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A detailed qualitative analysis of the factors responsible for driving and restraining growth of the BFSI Security Market by Information Security (IAM, Encryption, Disaster Recovery, UTM, Firewall, Security and Vulnerability Management, IDS/IPS, Data Loss Protection, Antivirus & Antimalware) & Physical Security - Global Forecast to 20211 Industry Market and future opportunities are provided in the report.
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Global BFSI Security Market Forecast & Future Industry Trends
1. BFSI Security Market by Information Security &
Physical Security - Global Forecast to 2021
“BFSI Security Market by Information Security (IAM, Encryption, Disaster
Recovery, UTM, Firewall, Security and Vulnerability Management, IDS/IPS,
Data Loss Protection, Antivirus & Antimalware) & Physical Security - Global
Forecast to 2021”
Published on – 01 September, 2016 | Number of pages : N/A
Single User Price: $7150
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The BFSI security market is estimated to grow from USD 30.23 Billion in
2016 to USD 48.95 Billion by 2021, at a CAGR of 10.1% from 2016 to 2021.
2. Key drivers of this market include the implementation of regulatory security
compliance, rising demand for cloud-based security solutions, and the
increasing risk of cyber threats against BFSI infrastructure. This report
analyzes opportunities in the BFSI security market for stakeholders. It also
provides strategic profiles of the key players in the market to
comprehensively analyze the core competencies and draw competitive
landscape for the market.
Objectives of the Study:
The main objective of this report is to define and measure the global
banking, financial services, and insurance (BFSI) security market on the basis
of security type, subvertical, and region. The report provides detailed
information regarding the major factors influencing the growth of the market
(drivers, restraints, opportunities, and industry-specific challenges).
3. It aims to strategically analyze subsegments with respect to individual growth trends,
future prospects, and contribution to the total market. It also attempts to forecast
the market size with respect to five main regions, namely, North America, Europe,
Asia-Pacific, Middle East & Africa, and Latin America. It also tracks and analyzes
competitive developments, such as mergers and acquisitions, new product
developments, and research and development (R&D) activities in the market.
The research methodology used to estimate and forecast the BFSI security market
began with capturing data on key vendors’ revenues through secondary research.
This was done by referring to annual reports, press releases and investor
presentations of companies, white papers, certified publications, articles from
recognized associations, and government publishing sources. Insights obtained from
key personnel of major players operational in the market were also taken into
consideration to determine the market segmentation. The bottom-up procedure was
employed to arrive at the overall market size of the market from the revenue of the
key market players.
4. After arriving at the overall market size, the total market was split into several
segments and subsegments. These were then verified through primary
research by conducting extensive interviews with key people, such as CEOs,
vice presidents, marketing directors, technology and innovation directors,
and related key executives from various companies and organizations
providing BFSI security solutions and services. The data triangulation and
market breakdown procedures were employed to complete the overall
market engineering process and to arrive at the exact statistics for all
segments and subsegments.
5. Key players:
Key players operational in the BFSI security market include Cisco Systems,
Inc. (U.S.), Computer Sciences Corporation (CSC) (U.S.), EMC Corporation
(U.S.), Honeywell International, Inc. (U.S.), IBM Corporation (U.S.), Booz Allen
Hamilton, Inc. (U.S.), McAfee, Inc. (Intel Security Group) (U.S.), Sophos Group
Plc. (U.S.), Symantec Corporation (U.S.) and Trend Micro Incorporated (U.S.).
Other stakeholders of the market include application design and software
developers, IT director/consultants, chief compliance officers, cloud service
providers system integrators, universities, entertainment broadcasters, sports
clubs, research & development centers, music industry, technology
consultants, communication services providers, market research and
consulting firms.
6. IT Service Providers and Distributors
Cyber Security Vendors
BFSI Security Vendors
Value Added Resellers
Government Bodies and Departments
Cloud Service Providers
System Integrators
Technology Consultants
Key Target Audience:
Avail more information from Sample
Brochure of report
“This study answers several questions for the stakeholders, primarily which
market segments to focus in the next two to five years for prioritizing efforts
and investments”.
7. Scope of the Report
The research report categorizes the BFSI security market to forecast the
revenues and analyze the trends in each of the following subsegments:
By Type
Information Security
Physical Security
By Information Security
System & Components
Service
By Subvertical
Banking
Insurance
Other Financial Institutions
By Physical Security
System & Components
Service
8. By Region:
North America
Europe
Middle East & Africa
Asia-Pacific
Latin America
Available Customizations
With the given market data, Publisher offers customizations as per the
company’s specific needs. The following customization options are available
for the report:
Product Analysis
9. Geographic Analysis
Further breakdown of the Europe IoT telecom services market
Further breakdown of the APAC market
Company Information
Detailed analysis and profiling of additional market players
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10. BFSI Security Market by Information Security & Physical
Security - Global Forecast to 2021
A detailed qualitative analysis of the factors responsible for driving and restraining
growth of BFSI Security Market by Information Security (IAM, Encryption, Disaster
Recovery, UTM, Firewall, Security and Vulnerability Management, IDS/IPS, Data Loss
Protection, Antivirus & Antimalware) & Physical Security - Global Forecast to 2021 and
future opportunities are provided in the report.
Contact:
1-302-261-5343
pr@marketintelreports.com
www.marketintelreports.com
Click here to order a copy of BFSI
Security Market Report