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May 13, 2021 (AmericaNewsHour) —
Global Deception Technology Market valued approximately USD 2.1 billion in 2017 is anticipated to grow with a healthy growth rate of more than 15.4% over the forecast period 2018-2025. The Deception Technology Market is continuously growing across the world over the coming years. A deception network is one that actually work as a decoy and is deployed to be compromised in a cyber-attack. Deception technology tracks the activities of the intruder inside a network and lays the foundation for network administrators and analysts for incident response analysis. Surge of Apts and Zero-Day Attacks, rise in the adoption of Bring your own device & IOT trends within both the small and large scale organizations and escalating need for effective solutions for early detection of attackers are the substantial drivers of the market across the globe.
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In the statistics by Eurostat, the total value of the ICT sector including manufacturing and services of ICT in Europe, was estimated to be more than EUR 475 billion in the year 2017. Out of these, the ICT services sector accounted for the largest share. Moreover, the ICT services sector is predicted to be ten times larger than that of ICT manufacturing. On the other hand, the ICT services consist of computer programming, consultancy and related activities, along with telecommunication activities, out of which the former held about 49.1% share while the latter held around 30.3% share in the year 2017. These factors are estimated to impact positively towards the growth of the market in the next few years. According to the statistics by GSMA Intelligence, total cellular connections worldwide as of May 2020 was recorded to 10,18 billion.
As per the Eurostat, the total value of the ICT sector in Europe, including the ICT manufacturing and ICT services, was estimated to be more than EUR 475 billion in 2017. In this sector, the ICT services account for the major share as it is predicted to be ten times larger than the share held by ICT manufacturing. ICT services consist of computer programming, consultancy and related activities which held about 49.1% share while the telecommunications activities held around 30.3% share in the segment in 2017. These factors are estimated to impact the market growth in a positive manner in the next few years.
Moreover, integration of deception technology in virtual environment is likely to creating lucrative opportunity in the near future. Deception Technology can prevent an intruder’s access to critical systems and data, effective locking the intruder in a decoy network with endpoints, applications and data. These benefit of deception technology also leads to increasing demand of it among its end-users across the world. However, data security & privacy concern and substantial use of legacy honeypots are the factors which limiting the market growth of Deception Technology during the forecast period.
The regional analysis of Global Deception Technology Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to presence of popular and new vendors of deception technology in the region. Europe is estimated to grow at in the global Deception Technology market over the upcoming years. Asia-Pacific is also anticipated to exhibit higher growth rate / CAGR over the forecast period 2018-2025 due to increasing investment of the network security by telecom, IT and banking sector in the region.
The major market player included in this report are:*Illusive Networks
*Trapx Security
*Smokescreen Technologies
*Attivo Networks Inc.
*GuardiCore
*Acalvio Technologies Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Organization Size:
Small & Medium Enterprises
Large Enterprises
By Services:
Managed Services
Professional Services
Consulting Services
Training and Education
By Deception Shack:
Data Security
Application Security
Endpoint Security
Network Security
By End-User:
Government
Medical
Commercial
Defense
Telecommunication
By Regions: North America
o U.S.
o Canada
Europe
o UK
o Germany
Asia Pacific
o China
o India
o Japan
Latin America
o Brazil
o Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2015, 2016
Base year – 2017
Forecast period – 2018 to 2025
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Target Audience of the Global Deception Technology Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
TABLE OF CONTENTS
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Key Trends
1.3. Global & Segmental Market Estimates & Forecasts, 2015-2025 (USD Billion)
1.3.1. Deception Technology Market, by Organization Size, 2015-2025 (USD Billion)
1.3.2. Deception Technology Market, by Services, 2015-2025 (USD Billion)
1.3.3. Deception Technology Market, by Deception Shack, 2015-2025 (USD Billion)
1.3.4. Deception Technology Market, by End-User, 2015-2025 (USD Billion)
1.3.5. Deception Technology Market, by Region, 2015-2025 (USD Billion)
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Deception Technology Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Deception Technology Market Dynamics
3.1. See Saw Analysis
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Deception Technology Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Buyers
4.1.2. Bargaining Power of Suppliers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model
4.2. PEST Analysis
4.2.1. Political Scenario
4.2.2. Economic Scenario
4.2.3. Social Scenario
4.2.4. Technological Scenario
4.3. Value Chain Analysis
4.3.1. Supplier
4.3.2. Manufacturers/Service Provider
4.3.3. Distributors
4.3.4. Services
4.4. Key Buying Criteria
4.5. Regulatory Framework
4.6. Cost Structure Analysis
4.6.1. Raw Material Cost Analysis
4.6.2. Manufacturing Cost Analysis
4.6.3. Labour Cost Analysis
4.7. Investment Vs Adoption Scenario
4.8. Analyst Recommendation & Conclusion
Chapter 5. Deception Technology Market, by Organization Size
5.1. Market Snapshot
5.2. Market Performance – Potential Model
5.3. Key Market Players
5.4. Deception Technology Market, Sub Segment Analysis
5.4.1. Small & Medium Enterprises
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The post Deception Technology Market Size, Outlook, Growth 2021, Industry Share, Business Strategies, Growth Analysis, Regional Demand, Revenue, Key Players and 2025 Forecast Research Report appeared first on America News Hour.
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