Security Information and Event Management Software Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, By Component, By Application, By Organization Size, By Deployment Mode, By Vertical, By Region, and By Competition, 2020-2030F

Description

The Global Security Information and Event Management Software Market, valued at USD 8.49 Billion in 2024, is projected to experience a CAGR of 5.36% to reach USD 11.61 Billion by 2030. Security Information and Event Management (SIEM) software provides real-time collection, aggregation, and analysis of security event data and log information from diverse IT infrastructure components to facilitate threat detection, incident response, and regulatory compliance. The global SIEM market is primarily driven by the escalating frequency and sophistication of cyber threats, the increasing stringency of regulatory compliance mandates, and the growing complexity of modern IT environments, including cloud adoption.

Market Overview
Forecast Period	2026-2030
Market Size 2024	USD 8.49 Billion
Market Size 2030	USD 11.61 Billion
CAGR 2025-2030	5.36%
Fastest Growing Segment	Large Enterprises
Largest Market	North America

Key Market Drivers

The Global Security Information and Event Management Software Market growth is significantly influenced by the rising sophistication and frequency of cyber threats. Adversaries are continually developing advanced attack vectors, including zero-day exploits and highly targeted ransomware campaigns, which necessitate robust defense mechanisms. These evolving threats challenge traditional security perimeters, forcing organizations to adopt more comprehensive and analytical tools to detect and neutralize malicious activities effectively.

Key Market Challenges

A significant impediment to the expansion of the Global Security Information and Event Management Software Market is the persistent shortage of skilled cybersecurity professionals. This deficiency directly hampers organizations' ability to effectively implement, manage, and optimize SIEM solutions, which are critical for comprehensive threat detection and incident response. Without adequately trained personnel, even the most advanced SIEM platforms can suffer from underutilization and lead to alert fatigue, diminishing their intended security benefits and return on investment.

Key Market Trends

The adoption of cloud-native Security Information and Event Management (SIEM) solutions is a significant market trend, driven by the need for flexible, scalable, and cost-efficient security operations in cloud-centric IT environments. These solutions leverage cloud infrastructure benefits like elasticity and reduced operational overhead, proving more advantageous than traditional deployments. According to ISACA's 2024 Cloud Security Conference, over 8% of organizational resources are now hosted in the cloud, emphasizing the demand for cloud-native security. This is reflected in Microsoft's September 2025 announcement of the general availability of the Microsoft Sentinel data lake, offering a purpose-built, cloud-native foundation for security data management and analytics within its SIEM platform.

Key Market Players

IBM Corporation
Splunk, Inc.
Fortinet, Inc.
LogRhythm, Inc.
Rapid7, Inc.
Exabeam, Inc.
Securonix, Inc.
Fortra, LLC
Graylog, Inc.
Open Text Corporation

Report Scope:

In this report, the Global Security Information and Event Management Software Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Security Information and Event Management Software Market, By Component:

Solution
Service

Security Information and Event Management Software Market, By Application:

Log Management and Reporting
Threat Intelligence
Security Analytics
Others

Security Information and Event Management Software Market, By Organization Size:

Large Enterprises
SMEs

Security Information and Event Management Software Market, By Deployment Mode:

On-premises
Cloud

Security Information and Event Management Software Market, By Vertical:

IT & Telecom
BFSI
Healthcare
Retail
Manufacturing
Utilities
Others

Security Information and Event Management Software Market, By Region:

North America
- United States
- Canada
- Mexico
Europe
- France
- United Kingdom
- Italy
- Germany
- Spain
South America
- Brazil
- Argentina
- Colombia
Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
Asia Pacific
- China
- India
- Japan
- Australia
- South Korea

Competitive Landscape

Company Profiles: Detailed analysis of the major companies presents in the Global Security Information and Event Management Software Market.

Available Customizations:

Global Security Information and Event Management Software Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

1. Product Overview

1.1. Market Definition
1.2. Scope of the Market
- 1.2.1. Markets Covered
- 1.2.2. Years Considered for Study
- 1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations

3. Executive Summary

3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Security Information and Event Management Software Market Outlook

5.1. Market Size & Forecast
- 5.1.1. By Value
5.2. Market Share & Forecast
- 5.2.1. By Component (Solution, Service)
- 5.2.2. By Application (Log Management and Reporting, Threat Intelligence, Security Analytics, Others)
- 5.2.3. By Organization Size (Large Enterprises, SMEs)
- 5.2.4. By Deployment Mode (On-premises, Cloud)
- 5.2.5. By Vertical (IT & Telecom, BFSI, Healthcare, Retail, Manufacturing, Utilities, Others)
- 5.2.6. By Region
- 5.2.7. By Company (2024)
5.3. Market Map

6. North America Security Information and Event Management Software Market Outlook

6.1. Market Size & Forecast
- 6.1.1. By Value
6.2. Market Share & Forecast
- 6.2.1. By Component
- 6.2.2. By Application
- 6.2.3. By Organization Size
- 6.2.4. By Deployment Mode
- 6.2.5. By Vertical
- 6.2.6. By Country
6.3. North America: Country Analysis
- 6.3.1. United States Security Information and Event Management Software Market Outlook
  - 6.3.1.1. Market Size & Forecast
    - 6.3.1.1.1. By Value
  - 6.3.1.2. Market Share & Forecast
    - 6.3.1.2.1. By Component
    - 6.3.1.2.2. By Application
    - 6.3.1.2.3. By Organization Size
    - 6.3.1.2.4. By Deployment Mode
    - 6.3.1.2.5. By Vertical
- 6.3.2. Canada Security Information and Event Management Software Market Outlook
  - 6.3.2.1. Market Size & Forecast
    - 6.3.2.1.1. By Value
  - 6.3.2.2. Market Share & Forecast
    - 6.3.2.2.1. By Component
    - 6.3.2.2.2. By Application
    - 6.3.2.2.3. By Organization Size
    - 6.3.2.2.4. By Deployment Mode
    - 6.3.2.2.5. By Vertical
- 6.3.3. Mexico Security Information and Event Management Software Market Outlook
  - 6.3.3.1. Market Size & Forecast
    - 6.3.3.1.1. By Value
  - 6.3.3.2. Market Share & Forecast
    - 6.3.3.2.1. By Component
    - 6.3.3.2.2. By Application
    - 6.3.3.2.3. By Organization Size
    - 6.3.3.2.4. By Deployment Mode
    - 6.3.3.2.5. By Vertical

7. Europe Security Information and Event Management Software Market Outlook

7.1. Market Size & Forecast
- 7.1.1. By Value
7.2. Market Share & Forecast
- 7.2.1. By Component
- 7.2.2. By Application
- 7.2.3. By Organization Size
- 7.2.4. By Deployment Mode
- 7.2.5. By Vertical
- 7.2.6. By Country
7.3. Europe: Country Analysis
- 7.3.1. Germany Security Information and Event Management Software Market Outlook
  - 7.3.1.1. Market Size & Forecast
    - 7.3.1.1.1. By Value
  - 7.3.1.2. Market Share & Forecast
    - 7.3.1.2.1. By Component
    - 7.3.1.2.2. By Application
    - 7.3.1.2.3. By Organization Size
    - 7.3.1.2.4. By Deployment Mode
    - 7.3.1.2.5. By Vertical
- 7.3.2. France Security Information and Event Management Software Market Outlook
  - 7.3.2.1. Market Size & Forecast
    - 7.3.2.1.1. By Value
  - 7.3.2.2. Market Share & Forecast
    - 7.3.2.2.1. By Component
    - 7.3.2.2.2. By Application
    - 7.3.2.2.3. By Organization Size
    - 7.3.2.2.4. By Deployment Mode
    - 7.3.2.2.5. By Vertical
- 7.3.3. United Kingdom Security Information and Event Management Software Market Outlook
  - 7.3.3.1. Market Size & Forecast
    - 7.3.3.1.1. By Value
  - 7.3.3.2. Market Share & Forecast
    - 7.3.3.2.1. By Component
    - 7.3.3.2.2. By Application
    - 7.3.3.2.3. By Organization Size
    - 7.3.3.2.4. By Deployment Mode
    - 7.3.3.2.5. By Vertical
- 7.3.4. Italy Security Information and Event Management Software Market Outlook
  - 7.3.4.1. Market Size & Forecast
    - 7.3.4.1.1. By Value
  - 7.3.4.2. Market Share & Forecast
    - 7.3.4.2.1. By Component
    - 7.3.4.2.2. By Application
    - 7.3.4.2.3. By Organization Size
    - 7.3.4.2.4. By Deployment Mode
    - 7.3.4.2.5. By Vertical
- 7.3.5. Spain Security Information and Event Management Software Market Outlook
  - 7.3.5.1. Market Size & Forecast
    - 7.3.5.1.1. By Value
  - 7.3.5.2. Market Share & Forecast
    - 7.3.5.2.1. By Component
    - 7.3.5.2.2. By Application
    - 7.3.5.2.3. By Organization Size
    - 7.3.5.2.4. By Deployment Mode
    - 7.3.5.2.5. By Vertical

8. Asia Pacific Security Information and Event Management Software Market Outlook

8.1. Market Size & Forecast
- 8.1.1. By Value
8.2. Market Share & Forecast
- 8.2.1. By Component
- 8.2.2. By Application
- 8.2.3. By Organization Size
- 8.2.4. By Deployment Mode
- 8.2.5. By Vertical
- 8.2.6. By Country
8.3. Asia Pacific: Country Analysis
- 8.3.1. China Security Information and Event Management Software Market Outlook
  - 8.3.1.1. Market Size & Forecast
    - 8.3.1.1.1. By Value
  - 8.3.1.2. Market Share & Forecast
    - 8.3.1.2.1. By Component
    - 8.3.1.2.2. By Application
    - 8.3.1.2.3. By Organization Size
    - 8.3.1.2.4. By Deployment Mode
    - 8.3.1.2.5. By Vertical
- 8.3.2. India Security Information and Event Management Software Market Outlook
  - 8.3.2.1. Market Size & Forecast
    - 8.3.2.1.1. By Value
  - 8.3.2.2. Market Share & Forecast
    - 8.3.2.2.1. By Component
    - 8.3.2.2.2. By Application
    - 8.3.2.2.3. By Organization Size
    - 8.3.2.2.4. By Deployment Mode
    - 8.3.2.2.5. By Vertical
- 8.3.3. Japan Security Information and Event Management Software Market Outlook
  - 8.3.3.1. Market Size & Forecast
    - 8.3.3.1.1. By Value
  - 8.3.3.2. Market Share & Forecast
    - 8.3.3.2.1. By Component
    - 8.3.3.2.2. By Application
    - 8.3.3.2.3. By Organization Size
    - 8.3.3.2.4. By Deployment Mode
    - 8.3.3.2.5. By Vertical
- 8.3.4. South Korea Security Information and Event Management Software Market Outlook
  - 8.3.4.1. Market Size & Forecast
    - 8.3.4.1.1. By Value
  - 8.3.4.2. Market Share & Forecast
    - 8.3.4.2.1. By Component
    - 8.3.4.2.2. By Application
    - 8.3.4.2.3. By Organization Size
    - 8.3.4.2.4. By Deployment Mode
    - 8.3.4.2.5. By Vertical
- 8.3.5. Australia Security Information and Event Management Software Market Outlook
  - 8.3.5.1. Market Size & Forecast
    - 8.3.5.1.1. By Value
  - 8.3.5.2. Market Share & Forecast
    - 8.3.5.2.1. By Component
    - 8.3.5.2.2. By Application
    - 8.3.5.2.3. By Organization Size
    - 8.3.5.2.4. By Deployment Mode
    - 8.3.5.2.5. By Vertical

9. Middle East & Africa Security Information and Event Management Software Market Outlook

9.1. Market Size & Forecast
- 9.1.1. By Value
9.2. Market Share & Forecast
- 9.2.1. By Component
- 9.2.2. By Application
- 9.2.3. By Organization Size
- 9.2.4. By Deployment Mode
- 9.2.5. By Vertical
- 9.2.6. By Country
9.3. Middle East & Africa: Country Analysis
- 9.3.1. Saudi Arabia Security Information and Event Management Software Market Outlook
  - 9.3.1.1. Market Size & Forecast
    - 9.3.1.1.1. By Value
  - 9.3.1.2. Market Share & Forecast
    - 9.3.1.2.1. By Component
    - 9.3.1.2.2. By Application
    - 9.3.1.2.3. By Organization Size
    - 9.3.1.2.4. By Deployment Mode
    - 9.3.1.2.5. By Vertical
- 9.3.2. UAE Security Information and Event Management Software Market Outlook
  - 9.3.2.1. Market Size & Forecast
    - 9.3.2.1.1. By Value
  - 9.3.2.2. Market Share & Forecast
    - 9.3.2.2.1. By Component
    - 9.3.2.2.2. By Application
    - 9.3.2.2.3. By Organization Size
    - 9.3.2.2.4. By Deployment Mode
    - 9.3.2.2.5. By Vertical
- 9.3.3. South Africa Security Information and Event Management Software Market Outlook
  - 9.3.3.1. Market Size & Forecast
    - 9.3.3.1.1. By Value
  - 9.3.3.2. Market Share & Forecast
    - 9.3.3.2.1. By Component
    - 9.3.3.2.2. By Application
    - 9.3.3.2.3. By Organization Size
    - 9.3.3.2.4. By Deployment Mode
    - 9.3.3.2.5. By Vertical

10. South America Security Information and Event Management Software Market Outlook

10.1. Market Size & Forecast
- 10.1.1. By Value
10.2. Market Share & Forecast
- 10.2.1. By Component
- 10.2.2. By Application
- 10.2.3. By Organization Size
- 10.2.4. By Deployment Mode
- 10.2.5. By Vertical
- 10.2.6. By Country
10.3. South America: Country Analysis
- 10.3.1. Brazil Security Information and Event Management Software Market Outlook
  - 10.3.1.1. Market Size & Forecast
    - 10.3.1.1.1. By Value
  - 10.3.1.2. Market Share & Forecast
    - 10.3.1.2.1. By Component
    - 10.3.1.2.2. By Application
    - 10.3.1.2.3. By Organization Size
    - 10.3.1.2.4. By Deployment Mode
    - 10.3.1.2.5. By Vertical
- 10.3.2. Colombia Security Information and Event Management Software Market Outlook
  - 10.3.2.1. Market Size & Forecast
    - 10.3.2.1.1. By Value
  - 10.3.2.2. Market Share & Forecast
    - 10.3.2.2.1. By Component
    - 10.3.2.2.2. By Application
    - 10.3.2.2.3. By Organization Size
    - 10.3.2.2.4. By Deployment Mode
    - 10.3.2.2.5. By Vertical
- 10.3.3. Argentina Security Information and Event Management Software Market Outlook
  - 10.3.3.1. Market Size & Forecast
    - 10.3.3.1.1. By Value
  - 10.3.3.2. Market Share & Forecast
    - 10.3.3.2.1. By Component
    - 10.3.3.2.2. By Application
    - 10.3.3.2.3. By Organization Size
    - 10.3.3.2.4. By Deployment Mode
    - 10.3.3.2.5. By Vertical

11. Market Dynamics

11.1. Drivers
11.2. Challenges

12. Market Trends & Developments

12.1. Merger & Acquisition (If Any)
12.2. Product Launches (If Any)
12.3. Recent Developments

13. Global Security Information and Event Management Software Market: SWOT Analysis

14. Porter's Five Forces Analysis

14.1. Competition in the Industry
14.2. Potential of New Entrants
14.3. Power of Suppliers
14.4. Power of Customers
14.5. Threat of Substitute Products

15. Competitive Landscape

15.1. IBM Corporation
- 15.1.1. Business Overview
- 15.1.2. Products & Services
- 15.1.3. Recent Developments
- 15.1.4. Key Personnel
- 15.1.5. SWOT Analysis
15.2. Splunk, Inc.
15.3. Fortinet, Inc.
15.4. LogRhythm, Inc.
15.5. Rapid7, Inc.
15.6. Exabeam, Inc.
15.7. Securonix, Inc.
15.8. Fortra, LLC
15.9. Graylog, Inc.
15.10. Open Text Corporation