Market Analysis and Insights: Global Security Information and Event Management Market
SIEM includes solutions and services that help enterprises to analyze log (large volumes of computer generated data also known as audit records and audit trials) and event data in real time to identity potential threats and provide event correlation and incident response. The data is collected from security and network devices, systems, and applications.
The data is collected in a central repository for interpretation of logs and trend analysis and provides automated reporting for compliance and centralized reporting. SIEM solutions provide quicker identification, analysis, and recovery of security events. The events are alerts generated by a network security device such as a firewall or intrusion detection system (IDS).
The global Security Information and Event Management market size is projected to reach US$ 6436.2 million by 2028, from US$ 3938.3 million in 2021, at a CAGR of 6.8% during 2022-2028.
Fully considering the economic change by this health crisis, Log and Event Management accounting for % of the Security Information and Event Management global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Banking, Financial Services and Insurance (BFSI) segment is altered to an % CAGR throughout this forecast period.
China Security Information and Event Management market size is valued at US$ million in 2021, while the North America and Europe Security Information and Event Management are US$ million and US$ million, severally. The proportion of the North America is % in 2021, while China and Europe are % and respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period 2022-2028. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Security Information and Event Management landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period 2022-2028.
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Global Security Information and Event Management Scope and Market Size
Security Information and Event Management market is segmented by players, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Security Information and Event Management market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Log and Event Management
Firewall Security Management
Patch Management
Others
Segment by Application
Banking, Financial Services and Insurance (BFSI)
Government
Healthcare
Telecom and Information Technology (IT)
Energy and Utility
Retail and Hospitality
Education and Academia
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
By Company
IBM
Hewlett Packard
McAfee
LogRhythm
Splunk
AlienVault
BlackStratus
EventTracker
Dell Technologies
Fortinet
Micro Focus
SolarWinds
Symantec
Tenable Network Security
TIBCO Software
Trustwave
ZOHO Corp