-nation conflicts to more pinpointed and contained conflicts. These threats, such as lone-wolf attacks, terrorism, natural disasters, organized crime, proliferation of weapons of mass destruction and cybercrime have changed the way nations are dealing with their national security issues. These new security threats and risks to the national safety of nations will force homeland security and public safety organizations to adopt new technologies and systems that are better equipped to deal with more advanced modes of operations as well as the massive amounts of data that they generate and can be used against them.
As governments and agencies adopt new technologies as part of their digital modernization programs - from automation to AI to 5G-enabled edge devices they all understand that the success of these efforts depends upon fueling this digital infrastructure in a secure manner with the vast flow of data available from external sources, internal systems, and connected sensors and platforms. Whoever is able to reach data superiority and leverage (big) data will gain critical advantages. Therefore, big data and data analytics have become a cornerstone for operations for intelligence, police, first responders, military and even border control operations for the last years. These organizations have all been dealing with data collection, analysis, and dissemination for years. However, today, advanced big data analytics as well as AI is changing the way they are monitoring, gathering, and analyzing sources and transforming them into a much more data-driven, precise, and efficient organization.
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