The Latin America Security Information and Event Management (SIEM) market is Expected to grow at a CAGR of 9.6% from 2014 to 2019 - A Report by MicroMarket Monitor
(PRWEB) December 15, 2014 -- The Latin America Security Information and Event Management (SIEM) market report defines and segments the concerned market, with analysis and forecast of revenue. This market is estimated to grow from $277.6 million in 2014 to $439.5 million by 2019, at a CAGR of 9.6% from 2014 to 2019.
Browse through the TOC of the Latin America Security Information and Event Management (SIEM) market for an in-depth analysis of the industry trends and segments, with help of various tables and figures.
The SIEM solution is combination of log collection and event correlation. Logs get collected from across Information Technology (IT) infrastructure which includes all network devices, servers, security appliances, databases, workstations, and others. Log event correlation occurs real-time and in-memory to identify zero-day threats. SIEM provide two sub-markets, SIM (Security Information Management) and SEM (Security Event Management) to supplement threat management, compliance, and a combination of both. The demand of effective SIEM solutions and services is constantly growing because of the massive rush of cyber-attacks and security & compliance breaches that affects business.
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Some of the key benefits that attract the market for Latin America Security Information and Event Management are real-time threat detection and file integrity monitoring.
This market is segmented on the basis of industry verticals into Banking and Financial Services, Healthcare, Government, Retail and Hospitality, Telecommunication and IT, Education and Academia, Energy & Utility. This market is segmented on the basis of solutions which are Log and event management Firewall security management, Patch management and other solutions. It is further segmented on the basis of Services which includes Consulting, Integration and Support. It is also segmented on the basis of users which are Small and Medium Businesses (SMBs) and Enterprises.
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The report highlights on crucial aspects of the Security Information and Event Management (SIEM) market in Latin America, such as market share, value chain analysis, and market metrics including drivers and restraints. Additionally, it also presents a comprehensive estimation of leading companies sustaining a firm hold in this marketplace.
Related Reports:
Europe Security Information & Event Mgt. (SIEM) Market
The Europe security information and event management (SIEM) market is expected to grow from $0.65 billion in 2014 to $1.17 billion in 2019 at CAGR of 12.5% for the period 2014 to 2019. The market is primarily driven by the stricter regulatory compliances.
Today, organizations are not excelling at identifying targeted attacks and security and compliance breaches. This could be addressed by better threat intelligence, behavior profiling and better analytics.
http://www.micromarketmonitor.com/market/europe-security-information-event-mgt-siem-8991723822.html
Asia-Pacific Security Information & Event Mgt. (SIEM) Market
The Asia-Pacific security information and event management (SIEM) market is expected to grow from $0.35 billion in 2014 to $0.63 billion in 2019 at CAGR of 12.4% for the period 2014 to 2019.
The APAC region consists of many developing economies such as China, India, South Korea and others. Emerging markets have instable infrastructure that are prone to security threats. Hence there is high demand for SIEM solutions that would help in efficiently monitoring external threats and protecting organizations against them.
http://www.micromarketmonitor.com/market/asia-pacific-security-information-event-mgt-siem-9344716858.html
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