Anomaly Detection Market Analysis Outlook, Share Value, Growth Drivers and Industry Forecast to 2027
Anomaly Detection Market Scenario:
The data analysts at Market Research Future Reports
(MRFR) have conducted a thorough analysis of the global anomaly detection market is estimated to value USD 15 billion, expanding at a CAGR of 15% during
the review period.
As per the study, the surging usage of connected
devices in a network is estimated to drive the global anomaly detection market
2020. The increasing demand to protect the data on the connected devices is
likely to augment the global detection market. Besides, the emergence of
high-performance data analysis and the growing popularity of BYOD, IIoT, and
IoT is projected to actuate the market size. Also, the increasing internal
threats among the organizations and the growing adoption of black-box trading
by market traders are projected to be crucial factors leading to market growth.
Also, the expanding IT sector is another factor leading to market growth.
However, threats from open-source alternatives, insufficiently skilled
workforce, and the related expenses are likely to impede the market growth.
Also, the security threats associated are another factor restraining market
growth.
The Anomaly Detection Market is enduring an
exacting period with its robust growth coming to an abrupt halt in light of the
COVID-19 pandemic. MRFR report on the Anomaly Detection Market highlights the
future prediction and the growth alternatives that can be created.
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Competitive Outlook:
The established players of the
global market of anomaly detection are SAS Institute, Inc. (U.S.), Hewlett
Packard Enterprise Company (U.S.), Cisco Systems, Inc. (U.S.), Dell
Technologies, Inc. (U.S.), Splunk, Inc. (U.S.), Symantec Corporation
(U.S.), International Business Machines
Corporation (U.S.), Trend Micro, Inc. (Japan), Wipro Limited (India), Gurucul
(U.S.), Securonix, Inc. (U.S.), Happiest Minds (India), Guardian Analytics
(U.S.), and a few others.
Segmentation:
· The worldwide anomaly
detection market can be distinguished on the grounds of the solution, service
type, application, deployment, industry vertical, and region.
· On the grounds of the
solution, the worldwide anomaly detection market can be distinguished into
anomaly detection, user behaviour anomaly detection, and network behaviour.
· On the grounds of service
type, the worldwide anomaly detection market can be distinguished into
professional service and managed service.
· On the grounds of application,
the worldwide anomaly detection market can be distinguished into fraud
detection, intrusion detection, system health monitoring, fault detection and
others.
· On the grounds of deployment,
the worldwide anomaly detection market can be distinguished into the cloud and
on the premise.
· On the grounds of industry
vertical, the worldwide anomaly detection market can be distinguished into
retail, manufacturing, banking and financial services, IT and telecom,
aerospace and defence, government,
healthcare, and others
· On the grounds of the region,
the worldwide anomaly detection market can be distinguished into Europe, North
America, Asia-Pacific, and the Rest of the World (RoW).
Regional
Analysis:
The market is
projected to expand at a promising rate during the review period. Regions such
as Europe, North America, Asia-Pacific, and the Rest of the World (RoW) have
been evaluated. Among all the evaluated regions, North America is estimated to
reign the market. The most significant factor leading to regional growth is the
increasing popularity of BYOD. BYOD is being adopted at a higher rate in the
large organizations which provokes the market.
Besides, the
region also consists of the established organizations which provide services,
solutions, and software for anomaly detection. Europe attains the second
position. The region is technically developed along with the massive
investments being made by the renowned players. On the other side, the APAC
region is projected to be the swiftest expanding region owing to the
development in the information and technology sector.
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Table
of Contents:
1
Executive Summary
2
Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3
Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4
Market Landscape
Continued….
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