Deception Technology Market - Growth, Trends, COVID-19 Impact, and Forecasts (2023 - 2028)
The deception technology market is expected to grow at a CAGR of 13.3% over the forecast period. Deception technology is an advanced security solution to detect and prevent targeted attacks. Deceptions are achieved through purposeful obstructions, incorrect responses, misdirection, and forgery.
Key HighlightsThe deception technology market is highly competitive, owing to many small and large players. The market studied is moderately concentrated, with the key players adopting strategies, like product innovation and mergers and acquisitions, to extend their reach and stay ahead of the competition. Some of the key players in the market are Attivo Networks Inc., Rapid7 LLC, and Smokescreen Technologies, among others.
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