Global security information and event management Market Research Report 2018-2026
Summary - A new market study, titled “Global security information and event management market Industry Analysis and Forecast (2018-2026) ” has been featured on WiseGuyReports.
Global security information and event management market was
valued at US$ 1.96 Bn in 2017 and is expected to reach US$ 4.30 Bn by 2026, at
a CAGR of 10.32% during a forecast period.
Security information and event management market includes
products designed to collect data from different sources to identify patterns
of events that might signify misuse of critical data, failure, invasion, or
attack on systems
The increasing level of sophistication in cybercrimes and rising
compliance and regulatory mandates are the major driving factors for the
security information and event management market growth. Security information
and event management market provide better threat intelligence, better
analytics, and behavior profiling which in turn aids to detect the breaches
early and take required preventive actions. However, the high deployment cost
and scalability of security information and event management market solutions
may reduce the growth of the market.
The objective of the report is to present a comprehensive
assessment of the market and contains thoughtful insights, facts, historical
data, industry-validated market data and projections with a suitable set of
assumptions and methodology. The report also helps in understanding security
information and event management market dynamics, structure by identifying and
analyzing the market segments by product, enterprise size, vertical, and region
and, project the global market size. Further, the report also focuses on the
competitive analysis of key players by product, price, financial position,
product portfolio, growth strategies, and regional presence. The report also
provides PEST analysis, PORTER’s analysis, SWOT analysis to address the
question of shareholders to prioritizing the efforts and investment in near
future to a particular market segment.
The retail segment is estimated to witness highest market growth
owing to increasing concern over the security of e-commerce data and in-store
financial and personal information about customers. BFSI is also one of the
largest consumers of security information and event management products,
followed by IT & telecom vertical.
Large enterprises are the major consumers of security
information and event management products and the market was expected to be
around US$ 1.20 billion in 2017. However, a small enterprise is projected to
grow at the highest growth rate during the forecast period due to its wide
acceptance and augmented product offerings from the vital market players.
North America is estimated to the largest market share in the
security information and event management market owing to the advancements made
in technology and rapid developments. The Asia Pacific is also having ample
involvement in the global security information and event management market
share due to enterprise mobility, growing penetration of smartphones, laptops,
and tablets. Moreover, the development of high-speed connectivity and major
rising ICT expenditure in the region.
Some of the key players in the global security information and event management
market are LogRhythm, Inc, Symantec Corporation, Dell EMC, Hewlett Packard
Enterprise Company, IBM Corporation, McAfee LLC., SolarWinds, Inc., Splunk,
Inc., Trend Micro, Inc., and Trustwave Holdings Inc.
Scope of the Global Security Information and Event Management Market
Global Security Information and Event Management Marketby Product
Solution
Services
Global Security Information and Event Management Market by Enterprise Size
Large
Medium
Small
Global Security Information and Event Management Market by Vertical
BFSI
Government
IT & Telecom
Healthcare
Retail
Utilities
Others
Global Security Information and Event Management Market by Geography
North America
Europe
Asia-Pacific
Middle East & Africa
South America
Key Players operating in the Global Security Information and Event Management
Market
IBM
Hewlett Packard
McAfee
LogRhythm
Splunk
AlienVault
BlackStratus
EventTracker
Dell Technologies
Fortinet
Micro Focus
SolarWinds
Symantec
Tenable Network Security
TIBCO Software
Trustwave
ZOHO Corp
Trend Micro, Inc.
FOR MORE
DETAILS: https://www.wiseguyreports.com/reports/3925811-global-security-information-and-event-management-market-industry
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