Deception Technology Market - Global Drivers, Restraints, Opportunities, Trends, and Forecasts up to 2023

Deception Technology Market - Global Drivers, Restraints, Opportunities, Trends, and Forecasts up to 2023


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Executive Summary

Globally, the deception technology has started witnessing a healthy growth since the recent past years due to the rising use of surveillance, identity, and access applications and increasing cybersecurity concerns among the enterprises. Enterprises are increasing their spending on security technologies to reduce organizational security breaches, securing the perimeter, data security, content protection and controls, maintaining privacy, IP, and API's among other factors. Henceforth, the adoption of deception technology has been rising in SMEs and large enterprises in the recent years. Furthermore, the rising adoption of digital technologies, such as IoT, analytics, and mobility technologies, is supporting the growth of deception technology across various industrial sectors.

As there is a rising concern among organizations for the security of their virtualized infrastructure and business information, enterprises are investing in security technologies for the protection of their organizational assets. Since there is a low awareness among the organizations of the available solutions, vendors are required to put in an effort to promote the benefits of the solutions. In addition, there is lack of industry standards which is in the development phase.

In the new digital connected world, deception technology market has reported a significant growth and is presenting ample opportunities to the industry's players. Deception technology solutions and services are used by organizations of all sizes-small, medium, and large-across various industry verticals such as manufacturing, telecom and IT, healthcare, retail, banking, financial services, and insurance, and others.

Infoholic Research forecasts the global deception technology market to grow at a CAGR of 12.8% during the forecast period. The market is segmented into solution, services, deployment modes, end-user verticals, and regions.

The report covers the present scenario and the growth prospects of the deception technology during the period 2017-2023. Moreover, to calculate the market size, the report considers the revenue generated from the below-mentioned segments:

o Solution: The segment includes the revenue generated from solution-a standalone platform

o Services: The segment includes the revenue generated from the consulting services, design and integration services, managed services, training and support, and others

The report covers drivers, restraints, and opportunities affecting the market growth during the forecast period.

The report gives insight about the application verticals where deception technology solutions and services are being used.

The report covers the adoption and usage of deception technology in different regions. The regions include North America, Europe, Asia Pacific (APAC), and the Latin America, and the Middle East & Africa (MEA).

It also contains an analysis of the forecast revenues, vendor profiles, companies to watch for, and business strategies, and views.

It contains an analysis of vendor profiles, which include financial health, business units, geographical revenue, business focus, SWOT, business strategy, and views.

In the vendor profile section, for companies that are privately held, financial information and revenue of segments will be limited.

The report covers political, economic, social, and technological (PEST) factors affecting the market growth during the forecast period.



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Table of Contents

1 Industry Outlook 9

1.1 Industry Overview 9

1.2 Industry Trends 10

1.3 PESTLE Analysis 11

2 Report Outline 12

2.1 Report Scope 12

2.2 Report Summary 12

2.3 Research Methodology 14

2.4 Report Assumptions 14

3 Market Snapshot 15

3.1 Total Addressable Market (TAM) 15

3.2 Segmented Addressable Market (SAM) 15

3.3 Related Market 17

3.3.1 Virtualization 17

3.3.2 AI Market 17

3.3.3 Cognitive Analytics 17

3.3.4 mHealth Market 17

4 Market Outlook 18

4.1 Overview 18

4.2 Market Definition-Infoholic Research 18

4.3 Segmentation 19

4.4 Porter 5 (Five) Forces 20

5 Market Characteristics 21

5.1 Market Trends 21

5.2 Market Dynamics 21

5.2.1 Drivers 22

5.2.1.1 Increasing need of remote monitoring solutions 22

5.2.1.2 Need for reducing the operational cost 22

5.2.1.3 Increased focus on core business and improve scalability 22

5.2.1.4 Need to improve time to market 22

5.2.1.5 Requirement of regulatory compliance and security 23

5.2.2 Restraints 23

5.2.2.1 Lack of awareness about security solutions 23

5.2.2.2 Shifting of workloads 23

5.2.2.3 Lack of awareness 23

5.2.3 Opportunities 24

5.2.3.1 Huge investments in cybersecurity 24

5.2.3.2 High adoption of third IT platform 24

5.2.3.3 Demand for developing economies 24

5.3 DRO-Impact Analysis 24

5.4 Key Stakeholders 25

6 Component: Market Size and Analysis 26

6.1 Overview 26

6.2 Solution 26

6.3 Services 27

7 Services: Market Size & Analysis 29

7.1 Consulting services 29

7.2 Design and Integration Services 30

7.3 Managed Services 31

7.4 Training and Support Services 32

7.5 Other Services 33

8 Deception Stack: Market Size & Analysis 35

8.1 Network Security 35

8.2 Application Security 36

8.3 Endpoint Security 37

8.4 Data Security 38

9 Deployment Modes: Market Size & Analysis 40

9.1 On-premise 40

9.2 On-cloud 41

10 End-user Verticals: Market Size and Analysis 43

10.1 Overview 43

10.2 BFSI 44

10.3 Telecom and IT 45

10.4 Healthcare 46

10.5 Retail 48

10.6 Manufacturing 49

10.7 Others 50

11 Regions: Market Size and Analysis 51

11.1 Overview 51

11.2 North America 52

11.2.1 Market Size and Analysis 52

11.2.2 DRO for North America 53

11.3 Europe 56

11.3.1 Market Size and Analysis 56

11.3.2 DRO for Europe 57

11.3.3 UK 57

11.3.4 Germany 58

11.3.5 France 58

11.3.6 Others 59

11.4 Asia Pacific (APAC) 62

11.4.1 DRO for APAC 63

11.4.2 China 63

11.4.3 Japan 64

11.4.4 India 64

11.4.5 ANZ 65

11.4.6 Singapore 66

11.5 LAMEA (Latin America and Middle East & Africa) 69

11.5.1 DRO 69

11.5.2 Brazil 70

11.5.3 Gulf 70

12 Global Generalist 74

12.1 IBM 74

12.1.1 Overview 74

12.1.2 Business Units 75

12.1.3 Geographic Revenue 75

12.1.4 Business Focus 76

12.1.5 SWOT Analysis 77

12.1.6 Business Strategy 78

12.2 Hewlett Packard (HP) Enterprise 79

12.2.1 Overview 79

12.2.2 Business Units 80

12.2.3 Geographical Revenue 81

12.2.4 Business Focus 82

12.2.5 SWOT Analysis 82

12.2.6 Business Strategy 83

12.3 Microsoft Corp. 85

12.3.1 Overview 85

12.3.2 Business Units 85

12.3.3 Geographic Revenue 86

12.3.4 Business Focus 87

12.3.5 SWOT Analysis 87

12.3.6 Business Strategy 88

12.4 Dell Inc. 89

12.4.1 Overview 89

12.4.2 Business Focus 89

12.4.3 SWOT Analysis 90

12.4.4 Business Strategy 91

12.5 Cisco Systems 92

12.5.1 Overview 92

12.5.2 Business Units 94

12.5.3 Geographic Presence 94

12.5.4 Business Focus 95

12.5.5 SWOT Analysis 95

12.5.6 Business Strategy 96

13 Companies to Watch for 98

13.1 Datavail 98

13.2 Elastifile 98

13.3 Mesosphere 99

13.4 Nimboxx 99

13.5 Stratoscale 100

13.6 Rapid7, Inc. 100

13.7 Logrhythm, Inc. 102

13.8 TrapX Security 103

13.9 Attivio Networks Inc. 104

13.10 Illusive Networks 104

13.11 Cymmetria Inc. 106

13.12 GuardiCore Ltd. 106

13.13 Allure Security Technology Inc. 107

13.14 Topspin Security (Acquired by Fidelis Cybersecurity) 108

13.15 VArmour Networks Inc. 108

13.16 Smokescreen Technologies 109

Annexure 110

O Abbreviations 110

Annexure 112

O Abbreviations 112

Charts

CHART 1 PESTLE ANALYSIS OF GLOBAL DECEPTION TECHNOLOGY MARKET 10

CHART 2 RESEARCH METHODOLOGY OF THE DECEPTION TECHNOLOGY MARKET 13

CHART 3 GLOBAL IT SECURITY MARKET REVENUE, 2017-2023 (USD BILLION) 14

CHART 10 SOLUTION MARKET REVENUE, 2017-2023 (USD BILLION) 25

CHART 11 SERVICES MARKET REVENUE, 2017-2023 (USD BILLION) 26

CHART 12 CONSULTING SERVICES MARKET REVENUE, 2017-2023 (USD MILLION) 28

CHART 13 DESIGN AND INTEGRATION SERVICES MARKET REVENUE, 2017-2023 (USD MILLION) 29

CHART 14 MANAGED SERVICES MARKET REVENUE, 2017-2023 (USD MILLION) 30

CHART 15 TRAINING AND SUPPORT SERVICES MARKET REVENUE, 2017-2023 (USD MILLION) 31

CHART 16 MAINTENANCE SERVICES MARKET REVENUE, 2017-2023 (USD MILLION) 32

CHART 17 NETWORK SECURITY MARKET REVENUE, 2017-2023 (USD MILLION) 34

CHART 18 APPLICATION SECURITY MARKET REVENUE, 2017-2023 (USD MILLION) 35

CHART 19 ENDPOINT SECURIT MARKET REVENUE, 2017-2023 (USD MILLION) 36

CHART 20 DATA SECURITY MARKET REVENUE, 2017-2023 (USD MILLION) 37

CHART 21 ON-PREMISE MARKET REVENUE, 2017-2023 (USD MILLION) 39

CHART 22 ON-CLOUD MARKET REVENUE, 2017-2023 (USD MILLION) 40

CHART 23 BFSI DECEPTION TECHNOLOGY MARKET REVENUE, 2017-2023 (USD MILLION) 43

CHART 24 TELECOM AND IT DECEPTION TECHNOLOGY MARKET REVENUE, 2017-2023 (USD MILLION) 44

CHART 25 HEALTHCARE DECEPTION TECHNOLOGY MARKET REVENUE, 2017-2023 (USD MILLION) 45

CHART 26 RETAIL DECEPTION TECHNOLOGY MARKET REVENUE, 2017-2023 (USD MILLION) 47

CHART 27 MANUFACTURING DECEPTION TECHNOLOGY MARKET REVENUE, 2017-2023 (USD MILLION) 48

CHART 28 OTHERS DECEPTION TECHNOLOGY MARKET REVENUE, 2017-2023 (USD MILLION) 49

CHART 29 NORTH AMERICA DECEPTION TECHNOLOGY MARKET REVENUE, 2017-2023 (USD BILLION) 51

CHART 30 EUROPE DECEPTION TECHNOLOGY MARKET REVENUE, 2017-2023 (USD BILLION) 55

CHART 31 APAC DECEPTION TECHNOLOGY MARKET REVENUE, 2017-2023 (USD BILLION) 61

CHART 32 LAMEA DECEPTION TECHNOLOGY MARKET REVENUE, 2017-2023 (USD BILLION) 68

Tables

TABLE 3 DECEPTION TECHNOLOGY MARKET REVENUE BY SERVICES, 2017-2023 (USD MILLION) 29

TABLE 4 DECEPTION TECHNOLOGY MARKET REVENUE BY DECEPTION STACK, 2017-2023 (USD MILLION) 35

TABLE 5 DECEPTION TECHNOLOGY MARKET REVENUE BY DEPLOYMENT MODES, 2017-2023 (USD BILLION) 40

TABLE 6 DECEPTION TECHNOLOGY REVENUE BY END-USER VERTICALS, 2017-2023 (USD MILLION) 43

TABLE 7 DECEPTION TECHNOLOGY MARKET REVENUE BY REGIONS, 2017-2023 (USD BILLION) 51

TABLE 8 NORTH AMERICA: DRO 53

TABLE 9 NORTH AMERICA MARKET REVENUE BY COMPONENT, 2017-2023 (USD MILLION) 53

TABLE 10 NORTH AMERICA MARKET REVENUE BY SERVICES, 2017-2023 (USD MILLION) 53

TABLE 11 NORTH AMERICA MARKET REVENUE BY DEPLOYMENT MODES,2017-2023 (USD MILLION) 54

TABLE 12 NORTH AMERICA MARKET REVENUE BY END-USER VERTICALS, 2017-2023 (USD MILLION) 54

TABLE 13 DRO FOR EUROPE 57

TABLE 14 EUROPE MARKET REVENUE BY COMPONENT, 2017-2023 (USD MILLION) 59

TABLE 15 EUROPE MARKET REVENUE BY SERVICES, 2017-2023 (USD MILLION) 59

TABLE 16 EUROPE MARKET REVENUE BY DEPLOYMENT MODES,2017-2023 (USD BILLION) 60

TABLE 17 EUROPE MARKET REVENUE BY END-USER VERTICALS, 2017-2023 (USD BILLION) 60

TABLE 18 DRO: APAC 63

TABLE 19 ASIA PACIFIC MARKET REVENUE BY COMPONENT, 2017-2023 (USD MILLION) 66

TABLE 20 ASIA PACIFIC MARKET REVENUE BY SERVICES, 2017-2023 (USD MILLION) 66

TABLE 21 ASIA PACIFIC MARKET REVENUE BY DEPLOYMENT MODES,2017-2023 (USD MILLION) 67

TABLE 22 ASIA PACIFIC MARKET REVENUE BY END-USER VERTICALS, 2017-2023 (USD MILLION) 67

TABLE 23 DRO: LAMEA 69

TABLE 24 LAMEA MARKET REVENUE BY COMPONENT, 2017-2023 (USD MILLION) 71

TABLE 25 LAMEA MARKET REVENUE BY SERVICES, 2017-2023 (USD MILLION) 71

TABLE 26 LAMEA MARKET REVENUE BY DEPLOYMENT MODES,2017-2023 (USD MILLION) 72

TABLE 27 LAMEA MARKET REVENUE BY END-USER VERTICALS, 2017-2023 (USD MILLION) 72

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Datavail, Elastifile, Mesosphere, Nimboxx, Rapid7, Inc. Logrhythm, Inc. TrapX Security, Attivio Networks Inc. Illusive Networks, Cymmetria Inc, GuardiCore Ltd, Allure Security Technology Inc, VArmour Networks Inc, Topspin Security, Smokescreen Technologies

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