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DECEPTION TECHNOLOGY

Global Market Trajectory & Analytics

MCP11480

VALIDATED EXECUTIVE ENGAGEMENTS

POOL + OUTREACH

469
Number of executives repeatedly engaged by snail & email outreach

INTERACTIONS

94
Interactions with Platform & by Email

PARTICIPANTS

19
Unique # Participated

VALIDATIONS

9
Responses Validated*
* Login to view program details and full enterprise executive list.

DATE

SEP 2020

TABLES

128

PAGES

281

EDITION

7

PRICE

USD $5450


With COVID-19 emerging to be the biggest driver of digital transformation, cybersecurity technologies and services have shot into the spotlight on the back of heightened risks of more sophisticated cyber-attacks. The pandemic is ushering in a new era of cyber security and the global market for Deception Technology, under this scenario, is projected to reach US$4. 6 billion by the year 2027 trailing at a CAGR of 13. 7% over the analysis period. IT landscape today remains irreversibility changed with companies migrating to new operating models; reassessing IT security architectures; resetting security systems to plug-in digital holes; and adopting innovative remote working technologies. Highlighting the acceleration in digital transformation is the fact companies have digitally transformed within weeks to ensure business continuity as lockdowns and restrictions confine billions of people to their homes. Over 60% of companies in North America, Europe and Asia expect to witness a higher velocity of change in digital transformation during the years 2020 through 2023.

In the United States, in the pre-pandemic period only 5% to 7% of the country`s workforce was working from home (WFH) although over 58% held jobs compatible with remote work. However, over 35% to 40% will work from home multiple-days-a-week by the end of 2021. The pandemic is creating a global `Work-At-Home` culture which will very likely last beyond the crisis. Against this backdrop, every company needs a well-thought-out work-at-home and business continuity plan. Digital transformation is now visible in all industrial sectors. Tele health will replace doctor visits by 2025; by 2021 new home constructions will include co-working spaces highlighting the permanence of remote working; supply chain 4.0 will reach 100% adoption by 2025; eCommerce will account for 60% of retail spending by 2020 and block chain & tokenization will be integrated into financial services by 2023. Digital technologies provide productivity, security, efficiency, agility, workforce re-skilling, and customer experience advantages, all of which are vital during times of crisis like the current pandemic. The pandemic is helping test the effectiveness of digital solutions and in the post pandemic world digital innovation will accelerate even further.

As reliance on digital technologies spirals, cybersecurity measures will also witness a parallel increase in focus driving fresh opportunities for deception technology. With organizations across the board opening more number of sites for remote access, there is greater risk of remote connections and remotely-accessed assets coming under threat of cyber attacks. Deception technology is a new and upcoming cybersecurity platform that seeks to prevent damage from cybercriminals who have infiltrated a network. By creating decoys and traps that imitate legitimate corporate assets across the infrastructure, the technology aims at providing early and accurate detection of threats that have bypassed perimeter security controls. Notifications are sent to a centralized deception server, immediately after a trap is triggered, following which the affected decoy and the attack vectors employed by the cybercriminal are recorded. The approach is intended to create a false perception of successful infiltration, enabling the IT department to safely and securely monitor and study the behavior of cyber-criminals. Deception technology relies on diversionary measures that redirect attackers from legitimate organizational assets towards fake assets intended for defense.

The astounding spike in the number of remote and mobile workers over the last couple of months has brought VPN infrastructures are under immense risk. VPN usage has spiked in parallel to the increase in COVID-19 infections. In Italy, USA, Spain, Germany, Iran and France, VPN usage in March 2020 increased by 175.2%, 132.5%, 62.1%, 48.4%, 51.9%, 47.4% respectively. Compromising the VPN infrastructure will give attackers access to internal network and the administrative management infrastructure. Detection via cyber deception offers a cost effective protective overlay providing a `security blanket` level of assurance that allows companies to implement new technologies, expansions, and topology changes without compromising safety. The United States, accounting for over half of global revenues, represents the primary market for deception technology due to high adoption of control and protection technologies against cybercrimes coupled with notable penetration of IoT that creates urgent data security needs.

Acalvio Technologies, Inc; Allure Security Technology, Inc; Attivo Networks, Inc; CounterCraft SL; CYBERTRAP Software GmbH; Cymmetria, Inc; Cysiv; Fidelis Cybersecurity Inc; Fortinet, Inc; Guardicore Ltd; Illusive Networks; Rapid7, Inc; Ridgeback Network Defense Inc; Sandvine; Smokescreen Technologies; Trapx Security; Varmour
» Component (Solutions, Services) » Deception Stack (Network Security, Application Security, Data Security, Endpoint Security) » Deployment (On-Premise, Cloud) » Vertical (BFSI, IT & Telecom, Government, Retail, Energy & Utilities, Other Verticals)
» World » USA » Canada » Japan » China » Europe » France » Germany » Italy » UK » Rest of Europe » Asia-Pacific » Rest of World

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05
1. MARKET OVERVIEW
COVID-19 and a Looming Global Recession: Novel Opportunities Emerge in the wake of Pandemic
EXHIBIT: Embedding Cybersecurity Into Digital Transformation Accelerated by the COVID-19 Pandemic Will Become Paramount: Global Digital Transformation Growth (In %)
An Introduction to Deception Technology
Deception Technology: Current Market Scenario and Outlook
Analysis by Stack Type
Network Security: The Largest Deception Technology Stack Type
Data Security Emerges as Fastest Growing Stack Type
Application Security Continues to Gain Traction in Deception Strategies
Endpoint Security Remains Highly Relevant
Competitive Landscape
Recent Market Activity
Deception Technology Competitor Market Share Scenario Worldwide (in %): 2019E
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
Rapidly Growing Magnitude & Increasing Cost of Cybercrime: Cornerstone for Present and Future Growth of Deception Technology Market
EXHIBIT: Average Annual Cost of Cybercrime (in US$ Million) by Industry for the Years 2017 and 2018
EXHIBIT: Average Cost of Cyberattacks (in US$ Thousand) by Type for 2017 and 2018
Emergence of Cyber-Physical Attacks on Critical Infrastructure Raises Importance of Cybersecurity
Rise of IoT & Widening Attack Surface Accelerate the Shift Towards Deception Technology
EXHIBIT: Global IoT Spending: Percentage Breakdown by Industry Vertical for the Years 2018 and 2022
Deception Technology Emerges as Perfect Security Paradigm for IoT
AI Steps In to Revolutionize Deception Technology Ecosystem
Robust Opportunities for Deception Software in Cloud Security Landscape
EXHIBIT: Attacks on Cloud Hosting Provider by Incident Classes (2019): Percentage Breakdown of Average Frequency of Attacks for Brute Force, Malware/Botnet, Web App Attack & Others
Surge in Remote Workforce & VPN Deployments Instigate Fresh Wave of Opportunities
Established Role of BYOD to Give Impetus to Deception Software Deployments
Key Factors Encouraging BYOD Trend among Enterprises Ranked by Importance Attached by Enterprises
Select Mobile Apps Used in BYOD Environments
Threat from Social Networking Sites Puts Focus on Deception Technology
Amidst Growing Role of Cybersecurity Solutions in Energy Sector, Deception Technology Eyes Novel Opportunities
Evolving Cyber Threats Continue to Create Hostile Environment for Energy Enterprises & Utilities
Deception Technology Seeks Role in Healthcare Networks
EXHIBIT: Leading Healthcare Data Breaches by Affected Entities in the US (2018)
Deception Technology for Retail and Financial Service Providers
Deception Technology Eyes Opportunities in Data Center Security Landscape
Cybersecurity Assumes Criticality Amidst Impending Roll Out of 5G, Giving Impetus to Deception Tools
With Windows 7 Reaching End of Life in 2020, Deception Software to Gain Relevance in Enterprise Systems with Outdated OS
Rising Threat of Disruptionware Attacks Augurs Well
Government Sector to Post Notable Growth: Increased Funding Addressing Cybersecurity Breaches Support Deception Tools Market
EXHIBIT : Budget Allocations for Cybersecurity by the US Government for the Years FY2017 to FY2020
4. GLOBAL MARKET PERSPECTIVE
Deception Technology Global Market Estimates and Forecasts in US$ Thousand by Region/Country: 2020-2027
Deception Technology Market Share Shift across Key Geographies Worldwide: 2020 VS 2027
Solutions (Component) World Market by Region/Country in US$ Thousand: 2020 to 2027
Solutions (Component) Market Share Breakdown of Worldwide Sales by Region/Country: 2020 VS 2027
Services (Component) Potential Growth Markets Worldwide in US$ Thousand: 2020 to 2027
Services (Component) Market Sales Breakdown by Region/Country in Percentage: 2020 VS 2027
Network Security (Deception Stack) Geographic Market Spread Worldwide in US$ Thousand: 2020 to 2027
Network Security (Deception Stack) Market Share Distribution in Percentage by Region/Country: 2020 VS 2027
Application Security (Deception Stack) World Market Estimates and Forecasts by Region/Country in US$ Thousand: 2020 to 2027
Application Security (Deception Stack) Market Share Breakdown by Region/Country: 2020 VS 2027
Data Security (Deception Stack) World Market by Region/Country in US$ Thousand: 2020 to 2027
Data Security (Deception Stack) Market Share Distribution in Percentage by Region/Country: 2020 VS 2027
Endpoint Security (Deception Stack) World Market Estimates and Forecasts in US$ Thousand by Region/Country: 2020 to 2027
Endpoint Security (Deception Stack) Market Percentage Share Distribution by Region/Country: 2020 VS 2027
On-Premise (Deployment) Market Opportunity Analysis Worldwide in US$ Thousand by Region/Country: 2020 to 2027
On-Premise (Deployment) Market Share Distribution in Percentage by Region/Country: 2020 VS 2027
Cloud (Deployment) World Market by Region/Country in US$ Thousand: 2020 to 2027
Cloud (Deployment) Market Share Breakdown of Worldwide Sales by Region/Country: 2020 VS 2027
BFSI (Vertical) Global Market Estimates & Forecasts in US$ Thousand by Region/Country: 2020-2027
BFSI (Vertical) Market Share Breakdown by Region/Country: 2020 VS 2027
IT & Telecom (Vertical) Demand Potential Worldwide in US$ Thousand by Region/Country: 2020-2027
IT & Telecom (Vertical) Share Breakdown Review by Region/Country: 2020 VS 2027
Government (Vertical) Worldwide Latent Demand Forecasts in US$ Thousand by Region/Country: 2020-2027
Government (Vertical) Distribution of Global Sales by Region/Country: 2020 VS 2027
Retail (Vertical) Sales Estimates and Forecasts in US$ Thousand by Region/Country for the Years 2020 through 2027
Retail (Vertical) Global Market Share Distribution by Region/Country for 2020 and 2027
Energy & Utilities (Vertical) Global Opportunity Assessment in US$ Thousand by Region/Country: 2020-2027
Energy & Utilities (Vertical) Percentage Share Breakdown of Global Sales by Region/Country: 2020 VS 2027
Other Verticals (Vertical) Worldwide Sales in US$ Thousand by Region/Country: 2020-2027
Other Verticals (Vertical) Market Share Shift across Key Geographies: 2020 VS 2027
GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
United States Deception Technology Market Estimates and Projections in US$ Thousand by Component: 2020 to 2027
United States Deception Technology Market Share Breakdown by Component: 2020 VS 2027
United States Deception Technology Market Estimates and Projections in US$ Thousand by Deception Stack: 2020 to 2027
United States Deception Technology Market Share Breakdown by Deception Stack: 2020 VS 2027
Deception Technology Market in US$ Thousand in the United States by Deployment: 2020-2027
United States Deception Technology Market Share Breakdown by Deployment: 2020 VS 2027
United States Deception Technology Latent Demand Forecasts in US$ Thousand by Vertical: 2020 to 2027
Deception Technology Market Share Breakdown in the United States by Vertical: 2020 VS 2027
CANADA
Canadian Deception Technology Market Estimates and Forecasts in US$ Thousand by Component: 2020 to 2027
Deception Technology Market in Canada: Percentage Share Breakdown of Sales by Component for 2020 and 2027
Canadian Deception Technology Market Estimates and Forecasts in US$ Thousand by Deception Stack: 2020 to 2027
Deception Technology Market in Canada: Percentage Share Breakdown of Sales by Deception Stack for 2020 and 2027
Deception Technology Market Analysis in Canada in US$ Thousand by Deployment: 2020-2027
Canadian Deception Technology Market Share Breakdown by Deployment: 2020 VS 2027
Canadian Deception Technology Market Quantitative Demand Analysis in US$ Thousand by Vertical: 2020 to 2027
Canadian Deception Technology Market Share Analysis by Vertical: 2020 VS 2027
JAPAN
Japanese Market for Deception Technology: Annual Sales Estimates and Projections in US$ Thousand by Component for the Period 2020-2027
Japanese Deception Technology Market Share Analysis by Component: 2020 VS 2027
Japanese Market for Deception Technology: Annual Sales Estimates and Projections in US$ Thousand by Deception Stack for the Period 2020-2027
Japanese Deception Technology Market Share Analysis by Deception Stack: 2020 VS 2027
Japanese Medium & Long-Term Outlook for Deception Technology Market in US$ Thousand by Deployment: 2020-2027
Japanese Deception Technology Market Percentage Share Distribution by Deployment: 2020 VS 2027
Japanese Demand Estimates and Forecasts for Deception Technology in US$ Thousand by Vertical: 2020 to 2027
Deception Technology Market Share Shift in Japan by Vertical: 2020 VS 2027
CHINA
Chinese Deception Technology Market Growth Prospects in US$ Thousand by Component for the Period 2020-2027
Chinese Deception Technology Market by Component: Percentage Breakdown of Sales for 2020 and 2027
Chinese Deception Technology Market Growth Prospects in US$ Thousand by Deception Stack for the Period 2020-2027
Chinese Deception Technology Market by Deception Stack: Percentage Breakdown of Sales for 2020 and 2027
Deception Technology Market Estimates and Forecasts in China in US$ Thousand by Deployment: 2020-2027
Deception Technology Market in China: Percentage Share Analysis by Deployment for 2020 and 2027
Chinese Demand for Deception Technology in US$ Thousand by Vertical: 2020 to 2027
Chinese Deception Technology Market Share Breakdown by Vertical: 2020 VS 2027
EUROPE
European Deception Technology Market Demand Scenario in US$ Thousand by Region/Country: 2018-2025
European Deception Technology Market Share Shift by Region/Country: 2020 VS 2027
European Deception Technology Market Estimates and Forecasts in US$ Thousand by Component: 2020-2027
European Deception Technology Market Share Breakdown by Component: 2020 VS 2027
European Deception Technology Market Estimates and Forecasts in US$ Thousand by Deception Stack: 2020-2027
European Deception Technology Market Share Breakdown by Deception Stack: 2020 VS 2027
European Deception Technology Market Assessment in US$ Thousand by Deployment: 2020-2027
Deception Technology Market in Europe: Percentage Breakdown of Sales by Deployment for 2020 and 2027
European Deception Technology Addressable Market Opportunity in US$ Thousand by Vertical: 2020-2027
European Deception Technology Market Share Analysis by Vertical: 2020 VS 2027
FRANCE
Deception Technology Market in France by Component: Estimates and Projections in US$ Thousand for the Period 2020-2027
French Deception Technology Market Share Analysis by Component: 2020 VS 2027
Deception Technology Market in France by Deception Stack: Estimates and Projections in US$ Thousand for the Period 2020-2027
French Deception Technology Market Share Analysis by Deception Stack: 2020 VS 2027
French Deception Technology Market Estimates and Projections in US$ Thousand by Deployment: 2020-2027
French Deception Technology Market Share Breakdown by Deployment: 2020 VS 2027
Deception Technology Quantitative Demand Analysis in France in US$ Thousand by Vertical: 2020-2027
French Deception Technology Market Share Analysis: A 7-Year Perspective by Vertical for 2020 and 2027
GERMANY
Deception Technology Market in Germany: Recent Past, Current and Future Analysis in US$ Thousand by Component for the Period 2020-2027
German Deception Technology Market Share Breakdown by Component: 2020 VS 2027
Deception Technology Market in Germany: Recent Past, Current and Future Analysis in US$ Thousand by Deception Stack for the Period 2020-2027
German Deception Technology Market Share Breakdown by Deception Stack: 2020 VS 2027
German Deception Technology Latent Demand Forecasts in US$ Thousand by Deployment: 2020-2027
German Deception Technology Market Share Breakdown by Deployment: 2020 VS 2027
Deception Technology Market in Germany: Annual Sales Estimates and Forecasts in US$ Thousand by Vertical for the Period 2020-2027
Deception Technology Market Share Distribution in Germany by Vertical: 2020 VS 2027
ITALY
Italian Deception Technology Market Growth Prospects in US$ Thousand by Component for the Period 2020-2027
Italian Deception Technology Market by Component: Percentage Breakdown of Sales for 2020 and 2027
Italian Deception Technology Market Growth Prospects in US$ Thousand by Deception Stack for the Period 2020-2027
Italian Deception Technology Market by Deception Stack: Percentage Breakdown of Sales for 2020 and 2027
Deception Technology Market Estimates and Forecasts in Italy in US$ Thousand by Deployment: 2020-2027
Deception Technology Market in Italy: Percentage Share Analysis by Deployment for 2020 and 2027
Italian Demand for Deception Technology in US$ Thousand by Vertical: 2020 to 2027
Italian Deception Technology Market Share Breakdown by Vertical: 2020 VS 2027
UNITED KINGDOM
United Kingdom Market for Deception Technology: Annual Sales Estimates and Projections in US$ Thousand by Component for the Period 2020-2027
United Kingdom Deception Technology Market Share Analysis by Component: 2020 VS 2027
United Kingdom Market for Deception Technology: Annual Sales Estimates and Projections in US$ Thousand by Deception Stack for the Period 2020-2027
United Kingdom Deception Technology Market Share Analysis by Deception Stack: 2020 VS 2027
United Kingdom Medium & Long-Term Outlook for Deception Technology Market in US$ Thousand by Deployment: 2020-2027
United Kingdom Deception Technology Market Percentage Share Distribution by Deployment: 2020 VS 2027
United Kingdom Demand Estimates and Forecasts for Deception Technology in US$ Thousand by Vertical: 2020 to 2027
Deception Technology Market Share Shift in the United Kingdom by Vertical: 2020 VS 2027
REST OF EUROPE
Rest of Europe Deception Technology Market Estimates and Forecasts in US$ Thousand by Component: 2020-2027
Rest of Europe Deception Technology Market Share Breakdown by Component: 2020 VS 2027
Rest of Europe Deception Technology Market Estimates and Forecasts in US$ Thousand by Deception Stack: 2020-2027
Rest of Europe Deception Technology Market Share Breakdown by Deception Stack: 2020 VS 2027
Rest of Europe Deception Technology Market Assessment in US$ Thousand by Deployment: 2020-2027
Deception Technology Market in Rest of Europe: Percentage Breakdown of Sales by Deployment for 2020 and 2027
Rest of Europe Deception Technology Addressable Market Opportunity in US$ Thousand by Vertical: 2020-2027
Rest of Europe Deception Technology Market Share Analysis by Vertical: 2020 VS 2027
ASIA-PACIFIC
Deception Technology Market in Asia-Pacific by Component: Estimates and Projections in US$ Thousand for the Period 2020-2027
Asia-Pacific Deception Technology Market Share Analysis by Component: 2020 VS 2027
Deception Technology Market in Asia-Pacific by Deception Stack: Estimates and Projections in US$ Thousand for the Period 2020-2027
Asia-Pacific Deception Technology Market Share Analysis by Deception Stack: 2020 VS 2027
Asia-Pacific Deception Technology Market Estimates and Projections in US$ Thousand by Deployment: 2020-2027
Asia-Pacific Deception Technology Historic Market Analysis in US$ Thousand by Deployment: 2020 VS 2027
Deception Technology Quantitative Demand Analysis in Asia-Pacific in US$ Thousand by Vertical: 2020-2027
Asia-Pacific Deception Technology Market Share Analysis: A 7-Year Perspective by Vertical for 2020 and 2027
REST OF WORLD
Rest of World Deception Technology Market Estimates and Forecasts in US$ Thousand by Component: 2020 to 2027
Deception Technology Market in Rest of World: Percentage Share Breakdown of Sales by Component for 2020 and 2027
Rest of World Deception Technology Market Estimates and Forecasts in US$ Thousand by Deception Stack: 2020 to 2027
Deception Technology Market in Rest of World: Percentage Share Breakdown of Sales by Deception Stack for 2020 and 2027
Deception Technology Market Analysis in Rest of World in US$ Thousand by Deployment: 2020-2027
Rest of World Deception Technology Market Share Breakdown by Deployment: 2020 VS 2027
Rest of World Deception Technology Market Quantitative Demand Analysis in US$ Thousand by Vertical: 2020 to 2027
Rest of World Deception Technology Market Share Analysis by Vertical: 2020 VS 2027
Total Companies Profiled : 34

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