Deception Technology Market – Overview —
The indispensability of security tools has increased recently especially those of tools such as deception technology. Market reports connected with the semiconductors and electronics industry have been made available by Market Research Future which generates reports on other business verticals that outlines the current market scenarios. The market is poised to achieve returns worth USD 2.3 Billion while growing at a 14% CAGR in the duration of the forecast period.
The increasing complexity of data breaches and the intensity of cyber-attacks is anticipated to boost the development of the deception technology market. Moreover, rising network security breaches are also expected to motivate the expansion of the market. The popularity of Internet of Things (IoT) trend within enterprises is anticipated to motivate the global deception technology in the upcoming forecast period.
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The prominent players in the Deception Technology Market are – 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.) among others
Deception Technology Global Market - 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 - 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).
Nov 2018 Attivo Networks who is a leader in deception for cyber security threat detection, has included new advanced capabilities that use machine learning to automatically create and deploy the most authentic deception that masks an extensive set of attack vectors at scale. The most recent product release reduces the total cost of ownership by entirely automating the deployment and maintenance of the most authentic and all-inclusive deception environment. It is the latest in deception technology and wholly integrates into any customer’s security workflow.
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• Deception Technology vendors
• Resellers and distributors
• Technology investors
• System Integrators
• Government Organizations
• Research/Consultancy firms
• Network solution providers
• Independent software vendors
• Managed Security Service Providers (MSSPs)
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Release ID: 516117