Research and Markets: Global Security Information and Event Management Market 2011-2015 Discusses That Deployment Costs of SIEM Solutions Hinder the Growth of the Global SIEM Market

DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/rxsd33/global_security_in) has announced the addition of the "Global Security Information and Event Management Market 2011-2015" report to their offering.

TechNavio's analysts forecast the Global Security Information and Event Management market to grow at a CAGR of 14.06 percent over the period 2011-2015. One of the key factors contributing to this market growth is the rising number of compliance requirements. The Global Security Information and Event Management market has also been witnessing the increasing rate of market consolidation. However, the difficulty in implementation could pose a challenge to the growth of this market.

Key vendors dominating this market space include EMC Corp., Hewlett-Packard Co., IBM Corp., and Symantec Corp.

Commenting on the report, an analyst from TechNavio's IT Security team said; Vendors are promoting Security Information and Event Management (SIEM) technology as a platform, and to differentiate themselves from their competitors, they add more functionality and thus value to their SIEM offerings. For instance, vendors integrate SIEM solutions with other security solutions such as vulnerability assessment and intrusion prevention systems (IPS).

According to the report, continuous attacks on network infrastructure coupled with their increased complexity is causing end-users to adopt newer network security solutions, which results in the growth of the Global SIEM market.



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