Security management is the combination of hardware, software, and services that normalizes, aggregates, correlates, and visualizes data from disparate security products. While solutions will eventually encompass identity management as well as the management of perimeter protection systems, current products chiefly deal with event management. The size of the market is still small, but its potential for growth is impressive. The biggest near term drivers for security management systems are the need to get a handle on event data emanating from intrusion detection systems. The use of new regulatory regimes, such as HIPAA, will make audit features even more attractive over the next year.”]
Source: https://www.csoonline.com/article/2117148/security-management-market-assessment.html