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.

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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:

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.

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