Security Incident Managements Market Report 2025 (Global Edition)

Global Security Incident Managements Market Report 2025 Market Size Split by Type Outlook: (On-Premises, Cloud based), by Services Outlook: (Consulting, Training, Professional services, Managed servic...

Security Incident Managements Market Report Description

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Competitive Landscape of the Security Incident Managements Market

The Security Incident Management (SIM) industry is highly competitive, with prominent competitors attempting to improve their solutions using new technologies such as Artificial Intelligence (AI), Machine Learning (ML), and automation. The industry is made up of both established enterprises and young startups, each of which addresses different organizational cybersecurity needs. Artificial intelligence, machine learning, and automation are rapidly being integrated into SIM platforms to improve real-time threat identification and response. SOAR capabilities are prioritized to facilitate automated operations and reduce response times. In addition, many firms are focusing on cloud-native SIM solutions to meet the increased demand for secure remote work and hybrid settings.

In June 2024, Cyera, a data security services company, announced the Cyera Incident Response Service. This retainer-based service is delivered by a highly qualified team of incident responders who use Cyera's data security solution. This configuration allows them to respond quickly and effectively to situations by providing crucial data insights and context, assisting in identifying the most critical data that requires attention. (Source: https://www.prnewswire.com/news-releases/cyera-launches-data-incident-response-service-to-bring-speed-and-focus-to-security-investigations-302177229.html) In January 2024, Check Point Software Technologies Ltd., a provider of cyber security platforms, unveiled the first generation of Infinity AI Copilot. Infinity AI Copilot addresses the global shortage of cybersecurity expertise by integrating the power of AI and cloud technologies, hence increasing security team efficiency and efficacy. Key capabilities policies and AI Copilot include improved security administration, deployment and management policies, and security mitigation and response. (Source: https://www.checkpoint.com/press-releases/check-point-software-unveils-infinity-ai-copilot-transforming-cyber-security-with-intelligent-genai-automation-and-support/)

Top Companies Market Share in Security Incident Managements Industry: (In no particular order of Rank)

• Broadcom Inc.
• McAfee LLC
• Palo Alto Networks
• International Business Machines Corporation (IBM)
• Cisco Systems
• Inc.
• Check Point Software Technologies
• Ltd.
• BAE Systems Inc.
• NTT
• Inc.
• RiskIQ
• AT&T Cybersecurity
• Confidential Data
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• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

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Regional Analysis of the Security Incident Managements Market

Which Region Dominates the Security Incident Managements Market in 2024?

According to Cognitive Market Research, North America is expected to dominate the market during the forecast period. The regional expansion of the market is due to its advanced cybersecurity infrastructure, regulatory frameworks, and high adoption of emerging technologies like AI and automation. The region's increasing dependence on digital ecosystems and heightened cyber threat landscape drive the demand for robust SIM solutions.

Which Region is Expanding at the Fastest CAGR?

Asia-Pacific is expected to make significant gains during the projected period, with the greatest compound annual growth rate (CAGR). The Asia Pacific market is growing due to the increasing incidence of cyber attacks. The region has seen a significant increase in cyberattacks, including data breaches, ransomware, and phishing attacks. Governments and enterprises across the region are prioritizing incident management to mitigate risks.

The current report Scope analyzes Security Incident Managements Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Switzerland, Luxembourg, Rest of Europe)
• Asia Pacific (China, Japan, South Korea, India, Australia, Singapore, Taiwan, South East Asia, Rest of APAC)
• Latin America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East (Saudi Arabia, Turkey, UAE, Egypt, Qatar, Rest of Middle East)
• Africa (Nigeria, South Africa, Rest of Africa)

The above graph is for illustrative purposes only.

North America Security Incident Managements Market Analysis

<P>According to Cognitive Market Research, the global Security Incident Managements market size was estimated at USD 2965.5 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 1186.20 million in 2024 and will grow at a compound annual growth rate (CAGR) 19.4% from 2024 to 2031.</P> <ul><li>According to Cognitive Market Research, the US had a major share in the Security Incident Managements market with a market size of USD 935.91 million in 2024 and is projected to grow at a CAGR of 19.2% during the forecast period. The U.S. market's is growing owing to the presence of major players.</li> <li>The Canada Security Incident Managements market had a market share of USD 142.34 million in 2024 and is projected to grow at a CAGR of 20.2% during the forecast period. Canada’s rising investment.</li> <li>The Mexico Security Incident Managements market is projected to witness growth at a CAGR of 19.9% during the forecast period, with a market size of USD 107.94 million in 2024.</li></ul>

Europe Security Incident Managements Market Analysis

<p>According to Cognitive Market Research, the global Security Incident Managements market size was estimated at USD 2965.5 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 889.65 million in 2024 and will grow at a compound annual growth rate (CAGR) of 19.7% from 2024 to 2031.</P> <ul><li>The United Kingdom Security Incident Managements market had a market share of USD 149.46 million in 2024 and is projected to grow at a CAGR of 20.5% during the forecast period. In the UK, Security Incident Managements sales witness an upswing due to the increasing technological advancements.</li> <li>The France Security Incident Managements market is projected to witness growth at a CAGR of 18.9% during the forecast period, with a market size of USD 81.85 million in 2024.</li> <li>According to Cognitive Market Research, the German Security Incident Managements market size was valued at USD 176.15 million in 2024 and is projected to grow at a CAGR of 19.9% during the forecast period. In Germany, Security Incident Managements surged due to the growing product launch.</li> <li>The Italy Security Incident Managements market is projected to witness growth at a CAGR of 19.1% during the forecast period, with a market size of USD 76.51 million in 2024.</li> <li>The Russia Security Incident Managements market is projected to witness growth at a CAGR of 18.7% during the forecast period, with a market size of USD 137.90 million in 2024.</li> <li>The Spain Security Incident Managements market is projected to witness growth at a CAGR of 18.8% during the forecast period with a market size of USD 72.95 million in 2024</li> <li>The Luxembourg Security Incident Managements market is projected to witness growth at a CAGR of 19.8% during the forecast period, with a market size of USD 27.58 million in 2024.</li> <li>The Portugal Security Incident Managements market is projected to witness growth at a CAGR of 19.5% during the forecast period, with a market size of USD 18.68 million in 2024.</li> <li>The Greece Security Incident Managements market is projected to witness growth at a CAGR of 20.0% during the forecast period, with a market size of USD 10.68 million in 2024.</li> <li>The Rest of Europe's Security Incident Managements market is projected to witness growth at a CAGR of 18.4% during the forecast period, with a market size of USD 137.90 million in 2024.</li></ul>

Asia Pacific Security Incident Managements Market Analysis

<P>According to Cognitive Market Research, the global Security Incident Managements market size was estimated at USD 2965.5 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 682.07 million in 2024 and will grow at a compound annual growth rate (CAGR) of 23.2% from 2024 to 2031.</P> <ul><li>According to Cognitive Market Research, the China Security Incident Managements market size was valued at USD 306.93 million in 2024 and is projected to grow at a CAGR of 22.7% during the forecast period. Security Incident Managements surged in China due to increasing investment.</li> <li>The Japan Security Incident Managements market is projected to witness growth at a CAGR of 21.7% during the forecast period, with a market size of USD 94.12 million in 2024.</li> <li>The India Security Incident Managements market had a market share of USD 81.85 million in 2024 and is projected to grow at a CAGR of 25.0% during the forecast period. India's rising industrialization. </li> <li>The South Korean Security Incident Managements market is projected to witness growth at a CAGR of 22.3% during the forecast period, with a market size of USD 68.21 million in 2024.</li> <li>The Australian Security Incident Managements market is projected to witness growth at a CAGR of 22.9% during the forecast period, with a market size of USD 35.47 million in 2024.</li> <li>The South East Asia Security Incident Managements market is projected to witness growth at a CAGR of 24.2% during the forecast period, with a market size of USD 47.06 million in 2024.</li> <li>The Rest of Asia Pacific Security Incident Managements market is projected to witness growth at a CAGR of 23.0% during the forecast period, with a market size of USD 48.43 million in 2024.</li></ul>

South America Security Incident Managements Market Analysis

<P>According to Cognitive Market Research, the global Security Incident Managements market size was estimated at USD 2965.5 Million, out of which Latin America held the market share of around 5% of the global revenue with a market size of USD 148.28 million in 2024 and will grow at a compound annual growth rate (CAGR) of 20.6% from 2024 to 2031.</P> <ul><li>According to Cognitive Market Research, the Brazil Security Incident Managements market size was valued at USD 63.46 million in 2024 and is projected to grow at a CAGR of 21.2% during the forecast period. Security Incident Managements flourished in Brazil due to increasing investment.</li> <li>Argentina's Security Incident Managements market had a market share of USD 24.91 million in 2024 and is projected to grow at a CAGR of 21.5% during the forecast period. Argentina's rising collaboration among key players.</li> <li>Colombia Security Incident Managements market is projected to witness growth at a CAGR of 20.4% during the forecast period, with a market size of USD 13.20 million in 2024.</li> <li>Peru Security Incident Managements market is projected to witness growth at a CAGR of 20.8% during the forecast period, with a market size of USD 12.16 million in 2024.</li> <li>Chile Security Incident Managements market is projected to witness growth at a CAGR of 20.9% during the forecast period, with a market size of USD 10.68 million in 2024.</li> <li>The Rest of Latin America's Security Incident Managements market is projected to witness growth at a CAGR of 19.7% during the forecast period, with a market size of USD 23.87 million in 2024.</li></ul>

Middle East Security Incident Managements Market Analysis

<P>According to Cognitive Market Research, the global Security Incident Managements market size was estimated at USD 2965.5 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 59.31 million in 2024 and will grow at a compound annual growth rate (CAGR) of 20.9% from 2024 to 2031..</P> <ul><li>The GCC Countries Security Incident Managements market is projected to witness growth at a CAGR of 21.7% during the forecast period, with a market size of USD 25.38 million in 2024. The country's growth is driven by the presence of major market players.</li> <li>The Egypt Security Incident Managements market is projected to witness growth at a CAGR of 21.2% during the forecast period, with a market size of USD 6.23 million in 2024.</li> <li>The South Africa Security Incident Managements market is projected to witness growth at a CAGR of 21.9% during the forecast period, with a market size of USD 9.37 million in 2024. Security Incident Managements sales flourished in South Africa due to increasing demand and regulatory support.</li> <li>The Turkey Security Incident Managements market is projected to witness growth at a CAGR of 20.4% during the forecast period, with a market size of USD 5.10 million in 2024.</li> <li>The Nigeria Security Incident Managements market is projected to witness growth at a CAGR of 20.0% during the forecast period, with a market size of USD 6.23 million in 2024.</li> <li>The Rest of the MEA Security Incident Managements market is projected to witness growth at a CAGR of 19.9% during the forecast period, with a market size of USD 7.00 million in 2024.</li></ul>

Security Incident Managements Market Analysis

How are Segments Performing in the Global Security Incident Managements Market?

Security Incident Managements Market Deployment Segment Analysis

According to Cognitive Market Research, On-Premises are likely to dominate the Security Incident Managements Market over the forecast period. Industries handling sensitive data, such as financial services and healthcare, often require on-premises solutions to ensure compliance with data protection regulations like HIPAA, GDPR, and CCPA. Moreover, on-premises solutions allow for greater customization and integration with existing legacy systems, which can be a decisive factor for certain businesses.

Cloud based is the fastest-growing segment in the Security Incident Managements Market. Cloud-based SIM solutions minimize the need for large initial investments in hardware and infrastructure. Subscription-based pricing methods (SaaS) make it affordable for enterprises of all sizes. Furthermore, the advent of remote work and hybrid workforce models has enhanced the need for cloud-based SIM technologies to secure distant systems. Furthermore, cloud solutions use powerful AI and machine learning (ML) capabilities to improve threat detection, incident response, and predictive analytics.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Security Incident Managements Industry. Request a Free Sample PDF!

Security Incident Managements Market Services Segment Analysis

According to Cognitive Market Research, the Consulting segment holds the largest share of the market. Consulting services play an important role in the Security Incident Management (SIM) market because they assist firms in designing, implementing, and optimizing incident management strategies. These services serve a wide range of requirements, including risk assessment, compliance, integration, and training, making them an important component of the SIM industry.

In the Security Incident Managements Market, Professional services have been expanding at a rapid pace. Professional services are a critical component of the Security Incident Management (SIM) market, encompassing a wide range of offerings that support organizations in deploying, managing, and optimizing their SIM tools and strategies. These services provide technical expertise and operational support to enhance the effectiveness of incident management solutions.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Security Incident Managements Industry Outlook: Segment Analysis

Security Incident Managements Market Industry Segment Analysis

According to Cognitive Market Research, the BFSI segment holds the largest market share. The increase in cyberattacks on financial institutions, such as ransomware and DDoS (Distributed Denial of Service) assaults, has prompted BFSI businesses to invest in advanced SIM solutions to identify and respond to threats more quickly. Furthermore, with severe regulations governing data security and privacy, BFSI institutions must establish comprehensive incident management frameworks to comply with legal requirements and avoid penalties.

In the Security Incident Managements market, the rapidly growing sector is the Defense and Government category. Rising geopolitical conflicts and state-sponsored cyberattacks have heightened the need for improved security measures in the defense and government sectors. Nation-states are investing considerably in SIM solutions to safeguard sensitive military and government data. Furthermore, the rapidly evolving nature of cybersecurity threats in defense and government necessitates a powerful SIM solution that provides real-time monitoring and rapid incident response capabilities, minimizing the time required to detect and neutralize threats.

• IT and Telecommunications
• Manufacturing
• Transportation and Logistics
• Defense and Government
• BFSI
• Healthcare
• Retail
• Energy and Utilities
• Others

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Vinayak Bali

Senior Research Analyst at Cognitive Market Research

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