About BFSI Security
Cyber security solutions help organizations maintain data confidentiality by monitoring, detecting, reporting, and countering cyber threats. These solutions can be deployed as on-premises, cloud-based, or hybrid models. Cyber threats are web-based threats that include identity and data theft. These cyber threats disrupt IT systems and hack critical information by using malware or spyware or by phishing. Given the increase in global internet use, the adoption of cyber security solutions will grow. In addition, the use of wireless networks for mobile devices like smartphones, tablets, and laptops has made their IT systems vulnerable to cyber attacks. IT systems have become more vulnerable to cyber attacks with the adoption of cloud-based services and emergence of IoT.
Technavios analysts forecast the global BFSI security market to grow at a CAGR of 13.39% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global BFSI security market for the period 2016-2020. To calculate the market size, the report considers the revenues generated from the sale of physical and cyber security solutions adopted in the BFSI sector, which includes the following:
• Physical security components
• Cyber security software suites
• Identity and access management (IAM) services
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global BFSI Security Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Top offerings for physical security
• Axis Communications
• Bosch Security Systems
• Honeywell Security
Top offerings for cyber security
• IBM
• McAfee
• Symantec
Other prominent vendors
• Arecont Vision
• Assa Abloy
• Avigilon
• AxxonSoft
• Check Point Software Technologies
• CNL Software
• Crewe Fox
• CSC
• EMC
• Experian
• F-Secure
• Fortinet
• Genetec
• H3C Technologies
• Hewlett-Packard Enterprise
• Juniper Networks
• Kaspersky Lab
• March Networks
• MOBOTIX
• Panasonic
• Qognify
• Safran
• Salient Systems
• Samsung Techwin
• Skybox Security
• Sophos
• ThreatMetrix
• Tyco
• Verint Systems
• videoNEXT
• VidSys
Market driver
• Adoption of cloud-based services
• For a full, detailed list, view our report
Market challenge
• Issues with integration
• For a full, detailed list, view our report
Market trend
• Growing adoption of IP-based video surveillance solutions
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
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PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
Top offerings for physical security
Top offerings for cyber security
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Types of cyber threats
Components of physical security
Cyber security solutions
Cyber attacks in 2015
Cyber attacks by geography in 2015
Implementation of cyber security solutions
Applications of BFSI security solutions
PART 06: Market landscape
Market overview
Market size and forecast
PART 07: Life cycle analysis
PART 08: Recent developments
IoT
SSO
Adoption of hybrid services
PART 09: Market segmentation by technology
Global BFSI security market by technology segmentation 2015-2020
Global BFSI security market by physical security
Global BFSI security market by cyber security
PART 10: Market segmentation of physical security by components
Market segmentation of physical security market in BFSI sector by components
Global physical security market in BFSI sector by surveillance systems
Global physical security market in BFSI sector by access control systems
Global physical security market in BFSI sector by cloud-based services
Global physical security market in BFSI sector by physical security software
PART 11: Market segmentation of cyber security by solutions
Market segmentation of cyber security market in BFSI sector by solutions
Global cyber security market in BFSI sector by IAM
Global cyber security market in BFSI sector by endpoint security
Global cyber security market in BFSI sector by UTM
PART 12: Geographical segmentation
Global BFSI security market by geographical segmentation 2015-2020
Global BFSI security market by geographical segmentation 2015-2020 (revenue)
PART 13: Buying criteria
PART 14: Market drivers
Adoption of cloud-based services
Shift from analog to IP cameras
Implementation of BYOD policy
Stringent government regulations
PART 15: Impact of drivers
PART 16: Market challenges
High TCO of security solutions
Issues with integration
Lack of efficient security solutions
Complex IT infrastructure
PART 17: Impact of drivers and challenges
PART 18: Market trends
Growing adoption of IP-based video surveillance solutions
Increased availability of integrated security solutions
Emergence of customized solutions and integrated packages
Emergence of biometrics
PART 19: Five forces model
PART 20: Vendor landscape
Competitive scenario
Vendors providing physical security solutions
Vendors providing cyber security solutions
Other prominent vendors
BAE Systems
Check Point
Computer Sciences Corporation (CSC)
EMC
NICE Systems
Sophos
PART 21: Appendix
List of abbreviations
PART 22: Explore Technavio
List of Exhibits
Exhibit 01: Products, services, and solutions for physical security
Exhibit 02: Products, services, and solutions for cyber security
Exhibit 03: Cyber attacks in 2015
Exhibit 04: Cyber attacks by geography in 2015
Exhibit 05: Implementation of cyber security solutions
Exhibit 06: Global BFSI security market
Exhibit 07: Global BFSI security market 2015-2020 ($ billions)
Exhibit 08: Life cycle analysis
Exhibit 09: Global BFSI security market by technology segmentation 2015-2020
Exhibit 10: Global BFSI security market by physical security 2015-2020 ($ billions)
Exhibit 11: Global BFSI security market by cyber security 2015-2020 ($ billions)
Exhibit 12: Market segmentation of physical security in BFSI sector by components 2015-2020
Exhibit 13: Global physical security market in BFSI sector by surveillance systems 2015-2020 ($ billions)
Exhibit 14: Global physical security market in BFSI sector by access control systems 2015-2020 ($ billions)
Exhibit 15: Global physical security market in BFSI sector by cloud-based services 2015-2020 ($ billions)
Exhibit 16: Global physical security market in BFSI sector by physical security software 2015-2020 ($ millions)
Exhibit 17: Market segmentation of cyber security market in BFSI sector by solutions 2015-2020
Exhibit 18: Global cyber security market in BFSI sector by IAM 2015-2020 ($ billions)
Exhibit 19: Global cyber security market in BFSI sector by endpoint security 2015-2020 ($ billions)
Exhibit 20: Global cyber security market in BFSI sector by UTM 2015-2020 ($ billions)
Exhibit 21: Global BFSI security market by geographical segmentation 2015-2020
Exhibit 22: Global BFSI security market by geographical segmentation 2015-2020 ($ billions)
Exhibit 23: Buying criteria
Exhibit 24: Shift from Analog to IP Cameras
Exhibit 25: Impact of drivers
Exhibit 26: Impact of drivers and challenges
Exhibit 27: Five forces model
Exhibit 28: Competitive rating
Exhibit 29: Competitive rating
