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Insights on the $132.4 Billion BFSI Security Global Market to 2027 - Key Trends and Drivers - ResearchAndMarkets.com

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Press release content from Business Wire. The AP news staff was not involved in its creation.
December 22, 2022 GMT

DUBLIN--(BUSINESS WIRE)--Dec 22, 2022--

The “BFSI Security: Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.

The global market for BFSI Security estimated at US$55.4 Billion in the year 2020, is projected to reach a revised size of US$132.4 Billion by 2027, growing at a CAGR of 13.3% over the analysis period 2020-2027.

Information Security, one of the segments analyzed in the report, is projected to record 14.2% CAGR and reach US$85.7 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Physical Security segment is readjusted to a revised 11.7% CAGR for the next 7-year period.

The U.S. Market is Estimated at $15.1 Billion, While China is Forecast to Grow at 17.6% CAGR

The BFSI Security market in the U.S. is estimated at US$15.1 Billion in the year 2020. China, the world’s second largest economy, is forecast to reach a projected market size of US$29.1 Billion by the year 2027 trailing a CAGR of 17.7% over the analysis period 2020 to 2027.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 9.2% and 11.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 10.3% CAGR.

Select Competitors (Total 38 Featured) -

  • Booz Allen Hamilton, Inc.
  • Cisco Systems, Inc.
  • Computer Sciences Corporation
  • EMC Corporation
  • Honeywell International, Inc.
  • IBM Corporation
  • Mcafee, Inc. (Intel Security Group)
  • Sophos Group PLC.
  • Symantec Corporation
  • Trend Micro Incorporated

What’s New for 2022?

  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • BFSI Security - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/h86ca9

View source version on businesswire.com:https://www.businesswire.com/news/home/20221222005196/en/

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KEYWORD:

INDUSTRY KEYWORD: PROFESSIONAL SERVICES DATA MANAGEMENT TECHNOLOGY INSURANCE FINANCE BANKING

SOURCE: Research and Markets

Copyright Business Wire 2022.

PUB: 12/22/2022 04:42 AM/DISC: 12/22/2022 04:42 AM

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