Uploaded on May 7, 2024
According to the latest research report by IMARC Group, 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
BFSI Security Market PPT: Overview, Dynamics, Trends, Segmentation, Application and Forecast to 2032
Global BFSI Security
Market Research and
Forecast Report 2024-
2032
Format: PDF+EXCEL
© 2023 IMARC All Rights Reserved
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Acco r d ing t o t he l a t e s t r epo r t b y I M ARC G r oup , t i t l e d " BFS I Se cur i t y M ark e t :
G l o ba l I ndu st ry T re nds , Sh are , S i ze , G row t h , O pp or t u n i t y an d Fo recas t 20 24 -
2032 , " t he g loba l BFS I sec u r i t y m a r ke t s i ze r each ed U S$ 6 0 . 5 B i l l i on i n 202 3 .
Bank ing , f i na nc ia l se r v i c es , and i nsu r ance ( BFS I ) se cu r i t y i nv o l ves im p le m en t ing
Report va r i ous sec ur i t y so lu t i ons an d p r ac t i ces t o p r o t ec t f i n anc ia l i ns t i t u t i ons aga in s t ex t e r na l and i n t e r na l se cu r i t y t h r ea t s . S om e com m on ly us ed BFSI secu r i t y so lu t io ns
i nc lud e r e m o t e m o n i t o r i n g , v i de o su r ve i l l anc e , i de n t i t y a nd ac cess m anag em e n t ,
Highlight and an t i v i r us , an t im a lwa r e , in t r us ion d e t ec t i on , and da t a e nc r y p t i on .
I t h e lps e nhan ce t he r e l i ab i l i t y , sec u r i t y , an d cos t - e f f ec t i venes s o f va r io us
p r oc esses , i nc lu d ing a ccep t i ng c ash de pos i t s , c r e d i t s , ove r d r a f t s , g r an t i ng l oan s ,
Description adv an ces , and d i sco un t i ng b i l l s . A s a r esu l t , BFS I s ecu r i t y has r a p id l y ga in ed
t r ac t i on am o ng bank s an d f i nan c ia l o r gan i za t i on s t o e nab le se cu r e an d co nven ien t
f i na nc ia l t r an sac t i ons , p r e ven t m one t a r y f r au d , m in im ize t he r i s k o f secu r i t y
b r ea ches , and enh ance cus t om e r expe r ienc e .
Reque st f o r a P DF s ampl e o f t h i s repor t :
h t t p s : / / www. im ar c g r ou p . com / b f s i - secu r i t y - m ar ke t / r eque s t sam p le
Report Description
G lo b a l B F S I S e c u r i t y Ma r k e t T r e n d s :
T h e i n c r e a s i n g i n c i d e n c e s o f c y b e r a t t a c k s a n d o t h e r p h y s i c a l t h r e a t s , a n d r a p i d g r o w t h i n t h e B F S I i n d u s t r y r e p r e s e n t t h e p r i m a r y
f a c t o r s d r i v i n g t h e m a r k e t g r o w t h . I n a d d i t i o n , f i n a n c i a l o r g a n i z a t i o n s a r e u n d e r i n c r e a s e d s c r u t i n y d u e t o v a r i o u s h i g h - p r o f i l e
d a t a b r e a c h e s , w h i c h h a s s t r e n g th e n e d t h e n e e d f o r p r o p e r s e c u r i t y m e a s u r e s . A l o n g w i t h t h i s , t h e i m p l e m e n t a t i o n o f s t r i n g e n t
r e g u l a to r y s t a n d a r d s a n d p o l i c i e s b y g o v e r n m e n ts o f v a r i o u s c o u n t r i e s h a s a u g m e n te d t h e d e m a n d f o r B F S I s e c u r i t y s o l u t i o n s .
F u r t h e r m o r e , t h e s i g n i f i c a n t s h i f t t o w a r d d i g i t i z e d b u s i n e s s o p e r a t i o n s h a s e n c o u r a g e d b a n k i n g a n d f i n a n c i a l i n s t i t u t i o n s t o a d o p t
B F S I s e c u r i t y s o l u t i o n s .
B e s i d e s t h i s , t h e i n t e g r a t i o n o f c o n n e c te d d e v i c e s w i t h t h e I n t e r n e t o f T h i n g s ( I o T ) , a r t i f i c i a l i n t e l l i g e n c e ( A I ) , a n d m a c h i n e
l e a r n i n g ( M L ) t e c h n o l o g i e s t h a t a s s i s t i n m o n i t o r i n g t r a n s a c t i o n s , t r a c k i n g l o c a t i o n , d e te c t i n g f r a u d s , a n d e n s u r i n g r e g u l a to r y
c o m p l i a n c e h a v e c a ta l y z e d t h e m a r k e t g r o w t h . O th e r f a c t o r s , i n c l u d i n g t h e e s c a l a t i n g d e m a n d f o r c l o u d - b a s e d s e c u r i t y s o l u t i o n s ,
i n c r e a s i n g d e p e n d e n c e o n d i g i t a l p a y m e n t s , s u r g i n g i n t e r n e t p e n e t r a t i o n r a t e s , g r o w i n g c o n c e r n s a b o u t d a t a s e c u r i t y , r a p i d
d i g i t a l i z a t i o n , a n d t e c h n o l o g i c a l a d v a n c e m e n ts , a r e a l s o c r e a t i n g a p o s i t i v e m a r k e t o u t l o o k .
L o o k in g f o r w a r d , t h e m a r k e t v a lu e i s a n t i c ip a t e d t o r e a c h U S $ 1 3 1 .4 B i l l i o n b y 2 0 3 2 , e x p a n d i n g a t a C A G R o f 8 . 6 % d u r i n g
t h e f o r e c a s t p e r i o d ( 2 0 2 4 - 2 0 3 2 ) .
V ie w R e p o r t T O C , F i g u r e s a n d T a b l e s : h t t p s : / / w w w . i m a r c g r o u p . c o m / b f s i - s e c u r i t y - m a r k e t
Breakup by Type:
• Physical Security
• Cyber Security
Breakup by Physical Security Off ering:
• System
o
Report Physical Access System
o Video Survei l lance System
Segmentation o Perimeter Intrusion and Detect ion
o Physical Security Information
Management
o Others
• Service
o Remote Monitoring Services
o Security Systems Integrat ion Services
o Others
Breakup by Information Security
Off ering:
• Solution
o Identity and Access Management ( IAM)
o Intrusion Detect ion System/Intrusion
Prevention System ( IDS/IPS)
o Data Loss Prevention (DLP)
Report o Disaster Recovery
Segmentation o Distr ibuted Denial of Service (DDoS)
o Antivirus/Antimalware
o Encryption
o Others
• Service
o Implementation and Integration Service
o Consult ing Service
o Support and Maintenance Service
Breakup by Enterprise Size:
• Large Enterpr ises
• Smal l and Medium Enterprises
Breakup by End User:
• Banks
Report • Insurance Companies
• Others
Segmentation
Breakup by Region:
• North America
• Asia-Pacifi c
• Europe
• Lat in America
• Middle East and Afr ica
• Axis Communications AB
• Booz Allen Hamilton Holding Corporation
• Check Point Software Technologies Ltd.
• Cisco Systems Inc.
Competitive
• Honeywell International Inc.
Landscape • Intel Corporation
with Key • International Business Machines Corporation
• Microsoft Corporation
Players
• Robert Bosch GmbH
• Seico Inc.
• Sophos Ltd.
• Trend Micro Incorporated.
What was the size of the global BFSI security
market in 2023?
What is the expected growth rate of the global BFSI
security market during 2024-2032?
Key What are the key factors driving the global BFSI
security market?
Questions
Answered in What has been the impact of COVID-19 on the global BFSI security market?
the Report
What is the breakup of the global BFSI security
market based on the type?
What is the breakup of the global BFSI security
market based on the physical security offering?
What is the breakup of the global BFSI security
market based on the information security offering?
What is the breakup of the global BFSI security
market based on the enterprise size?
What is the breakup of the global BFSI security
market based on the end user?
Key What are the key regions in the global BFSI security
market?
Questions
Answered in Who are the key players/companies in the global BFSI security market?
the Report
1 P r e f a c e
2 S c o p e a n d M e t h o d o l o g y
2 . 1 O b j e c t i v e s o f t h e S t u d y
2 . 2 S t a k e h o l d e r s
2 . 3 D a t a S o u r c e s
2 . 3 . 1 P r i m a r y S o u r c e s
2 . 3 . 2 S e c o n d a r y S o u r c e s
2 . 4 M a r k e t E s t i m a t i o n
2 . 4 . 1 B o t t o m - U p A p p r o a c h
Table of 2 . 4 . 2 T o p - D o w n A p p r o a c h 2 . 5 F o r e c a s t i n g M e t h o d o l o g y
3 E x e c u t i v e S u m m a r y
4 I n t r o d u c t i o n
4 . 1 O v e r v i e w
Contents 4 . 2 K e y I n d u s t r y T r e n d s5 G l o b a l B F S I S e c u r i t y M a r k e t
5 . 1 M a r k e t O v e r v i e w
5 . 2 M a r k e t P e r f o r m a n c e
5 . 3 I m p a c t o f C O V I D - 1 9
5 . 4 M a r k e t F o r e c a s t
6 M a r k e t B r e a k u p b y T y p e
6 . 1 P h y s i c a l S e c u r i t y
6 . 1 . 1 M a r k e t T r e n d s
6 . 1 . 2 M a r k e t F o r e c a s t
6 . 2 C y b e r S e c u r i t y
6 . 2 . 1 M a r k e t T r e n d s
6 . 2 . 2 M a r k e t F o r e c a s t
7 M a r k e t B r e a k u p b y P h y s i c a l S e c u r i t y O f f e r i n g
7 . 1 S y s t e m
7 . 1 . 1 M a r k e t T r e n d s
7 . 1 . 2 K e y S e g m e n t s
7 . 1 . 2 . 1 P h y s i c a l A c c e s s S y s t e m
7 . 1 . 2 . 2 V i d e o S u r v e i l l a n c e S y s t e m
7 . 1 . 2 . 3 P e r i m e t e r I n t r u s i o n a n d D e t e c t i o n
7 . 1 . 2 . 4 P h y s i c a l S e c u r i t y I n f o r m a t i o n M a n a g e m e n t
7 . 1 . 2 . 5 O t h e r s
7 . 1 . 3 M a r k e t F o r e c a s t
7 . 2 S e r v i c e
7 . 2 . 1 M a r k e t T r e n d s
7 . 2 . 2 K e y S e g m e n t s
7 . 2 . 2 . 1 R e m o t e M o n i t o r i n g S e r v i c e s
7 . 2 . 2 . 2 S e c u r i t y S y s t e m s I n t e g r a t i o n S e r v i c e s
7 . 2 . 2 . 3 O t h e r s
Table of 7 . 2 . 3 M a r k e t F o r e c a s t8 M a r k e t B r e a k u p b y I n f o r m a t i o n S e c u r i t y O f f e r i n g
8 . 1 S o l u t i o n
8 . 1 . 1 M a r k e t T r e n d s
Contents 8 . 1 . 2 K e y S e g m e n t s 8 . 1 . 2 . 1 I d e n t i t y a n d A c c e s s M a n a g e m e n t ( I A M )
8 . 1 . 2 . 2 I n t r u s i o n D e t e c t i o n S y s t e m / I n t r u s i o n P r e v e n t i o n
S y s t e m ( I D S / I P S )
8 . 1 . 2 . 3 D a t a L o s s P r e v e n t i o n ( D L P )
8 . 1 . 2 . 4 D i s a s t e r R e c o v e r y
8 . 1 . 2 . 5 D i s t r i b u t e d D e n i a l o f S e r v i c e ( D D o S )
8 . 1 . 2 . 6 A n t i v i r u s / A n t i m a l w a r e
8 . 1 . 2 . 7 E n c r y p t i o n
8 . 1 . 2 . 8 O t h e r s
8 . 1 . 3 M a r k e t F o r e c a s t
8 . 2 S e r v i c e
8 . 2 . 1 M a r k e t T r e n d s
8 . 2 . 2 K e y S e g m e n t s
8 . 2 . 2 . 1 I m p l e m e n t a t i o n a n d I n t e g r a t i o n S e r v i c e
F o r m o r e i n f o r m a t i o n , v i s i t :
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