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Detailed examination of the anomaly detection current market trends and forecast to 2022

IT Market Research

The report includes an in-depth competitive analysis of the key players in the anomaly detection market, along with their company profiles, recent developments, and key market strategies. The report segments the anomaly detection market by component (solution and service), technology, deployment, vertical, and region.

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The global anomaly detection market size is expected to grow from USD 2.08 billion in 2017 to USD 4.45 billion by 2022, at a CAGR of 16.4%.The High Performance Data Analytics (HPDA) enables data scientists to detect abnormal behaviors (anomalies) in real-time data and helps monitor device performance, along with preventing data from unauthorized access. As the number of connected devices are increasing, the risk of safeguarding the data on these devices is also increasing, which is driving the anomaly detection market at a significant pace.

Software testing has been a major component of the Software Development Lifecycle (SDL) and software developers are using anomaly detection techniques to monitor the functionality of the software. Developers use anomaly detection tools to dynamically extract invariants from program executions and continuously check program behavior against these invariants, and to report all the detected anomalies.

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A network behavior anomaly is a sudden and short-lived deviation from the normal operation of the network. Some anomalies on the network are deliberately caused by intruders with malicious intents, such as a Distributed Denial of Service (DDoS) attack in an Internet Protocol (IP) network, while others may be purely accidental, such as intrusion in a busy network traffic.

Most methods of Network Anomaly Detection (NAD) are based on network traffic models, as quick detection is required to initiate a timely response.

IAM solution is one of the key components of the user behavior anomaly detection solutions. It is designed to support a user-based approach for enterprise security and regulatory compliance.

It delivers role-based access to the appropriate user at the right time and also monitors their use to find anomalies and security gaps, through which, organizations can proactively fix vulnerabilities and help prevent malicious activities in the future.

North America is expected to have the largest market size, and Asia Pacific (APAC) is projected to grow at the highest rate during the forecast period

North America is expected to hold the largest market share in the anomaly detection market during the forecast period. The data-driven enterprises in this region are adopting IoT-based systems over their legacy systems, where anomaly detection solutions help identify abnormal signals, transmitted from connected devices.

Furthermore, North America is technologically developed and witnessing a number of enterprises that are adopting cloud for data storage, and encouraging the Bring Your Own Device (BYOD) policy. These developments are boosting the adoption of anomaly detection solutions in the North American region.

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Key Points From Table Of Content:

5 Market Overview

5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers Growth of Data and Emergence of HPDA Increase in the Adoption of Anomaly Detection Solutions in Software Testing Increase in Cyber Espionage and Fraudulent Activities Rise in Internal Threats Among Enterprises
5.2.2 Restraints Competition From Open-Source Alternatives Hampering the Demand for Commercial Solutions Lack of Skills and Expertise
5.2.3 Opportunities Detection of Anomalies in Streaming Data From Assets, and Optimization of Business Processes Rise in the Adoption of Black Box Trading By Market Traders
5.2.4 Challenges Detection of Asymmetric Faults
5.3 Anomaly Detection Market Adoption By Organization Size
5.3.1 SME’s
5.3.2 Large Enterprises

14 Company Profiles

(Overview, Strength of Product Portfolio, Business Strategy Excellence and Recent Developments)*

14.1 Cisco Systems, Inc.
14.2 Dell Technologies, Inc.
14.3 Hewlett Packard Enterprise Company
14.4 Guardian Analytics
14.5 Anodot, Ltd.
14.6 Happiest Minds
14.7 Gurucul
14.8 Niara, Inc.
14.9 Flowmon Networks
14.10 Wipro Limited
14.11 SAS Institute Inc.
14.12 Symantec Corporation
14.13 Trustwave Holdings, Inc.
14.14 International Business Machines Corporation
14.15 Logrhythm, Inc.
14.16 Splunk, Inc.
14.17 Trend Micro, Inc.
14.18 Greycortex S.R.O.
14.19 Securonix, Inc.

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