Deception Technology Market 2018 Global Leaders: TrapX Security, Rapid7, Attivo Networks, Allure Security Technology, Guardicore, Cymmetria, TopSpin Security, Illusive Networks, vArmour

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.

Market Scenario:

The type of security tools and techniques designed to prevent an attacker who has already entered the network from doing damage is called as the Deception technology. Deception technology is a revolutionary new way to detect the quietest cyber-attacks. Deception technology products are specially designed to meet head-on the threats of advanced persistent threats (APT’s), zero day events and other sophisticated attacks. If malware penetrates the enterprise, it starts moving laterally to find high value targets, Deception technology can identify attackers moving laterally into the network and set off high confidence ALERT thus protecting the system.

The growing occurrences of data breaches and intense cyber-attacks across the globe are resulting requirement of a compact security infrastructure which would resist and counter such network security breaches. This requirement is a major factor driving the growth of deception technology market. Apart from it rise in adoption of Bring Your Own Device (BYOD) & Internet of Things (IoT) trend within enterprises is also driving the deception technology market. The study indicates that there are some restraining factors as lack of security awareness, growing use of pirated network security tools that are ceasing the growth of deception technology market.

Deception Technology Market is segmented on the basis of component, deception stack, deployment and end-user. It has been observed that adoption of cloud technologies has become worldwide, this has resulted in the increase of cyber security threats which in turn increases the demand for cloud-based deception technology.

The global Deception Technology market is expected to grow at USD ~2.3 Billion by 2022, at ~14% of CAGR between 2016 and 2022.

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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.

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

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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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Media Contact:

Akash Anand,
Market Research Future
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Email: akash.anand@marketresearchfuture.com

This release was published on openPR.