Global Physical Security Market in BFSI 2015-2019 - What are the market opportunities and threats faced by the key vendors?

Jul 20, 2015, 18:18 ET from Research and Markets

DUBLIN, July 20, 2015 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/z4x47h/global_physical) has announced the addition of the "Global Physical Security Market in BFSI 2015-2019" report to their offering.

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The analysts forecast the global physical security market in BFSI sector to grow at a CAGR of 8.79% over the period 2014-2019.

The report, Global Physical Security Market in BFSI Sector 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APA, and EMEA; it also covers the global physical security market landscape in BFSI sector and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

An IP video surveillance system includes a number of components such as cameras, video recorders, and storage devices. Private and public financial institutions are starting to use HD cameras, as they have high-quality imaging and 180 days of video storage. Also, IP cameras are inexpensive when compared to analog cameras, and they offer advantages such as scalability and flexibility.

According to the report, organizations are facing increased data theft and unauthorized access. The leakage of a company's confidential data on financials, customers, and even strategies can damage its brand value. This can also affect its customer base adversely. The BFSI sector faces threats both from within and from external sources, and therefore adopts monitoring solutions. Also, the increased use of ATMs and online banking solutions means that monitoring solutions are needed to ensure the security of customer information and money. Further, banks use data centers to store financial information and customer data, which needs to be secured. These factors have led to the rapid adoption of monitoring solutions.

Further, the report states that the high initial investments required to set up a physical security infrastructure is hindering the market growth.

To calculate the market size, the report considers the revenue generated from the sales of the following components: 

  • Access control systems
  • Cloud-based services
  • Physical security software
  • Surveillance systems

Key Vendors 

  • Axis Communications
  • Bosch Security Systems
  • Cisco Systems
  • Honeywell Security Group
  • NICE Systems
  • Tyco

Other Prominent Vendors 

  • Arecont Vision
  • Assa Abloy
  • Avigilon
  • AxxonSoft
  • CNL Software
  • Genetec
  • H3C Technologies
  • March Networks
  • MOBOTIX
  • Panasonic
  • Safran
  • Salient Systems
  • Samsung Techwin
  • videoNEXT
  • VidSys

Key Topics Covered: 

  1. Executive Summary
  2. List of Abbreviations
  3. Scope of the Report
  4. Market Research Methodology
  5. Introduction
  6. Market Description
  7. Market Landscape
  8. Product Life Cycle Analysis
  9. Market Segmentation by Components
  10. Geographical Segmentation
  11. Buying Criteria
  12. Market Growth Drivers
  13. Drivers and their Impact
  14. Market Challenges
  15. Impact of Drivers and Challenges
  16. Market Trends
  17. Trends and their Impact
  18. Vendor Landscape
  19. Key Vendor Analysis

For more information visit http://www.researchandmarkets.com/research/z4x47h/global_physical


Media Contact: Laura Wood , +353-1-481-1716, press@researchandmarkets.net


SOURCE Research and Markets