Deception Technology Market By Offering (Solution, Service), By Deception Stack (Network Security, Endpoint Security, Application Security), By Enterprise Size (Large Enterprises, SMEs), By Industry Vertical (BFSI, Government and Defense, Retail and E-commerce, Healthcare, IT and Telecom, Energy and Utilities, Manufacturing, Education, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031
Deception technology is a category of cyber security defense. Deception technology products can detect, analyze, and defend against zero-day and advanced attacks, often in real time. They are automated, accurate, and provide insight into malicious activity within internal networks, which are may be unseen by other types of cyber defense. Deception technology enables a more proactive security posture by seeking to deceive the attackers, detect them, and then defeat them, allowing the enterprise to return to normal operations.
Rise of APTs (Advanced persistent threat), zero-day attacks, and need for effective solutions for early detection of attackers boost the growth of the global deception technology market. In addition, rise in the adoption of bring your own device (BYOD) and IoT trends within enterprises positively impacts growth of the deception technology market. However, substantial use of legacy honeypots and complexities of device security is hampering the deception technology market growth. On the contrary, integration of deception technology in virtual environments is expected to offer remunerative opportunities for expansion of the deception technology market during the forecast period.
The deception technology market is segmented on the basis of offering, deception stack, enterprise size, industry vertical, and region. On the basis of offering, the market is categorized into solution and service. On the basis of deception stack, the market is fragmented into network security, endpoint security, and application security. On the basis of enterprise size, the market is bifurcated into large enterprises and SMEs. By industry vertical, it is classified into BFSI, government and defense, retail and e-commerce, healthcare, IT and telecom, energy and utilities, manufacturing, education, and others. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players that operate in the deception technology market are Allure Security Technology, Inc, Attivo Networks, Inc, Acalvio, CYBERTRAP Software GmbH, CounterCraft, Fidelis Cybersecurity, Guardicore Ltd, Illusive Networks, LogRhythm, Inc, Minerva Labs, PacketViper, Rapid7, Smokescreen Technologies, Inc, TopSpin Security, Trapx Security, vArmour, and WatchGuard Technologies. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the deception technology market analysis from 2021 to 2031 to identify the prevailing deception technology market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the deception technology market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global deception technology market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Offering
Solution
Deployment Model
On-premise
Cloud
Service
Service Type
Professional Services
Managed Services
By Deception Stack
Network Security
Endpoint Security
Application Security
By Enterprise Size
Large Enterprises
SMEs
By Industry Vertical
BFSI
Government and Defense
Retail and E-commerce
Healthcare
IT and Telecom
Energy and Utilities
Manufacturing
Education
Others
By Region
North America
U.S.
Canada
Europe
UK
Germany
France
Italy
Spain
Netherlands
Rest Of Europe
Asia-Pacific
China
Japan
South Korea
Australia
India
Rest Of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market Players
Allure Security Technology, Inc
Attivo Networks, Inc
Acalvio
CYBERTRAP Software GmbH
CounterCraft
Fidelis Cybersecurity
Guardicore Ltd
Illusive Networks
LogRhythm, Inc
Minerva Labs
PacketViper
Rapid7
Smokescreen Technologies, Inc
TopSpin Security
Trapx Security
vArmour
WatchGuard Technologies
Watchguard Technologies, Inc.
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