DUBLIN, August 25, 2023 (GLOBE NEWSWIRE) — The “Deception Technology: Global Strategic Business Report” added to report researchandmarkets.com gift.
The global market for Deception Technology is estimated at US$ 2.6 billion in the year 2022, with a revised size estimated to reach US$ 7 billion by 2030, growing at a CAGR of 13.4% during the analysis period 2022-2030.
Solutions, one of the segments analyzed in the report, is estimated to record 12.1% CAGR and reach US$ 4 billion by the end of the analysis period.
Taking into account the ongoing recovery after the pandemic, growth in the services sector has been adjusted at a revised 15.3% CAGR for the next 8-year period.
The US market is estimated at $1.4 billion, while China is expected to grow at a CAGR of 15.2%
The deception technology market in the US is estimated at US$ 1.4 billion in the year 2022. China, the world’s second largest economy, is estimated to reach an estimated market size of US$ 426.3 million by the year 2030, growing at a CAGR of 15.2%. Analysis period 2022 to 2030.
Other notable geographic markets are Japan and Canada, each projected to grow by 12% and 13.1%, respectively, over the 2022–2030 period. Within Europe, Germany is projected to grow at a CAGR of around 13%.
Select contestants (34 featured in total) –
- Acalvio Technologies, Inc.
- Charm Security Technology, Inc.
- Ativo Networks, Inc.
- Countercraft SL
- Cybertrap Software GmbH
- Symmetria, Inc.
- Sisive
- Fidelis Cybersecurity Inc
- Fortinet, Inc.
- Guardicor Limited
- elusive network
- Rapid7, Inc.
- Ridgeback Network Defense Inc
- sandwine
- Smokescreen Technologies
- trapux security
- varmore
Main characteristics:
| report attribute | Description |
| number of pages | 281 |
| forecast period | 2022 – 2030 |
| Estimated market value in 2022 (USD). | $2.6 billion |
| Estimated Market Value (USD) by 2030. | $7 billion |
| compound annual growth rate | 13.2% |
| covered area | global |
Main topics covered:
I. modus operandi
Second. executive Summary
1. Market Overview
- influencer market insights
- COVID-19 and the looming global recession: New opportunities emerge in the wake of the pandemic
- Incorporating cyber security will become paramount in digital transformation accelerated by the COVID-19 pandemic: Global digital transformation growth (in %)
- Introduction to Deception Techniques
- Deception Techniques: Current Market Scenario and Outlook
- analysis by stack type
- Network Security: The Biggest Deception Technology Stack Type
- Data security has emerged as the fastest growing stack type
- Application security has growing influence in deception strategies
- Endpoint security remains highly relevant
- Deception Technology – Percentage Market Share of Global Key Competitors in 2022 (E)
- Recent Market Activity
- Competitive Market Presence – Strong/Active/Niche/Minor for Worldwide Players in 2022 (E)
2. Focus on select players
3. Market Trends and Drivers
- Rapidly Growing Magnitude and Rising Cost of Cybercrime: Cornerstone for Current and Future Growth of Fraud Technology Market
- Average annual cost of cybercrime by industry for the years 2017 and 2018 (in US$ million)
- Average cost of cyber attacks by type for 2017 and 2018 (in thousands of US dollars)
- The emergence of cyber-physical attacks on critical infrastructure increases the importance of cyber security
- Rise of IoT and expansion of attack surface accelerate shift towards deception technology
- Global IoT Spending: Percentage Breakdown by Industry Vertical for the Years 2018 and 2022
- Deception techniques emerge as best security paradigm for IoT
- AI steps up to revolutionize the fraud technology ecosystem
- Tremendous opportunities for rogue software in the cloud security landscape
- Attacks on Cloud Hosting Providers by Incident Classes (2019): Percentage breakdown of average frequency of attacks for brute force, malware/botnet, web app attacks, and others
- The rise in remote workforce and VPN deployments has given rise to a new wave of opportunities
- BYOD’s established role in encouraging fraudulent software deployment
- Key factors driving the BYOD trend among enterprises, ranked by importance assigned by enterprises
- Select mobile apps used in BYOD environments
- Threats from social networking sites focus on hoax techniques
- Amid growing role of cyber security solutions in the energy sector, Deception Technology eyes new opportunities
- Growing cyber threats continue to create a hostile environment for energy enterprises and utilities
- Deception techniques find role in healthcare networks
- Leading Healthcare Data Breach in the US by Affected Entities (2018)
- Fraud Technology for Retail and Financial Service Providers
- Fraud technology tracks opportunities in the data center security landscape
- Cyber security is gaining importance amid the impending roll out of 5G, giving rise to fraud devices
- With Windows 7 reaching end-of-life in 2020, Deception Software will gain relevance in enterprise systems with older OSes
- Rising threat of disruptionware attacks is a good sign
- Government Sector to Register Significant Growth: Increase in Funding Addressing Cyber Security Breaches, Supporting Fraud Tool Market
4. Global Market Perspective
Third. market analysis
IV. Competition
For more information about this report go here https://www.researchhandmarkets.com/r/adrjum
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