Frost & Sullivan released a new study on the global security information and event management market. This industry analysis details how rising digital threats force companies to upgrade their security systems.
In today’s world, cloud-native security information and event management systems are growing beyond conventional logging solutions. Such modern systems incorporate the concepts of user behavior analytics and automation of response. In this case, cloud-native technologies and predictive data analysis determine the era.
The emergence of ransomware threats and increased compliance requirements fuel the need for such technologies. This leads companies to move towards cloud-based approaches.
“Cybersecurity operations centres are under immense pressure to improve visibility, accelerate response times, and manage increasingly sophisticated attack surfaces with limited resources,” said Tetsuya Niihara, ICT and Security Advisory Director at Frost & Sullivan. “Modern SIEM platforms are becoming centralised intelligence layers that combine AI, automation, behavioural analytics, and orchestration capabilities to deliver more scalable and proactive security operations.”
Market Expansion and Technological Integration
This research also underscores fast integration in terms of data analytics and autonomous response platforms. Additionally, generative AI enhances the process for analysts, making it easier to detect threats overall.
This is because of all these advantages; thus, it is expected that it will grow by 13.7% CAGR up to 2029. This growth reflects heavy enterprise investments in automated digital protection systems.
“Security leaders are increasingly prioritising integrated, AI-enabled security operations platforms that improve operational efficiency while reducing response times and analyst workloads,” added Niihara. “The vendors best positioned for long-term growth will be those capable of combining automation, interoperability, scalability, and managed services into unified security operations ecosystems.”
For related updates on digital trust and cybersecurity, explore our SOC News.
Source: PRNewswire
