Global Deception Technology Market is Projected to Reach More Th - Erie News Now | WICU & WSEE in Erie, PA

Global Deception Technology Market is Projected to Reach More Than US$ 2 Billion By 2021


The global deception technology market is expected to exceed US$ 7 billion by 2021, registering a compound annual growth rate (CAGR) of more than 15% during the forecast period. The rise of apts and zero-day attacks, need for effective solutions for the early detection of attackers, and rise in the adoption of BYOD and IoT trends within enterprises are expected to drive the market. However, the substantial use of legacy honeypots and rapid adoption of cloud computing and virtual environment are hampering the growth of the market.

In this report, the global deception technology market is segmented by component, deception stack, deployment mode, organization size, vertical, and region. On the basis of component, the market is segmented into solution (a standalone platform) that includes professional services, consulting services, training and education, design and integration, support and maintenance, and managed services. The market by deception stack includes application security, data security, endpoint security, and network security. On the basis of deployment mode, the market is segmented into cloud and on-premises. The market on the basis of organization size is segmented into small and medium enterprises and large enterprises. The market by vertical includes banking, financial services, and insurance (BFSI), energy and utilities, government, healthcare, telecom and IT, manufacturing, retail, and others.

The global deception technology market is segmented on the basis of key regions, namely, North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Furthermore, each region is segmented to provide market revenue for select countries such as the U.S., Canada, the U.K., Germany, China, Japan, India, Brazil, and GCC countries. The report includes a detailed study of the global and regional market and analyzes the variations in the growth of the industry in certain regions.

A glimpse of the report structure is provided in the report description available on the website.

LogRhythm, Inc. (U.S.), TrapX Security (U.S.), Attivo Networks (U.S.), Rapid7, Inc. (U.S.), Illusive Networks (Israel), Cymmetria, Inc. (Israel), GuardiCore (Israel), Allure Security Technology (U.S.), TopSpin Security (Israel), vArmour (U.S.), and Smokescreen Technologies (India) are the most active players in the deception technology market.

This report covers the deception technology market, in terms of value, and forecasts the market size till 2021. In addition, the report identifies key growth segments and opportunities in the industry. This report also covers detailed competitive outlook including the share and company profiles of the key players in the global market. Company profile includes company summary, financial summary, business strategy and planning, SWOT analysis, and current developments.

The deep-dive study on the deception technology market will help customers with the identification of new market opportunities and targeted promotional plans.


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