Security Information and Event Management Market Reached at USD 3,987 million in 2019, Growing at a CAGR of 5.1% till 2027 | Size, Share, Industry Forecast

The Security Information and Event Management Market was valued at USD 3,987 million in 2019, expanding at a CAGR of 5.1% over the forecast period (2020-2027). The factors driving the growth of Security Information and Event Management Market includes growing demand for cloud based SIEM services, increasing application of security information and event management software in the field of security analytics and threat intelligence, and rising incidence of cyber-attacks around the world.

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