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

The "Cybersecurity in Financial Services - Market Analysis, Trends, and Forecasts 2014-2025 " Study has been added to HTF MI offering. The study focus on both qualitative as well as quantitative side and follows Industry benchmark and NAICS standards to built coverage of players for final compilation of study. Some of the major and emerging players profiled are Experian Information Solutions Inc., IBM Corporation, Accenture PLC., Airbus SE, AlienVault, Inc., etc.

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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 HTF MI, 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.

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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.

While global mega trends influencing the market routing the primary direction of growth, regional markets are swayed by more granular locally unique market drivers. The market study is sized with regional and country level break for historical and forecast period by revenue and volume and price analysis, stay tuned with the latest updates from the research insights – know more which territory is stealing market share gains in coming years.
Major Geographies Covered: North America, Europe, Asia-Pacific etc etc.

***Sub Regions Included: North America [United States, Canada, Mexico], Asia-Pacific [China, India, Japan, South Korea, Australia, Indonesia, Malaysia, Philippines, Thailand, Vietnam], Europe [Germany, France, UK, Italy, Russia, Rest of Europe], South America [Brazil, Argentina, Rest of South America], Middle East & Africa [GCC Countries, Turkey, Egypt, South Africa, Rest of Middle East & Africa]

*** Unless until specified in Original TOC of Global Cybersecurity in Financial Services Market Study

To know more about the table of contents, you can click @ https://www.htfmarketreport.com/reports/1304748-global-cybersecurity-in-financial-services-market

All viewpoints in the report are based on iterative validation by engaging influencer, experts of the market, whose opinions supersede all other research methodologies. Both primary and secondary approach are used and detailed product portfolio / service offering were analysed and have been presented in a separate chapter of competitive landscape along with company profile. Some of the competitors identified in the Global Cybersecurity in Financial Services Market study include Experian Information Solutions Inc., IBM Corporation, Accenture PLC., Airbus SE, AlienVault, Inc., etc.

Detailed Insights on Market Concentration Rate
 CR4, CR8 and HHI Index Analysis of Overall Market
 Comparative Market Share Analysis (Y-o-Y)
 Major Companies
 Emerging Players – Heat Map Analysis

Research Objectives
• The primary objective is to underline the competitive structure of Global Cybersecurity in Financial Services Industry.
• The research includes study of several small to medium-sized companies that compete with each other and large enterprises.
• To analyse the competitive developments, such as new product launch and merger & acquisition, in the Global Cybersecurity in Financial Services market
• Insights on Regulatory & Economic policies by geography giving ease to Market entry.
• What product features & benefits offered by Industry players studied and broken down by diverse group of customer class.

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