Deception Technology Market urvey, In-depth Analysis, Share, Key Findings and Company Profiles | Attivo Networks, Allure Security Technology, Illusive Networks, Smokescreen Technologies, Guardicore, Rapid7, Inc., LogRhythm Inc., TopSpin Security, Cymmetri

Market Highlights

Deception technology is a bunch of approaches taken by organizations of all sizes against digital dangers. It can hoodwink aggressors by laying out up different snares around a framework's foundation for ensuring its resources. The entrance of the web and development in associated biological systems has prompted a spate of assaults from online hoodlums have made the requirement for a strong security arms stockpile of gadgets and groups to fight them off. The global deception technology market report ordered by Market Research Future (MRFR) contains an outline of the business, different programming redesigns and instruments, and assessments for the time of 2016 to 2022 (estimate period). The effect of the COVID-19 pandemic on the business has been investigated at profundity in the report.

Market Scope

The global Deception Technology Market Analysis size is relied upon to grow to USD 2.3 billion by 2022. It is assessed to acquire incomes at 14% of CAGR during the estimate time frame.

The disturbing pace of online dangers and digital assaults is probably going to drive market interest. Endeavors by enormous organizations for updating their guards in the midst of the developing reception of associated biological systems and web of things (IoT). Pantomime of noticeable people and ascent of social designing methods for misleading associations are relied upon to look good for the worldwide trickery innovation market. Joining of mechanized arrangements across ventures before long can work with development.

Relief of monetary dangers and raising the protection levels against online assailants is relied upon to prompt a plenty of item contributions by security master organizations. Development in cloud security, reliance on cloud mail administrations, and information misfortune counteraction arrangements by partnerships can lean toward the market fundamentally. As of late, RevBits achieved a patent for their restrictive programming which gives zero-information encryption of information during travel or rest.

The virtualization of workplaces and functional innovation (OT) and recognizable proof of cutting edge diligent dangers (APTs) for ensuring delicate data are other significant development motors of the market. Improvement of comprehensive arrangements in the midst of the developing pattern of bring-your-own-gadgets (BYOD) and remote work can work for the market.

Be that as it may, absence of mindfulness and theft of safety devices can hamper market development.

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Segmentation:

By component, it is divided into solution and service.

By deception stack, it is segmented into network security, application security, data Security, and endpoint security.

By deployment type, it is divided into cloud and on premise.

By end-user, it is segmented into transportation, manufacturing, BFSI, retail, telecom, healthcare, government, and others.

Regional Analysis

The regional analysis of deception technology market is being studied for region such as Asia Pacific (APAC), North America, Europe, and Rest-of-the-World (RoW).

North America is touted to dominate the global deception technology industry during the forecast period followed by Europe owing to the major developments in the field of deception technology in the U.S. and Canada. The large number of software vendors in the U.S. and Canada are Likely to facilitate the heavy demand as enterprises embrace automation and digitization of processes.

APAC is likely to showcase a positive growth rate during the forecast period owing to major companies having branches in India, South Korea, and China. Strategic partnerships for development of cybersecurity technologies for endpoint nodes and emails can drive the regional deception technology market till 2022. Funding by venture capital firms is likely to bode well for the market.

Competition Outlook

Attivo Networks, Allure Security Technology, Illusive Networks, Smokescreen Technologies, Guardicore, Rapid7, Inc., LogRhythm Inc., TopSpin Security, Cymmetria, Inc., TrapX Security, and vArmour are key players of the global deception technology market.

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Deception Technology Market Analysis, 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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