The Telecom & IT practice at MarketsandMarkets is pleased to announce its Analyst Briefing on the “Security Information and Event Management Market by Solutions (Log and Event Management, Firewall Security Management, Patch Management, Others) - Market Forecasts and Analysis (2014-2019)” to be held on 10 Mar, 2014. The briefing will cover an overview of drivers, restraints and challenges, and opportunities that impact this market.
With the ever-growing business risk and exponentially increasing data breaches and compliance violations, the need for advanced Security Information and Event Management (SIEM) tools is imperative.
Security Information and Event Management, or SIEM has gained a lot of traction in the security market owing to the fact that there is massive increase in corporate data thefts and there has been rapid adoption of Bring Your Own Device (BYOD).
There is a gradual shift in belief among companies of all sizes; they have started seeing security management and logging scrutiny as keys to preventing highly sophisticated and targeted attacks.
Deployment cost and scalability may act as restraints to massive scale adoption of SIEM among enterprises. Enterprises seem to commit to perpetual investments in resources, tools and skills to more efficiently manage their security and compliance posture.
MarketsandMarkets forecasts the SIEM market to grow from $2.57 billion in 2014 to $4.54 billion in 2018. In terms of regions, North America is expected to be the biggest market in terms of market size, while Europe and Asia-Pacific (APAC) are expected to experience increased market traction, during the forecast period.
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Note: An email containing the Login Details and Time of the Analyst Briefing will be sent to you soon after your registration.