The Europe Security Information and Event Management Market would witness market growth of 7.6% CAGR during the forecast period (2020-2026). Log management (LM) addresses vast quantities of computer-generated log messages (also known as audit reports, audit trails, event logs, etc.). Log management typically includes log collection and centralized log aggregation. Long-term log storage and retention, log rotation, log analysis (upon collection in real time and in bulk), and log search and reporting. The primary factors for adoption of log management are security, system, and network operations (such as device or network management) issues, and regulatory compliance. Nearly any computing device generates logs that can also be directed to various locations on either a local file system or a remote system.
Some consumers have found that two different SIEM systems need to be established to get the most benefit for each function as the SIEM can be extremely noisy and resource-intensive: they usually choose one for data protection and one for compliance. Besides the traditional logging and log control example used by SIEM, companies are using their SIEM for other purposes. One alternate use case is to help demonstrate compliance with legislation such as HIPAA, PCI, SOX and GDPR.
SIEM tools also collect data which can be used to handle capacity projects. The bandwidth and data growth can be measured over time to prepare for growth and budgeting purposes. Data is crucial in the capacity-planning environment, and recognizing the actual consumption and patterns over time helps to handle demand as a corrective measure over avoidance and reduce significant capital expenditures.
Based on Component, the market is segmented into Solution and Services. Based on Application, the market is segmented into Log Management & Reporting, Threat Intelligence, Security Analytics and Others. Based on Deployment Type, the market is segmented into On-premise and Cloud. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on Vertical, the market is segmented into Information, Finance & Insurance, Healthcare & Social Assistance, Retail, Utilities and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: Security Information and Event Management Market in Europe is expected to register a CAGR of 7.6% during the forecast period (2020-2026)
The market research report covers theanalysis of key stake holders of the market. Key companies profiled in the report include Hewlett Packard Enterprise Company, SolarWinds Corporation, Rapid7, Inc., McAfee, LLC, Splunk, Inc., Fortinet, Inc., Micro Focus International PLC, Alert Logic, Inc., IBM Corporation, Securonix, Inc.
Market Segmentation:
By Component
By Application
By Deployment Type
By Organization Size
By Vertical
By Country
Companies Profiled
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