Market Scenario:
The type of security tools and techniques designed to prevent an attacker who has already entered the network from doing damage is called as the Deception technology. Deception technology is a revolutionary new way to detect the quietest cyber-attacks. Deception technology products are specially designed to meet head-on the threats of advanced persistent threats (APT’s), zero day events and other sophisticated attacks. If malware penetrates the enterprise, it starts moving laterally to find high value targets, Deception technology can identify attackers moving laterally into the network and set off high confidence ALERT thus protecting the system.
The growing occurrences of data breaches and intense cyber-attacks across the globe are resulting requirement of a compact security infrastructure which would resist and counter such network security breaches. This requirement is a major factor driving the growth of deception technology market. Apart from it rise in adoption of Bring Your Own Device (BYOD) & Internet of Things (IoT) trend within enterprises is also driving the deception technology market. The study indicates that there are some restraining factors as lack of security awareness, growing use of pirated network security tools that are ceasing the growth of deception technology market.
Deception Technology Market is segmented on the basis of component, deception stack, deployment and end-user. It has been observed that adoption of cloud technologies has become worldwide, this has resulted in the increase of cyber security threats which in turn increases the demand for cloud-based deception technology.
The global Deception Technology market is expected to grow at USD ~2.3 Billion by 2022, at ~14% of CAGR between 2016 and 2022.
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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
Deception Technology Global Market – Segmentation
The Deception Technology Market can be segmented in to 4 key dynamics for the convenience of the report and enhanced understanding;
- Segmentation By Component: Comprises Solutions and Services- support and maintenance, system integration, consulting and professional services.
- Segmentation By Deception Stack: Comprises Application security, data security, network security, and endpoint security
- Segmentation By Deployment Mode: Comprises of cloud and on premise mode
- Segmentation By End-user: Comprises Manufacturing, BFSI, Healthcare, retail, transport, government, telecom and others
- Segmentation By Regions : Comprises Geographical regions – North America, Europe, Asia Pacific and Rest of the World.
Deception Technology Global Market – Regional Analysis
North-America is dominating the Global Deception Technology Market with the largest market share owing to the developments in deception technologies in the countries like U.S. and Canada. Deception Technology Market in Asia-Pacific market is expected to grow at a substantial CAGR during 2016 to 2022 owing to a large enterprises and SMEs in the region are increasingly adopting cloud computing solutions. Moreover, countries like China, Japan, South Korea and India are increasing investing in network security companies in the IT & telecom sectors. The European market for Deception Technology Market is expected to grow at a considerable CAGR (2016-2022).
Industry News
Nov 2017 – 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. 2017 – 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)
TABLE OF CONTENTS
1 Market Introduction
1.1 Introduction
1.2 Scope Of Study
1.2.1 Research Objective
1.2.2 Assumptions
1.2.3 Limitations
1.3 Market Structure
2 Research Methodology
2.1 Research Network Solution
2.2 Primary Research
2.3 Secondary Research
2.4 Forecast Model
2.4.1 Market Data Collection, Analysis & Forecast
2.4.2 Market Size Estimation
3 Market Dynamics
3.1 Introduction
3.2 Market Drivers
3.3 Market Challenges
3.4 Market Opportunities
3.5 Market Restraints
4 Executive Summary
5. Market Factor Analysis
5.1 Porter’s Five Forces Analysis
5.2 Supply Chain Analysis
6 Deception Technology Market, By Segments
6.1 Introduction
6.2 Market Statistics
6.2.1 By Component
6.2.1.1 By Solution
6.2.1.2 By Service
6.2.2 By Deception Stack
6.2.2.1 Application Security
6.2.2.2 Data Security
6.2.2.3 Network Security
6.2.2.4 Endpoint Security
Continued…
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