Deception Technology Market 2022 Size, Scope, Growth Outlook, Demand by Top Key Players, Forecast and Research by Market Insights Reports

Deception Technology Market With strategic analysis, micro and macro market trend and scenarios, pricing analysis, and a holistic assessment of market conditions in the future term, this market research study keeps a close eye on major rivals. It's a thorough research that focuses on key and secondary drivers, market share, leading segments, and geographic analysis. The Deception Technology market also examines significant players, major collaborations, mergers and acquisitions, as well as current innovation and corporate strategies.

The deception technology market was valued at USD 1335.5 million in 2020, and it is expected to reach USD 2814.16 million by 2027, registering a CAGR of 13.3% over the forecast period, 2022 - 2028.

Top Key Players are covered in this report: Illusive Networks Ltd, TrapX Security Inc., Smokescreen Technologies Pvt. Ltd, Attivo Networks Inc., Rapid7 LLC, Ridgeback Network Defense Inc., GuardiCore Ltd, Acalvio Technologies Inc., CounterCraft SL, CyberTrap Software GmbH, Fidelis Cybersecurity Inc. (Skyview Capital LLC), LogRhythm Inc., WatchGuard Technologies Inc., Nippon Telegraph and Telephone Corporation (NTT Security Limited), Broadcom Inc. (Symantec Corporation)

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Recent Development:

March 2020 - Attivo Networks and Seminole State College of Florida announced a joint initiative aimed at closing the global cybersecurity skills gap. Beginning Fall 2020, Seminole State College would be among the first institutions of higher education in the United States to incorporate threat deception instruction into the cybersecurity specialization component of its associate and bachelor's degree programs in Information Systems Technology.

Key Market Trends:

Deception technology offers government entities the foundation for an active defense that provides early and accurate detection of in-network threats and the ability to respond to them quickly and decisively. Recognizing the importance of deploying deception to protect critical information, the National Institute of Standards and Technology has included it in drafts of SP 800-160 and 800-171b.

- The rise of advanced persistent threat (APT) attacks in government is expected to create opportunities for the market studied over the forecast period. For instance, a prominent attack was code-named, Deep Panda, and compromised over 4 million US personnel records, which may have included details about secret service staff. Deep Panda is an APT attack against the US Government's Office of Personnel Management, probably originating from China.

The regions are further sub-divided into:

North America - US, Canada, and Mexico
Europe - UK, Germany, France, Italy, Russia, Spain & Rest of Europe
Asia-Pacific - China, India, Japan, South Korea, Australia & Rest of APAC
Latin America - Brazil, Argentina, Peru, Chile & Rest of Latin America
Middle East and Africa - Saudi Arabia, UAE, Israel, South Africa

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Key market aspects are illuminated in the report:

Executive Summary: It covers a summary of the most vital studies, the Global Deception Technology market increasing rate, modest circumstances, market trends, drivers and problems as well as macroscopic pointers.

Study Analysis: Covers major companies, vital market segments, the scope of the products offered in the Global Deception Technology market, the years measured, and the study points.

Company Profile: Each company in this market sector is screened based on its goods, value, SWOT analysis, capacity, and other key characteristics.

Manufacture by region: This Global Deception Technology Market report offers data on imports and exports, sales, production and key companies in all studied regional markets

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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc.MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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