What is Anomaly Detection Solution Market?
Anomaly Detection Solution helps in identifying behavior or actions of a certain user or a set of actions by users which do not conform to expected patterns in a dataset. The three main types of anomaly detection solutions are unsupervised anomaly detection, supervised anomaly detection, and semi-supervised anomaly detection. This system is designed accordingly to identify and prevent malicious activity in a network of computers.
The market study is being classified by Type (Network Behavior Anomaly Detection and User Behavior Anomaly Detection), by Application (Banking, Financial Services, and Insurance (BFSI), Retail, Manufacturing, IT and telecom, Defense and government, Healthcare and Others (entertainment and education)) and major geographies with country level break-up.
International Business Machines Corporation (United States), SAS Institute, Inc. (United States), Cisco Systems, Inc. (United States), Dell Technologies, Inc. (United States), Hewlett Packard Enterprise Company (United States), Symantec Corporation (United States), Trend Micro, Inc. (Japan), Splunk, Inc. (United States), Wipro Limited (India) and Securonix, Inc. (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Gurucul (United States), Happiest Minds (India) and Guardian Analytics (United States).
The key manufacturers are targeting the innovations of the products with better quality, better technical characteristics, and also assist in providing and humanizing the after-sale service to the consumers. The key players are probable to keep a stronghold on the market over the anticipated period. The key players are accepting strategic decisions and are thinking upon mergers and acquisitions in order to maintain their presence in the market. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Anomaly Detection Solution market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Anomaly Detection Solution market by Type, Application and Region.
On the basis of geography, the market of Anomaly Detection Solution has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Growth of Data and Emergence of HPDA
- Increase in Cyber Espionage and Fraudulent Activities
- Growing Internal Threats Among Enterprises
Market Trend
- Increase in the Adoption of Anomaly Detection Solutions in Software Testing
Restraints
- Competition From Open-Source Alternatives Hampering the Demand for Commercial Solutions
- Lack of Skills and Expertise
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
Challenges
- Detection of Asymmetric Faults
Key Target Audience
Network solution providers, Data and network security providers, Cloud service providers, System integrators, Third-party software testing service providers, Managed Security Service Providers (MSSPs), Application design and software developers, Consultancy firms and advisory firms, Regulatory agencies, Technology consultants and Government