BFSI Security Market High Tech Industry Analysis, Industry Overview, Business Trends, Regional Study Key Players Forecast 2022

Market Overview

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.

Key Players

Major global BFSI security providers are now investing the lion's share of their revenues in exploring newer possibilities to counter the rising cyber threats. Global players, such as 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.), Axis Communications (Sweden), Bosch Security Systems (Germany), Booz Allen Hamilton Inc. (U.S.), Hewlett Packard Enterprise (U.S.) among others, are doing what is necessary to curb cyber malpractices.

For More Information @ https://www.marketresearchfuture.com/reports/bfsi-security-market-1810

Market Segmentation

GLOBAL BFSI SECURITY MARKET, COMPETITIVE LANDSCAPE

·         KEY STRATEGIES AND DEVELOPMENTS

·         PORTER’S FIVE FORCES ANALYSIS

GLOBAL BFSI SECURITY MARKET, ESTIMATION & FORECAST, BY TYPE

·         PHYSICAL SECURITY

·         VIRTUAL SECURITY

 

Regional Insights

The regional segmentation creates three distinct groups. North America, Europe, Asia Pacific and other countries (RoW). North America leads the BFSIsecurity market. Over the past two decades, North America has seen a wide variety of cyber attacks, and has launched a wide range of security measures as a mechanism to respond. The presence of global players in the US gives North America a competitive advantage. Europe ranks second in the market after Asia Pacific. Due to the rapid growth rate, countries such as Japan, China, Singapore and UAE have become targets for online hackers, as a result of which the demand for advanced security systems has increased and revenues have increased during the forecast period.

Company name: Market Research Future

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

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