Security information and event management tools will grow to more than $1 billion worldwide by 2015, report says. Frost & Sullivan: SIEM market earned revenues of $678.1 million in 2009 and predicts that this figure will hit $1.3 billion in 2015. Financial institutions, government agencies, and others needed a solution that allowed them to stretch their capabilities and help lockdown their networks. High costs and an absence of data analysis capabilities have been holding enterprises back, experts say. Most of the Fortune 500 companies already have a SIEM system running, but the mid-market adoption is slower.”]
Source: https://www.darkreading.com/analytics/siem-market-to-double-by-2015-report-says