SIEM isn't dead, its place in the SOC is just evolving

Despite the predictions that SIEM is going away, its role is actually evolving. Learn why SIEM tools remain essential to enterprise security operations.

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• Jaikumar Vijayan

Predictions about the death of SIEM platforms have swirled for years, fueled by reports of alert fatigue, sky-high data costs and the shiny promises of extended detection and response (XDR), security data lakes and, now, agentic AI. Yet, two decades after they first emerged, SIEM technologies remain essential parts of security operations at many organizations.

CMI Consulting predicted that the SIEM market will grow from just over $7 billion in 2024 to nearly $18 billion in revenue by 2033, driven by increasing demand for threat detection and hunting capabilities and expanding regulatory requirements. Instead of going the way of the dinosaur, SIEM is undergoing a pivotal evolution, experts say. The question isn't whether the concept is obsolete, but ...