Anomaly Detection Market Research Study including Growth Factors, Types and Application to 2025

(IT-NEWSWIRE.COM, September 13, 2018 ) 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 can be defined as the identification of observations, events, data points or items that do not conform to standard expected patterns of a given system. This detection is used for the behavioral and other forms of analysis in order to aid in the understanding of the identification, detection, and prediction of the occurrence of these anomalies. There are several advantages of anomaly detection which include the detection of security as well as zero-day attacks, rapid identification of unknown security threats, monitoring of several data sources as well as to find unusual behavior in the data sources.

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The growing adoption of black box trading by market traders, the increasing threats among enterprises such as cyber espionage and fraudulent activities has resulted in the increase in the need for anomaly detection in streaming data from assets and optimization of business processes. The asymmetric faults detection, lack of technical expertise and the presence of open source alternatives are factors that are restraining the growth of the anomaly detection market.

Competitive Landscape:

The major players in the market are as follows:

IBM Corporation
SAS Institute Inc.
Dell Technologies, Inc.
Trustwave Holdings, Inc.
Cisco Systems, Inc.
LogRhythm, Inc.
Hewlett Packard Enterprise Company
Splunk, Inc.
Guardian Analytics
Symantec Corporation
Anodot, Ltd.
GreyCortex s.r.o.
Niara, Inc.
Securonix, Inc.
Wipro Limited

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Anomaly Detection Market Research Study including Growth Factors, Types and Application to 2025