Market Research Report
Global Deception Technology Market - Segmented by Deployment (Cloud, On-Premise), Organization Size, Services (Managed Services, Professional Services), Deception Stack, End User, and Region - Growth, Trends, and Forecast (2018 - 2023)
|Published by||Mordor Intelligence LLP||Product code||704850|
|Published||Content info||97 Pages
Delivery time: 2-3 business days
|Global Deception Technology Market - Segmented by Deployment (Cloud, On-Premise), Organization Size, Services (Managed Services, Professional Services), Deception Stack, End User, and Region - Growth, Trends, and Forecast (2018 - 2023)|
|Published: August 18, 2018||Content info: 97 Pages||
The Deception technology market is expected to register a CAGR of over 14.88% during the forecast period 2018 - 2023. The report profiles the services of deception technology, like managed and professional services in various regions.
The deception technology market is expected to grow during the forecasted period, owing to increasing security concerns among government and private bodies to protect their privacy and data. The major factors contributing to the growth of the market are the rise of APTs and DDOS attacks, the increasing need of effective solution for early detection of attackers by large and medium enterprises, coupled with the rise in adoption of Internet of Things (IoT) and Bring Your Own Device (BYOD) trend within enterprises. Further, deception technology can aid to identify attackers moving laterally into the network and set off high confidence alert, thus protecting the system. However, lack of awareness about technical threats are some of the factors hindering the growth of Deception Technology Market.
Industrial IoT is on the rise with Industry 4.0. The increasing number of connected deceives raises security concerns and makes it easier for a data breach. The growth in the BYOD system within enterprises has led to the distribution of data across many systems. The number of threats organizations face is increasing. Attacks are becoming more sophisticated and target more widely. As the number of devices connected to the network, it becomes virtually impossible to encrypt and monitor each device. It is thus preferred to create an identical mirror system as a decoy for the attack to be directed at. This helps protect the data while observing the intentions of the attack on the decoy system. The increasing adoption of IoT and BYOD across the industries has led to the growth of deception technologies market.
North America is a significant region for the deception technologies, as the area has a high demand for protection and control systems against cybercrimes. Also, this region has the highest adoption rate for IoT technologies leading to a growing need for data security. The US is the primary driver for the growth of the region in deception technologies. Growing data centers in North America due to increasing research and development activities are also allowing the deception technology market to grow. The industrial sector has stringent security policies for intellectual property, and the growth of industrial sector increases the demand for deception technology.
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2 Research Methodology
3 Market Insights
4 Market Dynamics
5 Global Deception Technology Market Segmentation
6 Deception Technology Market Competitive Landscape
7 Deception Technology Market Companies
List not Exhaustive
8 Deception Technology Market Investment Analysis
9 Future of Deception Technology Market