Abstract: Global Deception Technology Market to Reach $4. 7 Billion by 2027. Amid the COVID-19 crisis, the global market for Deception Technology estimated at US$1.
New York, July 22, 2021 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Deception Technology Industry” – https://www.reportlinker.com/p05798336/?utm_source=GNW
9 Billion in the year 2020, is projected to reach a revised size of US$4.7 Billion by 2027, growing at aCAGR of 13.7% over the period 2020-2027. Solutions, one of the segments analyzed in the report, is projected to record 12.4% CAGR and reach US$2.7 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Services segment is readjusted to a revised 15.7% CAGR for the next 7-year period.
The U.S. Market is Estimated at $1 Billion, While China is Forecast to Grow at 15.5% CAGR
The Deception Technology market in the U.S. is estimated at US$1 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$269.2 Million by the year 2027 trailing a CAGR of 15.5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 12.2% and 13.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 13.3% CAGR.
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