K68F-23 5 Growth Environment Source: Frost & Sullivan Albeit a growing space in the broader security industry, the global digital intelligence solutions market witnessed spending of about $12.4 billion in 2020 with the transition of legacy analytics solutions to more comprehensive digital intelligence programs and the rapid uptick in new solutions to help with data intelligence practices throughout the COVID-19 pandemic response. Frost & Sullivan expects global market spending to reach $26.8 billion by 2030 (an 8.0% compound annual growth rate) due to legacy systems upgrading their analytics, new solutions coming online because of increased digitalization, and organizational and governmental partners investing more heavily in intelligence-rich systems versus piecemeal point solutions. Differentiated from predecessor solutions (SIEM solutions in cybersecurity and PSIM solutions in physical security), comprehensive digital intelligence systems rely on multiple capabilities from various security realms, including: o Information from multiple data types, media and intelligence sources, and varied sensors aggregated in a readable format. o Open integration to allow for seamless data aggregation, dissemination, classification, and analysis. o The ability to program operational security protocols to meet regulatory, privacy, and organizational requirements around data usage, collection, and storage. o Real-time visibility into current operational systems and devices, potential threat vectors and incidents, and event mitigation capabilities.