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Global Security Information and Event Management (SIEM) Market Size, Industry Trends, Share and Forecast 2019-2025

The global security information and event management (SIEM) market is growing significantly, at a CAGR of around 6.5% during the forecast period (2019-2025). SIEM software that analyses the security alerts and gives enterprise security from cyberattacks.

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Global Security Information and Event Management (SIEM) Market Size, Industry Trends, Share and Forecast 2019-2025

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  1. Orion Market Research Global Security Information and Event Management (SIEM) Market, Size, Share, Analysis Report & Forecast to 2025 Request a Free Sample of our Global Security Information and Event Management (SIEM) Market: https://www.omrglobal.com/request-sample/security-information-event-management-market Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 780-304-0404

  2. The global security information and event management (SIEM) market is projected to exhibit a CAGR of around 6.5%, during the forecast period. Data security and privacy have a significant role in enterprises that aids in preventing unauthorized access to computers, websites, and databases. However, the concerns regarding data security and privacy have been rising significantly owing to the abundant amount of unprotected data and poor cybersecurity. Data loss is a major concern for businesses of all sizes as it results in losing money and time to recover information which is vital for every business. It can disrupt the everyday operations of any business. A full Report of Global Security Information and Event Management (SIEM) Market is Available at: https://www.omrglobal.com/industry-reports/security-information-event-management-market The Global Data Protection Index by Dell EMC has surveyed 2,200 IT decision-makers from 18 countries in 2018. Of these, 76% experienced a disruption and 27% experienced irreparable data loss in 2018, which was around double of 14% in 2016. However, the system downtime is a problem, the loss of data is particularly expensive. On average, 20 hours of downtime cost businesses $494,869. Further, the average data loss of 2.04 terabytes costs nearly $939,703. As it costs high to enterprises, the companies are moving towards data protection solutions for proper and reliable management of data. Request a Free Sample of our Global Security Information and Event Management (SIEM) Market: https://www.omrglobal.com/request-sample/security-information-event-management-market For instance, on average, organizations managed 9.70 petabyte (PB) of data in 2018, which signifies an explosive growth of 569% as compared to 1.45 PB managed in 2016. Further, 92% of businesses across the globe realize the potential value of data, with 36% already monetizing it. According to the survey, the use of the public cloud has increased from 28% of the total IT environment in respondents’ organizations in 2016 to 40% in 2018. Nearly all (98%) organizations are using the public cloud as a part of data protection infrastructure. This, in turn, is expected to propel the SIEM market growth across the globe. The major uses for data protection within the public cloud include backup/snapshot services to protect workloads developed in the public cloud using new application architectures (41%), backup of on- premises workloads/data (41%) and protecting specific SaaS apps (40%). In addition, cloud-enabled versions of on-premises data protection software to protect public cloud workloads (40%) and backup/snapshot services to protect workloads are developed in the public cloud using legacy application architectures (38%). This represents that enterprises are now recognizing the full potential of data protection, which in turn, is contributing to the increasing demand for SIEM solutions and services. Global Security Information and Event Management Market-Segmentation By Deployment Mode • • On-Premises Cloud By Solution • Log and Event Management

  3. • • Security Analytics Threat Intelligence Others By Vertical • • • • • BFSI Government IT & Telecom Healthcare Others Global Security Information and Event Management Market– Segment by Region North America • • United States Canada Europe • • • • • • Germany UK France Spain Italy Rest of Europe Asia-Pacific • • • • China Japan India Rest of Asia-Pacific Rest of the World Company Profiles •Alert Logic, Inc. •AT&T Inc. •BlackStratus •Exabeam, Inc. •Fortinet, Inc. •Graylog

  4. •Gurucul •IBM Corp. •Ignite Technologies, Inc. •LogPoint A/S •LogRhythm, Inc. •ManageEngine (Zoho Corp.) •McAfee, LLC •Micro Focus International PLC •Microsoft Corp. •Rapid7 LLC •RSA Security LLC (Dell Inc.) •Securonix, Inc. •SolarWinds Worldwide, LLC •Splunk Inc. •Sumo Logic, Inc. For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report- customization/security-information-event-management-market About Orion Market Research Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research- based services. For More Information, Visit Orion Market Research Media Contact: Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 7803040404

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