SOURCE: ArcSight

March 02, 2006 08:00 ET

Analyst Data Says ArcSight Has Leading Market Share in Security Information and Event Management

CUPERTINO, CA -- (MARKET WIRE) -- March 2, 2006 -- ArcSight, Inc. today announced that it has the leading market share of the Security Information and Event Management (SIEM) software market according to historical market share data published by IDC, an IT market research and advisory firm. The SIEM market is expected to grow from $266.6 million in 2005 to $635.5 million in 2009, a compound annual growth rate (CAGR) of 24.8% (Source: IDC, Worldwide Security and Vulnerability Management Software 2005-2009 Forecast and Analysis: Taking Control of the Security Environment, Doc #34604, December 2005).

"We believe our market leadership in the SIEM market is due to the differences in our Enterprise Security Management software's architecture as compared to competitors. Our architecture includes advanced data collection capabilities, as well as broad device support and vendor neutrality. This enables us to scale to meet the needs of the largest enterprises and most demanding government agencies," said Steve Sommer, senior vice president of marketing and business development at ArcSight.

The IDC report also provides a top-down sizing of the newly defined security and vulnerability management (SVM) software market, of which the SIEM market is projected to be the largest segment by 2009. The IDC report indicates that the SVM market will grow from $1.6 billion in 2005 to $3.1 billion in 2009, a CAGR of 17.8%.

"The SVM software market covers a wide area of solutions that are designed to provide the brains of the security organization," said Charles Kolodgy, research director for Security Products at IDC. "Organizations are looking for solutions to mitigate risk, handle compliance with government regulations and ultimately to provide some security peace of mind. ArcSight is competitive in the SVM market and we expect it to continue as a leading player."

For more information on the IDC Worldwide Security and Vulnerability Management Software 2005-2009 Forecast and Analysis: Taking Control of the Security Environment, Doc #34604, please visit http://www.idc.com/.

About ArcSight

ArcSight, a leader in Enterprise Security Management (ESM), provides real-time threat management and compliance reporting yielding actionable insights into your security data. By comprehensively collecting, analyzing and managing security data, ArcSight ESM enables enterprises, government organizations and managed security service providers to centrally manage information risk more efficiently. ArcSight's customer base includes leading worldwide companies across many verticals, and more than 20 U.S. federal agencies.

ArcSight is a trademark of ArcSight, Inc.

Contact Information