Report ID: SQMIG45D2116
Report ID:
SQMIG45D2116 |
Region:
Global |
Published Date: December, 2024
Pages:
201
|
Tables:
122 |
Figures:
72
Geographically, North America dominated the market in the previous years and is expected to lead over the forecast period owing to technological improvements, amplifying data generation, and growing cybersecurity threats. North America is a leading center for several prominent technology companies and newbies. This notably fuels innovations and advancements in machine learning and AI, important for better detection of anomalies. Also, the region holds a comprehensive digital network that leads to significant data generation in different sectors. This increases the demand for enhanced anomaly detection solutions. Furthermore, the growing cyber threats have again triggered the need for major investments in security services, comprising anomaly detection. The key players profiled in the region include IBM, Splunk, Microsoft, DataRobot, Anodot, SAS, and more.
Asia-Pacific is the fastest-growing region in the global anomaly detection market due to the speedy digital transformation, investment in technology, and rising adoption of IoT. Most nations in the region are witnessing major digital transformations, leading to amplified generation of data and the need for improved analytics solutions. Most enterprises and governments are rigorously investing in machine learning and artificial intelligence tools, thus fueling modernizations in anomaly detection technologies. Furthermore, the proliferation of IoT devices produces huge quantities of data, thus creating the need for anomaly detection to manage and monitor these systems. These factors are significantly driving the regional growth.
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Report ID: SQMIG45D2116