
Europe Deception Technology Market Size, Share & Trends Analysis Report By Component (Solutions and Services), By Deployment Mode (Cloud and On-premise), By Deception Stack, By Organization Size, By Vertical, By Country and Growth Forecast, 2024 - 2031
Description
Europe Deception Technology Market Size, Share & Trends Analysis Report By Component (Solutions and Services), By Deployment Mode (Cloud and On-premise), By Deception Stack, By Organization Size, By Vertical, By Country and Growth Forecast, 2024 - 2031
The Europe Deception Technology Market would witness market growth of 12.5% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Deception Technology Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $346 million by 2031. The UK market is experiencing a CAGR of 11.6% during (2024 - 2031). Additionally, The France market would exhibit CAGR of 13.3% during (2024 - 2031).
Several key factors have driven the demand for deception technology. The attack surface for malicious actors has been widened by the increasing adoption of cloud computing and Internet of Things (IoT) devices. IoT devices, often operating on outdated firmware with limited security features, present an attractive target for cybercriminals. Similarly, cloud-based environments, while offering scalability and efficiency, are vulnerable to misconfigurations, insecure APIs, and insider threats. Deception technology provides an effective means to address these challenges by securing complex and dynamic infrastructures. By deploying decoys within IoT networks and cloud environments, organizations can detect threats in real-time, identify vulnerabilities, and gather intelligence on attackers’ tactics.
Moreover, the rise of remote work and Bring Your Own Device (BYOD) policies has further increased the complexity of securing organizational networks. Employees accessing corporate systems from various devices and locations create additional entry points for attackers. Deception technology mitigates these risks by continuously monitoring network activity and redirecting potential threats to decoy environments. This ensures that even if an attacker breaches the perimeter, their actions are confined to a controlled environment, preventing damage to actual systems and data.
Ireland is also emerging as a key market for deception technology, particularly in its thriving financial services sector. The sector recorded a 14% increase in exports, excluding insurance and pension services, reaching €22.2 billion in 2021. With the incorporation of 5G technology, Ireland’s digital banking capabilities are set to grow, especially in areas like cross-border financial transactions and real-time data analysis. This expansion demands advanced cybersecurity solutions like deception technology to secure sensitive financial data and protect against sophisticated threats. As Ireland strengthens its position in the global financial arena, deception technology is poised to play a pivotal role in maintaining trust and resilience in its digital infrastructure. Thus, the region’s emphasis on regulatory compliance, critical infrastructure protection, and digital transformation positions it as a key player in the deception technology market.
Based on Component, the market is segmented into Solutions and Services (Professional Services and Managed Services). Based on Deployment Mode, the market is segmented into Cloud and On-premise. Based on Deception Stack, the market is segmented into Network Security, Data Security, Endpoint Security, and Application Security. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium Enterprises (SMEs). Based on Vertical, the market is segmented into BFSI, Government, Healthcare, Energy & Utilities, IT & Telecom, Retail, Manufacturing, and Other Vertical. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
- Rapid7, Inc.
- LogRhythm, Inc.
- Fortinet, Inc.
- Check Point Software Technologies Ltd.
- Palo Alto Networks, Inc.
- Smokescreen Technologies
- Akamai Technologies
- Cymmetria
- Attivo Networks (SentinelOne)
- Trapx Security
By Component
- Solutions
- Services
- Professional Services
- Managed Services
- Cloud
- On-premise
- Network Security
- Data Security
- Endpoint Security
- Application Security
- Large Enterprises
- Small & Medium Enterprises (SMEs)
- BFSI
- Government
- Healthcare
- Energy & Utilities
- IT & Telecom
- Retail
- Manufacturing
- Other Vertical
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Table of Contents
145 Pages
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Europe Deception Technology Market, by Component
- 1.4.2 Europe Deception Technology Market, by Deployment Mode
- 1.4.3 Europe Deception Technology Market, by Deception Stack
- 1.4.4 Europe Deception Technology Market, by Organization Size
- 1.4.5 Europe Deception Technology Market, by Vertical
- 1.4.6 Europe Deception Technology Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- Chapter 4. Competition Analysis – Global
- 4.1 Market Share Analysis, 2023
- 4.2 Porter Five Forces Analysis
- Chapter 5. Europe Deception Technology Market by Component
- 5.1 Europe Solutions Market by Country
- 5.2 Europe Services Market by Country
- 5.3 Europe Deception Technology Market by Services Type
- 5.3.1 Europe Professional Services Market by Country
- 5.3.2 Europe Managed Services Market by Country
- Chapter 6. Europe Deception Technology Market by Deployment Mode
- 6.1 Europe Cloud Market by Country
- 6.2 Europe On-premise Market by Country
- Chapter 7. Europe Deception Technology Market by Deception Stack
- 7.1 Europe Network Security Market by Country
- 7.2 Europe Data Security Market by Country
- 7.3 Europe Endpoint Security Market by Country
- 7.4 Europe Application Security Market by Country
- Chapter 8. Europe Deception Technology Market by Organization Size
- 8.1 Europe Large Enterprises Market by Country
- 8.2 Europe Small & Medium Enterprises (SMEs) Market by Country
- Chapter 9. Europe Deception Technology Market by Vertical
- 9.1 Europe BFSI Market by Country
- 9.2 Europe Government Market by Country
- 9.3 Europe Healthcare Market by Country
- 9.4 Europe Energy & Utilities Market by Country
- 9.5 Europe IT & Telecom Market by Country
- 9.6 Europe Retail Market by Country
- 9.7 Europe Manufacturing Market by Country
- 9.8 Europe Other Vertical Market by Country
- Chapter 10. Europe Deception Technology Market by Country
- 10.1 Germany Deception Technology Market
- 10.1.1 Germany Deception Technology Market by Component
- 10.1.1.1 Germany Deception Technology Market by Services Type
- 10.1.2 Germany Deception Technology Market by Deployment Mode
- 10.1.3 Germany Deception Technology Market by Deception Stack
- 10.1.4 Germany Deception Technology Market by Organization Size
- 10.1.5 Germany Deception Technology Market by Vertical
- 10.2 UK Deception Technology Market
- 10.2.1 UK Deception Technology Market by Component
- 10.2.1.1 UK Deception Technology Market by Services Type
- 10.2.2 UK Deception Technology Market by Deployment Mode
- 10.2.3 UK Deception Technology Market by Deception Stack
- 10.2.4 UK Deception Technology Market by Organization Size
- 10.2.5 UK Deception Technology Market by Vertical
- 10.3 France Deception Technology Market
- 10.3.1 France Deception Technology Market by Component
- 10.3.1.1 France Deception Technology Market by Services Type
- 10.3.2 France Deception Technology Market by Deployment Mode
- 10.3.3 France Deception Technology Market by Deception Stack
- 10.3.4 France Deception Technology Market by Organization Size
- 10.3.5 France Deception Technology Market by Vertical
- 10.4 Russia Deception Technology Market
- 10.4.1 Russia Deception Technology Market by Component
- 10.4.1.1 Russia Deception Technology Market by Services Type
- 10.4.2 Russia Deception Technology Market by Deployment Mode
- 10.4.3 Russia Deception Technology Market by Deception Stack
- 10.4.4 Russia Deception Technology Market by Organization Size
- 10.4.5 Russia Deception Technology Market by Vertical
- 10.5 Spain Deception Technology Market
- 10.5.1 Spain Deception Technology Market by Component
- 10.5.1.1 Spain Deception Technology Market by Services Type
- 10.5.2 Spain Deception Technology Market by Deployment Mode
- 10.5.3 Spain Deception Technology Market by Deception Stack
- 10.5.4 Spain Deception Technology Market by Organization Size
- 10.5.5 Spain Deception Technology Market by Vertical
- 10.6 Italy Deception Technology Market
- 10.6.1 Italy Deception Technology Market by Component
- 10.6.1.1 Italy Deception Technology Market by Services Type
- 10.6.2 Italy Deception Technology Market by Deployment Mode
- 10.6.3 Italy Deception Technology Market by Deception Stack
- 10.6.4 Italy Deception Technology Market by Organization Size
- 10.6.5 Italy Deception Technology Market by Vertical
- 10.7 Rest of Europe Deception Technology Market
- 10.7.1 Rest of Europe Deception Technology Market by Component
- 10.7.1.1 Rest of Europe Deception Technology Market by Services Type
- 10.7.2 Rest of Europe Deception Technology Market by Deployment Mode
- 10.7.3 Rest of Europe Deception Technology Market by Deception Stack
- 10.7.4 Rest of Europe Deception Technology Market by Organization Size
- 10.7.5 Rest of Europe Deception Technology Market by Vertical
- Chapter 11. Company Profiles
- 11.1 Rapid7, Inc.
- 11.1.1 Company Overview
- 11.1.2 Financial Analysis
- 11.1.3 Regional Analysis
- 11.1.4 Research & Development Expenses
- 11.1.5 Recent strategies and developments:
- 11.1.5.1 Product Launches and Product Expansions:
- 11.1.6 SWOT Analysis
- 11.2 LogRhythm, Inc.
- 11.2.1 Company Overview
- 11.2.2 SWOT Analysis
- 11.3 Fortinet, Inc.
- 11.3.1 Company Overview
- 11.3.2 Financial Analysis
- 11.3.3 Regional Analysis
- 11.3.4 Research & Development Expenses
- 11.3.5 Recent strategies and developments:
- 11.3.5.1 Product Launches and Product Expansions:
- 11.3.6 SWOT Analysis
- 11.4 Check Point Software Technologies Ltd.
- 11.4.1 Company Overview
- 11.4.2 Financial Analysis
- 11.4.3 Regional Analysis
- 11.4.4 Research & Development Expenses
- 11.4.5 SWOT Analysis
- 11.5 Palo Alto Networks, Inc.
- 11.5.1 Company Overview
- 11.5.2 Financial Analysis
- 11.5.3 Regional Analysis
- 11.5.4 Research & Development Expense
- 11.5.5 SWOT Analysis
- 11.6 Smokescreen Technologies (Zscaler,Inc.)
- 11.6.1 Company Overview
- 11.6.2 Financial Analysis
- 11.6.3 Regional Analysis
- 11.6.4 Research & Development Expenses
- 11.7 Akamai Technologies, Inc.
- 11.7.1 Company Overview
- 11.7.2 Financial Analysis
- 11.7.3 Research & Development Expense
- 11.7.4 SWOT Analysis
- 11.8 Cymmetria
- 11.8.1 Company Overview
- 11.9 Attivo Networks (SentinelOne)
- 11.9.1 Company Overview
- 11.10. Trapx Security (Commvault)
- 11.10.1 Company Overview
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.