MarketsandMarkets. Publisher Sample

Transcription

1 MarketsandMarkets Publisher Sample Phone: (US) or or (Int'l) Hours: Monday - Thursday: 5:30am - 6:30pm EST Fridays: 5:30am - 5:30pm EST customerservice@marketresearch.com MarketResearch.com

2 SECURITY INFORMATION AND EVENT MANAGEMENT MARKET By Solutions (Log and Event Management, Firewall Security Management, Patch Management, Others) MarketsandMarkets

3 MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world. MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals, including advanced materials, automotive and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT. Copyright 2014 MarketsandMarkets All Rights Reserved. This document contains highly confidential information and is the sole property of MarketsandMarkets. No part of it may be circulated, copied, quoted, or otherwise reproduced without the approval of MarketsandMarkets. MarketsandMarkets Sample Pages 2

4 1 INTRODUCTION 1.1 KEY TAKE-AWAYS The Security Information and Event Management (SIEM) is a very aggressive and an established market. The present is the widespread adoption phase of SIEM technology by end users. One of the key drivers for the SIEM market is the need of compliance reporting. A gradual trend is observed among small companies in North America who require enhancing breach detection and monitoring are deploying SIEM tools at present. A few bigger companies, who follow a conventional approach in technology adoption, are also observed to deploy SIEM tools now. The basic needs of SIEM end users are a robust log and event management and monitoring tools alongside compliance reporting requirements. There continues to be a strong demand of the SIEM technology in Europe and Asia Pacific regions motivated by the needs of compliance reporting and threat management. 1.2 REPORT DESCRIPTION The overall need of effective SIEM solutions and services is persistently growing because of the massive rush of cyber attacks and security and compliance breaches that hugely affect businesses. The crux of an SIEM solution is log collection and event correlation wherein logs get collected from across Information Technology (IT) infrastructure including all network devices, servers, security appliances, databases, workstations, etc. Log event correlation occurs real-time and in-memory to identify zero-day threats. The SIEM market is fast gaining traction which is evident from the acquisitions of LogLogic by TIBCO, ncircle by Tripwire, Sensage by KEYW, Q1 Labs by IBM and SonicWALL by Dell. Key players such as IBM, HP ArcSight and RSA offer SIEM products and solutions for enterprises, MarketsandMarkets Sample Pages 3

5 and Small and Medium Businesses (SMBs). There are many smaller players such as Alert Logic and Sumo Logic who provide SIEM infrastructure as a service for companies or businesses that do not want to deploy their own SIEM technology. This report analyzes global adoption trends, future growth potential, key drivers, restraints, opportunities, and best practices in the SIEM market. The report also examines growth potential market sizes and revenue forecasts across different regions as well as industry verticals. 1.3 MARKETS COVERED This research report categorizes the SIEM market for forecasting the revenues and analyzing the trends in each of the following sub-markets: On the basis of solutions: Log and event management Firewall security management Patch management Others On the basis of services: Consulting Integration Support On the basis of users: Small and Medium Businesses (SMBs) Enterprises MarketsandMarkets Sample Pages 4

6 On the basis of industry verticals: Banking, Financial Services and Insurance (BFSI) Government Healthcare Telecom and Information Technology (IT) Energy and utility Retail and hospitality Education and academia Others On the basis of regions: North America (NA) Europe Asia-Pacific (APAC) Middle-East and Africa (MEA) Latin America (LA) 1.4 STAKEHOLDERS Governance, Risk Management, Compliance (GRC) staff Information security staff Chief financial officers Chief risk officers Chief legal counsel Chief compliance officers Vice president of risk management Director, Internal Audit MarketsandMarkets Sample Pages 5

7 Director, Operational Risk Manager, Enterprise Risk Management Risk Analysts Information security directors/managers IT governance directors/managers IT risk directors/managers IT compliance directors/managers IT Audit directors/managers IT directors/consultants MarketsandMarkets Sample Pages 6

8 1.5 RESEARCH METHODOLOGY DATA TRIANGULATION AND MARKET FORECASTING FIGURE 1 DATA TRIANGULATION: SIEM Total SIEM Market Percentage Split of Market Segments Markets by Solutions, Services, Users, Industry Verticals & Regions Arrival at Overall Market Percentage Split of Sub Segments Share of Company's Revenue in Overall Market Sub Segments Company wise Revenue Source: MarketsandMarkets Analysis 1.6 FORECAST ASSUMPTIONS There are certain assumptions made by MarketsandMarkets for the market research and better judgment on SIEM market. These assumptions are: SIEM market is assumed to be the sum of market size of various solutions and services offered to the end users. Solutions are considered to be a package of hardware and software provided by the vendors. MarketsandMarkets Sample Pages 7

9 MarketsandMarkets assumes that dollar fluctuations will not be serious enough to affect the forecasts to a significant extent. The global economic climate will be favorable till the end of A stable and moderate government spending pattern is assumed during the forecast period. The revenue and financial information mentioned on the company s website or its annual report is true. Some market sizes may not add up to total as they are rounded up. MarketsandMarkets Sample Pages 8

10 2 EXECUTIVE SUMMARY 2.1 OVERALL MARKET SIZE TABLE 1 SIEM MARKET SIZE, ($MILLION) Particulars CAGR ( ) SIEM Solutions SIEM Services Global SIEM Market Y-o-Y (%) Source: MarketsandMarkets Analysis The table above highlights the SIEM market size during the forecast period. The global SIEM market is expected to grow from $ billion in 2014 to $ billion in 2019 at a CAGR of % during the forecast period. The SIEM solutions market is expected to grow from $ billion in 2014 to $ billion in 2019 at a CAGR of % during the forecast period. The SIEM services market is expected to grow from $ million in 2014 to $ billion in 2019 at a CAGR of % during the forecast period. MarketsandMarkets Sample Pages 9

11 FIGURE 2 SIEM MARKET SIZE AND GROWTH RATE, ($MILLION, Y-O-Y %) % % % % % % % % % % SIEM Solutions SIEM Services Y-o-Y (%) Source: MarketsandMarkets Analysis The figure above highlights the market size and Year-on-Year (Y-O-Y) growth rate of the global SIEM market during the forecast period. In terms of compliance reporting and log collection, SIEM has been very successful. However, in case of detecting and investigating incidents, traditional SIEM may still struggle. This is where, security analytics is expected to meet the unmet demand with its ability to collect and analyze different types of data such as network packets. This is reflected in the Y-O-Y growth trend of SIEM. MarketsandMarkets Sample Pages 10

12 3 SIEM: MARKET SIZE AND FORECAST BY REGIONS 3.1 INTRODUCTION On the basis of regions, the SIEM market has been segmented into North America, Europe, Asia-Pacific, Middle East and Africa and Latin America PARFAIT CHART FIGURE 3 PARFAIT CHART: SIEM MARKET NA Europe APAC MEA LA Source: MarketsandMarkets Analysis NA, Europe and APAC account for major market share in the global SIEM market. NA s market size is expected to grow from $ million in 2014 to $ billion in 2019 at a CAGR of %, while Europe s market size is expected to increase from $ million in 2014 to $ billion in 2019 at a CAGR of % and APAC s market size is expected to increase from $ million in 2014 to $ million in 2019 at a CAGR of %. MarketsandMarkets Sample Pages 11

13 4 SIEM: MARKET LANDSCAPE 4.1 END USER LANDSCAPE MARKET OPPORTUNITY ANALYSIS SIEM is being adopted across various industry verticals. The industry verticals such as BFSI, retail and hospitality, energy and utility, and telecom and IT should remain at the focal point, considering their market share and growth rate. Verticals such as government, healthcare, and education and academia should be prioritized. The figure below highlights the opportunity plot for various industry verticals in the SIEM market, with reference to corresponding market share and growth rate. MarketsandMarkets Sample Pages 12

14 FIGURE 4 MARKET OPPORTUNITY ANALYSIS: SIEM PRIORITIZE HIGH FOCUS Others Govt. Retail & Hospitality BFSI GROWTH RATE Education & Academia Energy & Utility Telecom & IT Healthcare LOW FOCUS MAINTAIN MARKET SHARE Source: MarketsandMarkets Analysis MarketsandMarkets Sample Pages 13

15 Disclaimer: MarketsandMarkets strategic analysis services are limited publications containing valuable market information provided to a select group of customers in response to orders. Our customers acknowledge, when ordering, that MarketsandMarkets strategic analysis services are for our customers internal use and not for general publication or disclosure to third parties. Quantitative market information is based primarily on interviews and therefore, is subject to fluctuation. MarketsandMarkets does not endorse any vendor, product or service depicted in its research publications. MarketsandMarkets strategic analysis publications consist of the opinions of MarketsandMarkets' research and should not be construed as statements of fact. MarketsandMarkets disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. MarketsandMarkets takes no responsibility for any incorrect information supplied to us by manufacturers or users. All trademarks, copyrights and other forms of intellectual property belong to their respective owners and may be protected by copyright. Under no circumstance may any of these be reproduced in any form without the prior written agreement of their owner. No part of this strategic analysis service may be given, lent, resold or disclosed to noncustomers without written permission. Reproduction and/or transmission in any form and by any means including photocopying, mechanical, electronic, recording or otherwise, without the permission of the publisher is prohibited. MarketsandMarkets Sample Pages 14