North America Security Information and Event Management Market Outlook and Insights by 2027

Historic Data: 2016-2017 | Base Year: 2018 | Forecast Period: 2019-2027

North America Security Information and Event Management Market to 2027 - Regional Analysis and Forecasts by Solution (Patch Management, Log & Event Management, Firewall Security Management and Others); Service (Integration, Consulting and Support); and End User (Healthcare, Energy & Utility, BFSI, Government, Retail and Others)

Report Date : Apr 2019
Report Code : TIPRE00004310

Category : Technology, Media and Telecommunications
Status : Published

Available Report Formats :
No. of Pages : 150

Analysis Strategic Insights Market Drivers Regional Insights Report Scope Recent Developments FAQs

Security Information and Event Management market in North America is expected to grow from US$ 701.10 Mn in 2018 to US$ 1,492.3 Mn by the year 2027. This represents a CAGR of 8.9% from the year 2019 to 2027.

Growing cyber threats across industries is fueling the North America Security Information and Event Management market. Cyber-attacks are on the rise in both enterprises and government sector around the globe. Ever-increasing threats and evolving industry and government regulations are forcing organizations to invest heavily in security infrastructure. Cyber security has already become a critical issue across business, industry, government and civil society; it will only grow more urgent as the online world becomes a central and underlying component of the physical world. Organizations are becoming increasingly alert to cyber threats, thereby driving the Security Information and Event Management market in North America.

The reducing operational costs with the mounting popularity of automation solutions is anticipated to fuel the North America Security Information and Event Management market growth. The unprecedented increase in the volume of threats incidence coupled with the requirement for a related response, the action often consumes a significant portion of the SOC professional. Moreover, the inclusion of multiple false positive alerts and event notification further creates a challenging task for allocating the resource on high priority and sensitive alerts. As a result, the SIEM offers a viable alternative coupled with versatile benefits. For instance, the integration of efficient solution yields a significant reduction in resolving various low threat risks, segregation of alerts based on priority, triaging, and automated response considerably. These initiative by the market player are enhancing the growth of North America Security Information and Event Management market.

US is anticipated to leads the Security Information and Event Management market across the North America region through the forecast period. The growth in SIEM in the U.S. is mainly driven by factors which includes its state of being one of the best internet connected countries in the world, with around 85% of its population using internet in 2018; in addition, the country is also ranked second globally for online B2C transactions; and, the ever-increasing cybercrime costs that had reached $100 billion in the US in 2014, which is nearly one-fourth of the $445 billion, all these aspects are owing to significant growth of SIEM market. This will further propel the growth of manufacturing industry in the country thereby, accelerating the growth of Security Information and Event Management market in the U.S. This bolster the North America Security Information and Event Management market on the forecast period. The figure given below highlights the revenue share of Mexico in the North America Security Information and Event Management market in the forecast period:

Mexico Security Information and Event Management Market Revenue and Forecasts to 2027 (US$ Bn)

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This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

NORTH AMERICA SECURITY INFORMATION AND EVENT MANAGEMENT – MARKET SEGMENTATION

By Solution

Patch Management
Log & Event Management
Firewall Security Management
Others

By Service

Integration
Consulting
Support

By End User

Healthcare
Energy & Utility
BFSI
Government
Retail
Others

By Country

US
Canada
Mexico

Companies Mentioned

AlienVault
DFLABS SPA
Fireeye, Inc.
Hewlett Packard Enterprise Development LP (HPE)
IBM Corporation
LogRhythm, Inc.
RSA Security LLC
SolarWinds Inc.
Splunk Inc.
TIBCO Software Inc.

North America Security Information and Event Management Report Scope

Report Attribute	Details
Market size in 2018	US$ 701.10 Million
Market Size by 2027	US$ 1,492.3 Million
Global CAGR (2019 - 2027)	8.9%
Historical Data	2016-2017
Forecast period	2019-2027
Segments Covered	By Solution Patch Management Log & Event Management Firewall Security Management By Service Integration Consulting and Support By End User Healthcare Energy & Utility BFSI Government Retail
Regions and Countries Covered	North America US Canada Mexico
Market leaders and key company profiles	AlienVault DFLABS SPA Fireeye, Inc. Hewlett Packard Enterprise Development LP (HPE) IBM Corporation LogRhythm, Inc. RSA Security LLC SolarWinds Inc. Splunk Inc.

Research Manager

Ankita Mittal

Manager,
Market Research & Consulting

Ankita is a dynamic market research and consulting professional with over 8 years of experience across the technology, media, ICT, and electronics & semiconductor sectors. She has successfully led and delivered 100+ consulting and research assignments for global clients such as Microsoft, Oracle, NEC Corporation, SAP, KPMG, and Expeditors International. Her core competencies include market assessment, data analysis, forecasting, strategy formulation, competitive intelligence, and report writing.

Ankita is adept at handling complete project cycles—from pre-sales proposal design and client discussions to post-sales delivery of actionable insights. She is skilled in managing cross-functional teams, structuring complex research modules, and aligning solutions with client-specific business goals. Her excellent communication, leadership, and presentation abilities have enabled her to consistently deliver value-driven outcomes in fast-paced and evolving market environments.

What are the North America Security Information and Event Management Market report deliverables?

Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
PEST and SWOT Analysis
Market Size Value / Volume - Global, Regional, Country
Industry and Competitive Landscape
Excel Dataset

North America Security Information and Event Management Market Report Snapshots

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