Security Information and Event Management market in Europe is expected to grow from US$ 1,023.9 Mn in 2018 to US$ 2,809.7 Mn by the year 2027. This represents a CAGR of 12.0% from the year 2019 to 2027.
Rising spending on cybersecurity solutions by large and medium enterprises is fueling the Europe Security Information and Event Management market. The advancement in IT technologies has witnessed unprecedented adoption across the industry verticals. Moreover, the growing popularity of IoT solutions and connected devices has further boosted the penetration of IT solution across major industrial and service sectors. As a result, the significant presence of IT systems and solutions coupled with large exposure to various devices results in the effective and efficient management of cybersecurity posture of the organization, thereby driving the Security Information and Event Management market in Europe.
The integration of AI and other advanced technologies for alerting and pattern based monitoring is anticipated to fuel the Europe Security Information and Event Management market growth. Rapidly modernizing security threats in the coming years is expected to raise its capability to hastily analyze a large amount of data with the help of disruptive technologies like Artificial Intelligence. The ability of Artificial Intelligence to provide quick mathematical calculations in order to augment the vital abilities of human intelligence is anticipated to generate the most significant growth opportunity for the Europe SIEM market in the near future. These initiative by the market player are enhancing the growth of Europe Security Information and Event Management market.
Germany is anticipated to leads the Security Information and Event Management market across the Europe region through the forecast period. Germany is among the countries that have been persistently achieving the cybersecurity of its online ecosystem over the years. At present, the country is among the top five provinces in the EU member state. Furthermore, the country has also showcased improved performance when it comes to encounters with malware and the scale of infected computers. Thus, the country secures a prominent position in the SIEM market. This bolsters the Europe Security Information and Event Management market on the forecast period. The figure given below highlights the revenue share of Italy in the Europe Security Information and Event Management market in the forecast period:
Italy Security Information and Event Management Market Revenue and Forecasts to 2027 (US$ Bn)
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EUROPE 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
- UK
- Germany
- France
- Italy
- Russia
- Rest of Europe
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.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Solution, Service, and End User
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
UK, Germany, France, Italy, Russia
PART 1. iNTRODUCTION
1.1 Scope of the Study
1.2 The Insight partners research report guidance
1.3 market segmentation
1.3.1 Europe Security Information and Event Management Market – By Solution
1.3.2 Europe Security Information And Event Management Market – By Service
1.3.3 Europe Security Information and Event Management Market – By End User
1.3.4 Europe Security Information and Event Management Market – By Country
PART 2. key takeaways
PART 3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
PART 4. europe security information and event management market landscape
4.1 market overview
4.2 Ecosystem Analysis
4.3 Europe pest analysis
PART 5. europe security information and event management market – key industry dynamics
5.1 key market drivers
5.1.1 Rising Spending on Cyber Security Solutions by Large and Medium Enterprises
5.2 Key market restraints
5.2.1 Absence of Technically Skilled Cyber Security Experts
5.3 key market opportunities
5.3.1 Mounting Acceptance of Automation Solutions Tends to Reduce Operational Costs
5.4 Future trends
5.4.1 Integration of AI and other advanced technologies for alerting and pattern based monitoring
5.5 impact analysis of Drivers and restraints
PART 6. security information and event management – europe market analysis
6.1 Europe Security information and event management Market Overview
6.2 Europe security information and event management market Forecast and Analysis
PART 7. Europe Security Information and Event Management Analysis – By Solution
7.1 Overview
7.2 Europe Security Information and Event Management Breakdown, By Solution, 2018 & 2027
7.3 PATCH MANAGEMENT
7.3.1 Overview
7.3.2 Europe Security Information and Event Management Breakdown, By Patch Management Revenue and Forecasts to 2027 (US$ Mn)
7.4 Log & Event Management
7.4.1 Overview
7.4.2 Europe Security Information and Event Management Breakdown, By Log & Event Management Market Revenue and Forecasts to 2027 (US$ Mn)
7.5 FIREWALL SECURITY MANAGEMENT
7.5.1 Overview
7.5.2 Europe Security Information and Event Management Breakdown, By Firewall Security Management Market Revenue and Forecasts to 2027 (US$ Mn)
7.6 OTHERS
7.6.1 Overview
7.6.2 Europe Security Information and Event Management Breakdown, By Others Market Revenue and Forecasts to 2027 (US$ Mn)
PART 8. europe Security Information and Event Management revenue and forecasts to 2027 – Service
8.1 Overview
8.2 Europe Security Information and Event Management Breakdown, By Service, 2018 & 2027
8.3 Integration
8.3.1 Overview
8.3.2 Europe Security Information and Event Management Breakdown, By Integration Market Revenue and Forecasts to 2027 (US$ Mn)
8.4 Consulting
8.4.1 Overview
8.4.2 Europe Security Information and Event Management Breakdown, By Consulting Market Revenue and Forecasts to 2027 (US$ Mn)
8.5 Support
8.5.1 Overview
8.5.2 Europe Security Information and Event Management Breakdown, By Support Market Revenue and Forecasts to 2027 (US$ Mn)
PART 9. europe Security Information and Event Management market revenue and forecasts to 2027 – Industry Vertical
9.1 Overview
9.2 europe Security Information and Event Management MARKET Breakdown, By Industry Vertical, 2018 & 2027
9.3 Healthcare MARKET
9.3.1 Overview
9.3.2 Europe Security Information and Event Management Breakdown, By Healthcare Market Revenue and Forecasts to 2027 (US$ Mn)
9.4 Energy & Utility MARKET
9.4.1 Overview
9.4.2 Europe Security Information and Event Management Breakdown, By Energy & Utility Market Revenue and Forecasts to 2027 (US$ Mn)
9.5 BFSI MARKET
9.5.1 Overview
9.5.2 Europe Security Information and Event Management Breakdown, By BFSI Market Revenue and Forecasts to 2027 (US$ Mn)
9.6 Government MARKET
9.6.1 Overview
9.6.2 Europe Security Information and Event Management Breakdown, By Government Market Revenue and Forecasts to 2027 (US$ Mn)
9.7 Retail MARKET
9.7.1 Overview
9.7.2 Europe Security Information and Event Management Breakdown, By Retail Market Revenue and Forecasts to 2027 (US$ Mn)
9.8 Others MARKET
9.8.1 Overview
9.8.2 Europe Security Information and Event Management Breakdown, By Other Industry Vertical Market Revenue and Forecasts to 2027 (US$ Mn)
PART 10. europe Security Information and Event Management market – country Analysis
10.1 overview
10.1.1 Europe Security Information and Event Management Market Breakdown, by Key Countries
10.1.1.1 France Security Information and Event Management Market Revenue and Forecasts to 2027 (US$ MN)
10.1.1.1.1 France Security Information and Event Management Market Breakdown by Solution
10.1.1.1.2 France Security Information and Event Management Market Breakdown by Service
10.1.1.1.3 France Security Information and Event Management Market Breakdown by Industry Vertical
10.1.1.2 Germany Security Information and Event Management Market Revenue and Forecasts to 2027 (US$ MN)
10.1.1.2.1 Germany Security Information and Event Management Market Breakdown by Solution
10.1.1.2.2 Germany Security Information and Event Management Market Breakdown by Service
10.1.1.2.3 Germany Security Information and Event Management Market Breakdown by Industry Vertical
10.1.1.3 Italy Security Information and Event Management Market Revenue and Forecasts to 2027 (US$ Mn)
10.1.1.3.1 Italy Security Information and Event Management Market Breakdown by Solution
10.1.1.3.2 Italy Security Information and Event Management Market Breakdown by Service
10.1.1.3.3 Italy Security Information and Event Management Market Breakdown by Industry Vertical
10.1.1.4 Russia Security Information and Event Management Market Revenue and Forecasts to 2027 (US$ Mn)
10.1.1.4.1 Russia Security Information and Event Management Market Breakdown by Solution
10.1.1.4.2 Russia Security Information and Event Management Market Breakdown by Service
10.1.1.4.3 Russia Security Information and Event Management Market Breakdown by Industry Vertical
10.1.1.5 UK Security Information and Event Management Market Revenue and Forecasts to 2027 (US$ Mn)
10.1.1.5.1 UK Security Information and Event Management Market Breakdown by Solution
10.1.1.5.2 UK Security Information and Event Management Market Breakdown by Service
10.1.1.5.3 UK Security Information and Event Management Market Breakdown by Industry Vertical
10.1.1.6 Rest of Europe Security Information and Event Management Market Revenue and Forecasts to 2027 (US$ Mn)
10.1.1.6.1 Rest of Europe Security Information and Event Management Market Breakdown by Solution
10.1.1.6.2 Rest of Europe Security Information and Event Management Market Breakdown by Service
10.1.1.6.3 Rest of Europe Security Information and Event Management Market Breakdown by Industry Vertical
PART 11. europe security information and event management market - Industry Landscape
11.1 Market Initiative
11.2 Merger and Acquisition
11.3 New Development
PART 12. europe security information and event management market - key company profiles
12.1 AT&T Inc. (AlienVault)
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Product and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 dflabs spa
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Financial Overview
12.2.4 SWOT Analysis
12.2.5 Key Developments
12.3 fireeye, inc.
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Financial Overview
12.3.4 SWOT Analysis
12.3.5 Key Developments
12.4 Hewlett Packard Enterprise Development LP (HPE)
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 International Business Machines Corporation
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 LogRhythm, Inc.
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Product and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 RSA Security LLC
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Service
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 SolarWinds Inc.
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Product and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Splunk Inc.
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 TIBCO Software Inc.
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
PART 13. Appendix
13.1 about the insight partners
13.2 glossary
13.3 Methodology
13.3.1 Coverage
13.3.2 Secondary Research
13.3.3 Primary Research
list of tables
TABLE 1. EUROPE security information and event management Market Revenue and Forecasts to 2027 (US$ bn)
TABLE 2. Europe Security Information and Event Management Market Revenue and Forecasts to 2027 – By solutions (US$ Mn)
TABLE 3. Europe Security Information and Event Management Market Revenue and Forecasts to 2027 – By services (US$ Mn)
TABLE 4. Europe Security Information and Event Management Market Revenue and Forecasts to 2027 – By industry vertical (US$ Mn)
TABLE 5. Europe Security Information and Event Management Market Revenue and Forecasts to 2027 – By country (US$ Mn)
TABLE 6. France Security Information and Event Management Market Revenue and Forecasts to 2027 – By Solution (US$ Mn)
TABLE 7. France Security Information and Event Management Market Revenue and Forecasts to 2027 – By Service (US$ Mn)
TABLE 8. france Security Information and Event Management Market Revenue and Forecasts to 2027 – By Industry Vertical (US$ Mn)
TABLE 9. Germany Security Information and Event Management Market Revenue and Forecasts to 2027 –
By Solution (US$ Mn)
TABLE 10. Germany Security Information and Event Management Market Revenue and Forecasts to 2027 – By Service (US$ Mn)
TABLE 11. Germany Security Information and Event Management Market Revenue and Forecasts to 2027 –By Industry Vertical (US$ Mn)
TABLE 12. Italy Security Information and Event Management Market Revenue and Forecasts to 2027 –By Solution (US$ Mn)
TABLE 13. Italy Security Information and Event Management Market Revenue and Forecasts to 2027 – By Service
(US$ Mn)
TABLE 14. Italy Security Information and Event Management Market Revenue and Forecasts to 2027 – By Industry Vertical (US$ Mn)
TABLE 15. Russia Security Information and Event Management Market Revenue and Forecasts to 2027 – By Solution (US$ Mn)
TABLE 16. Russia Security Information and Event Management Market Revenue and Forecasts to 2027 – By Service (US$ Mn)
TABLE 17. Russia Security Information and Event Management Market Revenue and Forecasts to 2027 – By Industry Vertical (US$ Mn)
TABLE 18. UK Security Information and Event Management Market Revenue and Forecasts to 2027 – By Solution
(US$ Mn)
TABLE 19. UK Security Information and Event Management Market Revenue and Forecasts to 2027 – By Service
(US$ Mn)
TABLE 20. UK Security Information and Event Management Market Revenue and Forecasts to 2027 – By Industry Vertical (US$ Mn)
TABLE 21. rest of europe Security Information and Event Management Market Revenue and Forecasts to 2027 –
By Solution (US$ Mn)
TABLE 22. rest of europe Security Information and Event Management Market Revenue and Forecasts to 2027 –
By Service (US$ Mn)
TABLE 23. Rest of Europe Security Information and Event Management Market Revenue and Forecasts to 2027 –
By Industry Vertical (US$ Mn)
TABLE 24. Glossary of terms, Security information and event management market
list of figures
FIGURE 1. Europe Security information and event management market segmentation
FIGURE 2. Europe security information and event management market segmentation – BY Country
FIGURE 3. Europe SIEM Integration Service market revenue, 2018 & 2027 (US$MN)
FIGURE 4. security information and event management MArket ecosystem analysis
FIGURE 5. SIEM Market – europe PEST Analysis
FIGURE 6. Europe Security information and event management Market Impact Analysis of Driver and Restraints
FIGURE 7. Europe security information and event management Market Forecast and Analysis, (US$ bn)
FIGURE 8. Europe Security Information and Event Management Breakdown By Solution, 2018 & 2027 (%)
FIGURE 9. Europe Security Information and Event Management Breakdown, By PATCH MANAGEMENT Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 10. Europe Security Information and Event Management Breakdown, By Log & Event Management Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 11. Europe Security Information and Event Management Breakdown, By FIREWALL SECURITY MANAGEMENT Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 12. Europe Security Information and Event Management Breakdown, By OTHERS Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 13. europe Security Information and Event Management Breakdown, By Service, 2018 & 2027 (%)
FIGURE 14. Europe Security Information and Event Management Breakdown, By Integration market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 15. Europe Security Information and Event Management Breakdown, By Consulting market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 16. Europe Security Information and Event Management Breakdown, By Support market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 17. europe Security Information and Event Management Market Breakdown, By Industry Vertical, 2018 & 2027 (%)
FIGURE 18. Europe Security Information and Event Management Breakdown, By Healthcare Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 19. Europe Security Information and Event Management Breakdown, By Energy & Utility Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 20. Europe Security Information and Event Management Breakdown, By BFSI Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 21. Europe Security Information and Event Management Breakdown, By Government Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 22. Europe Security Information and Event Management Breakdown, By Retail Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 23. Europe Security Information and Event Management Breakdown, By OTHERS Industry Vertical Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 24. Europe Security Information and Event Management Market Breakdown by Key Countries, 2018 & 2027(%)
FIGURE 25. France Security Information and Event Management Market Revenue and Forecasts to 2027 (US$ MN)
FIGURE 26. germany Security Information and Event Management Market Revenue and Forecasts to 2027 (US$ MN)
FIGURE 27. Italy Security Information and Event Management Market Revenue and Forecasts to 2027 (US$ MN)
FIGURE 28. Russia Security Information and Event Management Market Revenue and Forecasts to 2027 (US$ MN)
FIGURE 29. UK Security Information and Event Management Market Revenue and Forecasts to 2027 (US$ MN)
FIGURE 30. rest of europe Security Information and Event Management Market Revenue and Forecasts to 2027 (US$ MN)
The List of Companies
- 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.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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