Deception Technology Service Market 2023-2030 Shows Unbelievable Growth | Top Companies –Morphisec Technologies, PacketViper, Penten

Published September 5, 2023

The recently published in-depth research report by Infinity Business Insights is titled “Deception Technology Service Market Insights, Extending to 2030. Market Research Services is the methodical course of gathering, analyzing and deciphering data about a market, including its size, development potential, patterns, and client inclinations. It fills in as the establishment whereupon organizations fabricate their techniques, settle on informed choices, and eventually flourish in their respective industries.

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Major players in the market include Cymmetria, Attivo Networks, CounterCraft​​ , CYBERTRAP, Cynet Security, TrapX Security, Fidelis Cybersecurity, LMNTRIX, Minerva Labs, Morphisec Technologies, PacketViper, Penten, Aves Netsec, Acalvio Technologies, Smokescreen, Illusive Network

The Global Deception Technology Service Market was valued at $1.8 billion in 2022, and is projected to reach $5.8 billion by 2030, growing at a CAGR of 12.2% from 2023 to 2030. Deception technology services are cybersecurity solutions designed to proactively identify and mitigate threats by deceiving attackers within an organization’s network or infrastructure. These services use various tactics to create a deceptive environment that lures malicious actors into revealing their presence and intentions, allowing security teams to respond effectively.Deception technology typically involves the deployment of decoys, fake assets, or honeypots that mimic legitimate resources within a network. When an attacker interacts with these deceptive elements, alarms are triggered, and security teams are alerted to investigate and respond promptly.

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Global Deception Technology Service Market: Segmental Analysis

Deception Technology Service Market by Type:

Managed Services
Professional Services

Deception Technology Service Market by Application:

Large Enterprises

Countries Covered:

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, and Luxembourg)

Eastern Europe (Poland and Russia)

Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)

Middle East and Africa (GCC, Southern Africa, and North Africa)

History Year: 2017-2021

Base Year: 2022

Estimated Year: 2023

Forecast Year: 2023 to 2030

Key components and aspects of Deception Technology Service :

Early Threat Detection: By creating a virtual minefield of deceptive elements, organizations can detect threats in their early stages, often before attackers can access critical systems or data.

Reduced False Positives: Deception technology minimizes false alarms because any interaction with the deceptive elements is likely malicious.

Threat Intelligence: These services gather valuable insights about attackers’ tactics, techniques, and motivations, helping organizations improve their overall security posture.

Incident Response Improvement: Deception technology assists security teams in understanding attack vectors and enhancing incident response capabilities.

Enhanced Defense in Depth: It complements traditional security measures, adding an additional layer of protection.

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Extracts from Table of Content:

Chapter 1: Global Deception Technology Service Market Overview

Chapter 2: Economic Impact on Industry

Chapter 3: Market Competition by Manufacturers

Chapter 4: Production, Revenue (Value) by Region

Chapter 5: Supply (Production), Consumption, Export, Import by Regions

Chapter 6: Production, Revenue (Value), Price Trend by Type

Chapter 7: Market Analysis by Application

Chapter 8: Manufacturing Cost Analysis

Chapter 9: Industrial Chain, Sourcing Strategy and Downstream Buyers

Chapter 10: Marketing Strategy Analysis, Distributors/Traders

Chapter 11: Market Effect Factors Analysis

Chapter 12: Research Conclusions of Global Deception Technology Service Market

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