Global Deception Technology Market To Record Protruding Growth With US$ 2,900.6 Million By 2028

July 2022 | Report Format: Electronic (PDF)

The worldwide industry is expected to develop incrementally during the study timeframe, due to the rising incidence of cyber assaults and the compelling need for advanced technology to manage security concerns effectively. The rising reliance of enterprises on developing innovations including IoT, as well as the increased prevalence of smart devices, creates a number of weaknesses that lead cybercriminals to attack corporate systems. In the short term, the growing COVID-19 outbreak and its influence on cloud solutions and work-from-home (WFH) paradigms will create chances for deception technology.

Businesses are progressively using deception technologies to protect their networks against cyber threats including malware. The technique detects and reports any intruders in the corporate network, supporting managers in investigating and addressing the problem. The increased incidence of cyber assaults, such as zero-day assaults, ransomware, complex persistent risks, and global denial of service, is driving market expansion. As a result of these dangers, governments and corporations are investing in deception technologies to defend their systems and cloud services. Government laws, huge amounts of digital and internet data, and increased usage of cloud-based solutions all benefit the deceptive technology business.

North America is the most important location for deception techniques, owing to the area's significant need for cybercrime prevention and management systems. Furthermore, the area has the greatest level of uptake of IoT technology, resulting in a rising requirement for data protection. Furthermore, the increasing number of data centers in North America as a result of expanded r&d to develop is helping the deception technologies industry to expand. The manufacturing industry also has strong security rules in place to protect copyrights, but as the manufacturing industry expands, so does the need for deception technologies.

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Deception Technology Market Report Highlights

• GuardiCore declared numerous new capacities in its Guardicore Centra Security Platform in February 2020, with the goal of assisting security architects in visualizing, segmenting, and protecting cloud requests, while also streamlining the process of decreasing risk to mission-critical company implementations through fragmentation. The Centra Security Platform was enhanced by the firm.
• Akamai Technologies, Inc., the globe’s most recognized solution for securing and distributing digital interactions, has agreed to buy Tel Aviv, Israel-based Guardicore on September 20, 2021.
• Illusive Networks, a commander in energetic cyber defence and security and deception remedies, declared in October 2020 that it had managed to reach substantial milestones in repeat purchases, including a 228 percent increase in new annual maintaining sufficient over a 12-month period, some other financing round, as well as corporate strategy new hires.

DECEPTION TECHNOLOGY MARKET SEGMENTATION

The research report published by Market Research Strategy contains industry segments, as below-

Deception Technology Component Outlook (Revenue, USD Million, 2017 - 2028)

• Solution
• Service

Deception Technology Deployment Outlook (Revenue, USD Million, 2017 - 2028)

• On-premise
• Cloud

Deception Technology Deception Stack Outlook (Revenue, USD Million, 2017 - 2028)

• Application security
• Endpoint security
• Data Security
• Network security

Deception Technology End-User Outlook (Revenue, USD Million, 2017 - 2028)

• Telecom and IT
• Banking, Financial Services, and Insurance (BFSI)
• Government
• Energy & utilities
• Healthcare
• Manufacturing
• Retail
• Others

Deception Technology Regional Outlook (Revenue, USD Million, 2017 - 2028)

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • U.K.
  • France
  • Italy
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
• Central & South America
  • Brazil
  • Argentina
• Middle East & Africa
  • Saudi Arabia
  • South Africa

List of Key Players- Deception Technology Market

• Asystom GmbH
• C3.Ai, Inc.
• Engineering Consultants Group, Inc.
• Expert Microsystems, Inc.
• Fiix Inc.
• General Electric
• Hitachi, Ltd.
• International Business Machines Corporation
• Microsoft Corporation
• Microsoft Corporation
• Operational Excellence (Opex) Group Ltd
• Ptc Inc.
• Reliability Solutions Sp. Z O.O
• Sap
• Sas Institute Inc.
• Schneider Electric Se
• Sigma Industrial Precision
• Software Ag
• Sparkcognition
• Tibco Software Inc
• Uptake Technologies Inc

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