Pune, India -- (SBWIRE) -- 02/27/2019 -- Security Information and Event Management Market or SIEM market comprises products designed to collect data from several sources to identify patterns of events that might signify misuse of critical data, failure, intrusion, or attack on systems.

Event finding and correlation simplifies and speedup the network event monitoring by consolidating error logs and alerts into an integrated solution. The market contains events such as collection and storage of the data log, collection & dissemination of threat intelligence, provision of information on countermeasures, and initial warning threat services. The SIEM market is driven by regulatory compliances related to IT security and increase in concerns for cyber-attacks and external & internal threats that are expected to harm the data.

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Top Companies Profiled in this Report includes: Dell EMC, Hewlett Packard Enterprise Company, IBM Corporation, LogRhythm Inc, McAfee LLC., SolarWinds Inc., Splunk Inc., Symantec Corporation, Trend Micro Inc., Trustwave Holdings Inc. others.

IT security has come to be a crucial issue for all organizations regardless of their industry and size. Customers request for security management system that is well included with the IT infrastructure of the company and provides efficient performance at the affordable price. SIEM provides threat, log, and event management at an reasonable cost and with a unified solution to simplify the complexity of managing multiple security solutions with high productivity.

The worldwide SIEM market is segmented based on product, enterprise size, vertical, and geography. Established on product, it is bifurcated into solution and services. As on enterprise size, it is divided into large enterprise, medium enterprise, and small enterprise. Built on vertical, it is categorized into banking, financial services, and insurance (BFSI); government; IT & telecom; healthcare; retail; utilities; and others. North America, Latin America, Asia-Pacific, Africa, and Europe have been examined on the basis of different aspects such as, Security Information and Event Management.

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Key highlights of the global Security Information and Event Management market for the forecast years 2019-2029:

- CAGR of the market during the forecast period 2019-2026
- Detailed information on factors that will accelerate the growth of the Security Information and Event Management market during the next five years
- Precise estimation of the global Security Information and Event Management market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the Security Information and Event Management industry across various geographies such as the Americas, APAC, and EMEA
- A thorough analysis of the market's competitive landscape and detailed information on several Security Information and Event Management
- Comprehensive details on factors that will challenge the growth of Security Information and Event Management

Finally, researchers throw light on manufacturers responsible for increasing the sales in the global Security Information and Event Management market. These manufacturers have been inspected in terms of the manufacturing base, contact details, and competitors. The report describes the definitions, specification, and classification of the global Security Information and Event Management market.

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