Security Information and Event Management Market to reach a market size of $6 billion by 2026

The Global Security Information and Event Management Market size is expected to reach $6 billion by 2026, rising at a market growth of 8.4% CAGR during the forecast period. Security information and event management (SIEM) offers a real-time overview of security alerts created in the application and hardware network IT infrastructure organizations. SIEM refers to applications and product services combining Security Event Management (SEM) with Security Information Management (SIM).