Electricity market in continuous growth
Analyzing market data is always interesting, especially when there is an important technological change such as the one we are experiencing in this period, with the spread of electric and hybrid cars in large quantities. The month of August 2021 recorded a net contraction compared to the same month of 2020, with a -27.3% on the overall automotive market; despite this, the electrified car market continues to grow. In Europe, electrified cars reached a market share of 17% in July.In Italy, 5096 electric cars were registered in August 2021, a figure which records a +440.4 % compared to 2019, reaching a share of 4.6% of the entire market. 6272 were registered plug-in hybrids, compared to 389 registered in August 2019: in this case the increase is 1512.3%, and the market share gnawed by the hybrids is 5.6%.
After years of Tesla domination on the electric market, finally other manufacturers have also taken the field with valid models that are clearly pleasing the public: in Italy the ranking of the best-selling electric cars still sees the new Fiat 500 in first place electric, which doubles the e-Up! of Volkswagen with 578 registrations against the 324 of the small German. On the third step of the podium a few units away we find the Tesla Model 3, the cheapest model offered by Elon Musk's company, however, undermined by the Volkswagen ID.3 which stops at just under 30 units sold - 308 against 281. The ranking is also being populated by more generously sized models, such as the Ford Mustang Mach-E which registered 121 registrations, and the Volkswagen ID.4 which instead registered 135.
All these data are in stark contrast to what was recorded on the thermal car market: in the best case, that of LPG cars, the contraction is 33%, while at worst, that of diesel cars , is 56%.
Security Information and Event Management (SIEM) Market Size to Reach USD 6436.2 Million by 2027 at CAGR 6.8% - Valuates Reports
BANGALORE, India, Sept. 6, 2021 /PRNewswire/ -- The Security Information and Event Management (SIEM) Market is Segmented by Type (Log and Event Management, Firewall Security Management, Patch Management, Others), by Application (BFSI, Government, Healthcare, Telecom and Information Technology (IT), Energy and Utility, Retail and Hospitality, Education and Academia, Others). The report covers global opportunity analysis and industry forecasts from 2021 to 2027. It is published in Valuates Reports under Computer Security Category.
The global Security Information and Event Management market size is projected to reach USD 6436.2 Million by 2027, from USD 3938.3 Million in 2020, at a CAGR of 6.8% during the forecast period 2021-2027.
Major factors driving the growth of the Security Information and Event Management market are:
The important factors driving demand for the market are the necessity for continuous monitoring and incident response, adherence to regulatory requirements, getting and maintaining certifications, and managing and keeping logs.
The rise in Concerns Over IT Security is expected to boost the Security Information and Event Management market. SIEM provides threat, log, and event management at a low cost and in a consolidated system, making it easier to handle numerous security solutions while maintaining high productivity.
Globally, the SIEM market is further being driven by increased attention to comprehensive IT governance rules and compliance with the regulatory environment.
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TRENDS INFLUENCING THE GROWTH OF SECURITY INFORMATION AND EVENT MANAGEMENT MARKET
Increasing need for security solutions that help organizations recognize potential security threats and vulnerabilities is expected to drive the Security Information and Event Management market. Organizations require the level of visibility required to manage network hazards from outside the traditional network perimeter, as remote workforces, SaaS apps, and BYOD (Bring Your Own Device) policies have grown in popularity. SIEM systems monitor all network activity across all users, devices, and apps, allowing for greater visibility throughout the whole infrastructure and the detection of threats regardless of where digital assets and services are accessed.
Furthermore, when a security issue happens, SIEM systems are suitable for performing digital forensic investigations. SIEM systems enable businesses to collect and analyze log data from all of their digital assets in one central location. This enables them to reproduce previous occurrences or evaluate new ones in order to examine suspicious activity and improve security systems.
Increased attention to comprehensive IT governance policies and compliance with the regulatory framework is expected to drive the SIEM market during the forecast period. SIEM solutions are a popular choice for businesses that must comply with a variety of regulations. SIEM is a powerful tool for gathering and verifying compliance data across the whole corporate infrastructure since it allows automated data collection and analysis. SIEM solutions may create real-time compliance reports for PCI-DSS, GDPR, HIPPA, SOX, and other compliance requirements, easing security management and detecting any violations early.
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SECURITY INFORMATION AND EVENT MANAGEMENT SHARE ANALYSIS:
Based on application, the retail SIEM market is predicted to develop the fastest, owing to increased concerns about the security of e-commerce data and in-store financial and personal information about customers; BFSI is also one of the top SIEM users, followed by the IT & telecom vertical.
Based on the region, North America is expedited to be the most lucrative during the forecast period. Several companies across verticals in North America are looking to enhance their breach detection and monitoring capabilities by deploying SIEM solutions. Companies that are focusing on security and compliance reporting requirements are rapidly adopting SIEM technology. Larger companies that follow a conservative approach in adopting technology are also deploying SIEM solutions.
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Major Players in the Security Information and Event Management (SIEM) Industry
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SIMILAR REPORTS
- The global fraud detection and prevention market size is projected to reach USD 45800 Million by 2027, from USD 16390 Million in 2020, at a CAGR of 15.3% during 2021-2027.
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- The global Managed Services market size is projected to reach USD 248750 Million by 2026, from USD 133440 Million in 2019, at a CAGR of 9.2% during 2021-2026.
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- The global Energy Security market size is projected to reach USD 87320 Million by 2027, from USD 60400 Million in 2020, at a CAGR of 5.3% during 2021-2027.
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- The global Electronic Security market size is projected to reach USD 259 Million by 2027, from USD 150.3 Million in 2020, at a CAGR of 7.6% during 2021-2027.
- The global Cyber security as a Service market size is projected to reach USD 60480 Million by 2027, from USD 36320 Million in 2020, at a CAGR of 7.1% during 2021-2027.
- The global Security Software in Telecom market size is projected to reach USD 5501.7 Million by 2027, from USD 3380.4 Million in 2020, at a CAGR of 6.7% during 2021-2027.
- The global Payment Processing Solutions market size is projected to reach USD 52,060 Million by 2026, from USD 33,810 Million in 2019, at a CAGR of 5.9% during the forecast period 2021-2026.
To see the full list of related reports on the Security
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