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2021
Asia Security Information And Event Management Market

Asia Security Information and Event Management Market by Component (Solution and Services), Deployment Model (On-premise and Cloud), Enterprise Size (Large Enterprises and SMEs), and Industry Vertical (BFSI, Government, IT & Telecommunication, Healthcare & Life Sciences, Retail, Manufacturing, and Others): Opportunity Analysis and Industry Forecast, 2021–2030

A14004
Pages: 211
Oct 2021 | 257 Views
   
Author(s) : Vikas Gaikwad & Rachita Rake
Tables: 79
Charts: 72
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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The Asia security information and event management market was valued at $914.73 million in 2020, and is projected to reach $3,483.66 million by 2030, registering a CAGR of 14.2%. Regulatory compliance management such as the Payment Card Industry Data Security Standard (PCI DSS) and Health Insurance Portability and Accountability Act (HIPAA) primarily drives Asia security information and event management market growth. In addition, rise in concerns over IT security has urged organizations to seek more capable defense system as the threat landscape becomes more complex with the dominance of mobile devices and rise in adoption of cloud services.

The Asia security information and event management market has registered increase in its revenue and is expected to reach $1,058.34 million in 2021. The rising cyber-attacks during the Covid-19 pandemic has pushed demand for security information and event management solutions among the enterprises. In addition, the pandemic has led to the acceleration in digital transformation journey of the enterprises; however, cyber-security has become a major concern.

On the basis of component, the solution segment dominated the overall Asia security information and event management industry in 2020, and is expected to continue this trend during the forecast period. SIEM systems are available in a variety of forms, including traditional server software, hardware appliances, cloud-based, and virtual appliances. SIEM systems are currently built as a data store for high-velocity input, with an emphasis on usability. Need for modern SIEM tools to manage the IT security is expected to drive the growth of the SIEM solution segment in near future. However, the services segment is expected to witness highest growth of Asia security information and event management market in the upcoming years. Growth in need for better security management, supportive government policies and rules to implement SIEM software, increase in adoption of SIEM on BYOD, and advancements in the SIEM technology has urged users to seek better knowledge and guidance along with the other services to effectively implement the SIEM technology in enterprises to gain maximum output with high quality.

Asia-Security-Information-and-Event-Management-Market-2021-2030

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According to the enterprise size, the market was dominated by large enterprises in 2020, and is expected to continue this trend during the forecast period. This is attributed to the fact that the SIEM deployments are complex and costly, which makes large enterprises its predominant users. However, SMEs segment is expected to witness highest growth rate due to rise in challenges regarding security and surveillance among the enterprises. 

The report focuses on the growth prospects, restraints, and Asia security information and event management market analysis. The study provides Porter’s five forces analysis of the Asia security information and event management industry to understand the impact of various factors such as bargaining power of suppliers, competitive intensity of competitors, threat of new entrants, threat of substitutes, and bargaining power of buyers on the Asia security information and event management market.

Segment review

The Asia SIEM market is segmented on the basis of component, deployment model, enterprise size, and industry vertical. By component, the market is bifurcated into solution and services. According to the deployment model, the market is classified into on-premise and cloud. As per enterprise size, the market is divided into large enterprises and SMEs. By industry vertical, the Asia SIEM market is categorized into BFSI, government, IT & telecommunication, healthcare & life sciences, retail, manufacturing, and others. By country, the Asia security information and event management market share is studied across China, India, Japan, South Korea, Singapore, Indonesia, and Rest of Asia.

COVID impact analysis

The current estimation of 2030 is projected to be higher than pre-COVID-19 estimates. Post COVID-19, revenue of the Asia security information and event management market size is estimated to be $914.73 million in 2020. It has registered increase in its revenue and is expected to reach $1,058.34 million in 2021. The rising cyber-attacks during the Covid-19 pandemic has pushed demand for security information and event management solutions among the enterprises. 

Asia Security Information and Event Management Market
By Component

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Services segment is projected as one of the most lucrative segments.

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The pandemic has led to the acceleration in digital transformation journey of the enterprises; however, cyber-security has become a major concern. For instance, restrictions due to the work from home and stay at home initiatives has enabled rise of technology usage, leading to the need for ’cyber-safe’ remote-working environment. For instance, in June 2020, Swissinfo.ch, a news and information platform reported that the figures from the National Cyber Security Center (NCSC) found that there were about 350 reported cases of cyber-attacks including fraudulent web sites, phishing, and direct attacks on companies across the Switzerland in April, compared to the norm of 100-150 cases.

Top impacting factors    

Factors that impact the growth of the Asia security information and event management market include rise in concerns over IT security, surge in adoption of BYOD trend, persistent threat of cybercrimes, supportive IT governance, and regulatory compliance. Other factors that influence the market growth include complication of SIEM solution, high cost of ownership, and inconvenience for IT administrators in validating return on investment (ROI), and Anomaly detection by next generation SIEM.

Asia Security Information and Event Management Market
By Deployment Model

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Cloud segment is projected as one of the most lucrative segments.

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Rise in concerns over IT security 

IT security has become a crucial issue for all organizations regardless of their industry and size. For instance, according to the “Future of Cybersecurity in Asia Pacific and Japan” by Sophos and Tech Research Asia (TRA), organizations in Asia-Pacific are becoming more mature with cybersecurity; however, they are continuing to be hit by a various attacks with 56% suffering from a successful cyber-attack in 2021 up from 32% in 2019. This has pushed the need for security management system that is well-integrated with the IT infrastructure of the company and offers efficient performance at affordable price. Security information and event management offers threat, log, and event management at an affordable cost and with a unified solution to simplify the complexity of managing multiple security solutions with high productivity.

Emergence of next generation security information and event management 

Vendors operating in the market are offering advanced security information and event management platform and services to improve the experience of their customers. For instance, in April 2021, Securonix, Inc., one of the leading providers of Next-Gen SIEM launched Securonix Jupiter, the latest offering over its cloud-native SIEM platform. This launch provides new as well as enhanced features enabling the customers with an ability to provide better time-to-value & user experiences for security analysts, respond & detect to advanced threats accurately and more quickly, and add flexible SaaS service options to optimize performance & cost. Such development creates lucrative growth opportunities for the market during the forecast period.

Asia Security Information and Event Management Market
By Country

2030
China 
India
Japan
South Korea
Singapore
Indonesia
Rest Of Asia

India is projected as one of the most significant country

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Key Benefits For Stakeholders

  • This study includes the Asia security information and event management market growth, Asia security information and event management market trends, and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and Asia security information and event management market opportunity.
  • The Asia security information and event management market size is quantitatively analyzed from 2020 to 2030 to highlight the financial competency of the industry.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the Asia security information and event management market forecast.

Key Market Segments

By Component    

  • solution
  • services

By Deployment Model

  • On-premise
  • Cloud 

By Enterprise Size

  • Large Enterprises
  • SMEs

By Industry Vertical

  • BFSI
  • Government
  • IT & Telecommunication
  • Healthcare & life sciences
  • Retail
  • Manufacturing
  • Others

BY Countries

  • China
  • India
  • Japan
  • South Korea
  • Singapore
  • Indonesia
  • Rest of Asia 

Key Market Players

  • Dell EMC
  • Exabeam
  • Fortinet, Inc.
  • IBM Corporation
  • McAfee LLC
  • Micro Focus
  • RAPID7
  • RSA Security LLC
  • Solarwinds Worldwide, LLC
  • Splunk, Inc. 
 

CHAPTER 1:INTRODUCTION

1.1.REPORT DESCRIPTION
1.2.KEY BENEFITS FOR STAKEHOLDERS
1.3.KEY MARKET SEGMENTS
1.4.KEY MARKET PLAYERS IN ASIA
1.5.RESEARCH METHODOLOGY

1.5.1.Secondary research
1.5.2.Primary research
1.5.3.Analyst tools & models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.KEY FINDINGS

2.1.1.Top impacting factors
2.1.2.Top investment pockets

2.2.CXO PERSPECTIVE

CHAPTER 3:MARKET OVERVIEW

3.1.MARKET DEFINITION AND SCOPE
3.2.KEY FORCES SHAPING THE ASIA SECURITY INFORMATION AND EVENT MANAGEMENT MARKET

3.2.1.Moderate bargaining power of suppliers
3.2.2.High bargaining power of buyers
3.2.3.High threat of substitutes
3.2.4.Moderate-to-high threat of new entrants
3.2.5.High competitive rivalry

3.3.MARKET DYNAMICS

3.3.1.Drivers

3.3.1.1.Rise in concerns over IT security
3.3.1.2.Growth in adoption of BYOD trend
3.3.1.3.Continual threat of cybercrimes
3.3.1.4.Supportive IT governance and regulatory compliance

3.3.2.Restraints

3.3.2.1.Complexity of security information and event management solutions
3.3.2.2.High cost of ownerships

3.3.3.Opportunities

3.3.3.1.Emergence of next generation security information and event management

3.4.COVID-19 IMPACT ANALYSIS ON THE SECURITY INFORMATION AND EVENT MANAGEMENT MARKET

3.4.1.Impact on market size
3.4.2.Consumer trends, preferences, and budget impact
3.4.3.Economic impact
3.4.4.Key player strategies to tackle negative impact
3.4.5.Opportunity window

CHAPTER 4:SECURITY INFORMATION AND EVENT MANAGEMENT MARKET, BY COMPONENT

4.1.OVERVIEW
4.2.SOLUTION

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast
4.2.3.Market analysis, by country

4.3.SERVICES

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast
4.3.3.Market analysis, by country

CHAPTER 5:SECURITY INFORMATION AND EVENT MANAGEMENT MARKET, BY DEPLOYMENT MODEL

5.1.OVERVIEW
5.2.ON-PREMISE

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast
5.2.3.Market analysis, by country

5.3.CLOUD

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast
5.3.3.Market analysis, by country

CHAPTER 6:SECURITY INFORMATION AND EVENT MANAGEMENT MARKET, BY ENTERPRISE SIZE

6.1.OVERVIEW
6.2.LARGE ENTERPRISES

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast
6.2.3.Market analysis, by country

6.3.SMES

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast
6.3.3.Market analysis, by country

CHAPTER 7:SECURITY INFORMATION AND EVENT MANAGEMENT MARKET, BY INDUSTRY VERTICAL

7.1.OVERVIEW
7.2.BFSI

7.2.1.Key market trends, growth factors, and opportunities
7.2.2.Market size and forecast
7.2.3.Market analysis, by country

7.3.GOVERNMENT

7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Market size and forecast
7.3.3.Market analysis, by country

7.4.IT & TELECOMMUNICATION

7.4.1.Key market trends, growth factors, and opportunities
7.4.2.Market size and forecast
7.4.3.Market analysis, by country

7.5.HEALTHCARE & LIFE SCIENCES

7.5.1.Key market trends, growth factors, and opportunities
7.5.2.Market size and forecast
7.5.3.Market analysis, by country

7.6.RETAIL

7.6.1.Key market trends, growth factors, and opportunities
7.6.2.Market size and forecast
7.6.3.Market analysis, by country

7.7.MANUFACTURING

7.7.1.Key market trends, growth factors, and opportunities
7.7.2.Market size and forecast
7.7.3.Market analysis, by country

7.8.OTHERS

7.8.1.Key market trends, growth factors, and opportunities
7.8.2.Market size and forecast
7.8.3.Market analysis, by country

CHAPTER 8:ASIA SECURITY INFORMATION AND EVENT MANAGEMENT MARKET, BY COUNTRY

8.1.OVERVIEW
8.2.CHINA

8.2.1.Market size and forecast by component
8.2.2.Market size and forecast by deployment model
8.2.3.Market size and forecast by enterprise size
8.2.4.Market size and forecast industry vertical

8.3.INDIA

8.3.1.Market size and forecast by component
8.3.2.Market size and forecast by deployment model
8.3.3.Market size and forecast by enterprise size
8.3.4.Market size and forecast industry vertical

8.4.JAPAN

8.4.1.Market size and forecast by component
8.4.2.Market size and forecast by deployment model
8.4.3.Market size and forecast by enterprise size
8.4.4.Market size and forecast industry vertical

8.5.SOUTH KOREA

8.5.1.Market size and forecast by component
8.5.2.Market size and forecast by deployment model
8.5.3.Market size and forecast by enterprise size
8.5.4.Market size and forecast industry vertical

8.6.SINGAPORE

8.6.1.Market size and forecast by component
8.6.2.Market size and forecast by deployment model
8.6.3.Market size and forecast by enterprise size
8.6.4.Market size and forecast industry vertical

8.7.INDONESIA

8.7.1.Market size and forecast by component
8.7.2.Market size and forecast by deployment model
8.7.3.Market size and forecast by enterprise size
8.7.4.Market size and forecast industry vertical

8.8.REST OF ASIA

8.8.1.Market size and forecast by component
8.8.2.Market size and forecast by deployment model
8.8.3.Market size and forecast by enterprise size
8.8.4.Market size and forecast industry vertical

CHAPTER 9:COMPETITIVE LANDSCAPE

9.1.KEY PLAYERS POSITIONING ANALYSIS, 2020
9.2.TOP WINNING STRATEGIES
9.3.COMPETITIVE DASHBOARD

CHAPTER 10:COMPANY PROFILES

10.1.DELL EMC

10.1.1.Company overview
10.1.2.Key executives
10.1.3.Company snapshot
10.1.4.Operating business segments
10.1.5.Product portfolio
10.1.6.R&D expenditure
10.1.7.Business performance
10.1.8.Key strategic moves and developments

10.2.EXABEAM

10.2.1.Company overview
10.2.2.Key Executives
10.2.3.Company snapshot
10.2.4.Product portfolio
10.2.5.Key strategic moves and developments
10.1.1.Company overview
10.1.2.Key executives
10.1.3.Company snapshot
10.1.4.Product portfolio
10.1.5.R&D Expenditure
10.1.6.Business performance
10.1.7.Key strategic moves and developments

10.2.IBM CORPORATION

10.2.1.Company overview
10.2.2.Key executives
10.2.3.Company snapshot
10.2.4.Operating business segments
10.2.5.Product portfolio
10.2.6.R&D expenditure
10.2.7.Business performance
10.2.8.Key strategic moves and developments

10.3.MCAFEE LLC

10.3.1.Company overview
10.3.2.Key Executives
10.3.3.Company snapshot
10.3.4.Operating business segments
10.3.5.Product portfolio
10.3.6.R&D expenditure
10.3.7.Business performance
10.3.8.Key strategic moves and developments

10.4.MICRO FOCUS

10.4.1.Company overview
10.4.2.Key executive
10.4.3.Company snapshot
10.4.5.Product portfolio
10.4.6.R&D expenditure
10.4.7.Business performance
10.4.8.Key strategic moves and developments

10.5.RAPID7

10.5.1.Company overview
10.5.2.Key executives
10.5.3.Company snapshot
10.5.4.Product portfolio
10.5.5.R&D expenditure
10.5.6.Business performance
10.5.7.Key strategic moves and developments

10.6.RSA SECURITY LLC

10.6.1.Company overview
10.6.2.Key executives
10.6.3.Company snapshot
10.6.4.Product portfolio
10.6.5.Key strategic moves and developments

10.7.SOLARWINDS WORLDWIDE, LLC

10.7.1.Company overview
10.7.2.Key executives
10.7.3.Company snapshot
10.7.4.Product portfolio
10.7.5.R&D expenditure
10.7.6.Business performance
10.7.7.Key strategic moves and developments

10.8.SPLUNK INC.

10.8.1.Company overview
10.8.2.Key Executives
10.8.3.Company snapshot
10.8.4.Product portfolio
10.8.5.R&D expenditure
10.8.6.Business performance
10.8.7.Key strategic moves and developments

LIST OF TABLES

TABLE 01.ASIA SECURITY INFORMATION AND EVENT MANAGEMENT MARKET, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 02.ASIA SECURITY INFORMATION AND EVENT MANAGEMENT MARKET REVENUE FOR SOLUTION, 2020–2030 ($MILLION)
TABLE 03.ASIA SECURITY INFORMATION AND EVENT MANAGEMENT MARKET REVENUE FOR SERVICES, 2020–2030 ($MILLION)
TABLE 04.ASIA SECURITY INFORMATION AND EVENT MANAGEMENT MARKET, BY DEPLOYMENT MODEL, 2020–2030 ($MILLION)
TABLE 05.ASIA SECURITY INFORMATION AND EVENT MANAGEMENT MARKET REVENUE FOR ON-PREMISE, 2020–2030 ($MILLION)
TABLE 06.ASIA SECURITY INFORMATION AND EVENT MANAGEMENT MARKET REVENUE FOR CLOUD, 2020–2030 ($MILLION)
TABLE 07.ASIA SECURITY INFORMATION AND EVENT MANAGEMENT MARKET, BY ENTERPRISE SIZE, 2020–2030 ($MILLION)
TABLE 08.ASIA SECURITY INFORMATION AND EVENT MANAGEMENT MARKET REVENUE FOR LARGE ENTERPRISES, 2020–2030 ($MILLION)
TABLE 09.ASIA SECURITY INFORMATION AND EVENT MANAGEMENT MARKET REVENUE FOR SMES, 2020–2030 ($MILLION)
TABLE 10.ASIA SECURITY INFORMATION AND EVENT MANAGEMENT MARKET, BY INDUSTRY VERTICAL, 2020–2030 ($MILLION)
TABLE 11.ASIA SECURITY INFORMATION AND EVENT MANAGEMENT MARKET REVENUE FOR BFSI, 2020–2030 ($MILLION)
TABLE 12.ASIA SECURITY INFORMATION AND EVENT MANAGEMENT MARKET REVENUE FOR GOVERNMENT, 2020–2030 ($MILLION)
TABLE 13.ASIA SECURITY INFORMATION AND EVENT MANAGEMENT MARKET REVENUE FOR IT & TELECOMMUNICATION, 2020–2030 ($MILLION)
TABLE 14.ASIA SECURITY INFORMATION AND EVENT MANAGEMENT MARKET REVENUE FOR HEALTHCARE & LIFE SCIENCES, 2020–2030 ($MILLION)
TABLE 15.ASIA SECURITY INFORMATION AND EVENT MANAGEMENT MARKET REVENUE FOR RETAIL, 2020–2030 ($MILLION)
TABLE 16.ASIA SECURITY INFORMATION AND EVENT MANAGEMENT MARKET REVENUE FOR MANUFACTURING, 2020–2030 ($MILLION)
TABLE 17.ASIA SECURITY INFORMATION AND EVENT MANAGEMENT MARKET REVENUE FOR OTHERS, 2020–2030 ($MILLION)
TABLE 18.ASIA SECURITY INFORMATION AND EVENT MANAGEMENT MARKET REVENUE, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 19.CHINA SECURITY INFORMATION AND EVENT MANAGEMENT MARKET REVENUE FOR COMPONENT, 2020–2030 ($MILLION)
TABLE 20.CHINA SECURITY INFORMATION AND EVENT MANAGEMENT MARKET REVENUE FOR DEPLOYMENT MODEL, 2020–2030 ($MILLION)
TABLE 21.CHINA SECURITY INFORMATION AND EVENT MANAGEMENT MARKET REVENUE FOR ENTERPRISE SIZE, 2020–2030 ($MILLION)
TABLE 22.CHINA SECURITY INFORMATION AND EVENT MANAGEMENT MARKET REVENUE BY INDUSTRY VERTICAL, 2020–2030 ($MILLION)
TABLE 23.INDIA SECURITY INFORMATION AND EVENT MANAGEMENT MARKET REVENUE FOR COMPONENT, 2020–2030 ($MILLION)
TABLE 24.INDIA SECURITY INFORMATION AND EVENT MANAGEMENT MARKET REVENUE FOR DEPLOYMENT MODEL, 2020–2030 ($MILLION)
TABLE 25.INDIA SECURITY INFORMATION AND EVENT MANAGEMENT MARKET REVENUE FOR ENTERPRISE SIZE, 2020–2030 ($MILLION)
TABLE 26.INDIA SECURITY INFORMATION AND EVENT MANAGEMENT MARKET REVENUE BY INDUSTRY VERTICAL, 2020–2030 ($MILLION)
TABLE 27.JAPAN SECURITY INFORMATION AND EVENT MANAGEMENT MARKET REVENUE FOR COMPONENT, 2020–2030 ($MILLION)
TABLE 28.JAPAN SECURITY INFORMATION AND EVENT MANAGEMENT MARKET REVENUE FOR DEPLOYMENT MODEL, 2020–2030 ($MILLION)
TABLE 29.JAPAN SECURITY INFORMATION AND EVENT MANAGEMENT MARKET REVENUE FOR ENTERPRISE SIZE, 2020–2030 ($MILLION)
TABLE 30.JAPAN SECURITY INFORMATION AND EVENT MANAGEMENT MARKET REVENUE BY INDUSTRY VERTICAL, 2020–2030 ($MILLION)
TABLE 31.SOUTH KOREA SECURITY INFORMATION AND EVENT MANAGEMENT MARKET REVENUE FOR COMPONENT, 2020–2030 ($MILLION)
TABLE 32.SOUTH KOREA SECURITY INFORMATION AND EVENT MANAGEMENT MARKET REVENUE FOR DEPLOYMENT MODEL, 2020–2030 ($MILLION)
TABLE 33.SOUTH KOREA SECURITY INFORMATION AND EVENT MANAGEMENT MARKET REVENUE FOR ENTERPRISE SIZE, 2020–2030 ($MILLION)
TABLE 34.SOUTH KOREA SECURITY INFORMATION AND EVENT MANAGEMENT MARKET REVENUE BY INDUSTRY VERTICAL, 2020–2030 ($MILLION)
TABLE 35.SINGAPORE SECURITY INFORMATION AND EVENT MANAGEMENT MARKET REVENUE FOR COMPONENT, 2020–2030 ($MILLION)
TABLE 36.SINGAPORE SECURITY INFORMATION AND EVENT MANAGEMENT MARKET REVENUE FOR DEPLOYMENT MODEL, 2020–2030 ($MILLION)
TABLE 37.SINGAPORE SECURITY INFORMATION AND EVENT MANAGEMENT MARKET REVENUE FOR ENTERPRISE SIZE, 2020–2030 ($MILLION)
TABLE 38.SINGAPORE SECURITY INFORMATION AND EVENT MANAGEMENT MARKET REVENUE BY INDUSTRY VERTICAL, 2020–2030 ($MILLION)
TABLE 39.INDONESIA SECURITY INFORMATION AND EVENT MANAGEMENT MARKET REVENUE FOR COMPONENT, 2020–2030 ($MILLION)
TABLE 40.INDONESIA SECURITY INFORMATION AND EVENT MANAGEMENT MARKET REVENUE FOR DEPLOYMENT MODEL, 2020–2030 ($MILLION)
TABLE 41.INDONESIA SECURITY INFORMATION AND EVENT MANAGEMENT MARKET REVENUE FOR ENTERPRISE SIZE, 2020–2030 ($MILLION)
TABLE 42.INDONESIA SECURITY INFORMATION AND EVENT MANAGEMENT MARKET REVENUE BY INDUSTRY VERTICAL, 2020–2030 ($MILLION)
TABLE 43.REST OF ASIA SECURITY INFORMATION AND EVENT MANAGEMENT MARKET REVENUE FOR COMPONENT, 2020–2030 ($MILLION)
TABLE 44.REST OF ASIA SECURITY INFORMATION AND EVENT MANAGEMENT MARKET REVENUE FOR DEPLOYMENT MODEL, 2020–2030 ($MILLION)
TABLE 45.REST OF ASIA SECURITY INFORMATION AND EVENT MANAGEMENT MARKET REVENUE FOR ENTERPRISE SIZE, 2020–2030 ($MILLION)
TABLE 46.REST OF ASIA SECURITY INFORMATION AND EVENT MANAGEMENT MARKET REVENUE BY INDUSTRY VERTICAL, 2020–2030 ($MILLION)
TABLE 47.DELL TECHNOLOGIES INC.: KEY EXECUTIVES
TABLE 48.DELL TECHNOLOGIES INC.: COMPANY SNAPSHOT
TABLE 49.DELL TECHNOLOGIES INC.: OPERATING SEGMENTS
TABLE 50.DELL TECHNOLOGIES INC.: PRODUCT PORTFOLIO
TABLE 51.EXABEAM: KEY EXECUTIVES
TABLE 52.EXABEAM: COMPANY SNAPSHOT
TABLE 53.EXABEAM: PRODUCT PORTFOLIO
TABLE 54.FORTINET, INC.: KEY EXECUTIVES
TABLE 55.FORTINET, INC.: COMPANY SNAPSHOT
TABLE 56.FORTINET, INC: PRODUCT PORTFOLIO
TABLE 57.IBM CORPORATION: KEY EXECUTIVES
TABLE 58.IBM CORPORATION: COMPANY SNAPSHOT
TABLE 59.IBM CORPORATION: OPERATING SEGMENTS
TABLE 60.IBM CORPORATION: PRODUCT PORTFOLIO
TABLE 61.MCAFEE LLC: KEY EXECUTIVES
TABLE 62.MCAFEE INC.: COMPANY SNAPSHOT
TABLE 63.MCAFEE LLC: OPERATING SEGMENTS
TABLE 64.MCAFEE LLC: PRODUCT PORTFOLIO
TABLE 65.MICRO FOCUS: KEY EXECUTIVE
TABLE 66.MICRO FOCUS: COMPANY SNAPSHOT
TABLE 68.MICRO FOCUS.: PRODUCT PORTFOLIO
TABLE 69.RAPID7: KEY EXECUTIVES
TABLE 70.RAPID7: COMPANY SNAPSHOT
TABLE 71.RAPID7: PRODUCT PORTFOLIO
TABLE 72.RSA SECURITY LLC: KEY EXECUTIVES
TABLE 73.RSA SECURITY LLC: COMPANY SNAPSHOT
TABLE 74.RSA SECURITY LLC: PRODUCT PORTFOLIO
TABLE 75.SOLARWINDS INC.: KEY EXECUTIVES
TABLE 76.SOLARWINDS INC: COMPANY SNAPSHOT
TABLE 77.SOLARWINDS INC: PRODUCT PORTFOLIO
TABLE 78.SPLUNK INC.: COMPANY SNAPSHOT
TABLE 79.SPLUNK INC.: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.ASIA SECURITY INFORMATION AND EVENT MANAGEMENT MARKET BY SEGMENT, 2020–2030
FIGURE 03.ASIA SECURITY INFORMATION AND EVENT MANAGEMENT MARKET BY COUNTRY, 2020–2030
FIGURE 04.TOP IMPACTING FACTORS
FIGURE 05.TOP INVESTMENT POCKET
FIGURE 06.MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 07.HIGH BARGAINING POWER OF BUYER
FIGURE 08.HIGH THREAT OF SUBSTITUTES
FIGURE 09.MODERATE-TO-HIGH THREAT OF NEW ENTRANTS
FIGURE 10.HIGH COMPETITIVE RIVALRY
FIGURE 11.MARKET DYNAMICS: ASIA SECURITY INFORMATION AND EVENT MANAGEMENT MARKET
FIGURE 12.ASIA SECURITY INFORMATION AND EVENT MANAGEMENT MARKET REVENUE, BY COMPONENT, 2020–2030 ($MILLION)
FIGURE 13.COMPARATIVE SHARE ANALYSIS OF ASIA SECURITY INFORMATION AND EVENT MANAGEMENT MARKET FOR SOLUTION, BY COUNTRY, 2020 & 2030 (%)
FIGURE 14.COMPARATIVE SHARE ANALYSIS OF ASIA SECURITY INFORMATION AND EVENT MANAGEMENT MARKET FOR SERVICES, BY COUNTRY, 2020 & 2030 (%)
FIGURE 15.ASIA SECURITY INFORMATION AND EVENT MANAGEMENT MARKET REVENUE, BY DEPLOYMENT MODEL,  2020–2030 ($MILLION)
FIGURE 16.COMPARATIVE SHARE ANALYSIS OF ASIA SECURITY INFORMATION AND EVENT MANAGEMENT MARKET FOR ON-PREMISE, BY COUNTRY, 2020 & 2030 (%)
FIGURE 17.COMPARATIVE SHARE ANALYSIS OF ASIA SECURITY INFORMATION AND EVENT MANAGEMENT MARKET FOR CLOUD, BY COUNTRY, 2020 & 2030 (%)
FIGURE 18.ASIA SECURITY INFORMATION AND EVENT MANAGEMENT MARKET REVENUE, BY ENTERPRISE SIZE, 2020–2030 ($MILLION)
FIGURE 19.COMPARATIVE SHARE ANALYSIS OF ASIA SECURITY INFORMATION AND EVENT MANAGEMENT MARKET FOR LARGE ENTERPRISES, BY COUNTRY, 2020 & 2030 (%)
FIGURE 20.COMPARATIVE SHARE ANALYSIS OF ASIA SECURITY INFORMATION AND EVENT MANAGEMENT MARKET FOR SMES, BY COUNTRY, 2020 & 2030 (%)
FIGURE 21.ASIA SECURITY INFORMATION AND EVENT MANAGEMENT MARKET REVENUE, BY INDUSTRY VERTICAL,  2020–2030 ($MILLION)
FIGURE 22.COMPARATIVE SHARE ANALYSIS OF ASIA SECURITY INFORMATION AND EVENT MANAGEMENT MARKET FOR BFSI, BY COUNTRY, 2020 & 2030 (%)
FIGURE 23.COMPARATIVE SHARE ANALYSIS OF ASIA SECURITY INFORMATION AND EVENT MANAGEMENT MARKET FOR GOVERNMENT, BY COUNTRY, 2020 & 2030 (%)
FIGURE 24.COMPARATIVE SHARE ANALYSIS OF ASIA SECURITY INFORMATION AND EVENT MANAGEMENT MARKET FOR IT & TELECOMMUNICATION, BY COUNTRY, 2020 & 2030 (%)
FIGURE 25.COMPARATIVE SHARE ANALYSIS OF ASIA SECURITY INFORMATION AND EVENT MANAGEMENT MARKET FOR HEALTHCARE & LIFE SCIENCES, BY COUNTRY, 2020 & 2030 (%)
FIGURE 26.COMPARATIVE SHARE ANALYSIS OF ASIA SECURITY INFORMATION AND EVENT MANAGEMENT MARKET FOR RETAIL, BY COUNTRY, 2020 & 2030 (%)
FIGURE 27.COMPARATIVE SHARE ANALYSIS OF ASIA SECURITY INFORMATION AND EVENT MANAGEMENT MARKET FOR MANUFACTURING, BY COUNTRY, 2020 & 2030 (%)
FIGURE 28.COMPARATIVE SHARE ANALYSIS OF ASIA SECURITY INFORMATION AND EVENT MANAGEMENT MARKET FOR OTHERS, BY COUNTRY, 2020 & 2030 (%)
FIGURE 29.ASIA SECURITY INFORMATION AND EVENT MANAGEMENT MARKET, BY COUNTRY, 2020–2030
FIGURE 30.CHINA SECURITY INFORMATION AND EVENT MANAGEMENT MARKET, 2020–2030 ($MILLION)
FIGURE 31.INDIA SECURITY INFORMATION AND EVENT MANAGEMENT MARKET, 2020–2030 ($MILLION)
FIGURE 32.JAPAN SECURITY INFORMATION AND EVENT MANAGEMENT MARKET, 2020–2030 ($MILLION)
FIGURE 33.SOUTH KOREA SECURITY INFORMATION AND EVENT MANAGEMENT MARKET, 2020–2030 ($MILLION)
FIGURE 34.SINGAPORE SECURITY INFORMATION AND EVENT MANAGEMENT MARKET, 2020–2030 ($MILLION)
FIGURE 35.INDONESIA SECURITY INFORMATION AND EVENT MANAGEMENT MARKET, 2020–2030 ($MILLION)
FIGURE 36.REST OF ASIA SECURITY INFORMATION AND EVENT MANAGEMENT MARKET, 2020–2030 ($MILLION)
FIGURE 37.KEY PLAYER POSITIONING ANALYSIS: ASIA SECURITY INFORMATION AND EVENT MANAGEMENT MARKET
FIGURE 38.TOP WINNING STRATEGIES, BY YEAR, 2017-2021
FIGURE 39.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2017-2021
FIGURE 40.TOP WINNING STRATEGIES, BY COMPANY, 2017-2021
FIGURE 41.COMPETITIVE DASHBOARD
FIGURE 42.COMPETITIVE DASHBOARD
FIGURE 43.COMPETITIVE HEATMAP OF KEY PLAYERS
FIGURE 44.R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 45.DELL TECHNOLOGIES INC.: REVENUE, 2018–2020 ($MILLION)
FIGURE 46.DELL TECHNOLOGIES INC.: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 47.DELL TECHNOLOGIES INC.: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 48.R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 49.FORTINET, INC.: REVENUE, 2018–2020 ($MILLION)
FIGURE 50.FORTINET, INC.: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 51.R&D EXPENDITURE, 2018-2020 ($MILLION)
FIGURE 52.IBM CORPORATION: REVENUE, 2018–2020 ($MILLION)
FIGURE 53.IBM CORPORATION: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 54.IBM CORPORATION: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 55.R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 56.MCAFEE LLC.: REVENUE, 2018–2020 ($MILLION)
FIGURE 57.MCAFEE LLC: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 58.MCAFEE LLC: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 59.FIGURE 21. R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 60.MICRO FOCUS INTERNATIONAL PLC.: REVENUE, 2018–2020 ($MILLION)
FIGURE 61.MICRO FOCUS.: REVENUE SHARE BY SEGMENT, 2020(%)
FIGURE 62.MICRO FOCUS.: REVENUE SHARE BY REGION, 2020(%)
FIGURE 63.R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 64.RAPID7: REVENUE, 2018-2020 ($MILLION)
FIGURE 65.RAPID7: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 66.R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 67.SOLARWINDS INC: REVENUE, 2018–2020 ($MILLION)
FIGURE 68.SOLARWINDS INC: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 69.SPLUNK INC.: KEY EXECUTIVES
FIGURE 70.R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 71.SPLUNK INC..: REVENUE, 2018–2020 ($MILLION)
FIGURE 72.SPLUNK INC..: REVENUE SHARE BY REGION, 2020 (%)

 
 

In accordance with the CXOs of the leading companies, the security information and event management market is at a mature stage and has grown at a respectable rate and is expected to witness average growth rate of 10.1% during the forecast period. The organizations seek tools that satisfy regulation compliance to include identification of possible threats and evaluation as well as easy-to-understand analysis of the data, as the threat landscape is constantly evolving. The market of security information and event management products has also merged with the fellow technologies such as continuous forensic analytics (CFA) and breach detection system (BDS). These changes have presented new opportunities for the market that can fuel significant growth. In the current scenario, many consumers choose to outsource management of their security information and event management products to managed security services providers (MSSPs). Security information and event management vendors adapt their offerings specifically toward MSSPs, which enable them to transform to security operations centers (SOCs) for their customers. This has enriched their revenue generation capabilities as well as increased the availability of security information and event management products for the mid and small size enterprises.

Security information and event management products were traditionally inclined toward log and network event association and compliance reporting. However, the organization seeks more that would also perform incident forensics. This allows vendors to incorporate threat intelligence feed and other contextual information into their offerings to offer improved capabilities as compared to CFA products. Security information and event management systems are mandated by regulatory compliances such as the PCI DSS, and the HIPAA Act and generate event reports.

The CXOs further added that the security information and event management systems market is competitive and comprises number of regional and global vendors competing on the basis of factors such as cost of solutions, reliability, features, and support services. The growth of the market is impacted by rapid advances in the cyber security offerings, whereas the vendor performance is impacted by COVID-19 conditions and industry development.

Vendors operating in the market are offering advanced security information and event management platform and services to improve the experience of their customers owing to the competition. For instance, in April 2021, Securonix, Inc., one of the leading providers of Next-Gen SIEM launched Securonix Jupiter, the latest offering over its cloud-native SIEM platform. This launch provides new as well as enhanced features enabling the customers with an ability to provide better time-to-value & user experiences for security analysts, respond & detect to advanced threats accurately and more quickly, and add flexible SaaS service options to optimize performance and cost.

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