DUBLIN--(BUSINESS WIRE)--The "BFSI Security - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global BFSI Security Market to Reach $199.2 Billion by 2030
The global market for BFSI Security estimated at US$67.2 Billion in the year 2022, is projected to reach a revised size of US$199.2 Billion by 2030, growing at a CAGR of 14.5% over the analysis period 2022-2030.
This report provides a comprehensive analysis of the BFSI (Banking, Financial Services, and Insurance) security market, covering historical data, current market trends, and future projections.
The analysis is segmented into categories like BFSI Security, Physical Security, Information Security, Banks, Insurance Companies, and Other End-Uses, offering a comprehensive outlook on the market's past, present, and future trends.
Information Security, one of the segments analyzed in the report, is projected to record 15.6% CAGR and reach US$131.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Physical Security segment is readjusted to a revised 12.7% CAGR for the next 8-year period.
Key elements include an assessment of annual sales in US$ Million for the years 2022 through 2030, accompanied by percentage Compound Annual Growth Rates (CAGRs).
The U.S. Market is Estimated at $18.3 Billion, While China is Forecast to Grow at 20% CAGR
The analysis encompasses various geographic regions, including the USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
The BFSI Security market in the U.S. is estimated at US$18.3 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$48.5 Billion by the year 2030 trailing a CAGR of 20% over the analysis period 2022 to 2030.
Additionally, it offers a historical review of annual sales from 2014 to 2021, along with corresponding CAGRs. Furthermore, the report provides a 16-year perspective on value sales, breaking down the percentages across different geographic regions for select years (2014, 2023, and 2030).
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 9.2% and 12.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 10.7% CAGR.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- 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 Attributes:
| Report Attribute | Details |
| No. of Pages | 91 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $67.2 Billion |
| Forecasted Market Value (USD) by 2030 | $199.2 Billion |
| Compound Annual Growth Rate | 14.5% |
| Regions Covered | Global |
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)
FOCUS ON SELECT PLAYERS (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
For more information about this report visit https://www.researchandmarkets.com/r/mq28v5
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