1. Market Research
  2. > Computer Security Market Trends

Banking and Finance Security Technology Market Assessment 

  • September 2015
  • 103 pages
  • Frost & Sullivan
Report ID: 3305892


Table of Contents

Banking and Finance Security Technology Market Assessment: Cyber Threat and Customer Demands Driving Security Investment

The research service provides an analysis of the banking & finance security technology market. Frost & Sullivan anticipates that concerns about digital threats will continue to drive the banking and finance industry in all regions to make cyber security investment. With attack types and frequency increasing, the deployment of intelligent and comprehensive solutions will become essential for organisations. In addition, greater interest in the commercialisation of biometric systems will result in rapid increase in demand for logical access solutions over the forecast period, especially of more widely available technologies such as fingerprint and voice recognition. With an increasing number of security suppliers in the market, creating product uniqueness will be key for companies looking to gain market share.

Key Findings

- The banking & finance security technology market will remain strong throughout the forecast period driven by new digital security challenges.
- Investment in new technology will be primarily driven by spending associated with cyber security although funding will continue also in the physical security and logical access sectors.
- Technology integration and the creation of security cost efficiencies will continue to impact investment decisions as organisations look to lessen operational expenditure (OPEX) at physical banking locations.
- Additional oversight by both national and international regulatory bodies will help to shape new standardised levels of security across the industry, especially in relation to wider reaching threats such as cyber security.
- Traditionally developed financial markets as found in Europe and North America will see the greatest overall expenditure on security technology over the forecast period owing to high concentration of large banking organisations and established commercial banking markets.
- Frost & Sullivan forecasts the market for banking & finance security technology to increase from $ billion in 2015 to $ billion in 2024.

Key Questions This Study Will Answer

- How is the security focus of the banking and finance market shifting?
- Which are the biggest suppliers in the security market of products targeted at the banking and finance market?
- What are the most important considerations for end users while procuring security technology/ software?
- How will cyber security impact spending in this market?
- What are the technological trends that are driving new security investment in the banking and finance market?
- How will security investment in the market evolve over the next 9 years?

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Veronica helps you find the right report:


The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

Asia-Pacific Web Application Firewall Solutions Market, Forecast to 2021

  • $ 15000
  • Industry report
  • May 2017
  • by Frost & Sullivan

Escalation of Sophisticated Attacks on Web Applications Driving Market Growth The Asia-Pacific (APAC) Web application firewall (WAF) solution market continued to grow tremendously in 2016 by 27.6% year-on-yea ...

Asia-Pacific Network Security Market, CY 2016

  • $ 15000
  • Industry report
  • June 2017
  • by Frost & Sullivan

Government-led Initiatives Setting the Stage for Robust Growth in Security The Asia-Pacific network security market recorded a revenue of $3.13 billion and a year-on-year (YoY) growth of 13.9% in 2016, ...

Software Market Forecast and Vendor Rankings: Security Software, 2016-21

  • $ 7500
  • Industry report
  • May 2017
  • by Ovum

Introduction Ovum’s security software market forecast provides revenue opportunity estimates across key segments - web content and email protection, endpoint and mobile device protection, identity and ...


Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.