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Log Management Market Worth 1248.9 Million USD by 2022PUNE, India, May 11, 2017 /PRNewswire/ -- According to a new market research report "Log Management Market by Component (Solution and Services), Deployment Mode (Cloud and On-Premises), Organization Size, Vertical, and Region - Global Forecast to 2022", published by MarketsandMarkets™, the Log Management Market size expected to grow from USD 707 Million in 2017 to USD 1248.9 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 12.1%. (Logo: http://photos.prnewswire.com/prnh/20160303/792302 ) Browse 47 market data tables and 52 figures spread through 134 pages and in-depth TOC on "Log Management Market" http://www.marketsandmarkets.com/Market-Reports/log-management-market-66937877.html Log management software help enterprises to improve security and regulatory compliance. Every computing device in an organization generates hundreds of gigabytes of logs per day. This huge set of event logs is monitored by the log management platform to identify security breaches and maintain continuous security within organizations. The platform protects networks, endpoints, and devices from various malicious attacks, sophisticated cybercriminals, ransomwares, and Advanced Persistent Threats (APTs). With the implementation of log management platforms, public and private organizations can prevent security threats, cut down business costs, and enhance the information security infrastructure. Therefore, enterprises are deploying advanced log management solutions and services to secure networks and endpoints from cyber threats. "Solution segment is expected to have the largest share in the Log Management Market in 2017." The solution segment is expected to have the largest market share and dominate the Log Management Market from 2017 to 2022. The major reason for the high adoption of log management solutions is the increased usage of advanced technologies, and web and cloud applications within organizations. However, these applications might contain malicious activities, which may cause significant data loss. Log management solutions help to minimize the loss of data through regular control and monitoring of computer generated logs and events. Request Sample Pages @ http://www.marketsandmarkets.com/requestsample.asp?id=66937877 "The government and public utilities vertical is expectedto grow at the highest CAGR in the Log Management Market." The Banking, Financial Services, and Insurance (BFSI) vertical is expected to contribute the largest market share in the Log Management Market. This growth in the BFSI vertical can be attributed to the increasing usage of mobile devices and IoT applications for banking and payments. The government and public utilities vertical is expected grow at the highest CAGR during the forecast period as these organizations are involved with data and information of a critical nature, which makes them an obvious target for cybercriminals. This data might be related to a small project or might be of national importance. Therefore, higher adoptions of log management solutions are being observed in the government and public utilities vertical in the recent times. "North America is expected to contribute the largest market share, whereas Asia Pacific (APAC) is projected to grow at the highest CAGR." North America is expected to have the largest market share and dominate the Log Management Market from 2017 to 2022, due to the presence of a large number of log management vendors across this region. APAC, on the other hand, offers potential growth opportunities in the Log Management Market, as there is a wide presence of Small and Medium Enterprises (SMEs) in this region who are turning toward log management services to defend against APTs. Speak to Analyst @ http://www.marketsandmarkets.com/speaktoanalyst.asp?id=66937877 The major vendors in the Log Management Market include IBM Corporation (New York, US), Intel Security (California, US), SolarWinds Worldwide, LLC (Texas, US), Splunk Inc. (California, US), LogRhythm, Inc. (Colorado, US), Alert Logic (Texas, US), Loggly, Inc. (California, US), AlienVault (California, US), Veriato, Inc. (California, US), and Blackstratus, Inc. (Palm Beach, US). Browse Related Reports: Cyber Security Market by Solutions (IAM, Encryption, DLP, UTM, Antivirus/Antimalware, Firewall, IDS/IPS, Disaster Recovery), Services, Security Type, Deployment Mode, Organization Size, Vertical & Region - Global Forecast to 2021 Application Security Market by Component (Solutions, Services), Solutions (Web Application Security, Mobile Application Security), Testing Type (SAST, DAST, IAST), Deployment Mode, Organization Size, Vertical, Region - Global Forecast to 2021 Know More About our Knowledge Store @ http://www.marketsandmarkets.com/Knowledgestore.asp About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. 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