The Latin America, Middle East and Africa Log Management Market would witness market growth of 15% CAGR during the forecast period (2019-2025). A log is an automatically generated and time-stamped record of events specific to a given system in a computing context. Virtually all applications and systems in the software generate log files. Effective log management is important for protection as well as compliance. A crucial component of security intelligence (SI) is tracking, recording and evaluating system incidents. For compliance, regulations like HIPPA, the Gramm-Leach-Bliley Act and the Sarbanes Oxley Act have unique audit log provisions. Technology for log-management automates most of the involved processes. For instance, an event log manager (ELM) records changes in the IT infrastructure of an organization. Such modifications are reflected in the audit trails which must be created for an audit of compliance.
The advantages of log management systems are numerous, and a good return on investment. In order to evaluate the value of an investment in this field, it helps to recognize log management systems as business intelligence. Even though a company is focusing on information security, it can find similar features and benefits from log management systems and business intelligence systems. From data extraction, transforming and loading (ETL) to back-end business data warehouses, all traditional BI moving parts are also present in several log management systems.
Based on Component, the market is segmented into Solution and Services. Based on Deployment Type, the market is segmented into On-premise and Cloud. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on End User, the market is segmented into IT, ITES & Telecom, BFSI, Healthcare & Life Sciences, Retail & eCommerce, Education and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: Log Management Market in LAMEA is expected to register a CAGR of 15% during the forecast period (2019-2025)
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include SolarWinds Corporation, IBM Corporation, Micro Focus International PLC, Rapid7, Inc., McAfee, LLC, Alert Logic, Inc., Intel Corporation, LogRhythm, Inc., Splunk, Inc., and Veriato, Inc.
Market Segmentation:
By Component
By Deployment Type
By Organization Size
By End User
By Country
Companies Profiled
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