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Deception Technology Market 2021 Present Scenario on Growth Analysis and High Demand to 2028

The Deception Technology Market report provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market. The report focuses on global major leading companies providing information such as company profiles, sales, sales revenue, market share and contact information. Finally the marketing, feasibility of new investment projects are assessed and overall research conclusions offered.

Deception technology is a prominent cybersecurity defense category that enables real-time detection, analysis, and protection against zero-day and advanced attacks. The technology aims to prevent a cybercriminal that has managed to infiltrate a network from doing any significant damage. Increasing occurrences of data breaches have created the need for effective protection among enterprises.

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MARKET DYNAMICS

The deception technology market is anticipated to grow in the forecast period owing to driving factors such as growing incidence of zero-day attacks and need for effective solutions for early detection of attackers. Besides, increasing adoption of BYOD and IoT trends is further likely to augment the market growth. However, wide scale use of legacy honeypot may hamper the growth of the deception technology market. Nonetheless, integration in virtual environments is likely to offer lucrative growth opportunities for the key players of deception technology market in the coming years.

MARKET SEGMENTATION

The global deception technology market is segmented on the basis of component, deception stack, deployment, and industry vertical. By component, the market is segmented into solution and services. Based on deception stack, the market is segmented as application security, endpoint security, network security, and data security. On the basis of the deployment, the market is segmented as on-premise and cloud. The market on the basis of the industry vertical is classified as BFSI, energy and utility, healthcare, government, manufacturing, retail, IT and telecom, and others.

The key players profiled in this study include-

  • Acalvio Technologies, Inc.
  • Allure Security Technology, Inc.
  • Attivo Networks, Inc.
  • Cymmetria, Inc.
  • Forescout Technologies
  • Guardicore
  • Logrhythm, Inc.
  • Rapid7, Inc.
  • Shape Security Inc.
  • Trapx Security

The objectives of this report are as follows:

  • To provide overview of the global Deception Technology market
  • To analyze and forecast the global Deception Technology market on the basis of components, category and applications
  • To provide market size and forecast till 2028 for overall Deception Technology market with respect to five major regions, namely; North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and South America (SAM), which are later sub-segmented across respective major countries
  • To evaluate market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend
  • To provide exhaustive PEST analysis for all five regions
  • To profiles key Deception Technology players influencing the market along with their SWOT analysis and market strategies

Key questions answered in the report include:

  • What will the market size and the growth rate be in 2028?
  • What are the key factors driving the Global Deception Technology Market?
  • What are the key market trends impacting the growth of the Global Deception Technology Market?
  • What are the challenges to market growth?
  • Who are the key vendors in the Global Deception Technology Market?
  • What are the market opportunities and threats faced by the vendors in the Global Deception Technology Market?
  • Trending factors influencing the market shares of the Americas, APAC, Europe, and MEA.

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A thoroughgoing evaluation of the market for strategic insights and developments. The research study has amalgamated the growth analysis of different aspects that enhance the market growth scenario. It constitutes key market drivers, restraints and trends that transform the market in either a positive or negative manner.

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