Market Highlights
The Global Deception Technology market forecast is developing with the quick speed; essentially because of the coming of computerization and high reception of web of things in auto industry. As per a new report distributed by the Market Research Future, the global market of Deception Technology is blasting and expected to acquire significance over the figure time frame. The market is projected to exhibit a staggering development by 2022, outperforming its past development records as far as worth with a striking CAGR during the expected period (2016 – 2022).
The variables driving the global market of Deception Technology market forecast are rising reception bring your own device (BYOD), web of things, and ascend in dangers among others. Then again, technology limit, absence of mindfulness about specialized dangers through web are a portion of the elements ruining the development of Deception Technology Market.
The Deception Technology market forecast is profoundly cutthroat because of the increment digital assaults and DDOS assaults. The significant advantages of deception technology like decrease in dangers of financial misfortunes, progressed ongoing criminology and others are fuelling the deception technology market. Deception is relied upon to assume a basic part as the following line of protection for distinguishing interruptions that have advanced inside the organization before an assault can be finished and harms done. Along these lines, deception technology is shutting the holes between current anticipation arrangements and the past limits of honeypots accordingly looking for the standard in IT and security framework.
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Segmentation:
The Deception Technology Market can be segmented in to 4 key dynamics for the convenience of the report and enhanced understanding;
Segmentation By Component: Comprises Solutions and Services- support and maintenance, system integration, consulting and professional services.
Segmentation By Deception Stack: Comprises Application security, data security, network security, and endpoint security
Segmentation By Deployment Mode: Comprises of cloud and on premise mode
Segmentation By End-user: Comprises Manufacturing, BFSI, Healthcare, retail, transport, government, telecom and others
Segmentation By Regions : Comprises Geographical regions – North America, Europe, Asia Pacific and Rest of the World.
Deception Technology Global Market Forecast – Regional Analysis
North-America is dominating the Global Deception Technology Market with the largest market share owing to the developments in deception technologies in the countries like U.S. and Canada. Deception Technology Market in Asia-Pacific market is expected to grow at a substantial CAGR during 2016 to 2022 owing to a large enterprises and SMEs in the region are increasingly adopting cloud computing solutions. Moreover, countries like China, Japan, South Korea and India are increasing investing in network security companies in the IT & telecom sectors. The European market for Deception Technology Market is expected to grow at a considerable CAGR (2016-2022).
Deception Technology Global Market Forecast – Competitive Analysis
The Market of Deception Technology appears to be highly competitive. To maintain their market position and to drive the market growth, various dynamic and diversified international organizations, domestic organizations and as well as new entrants form a competitive landscape. Market leaders are innovating continuously and increasingly seeking market expansion through various strategic mergers and acquisitions, innovation, increasing investments in research and development and cost-effective product portfolio.
Major players are investing on internal R&D and, most of all, in strategic partnerships. The partnership between Attivo Networks and Networks Unlimited has resulted development of next generation deception technology. The companies are focusing towards development of next generation deception technologies for the future outlook. TrapX Security, listed as one of the emerging player in the field of deception is, a promising start up has recently raised $9 million in Series B funding to grow its business and channel strategy.
Key Players:
TrapX Security (U.S.), Rapid7, Inc. (U.S.), Attivo Networks (U.S.), Allure Security Technology (U.S.), Guardicore (Israel), Cymmetria, Inc. (Israel), TopSpin Security (Israel), Smokescreen Technologies (India), Illusive Networks (Israel), LogRhythm Inc. (U.S), vArmour (U.S.) are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global Deception Technology Market.
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Deception Technology Market, By Component (Service, Solution), By Deception Stack (Application Security, Data Security, Network Security, Endpoint Security), By Deployment (Cloud, On-Premise), By End-User (Manufacturing, Healthcare, BFSI, Transportation, Government, Retail) – Forecast 2027
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