Skip to main content

Deception Technology Market Size to Witness Significant Growth (2016-2024)

Network security is a progressive field with new technical expertise surfacing every day to address technology security concerns in a profound and more sophisticated way. One of these technologies presently revolutionizing the security field is the deception technology, which disables malware attacks by deceiving them in their own operation; thereby defending the enterprise against it.
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. The deception technology activates attack on a decoy network, and further sends alarms to original network thereby safeguarding it from being manipulated. Intruder’s keystrokes are logged and are further sent to a system log. Later the bogus files thus altered can be trashed with no harm done to actual network.
Request A Sample @  https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=13463
The factors favorable to growth of the market are growing incidences of data breaches and profound cyber-attacks across the globe; thereby necessitating a compact security infrastructure that may withstand and if possible counter such network security breaches. In the data-sensitive industries such as banking, insurance and technology, the demand for data security is driving the need for deceptive security tools for prolonged secure connectivity. Furthermore, tough government regulations, growth of cloud- based technology service and omnipresence of digital and online data are expected to drive deception technology market over the forecast period.
Lack of security awareness, growing use of pirated network security tools and supported with dearth of cyber expertise are anticipated to emerge as factors restraining the growth of the sector. Furthermore, inadequate IT budget allocations in the organizations followed by ambiguous strategic implications is expected to testify the deception technology market growth over the forecast period.
Challenges are numerous owing to the technological complexity and consistency required in network security deployment. Today’s modern day economy is profoundly dependent on information and communications technology to conduct their daily business operations. Growing cyber threat intensity is further pushing the demand for deception security solutions capable of defending not only single network layer threats but also numerous applications from data-layered attacks. These advanced deceptive technology solutions are estimated to save trillions of dollars affected by cyber-attacks globally in the years to come and are supporting the need for a secure platform to protect public and private infrastructure security necessities. The spending on deception technology is expected to grow exponentially across various businesses verticals, from the government & BFSI to aerospace & defense.
Deceptive security tools segment imposes technical requirements and the need for updating the existing hardware such as servers & maintaining consistency across the network infrastructure in order to reduce technological complexity. For embedded network systems it is thus necessary to ensure high returns on investment made in the security infrastructure.
The industry is segmented by end-user type and deception stack layer. On the basis of deception stack layer market is segmented as data, application, and endpoint network layer respectively. Further, the end-user segment is divided into IT & Telecom, Energy & Power, BFSI, Retail and other verticals such as Manufacturing, Healthcare and Administrative sector. The BFSI segment is expected to grow at a remarkable pace owing to the enhanced customer data security requirements that the host organizations need to deliver.
The North America region is expected to be the major market for deception technology followed by the European region. The growth is North America is expected to be driven by countries such as the U.S. and Canada which have witnessed major developments in the field of deception technology over the past few years and are hub of large as well as start-ups vendors in the region, catering to domestic & global clients. Furthermore, the Asia Pacific Countries such as China, Japan and India are expected to grow at a significant rate on account of growing investment in network security infrastructure by companies in IT & Telecom and BFSI sectors. Upcoming investments for developing smart cities in the region is expected to substantially generate demand for deception technology and the same is expected to further boost market growth specifically in the region.
Leading players in the deception technology market are Cymmetria, SEC Technologies, Shape Security Inc., Guardicore, Attivo Networks, Inc., Rapid7, Hexis Cyber Solutions, LogRhythm Inc., Percipient Networks, Trapx Security, Allure Security Technology, ForeScout Technologies Inc., Shadow Networks and Illusive Networks.

Comments

Popular posts from this blog

Telecommunication Services Market Size will Escalate Rapidly in the Near Future

The global telecommunication services market is prophesied to lay its hands on a substantial growth due to the need of telecom operators to optimize their business processes. There is a rising pressure on telecom operators to grow in the current market and operate profitably owing to the industry’s increasing competition. New service launches and continuous mergers and acquisitions in the market are expected to further intensify the level of competition in the industry. Thus, competence needs and financial pressure could be among the top growth factors of the market. Anticipated to expand at a CAGR of 6.6% between 2017 and 2025, the global telecommunication services market could obtain a valuation of US$1.4 bn by the concluding forecast year. In 2016, it exhibited its prominence while securing a US$0.8 bn valuation. Get PDF Sample of This Report @  https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=38324 End-use vertical and package type are the ...

RFID Tags Market is Expected to Grow at the Highest CAGR During the Forecast Period

Key players in the  U.S. RFID tags market  are Atmel Corporation, HID USA Corporation, Invengo Information Technology Ltd. Co., and NXP Semiconductors N.V. Competition among them and among other players are expected to heat up further over the course of next few years as they try to expand their market shares both via the inorganic route of mergers and acquisitions and organic route of product development and diversification. A report on the market published by Transparency Market Research finds that it would rise at an 8.5% CAGR over the course of the forecast period starting from 2017 and ending in 2025. At this pace, the market which was valued at US$809.4 mn in 2016, will likely become worth US$1,672.5 mn by 2025-end. Get PDF Sample of This Report @  https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=24536 The two types of RFID tags available in the market are active and passive tags. Between the two, the demand for passive RFI...

Automotive EGR Gas Temperature Sensor Market Anticipated To Surge With An Impressive CAGR Of 2025

In an IC engine, EGR (exhaust gas recirculation) gas temperature sensors are used to measure the temperature of the exhaust system. EGR is a technique that is utilized to reduce the nitrogen oxide emissions in petrol/diesel engines. Exhaust gases are reintroduced into the engine combustion chamber to cool the combustion flame. Some vehicles employ an EGR temperature sensor to determine EGR operation. This information is used by the powertrain control module (PCM) to regulate the EGR operation. EGR gas temperature sensor is located in front of the Diesel Oxidation Catalyst (DOC) and in front of the Diesel Particulate Filter (DPF). It detects the exhaust gas temperature and converts it into a voltage and transmits this signal to the engine ECU in order to control engine conditions to effectively reduce emission. EGR bypass valve function diagnostic as well as thermal protection. Gas temperature sensors are employed in various applications such as petrochemicals, automotive s...