DUBLIN, August 25, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Deception Technology Market 2016-2020" report to their offering.
The global deception technology market to generate revenue over USD 1 billion.
Global Deception Technology Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One of the key trends for market growth will be increasing reliance on partnership networks. Owing to the increase in competition in the global deception technology market, vendors are expanding their businesses beyond traditional boundaries and into overseas markets. However, some vendors, especially those in developing regions, have little knowledge of managed security services. Therefore, most vendors rely on their partners to deploy such solutions. For instance, vendors such as Cisco rely on the partnership network approach to expand their businesses.
According to the report, stringent government regulations will be a key driver for market growth. The market is observing an increase in the use of security devices, software, and services as various industries need to comply with stringent government regulations. The government sector requires compliance with standards that are set to avoid penalization. The use of deception technology solutions such as firewalls, anti-virus software, intrusion detection system/intrusion prevention system, encryption, and login passwords has become mandatory in organizations to ensure the security of critical information.
Further, the report states that lack of efficient security solutions will be a challenge for the market. In 2015, the frequency and intensity of cyber threats and attacks were on the rise. Malware and spyware attacks are evolving into more complex attacks, and they have become difficult to detect and control. For instance, when eBay was hacked in 2014, the hackers accessed personal data of 145 million users and obtained credentials of three corporate employees.
In most cases, the threats were only detected after the attacks. With advances in technology, a number of sophisticated attacks have developed. Vendors are finding it difficult to develop security solutions that can counter such sophisticated cyber-attacks. Identifying and preventing security threats from infecting networks is a major challenge for the market.
- Attivo Networks
- TrapX Security
Other prominent vendors
- Allure Security Technology
- Hexis Cyber Solutions
- Illusive Networks
- Percipient Networks
- Shape Security
- TopSpin Security
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market description
Part 06: Product life cycle analysis
Part 07: Market landscape
Part 08: Five forces analysis
Part 09: Geographical segmentation
Part 10: Market attractiveness
Part 11: Buying criteria
Part 12: Market opportunities
Part 13: Market drivers
Part 14: Impact of drivers
Part 15: Market challenges
Part 16: Impact of drivers and challenges
Part 17: Market trends
Part 18: Vendor landscape
Part 19: Appendix
Part 20: Appendix
Part 21: About the Author
For more information about this report visit http://www.researchandmarkets.com/research/q73xk8/global_deception
Related Topics: IT Security
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SOURCE Research and Markets