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Global Deception Technology Market 2021 analysis with Key Players, Applications, Trends and Forecasts

Deception Technology

The report focuses on the favorable Global “Deception Technology market” and its expanding nature. The Deception Technology market report provides a comprehensive study of the market segmentation, service providers, stockholders, sponsors, and important market players, size, and share, market dynamics such as the growth drivers, restraints, challenges, and opportunities.

Market Overview:

  • The deception technology market is estimated to register a CAGR of 14.9% during the forecast period 2019 – 2024. Due to the increasing number of data breaches and profound cyber-attacks across the world, need for an advanced security infrastructure that can withstand and counter such network security breaches is driving the market.
  • – Current security tools are effective at flagging up anomalies but are not significant at defining their impact and risk potential. These tools result in the generation of many alerts, most of which are needed to be investigated by security teams despite many of them being a waste of time. Resources are spent wastefully assessing these false alarms, while real and present threats can be missed out.
  • – Scenarios like these are aiding deception technology to gain momentum, over the past few years. Deception technology is revolutionizing the security field, that disables the malware attacks by deceiving them in their own operation, defending the enterprise from such attacks.
  • – These advanced deceptive technology solutions are expected to save billions of dollars, affected by the cyber-attacks globally, and also supports the need for a secure platform to protect both public and private infrastructure security necessities.

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    Key Manufacturers

  • Illusive Networks Ltd.
  • TrapX Security Inc.
  • Smokescreen Technologies
  • Attivo Networks Inc.
  • Rapid7 LLC
  • Ridgeback Network Defense Inc.
  • GuardiCore Ltd.
  • Acalvio Technologies Inc.
  • CounterCraft SL
  • CyberTrap Software GmbH
  • Fidelis Cybersecurity Inc.
  • LogRhythm Inc.
  • WatchGuard Technologies Inc
  • NTT Security Limited
  • Symantec Corporation

    Market Dynamics: –

    • Drivers: (Developing regions and growing markets)
    • Limitations: (Regional, Key Player facing Issues, Future Barriers for growth)
    • Opportunities: (Regional, Growth Rate, Competitive, Consumption)

    Deception Technology market report focuses on the latest trends in the global and regional spaces on all the significant components, including the capacity, cost, price, technology, supplies, production, profit, and competition. Moreover, the old data and present development of the Deception Technology market have been given in the scope of the report. The latest trends, product portfolio, demographics, geographical segmentation, and regulatory framework of the Deception Technology market have also been involved in the study.

    Scope of the Report:

  • The aim of deception technology is to prevent a cybercriminal that has managed to enter a network from doing any significant damage. The technology works by generating traps that replicate legitimate technology assets of the firm. These traps run in a virtual or real operating system environment and are designed to trick the cybercriminal into thinking that they have discovered a way to steal data and important credentials.
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    TOC of Deception Technology Market Report Covered:

    Introduction, Research Methodology, Executive Summary, Key Inferences, Market Overview, Deception Technology market Dynamics, Market Segmentation, Competitive Landscape, Key Players, Future of the Market, and continued…

    Reasons to Purchase Deception Technology Market Report Covered:

    • The report analyses how Deception Technology market will grow in the future.
    • Analyzing various perspectives of the Deception Technology market with the help of Porter’s five forces analysis.
    • Study on the product type that is expected to dominate the market and regions that are expected to witness the fastest growth during the forecast period
    • Recognize the new developments, Deception Technology market shares and policies employed by the major market players.
    • Competitive landscape including the Deception Technology market share of major players along with the key policies accepted for development in the past five years
    • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis and strategies employed by the major Deception Technology market players

    Key Market Trends:

    Medical Sector to Witness High Growth

    – Advancement in technology has led to the usage of digital technologies in the healthcare sector, which is used to develop an end-user experience. With the generation of huge patient data and medical records, it is very important to secure the data which is driving the market studied in this sector.
    – Despite the high level of threats, in the healthcare sector, the security, in terms of cybersecurity and other breaches, is still underrated, and the industry hasn’t been proactive in securing their data with the new technologies.
    – The growing number of cyber attacks in the healthcare sector, and a large number of stolen record alerts being detected by the different external sources, this factor is the primary driver of the market for deception technology.

    North America Occupies the Largest Market Share

    – North America is the largest region for the deception technologies, as the region has a high demand for protection and control systems against cybercrimes. Also, the region has the highest adoption rate of IoT technologies leading to a growing need for data security.
    – Moreover, with the growing number of data centers in North America due to increased research and development activities are also allowing the deception technology market to grow. The industrial sector also has stringent security policies for the safety of intellectual property, and as the industrial sector grows, it increases the demand for deception technology.
    – With the availability of adequate infrastructure, the presence of numerous global financial institutions, high frequency of cyber-attacks, and increased adoption of connected technologies are expected to drive the growth of the deception technology market in the North American region.

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    Study objectives of Deception Technology Market Report:

    • To provide a detailed analysis of the market structure along with the Deception Technology market forecast of various segments and sub-segments of the Deception Technology market
    • To provide insights into factors influencing and affecting market growth
    • To provide historical, current, and forecast revenue of market segments based on material, type, design, and end user
    • To provide historical, current, and forecast revenue of market segments and sub-segments with respect to regional markets and key countries
    • To provide strategic profiling of key players in the market, comprehensively analyzing their market shares, core competencies, and drawing a competitive landscape for the market
    • To provide economic factors, technology and Deception Technology market trends that influence the global Deception Technology market

    Detailed TOC of Deception Technology Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Introduction to Market Drivers and Restraints
    4.3 Market Drivers
    4.3.1 Growing Number of Zero-Day and Targeted APT’s
    4.3.2 Need of Effective Solutions for Early Detection of Attackers
    4.4 Market Restraints
    4.4.1 High Usage of Legacy Honeypots
    4.5 Value Chain Analysis
    4.6 Industry Attractiveness – Porter’s Five Force Analysis
    4.6.1 Threat of New Entrants
    4.6.2 Bargaining Power of Buyers/Consumers
    4.6.3 Bargaining Power of Suppliers
    4.6.4 Threat of Substitute Products
    4.6.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By Deployment
    5.1.1 Cloud
    5.1.2 On-premise
    5.2 By Enterprise Size
    5.2.1 Small and Medium Enterprise
    5.2.2 Large Enterprise
    5.3 By Service
    5.3.1 Managed Service
    5.3.2 Professional Service
    5.4 By Deception Stack
    5.4.1 Data Security
    5.4.2 Application Security
    5.4.3 Endpoint Security
    5.4.4 Network Security
    5.5 By End User
    5.5.1 Government
    5.5.2 Medical
    5.5.3 Commercial
    5.5.4 Defense
    5.5.5 Telecommunication
    5.5.6 Other End Users
    5.6 Geography
    5.6.1 North America
    5.6.2 Europe
    5.6.3 Asia-Pacific
    5.6.4 Latin America
    5.6.5 Middle East & Africa

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 Illusive Networks Ltd.
    6.1.2 TrapX Security Inc.
    6.1.3 Smokescreen Technologies
    6.1.4 Attivo Networks Inc.
    6.1.5 Rapid7 LLC
    6.1.6 Ridgeback Network Defense Inc.
    6.1.7 GuardiCore Ltd.
    6.1.8 Acalvio Technologies Inc.
    6.1.9 CounterCraft SL
    6.1.10 CyberTrap Software GmbH
    6.1.11 Fidelis Cybersecurity Inc.
    6.1.12 LogRhythm Inc.
    6.1.13 WatchGuard Technologies Inc
    6.1.14 NTT Security Limited
    6.1.15 Symantec Corporation

    7 INVESTMENT ANALYSIS

    8 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

    Contact Us:

    Name: Ajay More

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