Deception Technology Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Deception Technology Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028


The global deception technology market size reached US$ 1.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 4.4 Billion by 2028, exhibiting a growth rate (CAGR) of 13.9% during 2023-2028.

Deception technology is a cybersecurity defense that works by disseminating a series of traps and decoys throughout the infrastructure of a system to simulate genuine assets. It aims to deceive attackers by virtual and real operating system environment. It enables attackers to gain a foothold on the network by giving them a false sense of security. It offers several advantages including, decreasing attacker dwell time on the network, expediting the average time to detect and remediate threats, reducing alert fatigue, and producing metrics surrounding indicators of compromise (IOCs) and tactics, techniques and procedures (TTPs). As a result, the deception technology finds extensive applications in government, medical, defense, information technology (IT), telecommunication, and banking, financial services and insurance (BFSI) sectors worldwide.

Deception Technology Market Trends:
Due to the surging cyber-attacks, there is a rise in the employment of deception technology in organizations of different industry verticals to detect and mitigate advanced risks to credentials. This, along with the growing utilization of the technology by security teams to focus on real threats of the network, represents one of the key factors driving the market. Moreover, there is an increase in the usage of deception technology by governing authorities around the world to protect critical information provided on their official websites and prevent cybercrime onslaught. This, coupled with the rising integration of artificial intelligence (AI) and machine learning (ML) to reduce operational overheads, is propelling the growth of the market. In addition, the growing number of advanced persistent threat (APT) attacks across the globe is catalyzing the need for deception technology. Furthermore, key market players are focusing on mergers and acquisitions (M&A) to increase their overall profitability.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global deception technology market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on deception stack, service, deployment, organization size and end user.

Breakup by Deception Stack:

Data Security
Application Security
Endpoint Security
Network Security

Breakup by Service:

Managed Services
Professional Services

Breakup by Deployment:

Cloud based
On-premises

Breakup by Organization Size:

Small and Medium-sized Enterprises
Large Enterprises

Breakup by End User:

Government
Medical
BFSI
Defense
IT and Telecommunication
Others

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Acalvio Technologies Inc., Allure Security Technology, Attivo Networks, CounterCraft, CyberTrap Software GmbH, Fidelis Cybersecurity Inc., Guardicore Ltd. (Akamai Technologies), Illusive Networks, Logrhythm Inc., Rapid7, Trapx Security Inc. and Zscaler Inc.

Key Questions Answered in This Report:
How has the global deception technology market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global deception technology market?
What are the key regional markets?
What is the breakup of the market based on the deception stack?
What is the breakup of the market based on the service?
What is the breakup of the market based on the deployment?
What is the breakup of the market based on the organization size?
What is the breakup of the market based on the end user?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global deception technology market and who are the key players?
What is the degree of competition in the industry?


1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Deception Technology Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Deception Stack
6.1 Data Security
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Application Security
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Endpoint Security
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Network Security
6.4.1 Market Trends
6.4.2 Market Forecast
7 Market Breakup by Service
7.1 Managed Services
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Professional Services
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Deployment
8.1 Cloud based
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 On-premises
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by Organization Size
9.1 Small and Medium-sized Enterprises
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Large Enterprises
9.2.1 Market Trends
9.2.2 Market Forecast
10  Market Breakup by End User
10.1 Government
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Medical
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 BFSI
10.3.1 Market Trends
10.3.2 Market Forecast
10.4 Defense
10.4.1 Market Trends
10.4.2 Market Forecast
10.5 IT and Telecommunication
10.5.1 Market Trends
10.5.2 Market Forecast
10.6 Others
10.6.1 Market Trends
10.6.2 Market Forecast
11  Market Breakup by Region
11.1 North America
11.1.1 United States
 11.1.1.1 Market Trends
 11.1.1.2 Market Forecast
11.1.2 Canada
 11.1.2.1 Market Trends
 11.1.2.2 Market Forecast
11.2 Asia-Pacific
11.2.1 China
 11.2.1.1 Market Trends
 11.2.1.2 Market Forecast
11.2.2 Japan
 11.2.2.1 Market Trends
 11.2.2.2 Market Forecast
11.2.3 India
 11.2.3.1 Market Trends
 11.2.3.2 Market Forecast
11.2.4 South Korea
 11.2.4.1 Market Trends
 11.2.4.2 Market Forecast
11.2.5 Australia
 11.2.5.1 Market Trends
 11.2.5.2 Market Forecast
11.2.6 Indonesia
 11.2.6.1 Market Trends
 11.2.6.2 Market Forecast
11.2.7 Others
 11.2.7.1 Market Trends
 11.2.7.2 Market Forecast
11.3 Europe
11.3.1 Germany
 11.3.1.1 Market Trends
 11.3.1.2 Market Forecast
11.3.2 France
 11.3.2.1 Market Trends
 11.3.2.2 Market Forecast
11.3.3 United Kingdom
 11.3.3.1 Market Trends
 11.3.3.2 Market Forecast
11.3.4 Italy
 11.3.4.1 Market Trends
 11.3.4.2 Market Forecast
11.3.5 Spain
 11.3.5.1 Market Trends
 11.3.5.2 Market Forecast
11.3.6 Russia
 11.3.6.1 Market Trends
 11.3.6.2 Market Forecast
11.3.7 Others
 11.3.7.1 Market Trends
 11.3.7.2 Market Forecast
11.4 Latin America
11.4.1 Brazil
 11.4.1.1 Market Trends
 11.4.1.2 Market Forecast
11.4.2 Mexico
 11.4.2.1 Market Trends
 11.4.2.2 Market Forecast
11.4.3 Others
 11.4.3.1 Market Trends
 11.4.3.2 Market Forecast
11.5 Middle East and Africa
11.5.1 Market Trends
11.5.2 Market Breakup by Country
11.5.3 Market Forecast
12  SWOT Analysis
12.1 Overview
12.2 Strengths
12.3 Weaknesses
12.4 Opportunities
12.5 Threats
13  Value Chain Analysis
14  Porters Five Forces Analysis
14.1 Overview
14.2 Bargaining Power of Buyers
14.3 Bargaining Power of Suppliers
14.4 Degree of Competition
14.5 Threat of New Entrants
14.6 Threat of Substitutes
15  Price Analysis
16  Competitive Landscape
16.1 Market Structure
16.2 Key Players
16.3 Profiles of Key Players
16.3.1 Acalvio Technologies Inc.
 16.3.1.1 Company Overview
 16.3.1.2 Product Portfolio
16.3.2 Allure Security Technology
 16.3.2.1 Company Overview
 16.3.2.2 Product Portfolio
16.3.3 Attivo Networks 
 16.3.3.1 Company Overview
 16.3.3.2 Product Portfolio
16.3.4 CounterCraft
 16.3.4.1 Company Overview
 16.3.4.2 Product Portfolio
16.3.5 CyberTrap Software GmbH
 16.3.5.1 Company Overview
 16.3.5.2 Product Portfolio
16.3.6 Fidelis Cybersecurity Inc.
 16.3.6.1 Company Overview
 16.3.6.2 Product Portfolio
16.3.7 Guardicore Ltd. (Akamai Technologies)
 16.3.7.1 Company Overview
 16.3.7.2 Product Portfolio
16.3.8 Illusive Networks
 16.3.8.1 Company Overview
 16.3.8.2 Product Portfolio
16.3.9 Logrhythm Inc.
 16.3.9.1 Company Overview
 16.3.9.2 Product Portfolio
16.3.10 Rapid7
 16.3.10.1 Company Overview
 16.3.10.2 Product Portfolio
 16.3.10.3 Financials
16.3.11 Trapx Security Inc.
 16.3.11.1 Company Overview
 16.3.11.2 Product Portfolio
16.3.12 Zscaler Inc.
 16.3.12.1 Company Overview
 16.3.12.2 Product Portfolio
 16.3.12.3 Financials

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