Security Information & Event Management: Key Trends, Competitor Leaderboard & Market Forecasts 2022-2027

The new SIEM (Security Information & Event Management) research report provides an independent analysis of the future evolution of the market. It provides a comprehensive study of the increase in SIEM adoption by businesses, the shift to subscriptions versus term licences, as well as other new developments and key trends in this highly important market. The report also presents comprehensive market forecasts; providing extensive insights into both term licence and subscription models, across different business sizes in the SIEM sector. The report also positions 15 vendors in the Competitor Leaderboard; providing an invaluable resource for stakeholders seeking to understand the competitive landscape in the market.

Key Statistics

• $4.4bn - Market size in 2022
• $6.4bn - Market size in 2027
• 45% - 2022 to 2027 market growth
• 2022-2027 - Forecast period

Key Features

Market Dynamics: Provides a detailed assessment of the state of play in the SIEM market, as well as an in-depth evaluation of its future development and readiness for further disruption.

Business Model Analysis: Analysis of how the shift from term licence to SaaS (Software‑as‑a-Service) subscriptions is changing the landscape within SIEM and making services more accessible outside of traditional areas of strength.

Competitor Leaderboard: Key player capability and capacity assessment for 15 SIEM providers; positioning them as either an established leader, leading challenger, or disruptor and challenger. Our Competitor Leaderboard scores these companies on their size of operations in the SIEM space, their extent and breadth of market partnerships, the sophistication of their platforms and the publisher’s view on each company’s innovation and future business prospects. The companies included in the SIEM Competitor Leaderboard are:

• Exabeam
• Fortinet
• IBM
• LogPoint
• LogRhythm
• Micro Focus
• Microsoft
• Rapid7
• RSA Security
• Securonix
• SolarWinds
• Splunk
• Sumo Logic
• Trellix
• Zoho

Benchmark Industry Forecasts: 5-year forecasts for SIEM usage by businesses and spend on services, split by business size (large versus medium) and model (term licence versus SaaS). Data is also split by our 8 key regions and the 60 countries listed below:

North America:

• Canada, US

Latin America:

• Argentina, Brazil, Chile, Colombia, Ecuador, Mexico, Peru, Uruguay

West Europe:

• Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, UK

Central & East Europe:

• Croatia, Czech Republic, Hungary, Poland, Romania, Russia, Turkey, Ukraine

Far East & China:

• China, Hong Kong, Japan, South Korea

Indian Subcontinent:

• Bangladesh, India, Nepal, Pakistan

Rest of Asia Pacific:

• Australia, Indonesia, Malaysia, New Zealand, Philippines, Singapore, Thailand, Vietnam

Africa & Middle East

• Algeria, Egypt, Israel, Kenya, Kuwait, Nigeria, Qatar, Saudi Arabia, South Africa, United Arab Emirates

Research Deliverables

• Market Trends & Forecasts PDF Report - A comprehensive analysis of the current market landscape, alongside strategic recommendations and a walk-through of the forecasts.
• Interactive Forecast Excel - Full 5-year forecasts for every available market metric provided in Excel format, with interactive 'What If' and scenario tools.
• harvest Online Data Platform - Access the very latest data in our exclusive online data platform, harvest. All the data from Excel, with frequent updates and a more user-friendly interface.