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PUBLISHER: IMARC | PRODUCT CODE: 1467614
PUBLISHER: IMARC | PRODUCT CODE: 1467614
Security Information and Event Management Market Report by Component, Deployment Mode, Organization Size, Application, Industry Vertical, and Region 2024-2032
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The global security information and event management (SIEM) market size reached US$ 5.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 14.0 Billion by 2032, exhibiting a growth rate (CAGR) of 10% during 2024-2032.
Security information and event management (SIEM) refers to the process of aggregating, storing, and analyzing several events that are generated through the technological infrastructure of organizations. It is commonly utilized for log management and reporting, threat intelligence, security analytics, behavior profiling, and database management. Event discovery and correlation enhance the speed of network event monitoring by consolidating error logs and alerts into a unified solution. As a result, SIEM is widely employed across numerous industries, such as BFSI, IT and telecom, healthcare, retail, energy and utilities, etc.
Security Information and Event Management (SIEM) Market Trends:
The growing need for advanced security solutions that help organizations to recognize potential threats and vulnerabilities is primarily driving the global security information and event management market. In addition to this, the widespread adoption of SIEM for the segregation of threat alerts based on priority, triaging, and automated response is also catalyzing the market growth. Furthermore, the increasing focus on comprehensive IT governance policies, such as GDPR (General Data Protection Regulation), and compliance with the regulatory framework is augmenting the global market. Apart from this, the rising penetration of cloud-based technology to simplify digital banking processes and reduce associated risks with on-premises security solutions is further creating a positive outlook for the SIEM market. Moreover, the emerging popularity of remote working models, SaaS applications, and the BYOD (Bring Your Own Device) trend is stimulating the requirement for network visibility to mitigate risks from outside the traditional network perimeter. This, in turn, is acting as another significant growth-inducing factor. Beside this, the escalating demand for actionable intelligence to minimize data loss and assist in the prioritization of network-based paradigms is also fueling the SIEM market. Additionally, the introduction of next-gen SIEM solutions integrated with powerful Security Orchestration, Automation, and Response (SOAR) capabilities that handle complex threat identification and incident response protocols in significantly less time than physical teams is projected to drive the global security information and event management market in the coming years.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global security information and event management (SIEM) market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on component, deployment mode, organization size, application and industry vertical.
Breakup by Component:
Solution
Services
Breakup by Deployment Mode:
On-premises
Cloud-based
Breakup by Organization Size:
Small and Medium-sized Enterprises
Large Enterprises
Breakup by Application:
Log Management and Reporting
Threat Intelligence
Security Analytics
Others
Breakup by Industry Vertical:
BFSI
Government
IT and Telecom
Manufacturing
Healthcare
Retail
Energy and Utilities
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being AT&T Inc., Exabeam, Inc., Fortinet, Inc., Hewlett Packard Enterprise Development LP, International Business Machines Corporation, Logpoint A/S, Logrhythm, Inc., McAfee Corp., Micro Focus International plc, Solarwinds Corporation, Splunk Inc. and Trend Micro Inc.
Key Questions Answered in This Report
- 1. What was the size of the global Security Information and Event Management (SIEM) market in 2023?
- 2. What is the expected growth rate of the global Security Information and Event Management (SIEM) market during 2024-2032?
- 3. What are the key factors driving the global Security Information and Event Management (SIEM) market?
- 4. What has been the impact of COVID-19 on the global Security Information and Event Management (SIEM) market?
- 5. What is the breakup of the global Security Information and Event Management (SIEM) market based on the component?
- 6. What is the breakup of the global Security Information and Event Management (SIEM) market based on the deployment mode?
- 7. What is the breakup of the global Security Information and Event Management (SIEM) market based on organization size?
- 8. What is the breakup of the global Security Information and Event Management (SIEM) market based on the industry vertical?
- 9. What are the key regions in the global Security Information and Event Management (SIEM) market?
- 10. Who are the key players/companies in the global Security Information and Event Management (SIEM) market?
Product Code: SR112024A6059
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Security Information and Event Management (SIEM) Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Component
- 6.1 Solution
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Services
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
7 Market Breakup by Deployment Mode
- 7.1 On-premises
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Cloud-based
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
8 Market Breakup by Organization Size
- 8.1 Small and Medium-sized Enterprises
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Large Enterprises
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
9 Market Breakup by Application
- 9.1 Log Management and Reporting
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Threat Intelligence
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.3 Security Analytics
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
- 9.4 Others
- 9.4.1 Market Trends
- 9.4.2 Market Forecast
10 Market Breakup by Industry Vertical
- 10.1 BFSI
- 10.1.1 Market Trends
- 10.1.2 Market Forecast
- 10.2 Government
- 10.2.1 Market Trends
- 10.2.2 Market Forecast
- 10.3 IT and Telecom
- 10.3.1 Market Trends
- 10.3.2 Market Forecast
- 10.4 Manufacturing
- 10.4.1 Market Trends
- 10.4.2 Market Forecast
- 10.5 Healthcare
- 10.5.1 Market Trends
- 10.5.2 Market Forecast
- 10.6 Retail
- 10.6.1 Market Trends
- 10.6.2 Market Forecast
- 10.7 Energy and Utilities
- 10.7.1 Market Trends
- 10.7.2 Market Forecast
- 10.8 Others
- 10.8.1 Market Trends
- 10.8.2 Market Forecast
11 Market Breakup by Region
- 11.1 North America
- 11.1.1 United States
- 11.1.1.1 Market Trends
- 11.1.1.2 Market Forecast
- 11.1.2 Canada
- 11.1.2.1 Market Trends
- 11.1.2.2 Market Forecast
- 11.1.1 United States
- 11.2 Asia-Pacific
- 11.2.1 China
- 11.2.1.1 Market Trends
- 11.2.1.2 Market Forecast
- 11.2.2 Japan
- 11.2.2.1 Market Trends
- 11.2.2.2 Market Forecast
- 11.2.3 India
- 11.2.3.1 Market Trends
- 11.2.3.2 Market Forecast
- 11.2.4 South Korea
- 11.2.4.1 Market Trends
- 11.2.4.2 Market Forecast
- 11.2.5 Australia
- 11.2.5.1 Market Trends
- 11.2.5.2 Market Forecast
- 11.2.6 Indonesia
- 11.2.6.1 Market Trends
- 11.2.6.2 Market Forecast
- 11.2.7 Others
- 11.2.7.1 Market Trends
- 11.2.7.2 Market Forecast
- 11.2.1 China
- 11.3 Europe
- 11.3.1 Germany
- 11.3.1.1 Market Trends
- 11.3.1.2 Market Forecast
- 11.3.2 France
- 11.3.2.1 Market Trends
- 11.3.2.2 Market Forecast
- 11.3.3 United Kingdom
- 11.3.3.1 Market Trends
- 11.3.3.2 Market Forecast
- 11.3.4 Italy
- 11.3.4.1 Market Trends
- 11.3.4.2 Market Forecast
- 11.3.5 Spain
- 11.3.5.1 Market Trends
- 11.3.5.2 Market Forecast
- 11.3.6 Russia
- 11.3.6.1 Market Trends
- 11.3.6.2 Market Forecast
- 11.3.7 Others
- 11.3.7.1 Market Trends
- 11.3.7.2 Market Forecast
- 11.3.1 Germany
- 11.4 Latin America
- 11.4.1 Brazil
- 11.4.1.1 Market Trends
- 11.4.1.2 Market Forecast
- 11.4.2 Mexico
- 11.4.2.1 Market Trends
- 11.4.2.2 Market Forecast
- 11.4.3 Others
- 11.4.3.1 Market Trends
- 11.4.3.2 Market Forecast
- 11.4.1 Brazil
- 11.5 Middle East and Africa
- 11.5.1 Market Trends
- 11.5.2 Market Breakup by Country
- 11.5.3 Market Forecast
12 SWOT Analysis
- 12.1 Overview
- 12.2 Strengths
- 12.3 Weaknesses
- 12.4 Opportunities
- 12.5 Threats
13 Value Chain Analysis
14 Porters Five Forces Analysis
- 14.1 Overview
- 14.2 Bargaining Power of Buyers
- 14.3 Bargaining Power of Suppliers
- 14.4 Degree of Competition
- 14.5 Threat of New Entrants
- 14.6 Threat of Substitutes
15 Price Analysis
16 Competitive Landscape
- 16.1 Market Structure
- 16.2 Key Players
- 16.3 Profiles of Key Players
- 16.3.1 AT&T Inc.
- 16.3.1.1 Company Overview
- 16.3.1.2 Product Portfolio
- 16.3.1.3 Financials
- 16.3.1.4 SWOT Analysis
- 16.3.2 Exabeam Inc.
- 16.3.2.1 Company Overview
- 16.3.2.2 Product Portfolio
- 16.3.3 Fortinet Inc.
- 16.3.3.1 Company Overview
- 16.3.3.2 Product Portfolio
- 16.3.3.3 Financials
- 16.3.3.4 SWOT Analysis
- 16.3.4 Hewlett Packard Enterprise Development LP
- 16.3.4.1 Company Overview
- 16.3.4.2 Product Portfolio
- 16.3.4.3 Financials
- 16.3.4.4 SWOT Analysis
- 16.3.5 International Business Machines Corporation
- 16.3.5.1 Company Overview
- 16.3.5.2 Product Portfolio
- 16.3.5.3 Financials
- 16.3.5.4 SWOT Analysis
- 16.3.6 Logpoint A/S
- 16.3.6.1 Company Overview
- 16.3.6.2 Product Portfolio
- 16.3.7 Logrhythm Inc.
- 16.3.7.1 Company Overview
- 16.3.7.2 Product Portfolio
- 16.3.8 McAfee Corp.
- 16.3.8.1 Company Overview
- 16.3.8.2 Product Portfolio
- 16.3.9 Micro Focus International plc
- 16.3.9.1 Company Overview
- 16.3.9.2 Product Portfolio
- 16.3.9.3 Financials
- 16.3.10 Solarwinds Corporation
- 16.3.10.1 Company Overview
- 16.3.10.2 Product Portfolio
- 16.3.10.3 Financials
- 16.3.11 Splunk Inc.
- 16.3.11.1 Company Overview
- 16.3.11.2 Product Portfolio
- 16.3.11.3 Financials
- 16.3.11.4 SWOT Analysis
- 16.3.12 Trend Micro Inc.
- 16.3.12.1 Company Overview
- 16.3.12.2 Product Portfolio
- 16.3.12.3 Financials
- 16.3.12.4 SWOT Analysis
- 16.3.1 AT&T Inc.
Product Code: SR112024A6059
List of Figures
- Figure 1: Global: Security Information and Event Management Market: Major Drivers and Challenges
- Figure 2: Global: Security Information and Event Management Market: Sales Value (in Billion US$), 2018-2023
- Figure 3: Global: Security Information and Event Management Market Forecast: Sales Value (in Billion US$), 2024-2032
- Figure 4: Global: Security Information and Event Management Market: Breakup by Component (in %), 2023
- Figure 5: Global: Security Information and Event Management Market: Breakup by Deployment Mode (in %), 2023
- Figure 6: Global: Security Information and Event Management Market: Breakup by Organization Size (in %), 2023
- Figure 7: Global: Security Information and Event Management Market: Breakup by Application (in %), 2023
- Figure 8: Global: Security Information and Event Management Market: Breakup by Industry Vertical (in %), 2023
- Figure 9: Global: Security Information and Event Management Market: Breakup by Region (in %), 2023
- Figure 10: Global: Security Information and Event Management (Solution) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 11: Global: Security Information and Event Management (Solution) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 12: Global: Security Information and Event Management (Services) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 13: Global: Security Information and Event Management (Services) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 14: Global: Security Information and Event Management (On-premises) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 15: Global: Security Information and Event Management (On-premises) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 16: Global: Security Information and Event Management (Cloud-based) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 17: Global: Security Information and Event Management (Cloud-based) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 18: Global: Security Information and Event Management (Small and Medium-sized Enterprises) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 19: Global: Security Information and Event Management (Small and Medium-sized Enterprises) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 20: Global: Security Information and Event Management (Large Enterprises) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 21: Global: Security Information and Event Management (Large Enterprises) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 22: Global: Security Information and Event Management (Log Management and Reporting) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 23: Global: Security Information and Event Management (Log Management and Reporting) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 24: Global: Security Information and Event Management (Threat Intelligence) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 25: Global: Security Information and Event Management (Threat Intelligence) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 26: Global: Security Information and Event Management (Security Analytics) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 27: Global: Security Information and Event Management (Security Analytics) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 28: Global: Security Information and Event Management (Other Applications) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 29: Global: Security Information and Event Management (Other Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 30: Global: Security Information and Event Management (BFSI) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 31: Global: Security Information and Event Management (BFSI) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 32: Global: Security Information and Event Management (Government) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 33: Global: Security Information and Event Management (Government) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 34: Global: Security Information and Event Management (IT and Telecom) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 35: Global: Security Information and Event Management (IT and Telecom) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 36: Global: Security Information and Event Management (Manufacturing) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 37: Global: Security Information and Event Management (Manufacturing) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 38: Global: Security Information and Event Management (Healthcare) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 39: Global: Security Information and Event Management (Healthcare) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 40: Global: Security Information and Event Management (Retail) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 41: Global: Security Information and Event Management (Retail) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 42: Global: Security Information and Event Management (Energy and Utilities) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 43: Global: Security Information and Event Management (Energy and Utilities) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 44: Global: Security Information and Event Management (Other Industry Verticals) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 45: Global: Security Information and Event Management (Other Industry Verticals) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 46: North America: Security Information and Event Management Market: Sales Value (in Million US$), 2018 & 2023
- Figure 47: North America: Security Information and Event Management Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 48: United States: Security Information and Event Management Market: Sales Value (in Million US$), 2018 & 2023
- Figure 49: United States: Security Information and Event Management Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 50: Canada: Security Information and Event Management Market: Sales Value (in Million US$), 2018 & 2023
- Figure 51: Canada: Security Information and Event Management Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 52: Asia-Pacific: Security Information and Event Management Market: Sales Value (in Million US$), 2018 & 2023
- Figure 53: Asia-Pacific: Security Information and Event Management Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 54: China: Security Information and Event Management Market: Sales Value (in Million US$), 2018 & 2023
- Figure 55: China: Security Information and Event Management Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 56: Japan: Security Information and Event Management Market: Sales Value (in Million US$), 2018 & 2023
- Figure 57: Japan: Security Information and Event Management Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 58: India: Security Information and Event Management Market: Sales Value (in Million US$), 2018 & 2023
- Figure 59: India: Security Information and Event Management Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 60: South Korea: Security Information and Event Management Market: Sales Value (in Million US$), 2018 & 2023
- Figure 61: South Korea: Security Information and Event Management Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 62: Australia: Security Information and Event Management Market: Sales Value (in Million US$), 2018 & 2023
- Figure 63: Australia: Security Information and Event Management Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 64: Indonesia: Security Information and Event Management Market: Sales Value (in Million US$), 2018 & 2023
- Figure 65: Indonesia: Security Information and Event Management Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 66: Others: Security Information and Event Management Market: Sales Value (in Million US$), 2018 & 2023
- Figure 67: Others: Security Information and Event Management Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 68: Europe: Security Information and Event Management Market: Sales Value (in Million US$), 2018 & 2023
- Figure 69: Europe: Security Information and Event Management Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 70: Germany: Security Information and Event Management Market: Sales Value (in Million US$), 2018 & 2023
- Figure 71: Germany: Security Information and Event Management Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 72: France: Security Information and Event Management Market: Sales Value (in Million US$), 2018 & 2023
- Figure 73: France: Security Information and Event Management Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 74: United Kingdom: Security Information and Event Management Market: Sales Value (in Million US$), 2018 & 2023
- Figure 75: United Kingdom: Security Information and Event Management Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 76: Italy: Security Information and Event Management Market: Sales Value (in Million US$), 2018 & 2023
- Figure 77: Italy: Security Information and Event Management Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 78: Spain: Security Information and Event Management Market: Sales Value (in Million US$), 2018 & 2023
- Figure 79: Spain: Security Information and Event Management Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 80: Russia: Security Information and Event Management Market: Sales Value (in Million US$), 2018 & 2023
- Figure 81: Russia: Security Information and Event Management Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 82: Others: Security Information and Event Management Market: Sales Value (in Million US$), 2018 & 2023
- Figure 83: Others: Security Information and Event Management Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 84: Latin America: Security Information and Event Management Market: Sales Value (in Million US$), 2018 & 2023
- Figure 85: Latin America: Security Information and Event Management Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 86: Brazil: Security Information and Event Management Market: Sales Value (in Million US$), 2018 & 2023
- Figure 87: Brazil: Security Information and Event Management Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 88: Mexico: Security Information and Event Management Market: Sales Value (in Million US$), 2018 & 2023
- Figure 89: Mexico: Security Information and Event Management Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 90: Others: Security Information and Event Management Market: Sales Value (in Million US$), 2018 & 2023
- Figure 91: Others: Security Information and Event Management Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 92: Middle East and Africa: Security Information and Event Management Market: Sales Value (in Million US$), 2018 & 2023
- Figure 93: Middle East and Africa: Security Information and Event Management Market: Breakup by Country (in %), 2023
- Figure 94: Middle East and Africa: Security Information and Event Management Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 95: Global: Security Information and Event Management Industry: SWOT Analysis
- Figure 96: Global: Security Information and Event Management Industry: Value Chain Analysis
- Figure 97: Global: Security Information and Event Management Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Security Information and Event Management Market: Key Industry Highlights, 2023 & 2032
- Table 2: Global: Security Information and Event Management Market Forecast: Breakup by Component (in Million US$), 2024-2032
- Table 3: Global: Security Information and Event Management Market Forecast: Breakup by Deployment Mode (in Million US$), 2024-2032
- Table 4: Global: Security Information and Event Management Market Forecast: Breakup by Organization Size (in Million US$), 2024-2032
- Table 5: Global: Security Information and Event Management Market Forecast: Breakup by Application (in Million US$), 2024-2032
- Table 6: Global: Security Information and Event Management Market Forecast: Breakup by Industry Vertical (in Million US$), 2024-2032
- Table 7: Global: Security Information and Event Management Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 8: Global: Security Information and Event Management Market: Competitive Structure
- Table 9: Global: Security Information and Event Management Market: Key Players
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