In a world where security budgets are scrutinized and shelfware is an ever-present risk, it's surprising to see one of the oldest cybersecurity categories—SIEM (Security Information and Event Management)—forecasting growth numbers that would make a startup jealous. 

According to IDC’s Worldwide Security Information and Event Management Forecast, 2025–2029: Continued Payment for One’s SIEMs, the global SIEM market is expected to grow at a double-digit clip through 2029, powered by cloud adoption, regulatory momentum, and an evolving set of customer needs.

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What’s driving, and inhibiting, the growth

Regional trends

What SIEM challenges security teams face