Global Deception Technology Market 2017-2021
About Deception Technology
Deception technology was introduced as an advanced security feature to track and avoid targeted attacks. Deceptions are achieved through the use of purposeful obfuscations, deceitful responses, feints, misdirections, and other falsehoods. Deception in this context is used as a technique for defensive or disruptive purposes, and is not offensive in nature.
Technavio’s analysts forecast the global Deception Technology market to grow at a CAGR of 9.80% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global deception technology market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of deception technology solutions that include software suites and services provided to government organizations, large enterprises, and SMEs. On-premise deployment model and cloud-based infrastructure are included in the report.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Deception Technology Market 2017-2021
Technavio recognizes the following companies as the key players in the global deception technology market: Attivo Networks, Cymmetria, GuardiCore, Illusive Networks, and TrapX Security.
Other Prominent Vendors in the market are: Acalvio Technologies, Allure Security Technology, CyberTrap, ForeScout, Hexis Cyber Solutions, LogRhythm, Percipient Networks, Rapid7, Sandvine, Shape Security, Smokescreen Technologies, TopSpin Security, and vArmour Solutions.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is increasing reliance on partnership networks. Due to the rise in competition in the global deception technology market, vendors are expanding their businesses into foreign markets. However, some vendors, especially those in developing countries, are not aware of managed security services. As a result, most of the vendors depend on their partners to deploy such solutions. For example, vendors like Cisco depend on the partnership network approach to expand their business.”
According to the report, one of the major drivers for this market is increase in use of mobile devices. The increase in use of mobile devices such as laptops, mobile phones, and tablets is helping the revenue inflow in the market. The use of mobile devices for personal and professional use is increasing the demand for security in these devices because of critical data access and storage. Further, as the technology is advancing, individuals are highly dependent on mobile devices for various purposes such as e-commerce, bill payment, and GPS. As the information accessed by mobile devices are confidential, it requires high level security against hacking.
Further, the report states that one of the major factors hindering the growth of this market is complex IT infrastructure. With the evolution of IoT, there has been an increase in the use of cloud computing, big data, and mobile devices, which has increased the complexity of the IT infrastructure. Organizations are finding it difficult to provide optimum security and service levels to their businesses to ensure success. Identifying legitimate end-users is a major challenge as many consumers are connected through networks, engaging in a broad range of activities such as e-commerce, online transactions, online payments, and financial transactions.
Attivo Networks, Cymmetria, GuardiCore, Illusive Networks, and TrapX Security.Other Prominent Vendors in the market are: Acalvio Technologies, Allure Security Technology, CyberTrap, ForeScout, Hexis Cyber Solutions, LogRhythm, Percipient Networks, Rapid7, Sandvine, Shape Security, Smokescreen Technologies, TopSpin Security, and vArmour Solutions.