Security Information and Event Management (SIEM) - Global Market Outlook (2018-2027)
According to Stratistics MRC, the Global Security Information and Event Management (SIEM) Market is accounted for $3.77 billion in 2018 and is expected to reach $7.23 billion by 2027 growing at a CAGR of 7.5% during the forecast period. Rise in adoption of cloud-based services among SMEs and growing compliance and regulatory mandates are the major factors propelling the market growth. However, high cost involved in deploying these solutions is hampering the market growth.
Security information and event management (SIEM) provides a real-time analysis of security warnings which are generated in organizations IT infrastructure network application and hardware. Security Information and Event Management is a combination of Security Information Management (SIM) and Security Event Management (SEM).
Based on the end user, the healthcare and social assistance segment is going to have a lucrative growth during the forecast period as they consist of organizations which provide healthcare and social assistance to individuals and also generate and commercialize healthcare goods and services and provide social assistance. By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to the evolution in IT security arena, rise in cloud adoption, stringent regulatory compliances, and high demand for enterprise mobility.
Some of the key players profiled in the Security Information and Event Management (SIEM) Market include Tibco Software Inc., Splunk Inc., Solarwinds Inc., RSA Security LLC, LogRhythm Inc., International Business Machines Corporation, Hewlett Packard Enterprise Development L.P. (HPE), Fireeye Inc., DFLabs S.p.A. and AT&T Inc. (AlienVault).
• Threat Intelligence
• Patch Management
• Log Management and Reporting
• Firewall Security Management
• Other Applications
Deployment Modes Covered:
Organization Sizes Covered:
• Small and Medium-sized Enterprises (SMEs)
• Large Enterprises
End Users Covered:
• Retail Trade
• IT & Telecommunication
• Healthcare and Social Assistance
• Energy & Utility
• Banking, Financial Services and Insurance (BFSI)
• Other End Users
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
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