BFSI Security Market Next Big Thing | Major Giants: Cisco Systems, Computer Sciences Corporation, EMC Corporation
Research Reports
Jun 04, 2021
A Latest intelligence report published by AMA Research with title “BFSI Security Market Outlook to 2026”. A detailed study accumulated to offer Latest insights about acute features of the Global BFSI Security market. This report provides a detailed overview of key factors in the BFSI Security Market and factors such as driver, restraint, past and current trends, regulatory scenarios and technology development. A thorough analysis of these factors including economic slowdown, local & global reforms and COVID-19 Impact has been conducted to determine future growth prospects in the global market.
Definition:
BFSI Security (Banking, financial services, and insurance) provides the basic security foundation for many financial exchanges and other sectors. It has become an important part of any sectors which comes under the BFSI sector. It helps in protecting data from getting hacked or breached, moreover, it is an essential component for overall national critical infrastructure. BFSI security operates in a very highly regulated environment. In various cases, security incidents occur because of cyber data breaches causing severe damage to these sectors. Hence, BFSI security is needed to ensure the long term visibility of banking and financial organizations and their data.
Major Players in This Report Include,
Cisco Systems, Inc. (United States), Computer Sciences Corporation (CSC) (United States), EMC Corporation (United States), Honeywell International, Inc. (United States), IBM Corporation (United States), Booz Allen Hamilton, Inc. (United States), McAfee, Inc. (Intel Security Group) (United States), Sophos Group Plc. (United States), Symantec Corporation (United States), Trend Micro Incorporated (United States),
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Market Trends:
Rise In Adoption of Cloud-Based Security Solutions
Market Drivers:
The Rise in Thefts at ATM & POS Terminals and Frauds in the Bank Branch
Increasing Modes of Online Payments Globally
Implementation of Regulatory Standards and Acts
Increasing Risk of Data Loss in BFSI Sectors
Market Opportunities:
Growth of Security Solutions Based On Internet of Things (IoT) Across World
Stringent Government Regulations to Support the BFSI Security
The Global BFSI Security Market segments and Market Data Break Down are illuminated below:
by Type (Information Security, Physical Security (Access Control, Intrusion, and Fire Detection)), Application (Banking, Insurance Companies, Other Financial Institutions), Information Security Solution (Identity & Access Management, Risk & Compliance Management, Encryption, Disaster Recovery, Unified Threat Management (UTM), Firewall, Others), Deployment Type (Cloud, On-premises), Information Security Services (Consulting, Design & Integration, Risk & Threat Assessment, Managed Security Services, Training & Education)
BFSI Security the manufacturing cost structure analysis of the market is based on the core chain structure, engineering process, raw materials and suppliers. The manufacturing plant has been developed for market needs and new technology development. In addition, BFSI Security Market attractiveness according to country, end-user, and other measures is also provided, permitting the reader to gauge the most useful or commercial areas for investments. The study also provides special chapter designed (qualitative) to highlights issues faced by industry players in their production cycle and supply chain. However overall estimates and sizing, various tables and graphs presented in the study gives and impression how big is the impact of COVID.
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Geographically World BFSI Security markets can be classified as North America, Europe, Asia Pacific (APAC), Middle East and Africa and Latin America. North America has gained a leading position in the global market and is expected to remain in place for years to come. The growing demand for BFSI Security markets will drive growth in the North American market over the next few years.
In the last section of the report, the companies responsible for increasing the sales in the BFSI Security Market have been presented. These companies have been analyzed in terms of their manufacturing base, basic information, and competitors. In addition, the application and product type introduced by each of these companies also form a key part of this section of the report. The recent enhancements that took place in the global market and their influence on the future growth of the market have also been presented through this study.
Report Highlights:
- Comprehensive overview of parent market& substitute market
- Changing market dynamics in the industry (COVID & Economic Impact Analysis)
- In-depth market segmentation (Trends, Growth with Historical & Forecast Analysis)
- Recent industry trends and development activity
- Competitive landscape (Heat Map Analysis for Emerging Players & Market Share Analysis for Major Players along with detailed Profiles)
Strategic Points Covered in Table of Content of BFSI Security Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Global BFSI Security market
Chapter 2: Exclusive Summary – the basic information of the Global BFSI Security Market.
Chapter 3: Changing Impact on Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Global BFSI Security; Post COVID Analysis
Chapter 4: Presenting the Global BFSI Security Market Factor Analysis, Post COVID Impact Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2014-2019
Chapter 6: Evaluating the leading manufacturers of the Global BFSI Security market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2020-2025)
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Key questions answered
- Who are the Leading key players and what are their Key Business plans in the BFSI Security market?
- What are the key concerns of the five forces analysis of the BFSI Security market?
- What are different prospects and threats faced by the dealers in the BFSI Security market?
- What possible measures players are taking to overcome and stabilize the situation?
Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, Asia.
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