Market Research Logo

BFSI Security Market by Information Security (IAM, Encryption, Disaster Recovery, UTM, Firewall, Security & Vulnerability Management, IDS/IPS, Data Loss Protection, Antivirus & Antimalware), by Physical Security - Global Forecast to 2020

BFSI Security Market by Information Security (IAM, Encryption, Disaster Recovery, UTM, Firewall, Security & Vulnerability Management, IDS/IPS, Data Loss Protection, Antivirus & Antimalware), by Physical Security - Global Forecast to 2020

Rise in the sophistication level of security breaches and the growing IoT market expected to drive the BFSI security market

The BFSI security market size is estimated to grow from USD 25.61 billion in 2015 to USD 44.38 billion by 2020, at a CAGR of 11.6% from 2015 to 2020. The BFSI security market is driven by factors such as rise in the sophistication level of security breaches, growing government regulations and standards for cyber security, growing IoT market, and rise in the adoption of cloud-based security solutions.

Physical security is expected to gain maximum traction during the forecast period
The physical security segment is estimated to hold the largest market share during the forecast period. However, the BFSI information security segment is also expected to gain traction because of its ability to protect the confidentiality, integrity, and availability of data against malicious intentions such as unauthorized access, modification of information, and denial of service to unauthorized users. System maintenance & support and managed security services are expected to grow at the highest CAGR from 2015 to 2020. However, training & education services are expected to hold the largest market share during the forecast period.

In the process of determining and verifying the market size for several segments and sub-segments gathered through secondary research, extensive primary interviews were conducted with key people in tier-1 (35%), tier-2 (45%), and tier-3 (20%) companies. The interviews were conducted with various key people, such as C-level (35%), Director Level (25%), and other executive level (40%), operating in the BFSI security marketplace. The primary interviews were conducted across the globe, covering regions such as North America (45%), Europe (20%), APAC (30%), and RoW (5%).

The latest security trends in financial segment include authentication, encryption, Data Leakage Prevention (DLP), data waste monitoring, managed security services, IP video surveillance, and biometric access control. The availability of cloud deployment options for BFSI security has further boosted the demand for cyber security solutions across the banking and insurance sectors. Therefore, mobile security and cloud security are the upcoming focus for the BFSI security market.

The various key BFSI security vendors and service providers profiled in the report are as follows:
1. Booz Allen Hamilton Inc.
2. Cisco Sytems Inc.
3. CSC
4. IBM Corporation
5. Honeywell International Inc.
6. EMC Corporation
7. McAfee Inc.
8. Sophos Group Plc.
9. Symantec Corporation
10. Trend Micro Inc.

The report will help the market leaders/new entrants in this market in the following ways:
1. This report segments the BFSI security market comprehensively and provides the closest approximations of the revenue numbers for the overall market and the subsegments across the different verticals and regions.
2. The report helps the stakeholders understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.
3. This report will help the stakeholders to better understand the competitors and gain more insights to better their position in the business. The competitive landscape section includes competitor ecosystem, new product developments, partnerships, mergers, and acquisitions.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
      • MARKETS COVERED
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • INTRODUCTION
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • MARKET BREAKDOWN AND DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS AND LIMITATIONS
      • ASSUMPTIONS
      • LIMITATIONS
  • EXECUTIVE SUMMARY
    • Table BFSI SECURITY MARKET SIZE AND GROWTH 2013-2020 (USD BILLION)
  • PREMIUM INSIGHTS
    • ATTRACTIVE MARKET OPPORTUNITIES IN THE BFSI SECURITY MARKET
    • BFSI SECURITY MARKET, BY SUB-VERTICAL, 2015-2020
    • BFSI SECURITY, EUROPE: PHYSICAL SECURITY SOLUTION VS. INFORMATION SECURITY SOLUTION
    • LIFECYCLE ANALYSIS, BY REGION
  • MARKET OVERVIEW
    • INTRODUCTION
    • EVOLUTION
    • MARKET SEGMENTATION
      • BY TYPE
      • BY SUB-VERTICAL
      • BY REGION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
    • BURNING ISSUES
  • INDUSTRY TRENDS
    • BFSI SECURITY: VALUE CHAIN ANALYSIS
    • PORTER'S FIVE FORCES ANALYSIS
      • THREAT OF NEW ENTRANTS
      • BARGAINING POWER OF BUYERS
      • THREAT OF SUBSTITUTES
      • BARGAINING POWER OF SUPPLIERS
      • INTENSITY OF COMPETITIVE RIVALRY
  • BFSI SECURITY MARKET ANALYSIS, BY SECURITY TYPE
    • INTRODUCTION
      • Table BFSI SECURITY MARKET SIZE, BY SECURITY TYPE, 2013-2020 (USD MILLION)
    • PHYSICAL SECURITY
      • Table PHYSICAL SECURITY MARKET: BFSI SECURITY MARKET SIZE, BY REGION, 013-2020 (USD MILLION)
    • INFORMATION SECURITY
      • Table INFORMATION SECURITY MARKET: BFSI SECURITY MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
  • BFSI PHYSICAL SECURITY MARKET ANALYSIS, BY SYSTEM AND COMPONENTS AND BY SERVICE
    • INTRODUCTION
      • Table BFSI PHYSICAL SECURITY MARKET SIZE , BY TYPE 2013-2020 (USD MILLION)
    • SYSTEM AND COMPONENTS
      • Table BFSI PHYSICAL SECURITY MARKET SIZE, BY SYSTEM AND COMPONENT, 2013-2020 (USD MILLION)
      • Table SYSTEM AND COMPONENTS: BFSI PHYSICAL SECURITY MARKET SIZE , BY REGION, 2013-2020 (USD MILLION)
      • VIDEO SURVEILLANCE
        • Table VIDEO SURVEILLANCE : BFSI PHYSICAL SECURITY MARKET SIZE , BY REGION, 2013-2020 (USD MILLION)
      • ACCESS CONTROL
        • Table ACCESS CONTROL : BFSI PHYSICAL SECURITY MARKET SIZE , BY REGION, 2013-2020 (USD MILLION)
      • INTRUSION AND FIRE DETECTION
        • Table INTRUSION AND FIRE DETECTION : BFSI PHYSICAL SECURITY MARKET SIZE , BY REGION, 2013-2020 (USD MILLION)
      • PHYSICAL SECURITY INFORMATION MANAGEMENT (PSIM)
        • Table PHYSICAL SECURITY INFORMATION MANAGEMENT : BFSI PHYSICAL SECURITY MARKET SIZE , BY REGION, 2013-2020 (USD MILLION)
    • SERVICES
      • Table BFSI PHYSICAL SECURITY MARKET SIZE, BY SERVICE, 2013-2020 (USD MILLION)
      • Table SERVICES: BFSI PHYSICAL SECURITY MARKET SIZE , BY REGION, 2013-2020 (USD MILLION)
      • SYSTEM INTEGRATION
        • Table SYSTEM INTEGRATION: BFSI PHYSICAL SECURITY MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
      • MAINTENANCE AND SUPPORT
        • Table MAINTENANCE AND SUPPORT: BFSI PHYSICAL SECURITY MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
      • DESIGN AND CONSULTING
        • Table DESIGN AND CONSULTING: BFSI PHYSICAL SECURITY MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
  • BFSI INFORMATION SECURITY MARKET ANALYSIS, BY SYSTEM AND COMPONENT AND BY SERVICE
    • INTRODUCTION
      • Table BFSI SECURITY MARKET SIZE, BY INFORMATION SECURITY TYPE, 2013-2020 (USD MILLION)
    • SYSTEM AND COMPONENTS
      • Table BFSI INFORMATION SECURITY MARKET SIZE, BY SYSTEM AND COMPONENT, 2013-2020 (USD MILLION)
      • Table SYSTEM AND COMPONENTS MARKET: BFSI INFORMATION SECURITY MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
      • IDENTITY AND ACCESS MANAGEMENT
        • Table IDENTITY AND ACCESS MANAGEMENT: BFSI INFORMATION SECURITY MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
      • RISK AND COMPLIANCE MANAGEMENT
        • Table RISK AND COMPLIANCE MANAGEMENT: BFSI INFORMATION SECURITY MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
      • ENCRYPTION
        • Table ENCRYPTION: BFSI INFORMATION SECURITY MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
      • DISASTER RECOVERY
        • Table DISASTER RECOVERY: BFSI INFORMATION SECURITY MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
      • UNIFIED THREAT MANAGEMENT (UTM)
        • Table UNIFIED THREAT MANAGEMENT: BFSI INFORMATION SECURITY MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
      • FIREWALL
        • Table FIREWALL: BFSI INFORMATION SECURITY MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
      • DDOS MITIGATION
        • Table DDOS MITIGATION: BFSI INFORMATION SECURITY MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
      • SECURITY AND VULNERABILITY MANAGEMENT
        • Table SECURITY AND VULNERABILITY MANAGEMENT: BFSI INFORMATION SECURITY MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
      • INTRUSION DETECTION SYSTEM/INTRUSION PREVENTION SYSTEM (IDS/IPS)
        • Table IDS/IPS: BFSI INFORMATION SECURITY MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
      • DATA LOSS PROTECTION (DLP)
        • Table DATA LOSS PROTECTION (DLP): BFSI INFORMATION SECURITY MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
      • ANTIVIRUS AND ANTI-MALWARE
        • Table ANTIVIRUS AND ANTI-MALWARE: BFSI INFORMATION SECURITY MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
      • WEB FILTERING
        • Table WEB FILTERING: BFSI INFORMATION SECURITY MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
      • OTHERS
        • Table OTHERS: BFSI INFORMATION SECURITY MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
    • SERVICES
      • Table BFSI INFORMATION SECURITY MARKET SIZE , BY SERVICE, 2013-2020 (USD MILLION)
      • Table SERVICES: BFSI INFORMATION SECURITY MARKET SIZE , BY REGION, 2013-2020 (USD MILLION)
      • CONSULTING
        • Table CONSULTING SERVICES: BFSI INFORMATION SECURITY MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
      • DESIGN AND INTEGRATION
        • Table DESIGN AND INTEGRATION SERVICES: BFSI INFORMATION SECURITY MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
      • RISK AND THREAT ASSESSMENT
        • Table RISK AND THREAT ASSESSMENT SERVICES: BFSI INFORMATION SECURITY MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
      • MANAGED SECURITY SERVICES
        • Table MANAGED SECURITY SERVICES: BFSI INFORMATION SECURITY MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
      • TRAINING AND EDUCATION
        • Table TRAINING AND EDUCATION SERVICES: BFSI INFORMATION SECURITY MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
  • BFSI SECURITY MARKET ANALYSIS, BY SUB-VERTICAL
    • INTRODUCTION
      • Table BFSI SECURITY MARKET SIZE, BY SUB-VERTICAL, 2013-2020 (USD MILLION)
    • BANKING
      • Table BANKING: BFSI SECURITY MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
    • INSURANCE COMPANIES
      • Table INSURANCE COMPANIES: BFSI SECURITY MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
    • OTHER FINANCIAL INSTITUTIONS
      • Table OTHER FINANCIAL INSTITUTIONS: BFSI SECURITY MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
  • GEOGRAPHIC ANALYSIS
    • INTRODUCTION
      • Table BFSI SECURITY MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
    • NORTH AMERICA
      • Table NORTH AMERICA: BFSI SECURITY MARKET SIZE, BY TYPE, 2013-2020 (USD MILLION)
      • Table NORTH AMERICA: BFSI SECURITY MARKET SIZE, BY PHYSICAL SECURITY, 2013-2020 (USD MILLION)
      • Table NORTH AMERICA: BFSI PHYSICAL SECURITY MARKET SIZE, BY SYSTEM AND COMPONENT, 2013-2020 (USD MILLION)
      • Table NORTH AMERICA: BFSI PHYSICAL SECURITY MARKET SIZE, BY SERVICE, 2013-2020 (USD MILLION)
      • Table NORTH AMERICA: BFSI SECURITY MARKET SIZE, BY INFORMATION SECURITY TYPE, 2013-2020 (USD MILLION)
      • Table NORTH AMERICA: BFSI INFORMATION SECURITY MARKET SIZE, BY SYSTEM AND COMPONENT, 2013-2020 (USD MILLION)
      • Table NORTH AMERICA: BFSI INFORMATION SECURITY MARKET SIZE, BY SERVICE, 2013-2020 (USD MILLION)
      • Table NORTH AMERICA: BFSI SECURITY MARKET SIZE, BY SUB-VERTICAL, 2013-2020 (USD MILLION)
    • EUROPE
      • Table EUROPE: BFSI SECURITY MARKET SIZE, BY TYPE, 2013-2020 (USD MILLION)
      • Table EUROPE: BFSI SECURITY MARKET SIZE, BY PHYSICAL SECURITY, 2013-2020 (USD MILLION)
      • Table EUROPE: BFSI PHYSICAL SECURITY MARKET SIZE, BY SYSTEM AND COMPONENT, 2013-2020 (USD MILLION)
      • Table EUROPE: BFSI PHYSICAL SECURITY MARKET SIZE, BY SERVICE, 2013-2020 (USD MILLION)
      • Table EUROPE: BFSI SECURITY MARKET SIZE, BY INFORMATION SECURITY TYPE, 2013-2020 (USD MILLION)
      • Table EUROPE: BFSI INFORMATION SECURITY MARKET SIZE, BY SYSTEM AND COMPONENT, 2013-2020 (USD MILLION)
      • Table EUROPE: BFSI INFORMATION SECURITY MARKET SIZE, BY SERVICE, 2013-2020 (USD MILLION)
      • Table EUROPE: BFSI SECURITY MARKET SIZE, BY SUB-VERTICAL, 2013-2020 (USD MILLION)
    • ASIA-PACIFIC
      • Table ASIA-PACIFIC: BFSI SECURITY MARKET SIZE, BY TYPE, 2013-2020 (USD MILLION)
      • Table ASIA-PACIFIC: BFSI SECURITY MARKET SIZE, BY PHYSICAL SECURITY TYPE, 2013-2020 (USD MILLION)
      • Table ASIA-PACIFIC: BFSI PHYSICAL SECURITY MARKET SIZE, BY SYSTEM AND COMPONENT, 2013-2020 (USD MILLION)
      • Table ASIA-PACIFIC: BFSI PHYSICAL SECURITY MARKET SIZE, BY SERVICE, 2013-2020 (USD MILLION)
      • Table ASIA-PACIFIC: BFSI SECURITY MARKET SIZE, BY INFORMATION SECURITY TYPE, 2013-2020 (USD MILLION)
      • Table ASIA-PACIFIC: BFSI INFORMATION SECURITY MARKET SIZE, BY SYSTEM AND COMPONENT, 2013-2020 (USD MILLION)
      • Table ASIA-PACIFIC: BFSI INFORMATION SECURITY MARKET SIZE, BY SERVICE, 2013-2020 (USD MILLION)
      • Table ASIA-PACIFIC: BFSI SECURITY MARKET SIZE, BY SUB-VERTICAL, 2013-2020 (USD MILLION)
    • MIDDLE EAST AND AFRICA
      • Table MIDDLE EAST AND AFRICA: BFSI SECURITY MARKET SIZE, BY TYPE, 2013-2020 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: BFSI SECURITY MARKET SIZE, BY PHYSICAL SECURITY, 2013-2020 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: BFSI PHYSICAL SECURITY MARKET SIZE, BY SYSTEM AND COMPONENT, 2013-2020 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: BFSI PHYSICAL SECURITY MARKET SIZE, BY SERVICE, 2013-2020 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: BFSI SECURITY MARKET SIZE, BY INFORMATION SECURITY TYPE, 2013-2020 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: BFSI INFORMATION SECURITY MARKET SIZE, BY SYSTEM AND COMPONENT, 2013-2020 (USD MILLION)
      • Table MIDDLE EAST ANDAFRICA: BFSI INFORMATION SECURITY MARKET SIZE, BY SERVICE, 2013-2020 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: BFSI SECURITY MARKET SIZE, BY SUB-VERTICAL, 2013-2020 (USD MILLION)
    • LATIN AMERICA
      • Table LATIN AMERICA: BFSI SECURITY MARKET SIZE, BY TYPE, 2013-2020 (USD MILLION)
      • Table LATIN AMERICA: BFSI SECURITY MARKET SIZE, BY PHYSICAL SECURITY TYPE, 2013-2020 (USD MILLION)
      • Table LATIN AMERICA: BFSI PHYSICAL SECURITY MARKET SIZE, BY SYSTEM AND COMPONENT, 2013-2020 (USD MILLION)
      • Table LATIN AMERICA: BFSI PHYSICAL SECURITY MARKET SIZE, BY SERVICE, 2013-2020 (USD MILLION)
      • Table LATIN AMERICA: BFSI SECURITY MARKET SIZE, BY INFORMATION SECURITY TYPE, 2013-2020 (USD MILLION)
      • Table LATIN AMERICA: BFSI INFORMATION SECURITY MARKET SIZE, BY SYSTEM AND COMPONENT, 2013-2020 (USD MILLION)
      • Table LATIN AMERICA: BFSI INFORMATION SECURITY MARKET SIZE, BY SERVICE, 2013-2020 (USD MILLION)
      • Table LATIN AMERICA: BFSI SECURITY MARKET SIZE, BY SUB-VERTICAL, 2013-2020 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • COMPETITIVE SITUATION AND TRENDS
      • NEW PRODUCT LAUNCHES
        • Table NEW PRODUCT LAUNCHES, 2013-2015
      • PARTNERSHIPS, AGREEMENTS, AND COLLABORATIONS
        • Table PARTNERSHIPS, AGREEMENTS, AND COLLABORATIONS, 2013-2015
      • MERGERS AND ACQUISITIONS
        • Table MERGERS AND ACQUISITIONS, 2013-2015
      • EXPANSIONS
        • Table EXPANSIONS, 2013-2015
  • COMPANY PROFILES
    • INTRODUCTION
    • BOOZ ALLEN HAMILTON, INC.
      • BUSINESS OVERVIEW
      • SOLUTIONS AND SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • CISCO SYSTEMS, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS AND SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • CSC
      • BUSINESS OVERVIEW
      • PRODUCTS AND SERVICES
      • 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
    • MCAFEE, INC. (INTEL SECURITY GROUP)
      • BUSINESS OVERVIEW
      • PRODUCTS AND SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • SOPHOS GROUP PLC.
      • BUSINESS OVERVIEW
      • PRODUCTS AND SOLUTIONS 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
    • DISCUSSION GUIDE
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS

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