Insights on the $132.4 Billion BFSI Security Global Market to 2027 - Key Trends and Drivers - ResearchAndMarkets.com
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:
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
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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SOURCE: Research and Markets
Copyright Business Wire 2022.
PUB: 12/22/2022 04:42 AM/DISC: 12/22/2022 04:42 AM