North America Security Information and Event Management Market By Component (Solution and Services) By Application (Log Management & Reporting, Threat Intelligence, Security Analytics and Others) By Deployment Type (On-premise and Cloud) By Organization Size (Large Enterprises and Small & Medium Enterprises) By Vertical (Information, Finance & Insurance, Healthcare & Social Assistance, Retail, Utilities and Others) By Country, Industry Analysis and Forecast, 2020 - 2026
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Market Report Description
The North America Security Information and Event Management Market would witness market growth of 7.1% CAGR during the forecast period (2020-2026). SIEM has become critical for the proper functioning of a business. In the case of a security violation, the SIEM program helps its end-users to conduct incident forensics by analyzing the specific log for that case. The SIEM approach requires separation of the main cause of a breach, failure, hazard or other activity that is not compliant. Growing numbers of companies are implementing SIEM solution not just for regulatory enforcement but also for vulnerability detection through tracking and identifying early security violations in an IT framework.
At present, organisations are unable to detect the targeted threats and violations of policy. It can be achieved by enhanced and expanded intelligence on the threat. Hence, companies are seeking to expand their SIEM deployments over a long period of time in order to fully leverage real-time monitoring. SIEM providers have started to concentrate on increasing system implementations for both new and current customer accounts and showcase their product as a platform by providing security and application analytics.
Healthcare SIEM is an important, but complicated, security tool for the infrastructure. SIEM tools offer intelligence, behavioural analysis, and analytics to help detect and defend attacks against malware and ransomware. SIEM systems accumulate large volumes of information and log data, which means they need a lot of storage space and the capacity to quickly go back and search data. The systems must be scalable to accommodate the demands of organizations of different sizes and the events that they sustain.
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 U.S., Mexico, Canada, and Rest of North America.
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.
Scope of the North America Security Information and Event Management Market Analysis
- Log Management & Reporting
- Threat Intelligence
- Security Analytics
By Deployment Type
By Organization Size
- Large Enterprises
- Small & Medium Enterprises
- Finance & Insurance
- Healthcare & Social Assistance
- Rest of North America
- 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.
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