Deception technology Market

Deception technology Market



Growth Factors of Deception Technology Market

The deception technology market size was reached at a value of USD 518.46 billion in 2023, and the market is now projected to grow from USD 542.21 billion in 2024 to USD 886.80 billion by 2032, exhibiting a CAGR of 6.3% during the forecast period of 2023-2032.

Covid pandemic resulted in the change of products price substantially with reduction in demand. During covid pandemic most of the business were forced to shift to online selling’s by closing physical stores which boost the deception technology market growth. This trend will be continued as business recognize the importance of having an efficient and visually appealing online store for driving sales and reaching a worldwide client base. Hence, online store sale is anticipating witnessing a boom in the projected period.

Growing need for the good in the public sector to promote development. The number of cybersecurity assaults on local and state governments as well as military institutions is rising. While traditional network protection solutions aim to stop these kinds of activity, attackers are coming up with new strategies to get around them. Globally, a deception platform is often employed to shield the government agency from cyberattacks. Government organizations can protect vital information by deploying deception technology cyber security, which enables early and precise detection of in-network attacks and prompt remediation. Furthermore, it is projected that in the upcoming years, the use of deception tools would increase due to the government agencies' increased expenditure in combating cybercrime.

Adoption of security services with zero-trust architecture to drive deception technology market growth. The state of IT infrastructure has always been dynamic. Due to the increasing need for new technologies like zero trust, secure access service, and expanded detection and response globally, IT organizations frequently implement new solutions in their network architecture along with the development of new emerging technologies. Furthermore, projects for digital transformation are either underway or finished in 72% of firms, according to a research report by the Enterprise Strategy Group (ESG). Since 2020, this number has grown by 14%. While many IT companies have embraced a remote work culture, the inability to safeguard corporate infrastructure through conventional means may increase demand for the technology.

Comprehensive Analysis of Deception Technology Market

The deception technology market and information and communication technology industry is rising at an exponential rate due to its market segmentation. This market expansion effectively provides a detailed regional assessment considering the dominant supply and demand forces that impact the technology benefit management industry. These segmentations are methodically segregated by component, by deception stack, by deployment mode, by enterprise type and by vertical. The component segmentation include, Solution, Services), by Deception Stack segmentation include Application Security, Data Security, Endpoint Security, Network Security, By Deployment Mode segmentation include On-premise, Cloud-based, By Enterprise Type segmentation include Small and Medium Enterprises (SMEs), Large Enterprises, By Vertical segmentation include Banking, Financial Services, and Insurance (BFSI), Energy & Utilities, Government, Healthcare, Telecom and IT, Manufacturing, Retail, Others (Education, Defense, and Others).

The North America region lead the deception technology market by benefitting a market size of USD 0.79 billion in 2023 owing to swift advancement and uptake of new technologies and adoption of security services with zero-trust architecture.

The major market participants are essential to the information and communication technology sector since they guarantee the expansion of the business and establish benchmarks. These major players in the market provide a level playing field for competitors all over the world which include Rapid7, Inc. (Massachusetts), Illusive Networks, Inc. (New York), PacketViper (Pennsylvania), CyberTrap Software GmbH (Vienna, Austria), Fidelis Cybersecurity (Maryland, U.S.), and Trapx Security (Massachusetts, U.S.).

In March 2021, AcZscaler purchased the deception technology company Smokescreen Technologies. Through the deal, Zscaler clients will receive deception technologies that will improve threat detection.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2019-2032

Base Year 2023

Estimated Year 2024

Forecast Period 2024-2032

Historical Period 2019-2022

Growth Rate CAGR of 13.1% from 2024 to 2032

Unit Value (USD Billion)

Segmentation By Component
  • Solution
  • Services
By Deception Stack
  • Application Security
  • Data Security
  • Endpoint Security
  • Network Security
By Deployment Mode
  • On-Premise
  • Cloud-based
By Enterprise Type
  • Small and Medium Enterprises (SMEs)
  • Large Enterprises
By Vertical
  • Banking, Financial Services, and Insurance (BFSI)
  • Energy & Utilities
  • Government
  • Healthcare
  • Telecom and IT
  • Manufacturing
  • Retail
  • Others (Education, Defense, and Others)
By Region
  • North America (By Component, By Deception Stack, By Deployment Mode, By Enterprise Type, By Vertical, and By Country)
  • U.S. (By Deception Stack)
  • Canada (By Deception Stack)
  • Mexico (By Deception Stack)
  • South America (By Component, By Deception Stack, By Deployment Mode, By Enterprise Type, By Vertical, and By Country)
  • Brazil (By Deception Stack)
  • Argentina (By Deception Stack)
  • Rest of Latin America (By Deception Stack)
  • Europe (By Component, By Deception Stack, By Deployment Mode, By Enterprise Type, By Vertical, and By Country)
  • U.K. (By Deception Stack)
  • Germany (By Deception Stack)
  • France (By Deception Stack)
  • Italy (By Deception Stack)
  • Spain (By Deception Stack)
  • Russia (By Deception Stack)
  • Benelux (By Deception Stack)
  • Nordics (By Deception Stack)
  • Rest of Europe (By Deception Stack)
  • Middle East & Africa (By Component, By Deception Stack, By Deployment Mode, By Enterprise Type, By Vertical, and By Country)
  • Turkey (By Deception Stack)
  • Israel (By Deception Stack)
  • GCC (By Deception Stack)
  • North Africa (By Deception Stack)
  • South Africa (By Deception Stack)
  • Rest of the Middle East & Africa
  • Asia Pacific (By Component, By Deception Stack, By Deployment Mode, By Enterprise Type, By Vertical, and By Country)
  • China (By Deception Stack)
  • Japan (By Deception Stack)
  • India (By Deception Stack)
  • South Korea (By Deception Stack)
  • ASEAN (By Deception Stack)
  • Oceania (By Deception Stack)
  • Rest of Asia Pacific (By Deception Stack)


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1. Introduction
1.1. Definition, By Segment
1.2. Research Methodology/Approach
1.3. Data Sources
2. Executive Summary
3. Market Dynamics
3.1. Macro and Micro Economic Indicators
3.2. Drivers, Restraints, Opportunities and Trends
4. Competition Landscape
4.1. Business Strategies Adopted by Key Players
4.2. Consolidated SWOT Analysis of Key Players
4.3. Global Deception Technology Key Players Market Share/Ranking, 2023
5. Global Deception Technology Market Size Estimates and Forecasts, By Segments, 2019-2032
5.1. Key Findings
5.2. By Component (USD)
5.2.1. Solution
5.2.2. Services
5.3. By Deception Stack (USD)
5.3.1. Application Security
5.3.2. Data Security
5.3.3. Endpoint Security
5.3.4. Network Security
5.4. By Deployment (USD)
5.4.1. On-premise
5.4.2. Cloud-based
5.5. By Enterprise Type (USD)
5.5.1. Small and Medium Enterprises (SMEs)
5.5.2. Large Enterprises
5.6. By Vertical (USD)
5.6.1. Banking, Financial Services, and Insurance (BFSI)
5.6.2. Energy & Utilities
5.6.3. Government
5.6.4. Healthcare
5.6.5. Telecom & IT
5.6.6. Manufacturing
5.6.7. Retail
5.6.8. Others (Education, Defense, etc.)
5.7. By Region (USD)
5.7.1. North America
5.7.2. Europe
5.7.3. Asia Pacific
5.7.4. Middle East & Africa
5.7.5. South America
6. North America Deception Technology Market Size Estimates and Forecasts, By Segments, 2019-2032
6.1. Key Findings
6.2. By Component (USD)
6.2.1. Solution
6.2.2. Services
6.3. By Deception Stack (USD)
6.3.1. Application Security
6.3.2. Data Security
6.3.3. Endpoint Security
6.3.4. Network Security
6.4. By Deployment (USD)
6.4.1. On-premise
6.4.2. Cloud-based
6.5. By Enterprise Type (USD)
6.5.1. Small and Medium Enterprises (SMEs)
6.5.2. Large Enterprises
6.6. By Vertical (USD)
6.6.1. Banking, Financial Services, and Insurance (BFSI)
6.6.2. Energy & Utilities
6.6.3. Government
6.6.4. Healthcare
6.6.5. Telecom & IT
6.6.6. Manufacturing
6.6.7. Retail
6.6.8. Others (Education, Defense, and Others)
6.7. By Country (USD)
6.7.1. United States
6.7.1.1. By Deception Stack
6.7.2. Canada
6.7.2.1. By Deception Stack
6.7.3. Mexico
6.7.3.1. By Deception Stack
7. Europe Deception Technology Market Size Estimates and Forecasts, By Segments, 2019-2032
7.1. Key Findings
7.2. By Component (USD)
7.2.1. Solution
7.2.2. Services
7.3. By Deception Stack (USD)
7.3.1. Application Security
7.3.2. Data Security
7.3.3. Endpoint Security
7.3.4. Network Security
7.4. By Deployment (USD)
7.4.1. On-premise
7.4.2. Cloud-based
7.5. By Enterprise Type (USD)
7.5.1. Small and Medium Enterprises (SMEs)
7.5.2. Large Enterprises
7.6. By Vertical (USD)
7.6.1. Banking, Financial Services, and Insurance (BFSI)
7.6.2. Energy & Utilities
7.6.3. Government
7.6.4. Healthcare
7.6.5. Telecom & IT
7.6.6. Manufacturing
7.6.7. Retail
7.6.8. Others (Education, Defense, etc.)
7.7. By Country (USD)
7.7.1. United Kingdom
7.7.1.1. By Deception Stack
7.7.2. Germany
7.7.2.1. By Deception Stack
7.7.3. France
7.7.3.1. By Deception Stack
7.7.4. Italy
7.7.4.1. By Deception Stack
7.7.5. Spain
7.7.5.1. By Deception Stack
7.7.6. Russia
7.7.6.1. By Deception Stack
7.7.7. Benelux
7.7.7.1. By Deception Stack
7.7.8. Nordics
7.7.8.1. By Deception Stack
7.7.9. Rest of Europe
8. Asia Pacific Deception Technology Market Size Estimates and Forecasts, By Segments, 2019-2032
8.1. Key Findings
8.2. By Component (USD)
8.2.1. Solution
8.2.2. Services
8.3. By Deception Stack (USD)
8.3.1. Application Security
8.3.2. Data Security
8.3.3. Endpoint Security
8.3.4. Network Security
8.4. By Deployment (USD)
8.4.1. On-premise
8.4.2. Cloud-based
8.5. By Enterprise Type (USD)
8.5.1. Small and Medium Enterprises (SMEs)
8.5.2. Large Enterprises
8.6. By Vertical (USD)
8.6.1. Banking, Financial Services, and Insurance (BFSI)
8.6.2. Energy & Utilities
8.6.3. Government
8.6.4. Healthcare
8.6.5. Telecom & IT
8.6.6. Manufacturing
8.6.7. Retail
8.6.8. Others (Education, Defense, etc.)
8.7. By Country (USD)
8.7.1. China
8.7.1.1. By Deception Stack
8.7.2. India
8.7.2.1. By Deception Stack
8.7.3. Japan
8.7.3.1. By Deception Stack
8.7.4. South Korea
8.7.4.1. By Deception Stack
8.7.5. ASEAN
8.7.5.1. By Deception Stack
8.7.6. Oceania
8.7.6.1. By Deception Stack
8.7.7. Rest of Asia Pacific
9. Middle East & Africa Deception Technology Market Size Estimates and Forecasts, By Segments, 2019-2032
9.1. Key Findings
9.2. By Component (USD)
9.2.1. Solution
9.2.2. Services
9.3. By Deception Stack (USD)
9.3.1. Application Security
9.3.2. Data Security
9.3.3. Endpoint Security
9.3.4. Network Security
9.4. By Deployment (USD)
9.4.1. On-premise
9.4.2. Cloud-based
9.5. By Enterprise Type (USD)
9.5.1. Small and Medium Enterprises (SMEs)
9.5.2. Large Enterprises
9.6. By Vertical (USD)
9.6.1. Banking, Financial Services, and Insurance (BFSI)
9.6.2. Energy & Utilities
9.6.3. Government
9.6.4. Healthcare
9.6.5. Telecom & IT
9.6.6. Manufacturing
9.6.7. Retail
9.6.8. Others (Education, Defense, etc.)
9.7. By Country (USD)
9.7.1. Turkey
9.7.1.1. By Deception Stack
9.7.2. Israel
9.7.2.1. By Deception Stack
9.7.3. GCC
9.7.3.1. By Deception Stack
9.7.4. North Africa
9.7.4.1. By Deception Stack
9.7.5. South Africa
9.7.5.1. By Deception Stack
9.7.6. Rest of MEA
10. South America Deception Technology Market Size Estimates and Forecasts, By Segments, 2019-2032
10.1. Key Findings
10.2. By Component (USD)
10.2.1. Solution
10.2.2. Services
10.3. By Deception Stack (USD)
10.3.1. Application Security
10.3.2. Data Security
10.3.3. Endpoint Security
10.3.4. Network Security
10.4. By Deployment (USD)
10.4.1. On-premise
10.4.2. Cloud-based
10.5. By Enterprise Type (USD)
10.5.1. Small and Medium Enterprises (SMEs)
10.5.2. Large Enterprises
10.6. By Vertical (USD)
10.6.1. Banking, Financial Services, and Insurance (BFSI)
10.6.2. Energy & Utilities
10.6.3. Government
10.6.4. Healthcare
10.6.5. Telecom & IT
10.6.6. Manufacturing
10.6.7. Retail
10.6.8. Others (Education, Defense, etc.)
10.7. By Country (USD)
10.7.1. Brazil
10.7.1.1. By Deception Stack
10.7.2. Argentina
10.7.2.1. By Deception Stack
10.7.3. Rest of South America
11. Company Profiles for Top 10 Players (Based on data availability in public domain and/or on paid databases)
11.1. Attivo Networks, Inc.
11.1.1. Overview
11.1.1.1. Key Management
11.1.1.2. Headquarters
11.1.1.3. Offerings/Business Segments
11.1.2. Key Details (Key details are consolidated data and not product/service specific)
11.1.2.1. Employee Size
11.1.2.2. Past and Current Revenue
11.1.2.3. Geographical Share
11.1.2.4. Business Segment Share
11.1.2.5. Recent Developments
11.2. Rapid7, Inc.
11.2.1. Overview
11.2.1.1. Key Management
11.2.1.2. Headquarters
11.2.1.3. Offerings/Business Segments
11.2.2. Key Details (Key details are consolidated data and not product/service specific)
11.2.2.1. Employee Size
11.2.2.2. Past and Current Revenue
11.2.2.3. Geographical Share
11.2.2.4. Business Segment Share
11.2.2.5. Recent Developments
11.3. Illusive Networks, Inc.
11.3.1. Overview
11.3.1.1. Key Management
11.3.1.2. Headquarters
11.3.1.3. Offerings/Business Segments
11.3.2. Key Details (Key details are consolidated data and not product/service specific)
11.3.2.1. Employee Size
11.3.2.2. Past and Current Revenue
11.3.2.3. Geographical Share
11.3.2.4. Business Segment Share
11.3.2.5. Recent Developments
11.4. TopSpin Security (Fidelis Cybersecurity)
11.4.1. Overview
11.4.1.1. Key Management
11.4.1.2. Headquarters
11.4.1.3. Offerings/Business Segments
11.4.2. Key Details (Key details are consolidated data and not product/service specific)
11.4.2.1. Employee Size
11.4.2.2. Past and Current Revenue
11.4.2.3. Geographical Share
11.4.2.4. Business Segment Share
11.4.2.5. Recent Developments
11.5. Allure Security Technology, Inc.
11.5.1. Overview
11.5.1.1. Key Management
11.5.1.2. Headquarters
11.5.1.3. Offerings/Business Segments
11.5.2. Key Details (Key details are consolidated data and not product/service specific)
11.5.2.1. Employee Size
11.5.2.2. Past and Current Revenue
11.5.2.3. Geographical Share
11.5.2.4. Business Segment Share
11.5.2.5. Recent Developments
11.6. PacketViperDell Inc.
11.6.1. Overview
11.6.1.1. Key Management
11.6.1.2. Headquarters
11.6.1.3. Offerings/Business Segments
11.6.2. Key Details (Key details are consolidated data and not product/service specific)
11.6.2.1. Employee Size
11.6.2.2. Past and Current Revenue
11.6.2.3. Geographical Share
11.6.2.4. Business Segment Share
11.6.2.5. Recent Developments
11.7. CyberTrap Software GmbH
11.7.1. Overview
11.7.1.1. Key Management
11.7.1.2. Headquarters
11.7.1.3. Offerings/Business Segments
11.7.2. Key Details (Key details are consolidated data and not product/service specific)
11.7.2.1. Employee Size
11.7.2.2. Past and Current Revenue
11.7.2.3. Geographical Share
11.7.2.4. Business Segment Share
11.7.2.5. Recent Developments
11.8. LogRhythm, Inc.
11.8.1. Overview
11.8.1.1. Key Management
11.8.1.2. Headquarters
11.8.1.3. Offerings/Business Segments
11.8.2. Key Details (Key details are consolidated data and not product/service specific)
11.8.2.1. Employee Size
11.8.2.2. Past and Current Revenue
11.8.2.3. Geographical Share
11.8.2.4. Business Segment Share
11.8.2.5. Recent Developments
11.9. Cynet Systems
11.9.1. Overview
11.9.1.1. Key Management
11.9.1.2. Headquarters
11.9.1.3. Offerings/Business Segments
11.9.2. Key Details (Key details are consolidated data and not product/service specific)
11.9.2.1. Employee Size
11.9.2.2. Past and Current Revenue
11.9.2.3. Geographical Share
11.9.2.4. Business Segment Share
11.9.2.5. Recent Developments
11.10. Smokescreen Technologies
11.10.1. Overview
11.10.1.1. Key Management
11.10.1.2. Headquarters
11.10.1.3. Offerings/Business Segments
11.10.2. Key Details (Key details are consolidated data and not product/service specific)
11.10.2.1. Employee Size
11.10.2.2. Past and Current Revenue
11.10.2.3. Geographical Share
11.10.2.4. Business Segment Share
11.10.2.5. Recent Developments
12. Key Takeaways

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