Anomaly Detection Market With COVID-19 Impact Analysis During 2020

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Dec 25, 2020 (AmericaNewsHour) — The Global Anomaly Detection Market was valued at USD 1.89 billion in 2016 and is projected to reach USD 7.56 billion by 2025, growing at a CAGR of 16.65% from 2017 to 2025.

Anomaly detection is the identification of data points, items, observations or events that do not conform to the expected pattern of a given group. Anomaly detection is used in behavioral analysis and other forms of analysis in order to aid in learning about the detection, identification and prediction of the occurrence of these anomalies. The benefits of anomaly detection includes the ability to aEUR” monitor any data source, rapidly identify zero-day attacks as well as unknown security threats, find unusual behavior across data sources, and discovers anomalies in event

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Market Dynamics:
1. Market Drivers
1.1 Need for anomaly detection in streaming data from assets and optimization of business processes
1.2 Growing adoption of black box trading by market traders
1.3 Increasing data rate
1.4 Rise in cyber espionage and fraudulent activities
1.5 Increasing threats among enterprises
2. Market Restraints
2.1 Asymmetric faults detection
2.2 Lack of technical expertise
2.3 Presence of open source alternatives

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The report on Anomaly Detection Market was recently published by Kenneth Research, which includes the latest market trends, current and future opportunities along with the factors that are driving the growth of the market. This report further encompasses the records for the expansion of the market along with information on the investment opportunities that help the clients to take positive decisions on the parameters for gaining profitable revenues. The report on Anomaly Detection Market includes market size, market volume and growth rate that is witnessed by the market during the forecast period of 2020-2025.

Market Segmentation:
The Global Anomaly Detection Market is segmented on the technology, component, network behavior anomaly detection, user behavior anomaly detection, organization size, deployment model, vertical, and region.
1.1 Data mining and business intelligence
1.2 Machine learning and artificial intelligence
1.3 Big data analytics
2.1 Solution
2.1.1 Network behavior anomaly detection
2.1.2 User behavior anomaly detection
2.2 Service
2.2.1 Managed services
2.2.2 Professional services
3.1 On-Premises
3.2 Cloud
3.3 Hybrid
4.1 Government and Defense
4.2 IT and Telecommunications
4.3 Banking, Financial Services, and Insurance (BFSI)
4.4 Retail
4.5 Healthcare
4.6 Manufacturing
4.7 Others

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1.1 North America (U.S., Canada, Mexico)
1.2 Europe (Germany, UK, France, Rest of Europe)
1.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
1.4 Latin America (Brazil, Argentina, Rest of Latin America)
1.5 Middle East & Africa

Competitive Landscape:
The major players in the market are as follows:
1. IBM Corporation
2. SAS Institute Inc.
3. Dell Technologies, Inc.
4. Trustwave Holdings, Inc.
5. Cisco Systems, Inc.
6. LogRhythm, Inc.
7. Hewlett Packard Enterprise Company
8. Splunk, Inc.
9. Guardian Analytics
10. Symantec Corporation
11. Anodot, Ltd.
12. GreyCortex s.r.o.
13. Niara, Inc.
14. Securonix, Inc.
15. Wipro Limited

These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

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Research study on the Global Anomaly Detection Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.

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Kenneth Research provides market research reports to different individuals, industries, associations and organizations with an aim of helping them to take prominent decisions. Our research library comprises of more than 10,000 research reports provided by more than 15 market research publishers across different industries. Our collection of market research solutions covers both macro level as well as micro level categories with relevant and suitable market research titles. As a global market research reselling firm, Kenneth Research provides significant analysis on various markets with pure business intelligence and consulting services on different industries across the globe. In addition to that, our internal research team always keep a track on the international and domestic market for any economic changes impacting the products’ demand, growth and opportunities for new and existing players.

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The post Anomaly Detection Market With COVID-19 Impact Analysis During 2020 appeared first on America News Hour.


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The MarketWatch News Department was not involved in the creation of this content.