Security Information and Event Management Market or SIEM market encompasses 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 make simpler and speedup the network event monitoring by consolidating error logs and alerts into an integrated solution. The market comprehends events such as collection and storage of the data log, collection and 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 a reasonable cost and with a unified solution to simplify the complexity of managing multiple security solutions with high productivity.
The competitive landscape has been scrutinized carefully as it forms a major factor contributing to the revenue generation. The key players such as Asia Pacific (APAC), Europe, North America, Middle East & Africa (MEA), and Latin America form the key global regions of which, the region showcasing as the one generating highest market share and the one which is the fastest growing is also described in detail. It serves as a document providing the necessary insights to vendors, therefore enabling them to make data-driven decisions and avoid business losses.
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