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Anomaly Detection Market by Solution, Technology, Deployment, Service, Vertical - Global forecast to 2022

Anomaly Detection Market: Global forecast until 2022

  • August 2017
  • 187 pages
  • ID: 5048441
In this report:
The IT and telecom vertical is expected to grow from USD ##.## million in 2017 to USD ##.## million by 2022, at the highest CAGR of ##.##%.
The big data and analytics segment is expected to grow from USD ##.## million in 2017 to USD ##.## million by 2022, at a CAGR of ##.##%.
The IT and telecom vertical is expected to grow at the highest CAGR of ##.##% from USD ##.## million in 2017 to USD ##.## million by 2022.


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The anomaly detection market is anticipated to rise at a Compound Annual Increase rate of 16.40 percent during the forecast period due to the increase in internal threat among companies and rise in cyber espionage and fraudulent activities.

The overall anomaly detection market size is forecasted to grow from ~$2.1B in 2017 to ~$4.4B by 2022, at a compound annual growth rate of 16.40 percent. The High Performance Data Analytics allows data scientists to detect abnormal behaviors in real-time data and helps monitor device performance, together with preventing data from unauthorized access. As the number of connected devices are growing, the risk of safeguarding the data on these devices is also rising, which is driving the anomaly detection market at a significant pace. Software testing has been a main component of the Software Development Lifecycle and software developers are using anomaly detection techniques to monitor the functionality of the software. Developers use anomaly detection tools to dynamically extract invariants from program executions and continuously check program behavior against these invariants, and to report all the detected anomalies.

The network behavior anomaly detection segment is anticipated to grow at the highest compound annual growth rate (CAGR) during the outlook period

A network behavior anomaly is a sudden and short-lived deviation from the normal operation of the network. Some anomalies on the network are deliberately caused by intruders with malicious intents, including a Distributed Denial of Service attack in an Internet Protocol network, while others may be purely accidental, including intrusion in a busy network traffic. Most methods of Network Anomaly Detection are based on network traffic models, as fast detection is required to initiate a timely response.

The Identity and Access Management solution segment is intended to have the biggest sector size in the anomaly detection market during the estimate period

IAM solution is one of the main components of the user behavior anomaly detectionsolutions. It is designed to support a user-based approach for enterprise security and regulatory compliance. It delivers role-based access to the appropriate user at the right time and also monitors their use to find anomalies and security gaps, through which, institutions can proactively fix vulnerabilities and help prevent malicious activities in the outlook.

North America (NA) is forecasted to have the biggest industry size, and Asia Pacific (APAC) is expected to grow at the maximal rate during the outlook period

North America continent is forecasted to hold the biggest market share in the anomaly detection market during the estimate period. The data-driven enterprises in this area are adopting IoT-based systems over their legacy systems, where anomaly detection solutions help identify abnormal signals, transmitted from connected devices. Moreover, North America (NA) is technologically developed and witnessing a number of enterprises that are adopting cloud for data storage, and encouraging the Bring Your Own Device policy. These developments are boosting the adoption of anomaly detection solutions in the North American area.

The APAC area is forecast to witness a significant increase and expected to be the quickest-increasing area in the anomaly detection market. Asia-Pacific has witnessed an advanced and dynamic adoption of new technologies and always been a lucrative market. Countries of this area have a main threat issue related to the management of network systems and cyber threats. Due to the adoption of anomaly detection solutions and their associated services, these marketplaces are forecasted to witness a significant adoption of anomaly detection services during the outlook period.

In the process of finding out and checking the market size of different segments and sub-segments collected by secondary research, extensive primary audit sessions were managed with main people. The break-up of the profiles of the primary participants is like:

• By Organization: Tier 1 - 30 %, Tier 2 - 40.0 percent, and Tier 3 - 30.0 percent

• By Description: C-suite - 72.0 percent, D-level - 14.0 percent, and Others - 14.0 percent

• By Area: North America continent - 57.0 percent, Europe (EU) - 14.0 percent, and Asia-Pac - 29.0 percent

The anomaly detection market includes different main vendors, including International Business Machines (NYSE:IBM), Cisco Systems (NASDAQ:CSCO), Wipro Limited, Dell Technologies, Incorporated, Hewlett Packard Enterprise Company, SAS Institute, Incorporated, Symantec (NASDAQ:SYMC), Happiest Minds, Splunk, Incorporated, Trustwave Holdings, Incorporated, Gurucul, Varonis Systems, Flowmon Networks, GreyCortex s.r.o., and Guardian Analytics.

Segment Research

The analysis includes a detailed competitive analysis of the top players in the anomaly detection market, together with their company descriptions, recent evolutions, and key industries strategies. The document breaks down the anomaly detection market by component (solution and service), technology, deployment, vertical, and area.

Why acquiring this study can help you

The anomaly detection market has been split on the basis of component (solution and service), technology, deployment, vertical, and area.

The industry report will facilitate the market top players/new sector entrants in the anomaly detection market in these ways:

1. The global anomaly detection market revenue stream has been estimated based on the the revenues generated by sellers, offering anomaly detection and operational intelligence through Software as a Service, inclusive of deployment and integration, support and maintenance, and consulting services, provided by professional service providers, including Managed Service Providers. The study offers the best approximations of the revenue data for the global market and the sub-segments. The industry numbers are further split into localities.

2. The analysis benefits the partners comprehend the pulse of the sector and offers them with info on the main market drivers, market restraints, opportunities, and alternatives.

3. The market research will facilitate the partners to comprehend the players and obtain additional insights to better their market position. The competitive outlook section includes the competitor ecosystem, new industry product developments, alliances, and mergers and acquisitions.

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