Global BFSI Security Market Research Report by Forecast to 2022

Global BFSI Security Market Research Report by Forecast to 2022

Global BFSI Security Market Research Report by Forecast to 2022

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Global BFSI Security Market Research Report by Forecast to 2022

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SAMPLE REPORTS

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Global BFSI Security Market Research Report by Forecast to 2022

Summary

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Global BFSI Security Market Research Report by Forecast to 2022 Banking, financial services, insurance (BFSI) Security is now a must for the growing world economy.

Reports of Market Research Future (MRFR) suggests that the global market is expected to reach around USD 71 Bn during the forecasted period (2016-2022) growing at a CAGR of 14%. BFSI serves as the foundation for various financial exchanges that take place in diverse sectors and is now an integral part of national infrastructure systems. Hence, the need for the maximum security against possible online or offline theft.

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Global BFSI Security Market Research Report by Forecast to 2022

Major Key Players: •

Cisco Systems, Inc. (U.S.)

•

Honeywell International, Inc. (U.S.)

•

McAfee, Inc. (U.S.)

•

Symantec Corporation (U.S.)

•

IBM Corporation (U.S.)

•

Dell EMC (U.S.)

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Axis Communications (Sweden)

•

Bosch Security Systems (Germany)

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Booz Allen Hamilton Inc. (U.S.)

•

Hewlett Packard Enterprise (U.S.)

Segmentation: The BFSI Security market has been segmented on the basis of type and vertical.

Based on type, there are two sub-categories - physical security and virtual security. Physical security includes access control, video surveillance, intrusion and fire detection, physical security information management (PSIM), system integration, and various other methods. Physical BFSI security is expected to hold the most significant share within the forecast period. Virtual security deals with encryption, firewall, IDS/IPS, web filtering, data loss protection among others.

Regional Analysis:

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Global BFSI Security Market Research Report by Forecast to 2022 Region-wise segmentation results in three prominent groups; North America, Europe, Asia Pacific, and Rest-of-the-World (RoW). North America leads the BFSI security market. The last two decades have seen North America getting riddled by various cyber-attacks and as a counter mechanism, they have launched extensive security measures. Presence of global players in the U.S. gives North America a competitive advantage.

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Global BFSI Security Market Research Report by Forecast to 2022 Europe holds the second position in the market closely followed by the Asia Pacific. The fast growth-rate

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Global BFSI Security Market Research Report by Forecast to 2022

have made countries, such as Japan, China, Singapore and the UAE easy targets P a g e |8

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