BFSI Security Market by Information Security & Physical Security – Global Forecast to 2021


Posted January 12, 2017 by annyang

"BFSI Security Market by Information Security & Physical Security – Global Forecast to 2021"is a professional and in-depth study.

 
MRRS adds "BFSI Security Market by Information Security & Physical Security – Global Forecast to 2021" latest studies,published in December 2016. It is a professional and in-depth study.

“The increasing risk of cyber threats against BFSI infrastructure, such as banks and insurance companies is expected to drive the BFSI Market”
The global BFSI security market size is estimated to grow from USD 30.23 Billion in 2016 to USD 48.95 Billion by 2021, at a CAGR of 10.1% during the forecast period. Enforcement of regulatory security compliance and the increasing risk of cyber threats against BFSI infrastructure are the major drivers for the BFSI security market.
“The physical security segment is expected to grow at the highest CAGR during the forecast period”
The physical security segment is estimated to grow at the highest CAGR during the forecast period. This growth can be attributed to the fact that physical security provides protection of personnel, hardware, programs, networks, and data from physical circumstances and events that could cause serious losses or damage to an enterprise, agency, or institution. The physical security segment is also expected to account for the largest market share during the forecast period. This growth can be attributed to the growing concern for safety due to increasing terrorism.
The system & components segment is estimated to account for the largest market share during the forecast period. This growth can be attributed to the fact that banks are continuously investing in advanced physical security solutions to prevent robberies, frauds, and suspicious ATM withdrawals. Owing to these factors, the service segment is expected to grow at the highest CAGR during the forecast period.

Figure And Tables

TABLE 1 BFSI SECURITY MARKET SIZE AND GROWTH 2014–2021 (USD BILLION) 27
TABLE 2 INNOVATION SPOTLIGHT: LATEST CYBER SECURITY INNOVATIONS 43
TABLE 3 BFSI SECURITY MARKET SIZE, BY SECURITY TYPE, 2014-2021 (USD MILLION) 46
TABLE 4 PHYSICAL SECURITY: BFSI SECURITY MARKET, BY REGION, 
2014-2021 (USD MILLION) 47
TABLE 5 INFORMATION SECURITY: BFSI SECURITY MARKET, BY REGION,  
2014-2021 (USD MILLION) 48
TABLE 6 BFSI PHYSICAL SECURITY MARKET, BY TYPE, 2014–2021 (USD MILLION) 50
TABLE 7 BFSI PHYSICAL SECURITY MARKET, BY SYSTEM AND COMPONENT,  
2014–2021 (USD MILLION) 51
 ...

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Last Updated January 12, 2017