Market Overview:
The global security analytics and SIEM platforms market is expected to grow from USD 3.02 billion in 2018 to USD 7.72 billion by 2030, at a CAGR of 13.8% from 2018 to 2030. The growth of the market can be attributed to the increasing adoption of security analytics and SIEM platforms by SMEs, large enterprises, and government organizations across the globe; rising concerns about data breaches and cyber-attacks; and growing demand for cloud-based security solutions. However, lack of awareness about the benefits offered by security analytics and SIEM platforms among end users is a major restraining factor for the growth of this market.
Product Definition:
Security analytics and SIEM platforms are important because they allow organizations to collect and analyze security data in order to identify threats and vulnerabilities. Security analytics platforms use machine learning algorithms to detect patterns in data that may indicate a security breach. SIEM platforms allow organizations to collect, monitor, and analyze logs from all of their devices in order to identify potential threats.
Public Cloud:
Public cloud is a type of cloud computing that offers shared resources, rather than dedicated servers with limited storage and processing power. It provides services such as data storage, application hosting, software delivery and maintenance along with networking & other utility functions. The major advantage of public cloud is its cost effectiveness; it can be used for various applications by small & medium enterprises as well as large organizations at a low cost which makes it more preferable among them all.
Private Cloud:
Private cloud is a term used for providing shared infrastructure services over a private network. It can be used synonymously with terms like hosted environment or outsourced infrastructure.
Application Insights:
The Small and Medium-sized Enterprises (SMEs) segment accounted for the largest market share in 2017. The growth of this segment is attributed to the increasing adoption of security analytics and SIEM platforms by SMEs as they offer a cost-effective solution compared to large enterprises. Furthermore, growing demand for real-time threat intelligence along with advanced analytics capabilities has propelled the growth of this segment over the forecast period.
The Large Enterprise (LE) application segment is expected to witness lucrative growth over the forecast period owing to an increase in demand from government organizations, banks, media & telecom companies, retail businesses and others for detecting & analyzing complex threats. In addition, factors such as high initial investment required by large enterprises for deploying security analytics and SIEM solutions will drive their adoption rate over the coming years.
Regional Analysis:
North America is expected to be the key regional market over the forecast period owing to high demand for security solutions from enterprises and government organizations. The U.S.-based companies are adopting these platforms at a faster pace due to increased awareness about cyber threats, advanced technology, and presence of major vendors in this region. Moreover, increasing adoption of cloud-based security analytics tools by SMEs is also driving the regional market growth in North America.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to rising investments by governments in developing countries such as India and China for improving their national cybersecurity capabilities through implementation of robust software solutions such as global security analytics platforms (GSA/SIEM).
Growth Factors:
- Increasing demand for security analytics and SIEM platforms from small and medium-sized businesses (SMBs) due to the increasing number of cyber threats targeting these businesses.
- The growing popularity of cloud-based security analytics and SIEM platforms, which allows organizations to quickly deploy these solutions and reduce the burden on their IT staff.
- The increasing use of big data technologies in security analytics and SIEM platforms, which helps organizations detect malicious activity more quickly and effectively.
- The growing demand for Security Operations Centers (SOCs), which are often staffed with personnel who are skilled in using security analytics and SIEM platforms to detect malicious activity.
- The increasing use of artificial intelligence (AI) in security analytics and SIEM platforms, which helps organizations automate the process of detecting malicious activity
Scope Of The Report
Report Attributes
Report Details
Report Title
Security Analytics and SIEM Platforms Market Research Report
By Type
Public Cloud, Private Cloud, On-Premise
By Application
SMEs, Large Enterprises, Government Organizations
By Companies
Alert Logic, AlienVault, Assuria, BAE Systems, BlackStratus, CorreLog, Cygilant, Dell, Exabeam, Fortinet, IBM, Logentries, Logpoint, LogRhythm, Logsign, Zoho, McAfee, Micro Focus, RSA, Securonix
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
134
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global Security Analytics and SIEM Platforms Market Report Segments:
The global Security Analytics and SIEM Platforms market is segmented on the basis of:
Types
Public Cloud, Private Cloud, On-Premise
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
SMEs, Large Enterprises, Government Organizations
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Alert Logic
- AlienVault
- Assuria
- BAE Systems
- BlackStratus
- CorreLog
- Cygilant
- Dell
- Exabeam
- Fortinet
- IBM
- Logentries
- Logpoint
- LogRhythm
- Logsign
- Zoho
- McAfee
- Micro Focus
- RSA
- Securonix
Highlights of The Security Analytics and SIEM Platforms Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Public Cloud
- Private Cloud
- On-Premise
- By Application:
- SMEs
- Large Enterprises
- Government Organizations
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Security Analytics and SIEM Platforms Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Security analytics is the use of data-driven analysis and modeling to identify, assess, and mitigate risks to information systems. SIEM platforms are a type of security analytics platform that provide centralized management for collecting, analyzing, and managing security events from multiple sources.
Some of the major players in the security analytics and siem platforms market are Alert Logic, AlienVault, Assuria, BAE Systems, BlackStratus, CorreLog, Cygilant, Dell, Exabeam, Fortinet, IBM, Logentries, Logpoint, LogRhythm, Logsign, Zoho, McAfee, Micro Focus, RSA, Securonix.
The security analytics and siem platforms market is expected to grow at a compound annual growth rate of 13.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Security Analytics and SIEM Platforms Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Security Analytics and SIEM Platforms Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Security Analytics and SIEM Platforms Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Security Analytics and SIEM Platforms Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Security Analytics and SIEM Platforms Market Size & Forecast, 2018-2028
4.5.1 Security Analytics and SIEM Platforms Market Size and Y-o-Y Growth
4.5.2 Security Analytics and SIEM Platforms Market Absolute $ Opportunity
Chapter 5 Global Security Analytics and SIEM Platforms Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Security Analytics and SIEM Platforms Market Size Forecast by Type
5.2.1 Public Cloud
5.2.2 Private Cloud
5.2.3 On-Premise
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Security Analytics and SIEM Platforms Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Security Analytics and SIEM Platforms Market Size Forecast by Applications
6.2.1 SMEs
6.2.2 Large Enterprises
6.2.3 Government Organizations
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Security Analytics and SIEM Platforms Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Security Analytics and SIEM Platforms Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Security Analytics and SIEM Platforms Analysis and Forecast
9.1 Introduction
9.2 North America Security Analytics and SIEM Platforms Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Security Analytics and SIEM Platforms Market Size Forecast by Type
9.6.1 Public Cloud
9.6.2 Private Cloud
9.6.3 On-Premise
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Security Analytics and SIEM Platforms Market Size Forecast by Applications
9.10.1 SMEs
9.10.2 Large Enterprises
9.10.3 Government Organizations
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Security Analytics and SIEM Platforms Analysis and Forecast
10.1 Introduction
10.2 Europe Security Analytics and SIEM Platforms Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Security Analytics and SIEM Platforms Market Size Forecast by Type
10.6.1 Public Cloud
10.6.2 Private Cloud
10.6.3 On-Premise
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Security Analytics and SIEM Platforms Market Size Forecast by Applications
10.10.1 SMEs
10.10.2 Large Enterprises
10.10.3 Government Organizations
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Security Analytics and SIEM Platforms Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Security Analytics and SIEM Platforms Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Security Analytics and SIEM Platforms Market Size Forecast by Type
11.6.1 Public Cloud
11.6.2 Private Cloud
11.6.3 On-Premise
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Security Analytics and SIEM Platforms Market Size Forecast by Applications
11.10.1 SMEs
11.10.2 Large Enterprises
11.10.3 Government Organizations
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Security Analytics and SIEM Platforms Analysis and Forecast
12.1 Introduction
12.2 Latin America Security Analytics and SIEM Platforms Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Security Analytics and SIEM Platforms Market Size Forecast by Type
12.6.1 Public Cloud
12.6.2 Private Cloud
12.6.3 On-Premise
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Security Analytics and SIEM Platforms Market Size Forecast by Applications
12.10.1 SMEs
12.10.2 Large Enterprises
12.10.3 Government Organizations
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Security Analytics and SIEM Platforms Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Security Analytics and SIEM Platforms Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Security Analytics and SIEM Platforms Market Size Forecast by Type
13.6.1 Public Cloud
13.6.2 Private Cloud
13.6.3 On-Premise
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Security Analytics and SIEM Platforms Market Size Forecast by Applications
13.10.1 SMEs
13.10.2 Large Enterprises
13.10.3 Government Organizations
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Security Analytics and SIEM Platforms Market: Competitive Dashboard
14.2 Global Security Analytics and SIEM Platforms Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Alert Logic
14.3.2 AlienVault
14.3.3 Assuria
14.3.4 BAE Systems
14.3.5 BlackStratus
14.3.6 CorreLog
14.3.7 Cygilant
14.3.8 Dell
14.3.9 Exabeam
14.3.10 Fortinet
14.3.11 IBM
14.3.12 Logentries
14.3.13 Logpoint
14.3.14 LogRhythm
14.3.15 Logsign
14.3.16 Zoho
14.3.17 McAfee
14.3.18 Micro Focus
14.3.19 RSA
14.3.20 Securonix
