Maasive Growth of 15.4% CAGR on Deception Technology Market Size Analysis by Illusive Networks,Trapx Security,Smokescreen Technologies, Attivo Networks Inc and Forecasts to 2025

Global Deception Technology Market estimated approximately USD 2.1 billion in 2017 is expected to grow with a healthy growth rate of more than 15.4% during the forecast period 2018-2025.

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The Deception Technology Market is continuously growing across the world over the coming years. A deception network is one that actually work as a decoy and is deployed to be compromised in a cyber-attack. Deception technology tracks the activities of the intruder inside a network and lays the foundation for network administrators and analysts for incident response analysis. Surge of Apts and Zero-Day Attacks, rise in the adoption of Bring your own device & IOT trends within both the small and large scale organizations and escalating need for effective solutions for early detection of attackers are the substantial drivers of the market across the globe. Moreover, integration of deception technology in virtual environment is likely to creating lucrative opportunity in the near future. Deception Technology can prevent an intruder’s access to critical systems and data, effective locking the intruder in a decoy network with endpoints, applications and data. These benefit of deception technology also leads to increasing demand of it among its end-users across the world. However, data security & privacy concern and substantial use of legacy honeypots are the factors which limiting the market growth of Deception Technology during the forecast period. 

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The major market player included in this report are:
• Illusive Networks
• Trapx Security
• Smokescreen Technologies
• Attivo Networks Inc.
• GuardiCore
• Acalvio Technologies Inc. 

The regional analysis of Global Deception Technology Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to presence of popular and new vendors of deception technology in the region. Europe is estimated to grow at in the global Deception Technology market over the upcoming years. Asia-Pacific is also anticipated to exhibit higher growth rate / CAGR over the forecast period 2018-2025 due to increasing investment of the network security by telecom, IT and banking sector in the region. 

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below: 

By Organization Size:

Small & Medium Enterprises
Large Enterprises

By Services:

Managed Services
Professional Services
Consulting Services
Training and Education

By Deception Shack:

Data Security
Application Security
Endpoint Security
Network Security

By End-User:

Government
Medical
Commercial
Defense
Telecommunication

By Regions:
North America
o U.S.
o Canada
Europe
o UK
o Germany
Asia Pacific
o China
o India
o Japan
Latin America
o Brazil
o Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2015, 2016
Base year – 2017
Forecast period – 2018 to 2025

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Target Audience of the Global Deception Technology Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

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This release was published on openPR.