World Security Information and Event Management (SIEM) and Log Management Products Market
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- Amy Anthony
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1 Brochure More information from World Security Information and Event Management (SIEM) and Log Management Products Market Description: Security and event management and log management products are continuing to gain greater awareness as the threat and vulnerability landscape increase. As these types of attacks become more sophisticated, organizations are implementing security products, such as a SIEM, to protect virtual and physical assets. Aside from core features, netflow analysis, data loss prevention, and vulnerability scanning have been key features offered as an add-on to a SIEM or part of a whole security suite. The market has also seen the move from software appliances to physical appliances and now virtual appliances. The increase of sales and use of managed services has also served as an option for organizations looking to implement a SIEM in their operations. This Frost & Sullivan research service titled World Security Information and Event Management (SIEM) and Log Management Products Market provides detailed analysis of key market drivers and restraints as well as industry challenges. In this research, Frost & Sullivan's expert analysts also examine the competitive landscape and offer competitor profiles. Market Overview Rising Complexity and Incidence of Cyber Crimes Make a Case for SIEM and Log Management Products The escalating severity, complexity, and occurrence of cyber crimes, especially relating to online transactions, have compelled organizations to implement sophisticated security products to thwart criminals both within and outside the organization. SIEM products offer protection against malicious activity throughout a network by constantly monitoring and acting upon safety intrusions, thereby safeguarding an organization s virtual and physical assets. With various options such as implementation through hardware or software appliances, and managed services, SIEM is a vital component in the secure and smooth operation of a business network. A combination of SIEM and logging solutions is an option that all organizations must give due consideration to. SIEM products not only help organizations maintain and comply with security regulations, but also offer defense that, along with monitoring and reporting, allows customization and scalability. SIEM products have been designed to incorporate multiple functions such as logging, reporting, network behavior analysis, and alerts. The market for these products are at the maturity stage, wherein emphasis is placed on increased feature sets, easier implementation, and better integration with other security products. SIEM s product visibility has improved with wider adoption; however, the high costs of deployment and the difficulty in quantifying its return on investment (ROI) have deterred its wide-scale adoption. Despite the availability of multiple options, participants must present the ROI benefits of an SIEM or a log management product. Due to the recent economic downturn and the consequent cut in IT budgets and staff, the demand for SIEM and log management products has increased, says the analyst of this research. Financial institutions, government agencies, and others need a solution that allows them to stretch their capabilities and help lockdown their networks. While most of the Fortune 500 companies already have an SIEM system running, the mid-market adoption is slower, due to the cost of a SIEM, and thereby, holds substantial opportunities. SIEM s definition and functions have become unclear with feature sets increasing and varying by vendor. This makes it imperative for customers to be better educated regarding the compatibility and scalability requirements specific to their case. SIEM vendors will have to create a message correlating the necessity and capabilities of a SIEM in an organization s security environment, notes the analyst. Although SIEMs are pre-packaged with a set of security features, vendors will have to market to potential and current clients based on their specific usecases to clearly inform them of the value SIEM can lend to their security portfolio. Contents: 1. Executive Summary 2. Research Objectives
2 3. Market Overview and Definitions 4. Market Dynamics 5. Product and Technology Trends 6. Legislative Trends 7. Pricing Trends 8. Regional Trends and Forecasts 9. Vertical Market Trends and Forecasts 10. Total Market Forecasts and Analysis 11. Competitive Landscape 12. Competitor Profiles 13. Conclusions 14. About Frost & Sullivan List of Figures SIEM and Log Management Product Market: Market Drivers Ranked in Order of Impact (World), SIEM and Log Management Product Market: Market Restraints Ranked in Order of Impact (World), SIEM and Log Management Product Market: Revenues Forecasts by MSSP (World), SIEM and Log Management Product Market: Revenues by Geographic Region (World), SIEM and Log Management Product Market: Revenue Forecasts by Vertical Market (World), SIEM and Log Management Product Market: Revenue Forecasts (World), SIEM and Log Management Products Market: Competitive Analysis of Deployment Offered (World), 2009 SIEM and Log Management Products Market: Key Industry Participants (World), 2009 List of Charts SIEM and Log Management Product Market: Revenue Forecasts (World), SIEM and Log Management Product Market: Market Engineering Measurements (World), 2009 SIEM and Log Management Product Market: Market Drivers and Restraints (World), SIEM and Log Management Product Market: Revenue Forecasts for MSSP (World), SIEM and Log Management Product Market: Average Price Forecasts (World), SIEM and Log Management Product Market: Revenues by Geographic Region (World), SIEM and Log Management Product Market: Percent of Revenues by Geographic Region (World), SIEM and Log Management Product Market: Percent of Revenues by Vertical Market (World), SIEM and Log Management Product Market: Percent of Revenues by Vertical Market (World), SIEM and Log Management Product Market: Revenue Forecasts (World), SIEM and Log Management Product Market: Competitor Landscape (World), 2009 SIEM and Log Management Product Market: Company Market Share by Revenues for Top Ten Vendors (World), 2009 Ordering: Order Online - Order by Fax - using the form below Order by Post - print the order form below and send to Research and Markets, Guinness Centre, Taylors Lane,
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