Security Information and Event Management Software Market Analysis

The security information and event management market is segmented by solution, by application, by control and by region. On the basis of application, the market is segmented into energy & utility, IT & telecom, retail & hospitality, education, healthcare, financial & insurance services, and government, out of which, the segment for IT & telecom is predicted to hold the leading share in the market. This can be attributed to the rising utilization of cybersecurity measures in the industry which is anticipated to increase the demand for this software over the forecast period.

Our in-depth analysis of the global security information and event management market includes the following segments

By Solution	Patch management Firewall security Event and log management
By Application	Energy and utility IT and telecom Retail and hospitality Education Healthcare Financial and insurance services Government
By Control	Managed and controlled by the host Hybrid management Controlled by host management by software provider

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of security information and event management is assessed at USD 5.34 billion.

Security Information and Event Management Market size was valued at USD 4.78 billion in 2023 and is expected to reach USD 28.11 billion by 2036, registering around 14.6% CAGR during the forecast period i.e., between 2024-2036.

North America industry is anticipated to hold largest revenue share by 2036, as the companies in the region are highly developed and technologically advanced.

The major players in the market are IBM, Splunk Inc., McAfee (Intel), Rapid7 Inc., SolarWinds Corp, BlackStratus, AlienVault (AT&T Inc.), RSA (EMC Corporation), Micro Focus International plc, ManageEngine (ZOHO Corporation), and others.

Security Information and Event Management Software Market Analysis