BFSI stands for Banking, Financial Services and Insurance. BFSI generally consists of commercial banks, non-bank financial institutions, insurance companies, cooperatives, mutual funds, pension funds and other small financial institutions. Banking includes core banking, personal, retail, corporate cards and investment. Financial services include stock broking, mutual funds, and payment gateways. Insurance includes both life (survival) and non-life (life-free). Electronic financial platforms are being used as an efficient way to remotely process bank transactions. These banking transactions run on web-based applications over the Internet and are accompanied by security risks that expose your data to hackers.
As demand for integrated security solutions grows, it is one of the leading factors in the global BFSI security market. It also contributes to the positive growth of the BFSI security market as the preference for a common security platform reduces the cost and complexity of financial services.
Increased use of mobile data and increased digitization are driving the need for BFSI security at the global level. Along with stringent government regulations on data security, Internet penetration is expected to have a positive impact on the BFSI security market.
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Companies Profiled in this Report includes, Cisco Systems, Computer Sciences Corporation, EMC Corporation, Honeywell International, IBM Corporation, Booz Allen Hamilton, McAfee, Inc. ,Sophos Group , Symantec Corporation, Trend Micro Incorporated.
By Application, BFSI Security
Other Financial Institutions
Major industry players from around the world regions such as Asia Pacific, North America, Central and South America, Africa and India have been introduced. It also provides a comprehensive overview of the competitive environment that helps differentiate competition at the global and national level. Various business models were used to discover risks and challenges in front of the business.
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We also offer online and offline activities to improve your company’s performance. It also consists of a variety of methodologies for identifying customers and potential customers.
What are the key features report offers?
- It proposes several ways for discovering the market growth opportunities.
- It signifies the several statistics of financial terms in the businesses.
- It delivers insights into features affecting the growth of the BFSI Security market.
- Moreover, it gives big data of historical records, existing statistics, and futuristic developments.
- It compromises the country level regional analysis of the market in terms of size and possibility for the BFSI Security market.
- It offers the strategic planning practices for the BFSI Security industries.
- It checks and analyzes the competitive landscape at the internal and global platforms.
The report also looks at the important factors that are affecting the growth of the global BFSI Security market. This statistical report also offers various internal and external driving as well as restraining factors for this research report.
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