Global BFSI Security Market 2016-2020

  • ID: 3633330
  • Report
  • Region: Global
  • 83 pages
  • TechNavio
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The Physical and Cyber Segments are Growing in Tandem in the BFSI Security Market

FEATURED COMPANIES

  • Arecont Vision
  • Bosch Security Systems
  • Experian
  • Honeywell Security
  • McAfee
  • Salient Systems
  • MORE
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. The global BFSI security market is forecast to grow at a CAGR of 13.39% during the period 2016-2020.

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

The 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 drivers
- Adoption of cloud-based services

Market challenges
- Issues with integration

Market trends
- Growing adoption of IP-based video surveillance solutions

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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FEATURED COMPANIES

  • Arecont Vision
  • Bosch Security Systems
  • Experian
  • Honeywell Security
  • McAfee
  • Salient Systems
  • MORE
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: About the Author

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
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FEATURED COMPANIES

  • Arecont Vision
  • Bosch Security Systems
  • Experian
  • Honeywell Security
  • McAfee
  • Salient Systems
  • MORE
The following companies are recognised as the key players in the Global BFSI Security Market: Top offerings for physical security - Axis Communications, Bosch Security Systems, and Honeywell Security. Top offerings for cyber security – IBM, McAfee, and Symantec.

Other Prominent Vendors in the market are: 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, and VidSys.

Commenting on the report, an analyst from the research team said: “An IP video surveillance system includes a number of components including cameras, video recorders, and storage devices. Private and public financial institutions are starting to use high-definition (HD) cameras, as they have high-quality imaging and 180 days of video storage. IP cameras are inexpensive when compared to analog cameras, and they offer advantages such as scalability and flexibility.”

According to the report, cloud-based services are being adopted rapidly for authentication processes, video management systems, and storing biometrics information. Banks are storing their confidential data on the cloud, which makes it important to secure such confidential data from unauthorized access. The adoption of cloud-based services is increasing more rapidly in small and medium-sized enterprises (SMEs) compared to large enterprises as cloud-based services work on a pay-per-use model.

Furthermore, the report states that many organizations face integration issues while implementing new cyber security and physical security solutions. These solutions may not be compatible with the existing setup of an organization. Though most of the available security solutions are independent, they may face issues while trying to integrate with other security solutions.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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- Arecont Vision
- Assa Abloy
- Avigilon
- Axis Communications
- AxxonSoft
- Bosch Security Systems
- Check Point Software Technologies
- CNL Software
- Crewe Fox
- CSC
- EMC
- Experian
- F-Secure
- Fortinet
- Genetec
- H3C Technologies
- Hewlett-Packard Enterprise
- Honeywell Security
- IBM
- Juniper Networks
- Kaspersky Lab
- March Networks
- McAfee
- MOBOTIX
- Panasonic
- Qognify
- Safran
- Salient Systems
- Samsung Techwin
- Skybox Security
- Sophos
- Symantec
- ThreatMetrix
- Tyco
- Verint Systems
- videoNEXT
- VidSys
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