Market Highlights

The Global Deception Technology market is developing with the quick speed; basically because of the approach of robotization and high reception of web of things in auto industry. As per a new report distributed by the Market Research Future, the worldwide market of Deception Technology is blasting and expected to acquire significance over the gauge time frame. The market is projected to show an astounding development by 2022, outperforming its past development records as far as worth with a striking CAGR during the expected period (2016 - 2022).

The variables driving the worldwide market of Deception Technology market are rising reception bring your own gadget (BYOD), web of things, and ascend in dangers among others. Then again, innovation limit, absence of mindfulness about specialized dangers through web are a portion of the variables frustrating the development of Deception Technology Market.

The Deception Technology market is profoundly aggressive because of the expansion digital assaults and DDOS assaults. The significant advantages of misdirection innovation like decrease in dangers of financial misfortunes, progressed ongoing crime scene investigation and others are fuelling the double dealing innovation market. Double dealing is relied upon to assume a basic part as the following line of safeguard for recognizing interruptions that have advanced inside the organization before an assault can be finished and harms done. Consequently, trickery innovation is shutting the holes between current avoidance arrangements and the past restrictions of honeypots in this manner looking for the standard in IT and security foundation.

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Segmentation:

The Deception Technology Market can be segmented in to 4 key dynamics for the convenience of the report and enhanced understanding;

Segmentation By Component: Comprises Solutions and Services- support and maintenance, system integration, consulting and professional services.

Segmentation By Deception Stack: Comprises Application security, data security, network security, and endpoint security

Segmentation By Deployment Mode: Comprises of cloud and on premise mode

Segmentation By End-user: Comprises Manufacturing, BFSI, Healthcare, retail, transport, government, telecom and others

Segmentation By Regions : Comprises Geographical regions - North America, Europe, Asia Pacific and Rest of the World.

Deception Technology Global Market - Regional Analysis

North-America is dominating the Global Deception Technology Market with the largest market share owing to the developments in deception technologies in the countries like U.S. and Canada. Deception Technology Market in Asia-Pacific market is expected to grow at a substantial CAGR during 2016 to 2022 owing to a large enterprises and SMEs in the region are increasingly adopting cloud computing solutions. Moreover, countries like China, Japan, South Korea and India are increasing investing in network security companies in the IT & telecom sectors. The European market for Deception Technology Market is expected to grow at a considerable CAGR (2016-2022).

Deception Technology Global Market - Competitive Analysis

The Market of Deception Technology appears to be highly competitive. To maintain their market position and to drive the market growth, various dynamic and diversified international organizations, domestic organizations and as well as new entrants form a competitive landscape. Market leaders are innovating continuously and increasingly seeking market expansion through various strategic mergers and acquisitions, innovation, increasing investments in research and development and cost-effective product portfolio.

Major players are investing on internal R&D and, most of all, in strategic partnerships. The partnership between Attivo Networks and Networks Unlimited has resulted development of next generation deception technology. The companies are focusing towards development of next generation deception technologies for the future outlook. TrapX Security, listed as one of the emerging player in the field of deception is, a promising start up has recently raised $9 million in Series B funding to grow its business and channel strategy.

Key Players:

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.) are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global Deception Technology Market.

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Deception Technology Market, By Component (Service, Solution), By Deception Stack (Application Security, Data Security, Network Security, Endpoint Security), By Deployment (Cloud, On-Premise), By End-User (Manufacturing, Healthcare, BFSI, Transportation, Government, Retail) - Forecast 2027

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