The Global Report on Cyber Security in Financial Services Market Size, Status, Growth and Forecast 2021-2026.
The report provides a unique tool for evaluating the Cyber Security in Financial Services Market highlighting opportunities, and supporting strategic and tactical decision-making. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date marketing information is essential to monitor performance and make critical decisions for growth and profitability. It provides information on trends to identify emerging technologies and development, and focuses on market capacities and on the changing structure of the Cyber Security in Financial Services Industry.
Global Cyber Security in Financial Services Market was valued US$ XX Bn in 2019 and is expected to reach US$ 59.04 Billion at a CAGR of 14.32% by 2026.
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Top Companies: Experian Information Solutions, IBM Corporation, Accenture, Airbus, AlienVault
Market Key Dynamics:
The companies that offer financial services using technology or some application possess a major threat of being attacked. Because these applications only run with the help of Internet, so the chances of the data being hacked are high. These data mainly contains the personal information like bank details, credit number and various other data. If the data is not being properly handled it will cause a great loss. Hence such companies should assure that they are well secured and make sure that they use the latest cyber security services in order to curb these cybercrimes.
Market Key Analysis:
- In terms of revenue, cybersecurity in financial services market is expected to reach US$ 59.04 Billion by 2027, expanding at a CAGR of 9.5%
- On the basis of type of security, network security accounted for more than 38% of the market share in 2018.
- Based on the service type, professional services segment currently holds the major market share and…