Global Anomaly Detection Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027

MarketResearch.biz delivers in-depth insights on the global anomaly detection market in its upcoming report titled, “Global Anomaly Detection Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027”. The global anomaly detection market is estimated to register a CAGR of XX.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the global anomaly detection market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the global anomaly detection market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global anomaly detection market report has been segmented on the basis of solution, service, technology, deployment, application, and region.

Anomaly detection is a data mining process used to determine types of anomalies found in a data set and to determine details about their occurrences. Anomaly detection is also known as outlier detection. This process is used in domains for intrusion detection, fraud detection, system health monitoring, fault detection, and event detection systems in sensor networks. Anomaly detection helps users to alert about suspicious activity by third party, and also block further login attempts.

Increasing number of connected devices, and increasing fraudulent activities and cyber-attacks are key factors driving growth of the global anomaly detection market. In addition, development of high performance data analysis (HPDA), increasing internal threats among enterprises, and rising adoption of anomaly detection solutions in software testing are other major factors expected to fuel growth of the global anomaly detection market over the forecast period.

Also growing trend of Internet of Things (IoT), Bring Your Own Device (BYOD), and Industrial Internet of Everything (IIoE) giving rise to more security threats and cyber-attacks is expected to drive demand for adoption of anomaly detection solution.

However, high cost and strong competition from open-source alternatives in the market are key factors restraining growth of the global anomaly detection market. Additionally, lack of professional workforce to operate tools and solutions, and occurrence of asymmetric faults in open-source model are other factors expected to hinder growth of the global anomaly detection market over the forecast period.

Currently, the market in North America dominates the global anomaly detection market in revenue terms, owing to rising adoption of smart connected devices and increasing intrusions, and security breaches in various business enterprises in countries in the region. The market in Asia Pacific is projected to have fastest growth in terms of CAGR, owing to development in IT infrastructure and increasing adoption of new technologies in emerging economies in the region.

Global Anomaly Detection Market Segmentation:

Global anomaly detection market segmentation by solution:

• Network behavior anomaly detection
• User behavior anomaly detection

Global anomaly detection market segmentation by service:

• Professional services
• Managed services

Global anomaly detection market segmentation by technology:

• Big data analytics
• Data mining and business intelligence
• Machine learning and artificial intelligence

Global anomaly detection market segmentation by deployment:

• Cloud
• On-premises
• Hybrid

Global anomaly detection market segmentation by application:

• Banking, Financial Services, and Insurance (BFSI)
• Retail
• Manufacturing
• IT and telecom
• Defence
• Healthcare
• Others

Global anomaly detection market segmentation by region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa