Deception Technology Market - 2020 Size, Share, Trends, Growth and Regional Forecast 2022

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 Deception Technology 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.

Segmental Analysis

The segmentation of the deception technology is carried on the basis of component, decision stack, deployment and end user. Based on component, the market is segmented into service and solution. On the basis of deception stack, the market is segmented into data security, application security, endpoint security, and network security. On the basis of deployment, the market is divided into cloud and on-premise. The end-user-based segmentation of the market consists of healthcare, manufacturing, transportation, BFSI, government, and retail.

Key Players

The 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 others

Detailed Regional Analysis

Regional analysis for the Deception Technology market is studied in different geographic regions as the Americas, Asia-Pacific, Europe, and the Rest of the world. It has been observed that the North America region would account for a larger share in the Deception Technology market. The study indicates that the North America region has great technological developments and a high adoption of the internet of things (IoT). This is leading to the growth of the Deception Technology market in the North America region over the review period.

The study reveals that the Asia-Pacific region is expected to show significant growth in the Deception Technology market by the forecast period. Asia-Pacific countries like India, China, and Korea have higher investments in network security infrastructure. Thus, is counted as the primary growth driver for the Asia-Pacific region. There has been speculation about deception technology that Israel has the second-highest concentration of cyber-defense organisations across the globe, after the United States, which uses deception technology for cyber-defense. These factors are expected to contribute towards the global deception technology market growth over the review period.

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TABLE OF CONTENTS

1 Market Introduction

1.1 Introduction

1.2 Scope Of Study

1.2.1 Research Objective

1.2.2 Assumptions

1.2.3 Limitations

1.3 Market Structure

2 Research Methodology

2.1 Research Network Solution

2.2 Primary Research

2.3 Secondary Research

2.4 Forecast Model

2.4.1 Market Data Collection, Analysis & Forecast

2.4.2 Market Size Estimation

3 Market Dynamics

3.1 Introduction

3.2 Market Drivers

3.3 Market Challenges

3.4 Market Opportunities

3.5 Market Restraints

4 Executive Summary

1. Market Factor Analysis

5.1 Porter’s Five Forces Analysis

5.2 Supply Chain Analysis

Continued…

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At Market Research Future (Mrfr), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (Crr), Half-Cooked Research Reports (Hcrr) and Market Research & Consulting Services.