global Security Information and Event Management (SIEM) Market size is expected to grow from USD 4.2 billion in 2020 to USD 5.5 billion by 2025, at a CAGR of 5.5% during the forecast period. The need for continuous monitoring and incident response, adhering to compliance requirements, gaining and maintaining certifications, and managing and retaining logs are the primary factors to drive the demand for the SIEM market during the forecast period.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=183343191

Market Players

The major vendors covered in the SIEM market include SolarWinds (US), IBM (US), Micro Focus (UK), Rapid7 (US), RSA (US), McAfee (US), Splunk (US), ManageEngine (US), LogRhythm (US), Sumo Logic (US), Exabeam (US), Securonix (US), Alert Logic (US), Graylog (US), BlackStratus (US), AlienVault (US), Fortinet (US), LogPoint (Europe), Gurucul (US), and Cygilant (US).

By component, the solution segment to hold a larger market size in 2020

The SIEM solution collects and examines log and event data that is generated by host systems, security devices, and applications throughout organizations’ infrastructure, and collates it on a centralized platform. It helps organizations investigate their event logs, thereby maintaining privacy and security across their network infrastructure. The solution further assists organizations in preventing data losses and automatically controlling or encrypting sensitive data across networks. The alerts generated from the SIEM solution are crucial for organizations’ ecosystem. These alerts can be set as either low or high priority using a set of pre-defined rules.

By application, the log management and reporting segment to grow at the highest CAGR during the forecast period

The significance of Log Management is due to the several key features of Log Management Tools offered by the key market players. Some of the features of log management tools are monitoring the critical activities of employees, identifying remedy issues, selecting event log retrieval technologies, the monitoring of logs virtually, aggregating logs in a central location, performing security checks with SIEM and searches across logs, working with multiple formats, and reading the logs.

Get sample of report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=183343191

Asia Pacific security information and event management market to grow at highest CAGR during the forecast period

Asia Pacific (APAC) comprises mixed economies, such as Australia, India, and Japan, with a developed network infrastructure. Large enterprises and Small and Medium-sized Enterprises (SMEs) in APAC countries are admitting the significance of data usage and security. APAC houses several established SMEs, which are growing at an exponential rate to cater to their broad customer base. Machine learning (ML), Internet of Things (IoT), big data analytics, and Artificial Intelligence (AI) are the emerging methodologies that are being deployed in this region. Organizations are transforming their businesses to cloud to increase their productivity and business performance.

About MarketsandMarkets

MarketsandMarkets provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Aashish Mehra

MarketsandMarkets INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: 1-888-600-6441

Email: [email protected]