Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client. The “Global BFSI Security Market” is mainly bifurcated into sub-segments which can provide classified data regarding the latest trends in the market.
According to Verified Market Research, The Global BFSI Security Market was valued at USD 30.54 billion in 2016 and is projected to reach USD 73.92 billion by 2025, growing at a CAGR of 10.32% from 2017 to 2025.
Banking transactions which are able to be performed over an internet network possess the risk of exposing the client’s sensitive information. The BFSI or banking financial and insurance industry was initiated in order to tackle these continuous threats of cybersecurity breaches. The implementation of this system has been extremely effective as it has created a more trustworthy platform on which clients can ensure that their data is not being manipulated or stolen.
With the increasing implementation of cloud-based systems in the information technology sector, there is an ever-increasing risk for data loss. These factors, in addition to the utilization of security solutions based on the Internet of Things, are factors that are driving the BFSI market. Factors that are restraining this market is the lack of awareness among the clientele as well as the large operational budget.
The key players are as follows:
Computer Sciences Corporation, Cisco Systems, EMC Corporation, Trend Micro Incorporated, Microsoft Corporation, Symantec Corporation, IBM Corporation, Mcafee, Inc, Booz Allen Hamilton, Inc, and Sophos Group PLC.
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Key players of the global BFSI Security market are profiled on the basis of various factors, which include recent developments, business strategies, financial strength, weaknesses, and main business. The BFSI Security report offers a special assessment of top strategic moves of leading players such as merger and acquisition, collaboration, new product launch, and partnership.
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Regional Segments Analysis:
The Middle East and Africa (GCC Countries and Egypt.)
North America (the United States, Mexico, and Canada.)
South America (Brazil etc.)
Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia.)
Full Browse the report description and TOC:
Highlights of TOC:
Market Overview: It starts with product overview and scope of the global BFSI Security market and later gives consumption and production growth rate comparisons by application and product respectively. It also includes a glimpse of the regional study and BFSI Security market size analysis for the review period.
Company Profiles: Each company profiled in the report is assessed for its market growth keeping in view vital factors such as price; BFSI Security market gross margin, revenue, production, markets served, main business, product specifications, applications, and introduction, areas served, and production sites.
Manufacturing Cost Analysis: It includes industrial chain analysis, manufacturing process analysis, the proportion of manufacturing cost structure, and the analysis of key raw materials.
Market Dynamics: Readers are provided with a comprehensive analysis of BFSI Security market challenges, influence factors, drivers, opportunities, and trends.
Market Forecast: Here, the BFSI Security report provides consumption forecast by application, price, revenue, and production forecast by product, consumption forecast by region, production forecast by region, and production and revenue forecast.
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