Overview and Scope
Deception technology refers to a collective term for tools and software used in cyber security of infrastructure to deceive cybercriminals by trapping and monitoring their activity. The deception technology is used to identify and monitor suspicious activities of cyberattacks, provide insights into cybercriminals, reduce alert fatigue, collect traps and decoys across the system of organizational infrastructure to protect information and used in various sectors such as banking, healthcare, military operations, and communication industry.
Sizing and Forecast
The deception technology market size has grown rapidly in recent years. It will grow from $2.56 billion in 2023 to $2.96 billion in 2024 at a compound annual growth rate (CAGR) of 15.8%. The growth in the historic period can be attributed to need for early threat detection, increased insider threat concerns, shortage of cybersecurity talent, regulatory compliance requirements, integration with security operations, rise in social engineering attacks, continuous monitoring requirements..
The deception technology market size is expected to see rapid growth in the next few years. It will grow to $5.28 billion in 2028 at a compound annual growth rate (CAGR) of 15.6%. The growth in the forecast period can be attributed to integration with security orchestration, use in critical infrastructure protection, application in healthcare security, increased sophistication of malware, shift to active defense strategies, adoption in government and defense.. Major trends in the forecast period include integration with threat intelligence, cloud-based deception solutions, expansion to iot and ot environments, automation and orchestration of deception, emphasis on insider threat detection, machine learning and behavioral analysis, user deception and identity protection..
To access more details regarding this report, visit the link:
https://www.thebusinessresearchcompany.com/report/deception-technology-global-market-report
Segmentation & Regional Insights
The deception technology market covered in this report is segmented –
1) By Deception Stack: Application Security, Data Security, Endpoint Security, Network Security
2) By Component: Solution, Services
3) By Organization Size: Small and Medium Enterprises (SMEs), Large Enterprises
4) By Deployment Mode: On-Premise, Cloud-Based
5) By Vertical: Banking, Financial Services, and Insurance (BFSI), Energy and utilities, Government, Healthcare, Telecom and IT, Manufacturing, Retail, Other Verticals (Education, Defense, and Others)
North America was the largest region in the deception technology market in 2023. Asia-Pacific is expected to be the fastest-growing region in the deception technology market report during the forecast period. The regions covered in the deception technology market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Intrigued to explore the contents? Secure your hands-on sample copy of the report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=8009&type=smp
Major Driver Impacting Market Growth
Growing cybersecurity concerns are expected to propel the growth of the deception technology market going forward. Cybersecurity refers to the protection against the assault performed by cybercriminals to steal data and sensitive information by sending and hacking a computer system using malicious information and committing a security violation in which sensitive information can be stolen from a computer system without the prior permission of the owner of the system. Deception technology is used in the current time to prevent any unauthorized access to information from the system of the company of employees’ database. For instance, in October 2021, according to Fortune, a US-based publishing company specializing in the publication of books, articles, and magazines, the total number of global data breach cases was 1291 in 2021, up from 1108 in 2020. Phishing and ransomware are the major tools used by cybercriminals, and the total number of data breaches is expected to increase by 17% in 2021. Therefore, the growing cybersecurity concerns are driving the growth of the deception technology market.
Key Industry Players
Major companies operating in the deception technology market report are Illusive Networks Inc., Commvault Systems Inc., Rapid7 Inc., Akamai Technologies Inc., Fidelis Cybersecurity Inc., Zscaler Inc., Allure Security Technology Inc., CyberTrap Software GmbH, Acalvio Technologies Inc., CounterCraft Security, Cymmetria Inc., vArmour Inc., PacketViper LLC, WatchGuard Technologies Inc., Ridgeback Network Defense Inc., Fortinet Inc., RevBits LLC, Attivo Networks, Guardicore Ltd, LogRhythm Inc., Minerva Labs Ltd., Darktrace Limited, Smokescreen Technologies Private Limited, TopSpin Security Ltd., TrapX Security Inc., FireEye Inc., ARIA Cybersecurity Solutions LLC, Awake Security Inc., Cynet Ltd., Cyphort Inc.
The deception technology market report table of contents includes:
1. Executive Summary
2. Deception Technology Market Characteristics
3. Deception Technology Market Trends And Strategies
4. Deception Technology market analysis
5. Deception Technology Market Size And Growth
6. Deception Technology Segmentation
7.Deception Technology Regional And Country Analysis
.
.
.
27. Deception Technology Competitive Landscape And Company Profiles
28. Deception Technology Key Mergers And Acquisitions
29.Deception Technology Future Outlook and Potential Analysis
Explore the trending research reports from TBRC:
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
June 20, 2019: In 2018, the global Deception Technology market size was million US$ and it is expected to reach million US$ by the end of 2025, with a CAGR of during 2019-2025.This report focuses on the global Deception Technology status, future forecast, growth opportunity, key market and key players.
The study objectives are to present the Deception Technology development in United States, Europe and China.The key players covered in this studyJavelin NetworksAllure Security TechnologyAttivo NetworksCyberTrapCymmetriaForeScoutGuardiCoreHexis Cyber SolutionsDownload sample Copy of This Report at: https://www.radiantinsights.com/research/global-deception-technology-market-size-status-and-forecast-2019-2025/request-sample Illusive NetworksLogRhythmPercipient NetworksRapid7Shape SecuritySpecterTrapX SecurityTopspin SecurityMarket segment by Type, the product can be split intoProfessional ServicesConsulting ServicesTraining and EducationDesign and IntegrationSupport and MaintenanceManaged ServicesView summary of this report @ https://www.radiantinsights.com/research/global-deception-technology-market-size-status-and-forecast-2019-2025 Market segment by Application, split intoBankingEnergy and UtilitiesGovernmentHealthcareTelecom and ITManufacturingRatailOtherMarket segment by Regions/Countries, this report coversUnited StatesEuropeChinaJapanSoutheast AsiaIndiaCentral & South AmericaThe study objectives of this report are:To analyze global Deception Technology status, future forecast, growth opportunity, key market and key players.To present the Deception Technology development in United States, Europe and China.To strategically profile the key players and comprehensively analyze their development plan and strategies.To define, describe and forecast the market by product type, market and key regions.In this study, the years considered to estimate the market size of Deception Technology are as follows:History Year: 2014-2018Base Year: 2018Estimated Year: 2019About Radiant InsightsRadiant Insights is a platform for companies looking to meet their market research and business intelligence requirements.
We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process.
We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets.
In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.For More Information, Visit Radiant InsightsContact:Michelle ThorasCorporate Sales Specialist, USARadiant Insights, IncPhone: 1-415-349-0054Toll Free: 1-888-202-9519Email: [email protected] Blog URL: http://ictmarketforecasts.wordpress.com
The technology reports are produced by Market Research Future, which contains market alternatives for progress.
Based on the regions, the deception technology market comprises of North America, Europe, Asia Pacific and the rest of the regions in the world.Market ScopeThe Global Deception Technology Market size is expected to swell to USD 2.3 billion by 2022.
Incorporation of automated solutions across enterprises in the coming years can facilitate growth.Mitigation of economic risks and raising the defense levels against online attackers is expected to lead to a plethora of product offerings by security expert companies.
Recently, RevBits attained a patent for their proprietary software which provides zero-knowledge encryption of data during transit or rest.The virtualization of work environments and operational technology (OT) and identification of advanced persistent threats (APTs) for protecting sensitive information are other major growth engines of the market.
Development of holistic solutions amid the growing trend of bring-your-own-devices (BYOD) and remote work can work in favor of the market.But lack of awareness and piracy of security tools can hamper market growth.Detailed Regional AnalysisThe regional examination of the deception technology market encompasses regions such as North America, Europe, Asia Pacific, and the rest of the regions in the world.
The study points out that the North American region would control the deception technology market by the forecast period shadowed by the regional market in Europe due to the significant advances in the field of deception technology observed in nations such as the U.S. and Canada.
Deception Technology Industry OverviewAs per the latest report published by Marker Research Future (MRFR), the global Deception Technology Industry is predicted to reach a significant market value of USD 2.3 billion by 2023 at a substantial CAGR of 14% in the review period.Drivers and RestraintsIn this precipitously changing environment, growingdemand for a compact security infrastructure that would resist and counter such network security breaches is ever increasing.
The rising adoption of the innovative internet of things (IoT) and big data are growing cybersecurity threats, which is responsible for driving the Deception Technology market over the assessment period.Analyzing the current trends and developments in technologies, the report indicates a sudden hike in the Deception Technology Industry.
The market is driven by many influential factors such as a rise in instances of cyber-attacks such as cloud-based, zero-day attacks, Distributed Denial of Service (DDoS), and Advanced Persistent Threats (APTs).
The advancing trend of Bring Your Own Device (BYOD) & the Internet of Things (IoT) is responsible for the growth of the deception technology market.
The growing usage of pirated network security tools and lack of awareness is the major restraining factor for the market.
The major hindrance of deception is that maintaining things such as breadcrumbs, decoys, and honeypots can be challenging in environments that are always changing, this is likely to be one of the hindering factors for deception technology Industry over the review period.Get Free Sample Report @ https://www.marketresearchfuture.com/sample_request/2466Key PlayersThe prominent players in the Deception Technology Industry 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 othersDeception Technology Industry - SegmentationThe Deception Technology Industry 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 securitySegmentation By Deployment Mode: Comprises of cloud and on premise modeSegmentation By End-user: Comprises Manufacturing, BFSI, Healthcare, retail, transport, government, telecom and othersSegmentation By Regions : Comprises Geographical regions - North America, Europe, Asia Pacific and Rest of the World.Deception Technology Global Market - Regional AnalysisNorth-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.
Official KBC head office whats app number +918552997795given on our website.
If anyone ever receives a call from anyone pretending to be Rana Pratap Singh, it means that you are being fooled by deception.
In such cases, always contact our office KBC lottery team
In the world of technology, smartphones, tablets, wearable watches are the big things in the consumer technology industry.
If we add more to the buzz of wearable technology is the anticipation that the wearable market is predicted to grow up to $18.9 billion in revenues by 2020.
Read More at : https://lnkd.in/eJsCxuXFollow Us onAppsinvo | Behance | Facebook | Instagram | Linkedin | Dribbble | Twitter | Tumblr | Pinterest | Flickr
