Anomaly Detection Market 2020: Global Industry Share, Size, Covid-19 Analysis, Key Players, Trends, Competitive And Regional Forecast To 2023

Global Anomaly Detection Market Research Report– by Service (Professional, Managed), Solution (Network Behavior, User Behavior), Deployment (On-Cloud, On-Premise), Vertical (BFSI, Retail, IT & Telecom, Healthcare), and by Application - Forecast till 2023

Overview
Anomaly detection can be defined as a process to identify anomalies in an operation that does not follow the expected pattern or dataset. Market Research Future (MRFR) has published a research report about the global anomaly detection market that envisions expansion for this market at 15% CAGR (Compound Annual Growth Rate) between 2017 and 2023. By value, the market has been figured to be worth the US $ 5 bn by the end of forecast period.
The necessary factor driving the global anomaly detection market growth is the growing number of connected devices in a network. Some other factors supporting the market growth include increasing use of anomaly detection in software testing to monitor the functionality of the software, and the emergence of high-performance data analysis, Bring Your Own Device (BYOD), Internet of Things (IoT) & Industrial IoT (IIoT) because these things raise the threat of cyber-attacks. The rising threat of cyber attacks can boost the market. However, some factors that can restraint the market growth include high costs, lack of skilled workforce, the occurrence of asymmetric faults in the open-source model, security breaches associated with anomaly detection, and the threat from open-source alternatives.

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Key Players
The key players in the global anomaly detection market include Acerta (Canada), Allure Security Technology (USA), Anodot (Israel), Aqua-Q (Sweden), Arundo Analytics (USA), Cisco Systems Inc. (USA), Cloudmark (USA), Coscale (Belgium), Cryptomage (Poland), Cycuro (Israel), Dell Technologies Inc. (USA), Guardian Analytics (USA), Gurucul (USA), Happiest Minds (India), Hewlett Packard Enterprise Company (USA), International Business Machines Corporation (USA), NewSky Security (USA), Nexosis (USA), OtoSense (France), PatternEx (USA), Prelert (USA), RazorSecure (UK), SAS Institute, Inc. (USA), Scaled Inference (USA), Securonix Inc. (USA), Sensewaves (France), Sentryo (France), Symantec Corporation (USA), Splunk Inc. (USA), ThetaRay (Israel), Trend Micro Inc. (Japan), and Wipro Limited (India).

Regional Analysis
During the forecast period, the Asia Pacific region is expected to emerge as the fastest growing regional market due to the increasing development in the IT sector. In this region, the most important country-specific markets are China, India, and Japan, followed by the remaining countries of the Asia Pacific region.
The RoW segment covers countries of Latin America and the Middle East & Africa (MEA). In Latin America, Argentina and Brazil are two strong economies that can be suitable markets in the future. The MEA market is small due to poor countries, lack of awareness, lack of education, and lack of technological advancement.

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Segments
The global Anomaly Detection Market has been segmented on the basis of application, deployment, industry vertical, service type, solution, and lastly, region. The application-based segmentation segments this market into fault detection, fraud detection, intrusion detection, system health monitoring, and others. Based on deployment, the market has been segmented into cloud deployment and on-premise deployment.
On the basis of industry vertical, the market has been segmented into aerospace & defense, banking and financial services (BFSI), government, healthcare, information technology (IT) & telecom, manufacturing, retail, and others. By service type, the market has been segmented into consulting service, installation & maintenance, and support & maintenance. As per the solution-based segmentation, the market has been segmented into network behavior anomaly detection and user behavior anomaly detection.
The regional segmentation of the global anomaly detection market segments the market into the regional markets known as Europe, North America, Asia Pacific, and the rest of the world (RoW). North America is the essential regional market due to growing trends of BYOD, investment in research and development (R&D) activities, the presence of many of major market players in this region, robust economy, and strong IoT in this region. In this region, the important country-specific markets are USA, Canada, and Mexico.
Europe is the second largest regional market. The main reason for market growth in Europe is the technological advancement that is second only to North America. Other reasons for market growth in this region include the growth of many new small businesses and their partnership with large vendors. The chief country-specific markets in this region are France, Germany, and the UK.

Latest Industry News
Telecom analytics solution provider Subex has launched a new brand, CrunchMetrics, offering advanced anomaly detection systems. 10 JAN 2019
Indegy has announced the integration of IBM’s QRadar Security Intelligence Platform with its own Indegy Industrial Cybersecurity Suite. This integration aims to bridge the visibility gap between enterprise information technology (IT) environments and industrial, operational technology (OT) environments. 4 FEB 2019

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LIST OF TABLES
Table1 World Population By Major Regions (2017 To 2030)
Table2 Global Anomaly Detection Market: By Region, 2017-2023
Table3 North America Anomaly Detection Market: By Country, 2017-2023
Table4 Europe Anomaly Detection Market: By Country, 2017-2023
Table5 Asia Pacific Anomaly Detection Market: By Country, 2017-2023
Continued…….

LIST OF FIGURES
FIGURE 1 Global Anomaly Detection Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Porter’s Five Forces Analysis Of Global Anomaly Detection Market
FIGURE 4 Value Chain Of Global Anomaly Detection Market
FIGURE 5 Share Of Global Anomaly Detection Market In 2017, By Country (In %)
Continued…….

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This release was published on openPR.