WiseGuyReports.com Publish A New Market Research Report on –“ Global BFSI Security Industry – Technologies and Emerging Trends, Visibility and Risk Assessment, Retail And Trade Analysis, Market Risk Evaluation Forecasts to 2025”.
Summary: –
The BFSI sector deals with the largest bulk of financials facilitating transactions, insurance, and other financial services to the customer. This sector has been victim to huge cyber crimes, physical risks, and terrorism, thereby demanding increased security measures for the industry. The growing adoption of technology, increasing use of internet, cloud, electronic platform, online and mobile banking are all together leading to increased susceptibility to cyber and physical threats to data and information of the banking customers. This is enhancing the need to implement new and improved solution for secure transactions in the BFSI industry.
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MAJOR KEY COMPANIES COVERAGE: –
The key vendors leveraging solutions for BFSI security included in the report are IBM, Cisco, Symantec Corp., McAfee LLC, Oracle, Herjavec Group, Stromshield, Dell Security, Gemalto NV, Accenture, and Trend Micro Inc.
The report on the BFSI Security market based on the latest data provides a concise industry overview along with a comprehensive study on the overall market. The product definition with that of the allied industry offerings and the major applications regarding the various end-industries have been provided. The report gives an in-depth study regarding the key trends that may determine the market prospects in the coming years. The industry technological standards involving the production and management have been covered by the report. The study conducted is inclusive of the industry trends and competitive and regional analysis covering the period 2020-2025.
Market Dynamics of BFSI Security Market Report
Studying the market in terms of the growth and expansion, the report covers the causative factors influencing the BFSI Security market. The market value and pricing history concerning the product and services and other volume trends are also presented in this report. The existent competitive status and the impact that government policies and regulations have on the BFSI Security market are also presented by the report. The infrastructural and technological advancements in this industry that may drive the market in the coming years have also been analyzed. All of the market drivers and trends have been considered while providing the forecast.
Market Segmentation of BFSI Security Market Size
The different aspects of the BFSI Security market regarding the products and the applications have been used for the segmentation analysis. The geographical segments have been considered for the regional analysis. The major regions of the world classified as North America, Latin America, Asia Pacific, Europe, and the Middle East & Africa. All the key countries in these regions have been studied extensively. This section aims to give a detailed study of all the major components of the BFSI Security market and provide a forecast for each market segment identified.
Research Methodology of BFSI Security Industry 2020
The research conducted as a part of the extensive study carried out on the BFSI Security market has been done by adopting Porter’s Five Forces model among other methodologies. The assessment for the period 2020-2025 has been provided along with the research covering all the segments of the market. Regarding the company segments and competitive landscape, the report presents an in-depth SWOT analysis to help give a better understanding of the market status and prospects.
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Table of Contents – Major Key Points
1 Industry Outlook
1.1 Industry Overview
1.2 Industry Trends
1.3 Pest Analysis
2 Report Outline
2.1 Report Scope
2.2 Report Summary
2.3 Research Methodology
2.4 Report Assumptions
3 Market Snapshot
3.1 Total Addressable Market (TAM)
3.2 Segmented Addressable Market (SAM)
3.2.1 Market Segmentation
3.3 Related Markets
3.3.1 Intrusion Detection System/ Intrusion Prevention System Market
3.3.2 Encryption Software Market
4 Market Outlook
4.1 Overview
4.2 Market Definition – Infoholic Research
4.3 Market Trends and Impact
4.4 Market Segmentation
4.5 Porter 5 (Five) Forces
5 Market Characteristics
5.1 Evolution
5.2 Value Chain
5.3 BFSI Security Risks and Corresponding Solutions
5.4 Threat to Financial and Non-Financial Organizations
5.5 Reasons for investment in BFSI security
5.6 Market Dynamics
5.6.1 Drivers
5.6.1.1 Rising cyber attacks
5.6.1.2 Government initiatives
5.6.1.3 Digitization of BFSI services
5.6.1.4 Increasing need of remote monitoring solutions
5.6.2 Restraints
5.6.2.1 Absence of common security platform
5.6.2.2 Lack of awareness about security solutions
5.6.2.3 High cost of security solutions
5.6.3 Opportunities
5.6.3.1 Opportunities in analytics
5.6.3.2 Huge investments in cybersecurity
5.6.3.3 Ethical hacking
5.6.4 DRO – Impact Analysis
Continued…
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