Worldwide Security Information and Event Management Forecast, 2023-2027: In the Face of XDR, Many Organizations Are Still Living in SIEM

This IDC study provides a worldwide market forecast for security information and event management for the 2023-2027 period."The SIEM continues its transformation with analytics, including those that use ML and AI, being prioritized over its data storage capabilities," says Michelle Abraham, research director, Security and Trust at IDC. "The evolution is bolstering the SIEM market growth."

IDC Market Forecast Figure

Executive Summary

Advice for Technology Suppliers

Market Forecast

Market Context

• Drivers and Inhibitors
  • Drivers
    • Improvements to SIEM Usability
    • Generative AI Assistants
  • Inhibitors
    • Security Data Lakes
• Significant Market Developments
• Changes from Prior Forecast

Market Definition

Methodology

• Historical and Forecast Market Values and Exchange Rates

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