The Next Gen SIEM market report provides an in-depth analysis of the market size, forecasts, and opportunities of Next-Gen SIEM Platforms and Services targeted at SMBs and Enterprises. Services analyzed in the study include Professional Services and Managed Services.
Professional services include:
- Design and Consulting
- Implementation and Integration
- Maintenance and Support
The study includes market analysis of Next Gen SIEM, categorized by two types of Deployments: On-Premise Deployment and Cloud-based Deployment. Further to this, the report also provides the market data for Next-Gen SIEM across eight verticals and five regions – North America, Europe, Asia-Pacific, Central America, and Latin America (CALA), and Middle-East and Africa (MEA).
This Next-Gen SIEM market report also includes insights into key market requirements gathered from service providers, network engineers, IT managers, CIOs, CTOs, IT decision makers, and opinion leaders. This report has been built on a rigorous period of information gathering from both secondary and primary sources through several interviews with industry participants, manufacturers, suppliers, vendors, consultants, organizations, and regulators.
Data gathered from these interviews and surveys was curated, analyzed, and engineered to understand buying, spending, demand, and supply patterns and to estimate market sizes and forecasts. The resultant data was checked for applicability across value chains through market-data associations and then further validated through multiple check points to check consistencies, error samples, variances.
The analysis in the Next-Gen Market report will help market participants, vendors, suppliers, system integrators, channel players, manufacturers, and value-added resellers (VARs) to develop strategies, marketing goals and business decisions based on the actionable market intelligence from this report.
Questions answered in the Next Gen SIEM Market Report.
- What is the current market size of Next-Gen SIEM market?
- What is the estimated market size of Next-Gen SIEM Platforms and Services in the next 5 years?
- What is the market opportunity for On-Premise Deployment and Cloud-based Deployment?
- What is the market size and opportunity for Next-Gen SIEM Solutions across multiple industries?
- What are the companies in this space and what do they offer?
1 NEXT GEN SIEM: RESEARCH OVERVIEW AND SUMMARY
1.1 Research Design
1.1.1 Research Goals
1.1.2 Research Scope
1.1.3 Research Methodology
1.1.4 Market Assumptions
1.2 Executive Summary
1.3 Market Introduction
1.3.1 Market Definition
1.3.2 Market Segmentation
1.3.3 Market Forces
2 NEXT GEN SIEM: MARKET SIZE AND FORECAST BY SEGMENTS
2.1 Market Overview
2.2.1 Market Size and Forecasts by Regions
2.3.1 Market Size and Forecasts by Types
2.3.2 Professional Services
2.3.2. a Market Size and Forecasts by Types
2.3.2. b Market Size and Forecasts by Regions
2.3.3 Managed Services
2.3.3. a Market Size and Forecasts by Regions
3 NEXT GEN SIEM: MARKET SIZE AND FORECAST BY DEPLOYMENTS
3.1 On-Premise Deployment
3.1.1 Market Size and Forecasts by Regions
3.2 Cloud-based Deployment
3.2.1 Market Size and Forecasts by Regions
4 NEXT GEN SIEM: MARKET SIZE AND FORECASTS BY USERS AND VERTICALS
4.1 By Users
4.1.1 Small and Medium Businesses (SMBs)
4.1.1. a Market Size and Forecasts by Regions
4.1.2. a Market Size and Forecasts by Regions
4.2 by Verticals
4.2.1 Aerospace and Defense
4.2.1. a Market Size and Forecasts by Regions
4.2.2 Automotive and Transportation
4.2.2. a Market Size and Forecasts by Regions
4.2.3 Banking and Finance
4.2.3. a Market Size and Forecasts by Regions
4.2.4 Energy, Power, and Utilities
4.2.4. a Market Size and Forecasts by Regions
4.2.5 Healthcare and Life Sciences
4.2.5. a Market Size and Forecasts by Regions
4.2.6 Retail and Consumer
4.2.6. a Market Size and Forecasts by Regions
4.2.7 Technology and Media
4.2.7. a Market Size and Forecasts by Regions
4.2.8. a Market Size and Forecasts by Regions
5 NEXT GEN SIEM: MARKET SIZE AND FORECASTS BY REGIONS
5.1 Market Overview
5.2 North America
5.2.1 Market size and Forecast by Segments
5.2.2 Market size and Forecast by Deployments
5.2.3 Market size and Forecast by Users
5.2.4 Market size and Forecast by Verticals
5.3.1 Market size and Forecast by Segments
5.3.2 Market size and Forecast by Deployments
5.3.3 Market size and Forecast by Users
5.3.4 Market size and Forecast by Verticals
5.4.1 Market size and Forecast by Segments
5.4.2 Market size and Forecast by Deployments
5.4.3 Market size and Forecast by Users
5.4.4 Market size and Forecast by Verticals
5.5 Central America/ Latin America
5.5.1 Market size and Forecast by Segments
5.5.2 Market size and Forecast by Deployments
5.5.3 Market size and Forecast by Users
5.5.4 Market size and Forecast by Verticals
5.6 Middle-East and Africa
5.6.1 Market size and Forecast by Segments
5.6.2 Market size and Forecast by Deployments
5.6.3 Market size and Forecast by Users
5.6.4 Market size and Forecast by Verticals
6 NEXT GEN SIEM: MARKET PLAYERS AND OFFERINGS
Organizations worldwide have been adopting security systems, tools, and techniques to effectively monitor threats and translate alerts into actionable intelligence. This type of security, which is involved in detecting threats and responding to the security incidents via analysis of historical security data with real-time data collection, is the segment for Security Information and Event Management (SIEM). Traditionally, SIEM solutions scrutinize data from network hardware, end-user devices, security systems, and servers and transmits it to the central intelligence unit for analysis.
While SIEM adoption has been gaining significant market momentum, there are some deployment challenges that hinder complete enterprise adoption. Multiple components within the SIEM ecosystem are disparate and needs to be consolidated for effective user, system, and architectural productivity. Next Gen SIEM addresses such challenges by effectively engulfing individual security components such as advanced analytics, intelligence computing based orchestration, and User Entity and Behavioral Analytics (UEBA) into a unified security platform, thereby making it easier for enterprise adoption and deployment.
The vendor landscape comprises of more than twenty security companies in this space. This ecosystem might also evolve to accommodate new vendors with consolidated security platforms and solutions that can be horizontally and vertically integrated. Apart from this, some UEBA vendors might get engulfed into the unified platform and be redefined as Next Gen SIEM. The Next-Gen SIEM market opportunity is available for not just SIEM or UEBA providers, but also can be extended to managed service providers and cloud providers. These companies can benefit from newer revenue streams from delivering business services through managed platforms and services.
The Next Gen SIEM market opportunity is substantial as security is getting smarter with the integration of UEBA, SIEM, and advanced analytics. This market is set to grow at a significant rate through the forecast period as more enterprises get cognizant about being security-centric from an IT perspective. This report forecasts the worldwide Next-Gen SIEM market, categorized by Platforms and Services, and by Deployments, Users, Verticals, and Regions, to reach $6.75 billion in revenues in 2023.
- Comodo Security Solutions
- ManageEngine (Zoho)
- Micro Focus
- Secureworks (Dell)