Global Security Information and Event Management Market - Analysis, Trends and Forecast 2015 - 2023

Security information and event management (SIEM) gives a real-time analysis of security alerts which are generated in organizations IT infrastructure network application and hardware. SIEM refers to software and product services which combines security event management (SEM) and security information management (SIM). The risk of cyber attack and security breaches is expected to increase in IT industry in coming years for obtaining critical information in banks and IT companies. SIEM helps to track and analyze the security with the help of functions such as SEM and SIM. These help the organizations to adhere to legal compliance requirements to protect its IT system in future. SIM helps to collect logs from organization’s IT infrastructure and store it in a centralized security database. SEM helps to consolidate the logs in security database and allows real time analysis of security related events for organizations and to take necessary security steps. Log is created across IT infrastructure including network devices, database, workstations and security appliances.

Browse the full Report at:http://www.transparencymarketresearch.com/security-information-event-management-market.html

SIEM has become vital for running a business flawlessly. The SIEM software permits its end-users to execute event forensics in case of a security breach by analyzing particular log for that event. The SIEM solution permits separating the core cause of a breach, failure, threat or any non-compliant activity. SIEM solution are being deployed by rising number of organizations not only for regulatory compliance but also for threat management by monitoring and detecting early security breach in an IT system. Currently, organizations fail to succeed in identifying the targeted attacks and compliance breaches. It can be met by improved and enhanced threat intelligence. Therefore, in order to better utilize real-time monitoring, organizations are trying to expand their SIEM deployments over a long period of time. SIEM vendors have started focusing on expansion of technology deployments with new as well as existing customer accounts and showcasing their product as a platform by offering security and application analytics.

Some of the key factors responsible for the growth of SIEM market in coming years include rising level of sophistication in cybercrimes and growing compliance and regulatory mandates. However, the high deployment cost and scalability of SIEM solutions may decrease the growth of market.

The SIEM market can be briefly segmented into solutions, services, verticals and geography. The solution segment includes log and event management, patch management and firewall security management. The services segment includes consulting, support and integration. SIEM finds its application in government, banking, financial services and insurance (BFSI), telecom and IT, retail and hospitality, energy and utility, healthcare, education and academia among others. The segmentation in terms of geographical regions includes North America, Asia-Pacific, Europe and Rest of the World (RoW). The SIEM market is expected to witness entry of new players in coming years due to its growing importance in improving security of organization IT Infrastructure.

Some of the key players in security information and event management market include Assuria Ltd., The International Business Machines Corporation, Hewlett-Packard Company, McAfee Inc, LogRhythm Inc, Splunk Inc, SolarWinds Inc, Trustwave Holdings and TIBCO Software Inc and EMC Corporation.

Get Free sample Report:http://www.transparencymarketresearch.com/sample/sample.php?flag=b&rep_id=5534

This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. Geographies analyzed under this research report include

North America

Asia Pacific

Europe

Middle East and Africa

Latin America

This report provides comprehensive analysis of

Market growth drivers

Factors limiting market growth

Current market trends

Market structure

Market projections for upcoming years

This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.

Reasons for Buying this Report

This report provides pin-point analysis for changing competitive dynamics

It provides a forward looking perspective on different factors driving or restraining market growth

It provides a six-year forecast assessed on the basis of how the market is predicted to grow

It helps in understanding the key product segments and their future

It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors

It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments

It provides distinctive graphics and exemplified SWOT analysis of major market segments

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insights for decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, TMR employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact

Mr. Nachiket Ghumare

90 State Street Suite 700

Albany NY 12207

Tel: +1-518-618-1030

USA - Canada Toll Free: 866-552-3453

Email: sales@transparencymarketresearch.com

Website: http://www.transparencymarketresearch.com