Anomaly Detection Market Size, Share, Trends 2024

The new report published by The Business Research Company, titled ""Anomaly Detection Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the anomaly detection market size has grown rapidly in recent years. It will grow from $4.94 billion in 2023 to $5.62 billion in 2024 at a compound annual growth rate (CAGR) of 13.9%. The anomaly detection market size is expected to see rapid growth in the next few years. It will grow to $10.07 billion in 2028 at a compound annual growth rate (CAGR) of 15.7%.

Download Free Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=7140&type=smp

Surge In Connected Devices Fueling Anomaly Detection Market Growth
The increasing number of connected devices is expected to propel the growth of the anomaly detection market going forward. Connected devices are physical smart devices that can be connected via the internet with each other to share data and information within an organization. Anomaly detection is commonly used on connected devices for monitoring the devices connected to a network and to protect data traffic in an organization or household. For instance, according to an article published by DataProt, a US-based website dedicated to providing information about cybersecurity products, in 2021, there were more than 10 billion active connected devices in the world which are expected to surpass 25 billion connected devices by 2030. Therefore, the growing number of connected devices is driving the anomaly detection market growth.

Technological Advancements Transforming The Anomaly Detection Market
Technology advancement is a trend gaining popularity in the anomaly detection market. The major companies operating in the anomaly detection market are focused on developing technologically advanced products to strengthen their market position. For instance, in February 2020, Cisco Systems, a US-based technology company, introduced its advanced new machine learning capabilities for IoT control management known as Cisco Cyber Vision. It is based on the Cisco IOx network operating system, which offers both information technology (IT) and operational technology solutions capable of collaborating to provide cyber threat protection within existing IT security tools and industrial operations. It would be used to optimize billing and improve data security by providing anomaly detection and smart billing options in connectivity management platforms for clients using new wireless technologies such as 5G, Wi-Fi 6, and new advanced IoT industrial devices, increasing customer satisfaction.

The anomaly detection market covered in this report is segmented -

1) By Component: Solutions, Services
2) By Technology: Big Data Analytics, Data Mining and Business Intelligence, Machine Learning and Artificial Intelligence
3) By Deployment Type: Cloud, On-Premises, Hybrid
4) By Application: Intrusion Detection, Fraud Detection, Defect Detection, System Health Monitoring
5) By Vertical: Banking, Financial Services, and Insurance (BFSI), Retail, Manufacturing, IT and Telecom, Government, Aerospace and Defence, Medical Care, Other Verticals

Buy Now & Get Exclusive Discount on this Report, Checkout link @
https://www.thebusinessresearchcompany.com/Discount?id=7140&type=discount

Major companies operating in the anomaly detection market report are SAS Institute Inc., Cisco Systems Inc., Dell Technologies Inc., Hewlett Packard Enterprise Company, Symantec Corporation, Trend Micro Incorporated, Splunk Inc., Wipro Limited, Securonix Inc., Gurucul Solutions LLC, Guardian Analytics Inc., Happiest Minds Technologies Pvt Ltd, International Business Machines Corporation, Verint Systems Inc., Anodot Ltd., Microsoft Corporation, Flowmon Networks a. s., LogRhythm Inc, Rapid7 Inc., Trustwave Holdings Inc., Varonis Systems Inc, WSO2 Inc., Datadog Inc., Darktrace Limited, Sumo Logic Inc., ExtraHop Networks Inc., McAfee Corp., Exabeam Inc., Vectra AI Inc., Fortinet Inc., Plixer International Inc., SolarWinds Worldwide LLC, Fair Isaac Corporation, RapidMiner Inc., TIBCO Software Inc., Veriato Inc., LogicMonitor Inc., Cybereason Inc., Uptycs Inc., Awake Security Inc., ThreatConnect Inc., New Relic Inc.

Contents of the report:
1. Executive Summary
2. Anomaly Detection Market Report Structure
3. Anomaly Detection Market Trends And Strategies
4. Anomaly Detection Market - Macro Economic Scenario
5. Anomaly Detection Market Size And Growth
…..
27. Anomaly Detection Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

Explore the report store to make a direct purchase of the report @ https://www.thebusinessresearchcompany.com/report/anomaly-detection-global-market-report

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ "

Learn More About The Business Research Company

The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

This release was published on openPR.