Threat Intelligence in BFSI Market By Component (Solutions, Services), By Deployment Mode (On-Premises, Cloud), By Enterprises Size (Large Enterprises, Small and Medium-sized Enterprises (SMEs)), By Application (Anti-money laundering and Fraud Management,

Threat Intelligence in BFSI Market By Component (Solutions, Services), By Deployment Mode (On-Premises, Cloud), By Enterprises Size (Large Enterprises, Small and Medium-sized Enterprises (SMEs)), By Application (Anti-money laundering and Fraud Management, Risk and Compliance Management, Identity Management, Others), By End User (Banks, Insurance Companies, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031

Threat intelligence is data that is collected, processed, and analyzed to understand the motives, targets, and attack behaviors of the threat actor. It enables to make faster, more informed, data-backed security decisions and change their behavior from reactive to proactive in the fight against threat actors. Furthermore, the surge in threat of cyber-attacks against financial organizations has made traditional cybersecurity measures virtually outdated which has given rise to the requirement of threat intelligence in BFSI market. Moreover, threat intelligence makes it possible for security professionals in the BFSI sector to reduce stress by allowing them to prioritize resources and time effectively and efficiently.

Increase in professional and managed services demand throughout the BFSI sector and an increase in security breaches and cybercrimes are driving the growth of the market. The employees' ignorance of security guidelines and best practices is being used by cybercriminals and hackers to steal sensitive data from businesses. Moreover, it is quite difficult to get employees to have the same perspective on cybersecurity regulations, despite the fact that there are numerous settings in place, such as a staff to run security operations centres for organizations. In addition, the development of next-generation security solutions is another factor that stimulates the growth of the threat intelligence market. The market expansion is anticipated to be constrained by a low data security budget and high installation costs of the solution. Since, several firms in the BFSI sector are implementing threat intelligence to stay protected from cybercrime & threats. Furthermore, installing threat intelligence solutions involves huge cost and firms under the BFSI sector have to be financially strong to install such costly devices & software in their business model. Therefore, huge cost of implementation & adoption of threat intelligence solution for security purposes limit the growth of the market. Contrarily, firms in the BFSI industry are likely to increase their focus on threat intelligence across developed nations in the future years, which would open up attractive potential for the market.

The threat intelligence in BFSI market is segmented on the basis of component, deployment mode, enterprise size, application, end user, and region. By component, it is segmented into solution and services. By deployment mode, it is bifurcated into on-premises and cloud. Based on enterprise size, it is segregated into large enterprises, and small and medium-sized enterprises. By application, the market is divided into anti-money laundering and fraud management, risk and compliance management, identity management, and others. By end user, it is divided into banks, insurance companies, and others. By region, it is analyzed across North-America, Europe, Asia-Pacific, and LAMEA.  

The report analyzes the profiles of key players operating in the threat intelligence in BFSI market such as Check Point Software Technologies Ltd., Cisco Systems, Inc., DXC Technology Company, Fortinet, Inc., IBM Corporation, Juniper Networks, Inc., McAfee, LLC, Trend Micro Incorporated, VMware, Inc., and Webroot Inc. These players have adopted various strategies to increase their market penetration and strengthen their position in the threat intelligence in BFSI industry.

Key Benefits For Stakeholders

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the threat intelligence in bfsi market analysis from 2021 to 2031 to identify the prevailing threat intelligence in bfsi market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the threat intelligence in bfsi market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global threat intelligence in bfsi market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Component

Solutions
Services

By Deployment Mode

On-Premises
Cloud

By Enterprises Size

Large Enterprises
Small and Medium-sized Enterprises (SMEs)

By Application

Anti-money laundering and Fraud Management
Risk and Compliance Management
Identity Management
Others

By End User

Banks
Insurance Companies
Others

By Region

North America
U.S.
Canada
Europe
UK
Germany
France
Italy
Spain
Netherlands
Rest Of Europe
Asia-Pacific
China
India
Japan
Australia
Singapore
Rest Of Asia-Pacific
LAMEA
Latin America
Middle East
Africa

Key Market Players

IBM
Cisco Systems Inc.
AT&T Inc.
DXC Technology
McAfee
ThreatConnect, Inc.
VMware, Inc.
Fortinet Inc.
Trend Micro Inc
Broadcom Inc.

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