Security Information and Event Management (SIEM) Market Research and Forecast Report 2024-2032
                     Global Security Information 
and Event Management 
(SIEM) Market Research and 
Forecast Report 2024-2032
Format: PDF+EXCEL
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In ternat ional  Market  Analys is  Research and Consul t ing Group is  a leading adv iser  on management  
s t rategy and market  research wor ldwide.  We par tner  wi th c l ients  in  a l l  regions and indust ry  
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are at  the top of  the company’s  exper t ise.
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las t ing resul ts .
A c c o r d i n g  t o  t h e  l a t e s t  r e p o r t  b y  I M A R C  G r o u p ,  t i t l e d  " S e c u r i t y  In f o r m a t i o n  a n d  E v e n t  
M a n a g e m e n t  ( S I E M )  M a r k e t :  G lo b a l  In d u s t r y  T r e n d s ,  S h a r e ,  S i z e ,  G r o w t h ,  O p p o r t u n i t y  
a n d  F o r e c a s t  2 0 2 4 - 2 0 3 2 , "  t h e  g l o b a l  s e c u r i t y  i n f o r m a t i o n  a n d  e v e n t  m a n a g e m e n t  ( S IE M)  
m a r k e t  s i z e  r e a c h e d  U S $  5 . 8  B i l l i o n  i n  2 0 2 3 .
F a c to rs  A f f e c t in g  th e  G ro w th  o f  th e  S e c u r i ty  In fo rma t io n  a n d  E v e n t  M a n a g e me n t  
Report (S IE M)  In d u s t ry :
R is in g  C y b e rs e c u r i t y  T h re a ts :
Highlight and T h e  r i s i n g  c y b e r s e c u r i t y  b r e a c h e s  t o  s t e a l  v a r i o u s  c o n f i d e n t i a l  d a t a  r e p r e s e n t  o n e  o f  t h e  c r u c i a l  f a c t o r s  i m p e l l i n g  t h e  g r o w th  o f  t h e  m a r k e t .  I n s i d e r  t h r e a t s ,  w h e t h e r  i n t e n t i o n a l  o r  
u n i n t e n t i o n a l ,  p o s e  a  s i g n i f i c a n t  r i s k .  E m p l o y e e s  o r  i n d i v i d u a l s  w i t h  a c c e s s  t o  s e n s i t i v e  
Description i n f o r m a t i o n  m a y  c o m p r o m i s e  s e c u r i t y  e i t h e r  m a l i c i o u s l y  o r  i n a d v e r t e n t l y .  T h e  i n c r e a s i n g  o c c u r r e n c e  a n d  s e v e r i t y  o f  c y b e r s e c u r i t y  b r e a c h e s  a r e  e l e v a t i n g  t h e  
i m p o r t a n c e  o f  r o b u s t  s e c u r i t y  m e a s u r e s ,  p o s i t i o n i n g  S I E M  s o l u t i o n s  a s  a  v i t a l  c o m p o n e n t  
i n  t h e  c y b e r s e c u r i t y  s t r a t e g y  o f  a n  o r g a n i z a t i o n .  T h r e a t  a c t o r s  a r e  e m p l o y i n g  a d v a n c e d  
t e c h n i q u e s ,  s u c h  a s  r a n s o m w a r e ,  z e r o - d a y  e x p l o i t s ,  a n d  s u p p l y  c h a i n  a t t a c k s ,  
n e c e s s i t a t i n g  S I E M  p l a t f o r m s  t o  a d a p t  a n d  e v o l v e  t o  c o u n te r  t h e s e  e v o l v i n g  t h r e a t s  
e f f e c t i v e l y .
Regulatory  Compl iance:
A g r ow ing  em phas is  on  r eg u la t o r y  co m p l ia nce  i s  an o t he r  s i g n i f i can t  d r i ve r  
i n f l ue nc ing  t h e  S I EM  m ar k e t .  G ove r n m en t s  and  i nd us t r y  r e gu la t o r s  w o r ldw ide  a r e  
enac t i ng  s t r i ng en t  d a t a  p r o t ec t i on  a nd  p r i va cy  r e gu la t i ons ,  co m pe l l i ng  com pan i es  t o  
Report im p le m en t  com pr e hens i ve  se cu r i t y  p r o cess es  t o  p r o t ec t  sens i t i ve  da t a .  S I E M  so lu t i ons  p la y  a  c r uc ia l  r o le  i n  he lp ing  o r g an i za t i ons  dem ons t r a t e  co m p l i an ce  
w i t h  va r i o us  r e gu la t i ons  by  p r ov id ing  co m pr e hen s i ve  au d i t  t r a i l s ,  r e a l - t i m e  
Highlight and m on i t o r i ng ,  an d  i nc ide n t  r es ponse  capa b i l i t i es .  M or e ove r ,  as  r eg u la t o r y  f r am ewor ks  
con t i nue  t o  e vo l ve ,  t he  d em a nd  f o r  S I EM  so lu t i on s  t ha t  f ac i l i t a t e  com p l i an ce  w i l l  
l i ke l y  see  con t in ued  g r ow t h .
Description Technologica l  Advancements:
The  r i s i ng  t ec hno log i ca l  adv ancem en t s  in  s o f t w a r e  deve lopm en t  p r oc edu r es  a r e  
p r op e l l i ng  t he  g r o w t h  o f  t h e  m ar k e t .  Th e  ad d i t i on  o f  a r t i f i c i a l  i n t e l l i g ence  ( A I )  a nd  
m ac h ine  l ea r n in g  ( M L )  i n t o  S I EM  so lu t i o ns  i s  s i g n i f i can t l y  enh anc in g  t he i r  capab i l i t y  
t o  d e t ec t  and  r esp ond  t o  s oph is t i ca t e d  cy be r  t h r ea t s .
These  techno log ies  enab le  S IEM p la t fo rms to  ana lyze  vas t  amounts  o f  da ta  in  
rea l - t ime ,  ana lyz ing  pa t te rns  and  anomal ies  tha t  m igh t  go  unno t i ced  by  
t rad i t i ona l  secur i t y  measu res .  Moreover ,  as  o rgan iza t ions  s t r i ve  to  s tay  ahead  
o f  cyber  adversar ies ,  t he  adop t ion  o f  cu t t ing -edge  techno log ies  rema ins  a  
p ivo ta l  f ac to r  i n  shap ing  the  S IEM marke t .
Report 
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Highlight and ques tsamp le
Description
Report Description
Global  Securi ty  Information and Event Management (SIEM) Market Trends:
Secur i t y  orchest ra t ion,  au tomat ion ,  and response (SOAR)  techno log ies  a re  ga in ing p rominence as  
organ iza t ions seek to  s t reaml ine  the i r  cybersecur i t y  operat ions.  The  in tegra t ion  o f  S IEM wi th  SOAR p la t fo rms 
enhances the overa l l  secur i t y  pos ture  by  au tomat ing  response  ac t ions  to  secur i t y  inc iden ts .  
Th is  in tegra t ion  not  on ly  acce lera tes  inc ident  response  t imes  bu t  a lso  reduces the  burden on  cybersecur i ty  
teams,  a l lowing  them to  focus on numerous complex tasks.  Moreover ,  as  o rgan iza t ions  recogn ize the  benef i ts  
o f  a  cohes ive  secur i t y  in f ras t ruc ture ,  the  in tegra t ion o f  S IEM wi th  SOAR is  expected  to  be  a  key t rend  shap ing  
the  fu ture  o f  cybersecur i t y  opera t ions .
Looking forward ,  the  market  to  reach US$ 14 .0  Bi l l ion  by 2032,  exhib i t ing  a  growth  ra te  (CAGR)  of  10% 
during  2024-2032.
View Report  TOC,  F igures  and Tables :  
ht tps: / /www. imarcgroup.com/securi ty- in format ion-event -management -market
Breakup by Component:
• Solut ion
• Services
Breakup by Deployment Mode:
• On-premises
• Cloud-based
Report 
Breakup by Organization Size:
Segmentation
• Smal l  and Medium-sized Enterpr ises
• Large Enterprises
Breakup by Application:
• Log Management and Report ing
• Threat Intel l igence
• Secur i ty Analyt ics
• Others
Breakup by Industry Vertical:
• BFSI
• Government
• IT  and Telecom
• Manufactur ing
• Healthcare
• Retai l
Report • Energy and Ut i l i t ies
Segmentation • Others
Breakup by Region:
• North America
• Asia-Pacifi c
• Europe
• Lat in Amer ica
• Middle East  and Afr ica
• AT&T Inc.
• Exabeam, Inc.
• Fort inet,  Inc.
• Hewlett  Packard Enterprise Development LP
Competitive • Internat ional  Business Machines Corporat ion
Landscape • Logpoint A/S
• Logrhythm, Inc.
with Key 
• McAfee Corp.
Players • Micro Focus Internat ional  plc
• Solarwinds Corporat ion
• Splunk Inc.
• Trend Micro Inc.
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?
Key 
What are the key factors driving the global Security 
Questions Information and Event Management (SIEM) market?
Answered in What has been the impact of COVID-19 on the 
global Security Information and Event Management 
(SIEM) market?
the Report
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?
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?
Key 
Questions What are the key regions in the global Security 
Information and Event Management (SIEM) 
market?
Answered in 
the Report Who are the key players/companies in the global 
Security Information and Event Management 
(SIEM) market?
1     P r e f a c e
2     S c o p e  a n d  M e t h o d o l o g y
    2 . 1     O b j e c t i v e s  o f  t h e  S t u d y
    2 . 2     S t a k e h o l d e r s
    2 . 3     D a t a  S o u r c e s
        2 . 3 . 1     P r i m a r y  S o u r c e s
        2 . 3 . 2     S e c o n d a r y  S o u r c e s
    2 . 4     M a r k e t  E s t i m a t i o n
        2 . 4 . 1     B o t t o m - U p  A p p r o a c h
Table of         2 . 4 . 2     T o p - D o w n  A p p r o a c h    2 . 5     F o r e c a s t i n g  M e t h o d o l o g y
3     E x e c u t i v e  S u m m a r y
4     I n t r o d u c t i o n
    4 . 1     O v e r v i e w
Contents     4 . 2     K e y  I n d u s t r y  T r e n d s5     G l o b a l  S e c u r i t y  I n f o r m a t i o n  a n d  E v e n t  M a n a g e m e n t  ( S I E M )  M a r k e t
    5 . 1     M a r k e t  O v e r v i e w
    5 . 2     M a r k e t  P e r f o r m a n c e
    5 . 3     I m p a c t  o f  C O V I D - 1 9
    5 . 4     M a r k e t  F o r e c a s t
6      M a r k e t  B r e a k u p  b y  C o m p o n e n t
    6 . 1     S o l u t i o n
        6 . 1 . 1  M a r k e t  T r e n d s
        6 . 1 . 2  M a r k e t  F o r e c a s t
    6 . 2     S e r v i c e s
        6 . 2 . 1  M a r k e t  T r e n d s
        6 . 2 . 2  M a r k e t  F o r e c a s t
7    M a r k e t  B r e a k u p  b y  D e p l o y m e n t  M o d e
    7 . 1     O n - p r e m i s e s
        7 . 1 . 1  M a r k e t  T r e n d s
        7 . 1 . 2  M a r k e t  F o r e c a s t
       
    7 . 2     C l o u d - b a s e d
        7 . 2 . 1  M a r k e t  T r e n d s
        7 . 2 . 2  M a r k e t  F o r e c a s t
8    M a r k e t  B r e a k u p  b y  O r g a n i z a t i o n  S i z e
    8 . 1     S m a l l  a n d  M e d i u m - s i z e d  E n t e r p r i s e s
        8 . 1 . 1  M a r k e t  T r e n d s
        8 . 1 . 2  M a r k e t  F o r e c a s t
    8 . 2     L a r g e  E n t e r p r i s e s
        8 . 2 . 1  M a r k e t  T r e n d s
        8 . 2 . 2  M a r k e t  F o r e c a s t
9    M a r k e t  B r e a k u p  b y  A p p l i c a t i o n
    9 . 1     L o g  M a n a g e m e n t  a n d  R e p o r t i n g
Table of         9 . 1 . 1  M a r k e t  T r e n d s        9 . 1 . 2  M a r k e t  F o r e c a s t
    9 . 2     T h r e a t  I n t e l l i g e n c e
        9 . 2 . 1  M a r k e t  T r e n d s
Contents         9 . 2 . 2  M a r k e t  F o r e c a s t    9 . 3     S e c u r i t y  A n a l y t i c s
        9 . 3 . 1  M a r k e t  T r e n d s
        9 . 3 . 2  M a r k e t  F o r e c a s t
    9 . 4     O t h e r s
        9 . 4 . 1  M a r k e t  T r e n d s
        9 . 4 . 2  M a r k e t  F o r e c a s t
1 0   M a r k e t  B r e a k u p  b y  I n d u s t r y  V e r t i c a l
    1 0 . 1     B F S I
        1 0 . 1 . 1  M a r k e t  T r e n d s
        1 0 . 1 . 2  M a r k e t  F o r e c a s t
      10 . 2      G o v e rn m e n t
            1 0 . 2 . 1  M a r ke t  Tren d s
            1 0 . 2 . 2  M a r ke t  Fo re ca s t
F o r  m o r e  i n f o r m a t i o n ,  v i s i t :  
h t t p s : / / w w w. im a rcg ro u p . co m / s e cu r i t y - i n f o rm a t i o n - e v en t - m a n a ge
m en t - m a r ke t / t o c
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