Deception Technology Market 2018: Growth Analysis, Company Profile, Emerging Technologies, Developments, Future Plans and Comprehensive Research Study Till 2022

Pune, India -- (SBWire) -- 01/29/2018 --Deception Technology Global Market - Overview

The Global Deception Technology market is growing with the rapid pace; mainly due to the advent of automation and high adoption of internet of things in automotive industry. According to a recent study report published by the Market Research Future, the global market of Deception Technology is booming and expected to gain importance over the forecast period. The market is projected to demonstrate a spectacular growth by 2022, surpassing its previous growth records in terms of value with a striking CAGR during the anticipated period (2016 – 2022).

The factors driving the global market of Deception Technology Market are rising adoption bring your own device (BYOD), internet of things, and rise in threats among others. On the other hand, technology limitation, lack of awareness about technical threats via internet are some of the factors hindering the growth of Deception Technology Market.

The Deception Technology market is highly competitive due to the increase cyber-attacks and DDOS attacks. The major benefits of deception technology like reduction in risks of economic losses, advanced real time forensics and others are fuelling the deception technology market. Deception is expected to play a critical role as the next line of defense for detecting intrusions that have made their way inside the network before an attack can be completed and damages done. Thus, deception technology is closing the gaps between current prevention solutions and the previous limitations of honeypots thereby seeking the mainstream in IT and security infrastructure.

Key Players

The prominent players in the Deception Technology Market are – TrapX Security (U.S.), Rapid7, Inc. (U.S.), Attivo Networks (U.S.), Allure Security Technology (U.S.), Guardicore (Israel), Cymmetria, Inc. (Israel), TopSpin Security (Israel), Smokescreen Technologies (India), Illusive Networks (Israel), LogRhythm Inc. (U.S), vArmour (U.S.) among others

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Segments:

Deception Technology by Component:
- By Solution
- By ServiceSupport and Maintenance
- System integration
- Consulting
- Professional services

Deception Technology by Deception Stack:

- Application security
- Data Security
- Network security
- Endpoint security

Deception Technology by Deployment Type:

- Cloud
- On premise

Deception Technology by End-user:

- Manufacturing
- BFSI
- Healthcare
- Manufacturing
- Retail
- Transportation
- Government
- Telecom
- Others

Regional Analysis:

The regional analysis of Deception Technology market is being studied for region such as Asia pacific, North America, Europe and Rest of the World. The study indicates that North America region would dominate the Deception Technology market by the forecast period followed by Europe owing to the major developments in the field of deception technology witnessed in countries such as the U.S. and Canada. The study also indicates that U.S. and Canada are hub of large as well as start-ups vendors in the North America region .The study indicates that Asia-Pacific countries like China, Japan, South Korea, India and others are highly investing in network security infrastructure by companies in IT & Telecom and BFSI sectors. The study reveals that Asia-Pacific region would show a positive growth in Deception Technology market by the forecast period.

Industry News

Nov 2018 - Attivo Networks, the leader in deception for cyber security threat detection, announced a strategic partnership with Networks Unlimited, Africa's leading value-added distributor. With this distribution partnership, Attivo Networks and Networks Unlimited together aim to extend comprehensive next-generation deception-based cyber security defence to customers across the South and Sub-Saharan region. Next generation deception technology such as the Attivo ThreatDefend Platform is expected to advance the deception level well beyond simple emulations.

30 Oct. 2018 - Symantec announced an updated portfolio of endpoint security products, it is positioning as a next generation security platform for the cloud generation. Among the new and updated products in the Endpoint Security for the Cloud Generation portfolio is the Symantec Endpoint Protection (SEP) platform 14.1 release which now benefits from the addition of deception technology that detects and decoys stealthy attacks. Symantec is also adding new hardening capabilities to SEP that aims to prevent zero-day exploits and provide improves application isolation.

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Intended Audience:

- Deception Technology vendors
- Resellers and distributors
- Technology investors
- System Integrators
- Government Organizations
- Research/Consultancy firms
- Network solution providers
- Independent software vendors
- Managed Security Service Providers (MSSPs)

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