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Deception Technology Trends and Forecast
The future of the global deception technology market looks promising with opportunities in the banking, financial services, and insurance (bfsi), energy & utility, government, healthcare, telecom & it, manufacturing, and retail markets. The global deception technology market is expected to reach an estimated $5.3 billion by 2030 with a CAGR of 14.1% from 2024 to 2030. The major drivers for this market are rising APTs and zero-day attacks, growing demand for effective solutions for early detection of attackers, and increasing adoption of BYOD and iot trends with enterprises.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Deception Technology by Segment
The study includes a forecast for the global deception technology by component, deception stack, deployment mode, end use industry, and region
Deception Technology Market by Component [Shipment Analysis by Value from 2018 to 2030]:
• Solutions
• Services
Deception Technology Market by Deception Stack [Shipment Analysis by Value from 2018 to 2030]:
• Application Security
• Data Security
• Endpoint Security
• Network Security
Deception Technology Market by Deployment Mode [Shipment Analysis by Value from 2018 to 2030]:
• Cloud
• On-Premises
Deception Technology Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:
• Banking, Financial Services, and Insurance (BFSI)
• Energy & Utilities
• Government
• Healthcare
• Telecom & IT
• Manufacturing
• Retail
• Others
Deception Technology Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Deception Technology Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies deception technology companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the deception technology companies profiled in this report include-
• Allure Security Technology
• Topspin Security
• Varmour
• Smokescreen Technologies
• Acalvio Technologies
• NTT security
• Ridgeback Network Defense
• SEC Technologies
• WatchGuard Technologies
• Attivo Networks
Deception Technology Market Insights
Lucintel forecast that solution will remain the larger segment over the forecast period due to growing demand for comprehensive and integrated security solutions, as well as increasing need for holistic and customizable cybersecurity offerings to protect critical assets and data.
BFSI will remain the largest segment over the forecast period due to rising adoption of deception platforms in financial sector along with growing demand for technological design highly advanced decoys and lures to misdirect attackers and protects real assets from being attacked.
APAC will remain the fastest growing region over the forecast period due to growing number of cyber threats and attacks in countries across the region, rising awareness towards the importance of robust security practices coupled with increasinf government initiatives promoting cybersecurity.
Features of the Global Deception Technology Market
Market Size Estimates: Deception technology market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Deception technology market size by various segments, such as by component, deception stack, deployment mode, end use industry, and region in terms of value ($B).
Regional Analysis: Deception technology market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different components, deception stacks, deployment modes, end use industries, and regions for the deception technology market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the deception technology market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the deception technology market size?
Answer: The global deception technology market is expected to reach an estimated $5.3 billion by 2030.
Q.2 What is the growth forecast for deception technology market?
Answer: The global deception technology market is expected to grow with a CAGR of 14.1% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the deception technology market?
Answer: The major drivers for this market are rising apts and zero-day attacks , growing demand for effective solutions for early detection of attackers, and increasing adoption of byod and iot trends with enterprises .
Q4. What are the major segments for deception technology market?
Answer: The future of the deception technology market looks promising with opportunities in the banking, financial services, and insurance (bfsi), energy & utility, government, healthcare, telecom & it, manufacturing, and retail markets.
Q5. Who are the key deception technology market companies?
Answer: Some of the key deception technology companies are as follows:
• Allure Security Technology
• Topspin Security
• Varmour
• Smokescreen Technologies
• Acalvio Technologies
• NTT security
• Ridgeback Network Defense
• SEC Technologies
• WatchGuard Technologies
• Attivo Networks
Q6. Which deception technology market segment will be the largest in future?
Answer: Lucintel forecast that solution will remain the larger segment over the forecast period due to growing demand for comprehensive and integrated security solutions, as well as increasing need for holistic and customizable cybersecurity offerings to protect critical assets and data.
Q7. In deception technology market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the fastest growing region over the forecast period due to growing number of cyber threats and attacks in countries across the region, rising awareness towards the importance of robust security practices coupled with increasinf government initiatives promoting cybersecurity.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the deception technology market by component (solutions and services), deception stack (application security, data security, endpoint security, and network security), deployment mode (cloud and on-premises), end use industry (banking, financial services, and insurance (BFSI), energy & utilities, government, healthcare, telecom & it, manufacturing, retail, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to deception technology market or related to deception technology companies, deception technology market size, deception technology market share, deception technology market growth, deception technology market research, write Lucintel analyst at email: helpdesk@lucintel.com we will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Deception Technology Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Deception Technology Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Deception Technology Market by Component
3.3.1: Solutions
3.3.2: Services
3.4: Global Deception Technology Market by Deception Stack
3.4.1: Application Security
3.4.2: Data Security
3.4.3: Endpoint Security
3.4.4: Network Security
3.5: Global Deception Technology Market by Deployment Mode
3.5.1: Cloud
3.5.2: On-Premises
3.6: Global Deception Technology Market by End Use Industry
3.6.1: Banking, Financial Services, and Insurance (BFSI)
3.6.2: Energy & Utilities
3.6.3: Government
3.6.4: Healthcare
3.6.5: Telecom & IT
3.6.6: Manufacturing
3.6.7: Retail
3.6.8: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Deception Technology Market by Region
4.2: North American Deception Technology Market
4.2.1: North American Deception Technology Market by Component: Solutions and Services
4.2.2: North American Deception Technology Market by End Use Industry: Banking, Financial Services, and Insurance (BFSI), Energy & Utilities, Government, Healthcare, Telecom & IT, Manufacturing, Retail, and Others
4.3: European Deception Technology Market
4.3.1: European Deception Technology Market by Component: Solutions and Services
4.3.2: European Deception Technology Market by End Use Industry: Banking, Financial Services, and Insurance (BFSI), Energy & Utilities, Government, Healthcare, Telecom & IT, Manufacturing, Retail, and Others
4.4: APAC Deception Technology Market
4.4.1: APAC Deception Technology Market by Component: Solutions and Services
4.4.2: APAC Deception Technology Market by End Use Industry: Banking, Financial Services, and Insurance (BFSI), Energy & Utilities, Government, Healthcare, Telecom & IT, Manufacturing, Retail, and Others
4.5: ROW Deception Technology Market
4.5.1: ROW Deception Technology Market by Component: Solutions and Services
4.5.2: ROW Deception Technology Market by End Use Industry: Banking, Financial Services, and Insurance (BFSI), Energy & Utilities, Government, Healthcare, Telecom & IT, Manufacturing, Retail, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Deception Technology Market by Component
6.1.2: Growth Opportunities for the Global Deception Technology Market by Deception Stack
6.1.3: Growth Opportunities for the Global Deception Technology Market by Deployment Mode
6.1.4: Growth Opportunities for the Global Deception Technology Market by End Use Industry
6.1.5: Growth Opportunities for the Global Deception Technology Market Region
6.2: Emerging Trends in the Global Deception Technology Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Deception Technology Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Deception Technology Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Allure Security Technology
7.2: Topspin Security
7.3: Varmour
7.4: Smokescreen Technologies
7.5: Acalvio Technologies
7.6: NTT security
7.7: Ridgeback Network Defense
7.8: SEC Technologies
7.9: WatchGuard Technologies
7.10: Attivo Networks
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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