Press release
Global BFSI Security Market: Size, Trend, Share, Opportunity Analysis & Forecast, 2014-2025
Since the past decade, the electronic banking platform has been an efficient channel to remotely process banking transactions. These transactions are performed using web-based applications over the internet and can create security risk for the user as the data is exposed to hackers. With the increased cases of cyber-crime, the security of sensitive data such as personal banking details and confidential corporate information is at high risk, creating the demand for BFSI security solutions which have seen high traction in the past couple of years.Request Sample At: https://www.researchbeam.com/global-bfsi-security-size-trend-share-opportunity-analysis-and-forecast-2014-2025-market
Based on type, the market is divided into tangible security and information security; by solution type the market is sub-segmented into hardware, software, and services. The application segment for the BFSI security market is sub-segmented into risk management, security governance, data security, threat extenuation, video surveillance, access controls, identity management, malware protection, and others. Geographic breakdown and deep analysis of each of the aforesaid segments is included for North America, Europe, Asia-Pacific, and LAMEA.
Market Dynamics:
Drivers:
Increase in the number of cyber-attacks and frauds encourage the banking and financial organizations to deploy advanced cyber-security solutions, and propelling global market growth
Growth in demand for connected devices and digitization in the banking and financial sector
Restraints:
Lack of awareness among customers in understanding the complexity of modern security infrastructure
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Market Players:
The top players in the global BFSI security market include Cisco Systems, Inc., Computer Sciences Corporation, EMC Corporation, Honeywell International, Inc., IBM Corporation, Booz Allen Hamilton, Inc., MacAfee, Inc. (Intel Security Group), Sophos Group PLC., Symantec Corporation, and Trend Micro Incorporated.
KEY TAKEAWAYS
MARKET LANDSCAPE
By Type
Tangible Security
Information Security
By Solution
Hardware Components
Software
Services
By Application
Risk Management
Security Governance
Data Security
Threat Extenuation
Table of Contents:
1. Executive summary
1.1. Key findings
1.2. Market attractiveness and trend analysis
1.3. Competitive landscape and recent industry development analysis
2. Introduction
2.1. Report description
2.2. Scope and definitions
2.3. Research methodology
3. Market landscape
3.1. Growth drivers
3.1.1. Impact analysis
3.2. Restraints and challenges
3.2.1. Impact analysis
3.3. Porter’s analysis
3.3.1. Bargaining power of buyers
3.3.2. Bargaining power of suppliers
3.3.3. Threat of substitutes
3.3.4. Industry rivalry
3.3.5. Threat of new entrants
3.4. Global BFSI security market shares analysis, 2014-2025
3.4.1. Global BFSI security market shares by type, 2014-2025
3.4.2. Global BFSI security market shares by solution, 2014-2025
3.4.3. Global BFSI security market shares by application, 2014-2025
3.4.4. Global BFSI security market shares by geography, 2014-2025
4. Global BFSI security market by type
4.1. Tangible security
4.1.1. Historical market size by region, 2014-2016
4.1.2. Market forecast by region, 2017-2025
4.1.3. Information security
4.1.3.1. Historical market size by region, 2014-2016
4.1.3.2. Market forecast by region, 2017-2025
5. Global BFSI security market by solution
5.1. Hardware components
5.1.1. Historical market size by region, 2014-2016
5.1.2. Market forecast by region, 2017-2025
5.2. Software
5.2.1. Historical market size by region, 2014-2016
5.2.2. Market forecast by region, 2017-2025
5.3. Services
5.3.1. Historical market size by region, 2014-2016
5.3.2. Market forecast by region, 2017-2025
6. Global BFSI security market by application
6.1. Risk management
Table Of Contents:
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