Deception Technology Market Slated to Outshine by 2025

Global Deception Technology Market : Snapshot

Computing systems and servers are largely affected by numerous security issues such as viruses, malware, cyber-attacks, worm infections, trojan attacks, and others. To tackle these issues, there are several technological shields available that can not only stop such activities, but also protect the systems from any future attacks. One such method is called deception technology, which mainly deals with malware infections. The name derived for this technology comes from its ability to deceive malware programs against their own operation, thereby foiling their actions.

The deception network mainly works in the form of a decoy agent, which is installed in the form of a safety-net inside a network, in anticipation of a cyber-attack. Activities of intruders and potential hackers are clearly recorded, if such individuals manage to leap into the system network. In this way, system managers and administrators can be alerted in an instant about a possible security breach, owing to the entry of malware programs. This warning is sent through the same network pathway being attacked, thus being able to properly reach the recipients.

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A substantial utilization of deception technologies has given rise to the deception technology market from a global perspective. Owing to rising concerns about network security breaches, the deception technology market is substantially growing, and is expected to gain a lot of revenue in next few years. Deception technology can help save mammoth sums of money from banks, financial institutions, and other companies, as well as classified and sensitive information, thereby being highly beneficial to various organizations.

Global Deception Technology Market: Overview

In the past couple of years, the market has seen the emergence of many new technologies to tackle security issues more effectively. One such technology rapidly gaining prominence is called deception technology. It defeats malware by deceiving them in their own operation and thereby safeguards an organization against malware.

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To elaborate a bit further, a deception network is one that acts as decoy that is installed to be compromised in the event of a cyber-attack. It helps track the activities of the intruder inside a network and hence enables network administrators and analysts bring about incident response analysis. It sends a warning to the original network and hence prevents it from being manipulated.

Global Deception Technology Market: Key Trends

The main trigger for growth in the global market for deception technology is the alarming rise in instances of cyber-attacks such as malwares, zero day attacks, Distributed Denial of Service (DDoS), and Advanced Persistent Threats (APTs), among others. In response, organizations and governments across the world have substantially upped their expenditure on security measures such as deceptive technology to protect their networks and data centers against cyber-attacks.

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Other factors driving the global deception technology market are stringent government regulations, swift uptake of cloud-based technologies, and presence of digital and online data. On the contrary, issues hobbling the market’s growth are improper knowledge of security measures, rise of pirated network security tools, and lack of cyber expertise to deal with the complex software.

Global Deception Technology Market: Market Potential

Deception technology, still in its nascent stages, holds out a lot of potential for growth in the upcoming years. As a defense technology against hackers, it holds merit and larger organizations are already considering leveraging them to uncover threat in advance. Advanced deceptive technology solutions can save entities across the world almost trillions of dollars lost in cyber-attacks.

Sensing an opportunity in the market, cyber deception technology pioneer Illusive Networks mopped up funding from Microsoft Ventures recently for swift global expansion, investment in sales and marketing, and bolstering of engineering and support teams.

Going forward, the end use segments that are expected to generate significant demand for deception technology are the government, banking, financial services and insurance, and aerospace and defense.

Global Deception Technology Market: Regional Outlook

From a geographical standpoint, North America is a key region in the global market for deception technology. The region will likely advance at a good clip in the years to come powered primarily by the developed nations of the U.S. and Canada that are home to numerous well-entrenched and new vendors catering to both domestic as well as international clients. North America is followed by Europe in terms of market share.

Asia Pacific is another crucial market. The rising investments in network security by a large number of IT, telecom, and banking companies based particularly in the countries of China, India, and Japan are predicted boost the market in the region. Another factor slated to push the demand for deception technology in the region is the increasing investments in smart cities which leverage Internet of Things (IoT) and cloud technologies, among others.

Global Deception Technology Market: Competitive Analysis 

In order to gauge the competition in the global deception technology market, the report profiles companies such as Rapid7, Inc., LogRhythm, Inc., Attivo Networks, Illusive Networks, GuardiCore, Allure Security Technology, TopSpin Security, and Smokescreen Technologies. Other stakeholders in the market are solutions providers, IT service providers, value-added resellers, enterprise users, consulting firms, and security and access management technology providers.

Deception Technology Market Share and Analysis by 2025

Global Deception Technology Market: Overview

In the past couple of years, the market has seen the emergence of many new technologies to tackle security issues more effectively. One such technology rapidly gaining prominence is called deception technology. It defeats malware by deceiving them in their own operation and thereby safeguards an organization against malware.

To elaborate a bit further, a deception network is one that acts as decoy that is installed to be compromised in the event of a cyber-attack. It helps track the activities of the intruder inside a network and hence enables network administrators and analysts bring about incident response analysis. It sends a warning to the original network and hence prevents it from being manipulated.

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https://www.tmrresearch.com/sample/sample?flag=B&rep_id=1937

Global Deception Technology Market: Key Trends

The main trigger for growth in the global market for deception technology is the alarming rise in instances of cyber-attacks such as malwares, zero day attacks, Distributed Denial of Service (DDoS), and Advanced Persistent Threats (APTs), among others. In response, organizations and governments across the world have substantially upped their expenditure on security measures such as deceptive technology to protect their networks and data centers against cyber-attacks.

Other factors driving the global deception technology market are stringent government regulations, swift uptake of cloud-based technologies, and presence of digital and online data. On the contrary, issues hobbling the market’s growth are improper knowledge of security measures, rise of pirated network security tools, and lack of cyber expertise to deal with the complex software.

Request TOC of the Report @

https://www.tmrresearch.com/sample/sample?flag=T&rep_id=1937

Global Deception Technology Market: Market Potential

Deception technology, still in its nascent stages, holds out a lot of potential for growth in the upcoming years. As a defense technology against hackers, it holds merit and larger organizations are already considering leveraging them to uncover threat in advance. Advanced deceptive technology solutions can save entities across the world almost trillions of dollars lost in cyber-attacks.

Sensing an opportunity in the market, cyber deception technology pioneer Illusive Networks mopped up funding from Microsoft Ventures recently for swift global expansion, investment in sales and marketing, and bolstering of engineering and support teams.

Going forward, the end use segments that are expected to generate significant demand for deception technology are the government, banking, financial services and insurance, and aerospace and defense.

Read Comprehensive Overview of Report @

https://www.tmrresearch.com/deception-technology-market

Global Deception Technology Market: Regional Outlook

From a geographical standpoint, North America is a key region in the global market for deception technology. The region will likely advance at a good clip in the years to come powered primarily by the developed nations of the U.S. and Canada that are home to numerous well-entrenched and new vendors catering to both domestic as well as international clients. North America is followed by Europe in terms of market share.

Asia Pacific is another crucial market. The rising investments in network security by a large number of IT, telecom, and banking companies based particularly in the countries of China, India, and Japan are predicted boost the market in the region. Another factor slated to push the demand for deception technology in the region is the increasing investments in smart cities which leverage Internet of Things (IoT) and cloud technologies, among others.

Global Deception Technology Market: Competitive Analysis 

In order to gauge the competition in the global deception technology market, the report profiles companies such as Rapid7, Inc., LogRhythm, Inc., Attivo Networks, Illusive Networks, GuardiCore, Allure Security Technology, TopSpin Security, and Smokescreen Technologies. Other stakeholders in the market are solutions providers, IT service providers, value-added resellers, enterprise users, consulting firms, and security and access management technology providers.

Security Concerns to Trigger Demand for Deception Technology

San Francisco, California, January 10, 2018: Alarming rise in security concerns has impelled security agencies to opt for advanced technologies, thus triggering the demand for deception technology, states TMR Research in a research report. The report has been titled, “Deception Technology Market – Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 – 2025.”

In the recent years, the market has seen the rise of numerous new innovations to handle security issues all the more successfully. One such technology quickly picking up pace and popularity is called deception technology. It routs malware by misleading them in their own particular operation and in this manner defends an association against virus attacks.

To expand somewhat further, a deception structure is one that goes about as distraction that is introduced to be traded off in case of a digital assault. It helps track the exercises of the interloper inside a system and subsequently empowers network administrators and examiners realize immediate response. It sends a notice to the first system and consequently keeps it from being controlled.

The fundamental trigger for development in the worldwide market for deception technology is the alarming increase in occurrences of digital assaults, for example, malwares, Distributed Denial of Service (DDoS), zero day assaults, and Advanced Persistent Threats (APTs), among others. Accordingly, associations and governments over the world have significantly increased their safety efforts via beguiling technology to ensure their systems and server are bulwarked against digital assaults.

Different factors driving the worldwide deception technology market are strict government controls, quick take-up of cloud-based advancements, and nearness of computerized and online information. Essentially, issues crimping the market’s development are disgraceful information of safety efforts, ascent of pilfered arrange security apparatuses, and absence of digital mastery to manage the unpredictable programming.

Deception technology, which is still in a nascent stage, holds out considerable promise. Bigger associations are increasingly leveraging them to uncover potential risk well in advance. Progressed tricky technology arrangements can spare elements over the world right around trillions of dollars lost in digital assaults.

Detecting a prospect in the market, digital deception technology pioneer Illusive Networks cleaned up financing from Microsoft Ventures as of late for quick worldwide extension, investment in deals, and marketing, and reinforcing of support and engineering teams.

Going ahead, the end users are that are anticipated to produce huge demands for deception technology are defense and aerospace, insurance and financial services, banking, and the government.

Region-wise, North America is a prime region in the worldwide market for deception technology. The region is expected to progress at a decent clasp in the years to come controlled essentially by the developed countries of Canada and the U.S. that are home to several new and well-entrenched market players taking into account both regional and global customers. North America is trailed by Europe regarding market share. Asia Pacific is another vital market. The growing fundings in network security by an extensive number of banking, Telecom, and IT organizations based especially in the nations of Japan, India, and China are anticipated lift the market in the region.

The vendors operating in the global market for deception technology are Smokescreen Technologies, TopSpin Security, Allure Security Technology, GuardiCore, Illusive Networks, Attivo Networks, LogRhythm, Inc., and Rapid7, Inc.

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