Security Information and Event Management Market Report 2025

This report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.

The security information and event management market size has grown strongly in recent years. It will grow from $5.34 billion in 2024 to $5.67 billion in 2025 at a compound annual growth rate (CAGR) of 6.1%. The growth in the historic period can be attributed to increasing regulatory compliance requirements, data breaches and cyber attacks, data explosion and complexity, and insider threats and user behavior.

The security information and event management market size is expected to see rapid growth in the next few years. It will grow to $8.62 billion in 2029 at a compound annual growth rate (CAGR) of 11.1%. The growth in the forecast period can be attributed to rising cyber threat sophistication, regulatory compliance mandate, cloud adoption and hybrid it environment, and zero trust security framework. Major trends in the forecast period include cloud-native siem, ai, and machine learning integration, zero trust architecture, extended detection and response, automation and orchestration, and edge security.

The increasing cyber threats are expected to propel the growth of the security information event management market going forward. Cyber threats refer to malicious activities and actions that pose a risk to the confidentiality, integrity, and availability of digital assets, systems, networks, and data. Cyber threats are increasing due to several factors contributing to the evolving landscape of cyber security risks such as increased connectivity, and evolving tactics employed by malicious actors. SIEM Security information and event management is instrumental in addressing cyber threats by providing organizations with comprehensive capabilities to monitor, detect, and respond to security incidents effectively. For instance, in November 2022, according to the Australian Cyber Security Centre, an Australia-based cyber security agency, the number of cybercrime reports received in 2022 was 76,000, an increase of 13% from the year before. Therefore, the rising cyber threats are driving the growth of the Security information and event management market.

Major companies operating the security information and event management market are innovating new technologies such as Security Management Outsourcing Services to increase their profitability in the market. Security Management Outsourcing Service offers businesses a group of professionals who are always on the lookout for, detecting, and responding to cyber threats. For instance, in July 2023, NTT Data a Japan-based cyber security company launched a Security Management outsourcing service. The service is intended to minimize damage in the event of an incident and to prevent incidents altogether. Beginning in July 2023, the MDR service will be offered in Japan. By the fiscal year that ends in March 2024, it will be available everywhere. As part of the organization's CSIRT, advanced security engineers with over 20 years of experience in incident response will act on behalf of client companies with the MDR service, carrying out a comprehensive set of actions to determine the cause, carry out emergency response measures, optimize recovery efforts, and prevent recurrence.

In September 2022, Fujitsu Limited, a Japan-based company that provides Hardware, Software, Cloud Services, Consulting and Professional Services, and Security Solutions acquired InPhySec Security for an undisclosed amount. The goal of Fujitsu's acquisition of InPhySec may include expanding its presence in the cybersecurity sector, integrating InPhySec's innovative technologies into its portfolio, consolidating its position in the market, accessing InPhySec's talented workforce, and driving revenue growth through enhanced offerings and expanded customer base. InPhySec is a New Zealand-based cybersecurity company that offers security information event management services.

Major companies operating in the security information and event management market are The International Business Machines Corporation, Splunk Inc., McAfee Corporation, Fortinet, Juniper Networks, FireEye, Rapid7, SolarWinds Corporation, Micro Focus (ArcSight), AT&T Cybersecurity AlienVault, Trustwave, LogRhythm, Alert Logic, Fidelis Cybersecurity, Exabeam, Securonix, Proficio, Logsign, LogPoint, Cygilant, Seceon, Gurucul, Graylog, Intel Security.

North America was the largest region in the security information event management market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the security information and event management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the security information and event management market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The security information and event management market consists of revenues earned by entities by providing services such as log management, event correlation, real-time monitoring, threat detection and response, incident response orchestration, and compliance reporting. The market value includes the value of related goods sold by the service provider or included within the service offering. The security information and event management market also includes sales of SIEM software platforms, cloud-based SIEM solutions, open-source SIEM tools, SIEM appliances, and SIEM integrations and add-ons. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

Security information and event management, or SIEM, is a security solution that helps organizations recognize and address potential security threats and vulnerabilities before they have a chance to disrupt business operations. Security information and event management (SIEM) systems provide a comprehensive suite of services aimed at monitoring, detecting, and responding to security events within an organization's IT infrastructure.

The main solution outlooks of security information and event management are software and services. Software refers to a collection of programs, data, and instructions that enable a computer system to perform specific tasks or functions. The various deployments include cloud and on-premise, and it used in various verticals such as banking, financial services and insurance (BFSI), information technology and telecom, retail and e-commerce, healthcare and life sciences, manufacturing, government & defense, energy and utilities, others.

The main solution outlooks of security information and event management are software and services. Software refers to a collection of programs, data, and instructions that enable a computer system to perform specific tasks or functions. The various deployments include cloud and on-premise, and it used in various verticals such as banking, financial services and insurance (BFSI), information technology and telecom, retail and e-commerce, healthcare and life sciences, manufacturing, government & defense, energy and utilities, others.

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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