Anomaly Detection Market 2019 to 2023 Booming Trends, Share, Growth Challenges, Key Players, Industry Segments & Competitors Analysis

Anomaly Detection Market 2019 to 2023 Booming Trends, Share, Growth Challenges, Key Players, Industry Segments & Competitors Analysis

“Anomaly Detection Market”
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

According to Market Research Future Analysis, the global Anomaly detection market is anticipated to grow at a CAGR of 15% over the forecast period, 2019-2023. According to Market Research Future, the global anomaly detection market is segmented into solution, service, deployment, application, vertical, and region.

Anomaly detection can be termed as a process to detect anomalies such as an unusual shift in the process or event in an operation that does not follow the expected pattern or dataset, with help of software. On the basis of service type, the market is segmented into professional service and managed service. The professional service is further segmented into installation and maintenance, support & maintenance and consulting service. In the service segment, the market is largely dominated by professional services. Most of the key players and small businesses focus on providing professional services such as installation, maintenance, and consulting.

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Key Players

The prominent players in the market of Anomaly Detection are- International Business Machines Corporation (US), SAS Institute, Inc. (US), Cisco Systems, Inc. (US), Dell Technologies, Inc. (US), Hewlett Packard Enterprise Company (US), Symantec Corporation (US), Trend Micro, Inc. (Japan), Splunk, Inc. (US), Wipro Limited (India), Securonix, Inc. (US), Gurucul (US), Happiest Minds (India), and Guardian Analytics (US).

Other vendors include Sensewaves (France), NewSky Security (U.S.), Cryptomage (Poland), Acerta (Canada), Nexosis (U.S.), RazorSecure (UK), Sentryo (France), Cycuro (Israel), Anodot (Israel), Scaled Inference (U.S.), ThetaRay (Israel), Allure Security Technology (U.S.), OtoSense (France), Prelert (U.S.), Arundo Analytics (U.S.), Coscale (Belgium), Aqua-Q (Sweden), PatternEx (U.S.), Cloudmark (U.S.) among others.

Segmentation

On the basis of the solution, the Anomaly Detection Market is segmented into network behavior anomaly detection and user behavior anomaly detection. Under the solution segment, the network behavior anomaly detection is expected to show the highest growth and dominate the market during the forecast period. The user behavior anomaly detection is more complex as it requires synthetic and end-user monitoring applications. Moreover, many attacks are first made on a network level, thereby substantially increasing the need for anomaly detection software and solutions.

On the basis of the deployment, the market is segmented into the cloud and on-premise. Among these, the cloud deployment is widely adopted by large enterprises to detect an anomaly. Although Anomaly Detection Software is deployed on cloud, many large enterprises also use on-premise deployment or private cloud to avoid any further chances of intrusion and security breach. Many enterprises in regions like the Asia Pacific and the Middle East are moving their businesses to the cloud thereby encouraging the companies for increased usage of anomaly detection.

On the basis of application, the market is segmented into Intrusion detection, fraud detection, system health monitoring, others. On the basis of vertical, the market is segmented into banking and financial services, retail, manufacturing, IT & telecom, Government, Aerospace & defense, healthcare, and others.

Regional analysis

The global anomaly detection market is estimated to grow at a promising rate during the forecast period. The geographical analysis of anomaly detection market is spanned across North America, Europe (including Russia), Asia Pacific (including Australia and New Zealand) and rest of the world (including the Middle East, Africa, and South America). Among all the regions, the market is highly dominated by North America due to growing trends like BYOD, which encourages the employees to bring their device to work in the office. This trend is highly adopted in large enterprises resulting in improved performance and productivity. However, BYOD has also led to an increase in anomaly due to connected devices and internet of everything, resulting in a higher case of a network breach. Moreover, North America has the higher concentration of companies providing solutions, services, and software for anomaly detection. These vendors include large enterprises like IBM, Cisco as well as many start-ups. Higher adoption of anomaly detections in government and security agencies is also leading the development of anomaly detection market in North America. The United States is a major contributor from the North American region.

Europe, on the other hand, is closely following North America in Anomaly detection market. Europe and North America are the technologically advanced regions, and a major factor affecting the growth of this market in Europe is the investments by various key player in this region. This has led many new small businesses to grow and partner with large vendors to provide services. Asia Pacific is expected to be the fastest growing region due to increasing development in Information and Technology sector.

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Intended Audience

  • Network security and solution providers
  • Data security providers
  • Cloud service providers
  • System integrators
  • Application developers
  • Software developers
  • Research and consultancy firms
  • Government Agencies

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…….

LIST OF TABLES

Table1 World Population By Major Regions (2019 To 2030)

Table2 Global Anomaly Detection Market: By Region, 2019-2023

Table3 North America Anomaly Detection Market: By Country, 2019-2023

Table4 Europe Anomaly Detection Market: By Country, 2019-2023

Table5 Asia Pacific Anomaly Detection Market: By Country, 2019-2023

Continued……

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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 2019, By Country (In %)

Continued……

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