Market Overview:
The global deception technology software market is expected to grow at a CAGR of 16.5% during the forecast period from 2018 to 2030. The growth of this market can be attributed to the increasing adoption of deception technology software by large enterprises and SMEs across the globe. Additionally, the rising need for protection against cyber-attacks is also fueling the growth of this market. However, lack of awareness about deception technology among end users may restrain the growth of this market in some regions during the forecast period.
Product Definition:
Deception technology software is used to detect and prevent cyberattacks by confusing or misleading attackers about the true nature of a target. Deception technology can be used to create fake computer systems, networks, or user accounts that are designed to lure attackers into revealing their intentions or revealing information about themselves. Once an attacker has been lured in, deception technology can also be used to track their movements and collect data about their activities. Deception technology is important because it can help organizations detect and prevent cyberattacks before they cause damage.
Cloud-Based:
Cloud-based software is a collection of services that provide shared functionality to multiple users over the internet. It provides benefits such as increased access, cost efficiency and flexibility which increases its demand among various industries. The cloud-based software industry is expected to witness significant growth owing to factors such as growing adoption of cloud technology by small and medium enterprises, rapid increase in the number of mobile devices and increasing need for real time information across various sectors.
On-Premises:
On-premises is a term used for software and hardware installation at the organization's premise, which can be owned by an individual or shared with other organizations. On-premise solutions are installed and operated from the original equipment manufacturer (OEM) site. These solutions do not require a network connection to function; therefore, they are more secure than cloud-based solutions as there is no risk of data theft or loss due to connectivity issues.
Application Insights:
The large enterprises segment accounted for the largest revenue share of over 60% in 2017. The growth can be attributed to the growing use of deception technology software by large enterprises to cover up their data breaches and fraudulent activities. In addition, this segment is expected to register a significant CAGR from 2018 to 2030 owing to an increase in demand from various industries such as banking, financial services and insurance (BFSI), government and public sector, healthcare, telecommunication among others.
Small & medium-sized businesses (SMBs) are increasingly adopting cloud-based deception technology software solutions as they offer easy access without the need for any technical knowledge or skills. Moreover, SMBs also have limited IT resources which can be deployed across different platforms; therefore vendors are developing mobile applications that enable users with real-time information about events occurring within organizations through push notifications or alerts sent directly to smartphones via apps installed with deception technology software solutions developed by third parties such as security providers or analytics companies.
Regional Analysis:
North America is expected to be the fastest-growing region over the forecast period owing to increasing demand for technology that can help organizations in changing their business strategies and enhancing customer experience. The U.S.-based companies are investing more in research & development activities due to which North America deception technology software market is projected to grow at a significant rate over the forecast period.
The Asia Pacific deception technology software market is anticipated to witness substantial growth during the forecast period, owing with rapid urbanization and growing population especially in China, India, Japan, South Korea and Australia has led governments of these countries into adopting surveillance systems as a part of administrative regulations for maintaining public order thereby driving demand for deceptionsoftware solutions within these economies. Moreover, rising government initiatives such as “Make in India†program by encouraging domestic manufacturing activities among small & medium enterprises (SMEs) will further drive regional growth during the estimated time span.
Growth Factors:
- Increasing demand for deception technology software from small and medium businesses (SMBs) due to the increasing awareness of cyber threats and the need for robust security solutions.
- The growing popularity of deception technology software among large enterprises as they move towards a more proactive security posture.
- The increasing number of sophisticated cyber attacks, which is driving organizations to deploy more advanced security solutions such as deception technology software.
- The rising demand for cloud-based deception technology software due to its ease of deployment and lower total cost of ownership (TCO).
- Growing partnerships between deception technology vendors and managed service providers (MSPs), system integrators, and other cybersecurity solution providers that will help expand the reach of these technologies into new markets
Scope Of The Report
Report Attributes
Report Details
Report Title
Deception Technology Software Market Research Report
By Type
Cloud-Based, On-Premises
By Application
Large Enterprises, SMEs
By Companies
Cymmetria, Attivo Networks, CounterCraft , CYBERTRAP, Cynet Security, TrapX Security, Fidelis Cybersecurity, LMNTRIX, Minerva Labs, Morphisec Technologies, PacketViper, Penten, Aves Netsec, Acalvio Technologies, Smokescreen, Illusive Networks
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
159
Number of Tables & Figures
112
Customization Available
Yes, the report can be customized as per your need.
Global Deception Technology Software Market Report Segments:
The global Deception Technology Software market is segmented on the basis of:
Types
Cloud-Based, 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
Large Enterprises, SMEs
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:
- Cymmetria
- Attivo Networks
- CounterCraft
- CYBERTRAP
- Cynet Security
- TrapX Security
- Fidelis Cybersecurity
- LMNTRIX
- Minerva Labs
- Morphisec Technologies
- PacketViper
- Penten
- Aves Netsec
- Acalvio Technologies
- Smokescreen
- Illusive Networks
Highlights of The Deception Technology Software 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-Based
- On-Premises
- By Application:
- Large Enterprises
- SMEs
- 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 Software 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.
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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 Software is a software application that helps organizations detect and prevent deception. It can be used to identify deceptive behaviors, assess the credibility of statements, and determine whether a person is being truthful.
Some of the major companies in the deception technology software market are Cymmetria, Attivo Networks, CounterCraft , CYBERTRAP, Cynet Security, TrapX Security, Fidelis Cybersecurity, LMNTRIX, Minerva Labs, Morphisec Technologies, PacketViper, Penten, Aves Netsec, Acalvio Technologies, Smokescreen, Illusive Networks.
The deception technology software market is expected to grow at a compound annual growth rate of 16.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Deception Technology Software 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 Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Deception Technology Software 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 Software 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 Software Market Size & Forecast, 2018-2028
4.5.1 Deception Technology Software Market Size and Y-o-Y Growth
4.5.2 Deception Technology Software Market Absolute $ Opportunity
Chapter 5 Global Deception Technology Software 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 Deception Technology Software Market Size Forecast by Type
5.2.1 Cloud-Based
5.2.2 On-Premises
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Deception Technology Software 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 Deception Technology Software Market Size Forecast by Applications
6.2.1 Large Enterprises
6.2.2 SMEs
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Deception Technology Software 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 Software 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 Deception Technology Software Analysis and Forecast
9.1 Introduction
9.2 North America Deception Technology Software 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 Deception Technology Software Market Size Forecast by Type
9.6.1 Cloud-Based
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 Deception Technology Software Market Size Forecast by Applications
9.10.1 Large Enterprises
9.10.2 SMEs
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 Deception Technology Software Analysis and Forecast
10.1 Introduction
10.2 Europe Deception Technology Software 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 Deception Technology Software Market Size Forecast by Type
10.6.1 Cloud-Based
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 Deception Technology Software Market Size Forecast by Applications
10.10.1 Large Enterprises
10.10.2 SMEs
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 Deception Technology Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Deception Technology Software 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 Deception Technology Software Market Size Forecast by Type
11.6.1 Cloud-Based
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 Deception Technology Software Market Size Forecast by Applications
11.10.1 Large Enterprises
11.10.2 SMEs
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 Deception Technology Software Analysis and Forecast
12.1 Introduction
12.2 Latin America Deception Technology Software 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 Deception Technology Software Market Size Forecast by Type
12.6.1 Cloud-Based
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 Deception Technology Software Market Size Forecast by Applications
12.10.1 Large Enterprises
12.10.2 SMEs
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) Deception Technology Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Deception Technology Software 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) Deception Technology Software Market Size Forecast by Type
13.6.1 Cloud-Based
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) Deception Technology Software Market Size Forecast by Applications
13.10.1 Large Enterprises
13.10.2 SMEs
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 Software Market: Competitive Dashboard
14.2 Global Deception Technology Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cymmetria
14.3.2 Attivo Networks
14.3.3 CounterCraft
14.3.4 CYBERTRAP
14.3.5 Cynet Security
14.3.6 TrapX Security
14.3.7 Fidelis Cybersecurity
14.3.8 LMNTRIX
14.3.9 Minerva Labs
14.3.10 Morphisec Technologies
14.3.11 PacketViper
14.3.12 Penten
14.3.13 Aves Netsec
14.3.14 Acalvio Technologies
14.3.15 Smokescreen
14.3.16 Illusive Networks
