Latest
industry research report on: Global Deception Technology Market |
Industry Size, Share, Research, Reviews, Analysis, Strategies,
Demand, Growth, Segmentation, Parameters, Forecasts
Network security is a
progressive field with new technical expertise surfacing every day to
address technology security concerns in a profound and more
sophisticated way. One of these technologies presently
revolutionizing the security field is the deception technology, which
disables malware attacks by deceiving them in their own operation;
thereby defending the enterprise against it.
A deception network is one that
actually work as a decoy and is deployed to be compromised in a
cyber-attack. Deception technology tracks the activities of the
intruder inside a network and lays the foundation for network
administrators and analysts for incident response analysis. The
deception technology activates attack on a decoy network, and further
sends alarms to original network thereby safeguarding it from being
manipulated. Intruder’s keystrokes are logged and are further sent
to a system log. Later the bogus files thus altered can be trashed
with no harm done to actual network.
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The
factors favorable to growth of the market are growing incidences of
data breaches and profound cyber-attacks across the globe; thereby
necessitating a compact security infrastructure that may withstand
and if possible counter such network security breaches. In the
data-sensitive industries such as banking, insurance and technology,
the demand for data security is driving the need for deceptive
security tools for prolonged secure connectivity. Furthermore, tough
government regulations, growth of cloud- based technology service and
omnipresence of digital and online data are expected to drive
deception technology market over the forecast period.
Lack
of security awareness, growing use of pirated network security tools
and supported with dearth of cyber expertise are anticipated to
emerge as factors restraining the growth of the sector. Furthermore,
inadequate IT budget allocations in the organizations followed by
ambiguous strategic implications is expected to testify the deception
technology market growth over the forecast period.
Challenges
are numerous owing to the technological complexity and consistency
required in network security deployment. Today’s modern day economy
is profoundly dependent on information and communications technology
to conduct their daily business operations. Growing cyber threat
intensity is further pushing the demand for deception security
solutions capable of defending not only single network layer threats
but also numerous applications from data-layered attacks. These
advanced deceptive technology solutions are estimated to save
trillions of dollars affected by cyber-attacks globally in the years
to come and are supporting the need for a secure platform to protect
public and private infrastructure security necessities. The spending
on deception technology is expected to grow exponentially across
various businesses verticals, from the government & BFSI to
aerospace & defense.
Deceptive
security tools segment imposes technical requirements and the need
for updating the existing hardware such as servers & maintaining
consistency across the network infrastructure in order to reduce
technological complexity. For embedded network systems it is thus
necessary to ensure high returns on investment made in the security
infrastructure.
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The industry is segmented by
end-user type and deception stack layer. On the basis of deception
stack layer market is segmented as data, application, and endpoint
network layer respectively. Further, the end-user segment is divided
into IT & Telecom, Energy & Power, BFSI, Retail and other
verticals such as Manufacturing, Healthcare and Administrative
sector. The BFSI segment is expected to grow at a remarkable pace
owing to the enhanced customer data security requirements that the
host organizations need to deliver.
The North America region is
expected to be the major market for deception technology followed by
the European region. The growth is North America is expected to be
driven by countries such as the U.S. and Canada which have witnessed
major developments in the field of deception technology over the past
few years and are hub of large as well as start-ups vendors in the
region, catering to domestic & global clients. Furthermore, the
Asia Pacific Countries such as China, Japan and India are expected to
grow at a significant rate on account of growing investment in
network security infrastructure by companies in IT & Telecom and
BFSI sectors. Upcoming investments for developing smart cities in the
region is expected to substantially generate demand for deception
technology and the same is expected to further boost market growth
specifically in the region.
Leading players in the
deception technology market are Cymmetria, SEC Technologies, Shape
Security Inc., Guardicore, Attivo Networks, Inc., Rapid7, Hexis Cyber
Solutions, LogRhythm Inc., Percipient Networks, Trapx Security,
Allure Security Technology, ForeScout Technologies Inc., Shadow
Networks and Illusive Networks.
The report offers a
comprehensive evaluation of the market. It does so via in-depth
insights, understanding market evolution by tracking historical
developments, and analyzing the present scenario and future
projections based on optimistic and likely scenarios. Each research
report serves as a repository of analysis and information for every
facet of the market, including but not limited to: Regional markets,
technology developments, types, applications, and the competitive
landscape.
The study is a source of
reliable data on:
Key market segments and
sub-segments
Evolving market trends and
dynamics
Changing supply and demand
scenarios
Quantifying market
opportunities through market sizing and market forecasting
Tracking current
trends/opportunities/challenges
Competitive insights
Opportunity mapping in
terms of technological breakthroughs
The regional analysis
covers:
North America (U.S. and
Canada)
Latin America (Mexico,
Brazil, Peru, Chile, and others)
Western Europe (Germany,
U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands,
Luxembourg)
Eastern Europe (Poland,
Russia)
Asia Pacific (China, India,
Japan, ASEAN, Australia and New Zealand)
Middle East and Africa
(GCC, Southern Africa, North Africa)
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and the economic outlook. All the above data points are utilized to
generate a statistical model targeting the sector marketplace. More
than 300 TMR analysts across the world integrate these elements into
a framework to determine the subsector market size for a base year
and then forecast growth within each market.
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reflect the global market place. All data are collected on an
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interviewed as experts, are screened and qualified based on certain
criteria in addition to their decision-making authority and the scope
of activity within their organizations.
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