Global BFSI Security Market – Size, Outlook, Trends and Forecast (2024 – 2032)

the BFSI security market size and are used to estimate the size of other dependent submarkets. Key players in the market are identified through various secondary sources; databases including Bloomberg Businessweek, Hoovers, Factiva, journals and associations and the market revenues are estimated and are thoroughly validated through primary and secondary research. Secondary research involves the study of annual and financial reports of top players in the market, whereas primary research includes extensive interviews with the KoL’s such as CEOs, directors, board members, VP’s, sales managers, engineers, marketing executives, technicians, account managers, investors, strategic decision makers and others. The BFSI security market shares and breakdowns are determined using secondary sources and are verified by the primary sources. All possible parameters/factors that are affecting the BFSI security market demand are covered in the research study are verified through primary research, analysed and interpreted to get the final qualitative and quantitative data. This data is collected and added with detailed analysis from Envision Inteligence and presented in this report.

The scope of the Report

The BFSI security market segmentation is as follows:

By Component

• System
  • Video Surveillance
  • Access Control
  • Intrusion & Fire Detection
  • Physical Security Information Management
• Services
  • System Integration
  • Maintenance and Support
  • Design and Integration
  • Consulting
  • Risk & Threat Assessment
  • Managed Security Services
  • Training & Education

By Security Type

• Physical Security
• Information Security

 By Solution

• Identity & Access Management
• Risk & Compliance Management
• Encryption
• Disaster Recovery
• Unified Threat Management
• Firewall
• DDoS Mitigation
• Security & Vulnerability Management
• Intrusion Detection System/Intrusion Prevention System (IDS/IPS)
• Data Loss Protection (DLP)
• Antivirus & Anti-Malware
• Web Filtering
• Others

By End Users

• Banking
• Insurance Company
• Other financial institutions

 Geographical Analysis:

BFSI security market is segmented by geography into North America, South America, Europe, APAC and Middle East & Africa. U.S., Canada, Mexico and Costa Rica are analysed under North American region which is usually turning as the hotspot in the market. The South American region is further segregated into Brazil, Argentina, Chile, Columbia and some other emerging economies. In Europe, the market is extensively examined by covering U.K., Germany, France,

Italy, Spain, Netherlands, Poland, Switzerland and some other promising economies. APAC is further categorised by countries into China, India, Japan, South Korea, Australia & New Zealand, Malaysia, Singapore and many other emerging nations. In the Middle East & African region, Saudi Arabia, UAE, Iran, Iraq, Qatar, South Africa, Algeria, Morocco, Nigeria and so on countries are evaluated to understand the market growth lucidly.

Customization Options:

With the given research report, Envision Inteligence offers customisations as per the client’s specific requirements. The following customisation options offered for the BFSI security market include:

• Scope Revision
• Geographic Analysis
• Company Profiles
• Historical Data & Forecasting
• Key Contact Persons in companies

Global BFSI security Market Research Report Includes:

• An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
• To have a complete market analysis through industry value chain analysis, Porter’s Five Force Model, PESTLE, SWOT analysis, and Y-o-Y analysis.
• Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
• Identifying DROC in the current market and their impact on altering market dynamics.
• Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
• Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
• Identify the latest developments, market shares and strategies that are employed by the significant BFSI security, such as
  • DXC Technology Company
  • Cisco Systems, Inc.
  • EMC Corporation
  • Honeywell International, Inc.
  • IBM Corporation

Along with these companies, many other companies are considered in the report while analysing the global BFSI security market competitive strategies and environment. These companies held substantial share-owning to the nature of the industry whereas, the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players also have considerable presence owing to its robust brand image, geographical reach and stable customer base.