Global BFSI Security Industry

Global BFSI Security Industry

  • April 2021 •
  • 272 pages •
  • Report ID: 6030910 •
  • Format: PDF
Abstract:
- Global BFSI Security Market to Reach $77.7 Billion by 2027
- Amid the COVID-19 crisis, the global market for BFSI Security estimated at US$43 Billion in the year 2020, is projected to reach a revised size of US$77.7 Billion by 2027, growing at aCAGR of 8.8% over the period 2020-2027. Physical Security, one of the segments analyzed in the report, is projected to record 9.6% CAGR and reach US$47.9 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Information Security segment is readjusted to a revised 7.7% CAGR for the next 7-year period.
- The U.S. Market is Estimated at $11.6 Billion, While China is Forecast to Grow at 13.3% CAGR
- The BFSI Security market in the U.S. is estimated at US$11.6 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$18.2 Billion by the year 2027 trailing a CAGR of 13.4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.7% and 7.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 5.7% 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