Global Deception Technology Market, By Deception Stack, By End User, By Region Opportunities and Forecast, 2011-2021

TechSci Research Report - Seite 2

North America region witnessed the approximately 77% of the global data breach incidents in 2015, according to the latest data by Breach Level Index. Further, the region had witnessed the loss of more than 460 million records in 1,287 data breach incidences; an increase of close to 18% and over 10% respectively from 2014. Due to the increasing cybercrime and data loss, the organizations and government is adopting advanced security technology such as Deception technology to safeguard with hackers and unauthorized data access.

Further, on the back of increasing IT spending on security solution, huge presence of banks and financial sector, increasing online transactions, government focus on IT security, growing digital currency bitcoin transaction, etc. North America region accounts for the largest revenue share in the overall market.

Majority of deception technology start-ups are based in North America, especially the United States, and cater to domestic and global clients.

However, it is projected that the Asia Pacific Deception Technology Market would grow at the fastest CAGR during the forecast period on account of rising investment in IT security by BFSI and IT & Telecom sectors. Also, focus on smart cities projects and on data security by various governments in the region is anticipated to boost the Deception Technology market in the region.

Deception Technology Market: Segmentation 

The Global Deception Technology Market can be segmented on the basis of Deception Stack Layer, End User and Region.

Based on the Deception Stack Layer, the Global Deception Technology Market is be divided into the following segments:

• Endpoint
• Application
• Data
• Network

Based on the End User, the Global Deception Technology Market can be divided into the following segments:

• BFSI
• IT & Telecom
• Energy & Power
• Retail
• Others (Healthcare, Manufacturing, Government, etc.)

Based on the Region, the Global Deception Technology Market can be divided into the following segments:

• North America (US, Canada and Others)
• South America (Brazil, Argentina and Others)
• Europe (Germany, France, U.K., Italy and Others)
• Asia-Pacific (China, India, Japan and Others)
• Middle East and Africa (UAE, Saudi Arabia, South Africa and Others)

Deception Technology Market: Key Players