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Alarming Rise in Cyber-attacks to Trigger Deployment of Deception Technology

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Published on : Jul 19, 2017

Albany, New York, July 19, 2017: The research publication is titled, “ Global Deception Technology Market 2017-2021.” The market intellect study is a thorough examination of the global market with positioning to the connotations at work and the ones that are sought to have a major impression, both beneficial and damaging on the evolvement of the market. The impression of the problems can be both for the widespread and petite term depending on the nature of the said market and the reasons in action. The instantaneous outlook of the foremost market players have also been considered in the report with allusion to their goods, advertising and persuasive policies, and the level of competition among them. 

The deception technology was first introduced as a high end security feature for tracking and avoiding targeted assaults. Deceptions are mainly achieved by using purposeful misdirection, feints, deceitful responses, obfuscations, and other different falsehoods. In context, deception is a type of technique or method that is employed for disruptive or defensive purposes, and is also not offensive in nature. 

The global market for deception technology is expected to witness a 9.80% CAGR from 2017 to 2021. The major trend that is expected to have an impressive impact on the market is the rising acceptance of bring your own device or BYOD policy in many organizations. This implementation enables employees to put to use their own devices such as desktops, tablets, smartphones, and laptops for professional purposes and allows them to work from any location at any point of time. It further enhance the productivity of the employee. 

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The model of deployment of the deception technology are basically cloud-based and on-premise models. The on-premise ones require high initial investments by the deploying institution, whereas the cost-effective one is the cloud-based one. However, the cloud-based one records occurrences of loss of important and confidential data. Thus, this kind of situation is expected to lead to the adoption of hybrid models that will safeguard on-premise data protection elimination the need for skilled labors, thus resulting in decreased cost of operations. The growing dependence on partnership networks is also expected to bode well for the growth of the market. However, intricate IT infrastructure is likely to proof as a challenge for the market. 

Region-wise, the global deception technology market has been segmented into Europe, the Middle East and Africa (EMEA), Asia Pacific, and the Americas. The Americas are expected to have a strong hold over the market in the next couple of years owing to the rising adoption of this technology due to growing number of cyber-attacks. The crème companies operating in the market are Attivo Networks, GuardiCore, TrapX Security, Acalvio Technologies, ForeScout, Hexis Cyber Solutions, Rapid7, and Smokescreen Technologies, among many others. 

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