Dublin, Dec. 13, 2024 (GLOBE NEWSWIRE) -- The "Modern SIEM Market, Global, 2023-2028" report has been added to ResearchAndMarkets.com's offering.
The modern SIEM market is projected to grow from $6.27 billion in 2023 to $12.10 billion by 2028, reflecting a robust compound annual growth rate (CAGR) of 14.1%.
This upward trend signifies organizations' growing recognition of the importance of modern SIEM solutions in enhancing their cybersecurity frameworks. With the escalation of cyberthreats in both frequency and sophistication, organizations are prioritizing comprehensive solutions that not only protect their data but also enhance their overall security posture and resilience.
The integration of advanced capabilities, such as user and entity behavior analytics (UEBA) and security orchestration, automation, and response (SOAR) within modern SIEM platforms, is a key driver of market growth. These technologies enhance threat detection accuracy and expedite incident response, providing organizations with the visibility and control required to navigate today's complex threat landscape. The inclusion of UEBA offers deep behavioral insights, allowing the identification of insider threats and compromised accounts, while SOAR capabilities emphasize automation, streamlining response processes to reduce manual effort and alleviate the burden on security teams.
As organizations increasingly adopt these converged platforms, they benefit from a unified, automated approach that improves scalability, aligns security strategies with business objectives, and ensures compliance. The convergence of SIEM, SOAR, and UEBA positions modern SIEM as an essential solution for enterprises striving to enhance their security posture in an evolving threat environment.
Key Topics Covered:
Growth Opportunities: Research Scope
- Market Definition and Scope of Analysis
- Segmentation
Growth Environment: Transformation in the Modern SIEM Market
- Why is it Increasingly Difficult to Grow?
- The Strategic Imperative 8
- The Impact of the Top 3 Strategic Imperatives on the Global Modern SIEM Industry
Ecosystem in the Modern SIEM Market
- Competitive Environment
- Key Competitors
Growth Generator in the Modern SIEM Market
- Growth Metrics
- Growth Drivers
- Growth Restraints
- Forecast Considerations
- Revenue Forecast
- Revenue Forecast Analysis
- Revenue Forecast by Region
- Revenue Forecast Analysis by Region
- Revenue Forecast by Technology
- Revenue Forecast Analysis by Technology
- Revenue Forecast by Industry Vertical
- Revenue Forecast Analysis by Industry Vertical
- Pricing Trends and Forecast Analysis
- Revenue Share
- Revenue Share Analysis - Splunk
- Revenue Share Analysis - Microsoft
- Revenue Share Analysis - IBM
- Revenue Share Analysis - Elastic
- Revenue Share Analysis - LogRhythm
- Revenue Share Analysis - Rapid7
- Revenue Share Analysis - Fortinet
- Revenue Share Analysis - Sumo Logic
- Revenue Share Analysis - NetWitness
- Revenue Share Analysis - Securonix
- Revenue Share Analysis - OpenText
- Revenue Share Analysis - Palo Alto Networks
- Revenue Share Analysis - ManageEngine
- Revenue Share Analysis - NSFOCUS
- Revenue Share Analysis - Gurucul
- Revenue Share Analysis - Logpoint
Growth Opportunity Universe in the Modern SIEM Market
- Growth Opportunity 1: SIEM Market Consolidation
- Growth Opportunity 2: Emerging Technology Integration
- Growth Opportunity 3: Geographic Market Shift
Insights for CISOs
- Global Cybersecurity End-user Survey Results
- Pros and Cons of SIEM Solutions
- Deciding between On-premise or MSS SIEM Solutions
- Advice on Which Solution to Choose
Appendix & Next Steps
- Benefits and Impacts of Growth Opportunities
For more information about this report visit https://www.researchandmarkets.com/r/5uaslo
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