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 IMARC Group, a leading market research company, has recently releases report titled “ BFSI Security Market Report by Type (Physical Security, Cyber Security), Physical Security Offering (System, Service), Information Security Offering (Solution, Service), Enterprise Size (Large Enterprises, Small and Medium Enterprises), End User (Banks, Insurance Companies, and Others), and Region 2024-2032 ”, Offers a comprehensive analysis of the industry, which comprises insights on the market. How Big is the BFSI Security Market? The global BFSI security market size reached US$ 60.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 131.4 Billion by 2032, exhibiting a growth rate (CAGR) of 8.6% during 2024-2032. Industry Overview of BFSI Security Banking, financial services and insurance (BFSI) security represents the adoption of security solutions and services by financial organizations to mitigate the risk of security breaches and prevent monetary frauds. So...

 According to the latest report by IMARC Group, titled  “ BFSI Security Market Size : Global Industry Trends, Share, Growth, Opportunity and Forecast 2022-2027 ,” offers a comprehensive analysis of the industry, which comprises insights on the global BFSI security market. The report also includes competitor and regional analysis, and contemporary advancements in the market. The global BFSI security market size reached US$ 49.9 Billion in 2021 . Looking forward, the market value is anticipated to reach US$ 89.1 Billion by 2027 , expanding at a CAGR of 10.10% during the forecast period (2022-2027). Banking, financial services and insurance (BFSI) security is concerned with the employment of security services and solutions by financial organizations to alleviate the risk of security breaches and prevent monetary fraud. Some commonly used security services include antivirus, encryption, firewall, access control, video surveillance, identity and access management, risk and c...