Global Cyber Security Market in BFSI sector to Grow at 13.14% CAGR by 2019

(IT-NEWSWIRE.COM, February 18, 2015 ) Dallas, TX -- 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.

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.

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

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Market Challenge

High Cost of Implementation

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Market Trend

Demand for Cloud-based Security Solutions

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?

RnR Market Research

Ritesh Tiwari

1 888 391 5441

sales@rnrmarketresearch.com

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