Latest added BFSI Security Market research study by AMA Research offers detailed outlook and elaborates market review till 2026. The market Study is segmented by key regions that are accelerating the marketization. At present, the market players are strategizing and overcoming challenges of current scenario; some of the key players in the study are 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), etc. The study explored is a perfect mix of qualitative and quantitative Market data collected and validated majorly through primary data and secondary sources.
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The latest edition of this report you will be entitled to receive additional chapter / commentary on latest scenario, economic slowdown and COVID-19 impact on overall industry. Further it will also provide qualitative information about when industry could come back on track and what possible measures industry players are taking to deal with current situation. Each of the segment analysis table for forecast period also high % impact on growth.
BFSI Security Overview
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.
This research is categorized differently considering the various aspects of this market. It also evaluates the upcoming situation by considering project pipelines of company, long term agreements to derive growth estimates. The forecast is analyzed based on the volume and revenue of this market. The tools used for analyzing the BFSI Security Market research report include SWOT analysis.
Market Growth 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
Influencing Trend
Rise In Adoption of Cloud-Based Security Solutions
Restraints
Complexity in Security Infrastructure and Lack of Awareness Among Customers
Lack of Operability Between Security Products
Challenges
High Implementation Cost of Security Solutions
The BFSI Security 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)
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The regional analysis of BFSI Security Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. Whereas, owing to rising no. of research activities in countries such as China, India, and Japan, Asia Pacific region is also expected to exhibit higher growth rate the forecast period 2021-2026.
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 BFSI Security market
Chapter 2: Exclusive Summary – the basic information of the BFSI Security Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the BFSI Security
Chapter 4: Presenting the 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 2015-2020
Chapter 6: Evaluating the leading manufacturers of the 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 (2021-2026)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
Finally, BFSI Security Market is a valuable source of guidance for individuals and companies.
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