Deception Technology Market 2017 Revenue Analysis and Industry Estimated to Reach USD $2.3 Billion and Growing at 14% CAGR by 2022
In this rapidly changing environment, demand for a compact security infrastructure which would resist and counter such network security breaches is ever increasing. The increasing adoption of internet of things (IoT) and big data are increasing cyber security threats which is responsible to drive the Deception Technology market.
Observing the current trend and advancements in technologies the study indicates a sudden hike in Deception Technology market. The Deception Technology market is driven by many factors such as rise in instances of cyber-attacks such as malwares, zero day attacks, Distributed Denial of Service (DDoS), and Advanced Persistent Threats (APTs). The trend of Bring Your Own Device (BYOD) & Internet of Things (IoT) are responsible for the growth of deception technology market. The growing use of pirated network security tools and lack of awareness is the major restraining factor for the deception technology market. The major challenge of deception is that maintaining things such as decoys, breadcrumbs and honeypots can be difficult in environments that are always changing, this would be one of the restraining factor for deception technology market.