#Deception #Technology #Market #Reach #Billion
Portland, OR , Oct. 03, 2022 (GLOBE NEWSWIRE) — According to the report published by Allied Market Research, the global deception technology market generated $1.8 billion in 2021, and is projected to reach $5.8 billion by 2031, growing at a CAGR of 12.2% from 2022 to 2031. The report offers a detailed analysis of the top winning strategies, evolving market trends, market size and estimations, value chain, key investment pockets, drivers & opportunities, competitive landscape and regional landscape. The report is a useful source of information for new entrants, shareholders, frontrunners and shareholders in introducing necessary strategies for the future and taking essential steps to significantly strengthen and heighten their position in the market.
Download Free Sample Report (326 Pages PDF with Insights, Charts, Tables, Figures):
https://www.alliedmarketresearch.com/request-sample/31807
Report coverage & details:
| Report Coverage | Details |
| Forecast Period | 2022–2031 |
| Base Year | 2021 |
| Market Size in 2021 | $1.8 billion |
| Market Size in 2031 | $5.8 billion |
| CAGR | 12.2% |
| No. of Pages in Report | 326 |
| Segments Covered | Offering, deception stack, enterprise size, industry vertical, and region. |
| Drivers | Surge in APTs (Advanced persistent threat) and zero-day attacks |
| Rise in the adoption of BYOD | |
| Opportunities | Rise in need for effective solutions for early detection of attackers |
| Increase in the adoption of innovative technologies such as the IoT | |
| Restrains | Substantial use of legacy honeypots |
| Complexity regarding device security |
COVID-19 Scenario:
- The outbreak of the COVID-19 has had a positive impact on the growth of the global deception technology market, owing to the occurrence of lockdowns in various countries across the globe.
- Lockdowns resulted in the closure of various shops, businesses and manufacturing industries due to then prevalence of stringent social distancing restrictions imposed by the governments of various countries around the world.
- Thus, more and more people were required to…
Read on GNW: Deception Technology Market to Reach $5.8 Billion by 2031:
