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Showing posts with the label BFSI Security Market Growth

How Is IoT Technology Creating Need for Security Solutions in BFSI Sector?

The security type segment of the BFSI security market is divided into physical security and information security. Under this segment, the physical security category generated the higher revenue in 2019. Whereas, the information security category is projected to register the faster growth during the forecast period. The information security category is further classified into identity and access management, risk and compliance management, unified threat management, data loss prevention, encryption, and antivirus. Among these, the encryption category held the largest share in 2019, due to the increasing fraudulent activities in the payment area, owing to the surging volume of electronic payments. According to P&S Intelligence, North America has emerged as the largest consumer of BFSI security solutions in the recent past and it is expected to maintain the lead in the coming years.  Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/bfsi-security...