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BFSI Security Market Witness the Growth of $48.95 Billion by 2021
The report provides insights on the BFSI security market, which is segmented on the basis of type, physical security, information security, sub vertical, and region.
This press release was orginally distributed by SBWire
Northbrook, IL (SBWIRE) 12/11/2020 According to a research report BFSI Security Market by Information Security (IAM, Encryption, Disaster Recovery, UTM, Firewall, Security and Vulnerability Management, IDS/IPS, Data Loss Protection, Antivirus & Antimalware) & Physical Security - Global Forecast to 2021 , The BFSI security market is estimated to grow from USD 30.23 Billion in 2016 to USD 48.95 Billion by 2021, at a CAGR of 10.1%. This growth can be attributed to the increasing adoption of cloud-based security solutions, enforcement of regulatory security compliance, and the increasing risk of cyber threats against BFSI infrastructure.