Market Research Logo

BFSI Security Market by Information Security (IAM, Encryption, Disaster Recovery, UTM, Firewall, Security and Vulnerability Management, IDS/IPS, Data Loss Protection, Antivirus & Antimalware) & Physical Security - Global Forecast to 2021

  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • STUDY SCOPE
      • MARKETS COVERED
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • INTRODUCTION
      • KEY DATA FROM SECONDARY SOURCES
      • KEY DATA FROM PRIMARY SOURCES
    • MARKET SIZE ESTIMATION
    • MARKET BREAKDOWN AND DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS AND LIMITATIONS
      • ASSUMPTIONS
      • LIMITATIONS
  • EXECUTIVE SUMMARY
    • Table BFSI SECURITY MARKET SIZE AND GROWTH 2014-2021 (USD BILLION)
  • PREMIUM INSIGHTS
    • ATTRACTIVE MARKET OPPORTUNITIES IN THE BFSI SECURITY MARKET
    • BFSI SECURITY MARKET, BY SUB-VERTICAL
    • BFSI SECURITY MARKET, BY PHYSICAL SECURITY SYSTEM AND COMPONENT SEGMENT AND REGION
    • LIFECYCLE ANALYSIS, BY REGION
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET SEGMENTATION
      • BY TYPE
      • BFSI PHYSICAL SECURITY MARKET, BY SYSTEM & COMPONENT
      • BFSI PHYSICAL SECURITY MARKET, BY SERVICES
      • BFSI INFORMATION SECURITY MARKET, BY SYSTEM & COMPONENT
      • BFSI INFORMATION SECURITY MARKET, BY SERVICES
      • BFSI SECURITY MARKET, BY SUB-VERTICAL
      • BY REGION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
    • REGULATORY IMPLICATIONS
      • PAYMENT CARD INDUSTRY DATA SECURITY STANDARD (PCI-DSS)
      • GRAMM-LEACH-BLILEY ACT (GLB ACT)
      • SARBANES-OXLEY ACT (SOX)
    • INNOVATION SPOTLIGHT
      • Table INNOVATION SPOTLIGHT: LATEST CYBER SECURITY INNOVATIONS
  • BFSI SECURITY MARKET, BY SECURITY TYPE
    • INTRODUCTION
      • Table BFSI SECURITY MARKET SIZE, BY SECURITY TYPE, 2014-2021 (USD MILLION)
    • PHYSICAL SECURITY
      • Table PHYSICAL SECURITY: BFSI SECURITY MARKET, BY REGION, 2014-2021 (USD MILLION)
    • INFORMATION SECURITY
      • Table INFORMATION SECURITY: BFSI SECURITY MARKET, BY REGION, 2014-2021 (USD MILLION)
  • BFSI PHYSICAL SECURITY MARKET, BY SYSTEM & COMPONENT, AND BY SERVICES
    • INTRODUCTION
      • Table BFSI PHYSICAL SECURITY MARKET, BY TYPE, 2014-2021 (USD MILLION)
    • SYSTEM AND COMPONENT
      • Table BFSI PHYSICAL SECURITY MARKET, BY SYSTEM AND COMPONENT, 2014-2021 (USD MILLION)
      • Table SYSTEM & COMPONENT: BFSI PHYSICAL SECURITY MARKET, BY REGION, 2014-2021 (USD MILLION)
      • VIDEO SURVEILLANCE
        • Table VIDEO SURVEILLANCE: BFSI PHYSICAL SECURITY MARKET, BY REGION, 2014-2021 (USD MILLION)
      • ACCESS CONTROL
        • Table ACCESS CONTROL: BFSI PHYSICAL SECURITY MARKET, BY REGION, 2014-2021 (USD MILLION)
      • INTRUSION & FIRE DETECTION
        • Table INTRUSION & FIRE DETECTION: BFSI PHYSICAL SECURITY MARKET, BY REGION, 2014-2021 (USD MILLION)
      • PHYSICAL SECURITY INFORMATION MANAGEMENT (PSIM)
        • Table PHYSICAL SECURITY INFORMATION MANAGEMENT: BFSI PHYSICAL SECURITY MARKET, BY REGION, 2014-2021 (USD MILLION)
    • SERVICES
      • Table BFSI PHYSICAL SECURITY MARKET, BY SERVICE, 2014-2021 (USD MILLION)
      • Table SERVICES: BFSI PHYSICAL SECURITY MARKET SIZE , BY REGION, 2014-2021 (USD MILLION)
      • SYSTEM INTEGRATION
        • Table SYSTEM INTEGRATION: BFSI PHYSICAL SECURITY MARKET, BY REGION, 2014-2021 (USD MILLION)
      • MAINTENANCE & SUPPORT
        • Table MAINTENANCE & SUPPORT: BFSI PHYSICAL SECURITY MARKET, BY REGION, 2014-2021 (USD MILLION)
      • DESIGN & CONSULTING
        • Table DESIGN & CONSULTING: BFSI PHYSICAL SECURITY MARKET, BY REGION, 2014-2021 (USD MILLION)
  • BFSI SECURITY MARKET FOR INFORMATION SECURITY SOLUTION AND SERVICES
    • INTRODUCTION
      • Table BFSI SECURITY MARKET SIZE, BY INFORMATION SECURITY TYPE, 2014-2021 (USD MILLION)
    • SOLUTION
      • Table BFSI SECURITY MARKET FOR INFORMATION SECURITY, BY SOLUTION, 2014-2021 (USD MILLION)
      • Table BFSI SECURITY MARKET FOR INFORMATION SECURITY SOLUTION, BY REGION, 2014-2021 (USD MILLION)
      • IDENTITY & ACCESS MANAGEMENT
        • Table IDENTITY & ACCESS MANAGEMENT: BFSI SECURITY MARKET FOR INFORMATION SECURITY SOLUTIONS, BY REGION, 2014-2021 (USD MILLION)
      • RISK & COMPLIANCE MANAGEMENT
        • Table RISK & COMPLIANCE MANAGEMENT: BFSI SECURITY MARKET FOR INFORMATION SECURITY SOLUTION, BY REGION, 2014-2021 (USD MILLION)
      • ENCRYPTION
        • Table ENCRYPTION: BFSI SECURITY MARKET FOR INFORMATION SECURITY SOLUTION, BY REGION, 2014-2021 (USD MILLION)
      • DISASTER RECOVERY
        • Table DISASTER RECOVERY: BFSI SECURITY MARKET FOR INFORMATION SECURITY SOLUTION, BY REGION, 2014-2021 (USD MILLION)
      • UNIFIED THREAT MANAGEMENT (UTM)
        • Table UNIFIED THREAT MANAGEMENT: BFSI SECURITY MARKET FOR INFORMATION SECURITY SOLUTION, BY REGION, 2014-2021 (USD MILLION)
      • FIREWALL
        • Table FIREWALL: BFSI SECURITY MARKET FOR INFORMATION SECURITY SOLUTION, BY REGION, 2014-2021 (USD MILLION)
      • DDOS MITIGATION
        • Table DDOS MITIGATION: BFSI SECURITY MARKET FOR INFORMATION SECURITY SOLUTION, BY REGION, 2014-2021 (USD MILLION)
      • SECURITY & VULNERABILITY MANAGEMENT
        • Table SECURITY & VULNERABILITY MANAGEMENT: BFSI SECURITY MARKET FOR INFORMATION SECURITY SOLUTION, BY REGION, 2014-2021 (USD MILLION)
      • INTRUSION DETECTION SYSTEM/INTRUSION PREVENTION SYSTEM (IDS/IPS)
        • Table IDS/IPS: BFSI SECURITY MARKET FOR INFORMATION SECURITY SOLUTION, BY REGION, 2014-2021 (USD MILLION)
      • DATA LOSS PROTECTION (DLP)
        • Table DATA LOSS PROTECTION: BFSI SECURITY MARKET FOR INFORMATION SECURITY SOLUTION, BY REGION, 2014-2021 (USD MILLION)
      • ANTIVIRUS & ANTI-MALWARE
        • Table ANTIVIRUS & ANTI-MALWARE: BFSI SECURITY MARKET FOR INFORMATION SECURITY SOLUTION, BY REGION, 2014-2021 (USD MILLION)
      • WEB FILTERING
        • Table WEB FILTERING: BFSI SECURITY MARKET FOR INFORMATION SECURITY SOLUTION, BY REGION, 2014-2021 (USD MILLION)
      • OTHERS
        • Table OTHER SOLUTION: BFSI SECURITY MARKET FOR INFORMATION SECURITY SOLUTION, BY REGION, 2014-2021 (USD MILLION)
    • SERVICES
      • Table BFSI INFORMATION SECURITY MARKET, BY SERVICES, 2014-2021 (USD MILLION)
      • Table BFSI SECURITY MARKET FOR INFORMATION SECURITY SERVICES, BY REGION, 2014-2021 (USD MILLION)
      • CONSULTING
        • Table CONSULTING: BFSI SECURITY MARKET FOR INFORMATION SECURITY SERVICES, BY REGION, 2014-2021 (USD MILLION)
      • DESIGN & INTEGRATION
        • Table DESIGN & INTEGRATION: BFSI SECURITY MARKET FOR INFORMATION SECURITY SERVICES, BY REGION, 2014-2021 (USD MILLION)
      • RISK & THREAT ASSESSMENT
        • Table RISK & THREAT ASSESSMENT: BFSI SECURITY MARKET FOR INFORMATION SECURITY SERVICES, BY REGION, 2014-2021 (USD MILLION)
      • MANAGED SECURITY SERVICES
        • Table MANAGED SECURITY SERVICES: BFSI SECURITY MARKET FOR INFORMATION SECURITY SERVICES, BY REGION, 2014-2021 (USD MILLION)
      • TRAINING & EDUCATION
        • Table TRAINING & EDUCATION SERVICES: BFSI SECURITY MARKET FOR INFORMATION SECURITY, BY REGION, 2014-2021 (USD MILLION)
  • BFSI SECURITY MARKET, BY SUB-VERTICAL
    • INTRODUCTION
      • Table BFSI SECURITY MARKET SIZE, BY SUB-VERTICAL, 2014-2021 (USD MILLION)
    • BANKING
      • Table BANKING: BFSI SECURITY MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • INSURANCE COMPANIES
      • Table INSURANCE COMPANIES: BFSI SECURITY MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • OTHER FINANCIAL INSTITUTIONS
      • Table OTHER FINANCIAL INSTITUTIONS: BFSI SECURITY MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
  • REGIONAL ANALYSIS
    • INTRODUCTION
      • Table BFSI SECURITY MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • NORTH AMERICA
      • Table NORTH AMERICA: BFSI SECURITY MARKET, BY TYPE, 2014-2021 (USD MILLION)
      • Table NORTH AMERICA: BFSI SECURITY MARKET, BY PHYSICAL SECURITY, 2014-2021 (USD MILLION)
      • Table NORTH AMERICA: BFSI PHYSICAL SECURITY MARKET, BY SYSTEM & COMPONENT, 2014-2021 (USD MILLION)
      • Table NORTH AMERICA: BFSI PHYSICAL SECURITY MARKET, BY SERVICES, 2014-2021 (USD MILLION)
      • Table NORTH AMERICA: BFSI SECURITY MARKET, BY INFORMATION SECURITY, 2014-2021 (USD MILLION)
      • Table NORTH AMERICA: BFSI INFORMATION SECURITY MARKET, BY SYSTEM & COMPONENT, 2014-2021 (USD MILLION)
      • Table NORTH AMERICA: BFSI INFORMATION SECURITY MARKET, BY SERVICES, 2014-2021 (USD MILLION)
      • Table NORTH AMERICA: BFSI SECURITY MARKET, BY SUB-VERTICAL, 2014-2021 (USD MILLION)
    • EUROPE
      • Table EUROPE: BFSI SECURITY MARKET, BY TYPE, 2014-2020 (USD MILLION)
      • Table EUROPE: BFSI SECURITY MARKET, BY PHYSICAL SECURITY, 2014-2021 (USD MILLION)
      • Table EUROPE: BFSI PHYSICAL SECURITY MARKET, BY SYSTEM & COMPONENT, 2014-2021 (USD MILLION)
      • Table EUROPE: BFSI PHYSICAL SECURITY MARKET, BY SERVICE, 2014-2021 (USD MILLION)
      • Table EUROPE: BFSI SECURITY MARKET, BY INFORMATION SECURITY, 2014-2021 (USD MILLION)
      • Table EUROPE: BFSI INFORMATION SECURITY MARKET, BY SYSTEM AND COMPONENT, 2014-2021 (USD MILLION)
      • Table EUROPE: BFSI INFORMATION SECURITY MARKET, BY SERVICE, 2014-2021 (USD MILLION)
      • Table EUROPE: BFSI SECURITY MARKET, BY SUB-VERTICAL, 2014-2021 (USD MILLION)
    • ASIA-PACIFIC (APAC)
      • Table ASIA-PACIFIC: BFSI SECURITY MARKET, BY TYPE, 2014-2021 (USD MILLION)
      • Table ASIA-PACIFIC: BFSI SECURITY MARKET, BY PHYSICAL SECURITY, 2014-2021 (USD MILLION)
      • Table ASIA-PACIFIC: BFSI PHYSICAL SECURITY MARKET, BY SYSTEM & COMPONENT, 2014-2021 (USD MILLION)
      • Table ASIA-PACIFIC: BFSI PHYSICAL SECURITY MARKET, BY SERVICE, 2014-2021 (USD MILLION)
      • Table ASIA-PACIFIC: BFSI SECURITY MARKET, BY INFORMATION SECURITY, 2014-2021 (USD MILLION)
      • Table ASIA-PACIFIC: BFSI INFORMATION SECURITY MARKET, BY SYSTEM & COMPONENT, 2014-2021 (USD MILLION)
      • Table ASIA-PACIFIC: BFSI INFORMATION SECURITY MARKET, BY SERVICE, 2014-2021 (USD MILLION)
      • Table ASIA-PACIFIC: BFSI SECURITY MARKET, BY SUB-VERTICAL, 2014-2021 (USD MILLION)
    • MIDDLE EAST & AFRICA (MEA)
      • Table MIDDLE EAST & AFRICA: BFSI SECURITY MARKET, BY TYPE, 2014-2021 (USD MILLION)
      • Table MIDDLE EAST & AFRICA: BFSI SECURITY MARKET, BY PHYSICAL SECURITY, 2014-2021 (USD MILLION)
      • Table MIDDLE EAST & AFRICA: BFSI PHYSICAL SECURITY MARKET, BY SYSTEM & COMPONENT, 2014-2021 (USD MILLION)
      • Table MIDDLE EAST & AFRICA: BFSI PHYSICAL SECURITY MARKET, BY SERVICE, 2014-2021 (USD MILLION)
      • Table MIDDLE EAST & AFRICA: BFSI SECURITY MARKET, BY INFORMATION SECURITY, 2014-2021 (USD MILLION)
      • Table MIDDLE EAST & AFRICA: BFSI INFORMATION SECURITY MARKET, BY SYSTEM & COMPONENT, 2014-2021 (USD MILLION)
      • Table MIDDLE EAST & AFRICA: BFSI INFORMATION SECURITY MARKET, BY SERVICE, 2014-2021 (USD MILLION)
      • Table MIDDLE EAST & AFRICA: BFSI SECURITY MARKET, BY SUB-VERTICAL, 2014-2021 (USD MILLION)
    • LATIN AMERICA
      • Table LATIN AMERICA: BFSI SECURITY MARKET, BY TYPE, 2014-2021 (USD MILLION)
      • Table LATIN AMERICA: BFSI SECURITY MARKET, BY PHYSICAL SECURITY, 2014-2021 (USD MILLION)
      • Table LATIN AMERICA: BFSI PHYSICAL SECURITY MARKET, BY SYSTEM & COMPONENT, 2014-2021 (USD MILLION)
      • Table LATIN AMERICA: BFSI PHYSICAL SECURITY MARKET, BY SERVICES, 2014-2021 (USD MILLION)
      • Table LATIN AMERICA: BFSI SECURITY MARKET, BY INFORMATION SECURITY, 2014-2021 (USD MILLION)
      • Table LATIN AMERICA: BFSI INFORMATION SECURITY MARKET, BY SYSTEM & COMPONENT, 2014-2021 (USD MILLION)
      • Table LATIN AMERICA: BFSI INFORMATION SECURITY MARKET, BY SERVICE, 2014-2021 (USD MILLION)
      • Table LATIN AMERICA: BFSI SECURITY MARKET, BY SUB-VERTICAL, 2014-2021 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • COMPETITIVE SITUATION AND TRENDS
      • NEW PRODUCT LAUNCHES
        • Table NEW PRODUCT LAUNCHES, 2013-2016
      • PARTNERSHIPS, AGREEMENTS, AND COLLABORATIONS
        • Table PARTNERSHIPS, AGREEMENTS, AND COLLABORATIONS, 2014-2016
      • MERGERS AND ACQUISITIONS
        • Table MERGERS AND ACQUISITIONS, 2013-2015
      • EXPANSIONS
        • Table EXPANSIONS, 2013-2015
  • COMPANY PROFILES
    • CISCO SYSTEMS, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS AND SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • COMPUTER SCIENCES CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS AND SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • EMC CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS AND SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • HONEYWELL INTERNATIONAL, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS AND SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • IBM CORPORATION
      • BUSINESS OVERVIEW
      • SOLUTIONS AND SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • BOOZ ALLEN HAMILTON, INC.
      • BUSINESS OVERVIEW
      • SOLUTIONS AND SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • MCAFEE, INC. (INTEL SECURITY GROUP)
      • BUSINESS OVERVIEW
      • PRODUCTS AND SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • SOPHOS GROUP PLC.
      • BUSINESS OVERVIEW
      • PRODUCTS AND SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • SYMANTEC CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS AND SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • TREND MICRO INCORPORATED
      • BUSINESS OVERVIEW
      • SOLUTIONS AND SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
  • APPENDIX
    • INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS

BFSI Security Market by Information Security (IAM, Encryption, Disaster Recovery, UTM, Firewall, Security and Vulnerability Management, IDS/IPS, Data Loss Protection, Antivirus & Antimalware) & Physical Security - Global Forecast to 2021

“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”
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.

“The service segment of information security type is expected to grow at the highest CAGR during the forecast period”
The service segment is estimated to grow at the highest CAGR during the forecast period. This growth can be attributed to fact that the need for protection of critical BFSI infrastructures against advanced cybercrimes, along with the economical constraint of reducing operational costs, requires a coordinated and proactive approach towards information security services.

“The banking segment is estimated to account for the largest market share during the forecast period”
The banking segment is estimated to grow at the highest CAGR during the forecast period. The banking sector provides tremendous technological revolution in the form of ATMs, core banking, e-banking, mobile banking, and the associated services, such as real-time gross settlement (RTGS), centralized fund management system (CFMS), and use of credit, debit, and smart cards, among others. All these services require protection against cyber threats, which drives the growth of the BFSI security market.

“Asia-Pacific is expected to grow at the highest CAGR during the forecast period”
The Asia-Pacific region is projected to grow at the highest CAGR from 2016 to 2021. This growth can be mainly attributed to the increasing adoption of BFSI security solutions across India, China, Japan, and Australia. North America is expected to account for the largest market share in 2016 and the trend is expected to continue during the forecast period.

In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews were conducted with key people. The break-up of profiles of primary participants is given below:
By Company Type: Tier 1 – 40%, Tier 2 – 35%, and Tier 3 – 25%
By Designation: C-level – 28%, Director level – 43%, and Manager level – 29%
By Region: North America – 46%, Europe – 31%, Asia-Pacific – 15%, RoW – 8%
The various key players profiled in the report are as follows:
1. Cisco Systems, Inc. (U.S.)
2. Computer Sciences Corporation (CSC) (U.S.)
3. EMC Corporation (U.S.)
4. Honeywell International, Inc. (U.S.)
5. IBM Corporation (U.S.)
6. Booz Allen Hamilton, Inc. (U.S.)
7. McAfee, Inc. (Intel Security Group) (U.S.)
8. Sophos Group Plc. (U.S.)
9. Symantec Corporation (U.S.)
10. Trend Micro Incorporated (U.S)

Objectives of the Study:
To define and measure the global banking, financial services, and insurance (BFSI) security market, on the basis of security type, subvertical, and region
To provide detailed information regarding the key factors influencing market growth (drivers, restraints, opportunities, and challenges)
To strategically analyze subsegments with respect to individual growth trends, future prospects, and contribution to the total market
To forecast the market size with respect to five regional segments, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and Latin America
To track and analyze competitive developments, such as mergers & acquisitions, new product developments, and research and development (R&D) activities in the market

Target Audience:
IT Service Providers and Distributors
Cyber Security Vendors
BFSI Security Vendors
Value Added Resellers
Government Bodies and Departments
Cloud Service Providers
System Integrators
Technology Consultants


Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report

;