Market Overview:
The global security incident management market is expected to grow from USD 2.02 Billion in 2018 to USD 4.06 Billion by 2030, at a CAGR of 10.5% from 2018 to 2030. The growth of the global security incident management market can be attributed to the increasing number of cyber-attacks and data breaches, growing demand for cloud-based security solutions, and rising need for compliance with government regulations.
Product Definition:
Security Incident Management is the process of detecting, investigating, and responding to security incidents. The goal of Security Incident Management is to minimize the damage caused by security incidents and to prevent future incidents from occurring. Security Incident Management is important because it helps organizations protect their data and systems from harm.
On-Premises:
On-premises, it's usage and growth factor in Security Incident Managements market is expected to witness significant growth over the forecast period. The on-premises solution includes hardware and software solutions that are installed at the organization’s primary data center or at customer premises. On-premise security incident management solutions provide a centralized platform for managing all security incidents, which include compliance reporting, investigation & event recording capabilities along with threat & vulnerability detection.
Cloud Based:
Cloud-based SIEM is a security information and event management system. It is used to collect, analyze, and monitor data across an organization's IT infrastructure in real time. The data can be collected from various sources such as network devices, firewall logs, application usage statistics etc., using different tools for analysis. This information is then used by the incident responder to carry out remediation activities in real time or at the earliest possible moment thereby reducing business downtime.
Application Insights:
The defense and government segment dominated the global security incident management market in 2017, accounting for over 25.0% share of the overall revenue. The growth can be attributed to increasing demand for advanced security solutions to protect military networks and assets from cyber-attacks. Furthermore, governments are taking numerous initiatives to improve their preparedness against a possible terrorist attack by creating an integrated digital network across all major public sectors including healthcare, transportation, energy and utilities among others. All these factors are expected to drive the growth of this segment in near future as well as create lucrative opportunities for software vendors over the forecast period.
IT and telecommunications is expected to emerge as one of the fastest-growing segments during the forecast period owing to rising need for managing information technology infrastructure & telecom operations efficiently through effective risk management practices that include cybersecurity & data protection governance compliance monitoring & testing disaster recovery planning etc.
Regional Analysis:
North America is expected to lead the global market over the forecast period. The growth can be attributed to increasing cyber-attacks that have resulted in theft of valuable information and infrastructure disruption. In addition, government initiatives such as National Strategy for Critical Infrastructure (NSCI) are encouraging private organizations to manage their security incidents themselves rather than outsourcing them to third parties. This is likely to increase demand for solutions that can be managed by a single entity across all critical assets within an organization.
Asia Pacific is anticipated to witness significant growth over the next eight years owing with increased adoption of cloud technology in emerging economies such as China and India, thereby reducing overall IT costs while simultaneously improving security measures across various sectors including BFSI, healthcare, retail etc., which will drive demand further.
Growth Factors:
- Increasing demand for cloud-based security solutions
- Proliferation of mobile devices and BYOD policies
- Stringent government regulations and compliance requirements
- Growing awareness of cyber threats and data breaches
- Emergence of new technologies such as big data, IoT, and AI
Scope Of The Report
Report Attributes
Report Details
Report Title
Security Incident Managements Market Research Report
By Type
On-Premises, Cloud Based
By Application
IT and Telecommunications, Manufacturing, Transportation and Logistics, Defense and Government, BFSI, Healthcare, Retail, Energy and Utilities, Others
By Companies
IBM, Cisco Systems, Intel, Symantec, Dell, Check Point Software Technologies, Honeywell, Verizon Communication
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
199
Number of Tables & Figures
140
Customization Available
Yes, the report can be customized as per your need.
Global Security Incident Managements Market Report Segments:
The global Security Incident Managements market is segmented on the basis of:
Types
On-Premises, Cloud Based
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
IT and Telecommunications, Manufacturing, Transportation and Logistics, Defense and Government, BFSI, Healthcare, Retail, Energy and Utilities, Others
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:
- IBM
- Cisco Systems
- Intel
- Symantec
- Dell
- Check Point Software Technologies
- Honeywell
- Verizon Communication
Highlights of The Security Incident Managements 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:
- On-Premises
- Cloud Based
- By Application:
- IT and Telecommunications
- Manufacturing
- Transportation and Logistics
- Defense and Government
- BFSI
- Healthcare
- Retail
- Energy and Utilities
- Others
- 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 Incident Managements 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 incident management (SIM) is a process and an approach to managing security incidents. SIM helps organizations identify, assess, respond to, and report security incidents in a coordinated and effective manner.
Some of the major players in the security incident managements market are IBM, Cisco Systems, Intel, Symantec, Dell, Check Point Software Technologies, Honeywell, Verizon Communication.
The security incident managements market is expected to grow at a compound annual growth rate of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Security Incident Managements 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 Incident Managements Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Security Incident Managements 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 Incident Managements 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 Incident Managements Market Size & Forecast, 2020-2028
4.5.1 Security Incident Managements Market Size and Y-o-Y Growth
4.5.2 Security Incident Managements Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 On-Premises
5.2.2 Cloud Based
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 IT and Telecommunications
6.2.2 Manufacturing
6.2.3 Transportation and Logistics
6.2.4 Defense and Government
6.2.5 BFSI
6.2.6 Healthcare
6.2.7 Retail
6.2.8 Energy and Utilities
6.2.9 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Security Incident Managements 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 Incident Managements 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 On-Premises
9.6.2 Cloud Based
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 Market Size Forecast by Applications
9.10.1 IT and Telecommunications
9.10.2 Manufacturing
9.10.3 Transportation and Logistics
9.10.4 Defense and Government
9.10.5 BFSI
9.10.6 Healthcare
9.10.7 Retail
9.10.8 Energy and Utilities
9.10.9 Others
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 On-Premises
10.6.2 Cloud Based
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 Market Size Forecast by Applications
10.10.1 IT and Telecommunications
10.10.2 Manufacturing
10.10.3 Transportation and Logistics
10.10.4 Defense and Government
10.10.5 BFSI
10.10.6 Healthcare
10.10.7 Retail
10.10.8 Energy and Utilities
10.10.9 Others
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 On-Premises
11.6.2 Cloud Based
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 Market Size Forecast by Applications
11.10.1 IT and Telecommunications
11.10.2 Manufacturing
11.10.3 Transportation and Logistics
11.10.4 Defense and Government
11.10.5 BFSI
11.10.6 Healthcare
11.10.7 Retail
11.10.8 Energy and Utilities
11.10.9 Others
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 On-Premises
12.6.2 Cloud Based
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 Market Size Forecast by Applications
12.10.1 IT and Telecommunications
12.10.2 Manufacturing
12.10.3 Transportation and Logistics
12.10.4 Defense and Government
12.10.5 BFSI
12.10.6 Healthcare
12.10.7 Retail
12.10.8 Energy and Utilities
12.10.9 Others
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 On-Premises
13.6.2 Cloud Based
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) Market Size Forecast by Applications
13.10.1 IT and Telecommunications
13.10.2 Manufacturing
13.10.3 Transportation and Logistics
13.10.4 Defense and Government
13.10.5 BFSI
13.10.6 Healthcare
13.10.7 Retail
13.10.8 Energy and Utilities
13.10.9 Others
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 Incident Managements Market: Competitive Dashboard
14.2 Global Security Incident Managements Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 IBM
14.3.2 Cisco Systems
14.3.3 Intel
14.3.4 Symantec
14.3.5 Dell
14.3.6 Check Point Software Technologies
14.3.7 Honeywell
14.3.8 Verizon Communication
