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. More Info:- https://www.imarcgroup.com/security-information-event-management-market

1. Global Security Information
and Event Management
(SIEM) Market Research
and Forecast Report 2024-
2032
Format: PDF+EXCEL
© 2023 IMARC All Rights Reserved

2. About IMARC Group
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3. Report Highlight
and Description
According to the latest report by IMARC Group, titled "Security Information
and Event Management (SIEM) Market: Global Industry Trends, Share, Size,
Growth, Opportunity and Forecast 2024-2032," the global security
information and event management (SIEM) market size reached US$ 5.8 Billion
in 2023.
Factors Affecting the Growth of the Security Information and Event
Management (SIEM) Industry:
Rising Cybersecurity Threats:
The rising cybersecurity breaches to steal various confidential data represent
one of the crucial factors impelling the growth of the market. Insider threats,
whether intentional or unintentional, pose a significant risk. Employees or
individuals with access to sensitive information may compromise security
either maliciously or inadvertently.
The increasing occurrence and severity of cybersecurity breaches are elevating
the importance of robust security measures, positioning SIEM solutions as a
vital component in the cybersecurity strategy of an organization. Threat actors
are employing advanced techniques, such as ransomware, zero-day exploits,
and supply chain attacks, necessitating SIEM platforms to adapt and evolve to
counter these evolving threats effectively.

4. Report Highlight
and Description
Regulatory Compliance:
A growing emphasis on regulatory compliance is another significant driver
influencing the SIEM market. Governments and industry regulators worldwide
are enacting stringent data protection and privacy regulations, compelling
companies to implement comprehensive security processes to protect sensitive
data.
SIEM solutions play a crucial role in helping organizations demonstrate
compliance with various regulations by providing comprehensive audit trails,
real-time monitoring, and incident response capabilities. Moreover, as
regulatory frameworks continue to evolve, the demand for SIEM solutions that
facilitate compliance will likely see continued growth.
Technological Advancements:
The rising technological advancements in software development procedures
are propelling the growth of the market. The addition of artificial intelligence
(AI) and machine learning (ML) into SIEM solutions is significantly enhancing
their capability to detect and respond to sophisticated cyber threats.

5. Report Highlight
and Description
These technologies enable SIEM platforms to analyze vast amounts of data in
real-time, analyzing patterns and anomalies that might go unnoticed by
traditional security measures. Moreover, as organizations strive to stay ahead
of cyber adversaries, the adoption of cutting-edge technologies remains a
pivotal factor in shaping the SIEM market.
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market/requestsample

6. Report Description
Global Security Information and Event Management (SIEM) Market Trends:
Security orchestration, automation, and response (SOAR) technologies are gaining prominence as organizations
seek to streamline their cybersecurity operations. The integration of SIEM with SOAR platforms enhances the
overall security posture by automating response actions to security incidents.
This integration not only accelerates incident response times but also reduces the burden on cybersecurity teams,
allowing them to focus on numerous complex tasks. Moreover, as organizations recognize the benefits of a
cohesive security infrastructure, the integration of SIEM with SOAR is expected to be a key trend shaping the
future of cybersecurity operations.
Looking forward, the market to reach US$ 14.0 Billion by 2032, exhibiting a growth rate (CAGR) of 10%
during 2024-2032.
View Report TOC, Figures and Tables: https://www.imarcgroup.com/security-information-event-
management-market

7. Report
Segmentation
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

8. Report
Segmentation
Breakup by Industry Vertical:
• BFSI
• Government
• IT and Telecom
• Manufacturing
• Healthcare
• Retail
• Energy and Utilities
• Others
Breakup by Region:
• North America
• Asia-Pacific
• Europe
• Latin America
• Middle East and Africa

9. Competitive
Landscape with
Key Players
• 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.
• Trend Micro Inc.

10. Key Questions
Answered in
the Report
What was the size of the global Security Information and
Event Management (SIEM) market in 2023?
What is the expected growth rate of the global Security
Information and Event Management (SIEM) market during
2024-2032?
What are the key factors driving the global Security
Information and Event Management (SIEM) market?
What has been the impact of COVID-19 on the global Security
Information and Event Management (SIEM) market?
What is the breakup of the global Security Information and
Event Management (SIEM) market based on the component?
What is the breakup of the global Security Information and
Event Management (SIEM) market based on the deployment
mode?

11. Key Questions
Answered in
the Report
What is the breakup of the global Security Information and
Event Management (SIEM) market based on organization
size?
What is the breakup of the global Security Information and
Event Management (SIEM) market based on the industry
vertical?
What are the key regions in the global Security Information
and Event Management (SIEM) market?
Who are the key players/companies in the global Security
Information and Event Management (SIEM) market?

12. 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 Mark et Trends
6.1.2 Mark et Forecast
6.2 Services
6.2.1 Mark et Trends
6.2.2 Mark et Forecast
7 Market Breakup by Deployment Mode
7.1 On-premises
7.1.1 Mark et Trends
7.1.2 Mark et Forecast

13. Table of
Contents
7.2 Cloud-based
7.2.1 Market Trends
7.2.2 Mark et Forecast
8 Market Breakup by Organization Size
8.1 Small and Medium -sized Enterprises
8.1.1 Mark et Trends
8.1.2 Mark et Forecast
8.2 Large Enterprises
8.2.1 Mark et Trends
8.2.2 Mark et Forecast
9 Market Breakup by Application
9.1 Log Management and Reporting
9.1.1 Mark et Trends
9.1.2 Mark et Forecast
9.2 Threat Intelligence
9.2.1 Mark et Trends
9.2.2 Mark et Forecast
9.3 Security Analytics
9.3.1 Mark et Trends
9.3.2 Mark et Forecast
9.4 Others
9.4.1 Mark et Trends
9.4.2 Mark et Forecast
10 Market Breakup by Industry Vertical
10.1 BFSI
10.1.1 Mark et Trends
10.1.2 Mark et Forecast
10.2 Government
10.2.1 Mark et Trends
10.2.2 Market Forecast
For more information, visit :
https://www.imarcgroup.com/security -information-event-
management-market/toc

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