According to a new report, published by KBV research, The Global Anomaly Detection Market size is expected to reach $13.4 billion by 2030, rising at a market growth of 15.9% CAGR during the forecast period.
The On-premise segment generated the maximum revenue in the Global Anomaly Detection Market by Deployment in 2022; thereby, achieving a market value of $7.5 billion by 2030. To comply with legislation unique to their industry, businesses usually need auditable and direct control over their data security and processing methods. On-premise anomaly detection aids enterprises in adhering to legal and regulatory standards by guaranteeing that data remains on the premises while being directly controlled.
The Machine Learning & Artificial Intelligence segment is registering a CAGR of 16.5% during (2023 - 2030). Real-time ML, as well as AI-based anomaly detection models, enable organizations to identify and handle abnormalities as they arise. Real-time anomaly detection is crucial in time-sensitive circumstances like network security, fraud detection, and system monitoring.
The Solution segment acquired maximum revenue in the Global Anomaly Detection Market by Component in 2022; thereby, achieving a market value of $9.0 billion by 2030. More complex and advanced threats are continually evolving in the cybersecurity threat landscape. Anomaly detection technologies can process and analyze large datasets, which may subsequently be utilized to locate hidden patterns and recognize anomalies that might be indicators of security flaws.
The IT & Telecom segment would register a CAGR of 16.2% during (2023 - 2030). In the IT and telecom sectors, fraud of all kinds—including identity theft, telecom fraud, and financial fraud—is widespread. Anomaly detection programs can spot trends that point to fraudulent activities, such as unusual phone volumes, odd user behavior, or shady financial transactions. By utilizing anomaly detection tools, businesses may identify and stop fraud efforts, safeguarding both their own best interests as well as their clients' data.
The North America region dominated the Global Anomaly Detection Market by Region in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $4.2 billion by 2030. The Europe market is poised to grow at a CAGR of 15.6% during (2023 - 2030). Additionally, The Asia Pacific market would witness a CAGR of 16.8% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/anomaly-detection-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Amazon Web Services, Inc., Broadcom, Inc., Cisco Systems, Inc., Dell Technologies, Inc., Dynatrace, Inc., Happiest Minds Technologies Limited, Hewlett Packard Enterprise Company, IBM Corporation, Microsoft Corporation and SAS Institute, Inc.
By Deployment
By Technology
By Component
By End-Use
By Geography
Companies Profiled
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