Log analysis is a process of collecting, archiving, managing, and reporting the logs, which are generated from various devices, such as firewalls, routers, servers, switches, and other log sources. Best log analysis softwares deal with a huge amount of computer-generated log data. The main objective of log analysis is to track the security events and network activities. Most of the organizations deploy best log analysis softwares to meet the regulatory compliance standards, such as Payment Card Industry Data Security Standard (PCI-DSS), Health Insurance Portability and Accountability Act (HIPAA), Gramm-Leach-Bliley Act (GLBA), Sarbanes-Oxley Act (SOX), Federal Information Security Management Act (FISMA), and ISO 27001. With proper log analysis softwares, an organization can effectively manage logs while ensuring integrity and improved business continuity.

1. Micromarkets are defined as the further segments and subsegments of the global best log analysis softwares market included in the report.

2. Core competencies of the companies are captured in terms of their key developments, key observations, and key strategies adopted by them to sustain their position in the market.

VISIONARY LEADERS

Visionary leaders in the best log analysis softwares market are the leading market players in terms of new developments such as product launches, innovative technologies, and the adoption of growth strategies. These players have a broad product offering that caters to most of the regions globally. Visionary leaders primarily focus on acquiring the leading market position through their strong financial capabilities and their well-established brand equity.

DYNAMIC DIFFERENTIATORS

Dynamic Differentiators in the best log analysis softwares market are established players with very strong business strategies. However, they have a weaker product portfolio compared to the visionary leaders. They generally focus only on a specific type of technology related to the product.

INNOVATORS

Innovators in the competitive leadership mapping are vendors that have demonstrated substantial product innovations as compared to their competitors. The companies have focused on product portfolios. However, they do not have very strong growth strategies for their overall business, when compared with the visionary leaders.

EMERGING COMPANIES

Emerging companies in the best log analysis softwares market have niche product and service offerings. Their business strategies are not as strong as that of the established vendors. The emerging vendors include the new entrants in the market, emerging in terms of product portfolio and geographic reach, and require time to gain significant traction in the market.

The best log analysis softwares help enterprises to improve security and regulatory compliance with comprehensive log management. Every computing device generates hundreds of gigabytes logs per day for large organizations. Log analysis softwares help to monitor huge number of security events generated from network devices to identify security breaches and maintain continuous security with the organization. The platform protects networks, endpoints, and devices from various malicious attacks, sophisticated cybercriminals, ransomwares, and APTs. With the implementation of log analysis softwares, public and private organizations can prevent security threats and help to cut down business costs and enhance the information security infrastructure. As the sophistication level in cyber-attacks is increasing, security vendors are trying to develop better log analysis softwares to provide a proactive and holistic security to critical business applications.

SERVICES

The services segment in the best log analysis softwares market has been classified into professional and managed services. Professional services have been further segmented into consulting, training and education, and support and maintenance. The demand for services is directly related to the adoption level of log management platform in the organizations. The adoption of log analysis softwares is increasing to secure the critical IT infrastructure across organizations. Managed services are used to decrease the operational overhead and risks, and also help to manage the network operational process by reducing the complexity of networked infrastructure. In addition, a major trend influencing the log analysis softwares market is the complexity of advanced technologies, such as, IoT infrastructure and operating system.

PROFESSIONAL SERVICES

Professional services are the services provided by product vendors to strategically help clients organize, design, analyze, implement, and manage technological systems. Professional services play a vital role in any ecosystem. These services include consulting, training and education, and support and maintenance. Professional service providers in the log analysis softwares market are also associated with similar services. Since the nature of these services is complex, the service providers must possess high levels of technical skills and expertise. There are several vendors in the best log analysis softwares ecosystem that offer these services, which include providing consultancy to their clients on client-specific requirements, providing educational support such as training and classroom lectures (online as well) to their clients in order to make them understand the solution and the processes, and assessing the risks associated with a project to deploy a newer log management solution or replace the older one to secure their IT infrastructure. The professional services segment is expected to have the largest market share in the best log analysis softwares market.

Consulting

Consulting services provide knowledge and advice to the clients with in-depth product description and provide solutions for client’s critical issues. It is provided by highly qualified industry experts, domain experts, and security professionals. These professionals help organizations to formulate identity management strategies, prevent revenue losses, minimize risk, understand maturity of their log and event management solutions, and enhance security in the existing IT systems. Consulting service providers guide companies in setting up best log analysis softwares solution to address their specific security requirements in a way feasible for them and understand new technologies securing their connected networking devices.

Security consulting firms such as IBM, Intel, Symantec, LogRhythm, SolarWinds, AlienVault, and Micro Focus are active in this space and enable organizations to improve their security in IT infrastructure to prevent possible security threats.

Training and education

The training and education services consist of discussion with employees, teaching about technologies, and transfer of knowledge, skills, and values that help organizations to better manage the security of their infrastructure. Personalized training and education is an important category under the professional services domain. Vendors are coming up with various education programs to mitigate knowledge gaps and correct implementation of the best log analysis softwares. The market of training and education is expected to grow in the future because of the technological obsolescence. The training and education services help to achieve critical skills for improving overall security of personal devices, laptops, and other computing devices. Log management education provides a wide range of training that include virtual academy, certification program, education skills assessment tool, product training, cyber threat detection and incident response training, and security awareness programs.

Support and maintenance

Support and maintenance services include the assistance provided during product installation and maintenance activities of installed system infrastructure. These services play a crucial role in the best log analysis softwares market. These service providers help enterprises in providing installation, maintenance, and other support activities such as data migration or replication. In addition, they include providing upgradations to traditional log and event management solutions and providing assistance in case of resolving issues in the products, among other functions. The demand for support and maintenance services is increasing with the deployment of advanced technologies across enterprises.

Frequently Asked Questions

  • How much will the Log Analysis market is estimated grow in coming 3 years?
    The log management market size is expected to grow from USD 707 Million in 2017 to USD 1,248.9 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 12.1%. The base year considered for the study is 2016 and the market size is calculated from 2017 to 2022. The reason behind the high growth rate is the increased need to secure IT infrastructures from advanced cyber-attacks, such as, zero day attacks, ransomwares and malwares.
  • Which are the major growth drivers and challenges faced in Log Analysis software market?
    The major growth drivers of the market include increasing Advanced Persistent Threats (APTs), strong regulation and compliance requirements, and increasing network complexities, and growth in the number of network devices. Easy availability of free and open source log management solutions may restrict the log management market’s growth.
  • Which region would be offering higher growth in Log Analysis market?
    The global log management market has been segmented on the basis of regions into North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America to provide a region-specific analysis in the report. The North American region, followed by Europe, is expected to become the largest revenue-generating region for log management services in 2017. This is mainly because the organizations in the developed economies of the US and Canada are highly focused on innovations obtained from Research and Development (R&D) and security technologies. The APAC region is expected to be the fastest-growing region in the market. The growth in this region is primarily driven by the increasing adoption of IoT devices and BYOD technologies within organizations.
  • Who is the target audience for the Log Analysis market?
    Key Target Audience for Log Management Market are: Government agencies, Log management vendors, Network solution providers, Independent software vendors, Consulting firms, System integrators, VARS, MSSPs
  • Who are the leading vendors operating in the Log Analysis market?
    The log management ecosystem comprises major vendors such as IBM Corporation (New York, US), Intel Security (California, US), SolarWinds Worldwide, LLC (Texas, US), Splunk Inc. (California, US), LogRhythm, Inc. (Colorado, US), Alert Logic (Texas, US), Loggly, Inc. (California, US), AlienVault (California, US), Veriato, Inc. (California, US), and Blackstratus, Inc. (Palm Beach, US). Other stakeholders include log management service providers, consulting firms, Information Technology (IT) service providers, Value-Added Resellers (VARs), enterprise users, and security and access management technology providers.

Best Log Analysis Softwares

Comparing 21 vendors in Log Analysis Software across 24 criteria.
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Alert Logic Log Analysis Software with ActiveWatch is a security-as-a-service -based solution that helps enterprises to meet the compliance requirements and detect security issues across complex IT infrastructures. The platform collects, processes, and analyzes the logs across on-premises as well as cloud. The company uses various technologies while developing the log manager solution, such as event correlation, analysis and reporting, compliance support, and SaaS. The log management portfolio helps organizations to scale their businesses to particular business needs, and offers in-depth security from advanced vulnerabilities and security breaches. Alert Logic is highly focused on its R&D investments, which help in creating innovative and enhanced solutions and services in the log management market.
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AlienVault offers a huge set of softwares, such as vulnerability management, threat detection, behavioral monitoring, log analysis software, compliance management, and security intelligence. The company provides log management solutions across on-premises as well as cloud, including log management for AWS and log management for Microsoft Azure. Automated log analysis and management in AlienVault USM offers threat detection and protection across various IT platforms. The company launches advanced log management offerings to meet the customer requirements. Recently, in 2017, it launched the USM platform to provide effective threat detection, incident response, and compliance management across on-premises as well as cloud environment. In 2015, AlientVault launched the enhanced Open Threat Exchange (OTX) to offer better threat intelligence capabilities across networks. In addition, it enhanced its USM platform to help enterprises secure their IT infrastructure, thus expanding the regulatory and compliance requirements. AlienVault delivers a strong log analysis service for the IT security, which provides a strong event management across enterprise cloud and on-premises.
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BlackStratus offers log management offerings through its robust platform, called LOGStorm. The platform detects and defends against sophisticated threats across enterprises by simplifying compliance requirements and enhancing security. It is a powerful and flexible log management solution that provides in-depth and real-time visibility of events and logs. The various features of the solutions include real-time incident identification, automated correlation technology, centralized event logging management and storage, vulnerability data correlation, zero-day attack identification, in-depth incident summaries, security and compliance reports, and extensive device support. BlackStratus focuses on the strategies of product enhancements and new products launches. In 2016, it launched the first SIEM platform, called CYBERShark to monitor security events and manage compliance requirements across enterprises.
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In log management, the company provides IBM QRadar log manager suite, which collects, preserves, and reports network security log events to help enterprises to safeguard their IT infrastructure from sophisticated cyber-attacks, insider attacks, and advanced security breaches. IBM also offers intelligent log management for the cloud environment.
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The company's McAfee Enterprise Log Analysis Software offers comprehensive log collection and management capabilities with a flexible storage. It improves security investigations and incident responses, and automates the event management system. It also helps to meet the compliance requirements. The company is expanding its product portfolio by launching new products.
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Loggly provides enterprise-class log analysis softwares, which offer various capabilities, such as proactive monitoring, troubleshooting, data analysis and optimization, and team collection and integration. The platform helps enterprises in real-time monitoring of logs and events across small as well as large enterprises. The company is continuously focusing on developing and enhancing new products. In 2016, it launched a new log analysis technology tool, Gamut Search, to instantly respond to massive data volumes across the enterprise IT environment. In addition, it integrated the Atlassian JIRA Software to its cloud-based log management solution to further improve its log management capabilities. In 2015, Loggly enhanced its log management platform to provide intelligence and structure to automatically monitor the logs for one-click navigation.
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LogRhythm Log Analysis Software has a wide product portfolio in next-generation security intelligence, log management, network forensics, endpoint monitoring, and analytics solutions. The company's next-generation log management platform collects, stores the logs, analyzes the events, and performs faster threat detection by advanced visualizations. The LogRhythm platform provides various features, such as high-performance processing, faster indexing, flexible search interface, efficient data management, real-time high availability, and easy expansion. Effective organic growth strategy has put LogRhythm in a leading position in the log management market. For instance, in 2016, the company launched a new security intelligence and analytics platform, LogRhythm 7.2, which offered more efficient and powerful threat management capabilities.
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Rapid 7 offers a cloud-based log analysis software, that helps to manage log events and used to achieve regulatory compliances. The solution offers various functionalities like searching, visualizing, analyzing, and real time reporting of structured, semi-structured, and unstructured log data. In terms of User Interface (UI) the solution is less user-friendly. Furthermore, the solution offers only a single log based response at a time. The company launching new products to boost its portfolio in log management market. For instance, recently in 2017, Rapid7 launched two new solutions namely, InsightVM, for vulnerability management and InsightAppSec, for application security testing. These new offerings provided an effective vulnerability management, user behavior analytics, and IT log analytics to its customers. In 2016, it announced a launch of a new IT operation solution, InsightOps with the integration of endpoint visibility and log analytics capabilities to provide IT professionals with the continuous operational visibility. Furthermore, in 2015, Logentries (a part of Rapid7) enhanced its SIEM platform to provide a complete set of logging, auditing, and monitoring capabilities in an easy-to-use, affordable service to the enterprise.
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Logsene is a cost-effective log management and analytics tool, provided by Sematext, which helps users to access their logs in one place. It provides alerts for each generated query, can store queries as saved searches, displays log charts for saved searches at a glance, works with all standard logging facilities, and offers support for various programming languages and their logging libraries. Importantly, Logsene exposes the popular Elasticsearch API, lending itself to a wide range of integrations with data ingestion tools, as well as data visualization and BI tools, such as Kibana, Grafana, and Zoomdata. Logsene itself includes a fully integrated Kibana interface, thus enabling not only log search for DevOps teams, but also easy analytics, charts, dashboards, and report generation for businesses. The platform runs on AWS infrastructure and follows a number of compliance standards, such as SOC 1/SSAE, SOC 2, SOC 3, 16/ISAE 3402, FISMA, DIACAP, FedRAMP, and HIPAA. The company's Logagent is an advanced, open source, and lightweight log shipper platform, which offers secure transport and bulk indexing to Elasticsearch and Logsene. The platform is full of various comprehensive capabilities, such as easy installation, suitable for edge servers, IoT devices, sensors, built-in Elasticsearch, secure and reliable data transfer, and support for on-premises as well as cloud environment. The company focuses on continuous enhancement in its product portfolio to offer better security for the enterprise IT infrastructure. For instance, in 2016, it launched a new solution called Logagent, which identifies log formats automatically using the built-in pattern definition. It also created Sematext Docker Agent, which lets Sematext customers easily collect all their Docker operational intelligence with one easy-to-use tool. Sematext provides customer support in the form of various professional services. The powerful and flexible log management solutions provide in-depth and real-time visibility of events and logs.
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SolarWinds offers a comprehensive log analysis software and event manager platform that provides various features, such as fast compliance reporting, advanced search and forensic analysis, file integrity monitoring, and real-time event correlation. The platform identifies the malicious activities, defends against the sophisticated cyber threats, and improves the overall security concerns within the organizations. The company focuses on launching new products to boost the overall log management offerings. In 2015, it launched SolarWinds Database Performance Analyzer (DPA) 10.0. to help clients improve the performance of corporate, cloud, and SaaS applications. SolarWinds has a large customer base across various verticals. The company has a strong R&D cell that develops innovative solutions. It has highly connected distribution channels across the globe. However, the company has been witnessing a reduction in revenues across businesses, which in turn is affecting the total revenue.
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Splunk Inc. has been known for making one of the best log analysis software  that can help a different kind of businesses. The analysis is done in a drill-down way which provides minute details about the log, and ad-hoc searches can also be utilised. It is quite simple to use the platform, and along with it, the user will be able to know about specific things and follow the trends or check for anomalies in no time. 

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Veriato Log Manager is a comprehensive event and security log analysis software. It is formally called as SpectorSoft Log Manager, which provides powerful reporting and consolidation tools for log files. The platform delivers various powerful features, such as event logs, security events, consolidation, filtering, text log monitoring, alerts, actions, and automatic report generation. Launching innovative products is the strategy followed by the company to boost its set of offerings. Recently, in 2017, Veriato launched 2 solutions, namely, Veriato Recon and Veriato 360 to help organizations to easily detect and respond against advanced insider threats. In addition, it launched RansomSafe solution to better detect and protect the IT infrastructure from ransomwares. In 2015, the company unveiled a new Server and Application Monitoring (SAM) solution, which helped clients to manage and monitor mail, web, databases, and FTP servers. Veriato is one of the leading providers of cutting-edge technology solutions, offering the most comprehensive log manager portfolio. The company focuses on integrating its security platforms with its efficient security solutions to provide complete security solutions to its customers.
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