South Korea Security Information And Event Management (siem) Market Size & Outlook

The security information and event management (siem) market in South Korea is expected to reach a projected revenue of US$ 371.0 million by 2030. A compound annual growth rate of 17.3% is expected of South Korea security information and event management (siem) market from 2024 to 2030.
Revenue, 2023 (US$M)
$121.7
Forecast, 2030 (US$M)
$371.0
CAGR, 2024 - 2030
17.3%
Report Coverage
South Korea

South Korea security information and event management (siem) market, 2018-2030 (US$M)

South

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South Korea security information and event management (siem) market highlights

  • The South Korea security information and event management (siem) market generated a revenue of USD 121.7 million in 2023 and is expected to reach USD 371.0 million by 2030.
  • The South Korea market is expected to grow at a CAGR of 17.3% from 2024 to 2030.
  • In terms of segment, software was the largest revenue generating solution in 2023.
  • Services is the most lucrative solution segment registering the fastest growth during the forecast period.

Security information and event management (siem) market data book summary

Market revenue in 2023USD 121.7 million
Market revenue in 2030USD 371.0 million
Growth rate17.3% (CAGR from 2023 to 2030)
Largest segmentSoftware
Fastest growing segmentServices
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSoftware, Services
Key market players worldwideFortinet Inc, International Business Machines Corp, Intel Corp, Cisco Systems Inc, Alert Logic, AT&T, Exabeam, LogRhythm, ManageEngine, McAfee, Micro Focus, NetWitness, Rapid7 Inc, Securonix, SolarWinds Corp Ordinary Shares, Sumo Logic

Other key industry trends

  • In terms of revenue, South Korea accounted for 2.7% of the global security information and event management (siem) market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China security information and event management (siem) market is projected to lead the regional market in terms of revenue in 2030.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 678.0 million by 2030.

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Security Information And Event Management (SIEM) Market Companies

Name Profile # Employees HQ Website

South Korea security information and event management (siem) market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to security information and event management (siem) market will help companies and investors design strategic landscapes.


Software was the largest segment with a revenue share of 62.2% in 2023. Horizon Databook has segmented the South Korea security information and event management (siem) market based on software, services covering the revenue growth of each sub-segment from 2018 to 2030.


  • South Korea Security Information And Event Management (SIEM) Solution Outlook (Revenue, USD Million, 2018-2030)
    • Software
    • Services
  • South Korea Security Information And Event Management (SIEM) Deployment Outlook (Revenue, USD Million, 2018-2030)
    • Cloud
    • On-premise
  • South Korea Security Information And Event Management (SIEM) Enterprise size Outlook (Revenue, USD Million, 2018-2030)
    • Small and medium-sized enterprises
    • Large enterprises
  • South Korea Security Information And Event Management (SIEM) Vertical Outlook (Revenue, USD Million, 2018-2030)
    • BFSI
    • IT and Telecom
    • Retail & E-commerce
    • Healthcare and Life Sciences
    • Manufacturing
    • Government & Defense
    • Energy & Utilities
    • Others

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Target buyers of South Korea security information and event management (siem) market databook

  • Our clientele includes a mix of security information and event management (siem) market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea security information and event management (siem) market , including forecasts for subscribers. This country databook contains high-level insights into South Korea security information and event management (siem) market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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South Korea security information and event management (siem) size, by solution, 2018-2030 (US$M)

South Korea Security Information And Event Management (SIEM) Market Outlook Share, 2023 & 2030 (US$M)

South Korea security information and event management (siem) size, by solution, 2018-2030 (US$M)

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