Security Information and Event Management (SIEM) Market to Reach USD 19.13 Billion by 2030 Driven by Cloud Adoption and Rising Cybersecurity Threats

Mordor Intelligence has published a new report on the Security Information and Event Management Market, offering a comprehensive analysis of trends, growth drivers, and future projections.

Introduction to the Security Information and Event Management (SIEM) Market

The global security information and event management (SIEM) market is growing rapidly as enterprises across industries place stronger emphasis on proactive threat detection, compliance management, and streamlined incident response. According to Mordor Intelligence, the security information and event management market size stood at USD 10.78 billion in 2025 and is projected to reach USD 19.13 billion by 2030, expanding at a CAGR of 12.16%. This growth reflects the rising sophistication of cyberattacks, growing regulatory pressure, and the increasing need for enterprises to manage large volumes of log and event data effectively.

SIEM platforms and services have become an essential part of enterprise cybersecurity strategies, providing centralized visibility, analytics, and response capabilities. From large enterprises to small and medium businesses, organizations are leveraging SIEM solutions to strengthen their security posture, ensure compliance, and mitigate risks in an increasingly digital economy.

Security Information and Event Management (SIEM) Market Overview: https://www.mordorintelligence.com/industry-reports/global-security-information-and-event-management?utm_source=openpr

1. Growing Adoption of Cloud-Native SIEM Solutions

As enterprises continue migrating workloads to the cloud, there is a clear shift toward cloud-native SIEM platforms. Unlike traditional legacy systems, these solutions provide:

Faster deployment and updates

Greater scalability for dynamic IT environments

Seamless integration with modern cloud infrastructures

This adoption ensures organizations can monitor hybrid environments effectively while maintaining flexibility in security operations.

2. Rising Use of SIEM for Compliance and Audit Management

Compliance has become a critical driver for SIEM adoption. Industries such as banking, healthcare, and government are subject to strict data protection and privacy regulations. SIEM tools are increasingly used to:

Generate reliable audit-ready reports

Automate compliance monitoring

Ensure adherence to frameworks like GDPR, HIPAA, and PCI-DSS

This trend positions SIEM not only as a cybersecurity tool but also as a regulatory necessity.

3. Increasing Demand for Managed SIEM Services (MSSP)

The shortage of skilled cybersecurity professionals is prompting organizations, especially small and medium-sized businesses (SMBs), to turn to managed SIEM services. By outsourcing SIEM operations to MSSPs, companies gain:

24/7 monitoring and incident response

Access to expert-driven threat analysis

Reduced burden of managing in-house SIEM systems

This shift enables businesses to strengthen their security posture without heavy resource investment.

4. Integration with Advanced Threat Intelligence and Analytics

Modern SIEM platforms are evolving with integrations that enhance their effectiveness, including:

Threat intelligence feeds for real-time detection of malicious activity

Machine learning and AI-driven analytics for identifying anomalies faster

Security orchestration, automation, and response (SOAR) tools for quicker remediation

These advancements help enterprises move from reactive to proactive defense strategies, improving both detection accuracy and response times.

Check out more details on the Security Information and Event Management (SIEM) Market and stay updated with the latest industry trends, including the Japanese version for localized insights: https://www.mordorintelligence.com/ja/industry-reports/global-security-information-and-event-management?utm_source=openpr

Market Segmentation of the Security Information and Event Management Market

The security information and event management (SIEM) market is broadly segmented based on deployment, architecture, component, organization size, end-user industry, application, and geography.

By Deployment

On-premise

Cloud

Hybrid

By SIEM Architecture

Legacy / Traditional SIEM

Cloud-native / Next-Gen SIEM

Open-source SIEM

By Component

Platform / Software

Professional Services

Managed SIEM Services (MSSP)

By Organization Size

Small and Medium Enterprises

Large Enterprises

By End-user Industry

Banking, Financial Services and Insurance (BFSI)

Retail and E-commerce

Government and Defense

Healthcare and Life Sciences

Manufacturing

Energy and Utilities

Telecom and IT

Others

By Application

Threat Detection and Analytics

Compliance and Audit Management

Incident Response and Forensics

Log Management and Reporting

Cloud-Workload Security Monitoring

IoT / OT Security Monitoring

By Geography

North America (United States, Canada, Mexico)

South America (Brazil, Argentina, Rest of South America)

Europe (United Kingdom, Germany, France, Italy, Spain, Nordics, Rest of Europe)

Middle East and Africa (Saudi Arabia, United Arab Emirates, Turkey, Rest of Middle East, South Africa, Egypt, Nigeria, Rest of Africa)

Asia-Pacific (China, India, Japan, South Korea, ASEAN, Australia, New Zealand, Rest of Asia-Pacific)

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Key Players in the Security Information and Event Management Market

The security information and event management market share is competitive, with major technology providers and cybersecurity firms actively enhancing their portfolios.

Cisco Systems, Inc.: Cisco delivers SIEM capabilities integrated within its broader cybersecurity ecosystem, helping enterprises monitor networks and detect threats in real-time.

Microsoft Corporation: Through solutions like Microsoft Sentinel, the company provides cloud-native SIEM platforms that integrate with Azure and enterprise IT systems.

International Business Machines Corporation (IBM): IBM's QRadar SIEM platform remains one of the leading offerings in the industry, known for its scalability and advanced analytics.

Rapid7, Inc.: Rapid7 focuses on simplified threat detection and incident response through its InsightIDR platform, catering to enterprises of all sizes.

Fortinet, Inc.: Fortinet combines SIEM with its broader security suite, delivering strong integration for network and application protection.

These companies are investing in AI-driven analytics, automation, and cloud-native architectures to strengthen their offerings and maintain competitive advantage in the SIEM industry.

Conclusion
The security information and event management (SIEM) market is becoming a cornerstone of enterprise cybersecurity strategies worldwide. With growing cyber risks, strict regulatory environments, and the expansion of digital ecosystems, organizations are turning to SIEM solutions to improve threat visibility, accelerate response, and ensure compliance. As cloud adoption rises and managed services become more popular, the SIEM industry is expected to witness sustained growth across regions and verticals.

For complete SIEM market analysis, visit the Mordor Intelligence page:
https://www.mordorintelligence.com/industry-reports/global-security-information-and-event-management?utm_source=openpr

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