How big is the Security Information And Event Management Market?

The Security Information And Event Management Market size is expected to reach USD 9.61 billion in 2024 and grow at a CAGR of 12.16% to reach USD 17.07 billion by 2029. Read More

What is the current Security Information And Event Management Market size?

In 2024, the Security Information And Event Management Market size is expected to reach USD 9.61 billion. Read More

Who are the key players in Security Information And Event Management Market?

IBM Corporation, Splunk Inc., Fortinet Inc., LogRhythm Inc. and McAfee LLC are the major companies operating in the Security Information And Event Management Market. Read More

Which is the fastest growing region in Security Information And Event Management Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Security Information And Event Management Market?

In 2024, the North America accounts for the largest market share in Security Information And Event Management Market. Read More

What years does this Security Information And Event Management Market cover, and what was the market size in 2023?

In 2023, the Security Information And Event Management Market size was estimated at USD 8.44 billion. The report covers the Security Information And Event Management Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Security Information And Event Management Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Security Information and Event Management Market

Security Information and Event Management Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers the Growth of the Security Information and Event Management Market. It is Segmented by Deployment (On-Premise, Cloud), Organization Type (Small and Medium Enterprises, Large Enterprises), End-user Industry (Retail, Bfsi, Manufacturing, Government, Healthcare, Other End-User Industries), And Geography (North America (United States, Canada), Europe (Germany, United Kingdom, France), Asia-pacific (China, Japan, India, Australia and New Zealand), Latin America (Brazil, Argentina), And Middle East and Africa (United Arab Emirates)). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

Security Information And Event Management Industry Overview

The security information and event management market is fragmented and dominated by the major players. Some major market players are IBM Corporation, Splunk Inc., Fortinet Inc., LogRhythm Inc., and McAfee LLC. The various ongoing acquisitions and innovations are leading to the market's growth. In addition, SIEM providers are forming partnerships with different end-user companies and developing customized solutions to increase their market share.

In February 2024, Gem Security announced the integration of Gem Security with QRadar, IBM Security's leading security information and event management (SIEM) platform. Gem Security's QRadar integration is designed to help customers streamline their security operations and improve their incident response capabilities. Gem Security integrates with QRadar to provide consolidated detection, alerts, and response capabilities within QRadar's leading SIEM technology.
In November 2023, LogRhythm Inc. announced the expansion of its R&D facilities in India, a move aimed at bolstering cyber resilience in the region.