What is Security Event Manager Software Market Scope?
Security event manager software is a solution that aggregates and analyses activity from different resources across your entire IT infrastructure. It collects security data from a network device, domain controllers, and many more. The security event manager software is an important part of the data security ecosystem. It aggregates data from multiple systems and analyzes that data to catch abnormal behavior or potential cyberattacks.
The Security Event Manager Software market study is being classified, by Application (Security Log / Event Management, Security Information Management, Security Event correlation and Others) and major geographies with country level break-up.
Security event manager software is a fragmented market with various key players. Key players are mostly focusing on the launch of security solutions over the globe to enhance their product portfolio as well as focus and merger and acquisition activities to expand their global presence in the market.
Splunk Technology (United States), LogRhythm (United States), AT&T Cybersecurity (United States), ArcSight (United States), BlueTalon (United States), Tenable, Inc. (United States), SolarWinds (United States), Netwitness (United States), WatchGuard Technologies (United States) and Loggly (United States) are some of the key players profiled in the study.
Analyst at AMA have segmented the market study of Global Security Event Manager Software market by Type, Application and Region.
On the basis of geography, the market of Security Event Manager Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Influencers and their development strategies
On 13th January 2021, LogRhythm has announced the acquisition of MistNet. MistNet provides cloud-based analytics to enhance visibility and threat hunting. The acquisition enhances the solution providers' reach into the threat detection market and accelerates their entry into the XDR market.
On 17th November 2021, AT&T Cybersecurity has launched an integrated, managed cybersecurity solution. It helps United States federal agencies modernize and protect their IT infrastructure in compliance with Trusted Internet Connection (TIC) 3.0 cybersecurity guidance.
Influencing Market Trend
- Organization Focused towards Increase Efficiency
- Surging Health and Safety Focus
- Increasing Application of Security Event Manager Software to Reduce the Impact of Security Events
- Security Event Manager Software Provides Opportunities to use AI and Automation to Find a Solution to a Security Issue
- Increasingly Popular Security Orchestration, Automation and Response can create Opportunities for the Security Event Manager Software Market Growth
- Growing Cyber Attacks and Fraud Related Activities
- Lack of Cyber Security Laws
- Lack of Manpower in IT Infrastructure
Key Target AudienceSecurity Event Manager Software Developers, New Entrants, Regulatory Bodies, Potential Investors, Research and Development Institutes and Others
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To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also include significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets , To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.
Frequently Asked Questions (FAQ):
1. At what growth rate would the Security Event Manager Software market expands?
The Global Security Event Manager Software market is expected to see a growth of % during projected year 2021 to 2027.
2. Who are the prominent players of the Global Security Event Manager Software market?
The prominent players of Global Security Event Manager Software market are Splunk Technology (United States), LogRhythm (United States), AT&T Cybersecurity (United States), ArcSight (United States), BlueTalon (United States), Tenable, Inc. (United States), SolarWinds (United States), Netwitness (United States), WatchGuard Technologies (United States) and Loggly (United States), to name a few.
3. What are the top priorities to focus for Security Event Manager Software marketís growth?
In this highly competitive & fast evolving Security Event Manager Software industry, the top strategic priorities would remain consistent like innovation, R&D and M&A.