The global deception technology market size was valued at USD 1,563 million in 2023 and is poised to grow at a significant CAGR of 16.6% during the forecast period 2024-30. It also includes market size and projection estimations for each of the five major regions from 2023 to 2029. The research report includes historical data, trending features, and market growth estimates for the future. Furthermore, the study includes a global and regional estimation and further split by nations and categories within each region. The research also includes factors and barriers to the deception technology market growth, as well as their impact on the market's future growth. The report gives a comprehensive overview of both primary and secondary data.
The global deception technology market segmentation:
1. By Component: Solution (a standalone platform), and Services).
2. By Service: Managed Services, Training and education, Consulting services, Support & maintenance, and Design & Integration.
3. By Deception Stack: Network Security, Application Security, and Endpoint Security, and Data Security.
4. By Deployment Mode: Cloud, and On-premises.
5. By Application: Banking, Financial Services, and Insurance (BFSI), Healthcare, Government, Energy & Utilities, Manufacturing, Telecom and IT, Retail, and Others (education and defense).
The primary factors of the deception technology market drivers are the growing number of zero-day and targeted apt's. The deception technology market report helps to provide the best results for business enhancement and business growth. It further helps to obtain the reactions of consumers to a novel product or service. It becomes possible for business players to take action for changing perceptions. It uncovers and identifies potential issues of the customers. It becomes easy to obtain the reactions of the customers to a novel product or service. It also enlightens further advancement, so it suits its intended market.
The deception technology market research report gives a comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Asia Pacific was the largest region in the deception technology market report, accounting for the highest share in 2022. It was followed by North America, and then the other regions.
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The important profiles and strategies adopted by deception technology market key players are Allure Security Technology, Inc. (New York, U.S.) Attivo Networks, Inc. (California, U.S.) Guardicore (Tel Aviv, Israel) Rapid7, Inc. (Massachusetts, U.S. Illusive Networks, Inc. (New York, U.S.) Trapx Security (Massachusetts, U.S.) Cyber Trap Software GmbH (Vienna, Austria) LogRhythm, Inc. (Boulder, U.S.) Packet Viper (Pennsylvania, U.S.) Fidelis Cybersecurity (Maryland, U.S.), covered here to help them in strengthening their place in the market.
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