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The global anomaly detection market is expected to reach USD 8.80 Billion by 2027, according to a new report by Reports and Data.
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Anomaly Detection Market To Reach USD 8.80 Billion By 2027 www.reportsanddata.com
Market Summary Anomaly Detection Market Size – USD 2.76 billion in 2019, Market Growth - CAGR of 15.3%, Market Trends – Escalating usage in software testing The global Anomaly Detection Market is expected to reach USD 8.80 Billion by 2027, according to a new report by Reports and Data. The escalating use of Internet of Thing (IoT) is among the major drivers of the anomaly detection market. • Further key findings from the report suggest • By component, the anomaly detection solutions contributed to a larger market share in 2019 and is likely to grow at a rate of 14.8% in the forecast period. An increase in unidentified malware compromising internal systems, devastating DDoS attacks, and other threats evading traditional security have resulted in network monitoring solutions furnished with robust AI solutions called Network Behavior Anomaly Detection. This solution permanently monitors network traffic, analyzing connectivity to seek anomalies and expose suspicious behavior allowing a response to yet unidentified security threats untraceable by other technologies. • By deployment mode, the cloud held a larger market share in 2019, owing to several advantages such as cost-effectiveness, data-backup & restoration, scalability, and faster deployment, among others. • By application, infusion detection held the largest market share in 2019. The market dominance of this method is owing to its ability to builds models of normal network behavior that are then used to identify new patterns that considerably move away from the profiles. Such anomalies may represent actual intrusions or just new behaviors that are required to be added to the profiles. www.reportsanddata.com
Market Summary Key Players: IBM, Hewlett Packard Enterprise, Dell Technologies, Trustwave Holding Inc., Wipro Limited, Teradata, Cisco Systems, Symantec Corporation, SAS Institute Inc., LogRythm Inc., and Securonix Inc., among others. Segmentation: • Component Outlook (Revenue, USD Million; 2017-2027) • Solution • Network Behavior Anomaly Detection • User Behavior Anomaly Detection • Service • Deployment Mode Outlook (Revenue, USD Million; 2017-2027) • On-Premise • Cloud-Based • Application Outlook (Revenue, USD Million; 2017-2027) • Intrusion Detection • Fraud Detection • System Status Monitoring • Fault Detection • Others www.reportsanddata.com Free Sample Report @ https://www.reportsanddata.com/sample-enquiry-form/2954
Market Summary • End-Users Outlook (Revenue, USD Million; 2017-2027) • BFSI • IT & Telecom • Government & Defense • Manufacturing • Healthcare • Others • Regional Outlook (Revenue, USD Million; 2016–2026) • North America • Europe • Asia Pacific • Rest of the World • Latin America • MEA Any Query or Discount? Ask our Expert @ https://www.reportsanddata.com/discount-enquiry-form/2954 www.reportsanddata.com
The report emphasizes the following key questions: Q.1.What are the most lucrative and promising growth prospects for the market? Q.2.Which sectors are expected to deliver a high growth rate and which industry aspects come into play in this advancement? Q.3.Which geographies are estimated to exhibit the highest growth and the underlying causes? Q.4.Which factors are impacting the future of the market and what are the driving factors? Q.5.What are the hurdles and challenges curtailing the industry’s growth in the forecast period? www.reportsanddata.com
About Us Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact US John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com www.reportsanddata.com