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Analyst Data Says
ArcSight Has Leading Market Share in
Security Information and Event
Management
CUPERTINO, Calif.-- March 2,
2006--ArcSight, Inc. today
announced that it has the leading
market share of the Security
Information and Event Management (SIEM)
software market according to
historical market share data published
by IDC, an IT market research and
advisory firm. The SIEM market is
expected to grow from $266.6 million
in 2005 to $635.5 million in 2009, a
compound annual growth rate (CAGR) of
24.8% (Source: IDC, Worldwide Security
and Vulnerability Management Software
2005-2009 Forecast and Analysis:
Taking Control of the Security
Environment, Doc #34604, December
2005).
"We believe our market leadership
in the SIEM market is due to the
differences in our Enterprise Security
Management software's architecture as
compared to competitors. Our
architecture includes advanced data
collection capabilities, as well as
broad device support and vendor
neutrality. This enables us to scale
to meet the needs of the largest
enterprises and most demanding
government agencies," said Steve
Sommer, senior vice president of
marketing and business development at
ArcSight.
The IDC report also provides a
top-down sizing of the newly defined
security and vulnerability management
(SVM) software market, of which the
SIEM market is projected to be the
largest segment by 2009. The IDC
report indicates that the SVM market
will grow from $1.6 billion in 2005 to
$3.1 billion in 2009, a CAGR of 17.8%.
"The SVM software market covers a
wide area of solutions that are
designed to provide the brains of the
security organization," said Charles
Kolodgy, research director for
Security Products at IDC.
"Organizations are looking for
solutions to mitigate risk, handle
compliance with government regulations
and ultimately to provide some
security peace of mind. ArcSight is
competitive in the SVM market and we
expect it to continue as a leading
player."
For more information on the IDC
Worldwide Security and Vulnerability
Management Software 2005-2009 Forecast
and Analysis: Taking Control of the
Security Environment, Doc #34604,
please visit http://www.idc.com/.
About ArcSight
ArcSight, a leader in Enterprise
Security Management (ESM), provides
real-time threat management and
compliance reporting yielding
actionable insights into security
data. By comprehensively collecting,
analyzing and managing security data,
ArcSight ESM enables enterprises,
government organizations and managed
security service providers to
centrally manage information risk more
efficiently. ArcSight's customer base
includes leading global companies
across many verticals--and more than
20 U.S. federal agencies.
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ArcSight is a trademark
of ArcSight, Inc. The specific
features, functionality and release
timing of any new products remain at
the sole discretion of ArcSight, Inc.,
and ArcSight does not make any
warranty as to when or if specific
features, functionality or releases
may occur as described in this press
release.
Contact Information:
Erin Flanigan
Horn Group for ArcSight
415-905-4005
eflanigan@horngroup.com
For more information on ArcSight
news, please contact: pr@arcsight.com
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