K68F-23 6 Growth Environment (continued) Source: Frost & Sullivan • While the digital intelligence solutions market remains high-growth, there is still some nascence by customer vertical. Banking and financial services and law enforcement customers are quickly adopting these solutions in order to keep pace with digitalization trends throughout their security operations and in response to the COVID-19 pandemic. Law enforcement agencies, for example, had to move quickly to adopt more intelligence-driven activities for efficiency and safety during the pandemic. • Niche opportunities remain available in retail and enterprise customer environments that are resource- strapped, intelligence-hungry, and eager to synthesize their security operations, but they are still more reactive and not matured enough to be included in general market sizing. This could quickly change given the fast growth in the space. • Frost & Sullivan study related to this independent analysis: o Global Digital Intelligence Growth Opportunities