About Cyber Security Cyber threats are web-based threats such as data thefts and identity thefts. They disrupt IT systems in organizations and hack critical information using malware, spyware, or by phishing. Cyber security solutions help organizations in the BFSI sector to report, monitor, detect, and counter cyber threats while maintaining the confidentiality of information systems. In addition, they can be deployed as on-premises, cloud-based, or hybrid models. In the current scenario, increased internet penetration has given exponential rise to sophisticated attacks on IT business infrastructure. Attackers are increasingly gaining access to sensitive information such as credit card details and other financial information. Organizations in the BFSI sector are adopting cyber security solutions to protect critical information or any kind of digitized information stored in a PC or in any digital memory device.
TechNavio's analysts forecast the Global Cyber Security market in the BFSI sector to grow at a CAGR of 13.14 percent over the period 2014-2019.
Covered in this Report This report covers the present scenario and the growth prospects of the Global Cyber Security market in the BFSI sector for the period 2015-2019. To calculate the market size, the report considers revenue generated from the installation of cyber security solutions in the BFSI sector.
TechNavio's report, the Global Cyber Security Market in the BFSI Sector 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the APAC region, Europe, Latin America, the MEA region, and North America; it also covers the landscape of the Global Cyber Security market in the BFSI sector and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
Key Regions • APAC • Europe • Latin America • MEA • North America
Key Vendors • BAE Systems • Booz Allen Hamilton • CSC • Symantec • TrendMicro
Other Prominent Vendors • 41st Parameter • Check Point • Crewe Fox • FireEye • IBM • Skybox Security • ThreatMetrix • Verint Systems • WhiteHat Security
Market Driver • Increased Use of Mobile Devices • For a full, detailed list, view our report
Market Challenge • High Cost of Implementation • For a full, detailed list, view our report
Market Trend • Demand for Cloud-based Security Solutions • For a full, detailed list, view our report
Key Questions Answered in this Report • What will the market size be in 2019 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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