North America Security Information and Event Management Market Will Escalate Rapidly in the Near Future :LogRhythm, Inc., RSA Security LLC, SolarWinds Inc., Splunk Inc., TIBCO Software Inc., etc.

Security Information and Event Management market in North America is expected to grow from US$ 701.10 Mn in 2018 to US$ 1,492.3 Mn by the year 2027. This represents a CAGR of 8.9% from the year 2019 to 2027.

The Business Market Insights provides you regional research analysis on “North America Security Information and Event Management Market” and forecast to 2027. The research report provides deep insights into the regional market revenue, parent market trends, macro-economic indicators, and governing factors, along with market attractiveness per market segment. The report provides an overview of the growth rate of the North America Security Information and Event Management market during the forecast period, i.e., 2020–2027.

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Companies Mentioned

AlienVault
DFLABS SPA
Fireeye, Inc.
Hewlett Packard Enterprise Development LP (HPE)
IBM Corporation
LogRhythm, Inc.
RSA Security LLC
SolarWinds Inc.
Splunk Inc.
TIBCO Software Inc.

Growing cyber threats across industries is fueling the North America Security Information and Event Management market. Cyber-attacks are on the rise in both enterprises and government sector around the globe. Ever-increasing threats and evolving industry and government regulations are forcing organizations to invest heavily in security infrastructure. Cyber security has already become a critical issue across business, industry, government and civil society; it will only grow more urgent as the online world becomes a central and underlying component of the physical world. Organizations are becoming increasingly alert to cyber threats, thereby driving the Security Information and Event Management market in North America.

By Solution

Patch Management
Log & Event Management
Firewall Security Management
Others

By Service

Integration
Consulting
Support

By End User

Healthcare
Energy & Utility
BFSI
Government
Retail
Others

By Country

US
Canada
Mexico 

The reducing operational costs with the mounting popularity of automation solutions is anticipated to fuel the North America Security Information and Event Management market growth. The unprecedented increase in the volume of threats incidence coupled with the requirement for a related response, the action often consumes a significant portion of the SOC professional. Moreover, the inclusion of multiple false positive alerts and event notification further creates a challenging task for allocating the resource on high priority and sensitive alerts. As a result, the SIEM offers a viable alternative coupled with versatile benefits. For instance, the integration of efficient solution yields a significant reduction in resolving various low threat risks, segregation of alerts based on priority, triaging, and automated response considerably. These initiative by the market player are enhancing the growth of North America Security Information and Event Management market.

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The research on the North America Security Information and Event Management market focuses on mining out valuable data on investment pockets, growth opportunities, and major market vendors to help clients understand their competitor’s methodologies. The research also segments the North America Security Information and Event Management market on the basis of end user, product type, application, and demography for the forecast period 2020–2027. Comprehensive analysis of critical aspects such as impacting factors and competitive landscape are showcased with the help of vital resources, such as charts, tables, and infographics.

This report strategically examines the micro-markets and sheds light on the impact of technology upgrades on the performance of the North America Security Information and Event Management market.

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