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Anomaly Detection Market by Deplyment and Geography - Forecast and Analysis 2022-2026

  • Published: Oct 2022
  • Pages: 126
  • SKU: IRTNTR74552
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The anomaly detection market share is expected to increase by USD 4.23 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 15.08%.

This anomaly detection market research report provides valuable insights into the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers the anomaly detection market segmentation by deployment (cloud and on-premise) and geography (North America, Europe, APAC, South America, and the Middle East and Africa). The anomaly detection market report also offers information on several market vendors, including Accenture Plc, Anodot Ltd., Avora, Broadcom Inc., Cisco Systems Inc., Dynatrace Inc., Intel Corp., International Business Machines Corp., Kemp Technologies Inc., KNIME AG, Mechademy Incorp, Microsoft Corp., Prophix Software Inc., SAS Institute Inc., Singapore Telecommunications Ltd., SolarWinds Corp., SUBEX Ltd., TIBCO Software Inc., Wipro Ltd., and Zoho Corp. among others.

What will the Anomaly Detection Market Size be During the Forecast Period?

Anomaly Detection Market Size

Download Report Sample to Unlock the Anomaly Detection Market Size for the Forecast Period and Other Important Statistics

 

Anomaly Detection Market: Key Drivers, Trends, and Challenges

Anomaly detection tools are gaining traction in the BFSI sector, which is driving the anomaly detection market growth, although factors such as infrastructural requirements may impede the market growth during the forecast period.

Key Anomaly Detection Market Driver

Anomaly detection tools are gaining traction in the BFSI sector, which is driving the anomaly detection market growth. Anomaly detection-based fraud prevention and detection solutions are more common than prescriptive and predictive analytics in the BFSI sector. Such applications require a standard machine-learning model that is trained to check the incoming data, which is constantly changing. This type of anomaly detection tool is trained to have a baseline value of normalcy for loan applications, financial activities, and account information. Anomaly detection software is becoming increasingly popular in the BFSI sector because it alerts human monitors about any deviations from the expected patterns. Anomaly detection systems are used in the BFSI sector for interacting with various other financial institutions or activities. As a result, this industry is rapidly implementing IT solutions to reduce manual dependency and increase processing efficiency. For example, CSI's fraud anomaly detection software for banks alerts banks to suspicious activities through automated alerts, allowing them to be vigilant and monitor compliance constantly. These factors will fuel the anomaly detection market growth during the forecast period.

Key Anomaly Detection Market Trend

The rising incidence of internal threats and cyber fraud is a key trend in the anomaly detection market. The increasing prevalence of internal threats and cyber frauds has increased the use of anomaly detection software and solutions. These technologies are being used by businesses to detect unusual patterns in the network data flow that indicate a hacking attempt or fraudulent activity. Anomaly detection is used to detect defects in operating environments as well as to detect fraud in online transactions. The rise in interest in anomaly detection is driven by the growth of IoT and the increasing demand for advanced solutions to monitor connected use cases. The increasing use of anomaly detection systems in software testing, as well as a greater emphasis on high-performance data analysis, are propelling market growth. Global demand for anomaly detection is also being driven by the increasing introduction of advanced solutions with new functionalities and features. Several industry players are leveraging machine learning and artificial intelligence (AI) technology to provide solutions that will assist users in quickly identifying unexpected changes in patterns and behavior. Thus, the rising incidence of internal threats and cyber frauds will support the market growth during the forecast period. 

Key Anomaly Detection Market Challenge

Infrastructural requirements will challenge the growth of the anomaly detection market. Advanced infrastructure is required to deploy anomaly detection. Access control systems require the installation of an extensive database of biometric/card scanners that are integrated with locks. Alarm systems must be integrated with sensors or manual switches, which requires robust building infrastructure. Surveillance activities generate a large volume of audio-visual (AV) data, which must be stored and archived. Hence, the need for high-quality and high-density storage solutions in the surveillance industry is high. Storage solutions must also be scalable to accommodate continuous changes in the volume of surveillance data. The effective implementation of surveillance and security equipment necessitates high bandwidth. However, the lack of robust network infrastructure in developing and underdeveloped countries reduces the availability of high bandwidth, which affects data transmission. The deployment of perimeter intrusion detection systems on the cloud also requires high bandwidth. Accessing cloud computing services from remote locations must be free from packet loss and latency issues to meet service-level agreements (SLAs). Accessing terabytes of data from cloud-based systems requires efficient IT systems that are free from networking issues. Such factors will hamper the growth of the anomaly detection market during the forecast period.

This anomaly detection market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global anomaly detection market as a part of the global application software market within the global IT software market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the anomaly detection market during the forecast period.

Who are the Major Anomaly Detection Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Accenture Plc
  • Anodot Ltd.
  • Avora
  • Broadcom Inc.
  • Cisco Systems Inc.
  • Dynatrace Inc.
  • Intel Corp.
  • International Business Machines Corp.
  • Kemp Technologies Inc.
  • KNIME AG
  • Mechademy Incorp
  • Microsoft Corp.
  • Prophix Software Inc.
  • SAS Institute Inc.
  • Singapore Telecommunications Ltd.
  • SolarWinds Corp.
  • SUBEX Ltd.
  • TIBCO Software Inc.
  • Wipro Ltd.
  • Zoho Corp.

 

This statistical study of the anomaly detection market encompasses successful business strategies deployed by key vendors. The anomaly detection market is fragmented, and the vendors are deploying pricing and marketing strategies to compete in the market.

Product Insights and News

  • anodot.com - The company offers anomaly detection for protecting revenues and managing costs.
  • broadcom.com - The company offers anomaly detection, such as DX operational intelligence, which provides the tools to identify anomalous events across networks, infrastructure, and application metrics and trigger an alarm for the anomalies identified.

To make the most of the opportunities and recover from the post-COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments while maintaining their positions in the slow-growing segments.

The anomaly detection market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Anomaly Detection Market Value Chain Analysis

Our in-house experts produce extensive information on the value chain and parent market of the anomaly detection market, which vendors can leverage to gain a competitive advantage during the forecast period. The value chain information provides an end-to-end understanding of product insight and profit and also the optimization and evaluation of business strategies The players across the value chain includes selective data and analysis from entire research findings as per the scope of the report.

The report has further elucidated other innovative approaches being followed by service providers to ensure a sustainable market presence.

Which are the Key Regions for Anomaly Detection Market?

Anomaly Detection Market Share by Geography

For more insights on the market share of various regions Request PDF Sample now!

40% of the market’s growth will originate from North America during the forecast period. The US is the key market for the anomaly detection market in North America. Market growth in this region will be faster than the market growth in Europe, South America, the Middle East and Africa.

The increased adoption of anomaly detection software by enterprises and the initiatives by vendors to offer enhanced products will facilitate the anomaly detection market's growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID-19 Impact and Recovery Analysis

The anomaly detection market in North America witnessed slow growth in the first half of 2020 owing to the outbreak of COVID-19. The outbreak compelled governments to impose nationwide lockdowns. Similarly, in 2020, the rising number of COVID-19 cases in the region hindered the sales of anomaly detection software. However, in the first half of 2021, with the introduction of vaccines, there was a gradual decline in the number of COVID-19 cases; consequently, enterprises and companies reopened and restarted their operations. The advent of new technologies and innovations in the cloud and IoT, along with the growing popularity of digital transformation, has raised the importance of cybersecurity. Such major factors are anticipated to increase the need for anomaly detection software and help the anomaly detection market record a significant growth rate during the forecast period.

What are the Revenue-generating Deployment Segments in the Anomaly Detection Market?

Anomaly Detection Market Share

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The anomaly detection market share growth in the cloud segment will be significant during the forecast period. Cloud-based solutions offer quick deployment, improved flexibility and scalability, real-time data visibility, and customization capabilities. Service providers offer all these functionalities with flexible payment options, such as monthly subscriptions and a pay-as-you-go model. Hence, cloud-based software deployment is cost-effective and economical when compared with the on-premises deployment model. 

Besides the above-mentioned factors, the post-COVID-19 impact has brought forth a slowdown in or fast-tracked the demand for the service or product. This report provides an accurate prediction of the contribution of all the segments to the growth of the anomaly detection market size and actionable market insights on the post-COVID-19 impact on each segment.

 

Anomaly Detection Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 15.08%

Market growth 2022-2026

$4.23 billion

Market structure

Fragmented

YoY growth (%)

14.4

Regional analysis

North America, Europe, APAC, South America, and the Middle East and Africa

Performing market contribution

North America at 40%

Key consumer countries

US, China, Japan, Germany, and UK

Competitive landscape

Leading companies, Competitive Strategies, Consumer engagement scope

Key companies profiled

Accenture Plc, Anodot Ltd., Avora, Broadcom Inc., Cisco Systems Inc., Dynatrace Inc., Intel Corp., International Business Machines Corp., Kemp Technologies Inc., KNIME AG, Mechademy Incorp, Microsoft Corp., Prophix Software Inc., SAS Institute Inc., Singapore Telecommunications Ltd., SolarWinds Corp., SUBEX Ltd., TIBCO Software Inc., Wipro Ltd., and Zoho Corp.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

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What are the Key Data Covered in this Anomaly Detection Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive anomaly detection market growth during the next five years
  • Precise estimation of the anomaly detection market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the anomaly detection industry across North America, Europe, APAC, South America, and the Middle East and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of anomaly detection market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Deployment
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Deployment

    • 5.1 Market segments
      • Exhibit 24: Chart on Deployment - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on Deployment - Market share 2021-2026 (%)
    • 5.2 Comparison by Deployment
      • Exhibit 26: Chart on Comparison by Deployment
      • Exhibit 27: Data Table on Comparison by Deployment
    • 5.3 Cloud - Market size and forecast 2021-2026
      • Exhibit 28: Chart on Cloud - Market size and forecast 2021-2026 ($ million)
      • Exhibit 29: Data Table on Cloud - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Chart on Cloud - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on Cloud - Year-over-year growth 2021-2026 (%)
    • 5.4 On-premise - Market size and forecast 2021-2026
      • Exhibit 32: Chart on On-premise - Market size and forecast 2021-2026 ($ million)
      • Exhibit 33: Data Table on On-premise - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Chart on On-premise - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on On-premise - Year-over-year growth 2021-2026 (%)
    • 5.5 Market opportunity by Deployment
      • Exhibit 36: Market opportunity by Deployment ($ million)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 40: Chart on Geographic comparison
      • Exhibit 41: Data Table on Geographic comparison
    • 7.3 North America - Market size and forecast 2021-2026
      • Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.4 Europe - Market size and forecast 2021-2026
      • Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.5 APAC - Market size and forecast 2021-2026
      • Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 7.6 South America - Market size and forecast 2021-2026
      • Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 7.7 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 7.8 US - Market size and forecast 2021-2026
      • Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.9 Germany - Market size and forecast 2021-2026
      • Exhibit 66: Chart on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 67: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 68: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 7.10 UK - Market size and forecast 2021-2026
      • Exhibit 70: Chart on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 71: Data Table on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 72: Chart on UK - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on UK - Year-over-year growth 2021-2026 (%)
    • 7.11 China - Market size and forecast 2021-2026
      • Exhibit 74: Chart on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 75: Data Table on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 76: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 7.12 Japan - Market size and forecast 2021-2026
      • Exhibit 78: Chart on Japan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 79: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 80: Chart on Japan - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on Japan - Year-over-year growth 2021-2026 (%)
    • 7.13 Market opportunity by geography
      • Exhibit 82: Market opportunity by geography ($ million)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 83: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 85: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 86: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 87: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 88: Matrix on vendor position and classification
            • 10.3 Anodot Ltd.
              • Exhibit 89: Anodot Ltd. - Overview
              • Exhibit 90: Anodot Ltd. - Product / Service
              • Exhibit 91: Anodot Ltd. - Key news
              • Exhibit 92: Anodot Ltd. - Key offerings
            • 10.4 Broadcom Inc.
              • Exhibit 93: Broadcom Inc. - Overview
              • Exhibit 94: Broadcom Inc. - Business segments
              • Exhibit 95: Broadcom Inc. - Key news
              • Exhibit 96: Broadcom Inc. - Key offerings
              • Exhibit 97: Broadcom Inc. - Segment focus
            • 10.5 Cisco Systems Inc.
              • Exhibit 98: Cisco Systems Inc. - Overview
              • Exhibit 99: Cisco Systems Inc. - Business segments
              • Exhibit 100: Cisco Systems Inc. - Key news
              • Exhibit 101: Cisco Systems Inc. - Key offerings
              • Exhibit 102: Cisco Systems Inc. - Segment focus
            • 10.6 Dynatrace Inc.
              • Exhibit 103: Dynatrace Inc. - Overview
              • Exhibit 104: Dynatrace Inc. - Product / Service
              • Exhibit 105: Dynatrace Inc. - Key news
              • Exhibit 106: Dynatrace Inc. - Key offerings
            • 10.7 International Business Machines Corp.
              • Exhibit 107: International Business Machines Corp. - Overview
              • Exhibit 108: International Business Machines Corp. - Business segments
              • Exhibit 109: International Business Machines Corp. - Key offerings
              • Exhibit 110: International Business Machines Corp. - Segment focus
            • 10.8 SAS Institute Inc.
              • Exhibit 111: SAS Institute Inc. - Overview
              • Exhibit 112: SAS Institute Inc. - Product / Service
              • Exhibit 113: SAS Institute Inc. - Key news
              • Exhibit 114: SAS Institute Inc. - Key offerings
            • 10.9 Singapore Telecommunications Ltd.
              • Exhibit 115: Singapore Telecommunications Ltd. - Overview
              • Exhibit 116: Singapore Telecommunications Ltd. - Business segments
              • Exhibit 117: Singapore Telecommunications Ltd. - Key offerings
              • Exhibit 118: Singapore Telecommunications Ltd. - Segment focus
            • 10.10 SUBEX Ltd.
              • Exhibit 119: SUBEX Ltd. - Overview
              • Exhibit 120: SUBEX Ltd. - Product / Service
              • Exhibit 121: SUBEX Ltd. - Key news
              • Exhibit 122: SUBEX Ltd. - Key offerings
            • 10.11 TIBCO Software Inc.
              • Exhibit 123: TIBCO Software Inc. - Overview
              • Exhibit 124: TIBCO Software Inc. - Product / Service
              • Exhibit 125: TIBCO Software Inc. - Key offerings
            • 10.12 Wipro Ltd.
              • Exhibit 126: Wipro Ltd. - Overview
              • Exhibit 127: Wipro Ltd. - Business segments
              • Exhibit 128: Wipro Ltd. - Key news
              • Exhibit 129: Wipro Ltd. - Key offerings
              • Exhibit 130: Wipro Ltd. - Segment focus

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 131: Inclusions checklist
                • Exhibit 132: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 133: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 134: Research methodology
                • Exhibit 135: Validation techniques employed for market sizing
                • Exhibit 136: Information sources
              • 11.5 List of abbreviations
                • Exhibit 137: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
              Technavio

              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
              Interested in this report?
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              Anomaly Detection market growth will increase by $4236.45 million during 2022-2026.
              The anomaly detection market is expected to grow at a CAGR of 15.08% during 2022-2026.
              Technavio has segmented the anomaly detection market by deployment (cloud and on-premise) and geographic (North America, Europe, APAC, South America, and Middle East and Africa).
              Accenture Plc, Anodot Ltd., Avora, Broadcom Inc., Cisco Systems Inc., Dynatrace Inc., Intel Corp., International Business Machines Corp., Kemp Technologies Inc., KNIME AG, Mechademy Incorp, Microsoft Corp., Prophix Software Inc., SAS Institute Inc., Singapore Telecommunications Ltd., SolarWinds Corp., SUBEX Ltd., TIBCO Software Inc., Wipro Ltd., Zoho Corp. are a few of the key vendors in the anomaly detection market.
              North America will register the highest growth rate of 40.35% among the other regions. Therefore, the anomaly detection market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
              The key factors driving the anomaly detection market growth are:
              • Anomaly detection tools gaining traction in BFSI
              • Rising incidence of internal threats and cyber frauds
              The anomaly detection market vendors should focus on grabbing business opportunities from the cloud segment as it accounted for the largest market share in the base year.
              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?
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              • Details on the market shares of various regions
              • Five-force market analysis

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