Authored By: Sarah
19 Aug 2024

Imsi Catcher Market Size to grow by USD 65.6 million between 2024-2028

Technavio, a leading provider of market research reports, has released its latest study on Imsi Catcher Market. This report offers a comprehensive analysis of the current market trends, emerging opportunities, and key challenges.

Key Highlights:

  • Market Research Overview: According to Technavio, the Imsi Catcher Market falls under the broader category of the global Technology Hardware, Storage, and Peripherals Market, which is a significant segment of the overall Information Technology Market. This market encompasses manufacturers of cellular phones, personal computers, servers, electronic computer components, and peripherals, as well as data storage components, motherboards, audio and video cards, monitors, keyboards, printers, and other peripherals. Technavio estimates the market size based on the revenue generated from the sales of these hardware devices, equipment, and components. Key growth drivers for the Technology Hardware, Storage, and Peripherals Market include the increasing demand for data centers, fueled by the surge in work-from-home technologies amidst the COVID-19 pandemic. - The Imsi Catcher Market is experiencing significant growth, fueled by the Need to mitigate criminal activities and terrorist attacks. Businesses are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

  • Major Findings:
    • Need to mitigate criminal activities and terrorist attacks
    • New product development
    • Issues related to privacy
    • Cybersecurity issues
  • Growth Projections

The market size is estimated to grow by USD 65.6 million, at a CAGR of 8.12% during the forecast period. IMSI catchers, also known as Stingrays, are sophisticated intelligence tools utilized by law enforcement agencies for surveillance and identification of unauthorized mobile device users. Vendors in the IMSI catcher market are continually innovating to meet the escalating demand for these devices in intrusion detection systems. One such vendor, Kavit Electronics, offers the KC1000 IMSI catcher. This advanced solution extracts IMSI and IMEI numbers from nearby mobile devices operating in GSM/UMTS/LTE modes, employing a BTS cloning algorithm for enhanced range and efficiency. The KC1000 can be deployed in a multi-catcher configuration, enabling it to track devices that pass through multiple catchers and alert operators when the same device or subscriber is detected, thereby increasing overall system effectiveness.

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  • Regional Insights

The IMSi Catcher market refers to the industry supplying technology solutions that intercept and decode International Mobile Subscriber Identity (IMSI) information from GSM networks. These solutions, also known as Stingrays or IMSI Catchers, enable law enforcement agencies and surveillance organizations to locate and identify mobile device users. The market is experiencing significant growth due to increasing demand for advanced surveillance technologies in national security and law enforcement sectors. Companies offering IMSi Catcher solutions must ensure their products adhere to legal and ethical guidelines to mitigate potential privacy concerns.

About Technavio                                                                        

Technavio is a global market research company offering comprehensive reports and insights on various industries. Our research helps businesses make informed decisions by providing actionable data and trends. Technavio is based on four simple principles: easy-to-access reports, robust industry coverage, a focus on new and emerging technologies, and competitive pricing. We believe in helping companies and executives become better equipped to make faster, sounder, and more effective decisions. Technavio is one of the most influential market research and advisory firms in the world. We work with business and technology leaders to provide cutting-edge market research and insights to companies. 

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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