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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).
LPI (LP Information)' newest research report, the "Security Information and Event Management Industry Forecast" looks at past sales and reviews total world Security Information and Event Management sales in 2022, providing a comprehensive analysis by region and market sector of projected Security Information and Event Management sales for 2023 through 2029. With Security Information and Event Management sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Security Information and Event Management industry.
This Insight Report provides a comprehensive analysis of the global Security Information and Event Management landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Security Information and Event Management portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Security Information and Event Management market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Security Information and Event Management and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Security Information and Event Management.
The global Security Information and Event Management market size is projected to grow from US$ 3852.6 million in 2022 to US$ 6208.4 million in 2029; it is expected to grow at a CAGR of 7.1% from 2023 to 2029.
United States market for Security Information and Event Management is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
China market for Security Information and Event Management is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Europe market for Security Information and Event Management is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Global key Security Information and Event Management players cover IBM, Hewlett Packard, McAfee, LogRhythm, Splunk, AlienVault, BlackStratus, EventTracker and Dell Technologies, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.
This report presents a comprehensive overview, market shares, and growth opportunities of Security Information and Event Management market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
- Log and Event Management
- Firewall Security Management
- Patch Management
- Others
Segmentation 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
This report also splits the market by region:
- Americas
- - United States
- - Canada
- - Mexico
- - Brazil
- APAC
- - China
- - Japan
- - Korea
- - Southeast Asia
- - India
- - Australia
- Europe
- - Germany
- - France
- - UK
- - Italy
- - Russia
- Middle East & Africa
- - Egypt
- - South Africa
- - Israel
- - Turkey
- - GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
- IBM
- Hewlett Packard
- McAfee
- LogRhythm
- Splunk
- AlienVault
- BlackStratus
- EventTracker
- Dell Technologies
- Fortinet
- Micro Focus
- SolarWinds
- Symantec
- Tenable Network Security
- TIBCO Software
- Trustwave
- ZOHO Corp