Deception Technology Market Analysis, Segments, Top Key Players, Drivers and Trends by Forecast to 2025.

Global Deception Technology Market By Organization Size (Large Companies, Small and Medium Businesses), Component (Solution, Service), Deception Stack (Network security, Endpoint security, Application security, Data Security), Deployment Model (Cloud-based, On-premise), Vertical, and Regional Market Size, Status and Forecast to 2025

The Global Deception Technology Market was valued at USD 1.21 billion in 2016 and is projected to reach USD 3.01 billion by 2025, growing at a CAGR of 15.32% from 2017 to 2025.

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Deception technology is a category of security tools and techniques that is designed to prevent an attacker who has already entered the network from doing damage. The technology uses decoys to misdirect the attacker and delay or prevent him from going deeper into the network and reaching his intended target. Benefits of deception technology include “ real-time alerts, immediate detection of malware, deceives, detects and defends against complex threats, complete computer system analysis, and reduced risk of economic and data loss as well as business interruption.

Companies Profiled in this report includes:– 1. Cymmetria, Inc. 2. Smokescreen Technologies 3. Rapid7, Inc. 4. Guardicore Ltd 5. Logrhythm, Inc. 6. Allure Security Technology, Inc. 7. Trapx Security 8. Varmour 9. Illusive Networks 10. Topspin Security 11. Attivo Networks, Inc.

Deception technology helps organizations to protect networks, endpoints, and devices from various malicious attacks, sophisticated cybercriminals, ransomwares, and Advanced Persistent Threats (APTs). The major forces driving the deception market are the rise of APTs and zero-day attacks, the need of effective solution for early detection of attackers by enterprises, and the rise in adoption of Bring Your Own Device (BYOD) and Internet of Things (IoT) trend within enterprises. Therefore, enterprises are deploying advanced cyber deception solutions to secure networks and endpoints from cyber threats.

Network security is expected to have the largest market share and dominate the deception technology market from 2017 to 2025, as more and more companies are adopting deception technology solutions to secure their network resources. The data security segment is expected to play a key role in changing the deception technology landscape and is projected to grow at the highest growth rate during the forecast period. The reason being, the organizations have increased their spending on cyber deception solution for data security.

Research Methodology:-

Research study on the Global Deception Technology Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.

The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.

To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our sales team.

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Posted by Amaan Kazi on Thursday January 25 2018, 3:02 AM EDT. All trademarks acknowledged. Filed under Uncategorized. Comments and Trackbacks closed. Follow responses: RSS 2.0