Global BFSI Security Market Size, Share, Growth Report 2030
According to the report published by Zion Market Research, global demand for BFSI security market was valued at approximately USD 10.05 Billion in 2019, and is expected to generate revenue of around USD 19.30 Billion by end of 2026, growing at a CAGR of around 9.5% between 2020 and 2026. Global BFSI Security Market : Overview BFSI stands for Banking, Financial Services, and Insurance. BFSI usually consists of commercial banks, non-banking financial companies, insurance companies, cooperatives, mutual funds, pension funds, and other smaller financial entities. Banking includes core banking, private, retail, corporate, cards, and investment. Financial Services include stock broking, mutual funds, payment gateways , and so on. Insurance includes both life (living) and non-life (non-living). Electronic banking platforms have come into use as an efficient way to process banking transactions remotely. These banking transactions are executed from web-based applications over the In...