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Research and Markets Adds Report: BFSI Security Market by Physical Security, & by Cyber Security - Worldwide Forecasts & Analysis (2014 -... [Manufacturing Close - Up]
[September 17, 2014]

Research and Markets Adds Report: BFSI Security Market by Physical Security, & by Cyber Security - Worldwide Forecasts & Analysis (2014 -... [Manufacturing Close - Up]


(Manufacturing Close - Up Via Acquire Media NewsEdge) Research and Markets Adds Report: BFSI Security Market by Physical Security, & by Cyber Security - Worldwide Forecasts & Analysis (2014 - 2019) Research and Markets has announced the addition of the "BFSI Security Market by Physical Security, & by Cyber Security - Worldwide Forecasts & Analysis (2014 - 2019)" report to its offerings.



In a release, Research and Markets noted that report highlights include: The BFSI security market is expected to grow from $21.53 billion in 2014 to $37.35 billion by 2019, at an estimated Compound Annual Growth Rate (CAGR) of 11.6 percent from 2014 to 2019. North America is the largest market for BFSI security.

Enforcement of regulatory security compliance, increasing number of sophisticated threats, and Incorporation of Internet of Things are three main drivers behind increased adoption of BFSI security solutions. Moreover, heavy merger and acquisitions and increasing demand for BFSI centric solution are posing market opportunities for the security vendors in the industry.


The BFSI security market has emerged from the traditional security technologies to IP-based video surveillance, biometrics, voice-enabled authentication, and so on. The market involves a large number of vendors providing dedicated security solutions and services. This report will provide detailed insights into the global BFSI security market split across physical security systems and services, information security solutions and services, sub- verticals, and regions.

An increasing adoption of physical and information security solutions across the BFSI industry is expected as major vendors are bringing cost-effective and technologically advanced security technologies through continuous investments in the research and development of the sophisticated security solutions so as to ensure secure transaction across various portals, business and customer data management, physical assets, and critical infrastructure protection. Notable market players for BFSI security are Booz Allen Hamilton, Cisco, CSC, EMC, Honeywell, IBM, McAfee, Sophos, Symantec, and Trend Micro.

Report information: http://www.researchandmarkets.com/research/rvlwbd/bfsi_security ((Comments on this story may be sent to [email protected])) (c) 2014 ProQuest Information and Learning Company; All Rights Reserved.

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