Market Overview:
The global deception technology market is expected to grow from USD 1.5 billion in 2018 to USD 3.8 billion by 2030, at a CAGR of 14.0% from 2018 to 2030. The growth of the global deception technology market can be attributed to the increasing number of cyber-attacks and data breaches across organizations, and the need for advanced security solutions that can detect and prevent such attacks. In addition, the growing demand for cloud-based deception technology solutions is also contributing to the growth of the global deception technology market.
Product Definition:
Deception technology is the use of technology to mislead or deceive an opponent in order to gain an advantage. It can include things like fake signals, decoys, and false information. Deception technology is important because it can help a military or other organization gain an edge over their opponents.
Cloud:
Cloud is a collection of remote servers that are connected to the internet. It provides shared resources and allows multiple users to access those resources simultaneously. The rapid increase in the number of devices that require online services has led to an increase in demand for cloud-based solutions, which is expected to drive market growth over the forecast period.
The major drivers for cloud technology are its cost efficiency, scalability & reliability.
On-premises:
On-premises is a term used for software and hardware installation at the organization's premise, in other words, at the client’s site. The on-premises solution is an internal web application that allows organizations to design their own search engine and also provides customization options to meet their specific needs.
Application Insights:
The large enterprises segment dominated the global deception technology market in 2017, accounting for over 60% of the revenue share. The segment is expected to continue its dominance over the forecast period. Large enterprises are more prone to fraud and other types of attacks as they have a lot of money at stake. Thus, they use deceptions for gaining an upper hand in competitive situations or when there is a need to protect sensitive information or assets from cyberattacks.
Small and medium-sized businesses (SMBs) are increasingly adopting cloud-based deception solutions owing to their ability to reduce costs associated with implementation, maintenance and security while enabling enhanced control over business operations across multiple locations worldwide. SMBs usually operate on low margins which makes them susceptible to competition from low cost countries where labor rates are much lower than in developed economies like U.S., Canada etc.
Regional Analysis:
The North American market is expected to dominate the global deception technology market over the forecast period. The growth of this region can be attributed to various factors such as increasing government regulations and policies, growing demand for data security, and rising awareness among users regarding online transactions. Moreover, presence of major players in this region is also contributing towards regional growth. For instance, in November 2017, Microsoft Corporation announced that it had entered into a partnership with Verint Systems Inc., thus expanding its Government Security & Risk division to include new areas of responsibility including Deception Technology and Advanced Threat Protection (ATP). This new area of responsibility would enable Microsoft Corporation to offer customers a more comprehensive solution set for threat detection and response.
Growth Factors:
- Increasing demand for deception technology from government and defense sectors to thwart cyber-attacks
- Rising adoption of deception technology by small and medium businesses to protect their networks from advanced threats
- Proliferation of ransomware and other sophisticated malware that can evade traditional security measures, driving the need for more effective countermeasures such as deception technology
- Growing awareness of the benefits of deception technology among security professionals, leading to wider deployment across organizations
- Development of new features and applications for deception technology that make it more effective in detecting and preventing cyber-attacks
Scope Of The Report
Report Attributes
Report Details
Report Title
Deception Technology Market Research Report
By Type
Cloud, On-premises
By Application
Small and Medium Enterprises (SMEs), Large Enterprises
By Companies
Rapid7, Logrhythm, Trapx Security, Attivo Networks, Illusive Networks, Cymmetria, Guardicore, Allure Security Technology, Topspin Security, Varmour, Smokescreen Technologies, Acalvio Technologies
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
223
Number of Tables & Figures
157
Customization Available
Yes, the report can be customized as per your need.
Global Deception Technology Market Report Segments:
The global Deception Technology market is segmented on the basis of:
Types
Cloud, On-premises
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Small and Medium Enterprises (SMEs), Large Enterprises
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Rapid7
- Logrhythm
- Trapx Security
- Attivo Networks
- Illusive Networks
- Cymmetria
- Guardicore
- Allure Security Technology
- Topspin Security
- Varmour
- Smokescreen Technologies
- Acalvio Technologies
Highlights of The Deception Technology Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cloud
- On-premises
- By Application:
- Small and Medium Enterprises (SMEs)
- Large Enterprises
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Deception Technology Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Deception technology is a term used to describe any technology that can be used to deceive someone. This could include technologies that are used to fake information, create fake websites or emails, or even use voice changers to disguise the identity of someone speaking.
Some of the major players in the deception technology market are Rapid7, Logrhythm, Trapx Security, Attivo Networks, Illusive Networks, Cymmetria, Guardicore, Allure Security Technology, Topspin Security, Varmour, Smokescreen Technologies, Acalvio Technologies.
The deception technology market is expected to grow at a compound annual growth rate of 14%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Deception Technology Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Deception Technology Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Deception Technology Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Deception Technology Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Deception Technology Market Size & Forecast, 2020-2028
4.5.1 Deception Technology Market Size and Y-o-Y Growth
4.5.2 Deception Technology Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Cloud
5.2.2 On-premises
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Small and Medium Enterprises (SMEs)
6.2.2 Large Enterprises
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Deception Technology Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Deception Technology Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Cloud
9.6.2 On-premises
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Small and Medium Enterprises (SMEs)
9.10.2 Large Enterprises
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Cloud
10.6.2 On-premises
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Small and Medium Enterprises (SMEs)
10.10.2 Large Enterprises
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Cloud
11.6.2 On-premises
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Small and Medium Enterprises (SMEs)
11.10.2 Large Enterprises
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Cloud
12.6.2 On-premises
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Small and Medium Enterprises (SMEs)
12.10.2 Large Enterprises
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Cloud
13.6.2 On-premises
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Small and Medium Enterprises (SMEs)
13.10.2 Large Enterprises
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Deception Technology Market: Competitive Dashboard
14.2 Global Deception Technology Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Rapid7
14.3.2 Logrhythm
14.3.3 Trapx Security
14.3.4 Attivo Networks
14.3.5 Illusive Networks
14.3.6 Cymmetria
14.3.7 Guardicore
14.3.8 Allure Security Technology
14.3.9 Topspin Security
14.3.10 Varmour
14.3.11 Smokescreen Technologies
14.3.12 Acalvio Technologies
