Dublin, March 01, 2019 (GLOBE NEWSWIRE) -- The "Saudi Arabia Managed Security Information and Event Management (SIEM) Market By Solution (Firewall Security Management & Others), By Deployment Mode (On-Premise Vs. Cloud), By End User Sector, Competition, Forecast & Opportunities, 2013-2023" report has been added to ResearchAndMarkets.com's offering.

The Saudi Arabia Managed Security Information and Event Management (SIEM) market is projected to grow from $25.4 million in 2017 to $67.5 million by 2023, exhibiting a CAGR of around 18% during the forecast period.

Growth in the market is expected to be driven by alarming increase in the number of incidents of cybercrimes, growing number of online transactions and booming Internet of Things (IoT) market.

Some of the other key factors expected to fuel the Saudi Arabia managed SIEM market are growing Bring Your Own Device (BYOD) concept, rising demand for Industrial Control Systems (ICS) security and increasing adoption of cloud-based managed SIEM among SMEs.

Years considered for this report:

Historical Years: 2013-2016
Base Year: 2017
Estimated Year: 2018
Forecast Period: 2019-2023

Objective of the Study:

  • To define, segment, describe and forecast the Saudi Arabia managed SIEM market on the basis of solution, deployment mode, end user sector, region and company.
  • To analyze and forecast the Saudi Arabia managed SIEM market size.
  • To scrutinize the detailed market segmentation and forecast the market size on the basis of solution by segmenting the Saudi Arabia managed SIEM market into solutions, namely, Firewall Security Management Managed SIEM, Log & Event Management Managed SIEM, Patch Management Managed SIEM and Others.
  • To scrutinize the detailed market segmentation and forecast the market size on the basis of deployment mode by segmenting the Saudi Arabia managed SIEM market into deployment mode, namely, On-Premise and Cloud.
  • To scrutinize the detailed market segmentation and forecast the market size on the basis of end user sectors by segmenting the Saudi Arabia managed SIEM market into sectors, namely, Government, BFSI, IT & Telecom, Manufacturing and Others.
  • To identify the drivers and challenges for Saudi Arabia managed SIEM market.
  • To strategically profile leading players operating in Saudi Arabia managed SIEM market.

Competitive Landscape

Company Profiles: Detailed analysis of the major companies providing managed SIEM in Saudi Arabia.

Some of the major players operating in the Saudi Arabia managed SIEM market are IBM Middle East FZ-LLC, Wipro Arabia Limited, Splunk Inc., LogRhythm Inc., McAfee LLC, Cognizant Technology Solution Saudi Arabia L.L.C., SolarWinds Corporation, Exabeam Inc., AlienVault Inc. and Injazat Data Systems LLC. The market is highly fragmented due to the presence of a large number of micro, medium and small players in Saudi Arabia managed SIEM market.

Topics Covered

1. Product Overview

2. Research Methodology

3. Analyst View

4. Voice of Customer
4.1. Managed SIEM, By Solution
4.2. Managed SIEM, By Deployment Mode
4.3. Managed SIEM, By End-User Sector
4.4. Managed SIEM, By Company
4.5. Managed SIEM, By Driving Factors
4.6. Managed SIEM, By Challenges Faced with Current Managed SIEM Provider
4.7. Satisfaction Score of Managed SIEM
4.8. Score of Parameters Ranked Important by Respondents while Purchasing Managed SIEM Service

5. Global Managed SIEM Market Overview

6. Saudi Arabia Managed SIEM Market Landscape

7. Saudi Arabia Managed Security Information and Event Management (SIEM) Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Solution (Firewall Security Management, Log & Event Management, Patch Management and Others)
7.2.2. By Deployment Mode (On-Premise & Cloud)
7.2.3. By End User Sector (Government, BFSI, IT & Telecom, Manufacturing and Others)
7.2.4. By Region (Central, Western, Eastern, Southern and Northern)
7.2.5. By Company
7.3. Market Attractiveness Index
7.3.1. By Solution
7.3.2. By Deployment Mode
7.3.3. By End User Sector
7.3.4. By Region

8. Saudi Arabia Firewall Security Management Managed SIEM Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Deployment Mode
8.2.2. By End User Sector

9. Saudi Arabia Log & Event Management Managed SIEM Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Deployment Mode
9.2.2. By End User Sector

10. Saudi Arabia Patch Management Managed SIEM Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Deployment Mode
10.2.2. By End User Sector

11. Market Dynamics
11.1. Impact Analysis
11.2. Drivers
11.3. Challenges

12. Market Trends & Developments

13. Policy & Regulatory Landscape

14. Saudi Arabia Economic Profile

15. Competitive Landscape
15.1. Competition Benchmarking
15.2. Company Profiles
15.2.1. IBM Middle East FZ-LLC
15.2.2. Wipro Arabia Limited
15.2.3. Splunk Inc.
15.2.4. LogRhythm Inc.
15.2.5. McAfee LLC
15.2.6. Cognizant Technology Solution Saudi Arabia L.L.C.
15.2.7. SolarWinds Corporation
15.2.8. Exabeam Inc.
15.2.9. AlienVault Inc.
15.2.10. Injazat Data Systems LLC

16. Strategic Recommendations

For more information about this report visit https://www.researchandmarkets.com/research/j4dnkk/the_2019_managed?w=12

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Related Topics: IT Security