The Security Information and Event Management (SIEM) solution provides real-time analysis of security alerts triggered by applications and network hardware. It incorporates next-generation identification, analytics, and response by combining the functions of Security Information Management (SIM) and Security Event Management (SEM) into a unified security management system.

SIEM solutions conduct data analysis, event correlation, aggregation, reporting, and log management to furnish security teams with insights into user activities and monitor these activities within the IT environment. Offering real-time visibility across an organization's information security systems, SIEM tools manage event logs that consolidate data from various sources. They employ event correlation from diverse logs or security sources, implement if-then rules to add intelligence to raw data, and automatically notify security events.

In addition, most SIEM systems feature dashboards for security issues and employ various methods for direct notifications. The security landscape has evolved, especially after the COVID-19 pandemic and the subsequent rise in remote work. The organizational perimeters are no longer secure, with multiple unsecured devices and endpoints connecting to the organizational network, expanding the attack surface.

Download The Sample Report of Market Share: Security Information and Event Management (SIEM)

Key questions addressed by this study include:

  • What is the current competitive landscape in the SIEM market?
  • What is the market share held by major vendors in this sector?
  • What are the key competitive dynamics in the global and regional markets for SIEM solutions?
  • Who are the leading vendors in both global and regional markets?
  • Are there vendors specializing in specific industries?
  • How do different vendors compare in terms of their offerings of cloud-based versus on-premise solutions?

Vendors covered in this study:

Elastic, Exabeam, Fortinet, Gurucul, IBM, LogPoint, LogRhythm,

ManageEngine, Microfocus, Microsoft, Odyssey CS, Rapid7, RSA, Securonix, Splunk,

Sumo Logic, and Trellix systems.

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