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Worldwide Next Gen SIEM Market Analysis and Forecasts 2018-2023: Extended Opportunities in Managed Service Providers and Cloud ProvidersDUBLIN, Sept. 25, 2018 /PRNewswire/ -- The "Worldwide Next Gen SIEM Market [by Segments (Platforms, Services: Professional, Managed); by Deployment (Cloud, On-Premise); by Users (SMBs, Enterprises); by Verticals; by Regions]: Market Sizes and Forecasts (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.  This report forecasts the worldwide Next-Gen SIEM market, categorized by Platforms and Services, and by Deployments, Users, Verticals, and Regions, to reach $6.75 billion in revenues in 2023. Organizations worldwide have been adopting security systems, tools, and techniques to effectively monitor threats and translate alerts into actionable intelligence. This type of security, which is involved in detecting threats and responding to the security incidents via analysis of historical security data with real-time data collection, is the segment for Security Information and Event Management (SIEM). Traditionally, SIEM solutions scrutinize data from network hardware, end-user devices, security systems, and servers and transmits it to the central intelligence unit for analysis. While SIEM adoption has been gaining significant market momentum, there are some deployment challenges that hinder complete enterprise adoption. Multiple components within the SIEM ecosystem are disparate and needs to be consolidated for effective user, system, and architectural productivity. Next Gen SIEM addresses such challenges by effectively engulfing individual security components such as advanced analytics, intelligence computing based orchestration, and User Entity and Behavioral Analytics (UEBA) into a unified security platform, thereby making it easier for enterprise adoption and deployment. The vendor landscape comprises of more than twenty security companies in this space. This ecosystem might also evolve to accommodate new vendors with consolidated security platforms and solutions that can be horizontally and vertically integated. Apart from this, some UEBA vendors might get engulfed into the unified platform and be redefined as Next Gen SIEM. The Next-Gen SIEM market opportunity is available for not just SIEM or UEBA providers, but also can be extended to managed service providers and cloud providers. These companies can benefit from newer revenue streams from delivering business services through managed platforms and services. The Next Gen SIEM market opportunity is substantial as security is getting smarter with the integration of UEBA, SIEM, and advanced analytics. This market is set to grow at a significant rate through the forecast period as more enterprises get cognizant about being security-centric from an IT perspective. This Next-Gen SIEM market report also includes insights into key market requirements gathered from service providers, network engineers, IT managers, CIOs, CTOs, IT decision makers, and opinion leaders. This report has been built on a rigorous period of information gathering from both secondary and primary sources through several interviews with industry participants, manufacturers, suppliers, vendors, consultants, organizations, and regulators. Key Topics Covered: 1 NEXT GEN SIEM: RESEARCH OVERVIEW AND SUMMARY
For more information about this report visit https://www.researchandmarkets.com/research/22sxj9/worldwide_next?w=5 Did you know that we also offer Custom Research? Visit our Custom Research page to learn more and schedule a meeting with our Custom Research Manager. Media Contact: Laura Wood, Senior Manager
SOURCE Research and Markets 
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