Deception Technology Market to Grow at a CAGR of 10.9%by charliegefen · December 3 Cheap Jerseys China , 2019
According to a new market report published by Credence Research, Inc., ?em>GlobalDeception Technology Market(By Component (Solution and Services), By Deception Stack (Application Security, Data Security, Endpoint Security and Network Security) Cheap Jerseys , By Deployment Mode (On-premise and Cloud), By End-use Vertical (Banking, Financial Services & Insurance (BFSI), Energy & Utilities, Government, Healthcare Wholesale NFL Jerseys , IT & Telecom, Manufacturing, Retail, and Others)) – Growth, Future Prospects and Competitive Landscape, 2019 ?2027? the global deception technology market is expected to witness a growth of 10.9% CAGR during the forecast period from 2019 to 2027.
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The global deception technology market accounted for a market size of US$ 1.29 Bn in 2018 and is likely to register a considerable growth Wholesale Jerseys Free Shipping , growing at a CAGR of 10.9% during the forecast period from 2019 to 2027. Growing instances of cyber-attacks is augmenting the deception technology market. Deception technology is one unique technology in which an organization can securely witness occurrences reveal.
The state-of-the-art deception solutions are responsible for detecting a wide variety of threats and are not reliant on known databases, signatures, pattern matching, or lookups. Immense growth in cyber-related crimes and the threats accompanying them have enforced organizations of all sizes to give more emphasis on the security. By 2021, it is predicted that cybercrime will be costing the world around US$ 6 Tn annually. This reflects the greatest transfer of economic wealth in the history, which risks the incentives for investments as well as innovation.
You can get the sample copy of this research by Credence Research here @ Cybercrimes have the potential of affecting both the end-users as well as enterprises Wholesale Jerseys China , inflicting severe reputation and leading to financial, and social damage to the victims. Unfortunately, regardless of the several struggles to raise alertness against such threats, attackers are still capable to intrude their target systems, leveraging multiple attack vectors. With the increase in the occurrences of cyber-attacks, organizations tend to spend more money on security to tackle this problem. Accordingly Wholesale Jerseys , rising demand for compact security infrastructure that would help countering and resisting network security breaches is driving the demand for deception technology across the globe.
On the basis of deception stack, the network security segment accounted for the majority share in the overall deception technology market in 2018. Deception technology provides protectors an exceptional gain against the attackers by doing somewhat additional that other methods of cyber security don. It helps providing a precise and timely detection by positioning a minefield of smart decoy systems and content to trip up the attackers. All of this is done within the establishment setups and aids as a high-fidelity cautioning system of attacks that have detoured perimeter security controls.
Furthermore, based on geography, North America represented the largest market for deception technology in 2018. The region is expected to continue with its supremacy in the years to come. With the availability of sufficient infrastructure, higher incidences of cyber-attacks, the presence of several global financial institutions Cheap NFL Jerseys Wholesale , and increased acceptance of connected technologies are altogether driving the growth of the deception technology market in the region.
You can get the sample copy of this research by Credence Research here @ Competitive Insights:
Major players in the deception technology market include Allure Security Technology, Attivo Networks, Cymmetria, Inc., GuardiCore, Illusive Networks Cheap NFL Jerseys Online , LogRhythm, Inc., Rapid7, Inc., Shadow Networks, Smokescreen Technologies Cheap NFL Jerseys Free Shipping , TopSpin Security, TrapX Security, and vArmour among others. The major players are taking up strategies such as partnerships, product innovation, etc. to have an upper hand in the competitive market surroundings.
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