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ArcSight Maintains
Leading Market Share in Security
Information and Event Management
According to Data from Leading
Analyst Firm
Security
Information and Event Management
Software Market Projected to Grow to
$873.2 Million by 2010
CUPERTINO,
Calif. - January 10, 2007 -
ArcSight, Inc., a leader in Network
and Security Information Management
solutions, today announced that it
continues to maintain the highest
market share of the Security
Information and Event Management (SIEM)
software market, according to market
share data published by IDC, an IT
market research and advisory firm.
The SIEM market is expected to grow
from $379.8 million in 2006 to
$873.2 million in 2010, a compound
annual growth rate (CAGR) of 25.2%
(Source: IDC, Worldwide Security and
Vulnerability Management Software
2006-2010 Forecast and Analysis:
Managing Security Knowledge and
Control, December 2006).
The IDC report
provides sizing of the security and
vulnerability management (SVM)
software market, of which the SIEM
market is the largest segment, which
is projected to continue to at least
2010. The report currently forecasts
that the SVM software market will
increase at a 16.7% CAGR and reach
$3.4 billion in 2010. The report
also projects that by the end of the
forecast period three submarkets,
policy and compliance, SIEM, and
patching and remediation, will each
exceed half a billion dollars in
vendor revenue.
"We believe our
leadership in the SIEM market is
validation of our mission to deliver
innovative technology to support the
evolving needs of our commercial and
government customers," said Hugh
Njemanze, CTO and EVP of Research
and Development at ArcSight. "This
mission has led us to the recent
delivery of our first appliances for
high performance log management, as
well as network response and
configuration management. We are
expanding the value of our solutions
in IT security operations to network
operations, as we strive to provide
them with the same benefits from
leveraging network data to improve
and streamline their operations."
"The SIEM market
is one of the three fastest growing
markets in the security and
vulnerability management software
space and our research shows that
ArcSight has the largest market
share," said Rose Ryan, J.D.,
research analyst, security products
and services at IDC. "We will be
watching ArcSight in 2007 with its
recent release of a log management
appliance, as well as network
response and network configuration
management appliance designed for
network operations."
For more
information on the IDC Worldwide
Security and Vulnerability
Management Software 2006-2010
Forecast and Analysis: Managing
Security Knowledge and Control,
December 2006, please visit
http://www.idc.com.
About ArcSight
ArcSight, a leader in Network and
Security Information Management,
delivers mission-critical solutions
for security, network and IT
operations that enable enterprises
to turn operational data into
action. ArcSight solutions address
today's complex enterprise networks
that span multiple organizations and
corporate business initiatives. By
comprehensively collecting,
analyzing, managing and responding
to security and network data,
ArcSight solutions mitigate
information risk for real-time
threat management, compliance
reporting and automated network
response. ArcSight's customer base
includes leading global enterprises,
government agencies and MSSPs.
ArcSight and the ArcSight logo are
trademarks of ArcSight, Inc.
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Contact
Information
Erin O'Keeffe
Horn Group for ArcSight
415-905-4005
eokeeffe@horngroup.com
For more information on ArcSight
news, please contact: pr@arcsight.com
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