Deception Technology Market 2019 Global Key Leaders: TrapX Security, Attivo Networks, Guardicore, Cymmetria, Illusive Networks, Rapid7, LogRhythm

Market Research Future published a research report on “Deception Technology Market Research Report- Forecast 2022” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 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 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.

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Industry Updates:

Nov 2018 Attivo Networks who is a leader in deception for cyber security threat detection, has included new advanced capabilities that use machine learning to automatically create and deploy the most authentic deception that masks an extensive set of attack vectors at scale. The most recent product release reduces the total cost of ownership by entirely automating the deployment and maintenance of the most authentic and all-inclusive deception environment. It is the latest in deception technology and wholly integrates into any customer’s security workflow.

Key Players

The 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 others

Segments

Deception Technology by Component:

• By Solution
• By ServiceSupport and Maintenance
• System integration
• Consulting
• Professional services

Deception Technology by Deception Stack:

• Application security
• Data Security
• Network security
• Endpoint security

Deception Technology by Deployment Type:

• Cloud
• On premise

Deception Technology by End-user:

• Manufacturing
• BFSI
• Healthcare
• Manufacturing
• Retail
• Transportation
• Government
• Telecom
• Others

Regional Analysis:

The regional analysis of Deception Technology market is being studied for region such as Asia pacific, North America, Europe and Rest of the World. The study indicates that North America region would dominate the Deception Technology market by the forecast period followed by Europe owing to the major developments in the field of deception technology witnessed in countries such as the U.S. and Canada. The study also indicates that U.S. and Canada are hub of large as well as start-ups vendors in the North America region .The study indicates that Asia-Pacific countries like China, Japan, South Korea, India and others are highly investing in network security infrastructure by companies in IT & Telecom and BFSI sectors. The study reveals that Asia-Pacific region would show a positive growth in Deception Technology market by the forecast period.

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Intended Audience:

• Deception Technology vendors
• Resellers and distributors
• Technology investors
• System Integrators
• Government Organizations
• Research/Consultancy firms
• Network solution providers
• Independent software vendors
• Managed Security Service Providers (MSSPs)

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This release was published on openPR.