Global Deception Technology Market to Show a 10% CAGR in 2016-2021, Expects TechSci Research in Its Report Available at MarketPublishers.com07 Jun 2016 • by Natalie Aster
LONDON – The number of Data breach incidents has been growing at a very fast pace over the recent years, and the same trend has been observed in the cyber attacks filed. In the meantime, advancements have been taking place in BFSI, government, retails and other sectors. These advancements have played an important role in the growth of the demand for deception technologies from pole to pole.
An upsurge of security spending amongst organizations and emergence of many deception technology startups are other important factors encouraging the market growth.
Some key market trends and developments comprise: an increase in R&D activities in the retail sector, deception technology adoption in the managed security services space, security strengthening in the enterprise mobility sector, and more.
As a result, the deception technology market is expected to post a 10 percent CAGR over the period 2016-2021.
As of 2015, North America occupied a position of the world’s largest play as the number of cyber attacks in this region is on the rise.
Rapid7, TrapX Security and LogRhythm are some of the most powerful player in the market space.
Topical research report “Global Deception Technology Market By Deception Stack, By End User, By Region Opportunities and Forecast, 2011-2021” drawn up by TechSci Research is a valuable source of information of the world’s market for deception technologies. The study contains an all-round overview of this market’s landscape. It gives an estimation of the marketplace’s sizing (on the basis of value) and forecasts it growth in the offing.
The report covers end-user sectors in detail and concentrates on key countries. The research study limelights the major regional markets such as APAC, North America, Europe, etc. It delves deep into trends and developments of this lucrative marketplace.
The research report discusses a funding scenario of deception technology companies and looks at the competitive matrix, besides profiling top companies. Details on market opportunities along with future outlook up to 2021 can be found in the study, too.
More cutting-edge reports prepared by TechSci Research are available at its page.