openPR Logo
Press release

Global Cybersecurity in Financial Services Market with Strategic Trends Growth And Revenue | Top Key Players - Experian Information Solutions Inc., IBM Corporation, Accenture PLC., Airbus SE, AlienVault, Inc., etc.

12-05-2018 08:08 PM CET | IT, New Media & Software

Press release from: Big Market Research

Global Cybersecurity in Financial Services Market with

Global Cybersecurity in Financial Services Market :

Cybersecurity involves a set of techniques that are designed to protect the integrity of networks, programs, and data, from unauthorized access, cyberattacks, and damages. Of late, cyberattacks in the financial services sector have increased manifold. Cyberattacks against financial services firms increased by over 70% in 2017, which reflects that the financial services sector is currently vulnerable to such attacks. In the future, adoption of effective cyber security techniques will become a necessity to reduce the risk of cyberattacks and illegal use of systems, networks and technologies. According to Netscribes, the global cybersecurity in financial services market is expected to expand at a CAGR of 9.81%, leading to a global revenue of USD 42.66 Bn by 2023.

Copy of Sample Report @ https://www.bigmarketresearch.com/request-sample/2665856?utm_source=op&utm_medium=Srbh

Cyberattacks and data breaches in financial services firms are more common than in any other industry. In 2017, a data breach at Equifax created a turmoil in the global markets, since more than 143 Mn consumers were affected by that. Also, incidents like the WannaCry and Petya ransomware in 2017, which badly affected Russian and Ukrainian banks, further exposed the world to direct financial threats posed by cyberattacks. These incidents highlight the urgent need for stringent cybersecurity in financial firms.
Based on end user industries, the market is segmented into banking, insurance, stock brokerages, credit unions, investment funds, card and mobile payments, and governments. Among these segments, the card and mobile payments segment is expected to register a high growth rate through the forecast period of 2018-2023. Given that card and mobile payments are being adopted swiftly as a mode of cashless transactions, the risk of cyberattacks increases due to the critical nature of the financial data transmitted in each payment

By solutions and services, the global cybersecurity in financial services market is categorised into mobile enterprise management, endpoint security, identity and access management (IAM), mobile security, security information and event management (SIEM), content security, data loss prevention (DLP), datacenter security, and firewall. The mobile enterprise management solution segment is expected to have the highest growth rate owing to its wide adoption in contactless payment systems within various industries.
By regions, the market is segmented into North America, Europe, Asia-Pacific, Latin America and the Middle East and Africa. Asia-Pacific is projecte d to grow with the highest CAGR through the forecast period of 2018-2023.

KEY GROWTH FACTORS :

Incidents of data breaches are on the rise, thereby having an impact on the digitization of financial services like cashless payments via cards and mobiles. Hackers are finding this sector extremely vulnerable to prey upon. Thus, the threat of cyberattacks on the financial services sector is increasing and consultants are increasingly looking into ways to reduce such cyber risks. This is a major driver for the adoption of cybersecurity in the financial services sector.

In 2016, financial services customers suffered over 60% more cyberattacks than customers in any other sector. This increase in the number and scope of attacks on the financial sector is necessitating governmental actions and policies to curb it. Federal laws like National Cybersecurity Protection Advancement Act, Cybersecurity Information Sharing Act (CISA), etc. are helping accelerate the adoption of cybersecurity in the financial sector.

Get Purchase Discount @ https://www.bigmarketresearch.com/request-for-discount/2665856?utm_source=op&utm_medium=Srbh

THREATS AND KEY PLAYERS

Although cybersecurity in financial services market is expected to have positive growth globally, lack of adequate funds may act as a hindrance to the growth of the market. Buyers are allocating exorbitant budgets to tackle cyberattacks but the nature of the crimes is evolving every passing day. Spending on new types of cybersecurity tools and services for companies is a major problem for the financial sector and may hinder the growth of the market.

THIS REPORT FOCUSES ON THE TOP MANUFACTURERS IN GLOBAL MARKET ARE GIVEN BELOW : Experian Information Solutions Inc., IBM Corporation, Accenture PLC., Airbus SE, AlienVault, Inc., etc.

WHATS COVERED IN THE REPORT?

1. Overview of the global cybersecurity in financial services market
2. Market drivers and challenges in the global cybersecurity in financial services market
3. Market trends in the global cybersecurity in financial services market
4. Historical, current and forecasted market size data for the end user segment (banking, insurance, stock brokerages, credit unions, investment funds, card and mobile payments and governments) by revenue (USD Bn)
5. Historical, current and forecasted market size data for the solutions segment {mobile enterprise management, endpoint security, identity and access management (IAM), mobile security, security information and event management (SIEM), content security, data loss prevention (DLP), datacenter security and firewall} by revenue (USD Bn)
6. Historical, current and forecasted regional (North America, Europe, Asia-Pacific, Latin America, The Middle East and Africa) market size data for the global cybersecurity in financial services market by revenue (USD Bn)
7. Historical, current and forecasted market size data for region-wise global cybersecurity in financial services market segments by revenue (USD Bn)
8. Analysis of the competitive landscape and profiles of major companies operating in the market

Do Purchase Inquiry @ https://www.bigmarketresearch.com/purchase-enquiry/2665856?utm_source=op&utm_medium=Srbh

WHY BUY?
o Understand the demand for cybersecurity in financial services to determine the viability of operating in the market
o Identify the developed and emerging markets where cybersecurity services and solutions are provided
o Identify the challenge areas and address them
o Develop strategies based on the drivers, trends and highlights for each of the segments
o Evaluate the value chain to determine the workflow to get an idea of your current position
o Recognize the key competitors of this market and respond accordingly
o Knowledge of the initiatives and growth strategies taken up by the major companies and decide on the direction for further growth
o Define the competitive positioning by comparing the products and services with the key players in the market

About Us:

Big Market Research has a range of research reports from various publishers across the world. Our database of reports of various market categories and sub-categories would help you find the exact report you may be looking for. We are instrumental in providing quantitative and qualitative insights on your area of interest by bringing reports from various publishers at one place to save your time and money. A lot of organizations across the world are gaining profits and great benefits from information gained through reports sourced by us.

Contact:

5933 NE Win Sivers Drive,
#205, Portland, OR 97220 United States
call answer Direct:+1-971-202-1575
call answer Toll Free:+1-800-910-6452
email help@bigmarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Cybersecurity in Financial Services Market with Strategic Trends Growth And Revenue | Top Key Players - Experian Information Solutions Inc., IBM Corporation, Accenture PLC., Airbus SE, AlienVault, Inc., etc. here

News-ID: 1420174 • Views:

More Releases from Big Market Research

Micro Drone Market to Witness a Pronounce Growth during 2025
Micro Drone Market to Witness a Pronounce Growth during 2025
The Global Micro Drone Market report is one of the most comprehensive and important data about business strategies, qualitative and quantitative analysis of the Global Market. Micro Drone Market research report offers extensive research and analysis of key aspects of the global Micro Drone market. The report provides brief summary and detailed insights into the market by collecting data from the industry experts and several prevalent in the market. Besides
Lancing Device Market VALUATION TO BOOM THROUGH 2025
Lancing Device Market VALUATION TO BOOM THROUGH 2025
The Global Lancing Device Market report is one of the most comprehensive and important data about business strategies, qualitative and quantitative analysis of the Global Market. Lancing Device Market research report offers extensive research and analysis of key aspects of the global Lancing Device market. The report provides brief summary and detailed insights into the market by collecting data from the industry experts and several prevalent in the market. Besides
VET Diagnostic Market Insights, Technology Advancements and Forecast 2025
VET Diagnostic Market Insights, Technology Advancements and Forecast 2025
The Global VET Diagnostic Market report is one of the most comprehensive and important data about business strategies, qualitative and quantitative analysis of the Global Market. VET Diagnostic Market research report offers extensive research and analysis of key aspects of the global VET Diagnostic market. The report provides brief summary and detailed insights into the market by collecting data from the industry experts and several prevalent in the market. Besides
Application Modernization Tools Market to Witness a Pronounce Growth during 2025
Application Modernization Tools Market to Witness a Pronounce Growth during 2025
The Global Application Modernization Tools Market report is one of the most comprehensive and important data about business strategies, qualitative and quantitative analysis of the Global Market. Application Modernization Tools Market research report offers extensive research and analysis of key aspects of the global Application Modernization Tools market. The report provides brief summary and detailed insights into the market by collecting data from the industry experts and several prevalent in

All 5 Releases


More Releases for Cybersecurity

Healthcare Cybersecurity Market Size
According to a new market research report published by Global Market Estimates, the Global Healthcare Cybersecurity Market is projected to grow at a CAGR value of 18.5% from 2022 to 2027. The healthcare cybersecurity market is expected to grow rapidly due to factors such as the increasing demand for data security systems for medical and personal information, rising cases of cyberattacks on the healthcare data sets, growing demand and usage
Cybersecurity Market
The latest research analysis by the Astute Analytica revolves around the state of the global Cybersecurity Market during the forecast period. The report involves some crucial factors, making it a qualitative choice for the readers. Click here to get a sample copy of the short-term and long-term impact of COVID-19 on this Market. Please visit: https://www.astuteanalytica.com/request-sample/cybersecurity-market Global Cybersecurity Market is expected to grow with a compound annual growth rate (CAGR) of 13.40% during
Cybersecurity in Insurance Market Report- Size and Growth Forecasts | Leading cy …
The Cybersecurity in Insurance Market research report also enables us to understand the market’s competitive landscape and new product development, expansion, and acquisition. In addition, Cybersecurity in Insurance Market also provides information about leading market players, their mergers & acquisitions, market share, recent developments, etc. Get FREE PDF Sample of the Report @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=4028156 As cybercriminals become smarter and their methods more difficult to detect, insurers must take cybersecurity more seriously
Global Cybersecurity Market (2017-2022)
The global cybersecurity market is expected to witness high adoption, owing to rapid digitalization, higher spending on information security, and the advent of 5G. Various industrial and commercial sectors are implementing cybersecurity solutions to safeguard their data. The market is anticipated to expand at a compound annual growth rate (CAGR) of 11.6% during the period of 2017 to 2022. Request for Sample with TOC@ https://www.researchtrades.com/request-sample/1734168 Solution segment insights: Governance, risk and compliance solutions
Global Cybersecurity Market (2018-2023)
Market Research Report Store offers a latest published report on Cybersecurity Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. This report focuses on the key global Cybersecurity players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.To analyze the Cybersecurity with respect to individual growth trends, future
Cybersecurity in Tourism-Thematic Research
Analytical Research Cognizance delivers key insights on the global Cybersecurity in Tourism Market in a new report titled “Cybersecurity in Tourism-Thematic Research” In this report, ARCognizance sheds light on the various factors and trends impacting market growth over the forecast period (2018 – 2023) The Global Tourism Industry is preparing to ride the digital wave - contextualizing and implementing new technologies such as cloud, mobility, big data, and analytics, and the