Deerfield Beach, FL -- (SBWire) -- 04/15/2016 --About BFSI Security
Cyber security solutions help organizations maintain data confidentiality by monitoring, detecting, reporting, and countering cyber threats. These solutions can be deployed as on-premises, cloud-based, or hybrid models. Cyber threats are web-based threats that include identity and data theft. These cyber threats disrupt IT systems and hack critical information by using malware or spyware or by phishing. Given the increase in global internet use, the adoption of cyber security solutions will grow. In addition, the use of wireless networks for mobile devices like smartphones, tablets, and laptops has made their IT systems vulnerable to cyber attacks. IT systems have become more vulnerable to cyber attacks with the adoption of cloud-based services and emergence of IoT.
Global BFSI security market to grow at a CAGR of 13.39% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global BFSI security market for the period 2016-2020. To calculate the market size, the report considers the revenues generated from the sale of physical and cyber security solutions adopted in the BFSI sector, which includes the following:
- Physical security components
- Cyber security software suites
- Identity and access management (IAM) services
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
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Global BFSI Security Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Top offerings for physical security
- Axis Communications
- Bosch Security Systems
- Honeywell Security
Top offerings for cyber security
- IBM
- McAfee
- Symantec
Other prominent vendors
- Arecont Vision
- Assa Abloy
- Avigilon
- AxxonSoft
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- Check Point Software Technologies
- CNL Software
- Crewe Fox
- CSC
- EMC
- Experian
- F-Secure
- Fortinet
- Genetec
- H3C Technologies
- Hewlett-Packard Enterprise
- Juniper Networks
- Kaspersky Lab
- March Networks
- MOBOTIX
- Panasonic
- Qognify
- Safran
- Salient Systems
- Samsung Techwin
- Skybox Security
- Sophos
- ThreatMetrix
- Tyco
- Verint Systems
- videoNEXT
- VidSys
Market driver
- Adoption of cloud-based services
- For a full, detailed list, view our report
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Market challenge
- Issues with integration
- For a full, detailed list, view our report
Market trend
- Growing adoption of IP-based video surveillance solutions
- For a full, detailed list, view our report
BFSI Security Market 2016 to Grow at a CAGR of 13.39% During the Period to 2020
BFSI Security Market 2016 size, share, growth, trends, review, research, industry analysis and forecast upto 2020 by Market Research Store