Europe Security Information and Event Management Market to Record Sturdy Growth by 2019-2027

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.

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The List of Companies

AlienVault
2. DFLABS SPA
3. Fireeye, Inc.
4. Hewlett Packard Enterprise Development LP (HPE)
5. IBM Corporation
6. LogRhythm, Inc.
7. RSA Security LLC
8. SolarWinds Inc.
9. Splunk Inc.
10. TIBCO Software Inc.

The Europe Security Information and Event Management market is fragmented with the presence of several industries and the competitive dynamics in the market is expected to change during the upcoming years. In addition to this, various initiatives are undertaken by the governmental bodies to accelerate the Europe Security Information and Event Management market further. For instance, in 2017, the European Commission implemented a cyber-security package. The suite builds upon current instruments and offers new advantages to enhance EU cyber response and resilience further. This suite comprises of ENISA – the EU cyber-security agency, EU-wide Cybersecurity certification scheme and NIS directive. These initiative provide various benefits to the Security Information and Event Management manufacturing companies located in the region. These initiatives are implemented to enhance the technologies that positively impact on the Europe Security Information and Event Management market.

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Based on services, the integration segment is leading the Europe Security Information and Event Management market. However, the consulting segment is anticipated to grow at the highest CAGR. Consulting services basically help the enterprise to use products, services, software, and devices to solve, envision, and understand new possibilities for their business; these services include training and new technological development. It helps enterprises in overcoming challenges related to implementations, accessibility, and cost. Consulting service defines business and technical needs to determine which cloud solution to deploy private, hybrid or public. It also includes services such as Cloud strategy, Cloud design, Cloud implementation, and Cloud application migration. Currently, the market players are looking ahead to support Europe Security Information and Event Management industry by innovating advanced technological components.

The overall Europe Security Information and Event Management market size have been derived using both primary and secondary source. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the Europe Security Information and Event Management market. It also provides an overview and forecast for the Security Information and Event Management market based on all the segmentation provided with respect to the Europe region. Also, primary interviews were conducted with industry participants and commentators to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts and key opinion leaders specializing in the Security Information and Event Management industry.

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Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

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Table of Contents

Introduction
Europe Security Information and Event Management Market – Key Takeaways
Europe Security Information and Event Management Market – Market Landscape
Europe Security Information and Event Management Market – Key Market Dynamics
Europe Security Information and Event Management Market – Europe Analysis
Europe Security Information and Event Management Market Analysis – By Product
Europe Security Information and Event Management Market Analysis – By Component
Europe Security Information and Event Management Market Analysis– by Deployment
Europe Security Information and Event Management Market Analysis– by End User
Europe Security Information and Event Management Market Revenue and Forecasts To 2027
Europe Security Information and Event Management Market – Industry Landscape
Europe Security Information and Event Management Market – Key Company Profiles
Appendix