BFSI Security Market to Showcase Impressive Growth Rate Worth $74.3 Billion By 2025

1. BFSI Security Market to Showcase Impressive Growth Rate Worth $74.3 Billion By 2025 “BFSI payment gateway needs efficient safety solution in order to prevent any potential breach. Growing cloud adoption require enhanced safety solution. Owing to the increasing digitalization in Asia Pacific BFSI industry, the region offers a lucrative growth opportunity.” The “BFSI Security Market” report gives a massive source to analyze the industry and other fundamental technicalities identifying with it. The examination discloses the total assessment and veritable parts of the BFSI security market. This study exhibits a straightforward outline of the industry, that integrates applications, blueprints, industry chain structure, and definitions. This report prepares a case for investments in different regions based on a practical view of their regulatory outline, manufacturing dynamics, and availability of skills and resources in that region. The global BFSI security market size is anticipated to be USD 74.3 billion by 2025. The market is projected to register over 13% CAGR from 2019 to 2025, as per a new report published by Million Insights. The rise in incidents of data theft and malware attacks are fuelling the growth of the market. BFSI data are highly critical and contains personal information of consumers. Therefore, increasing cyber threats has encouraged financial solution providers to incorporate safety solutions. BFSI payment gateway needs efficient safety solution in order to prevent any potential breach. Growing cloud adoption require enhanced safety solution. Owing to the increasing digitalization in Asia Pacific BFSI industry, the region offers a lucrative growth opportunity. The demand for threat management software and firewall has gained significant traction owing to the increasing focus on protecting consumer data. Companies have upped their investment in cybersecurity. Moreover, various governments have introduced regulations pertaining to data protection, which, in turn, drive the market growth. The industry is characterized by the presence of a large number of companies. Tier 1 companies account for the significant amount of share in the market. Collaboration and acquisition are the major strategic initiatives adopted by the market players. Owing to the dynamic nature of malware attacks, companies have increased their expenditure on research and development. Request Sample Copy of This Market Research @ https://www.millioninsights.com/industry-reports/global-bfsi-security-market/request-sample

2. Further key findings from the report suggest: • The Physical Security Information Management (PSIM) category is anticipated to register a CAGR of 18.7% over the forecast duration. • The encryption software division is predicted to expand at 17.5% CAGR from 2019 to 2025. • Asia Pacific is projected to grow with the highest pace owing to the implementation of threat management solutions. • Major market players in the BFSI security market are Axis Communications, Symantec Corporation, McAfee, Inc., Honeywell International and Dell EMC among others. Browse Full Research Report @ https://www.millioninsights.com/industry-reports/global-bfsi-security-market Million Insights has segmented the global BFSI security market based on physical security, information security, end use, and region: BFSI Physical Security Outlook (Revenue, USD Billion, 2014 - 2025) • Software • Video Surveillance • Access Control • Intrusion and Fire Detection • Physical Security Information Management (PSIM) • Service • Consulting & Training Services • Integration & Maintenance Services • Managed Security Services

3. BFSI Information Security Outlook (Revenue, USD Billion, 2014 - 2025) • Software • Antivirus & Antimalware • Data Loss Protection • Disaster Recovery • Encryption • Firewall • Identity Access Management • Security and Vulnerability Management • Unified Threat Management • Service • Consulting & Training Services • Integration & Maintenance Services • Managed Security Services BFSI Security End-use Outlook (Revenue, USD Billion, 2014 - 2025) • Banking • Insurance Companies BFSI Security Regional Outlook (Revenue, USD Billion, 2014 - 2025) • North America • U.S. • Canada • Europe • U.K. • Germany • Asia Pacific • China • India • Japan

4. • Latin America • Brazil • Mexico • MEA See More Reports of this Category by Million Insights @ https://www.millioninsights.com/industry/computing-and-technology Get in touch At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions. Contact Person: Ryan Manuel Research Support Specialist, USA Email: ryan@millioninsights.com Global Headquarters Million Insights 410 E Santa Clara Street, Unit #1008 San Jose,CA 95113, United States Phone: 1-408-610-2300 Email: sales@millioninsights.com Asia Pacific Million Insights Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar, Pune, MH, 411016 India Phone: 91-8956380892