Deception Technology Market-Overview
The need for robust security tools and techniques is estimated to drive the deception technology market in 2020. The technology reports are produced by Market Research Future, which contains market alternatives for progress. The earnings point of USD 2.3 Billion is projected to be attained at 14% of CAGR by 2022.
The expanding nature of advanced persistent threats is estimated to add to the momentum of theDeception Technology Market growth in the future. The escalation in the use of the Internet of Things (IoT) and, along with it, Bring Your Own Device (BYOD) is likely to enhance the deception technology market size in the coming years.
Segmental Analysis
The segmental investigation of the deception technology market is carried out on the basis of component, deception stack, deployment mode, end-user, and region. Based on the component, the deception technology market comprises of solutions and services. The service segment is additionally segmented into system integration, support and maintenance, consulting, and professional services. On the basis of the deception stack, the deception technology market comprises of data security, application security, network security, and endpoint security. On the basis of the deployment models, the deception technology market comprises of cloud and on-premise models. Based on the End-user, the deception technology market comprises of BFSI, Healthcare, retail, transport, government, telecom, and others. Based on the regions, the deception technology market comprises of North America, Europe, Asia Pacific and the rest of the regions in the world.
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Detailed Regional Analysis
The 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. The analysis also designates that the U.S. and Canada are the hubs of big as well as start-ups vendors in the North American region. The study indicates that Asia Pacific countries like South Korea, China, Japan, India, and others are greatly financing in network security infrastructure by companies in BFSI and IT & Telecom sectors. The study discloses that the Asia Pacific region would display a positive development in the deception technology market through the forecast period.
Competitive Analysis
The market is expected to revitalize its options for development as it overcomes this period of uncertainty in a careful and calibrated manner, the enhancement of the supply chains is estimated to focus on the incorporation of robotic assets so as to broaden the scope of supply that can be expected from the market on the whole. The competition in the market is estimated to be focused on mitigating the effect of external forces rather than exclusively dealing with internal competition. The government role is estimated to be pronounced in the near term as their backing is essential to get the growth of regional markets on track. The market is also expected to emphasize on innovation to amplify the development scope in the global market. The need to integrate is projected to become even more prominent in the market in the upcoming period. The market is in a stage that requires careful and strategic planning to ensure that the growth achieved thus far is not compromised.
The recognized players in the deception technology market are Attivo Networks (U.S.), TopSpin Security (Israel), Smokescreen Technologies (India), Allure Security Technology (U.S.), Guardicore (Israel), Cymmetria, Inc. (Israel), Illusive Networks (Israel), LogRhythm Inc. (U.S), TrapX Security (U.S.), Rapid7, Inc. (U.S.) and vArmour (U.S.) among others.
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The report covers an overview of the industry along with a detailed explanation that provides a lot of insight.
The report also analyzes the production as well as management technology in various end-user industries.
An in-depth study in some new and prominent industry trends, analysis of the competition and regional analysis that is very detailed have been included in the report of the HR Deception Technology market for the review period of 2020 – 2027.There are many different factors that have caused the quick expansion of the HR Deception Technology market.
In addition to the above, government initiatives, as well as the competitive landscape that exists in the HR Deception Technology market through the forecast period, has been analyzed.Ask for report free sample with complete TOC and list of tables/figures @ https://www.datalibraryresearch.com/sample-request/deception-technology-market-501Global HR Deception Technology Market Key Companies:Rapid7, Logrhythm, Trapx Security, Attivo Networks, Illusive Networks, Cymmetria, Guardicore, Allure Security Technology, Topspin Security, Varmour, Smokescreen Technologies, Acalvio TechnologiesThe base year of the study is 2020 and the forecast period stretches all the way till 2027.
This has led to the creation of a strong understanding of the market for the upcoming years.
In addition to this, different latent growth factors, opportunities and restraints are evaluated for this advanced study and suggestions are made for the market that pertains to the forecast period.SegmentationThe HR Deception Technology market covers different regions such as North America, Latin America, Asia Pacific, Europe, and the Middle East & Africa.
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.
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Market HighlightsIn this rapidly changing environment, demand for a compact security infrastructure which would resist and counter such network security breaches is ever increasing.
The increasing adoption of internet of things (IoT) and big data are increasing cyber security threats which is responsible to drive the Deception Technology market.Get Sample of Report @ https://www.marketresearchfuture.com/sample_request/2466Observing the current trend and advancements in technologies the study indicates a sudden hike in Deception Technology market.
The Deception Technology market is driven by many factors such as rise in instances of cyber-attacks such as malwares, zero day attacks, Distributed Denial of Service (DDoS), and Advanced Persistent Threats (APTs).
The trend of Bring Your Own Device (BYOD) & Internet of Things (IoT) are responsible for the growth of deception technology market.
The growing use of pirated network security tools and lack of awareness is the major restraining factor for the deception technology market.
The major challenge of deception is that maintaining things such as decoys, breadcrumbs and honeypots can be difficult in environments that are always changing, this would be one of the restraining factor for deception technology market.The Deception Technology Market is growing rapidly over 14% of CAGR and is expected to reach at USD ~2.3 Billion by the end of forecast period.Key PlayersThe 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 othersDeception Technology Market SegmentationThe Deception Technology market has been segmented on the basis of component, deception stack, deployment and end-user.
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.
