BFSI Security (Physical and Cyber) Market Poised to $37.35 Billion & to grow at a CAGR of 11.6% by 2019 - New Report by MarketsandMarkets

Share Article

The BFSI security market research report provides an in-depth analysis of the market across physical security systems & services, information security solutions & services, and regions.(http://www.marketsandmarkets.com/Market-Reports/bfsi-security-market-258880344.html)

MarketsandMarkets

MarketsandMarkets

The major Key players in BFSI security Market are Booz Allen Hamilton, Cisco, CSC, EMC, Honeywell, IBM, McAfee, Sophos, Symantec, Trend Micro, and many more.

The research report "BFSI Security Market by Physical Security (Video Surveillance, Access Control, Intrusion Detection, PSIM), & by Cyber Security (IAM, Encryption, DLP, IDS/IPS, UTM, SVM/SIEM, Antivirus/Antimalware) - Worldwide Forecasts & Analysis (2014 - 2019)", defines the global market on the basis of physical security systems and services, information security solutions and services along with, revenue forecasts, market drivers & restraints, future opportunities.

Browse 84 market data tables and 45 figures spread through 171 pages and in-depth TOC on "BFSI Security Market - Forecasts and Analysis (2014 - 2019)"
http://www.marketsandmarkets.com/Market-Reports/bfsi-security-market-258880344.html

Early buyers will receive 10% customization on this report.

Inquire before buying: http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=258880344

In recent times, the BFSI sector has experienced major transformations in terms of mergers and acquisitions, and advanced information technology adoption. Services such as Internet banking, ATMs, mobile banking and retail banking have been introduced to cater the customer demands including easy access to the accounts and streamlining the transaction channels. Moreover, financial institutions are also aiming to reduce paper work, placing standardized electronic processes and building trust amongst customers; they are also bringing huge investments in information technology to meet the aforementioned goals. With this, advanced physical risks and cyber threats continue to prevail worldwide and are responsible for causing huge monetary losses to the banks, insurance companies, and other financial institutions. Furthermore, the continuous attacks on the confidential business information, intellectual property, and physical assets along with robbery crimes for money and financial data are increasing with new business trends in the form of enterprise mobility and Internet of Things (IOT).

The latest change in working environment across the BFSI industry is raising a lot of concerns for privacy and risk mitigation thereafter enhancing the need for strict government mandates for security solutions deployment. Strict security policy frameworks have been established by regulatory bodies including various acts in the form of Gramm-Leach-Bliley Act (GLBA), Health Insurance Portability and Accountability Act (HIPAA), Personal Information Protection and Electronics Document Act (PIPEDA), Payment Card Industry Data Security Standard (PCI-DSS), and Sarbanes-Oxley (SOX) among others.

Speak to Analyst: http://www.marketsandmarkets.com/speaktoanalyst.asp?id=258880344

MarketsandMarkets considers companies such as Booz Allen Hamilton, Cisco, CSC, EMC, Honeywell, IBM, McAfee, Sophos, Symantec, and Trend Micro to be key players in the BFSI security market. The security solution vendors are monitoring the latest operational trends of the industry and are extensively promoting research and development of advance security technologies.

MarketsandMarkets forecasts that the global BFSI Security Market is expected to grow from $21.53 billion in 2014 to $37.35 billion by 2019. This represents an estimated Compound Annual Growth Rate (CAGR) of 11.6% from 2014 to 2019. The North American market has already seen the deployment of BFSI security solutions due to the rapid implementation of advanced technological services in the industry.

In the near future, MarketsandMarkets expects the market for BFSI security to rise in emerging economies of Asia-Pacific (APAC) and Middle East and Africa (MEA) due to continual growth in the adoption of IP-based video surveillance, authentication, and biometrics. MarketsandMarkets expects North America (NA) to retain its position as the highest revenue generator for BFSI security market, while significant revenue growth is expected from APAC and MEA region.

Purchase Report @ http://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=258880344

Browse Related Reports

Cyber Security Market (IAM, Encryption, DLP, Risk and Compliance Management, IDS/IPS, UTM, Firewall, Antivirus/Antimalware, SVM/SIEM, Disaster Recovery, DDoS Mitigation, Web Filtering, Security Services) - Global Advancements, Forecasts & Analysis (2014 - 2019)
http://www.marketsandmarkets.com/Market-Reports/cyber-security-market-505.html

Physical Security Market by System and Services (Access Control, IP Video Surveillance Management Software, Locks, PSIM, Perimeter Intrusion Detection, System Integration, and Designing and Consulting) - Worldwide Forecast & Analysis (2014 - 2019)
http://www.marketsandmarkets.com/Market-Reports/physical-security-market-1014.html

About MarketsandMarkets

MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
North - Dominion Plaza,
17304 Preston Road,
Suite 800, Dallas, TX 75252
Tel: +1-888-600-6441
Email: sales(at)marketsandmarkets(dot)com
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/telecom-it
Telecom and IT Market Research Reports @ http://www.marketsandmarkets.com/telecom-and-IT-market-research-113.html

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Mr. Rohan
@marketsmarkets
since: 04/2009
Follow >
Market Research Report
since: 12/2010
Like >
Follow us on
Visit website