Global Market Size of Security information and Event – 10 Year Market Forecast

ICT

Security Information and Event Market Size Forecast 2022-2029

According to Markets, the global Security Information and Event Management (SIEM) market is expected to grow at a CAGR of 6 % from USD 4.64 billion in 2022 to USD 7.21 billion by 2029. The primary factors driving demand for the market during the forecast period are the need for continuous monitoring and incident response, adherence to compliance requirements, gaining and maintaining certifications, and managing and retaining logs.Security information and event management (SIEM) is a subset of computer security that combines security information management (SIM) and security event management (SEM) in software products and services (SEM). They analyze security alerts generated by applications and network hardware in real time.

Frequently Asked Questions(FAQ)

• What is Global Market Database

• The global market database is a cloud-based market research and intelligence tool that provides up-to-date market information about 600+ markets including security information and the event sector.
• What are key function of security information and event?

• key function is to send notifications, data collection,policies.
• What are Security information and event management tools?

• ArcSight, IBM Qradar, Splunk are the management tools
• Why is it useful?

• A SIEM serves as the central hub for all of your system's logs. It will save all of the information and events that occur in your environment.
• Who needs SIEM?

• SIEM is important because it makes it easier for businesses to manage security by filtering large amounts of data and prioritizing security alerts generated by the software.

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