Get In Touch

Network security is a progressive field with new technical expertise surfacing every day to address technology security concerns in a profound and more sophisticated way. One of these technologies presently revolutionizing the security field is the deception technology, which disables malware attacks by deceiving them in their own operation; thereby defending the enterprise against it.

A deception network is one that actually work as a decoy and is deployed to be compromised in a cyber-attack. Deception technology tracks the activities of the intruder inside a network and lays the foundation for network administrators and analysts for incident response analysis. The deception technology activates attack on a decoy network, and further sends alarms to original network thereby safeguarding it from being manipulated. Intruder’s keystrokes are logged and are further sent to a system log. Later the bogus files thus altered can be trashed with no harm done to actual network.

The factors favorable to growth of the market are growing incidences of data breaches and profound cyber-attacks across the globe; thereby necessitating a compact security infrastructure that may withstand and if possible counter such network security breaches. In the data-sensitive industries such as banking, insurance and technology, the demand for data security is driving the need for deceptive security tools for prolonged secure connectivity. Furthermore, tough government regulations, growth of cloud- based technology service and omnipresence of digital and online data are expected to drive deception technology market over the forecast period.

Lack of security awareness, growing use of pirated network security tools and supported with dearth of cyber expertise are anticipated to emerge as factors restraining the growth of the sector. Furthermore, inadequate IT budget allocations in the organizations followed by ambiguous strategic implications is expected to testify the deception technology market growth over the forecast period.

Challenges are numerous owing to the technological complexity and consistency required in network security deployment. Today’s modern day economy is profoundly dependent on information and communications technology to conduct their daily business operations. Growing cyber threat intensity is further pushing the demand for deception security solutions capable of defending not only single network layer threats but also numerous applications from data-layered attacks. These advanced deceptive technology solutions are estimated to save trillions of dollars affected by cyber-attacks globally in the years to come and are supporting the need for a secure platform to protect public and private infrastructure security necessities. The spending on deception technology is expected to grow exponentially across various businesses verticals, from the government & BFSI to aerospace & defense.

Deceptive security tools segment imposes technical requirements and the need for updating the existing hardware such as servers & maintaining consistency across the network infrastructure in order to reduce technological complexity. For embedded network systems it is thus necessary to ensure high returns on investment made in the security infrastructure.

The industry is segmented by end-user type and deception stack layer. On the basis of deception stack layer market is segmented as data, application, and endpoint network layer respectively. Further, the end-user segment is divided into IT & Telecom, Energy & Power, BFSI, Retail and other verticals such as Manufacturing, Healthcare and Administrative sector. The BFSI segment is expected to grow at a remarkable pace owing to the enhanced customer data security requirements that the host organizations need to deliver.

The North America region is expected to be the major market for deception technology followed by the European region. The growth is North America is expected to be driven by countries such as the U.S. and Canada which have witnessed major developments in the field of deception technology over the past few years and are hub of large as well as start-ups vendors in the region, catering to domestic & global clients. Furthermore, the Asia Pacific Countries such as China, Japan and India are expected to grow at a significant rate on account of growing investment in network security infrastructure by companies in IT & Telecom and BFSI sectors. Upcoming investments for developing smart cities in the region is expected to substantially generate demand for deception technology and the same is expected to further boost market growth specifically in the region.

Leading players in the deception technology market are Cymmetria, SEC Technologies, Shape Security Inc., Guardicore, Attivo Networks, Inc., Rapid7, Hexis Cyber Solutions, LogRhythm Inc., Percipient Networks, Trapx Security, Allure Security Technology, ForeScout Technologies Inc., Shadow Networks and Illusive Networks.

The report offers a comprehensive evaluation of the market. It does so via in-depth insights, understanding market evolution by tracking historical developments, and analyzing the present scenario and future projections based on optimistic and likely scenarios. Each research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology developments, types, applications, and the competitive landscape. 

The study is a source of reliable data on:

  • Key market segments and sub-segments
  • Evolving market trends and dynamics
  • Changing supply and demand scenarios
  • Quantifying market opportunities through market sizing and market forecasting
  • Tracking current trends/opportunities/challenges
  • Competitive insights
  • Opportunity mapping in terms of technological breakthroughs 

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, Luxembourg)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, North Africa) 


TMR estimates the market size of various sectors using a combination of available data on the number and revenue of companies within each sub-sector and tiers of companies. The basic components used to determine market size and forecast for a specific product area are not only limited to supply-side data, but are also related to demand, industry trends, and the economic outlook. All the above data points are utilized to generate a statistical model targeting the sector marketplace. More than 300 TMR analysts across the world integrate these elements into a framework to determine the subsector market size for a base year and then forecast growth within each market. 

TMR regularly interviews technology and business professionals as an ongoing effort to track the latest developments within each sector. These continuous surveys are stratified by company size and industry segment and weighted to reflect the global market place.  All data are collected on an ongoing effort through a structured questionnaire rolled over the web or conducted via telephones. This provides the TMR team opportunities to request for detailed question sets, complex skip patterns, and real-time calculations, which assists respondents in answering questions involving numbers and percentages. Respondents, who are interviewed as experts, are screened and qualified based on certain criteria in addition to their decision-making authority and the scope of activity within their organizations.

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.

REQUEST CUSTOMIZATION

Deception Technology Market