Global Security Information And Event Management Market 2024-2028

Global Security Information And Event Management Market 2024-2028

The security information and event management market is forecasted to grow by USD 4183.9 mn during 2023-2028, accelerating at a CAGR of 10.87% during the forecast period. The report on the security information and event management market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in cybercrime, increased use of mobile devices, and need to comply with regulatory requirements.

Technavio's security information and event management market is segmented as below:

By Deployment

• On-premise
• SaaS-based

By End-user

• Government
• BFSI
• Telecom
• Healthcare
• Others

By Geographical Landscape

• North America
• Europe
• APAC
• Middle East and Africa
• South America

This study identifies the growing popularity of managed security service providers as one of the prime reasons driving the security information and event management market growth during the next few years. Also, popularity of saas siem services and increased market consolidation will lead to sizable demand in the market.

The report on the security information and event management market covers the following areas:

• Security information and event management market sizing
• Security information and event management market forecast
• Security information and event management market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading security information and event management market vendors that include Assuria, AT and T Inc., Broadcom Inc., Dell Technologies Inc., Fortinet Inc., Hewlett Packard Enterprise Co., International Business Machines Corp., Logpoint, LogRhythm Inc., McAfee LLC, Open Text Corporation, Rapid7 Inc., Securonix Inc., SolarWinds Corp., Splunk Inc., Tenable Holdings Inc., TIBCO Software Inc., Trend Micro Inc., Trustwave Holdings Inc., and Zoho Corp. Pvt. Ltd.. Also, the security information and event management market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.