Cybersecurity in Finance Market to Witness Huge Growth by 2025 | IBM, Accenture, Airbus, AlienVault

A detailed study on 'Cybersecurity in Finance Market' formulated by Brandessence Market Research, puts together a concise analysis of the growth factors impacting the current business scenario across assorted regions. Significant information pertaining to the industry's size, share, application, and statistics are also summed in the report in order to present an ensemble prediction. In addition, this report undertakes an accurate competitive analysis illustrating the status of market majors in the projection timeline, while including their expansion strategies and portfolio. Some of the major and emerging players in the Global Cybersecurity in Finance market are Experian Information Solutions Inc., IBM Corporation, Accenture PLC., Airbus SE, AlienVault

Top competitors of Cybersecurity in Finance Market: Siemens Cybersecurity in Finance market are Experian Information Solutions Inc., IBM Corporation, Accenture PLC., Airbus SE, AlienVault

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The Players Profiled in the Report:
Experian Information Solutions Inc., IBM Corporation, Accenture PLC., Airbus SE, AlienVault

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.
The report includes the forecasts, Analysis and discussion of important industry trends, market size, market share estimates and profiles of the leading industry Players.

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.

Regional Analysis for Cybersecurity in Finance Market:
North America Country (United States, Canada), South America, Asia Country (China, Japan, India, Korea), Europe Country (Germany, UK, France, Italy), Other Country (Middle East, Africa, GCC)

The report size market by 5 major regions, known as, North America, Europe, Asia Pacific (includes Asia & Oceania separately), Middle East and Africa (MEA), and Latin America and further into 15+ country level break-up that includes China, the UK, Germany, United States, France, Japan, batch of Southeast Asian & Nordic countries.

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Chapter 1: Executive summary
1.1. Market scope and segmentation
1.2. Key questions answered
1.3. Executive summary

Chapter 2: Global cybersecurity in financial services market - overview
2.1. Global market overview - market trends, market attractiveness analysis, geography-wise market revenue (USD Bn)
2.2. Global - market drivers and challenges
2.3. Value chain analysis - cybersecurity in financial services market
2.4. Porter's Five Forces analysis
2.5. Market segmentation on the basis of end user industries (banking, insurance, stock brokerages, credit unions, investment funds, card and mobile payments, and governments)
2.5. a. Banking revenue - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
2.5. b. Insurance revenue - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
2.5. c. Stock brokerages revenue- Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
2.5. d. Credit unions revenue- Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
2.5. e. Investment funds revenue- Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
2.5. f. Card and mobile payments revenue- Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
2.5. g. Government revenue- Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
2.6. Market segmentation on the basis of solutions (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)
2.6. a. Revenue from mobile enterprise management - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
2.6. b. Revenue from endpoint security - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
2.6. c. Revenue from identity and access management (IAM)- Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
2.6. d. Revenue from mobile security - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
2.6. e. Revenue from security information and event management (SIEM) - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
2.6. f. Revenue from content security - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
2.6. g. Revenue from data loss prevention (DLP) - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
2.6. h. Revenue from datacenter security - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
2.6. i. Revenue from firewall - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations

Chapter 3: North America cybersecurity in financial services market - market overview
3.1. Market overview- market trends, market attractiveness analysis, geography wise market revenue (USD)
3.2. North America - market drivers and challenges
3.3. Market segmentation on the basis of end user industries (banking, insurance, stock brokerages, credit unions, investment funds, card and mobile payments and government)
3.3.a. Banking revenue - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
3.3. b. Insurance revenue - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
3.3. c. Stock brokerages revenue- Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
3.3. d. Credit unions revenue- Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
3.3. e. Investment funds revenue- Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
3.3. f. Card and mobile payments revenue- Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations

Full Report @ https://brandessenceresearch.biz/ICT-and-Media/Global-Cybersecurity-in-Financial-Services-Market-2018-to-2023

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