Banking, Financial Services & Insurance

Global BFSI Security Market 2016-2020

  • TEC442982
  • 83 Pages
  • March 2016
  • Banking, Financial Services & Insurance
About BFSI Security

Cyber security solutions help organizations maintain data confidentiality by monitoring, detecting, reporting, and countering cyber threats. These solutions can be deployed as on-premises, cloud-based, or hybrid models. Cyber threats are web-based threats that include identity and data theft. These cyber threats disrupt IT systems and hack critical information by using malware or spyware or by phishing. Given the increase in global internet use, the adoption of cyber security solutions will grow. In addition, the use of wireless networks for mobile devices like smartphones, tablets, and laptops has made their IT systems vulnerable to cyber attacks. IT systems have become more vulnerable to cyber attacks with the adoption of cloud-based services and emergence of IoT.

Technavios analysts forecast the global BFSI security market to grow at a CAGR of 13.39% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global BFSI security market for the period 2016-2020. To calculate the market size, the report considers the revenues generated from the sale of physical and cyber security solutions adopted in the BFSI sector, which includes the following:
Physical security components
Cyber security software suites
Identity and access management (IAM) services

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global BFSI Security Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Top offerings for physical security
Axis Communications
Bosch Security Systems
Honeywell Security

Top offerings for cyber security
IBM
McAfee
Symantec

Other prominent vendors
Arecont Vision
Assa Abloy
Avigilon
AxxonSoft
Check Point Software Technologies
CNL Software
Crewe Fox
CSC
EMC
Experian
F-Secure
Fortinet
Genetec
H3C Technologies
Hewlett-Packard Enterprise
Juniper Networks
Kaspersky Lab
March Networks
MOBOTIX
Panasonic
Qognify
Safran
Salient Systems
Samsung Techwin
Skybox Security
Sophos
ThreatMetrix
Tyco
Verint Systems
videoNEXT
VidSys

Market driver
Adoption of cloud-based services
For a full, detailed list, view our report

Market challenge
Issues with integration
For a full, detailed list, view our report

Market trend
Growing adoption of IP-based video surveillance solutions
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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