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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