Deception Technology Market to grow at 15.1% CAGR during 2016-2021| Rapid7 Inc., Log Rhythm Inc., TrapX Security, Attivo Networks, Illusive Networks, Cymmetria Inc., GuardiCore, Allure Security Technology

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The Deception Technology Market size is estimated to grow from US$ 1.04 Billion in 2016 to US$ 2.09 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 15.1%. The deception technology market is driven by factors such as rise in Advanced Persistent Threats (APTs) and zero-day attacks, need of effective solution for early detection of attackers by enterprises, and rise in adoption of Bring Your Own Device (BYOD)&Internet of Things (IoT) trend within enterprises.

Top Key Players in the “Deception Technology Market” include are
• Rapid7 Inc. (U.S.)
• Log Rhythm Inc. (U.S.)
• TrapX Security (U.S.)
• Attivo Networks (U.S.)
• Illusive Networks (Israel)
• Cymmetria Inc. (Israel)
• GuardiCore (Israel)
• Allure Security Technology (U.S.)
• TopSpin Security (Israel)
• vArmour (U.S.)
• Smokescreen Technologies (India)

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The data security segment is estimated to grow at the highest CAGR during the forecast period, as the organizations have increased their spending on cyber deception solution for data security. Furthermore, network security is expected to have the largest market share in 2016, as more and more companies are adopting deception technology solutions to secure their network resources.

APAC includes emerging economies, such as China, Australia, Singapore, and India, which are rapidly deploying deception technology solutions. APAC is expected to grow at the highest CAGR during the forecast period. This is mainly due to the increasing adoption of IoT and BYOD trends in many industry verticals such as Banking, Financial Services, and Insurance (BFSI),government, IT& telecom, manufacturing, healthcare, and retail.

The Study Objectives of this report are:

• To forecast the market size of market segments with respect to five main regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East & Africa (MEA), and Latin America

• To define, describe, and forecast the deception technology market by component, deception stack, deployment mode, organization size, vertical, and region

• To strategically analyze each segment with respect to individual growth trends, future prospects, and contribution to the total deception technology market

• To strategically profile the key players of the deception technology market and comprehensively analyze their market size and core competencies in the industry

• To track and analyze competitive developments, such as new product launches, mergers & acquisitions, and partnerships, agreements, & collaborations in the global deception technology market

Access Complete report on Deception Technology Market spread across 146 Pages, profiling 11 companies and supported with tables and figures. Buy Research at https://www.reportsnreports.com/purchase.aspx?name=867615 .

#Table of Contents
• Introduction
• Research Methodology
• Executive Summary
• Premium Insights
• Market Overview
• Industry Trends
• Deception Technology Market Analysis, By Component
• Market Analysis, By Deception Stack
• Deception Technology Market Analysis, By Deployment Mode
• Market Analysis, By Organization Size
• Deception Technology Market Analysis, By Vertical
• Geographic Analysis
• Competitive Landscape
• Company Profiles
• Appendix

Reason to buy this report:
Deception Technology Market report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall deception technology industry and the subsegments. This report will help stakeholders understand the competitor landscape and gain more insights to better position their businesses and to plan suitable go-to-market strategies.

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