BFSI Security Market by Product Type, Distribution Channel, End User 2024-2032

imarc123 31 views 16 slides May 07, 2024
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About This Presentation

The global BFSI security market size reached US$ 60.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 131.4 Billion by 2032, exhibiting a growth rate (CAGR) of 8.6% during 2024-2032.

More Info:- https://www.imarcgroup.com/bfsi-security-market


Slide Content

Global BFSI Security Market Research and Forecast Report 2024-2032 Format: PDF+EXCEL © 2023 IMARC All Rights Reserved

About IMARC Group International Market Analysis Research and Consulting Group is a leading adviser on management strategy and market research worldwide. We partner with clients in all regions and industry verticals to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise. IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.

Report Highlight and Description According to the latest report by IMARC Group, titled  "BFSI Security Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032,"  the  global BFSI security market size reached US$ 60.5 Billion in 2023. Banking, financial services, and insurance (BFSI) security involves implementing various security solutions and practices to protect financial institutions against external and internal security threats. Some commonly used BFSI security solutions include remote monitoring, video surveillance, identity and access management, antivirus, antimalware, intrusion detection, and data encryption. It helps enhance the reliability, security, and cost-effectiveness of various processes, including accepting cash deposits, credits, overdrafts, granting loans, advances, and discounting bills. As a result, BFSI security has rapidly gained traction among banks and financial organizations to enable secure and convenient financial transactions, prevent monetary fraud, minimize the risk of security breaches, and enhance customer experience. Request for a PDF sample of this report: https://www.imarcgroup.com/bfsi-security-market/requestsample

Report Description Global BFSI Security Market Trends : The increasing incidences of cyberattacks and other physical threats, and rapid growth in the BFSI industry represent the primary factors driving the market growth. In addition, financial organizations are under increased scrutiny due to various high-profile data breaches, which has strengthened the need for proper security measures. Along with this, the implementation of stringent regulatory standards and policies by governments of various countries has augmented the demand for BFSI security solutions. Furthermore, the significant shift toward digitized business operations has encouraged banking and financial institutions to adopt BFSI security solutions. Besides this, the integration of connected devices with the Internet of Things (IoT), artificial intelligence (AI), and machine learning (ML) technologies that assist in monitoring transactions, tracking location, detecting frauds, and ensuring regulatory compliance have catalyzed the market growth. Other factors, including the escalating demand for cloud-based security solutions, increasing dependence on digital payments, surging internet penetration rates, growing concerns about data security, rapid digitalization, and technological advancements, are also creating a positive market outlook. Looking forward, the market value is anticipated to reach US$ 131.4 Billion by 2032, expanding at a CAGR of 8.6% during the forecast period (2024-2032). View Report TOC, Figures and Tables : https://www.imarcgroup.com/bfsi-security-market

Report Segmentation Breakup by Type: Physical Security Cyber Security   Breakup by Physical Security Offering: System Physical Access System Video Surveillance System Perimeter Intrusion and Detection Physical Security Information Management Others Service Remote Monitoring Services Security Systems Integration Services Others

Report Segmentation Breakup by Information Security Offering: Solution Identity and Access Management (IAM) Intrusion Detection System/Intrusion Prevention System (IDS/IPS) Data Loss Prevention (DLP) Disaster Recovery Distributed Denial of Service (DDoS) Antivirus/Antimalware Encryption Others Service Implementation and Integration Service Consulting Service Support and Maintenance Service

Report Segmentation Breakup by Enterprise Size: Large Enterprises Small and Medium Enterprises Breakup by End User: Banks Insurance Companies Others Breakup by Region: North America Asia-Pacific Europe Latin America Middle East and Africa

Competitive Landscape with Key Players Axis Communications AB Booz Allen Hamilton Holding Corporation Check Point Software Technologies Ltd. Cisco Systems Inc. Honeywell International Inc. Intel Corporation International Business Machines Corporation Microsoft Corporation Robert Bosch GmbH Seico Inc. Sophos Ltd. Trend Micro Incorporated.

Key Questions Answered in the Report

Key Questions Answered in the Report

Table of Contents 1    Preface 2    Scope and Methodology     2.1    Objectives of the Study     2.2    Stakeholders     2.3    Data Sources         2.3.1    Primary Sources         2.3.2    Secondary Sources     2.4    Market Estimation         2.4.1    Bottom-Up Approach         2.4.2    Top-Down Approach     2.5    Forecasting Methodology 3    Executive Summary 4    Introduction     4.1    Overview     4.2    Key Industry Trends 5    Global BFSI Security Market     5.1    Market Overview     5.2    Market Performance     5.3    Impact of COVID-19   5.4    Market Forecast 6     Market Breakup by Type 6.1 Physical Security 6.1.1 Market Trends 6.1.2 Market Forecast 6.2 Cyber Security 6.2.1 Market Trends 6.2.2 Market Forecast 7 Market Breakup by Physical Security Offering 7.1 System 7.1.1 Market Trends 7.1.2 Key Segments        

Table of Contents 7.1.2.1 Physical Access System 7.1.2.2 Video Surveillance System 7.1.2.3 Perimeter Intrusion and Detection 7.1.2.4 Physical Security Information Management 7.1.2.5 Others 7.1.3 Market Forecast 7.2 Service 7.2.1 Market Trends 7.2.2 Key Segments 7.2.2.1 Remote Monitoring Services 7.2.2.2 Security Systems Integration Services 7.2.2.3 Others 7.2.3 Market Forecast 8 Market Breakup by Information Security Offering 8.1 Solution 8.1.1 Market Trends 8.1.2 Key Segments 8.1.2.1 Identity and Access Management (IAM) 8.1.2.2 Intrusion Detection System/Intrusion Prevention System (IDS/IPS) 8.1.2.3 Data Loss Prevention (DLP) 8.1.2.4 Disaster Recovery 8.1.2.5 Distributed Denial of Service (DDoS) 8.1.2.6 Antivirus/Antimalware 8.1.2.7 Encryption 8.1.2.8 Others 8.1.3 Market Forecast 8.2 Service 8.2.1 Market Trends 8.2.2 Key Segments 8.2.2.1 Implementation and Integration Service For more information, visit : https://www.imarcgroup.com/bfsi-security-market/toc

Partial List of Clients

Partial List of Clients

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