Deception Technology Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2017-2021 and Forecast 2022-2028

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Deception Technology Market By Component (Solution (a standalone platform), and Services), Service (Managed Services, Training and education, Consulting services, Support & maintenance, and Design & Integration), Deception Stack (Network Security, Application Security, and Endpoint Security, and Data Security), Deployment Mode (Cloud, and On-premises), Application (Banking, Financial Services, and Insurance (BFSI), Healthcare, Government, Energy & Utilities, Manufacturing, Telecom and IT, Retail, and Others (education and defense)), and Geography

 

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Report

Description

Deception Technology Market size is expected to be valued at USD 1,543 million in 2022, growing at a 16.2% CAGR from 2022 to 2028. Deception technology signifies the cybersecurity defense that works by arranging a series of decoys and traps all over the infrastructure of a procedure. It permits attackers to gain a position on the network by accessing them with a false logic of security. Deception technology offers various advantages, such as speeding up the average time to detect threats, reducing attacker put up time on the network, reducing alert weakness, producing various indications to recognize attackers easily by various leads such as indicators of compromise (IOCs), techniques, tactics, and procedures, etc. Therefore, with having wide-ranging applications in several areas, including information technology (IT), medical, banking financial services and insurance (BFSI), defense, and others. These applications push the demand of the deception technology market globally. This technological device keeps safe networks, endpoints, and devices from various malevolent attacks, cultured cybercriminals, Advanced Persistent Threats (API), and ransomware. During the COVID-19 pandemic, the deception technology market size is expected to increase across the globe because of its acceptance in online shopping. Implementation of work-from-home culture and online shopping was increasing due to the rise in the pandemic. Furthermore, rising cybercrime with time is expected to rise the adoption of the deception technology product. For instance, the PurpleSec study provided that cybercrime rose to 600% during the pandemic. These issues may enhance the market progress during the pandemic. Further, rapid digitization and the adoption of online services by several establishments and government bodies may force the demand for security services in the upcoming years.

 

Recent Market Developments:

In July 2021- Attivo Networks, Inc. is involved in a partnership with the Department of Defense (DoD) to provide the Threat Defend platform. They use modern deception and machine learning technology for protecting against threats.

In April 2022, Acalvio Technologies, the leader in cyber deception, announced that the FedRamp Ready ShadowPlex platform has been included in the Department of Homeland Security Cybersecurity & Infrastructure Security Agency (CISA) Continuous Diagnostics and Mitigation (CDM) Approved Products List (APL).

Deception Technology Market

MARKET SUMMARY
-
16.2%
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– 16.2%
  • Largest Market– Asia Pacific
  • Fastest Growing Market– North America

Deception Technology Market

  • The global deception technology market report gives a comprehensive outlook across the globe with particular emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
  • The report on the global deception technology market gives historical, current, and future market sizes based on component, service, deception stack, deployment mode, application, and geography.
Key Players
  • Allure Security Technology, Inc.
  • Attivo Networks, Inc.
  • Rapid7, Inc.
  • Illusive Networks, Inc.
  • Trapx Security.
Deception Technology Market Dynamics

The growing events of advanced persistent threat (APT) attacks are majorly driving the deception technology market. Additionally, the increasing application of this technology in various security sectors to concentrate on real threats to the network is also propelling market growth. Besides this, the extensive adoption of deception technology by government bodies worldwide to prevent cybercrime, protect important information on their official websites, and protect citizens is another substantial growth-inducing factor. Furthermore, encourages the integration of machine learning (ML) and artificial intelligence (AI) to reduce ongoing expenses, fueling the deception technology market over the forecasted period. Further, rapid digitization and the adoption of online services by numerous organizations may drive the demand for security services. Moreover, rising awareness about safety and security enhances the deception technology market. But, the wide-ranging adoption of the honeypot concept in the IT sector is expected to hinder market growth.


North-America Got Significant Share

Deception Technology Market

The Deception Technology market in North America is likely to hold a significant revenue share in past years, and, in the upcoming years, it is predicted to increase rapidly. North America is expected to boost the deception technology market by the huge investment in research and development for security purposes. The existence of prominent key players in this market also drives the expansion of the deception technology market. The Asia Pacific region is also anticipated to be the progressive growing region in the deception technology market by the increasing adoption of IoT systems and BYOD technologies within establishments and governmental sections.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The deception technology market report provides granular level information about the market size, regional market share, historic market (2017-2021), and forecast (2022-2028)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and startup details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
  • The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
Deception Technology Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

The deception technology market is projected to expand at a CAGR of 16.2% during the forecast period

Allure Security Technology, Inc. (New York, U.S.), Attivo Networks, Inc. (California, U.S.), Guardicore (Tel Aviv, Israel), Rapid7, Inc. (Massachusetts, U.S., Illusive Networks, Inc. (New York, U.S.), Trapx Security (Massachusetts, U.S.)

North America is the fastest-growing region for the deception technology market


Report

Table Of Content

1. Executive Summary
2. Global Deception Technology Market Introduction
2.1. Global Deception Technology Market – Taxonomy
2.2. Global Deception Technology Market –Definitions
2.2.1. By Component
2.2.2. By Service
2.2.3. By Deception Stack
2.2.4. By Deployment Mode
2.2.5. By Application
2.2.6. By Geography
3. Global Deception Technology Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Deception Technology Market Dynamic Factors – Impact Analysis
3.6. Global Deception Technology Market – Competition Landscape
4. Global Deception Technology Market Analysis,2017 – 2021 and Forecast, 2022 – 2028
4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global Deception Technology Market, By Component Type, 2017–2021 and Forecast, 2022–2028 (Revenue, USD Mn)
5.1. Solution (a standalone platform)
5.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3. Market Opportunity Analysis
5.2. Services
5.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
6. Global Deception Technology Market, By Service Type, 2017 – 2021 and Forecast, 2021 – 2027 (Revenue, USD Mn)
6.1. Managed services
6.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Training and education
6.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
6.3. Consulting services
6.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.3.3. Market Opportunity Analysis
6.4. Support & maintenance
6.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.4.3. Market Opportunity Analysis
6.5. Design & Integration
6.5.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.5.3. Market Opportunity Analysis
7. Global Deception Technology Market Forecast, By Deception Stack, 2017–2021 and Forecast, 2022–2028 (Revenue, USD Mn)
7.1. Network Security
7.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. Application Security
7.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
7.3. Endpoint Security
7.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.3.3. Market Opportunity Analysis
7.4. Data Security
7.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.4.3. Market Opportunity Analysis
8. Global Deception Technology Market Forecast, By Deployment Mode, 2017 – 2021 and Forecast, 2021 – 2027 (Revenue, USD Mn)
8.1. Cloud
8.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.1.3. Market Opportunity Analysis
8.2. On-Premises
8.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.2.3. Market Opportunity Analysis
9. Global Deception Technology Market, By Application, 2017 – 2021 and Forecast, 2021 – 2027 (Revenue, USD Mn)
9.1. Banking, Financial Services, and Insurance (BFSI)
9.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
9.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.1.3. Market Opportunity Analysis
9.2. Healthcare
9.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
9.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.2.3. Market Opportunity Analysis
9.3. Government
9.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
9.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.3.3. Market Opportunity Analysis
9.4. Energy & Utilities
9.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
9.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.4.3. Market Opportunity Analysis
9.5. Manufacturing
9.5.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
9.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.5.3. Market Opportunity Analysis
9.6. Telecom & IT
9.6.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
9.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.6.3. Market Opportunity Analysis
9.7. Retail
9.7.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
9.7.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.7.3. Market Opportunity Analysis
9.8. Others (education and defense)
9.8.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
9.8.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.8.3. Market Opportunity Analysis
10. Global Deception Technology Market Forecast, By Region, 2017–2021and Forecast, 2022–2028(Revenue, USD Mn)
10.1. North America
10.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
10.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
10.1.3. Market Opportunity Analysis
10.2. Europe
10.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
10.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
10.2.3. Market Opportunity Analysis
10.3. Asia-Pacific
10.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
10.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
10.3.3. Market Opportunity Analysis
10.4. Latin America
10.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
10.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
10.4.3. Market Opportunity Analysis
10.5. Middle East and Africa
10.5.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
10.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
10.5.3. Market Opportunity Analysis
10.6. Global Deception Technology Market – Opportunity Analysis Index, By Component Type, Service, Deception Stack, Deployment Mode, Application, and Region, 2022 – 2028
11. North America Deception Technology market analysis,2017–2021 and Forecast, 2022–2028(Revenue, USD Mn)
11.1. Component Type Analysis 2017–2021and Forecast 2022 – 2028by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.1.1. Solution (a standalone platform)
11.1.2. Services
11.2. Service Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.2.1. Managed services
11.2.2. Training and education
11.2.3. Consulting services
11.2.4. Support & maintenance
11.2.5. Design & Integration
11.3. Deception Stack Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.3.1. Network security
11.3.2. Application Security
11.3.3. Endpoint security
11.3.4. Data Security
11.4. Deployment Mode Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.4.1. Cloud
11.4.2. On-premises
11.5. Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.5.1. Banking, Financial Services, and Insurance (BFSI)
11.5.2. Healthcare
11.5.3. Government
11.5.4. Energy & Utilities
11.5.5. Manufacturing
11.5.6. Telecom and IT
11.5.7. Retail
11.5.8. Others (education and defense)
11.6. Country Analysis 2017 – 2021 and Forecast 2022 – 2028by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.6.1. USA
11.6.2. Canada
11.7. North America Deception Technology Market – Opportunity Analysis Index, By Component Type, Service, Deception Stack, Deployment Mode, Application, and Region, 2022 – 2028
11.8. North America Deception Technology Market Dynamics – Trends
12. Europe Deception Technology Market Analysis, 2017–2021 and Forecast, 2022–2028(Revenue, USD Mn)
12.1. Component Type Analysis 2017–2021and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.1.1. Solution (a standalone platform)
12.1.2. Services
12.2. Service Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.2.1. Managed services
12.2.2. Training and education
12.2.3. Consulting services
12.2.4. Support & maintenance
12.2.5. Design & Integration
12.3. Deception Stack Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.3.1. Network security
12.3.2. Application Security
12.3.3. Endpoint security
12.3.4. Data Security
12.4. Deployment Mode Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.4.1. Cloud
12.4.2. On-premises
12.5. Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.5.1. Banking, Financial Services, and Insurance (BFSI)
12.5.2. Healthcare
12.5.3. Government
12.5.4. Energy & Utilities
12.5.5. Manufacturing
12.5.6. Telecom and IT
12.5.7. Retail
12.5.8. Others (education and defense)
12.6. Country Analysis 2017–2021and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.6.1. Germany
12.6.2. UK
12.6.3. France
12.6.4. Spain
12.6.5. Italy
12.6.6. Russia
12.6.7. Poland
12.6.8. Rest of Europe
12.7. Europe Deception Technology Market – Opportunity Analysis Index, By Component Type, Service, Deception Stack, Deployment Mode, Application, and Region, 2022 – 2028
12.8. Europe Deception Technology Market Dynamics – Trends
13. Asia-Pacific Deception Technology Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
13.1. Component Type Analysis 2017–2021and Forecast 2022 – 2028by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.1.1. Solution (a standalone platform)
13.1.2. Services
13.2. Service Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.2.1. Managed services
13.2.2. Training and education
13.2.3. Consulting services
13.2.4. Support & maintenance
13.2.5. Design & Integration
13.3. Deception Stack Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.3.1. Network security
13.3.2. Application Security
13.3.3. Endpoint security
13.3.4. Data Security
13.4. Deployment Mode Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.4.1. Cloud
13.4.2. On-premises
13.5. Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.5.1. Banking, Financial Services, and Insurance (BFSI)
13.5.2. Healthcare
13.5.3. Government
13.5.4. Energy & Utilities
13.5.5. Manufacturing
13.5.6. Telecom and IT
13.5.7. Retail
13.5.8. Others (education and defense)
13.6. Country Analysis2017–2021and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
13.6.1. Japan
13.6.2. China
13.6.3. India
13.6.4. ASEAN
13.6.5. Australia & New Zealand
13.6.6. Rest of Asia-Pacific
13.7. Asia-Pacific Deception Technology Market – Opportunity Analysis Index, By Component Type, Service, Deception Stack, Deployment Mode, Application, and Region, 2022 – 2028
13.8. Asia-Pacific Deception Technology Market Dynamics – Trends
14. Latin America Deception Technology Market Analysis,2017 – 2021 and Forecast, 2022–2028(Revenue, USD Mn)
14.1. Component Type Analysis 2017–2021and Forecast 2022 – 2028by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
14.1.1. Solution (a standalone platform)
14.1.2. Services
14.2. Service Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
14.2.1. Managed services
14.2.2. Training and education
14.2.3. Consulting services
14.2.4. Support & maintenance
14.2.5. Design & Integration
14.3. Deception Stack Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
14.3.1. Network security
14.3.2. Application Security
14.3.3. Endpoint security
14.3.4. Data Security
14.4. Deployment Mode Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
14.4.1. Cloud
14.4.2. On-premises
14.5. Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
14.5.1. Banking, Financial Services, and Insurance (BFSI)
14.5.2. Healthcare
14.5.3. Government
14.5.4. Energy & Utilities
14.5.5. Manufacturing
14.5.6. Telecom and IT
14.5.7. Retail
14.5.8. Others (education and defense)
14.6. Country Analysis 2017–2021and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
14.6.1. Brazil
14.6.2. Mexico
14.6.3. Argentina
14.6.4. Rest of Latin America
14.7. Latin America Deception Technology Market – Opportunity Analysis Index, By Component Type, Service, Deception Stack, Deployment Mode, Application, and Region, 2022 – 2028
14.8. Latin America Deception Technology Market Dynamics – Trends
15. Middle East and Africa Deception Technology Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
15.1. Component Type Analysis 2017–2021and Forecast 2022 – 2028by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
15.1.1. Solution (a standalone platform)
15.1.2. Services
15.2. Service Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
15.2.1. Managed services
15.2.2. Training and education
15.2.3. Consulting services
15.2.4. Support & maintenance
15.2.5. Design & Integration
15.3. Deception Stack Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
15.3.1. Network security
15.3.2. Application Security
15.3.3. Endpoint security
15.3.4. Data Security
15.4. Deployment Mode Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
15.4.1. Cloud
15.4.2. On-premises
15.5. Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
15.5.1. Banking, Financial Services, and Insurance (BFSI)
15.5.2. Healthcare
15.5.3. Government
15.5.4. Energy & Utilities
15.5.5. Manufacturing
15.5.6. Telecom and IT
15.5.7. Retail
15.5.8. Others (education and defense)
15.6. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
15.6.1. Gulf Cooperation Council (GCC) Countries
15.6.2. Israel
15.6.3. South Africa
15.6.4. Rest of MEA
15.7. MEA Deception Technology Market – Opportunity Analysis Index, By Component Type, Service, Deception Stack, Deployment Mode, Application, and Region, 2022 – 2028
15.8. MEA Deception Technology Market Dynamics – Trends
16. Competition Landscape
16.1. Strategic Dashboard of Top Market Players
16.2. Company Profiles (Introduction, Financial Analysis, Product Type& Service Testing Types, Key Developments, Strategies, and SWOT Analysis)
16.2.1. Allure Security Technology, Inc. (New York, U.S.)
16.2.2. Attivo Networks, Inc. (California, U.S.)
16.2.3. Guardicore (Tel Aviv, Israel)
16.2.4. Rapid7, Inc. (Massachusetts, U.S.
16.2.5. Illusive Networks, Inc. (New York, U.S.)
16.2.6. Trapx Security (Massachusetts, U.S.)
16.2.7. Cyber Trap Software GmbH (Vienna, Austria)
16.2.8. LogRhythm, Inc. (Boulder, U.S.)
16.2.9. Packet Viper (Pennsylvania, U.S.)
16.2.10. Fidelis Cybersecurity (Maryland, U.S.)
17. Research Methodology
18. Key Assumptions and Acronyms

Report

Company Profile

  • Allure Security Technology, Inc. (New York, U.S.)
  • Attivo Networks, Inc. (California, U.S.)
  • Guardicore (Tel Aviv, Israel)
  • Rapid7, Inc. (Massachusetts, U.S.
  • Illusive Networks, Inc. (New York, U.S.)
  • Trapx Security (Massachusetts, U.S.)
  • Cyber Trap Software GmbH (Vienna, Austria)
  • LogRhythm, Inc. (Boulder, U.S.)
  • Packet Viper (Pennsylvania, U.S.)
  • Fidelis Cybersecurity (Maryland, U.S.)

Description

Deception Technology Market size is expected to be valued at USD 1,543 million in 2022, growing at a 16.2% CAGR from 2022 to 2028. Deception technology signifies the cybersecurity defense that works by arranging a series of decoys and traps all over the infrastructure of a procedure. It permits attackers to gain a position on the network by accessing them with a false logic of security. Deception technology offers various advantages, such as speeding up the average time to detect threats, reducing attacker put up time on the network, reducing alert weakness, producing various indications to recognize attackers easily by various leads such as indicators of compromise (IOCs), techniques, tactics, and procedures, etc. Therefore, with having wide-ranging applications in several areas, including information technology (IT), medical, banking financial services and insurance (BFSI), defense, and others. These applications push the demand of the deception technology market globally. This technological device keeps safe networks, endpoints, and devices from various malevolent attacks, cultured cybercriminals, Advanced Persistent Threats (API), and ransomware. During the COVID-19 pandemic, the deception technology market size is expected to increase across the globe because of its acceptance in online shopping. Implementation of work-from-home culture and online shopping was increasing due to the rise in the pandemic. Furthermore, rising cybercrime with time is expected to rise the adoption of the deception technology product. For instance, the PurpleSec study provided that cybercrime rose to 600% during the pandemic. These issues may enhance the market progress during the pandemic. Further, rapid digitization and the adoption of online services by several establishments and government bodies may force the demand for security services in the upcoming years.

 

Recent Market Developments:

In July 2021- Attivo Networks, Inc. is involved in a partnership with the Department of Defense (DoD) to provide the Threat Defend platform. They use modern deception and machine learning technology for protecting against threats.

In April 2022, Acalvio Technologies, the leader in cyber deception, announced that the FedRamp Ready ShadowPlex platform has been included in the Department of Homeland Security Cybersecurity & Infrastructure Security Agency (CISA) Continuous Diagnostics and Mitigation (CDM) Approved Products List (APL).

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