Deception Technology Market | Rising Up Gradually with the Adoption of New Technologies 2031

Deception Technology Market

Deception Technology Market

The rise of advanced persistent threat (APT) attacks in the government is expected to create opportunities for the market studied over the forecast period.

PORTLAND, PORTLAND, OR, UNITED STATE, October 31, 2022 /EINPresswire.com/ – According to the report published by Allied Market Research, the global deception technology market generated $1.8 billion in 2021, and is projected to reach $5.8 billion by 2031. ‘reach , growing at a CAGR of 12.2% from 2022 to 2031. The report provides a detailed analysis of the top profit strategies, evolving market trends, market size and estimates, value chain, key investment pockets, drivers & opportunities, competitive landscape and regional landscape.

The surge in advanced persistent threat, increasing need for effective solutions for early detection of attackers and increasing adoption of innovative technologies such as IoT are driving the growth of the global deception technology market. An increase in the use of deception technology to enable enterprises to address security issues and facilitate secure information access while working remotely during the pandemic has had a positive impact on the growth of the global market.

Download Sample Report (Get Full Insights in PDF – 326 Pages) at: https://www.alliedmarketresearch.com/request-sample/31807

The report provides detailed segmentation of the global deception technology market based on offering, deception stack, enterprise size, industry vertical, and region. The report provides a comprehensive analysis of each segment and its respective sub-segment with the help of graphical and tabular representation. This analysis can essentially help market players, investors and new entrants to determine and develop strategies based on fastest growing segments and highest revenue generation mentioned in the report.

Also Read :  Escucha Mi Voz calls for second round of Johnson County assistance checks

Based on supply, the solutions segment held the largest market share in 2021, holding approximately two-thirds of the global market, and is expected to maintain its leadership status during the forecast period. The service segment, on the other hand, is expected to quote the fastest CAGR of 13.5% during the forecast period.

Based on the deception stack, the network security segment held the dominant market share in 2021, holding half of the global market, and is expected to maintain its leadership status during the forecast period. The application security segment, on the other hand, is expected to quote the fastest CAGR of 14.2% during the forecast period.

For report customization: https://www.alliedmarketresearch.com/request-for-customization/31807

Based on industry vertical, the BFSI segment held the largest market share in 2021, holding nearly one-fourth of the global market, and is expected to maintain its leadership status during the forecast period. The healthcare sector, on the other hand, is expected to cite the fastest CAGR of 15.7% during the forecast period.

Based on region, the market across North America held the dominant market share in 2021, holding more than one-third of the global market, and is expected to maintain its leadership status during the forecast period. The Asia-Pacific region, on the other hand, is expected to cite the fastest CAGR of 14.3% during the forecast period.

The key players analyzed in the global deception technology market report include Allure Security Technology, Inc, Attivo Networks, Inc, Acalvio, CYBERTRAP Software GmbH, CounterCraft, Fidelis Cybersecurity, Guardicore Ltd, Illusive Networks, LogRhythm, Inc, Minerva Labs, PacketViper, Rapid7 , Smokescreen Technologies, Inc, TopSpin Security, Trapx Security, vArmour, and WatchGuard Technologies.

Also Read :  A Chip on Your Shoulder

LIMITED-TIME OFFER – Buy now and get exclusive discounts on this report

The report analyzes these key players in the global deception technology market. These market players have made effective use of strategies such as joint ventures, collaborations, expansion, new product launches, partnerships, and others to maximize their foothold and capability in the industry. The report is helpful in analyzing recent developments, product portfolio, business performance and operating segments of prominent players in the market.

COVID-19 scenario:

• The outbreak of COVID-19 has a positive impact on the growth of the global deception technology market, due to the occurrence of losses in various countries worldwide.

• Lockdowns have led to the closure of various businesses, shops and manufacturing industries due to the prevalence of strict social distancing restrictions imposed by the governments of various countries around the world.

• Thus, more and more people were required to stay indoors, leading to a remarkable surge in Internet penetration, which is driving the demand for deception technology.

• In addition, an increase in the number of cyber attacks and the growing popularity of cloud security and AI-integrated solutions are further expected to drive the demand for deception technology in the coming years.

For Purchase Inquiry: https://www.alliedmarketresearch.com/purchase-enquiry/31807

Related report:

1. User determination market

About us:

Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global companies as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view of providing business insights and advice to assist their clients in making strategic business decisions and achieving sustainable growth in their respective market domains.

Also Read :  Deepfake Video Featuring Scarlett Johansson And Elizabeth Olsen Rolls Around The Internet, But Fans Have No Trouble Spotting The Fake

Pawan Kumar, the CEO of Allied Market Research, leads the organization to deliver high-quality data and insights. We are in professional corporate relationships with various companies. This helps us dig out market data that helps us generate accurate research data tables and confirm the highest accuracy in our market forecast. Every data company in the domain is affected. Our secondary data collection methodology includes in depth presented in the reports published by us, is extracted through primary interviews with top officials from leading online and offline research and discussion with experienced professionals and analysts in the industry.

David Correa
Allied Analytics LLP
+ +1 503-894-6022
Email us here
Visit us on social media:
Facebook
Twitter
LinkedIn



Source

Leave a Reply

Your email address will not be published.

Related Articles

Back to top button