Security Information and Event Management (SIEM) Market
Global Security Information and Event Management (SIEM) Market Size, Share & Trends Analysis Report by Deployment Model (On-Premises and Cloud), By Solution (Log and Event Management, Security Analytics, Threat Intelligence, and Others), By Vertical (BFSI, Government, IT & Telecom, Healthcare, and Others), and Forecast 2019-2025
The global security information and event management (SIEM) market is growing significantly, at a CAGR of around 6.5% during the forecast period (2019-2025). SIEM software that analyses the security alerts and gives enterprise security from cyberattacks. The major factors promoting the growth of the market include rising concerns related to cybersecurity and privacy and rising investment in smart city projects. Cyber-attacks are increasing around the globe, and with the increasing point of access, the threat has increased quite substantially. As per the Cyber Security Breach Survey 2018, about 43% of all the firms have experienced a cyber breach in 2018. Medium and large businesses were likely to have experienced more number of cyber breaches. In addition, the increasing adoption of cloud-based solutions coupled with the growing compliance and regulatory compliance are offering growth to the SIEM market. Though, the high cost associated with the SIEM solution is a major factor that restraints the growth of the SIEM market.
Segmental Outlook
The SIEM market is classified on the basis of the deployment model, solution, and vertical. Based on the deployment model, the market is bifurcated into cloud-based and on-premises. Based on the solution, the market is segmented into log and event management, security analytics, threat intelligence, and others. The solutions segment is further segmented into log and event management, security analytics, threat intelligence, and others. Based on vertical, the market is segregated into BFSI, government, IT & telecom, healthcare, and others.
Global Security Information and Event Management Market Share by Deployment Model, 2018 (%)
Global SIEM market to be driven by the significant deployment of the cloud-based solution
The cloud-based SIEM is estimated to project a considerable CAGR during the forecast period. The rise in the demand for cloud-based services is further projected to enhance the demand for SIEM services in enterprises that further provide a significant opportunity to the market. Further, with the increasing amount of data generated through IoT, many enterprises have shifted their data to the cloud storage by choosing service providers. Various factors can influence the adoption of cloud-based services by SMEs such as organization competitiveness and management strategies. The SMEs are adopting cloud services to enhance flexibility and scalability of their business performance, and to lower the cost of operations.
Regional Outlook
The global SIEM market is classified on the basis of geography, which includes North America, Europe, Asia-Pacific, and the Rest of the World. North America is estimated to share significantly in the global SIEM market. Major economies which will contribute to the market are the US and Canada. The US has a well-established IT infrastructure, the presence of a number of IT enterprises, which leads to a number of cyberattacks. The high adoption of cloud-based applications in the Americas has led to a dramatic increase in the number of cyberattacks. The large enterprises are adopting advanced cybersecurity technologies and are deploying SIEM solution.
Global Security Information and Event Management Market Growth, by Region 2019-2025
Asia-Pacific is expected to propel with a considerable growth rate in the global market
Asia-Pacific is expected to project a considerable CAGR in the global SIEM market during the forecast period. This growth can be attributed to a significant increase in cyberattacks cases during the last couple of years. Digitalization in developing countries such as India and China enabled them as honey-pots for attackers. The presence of a strong IT industry in India and China is one of the major factors that are driving the growth of the market. In Asia-Pacific, China has certain major cyber regulations that encourage several organizations to adopt cybersecurity strategies for the protection of their data. This, in turn, offers a growth opportunity to the companies operating in the SIEM market.
Market Players Outlook
The key players in the SIEM market are contributing significantly by providing advanced technology-based products and expanding their geographical presence across the globe. The key players operating in the global SIEM market include LogRhythm, Inc., ManageEngine, McAfee, LLC, Micro Focus International PLC, Rapid7 LLC, Microsoft Corp., SolarWinds Worldwide, LLC, and Splunk Inc. These market players adopt various strategies such as product launch, partnerships, collaborations, mergers, and acquisitions to sustain a strong position in the market. For instance, in February 2019, Microsoft Corp. launched Azure Sentinel, a cloud-based SIEM for enterprises. This will enhance the company’s position in the global SIEM market.
The Report Covers
- Market value data analysis of 2018 and forecast to 2025.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global SIEM market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations
3. Competitive Landscape
3.1. Company Share Analysis
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global Security Information And Event Management Market by Deployment Model
5.1.1. On-Premises
5.1.2. Cloud
5.2. Global Security Information and Event Management Market by Solution
5.2.1. Log and Event Management
5.2.2. Security Analytics
5.2.3. Threat Intelligence
5.2.4. Others (Firewall Security Management)
5.3. Global Security Information and Event Management Market by Vertical
5.3.1. BFSI
5.3.2. Government
5.3.3. IT & Telecom
5.3.4. Healthcare
5.3.5. Others (Utilities and Manufacturing)
6. Regional Analysis
6.1. North America
6.1.1. United States
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. Alert Logic, Inc.
7.2. AT&T Inc.
7.3. BlackStratus
7.4. Exabeam, Inc.
7.5. Fortinet, Inc.
7.6. Graylog
7.7. Gurucul
7.8. IBM Corp.
7.9. Ignite Technologies, Inc.
7.10. LogPoint A/S
7.11. LogRhythm, Inc.
7.12. ManageEngine (Zoho Corp.)
7.13. McAfee, LLC
7.14. Micro Focus International PLC
7.15. Microsoft Corp.
7.16. Rapid7 LLC
7.17. RSA Security LLC (Dell Inc.)
7.18. Securonix, Inc.
7.19. SolarWinds Worldwide, LLC
7.20. Splunk Inc.
7.21. Sumo Logic, Inc.
1. GLOBAL SECURITY INFORMATION AND EVENT MANAGEMENT MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT MODE, 2018-2025 ($ MILLION)
2. GLOBAL ON-PREMISES SECURITY INFORMATION AND EVENT MANAGEMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
3. GLOBAL CLOUD SECURITY INFORMATION AND EVENT MANAGEMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
4. GLOBAL SECURITY INFORMATION AND EVENT MANAGEMENT MARKET RESEARCH AND ANALYSIS BY SOULUTION, 2018-2025 ($ MILLION)
5. GLOBAL LOG AND EVENT MANAGEMENT SOULUTION MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
6. GLOBAL SECURITY ANALYTICS SOULUTION MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
7. GLOBAL THREAT INTELLIGENCE SOULUTION MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
8. GLOBAL OTHER SOULUTION MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
9. GLOBAL SECURITY INFORMATION AND EVENT MANAGEMENT MARKET RESEARCH AND ANALYSIS BY VERTICAL, 2018-2025 ($ MILLION)
10. GLOBAL SECURITY INFORMATION AND EVENT MANAGEMENT FOR BFSI MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
11. GLOBAL SECURITY INFORMATION AND EVENT MANAGEMENT FOR GOVERNMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
12. GLOBAL SECURITY INFORMATION AND EVENT MANAGEMENT FOR IT & TELECOM MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
13. GLOBAL SECURITY INFORMATION AND EVENT MANAGEMENT FOR HEALTHCARE MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
14. GLOBAL SECURITY INFORMATION AND EVENT MANAGEMENT FOR OTHER VERTICALS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
15. GLOBAL SECURITY INFORMATION AND EVENT MANAGEMENT MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2018-2025 ($ MILLION)
16. NORTH AMERICAN SECURITY INFORMATION AND EVENT MANAGEMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
17. NORTH AMERICAN SECURITY INFORMATION AND EVENT MANAGEMENT MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT MODLE, 2018-2025 ($ MILLION)
18. NORTH AMERICAN SECURITY INFORMATION AND EVENT MANAGEMENT MARKET RESEARCH AND ANALYSIS BY SOLUTION, 2018-2025 ($ MILLION)
19. NORTH AMERICAN SECURITY INFORMATION AND EVENT MANAGEMENT MARKET RESEARCH AND ANALYSIS BY VERTICAL, 2018-2025 ($ MILLION)
20. EUROPEAN SECURITY INFORMATION AND EVENT MANAGEMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
21. EUROPEAN SECURITY INFORMATION AND EVENT MANAGEMENT MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT MODEL, 2018-2025 ($ MILLION)
22. EUROPEAN SECURITY INFORMATION AND EVENT MANAGEMENT MARKET RESEARCH AND ANALYSIS BY SOLUTION, 2018-2025 ($ MILLION)
23. EUROPEAN SECURITY INFORMATION AND EVENT MANAGEMENT MARKET RESEARCH AND ANALYSIS BY VERTICAL, 2018-2025 ($ MILLION)
24. ASIA-PACIFIC SECURITY INFORMATION AND EVENT MANAGEMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
25. ASIA-PACIFIC SECURITY INFORMATION AND EVENT MANAGEMENT MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT MODEL, 2018-2025 ($ MILLION)
26. ASIA-PACIFIC SECURITY INFORMATION AND EVENT MANAGEMENT MARKET RESEARCH AND ANALYSIS BY SOLUTION, 2018-2025 ($ MILLION)
27. ASIA-PACIFIC SECURITY INFORMATION AND EVENT MANAGEMENT MARKET RESEARCH AND ANALYSIS BY VERTICAL, 2018-2025 ($ MILLION)
28. REST OF THE WORLD SECURITY INFORMATION AND EVENT MANAGEMENT MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT MODEL, 2018-2025 ($ MILLION)
29. REST OF THE WORLD SECURITY INFORMATION AND EVENT MANAGEMENT MARKET RESEARCH AND ANALYSIS BY SOLUTION, 2018-2025 ($ MILLION)
30. REST OF THE WORLD SECURITY INFORMATION AND EVENT MANAGEMENT MARKET RESEARCH AND ANALYSIS BY VERTICAL, 2018-2025 ($ MILLION)
1. GLOBAL SECURITY INFORMATION AND EVENT MANAGEMENT MARKET SHARE BY DEPLOYMENT MODEL, 2018 VS 2025 (%)
2. GLOBAL SECURITY INFORMATION AND EVENT MANAGEMENT MARKET SHARE BY SOLUTION, 2018 VS 2025 (%)
3. GLOBAL SECURITY INFORMATION AND EVENT MANAGEMENT MARKET SHARE BY VERTICAL, 2018 VS 2025 (%)
4. GLOBAL SECURITY INFORMATION AND EVENT MANAGEMENT MARKET SHARE BY GEOGRAPHY, 2018 VS 2025 (%)
5. US SECURITY INFORMATION AND EVENT MANAGEMENT MARKET SIZE, 2018-2025 ($ MILLION)
6. CANADA SECURITY INFORMATION AND EVENT MANAGEMENT MARKET SIZE, 2018-2025 ($ MILLION)
7. UK SECURITY INFORMATION AND EVENT MANAGEMENT MARKET SIZE, 2018-2025 ($ MILLION)
8. FRANCE SECURITY INFORMATION AND EVENT MANAGEMENT MARKET SIZE, 2018-2025 ($ MILLION)
9. GERMANY SECURITY INFORMATION AND EVENT MANAGEMENT MARKET SIZE, 2018-2025 ($ MILLION)
10. ITALY SECURITY INFORMATION AND EVENT MANAGEMENT MARKET SIZE, 2018-2025 ($ MILLION)
11. SPAIN SECURITY INFORMATION AND EVENT MANAGEMENT MARKET SIZE, 2018-2025 ($ MILLION)
12. ROE SECURITY INFORMATION AND EVENT MANAGEMENT MARKET SIZE, 2018-2025 ($ MILLION)
13. INDIA SECURITY INFORMATION AND EVENT MANAGEMENT MARKET SIZE, 2018-2025 ($ MILLION)
14. CHINA SECURITY INFORMATION AND EVENT MANAGEMENT MARKET SIZE, 2018-2025 ($ MILLION)
15. JAPAN SECURITY INFORMATION AND EVENT MANAGEMENT MARKET SIZE, 2018-2025 ($ MILLION)
16. REST OF ASIA-PACIFIC SECURITY INFORMATION AND EVENT MANAGEMENT MARKET SIZE, 2018-2025 ($ MILLION)
17. REST OF THE WORLD SECURITY INFORMATION AND EVENT MANAGEMENT MARKET SIZE, 2018-2025 ($ MILLION)
