Deception Technology Market Trends, Outlook and Overview and Forecast

Technavio Announces the Publication of its Research Report Global Deception Technology Market 2016-2020

Technavio recognizes the following companies as the key players in the global deception technology market: GraudiCore, Attivo Networks, Cymmetria, and TrapX Security.

Other Prominent Vendors in the market are: Allure Security Technology, CyberTrap, ForeScout, Hexis Cyber Solutions, LogRhythm, Illusive Networks, Percipient Networks, Rapid7, Shape Security, Specter, and TopSpin Security.

Browse full report with TOC@ https://marketreportscenter.com/reports/356363/global-deception-technology-market-2016-2020

Commenting on the report, an analyst from Technavios team said: 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...