Global BFSI Security Market by Information Security & Physical Security Forecast to 2021

The increasing risk of cyber threats against BFSI infrastructure, such as banks and insurance companies is expected to drive the BFSI Market

The global BFSI security market size is estimated to grow from USD 30.23 Billion in 2016 to USD 48.95 Billion by 2021, at a CAGR of 10.1% during the forecast period. Enforcement of regulatory security compliance and the increasing risk of cyber threats against BFSI infrastructure are the major drivers for the BFSI security market.

The physical security segment is expected to grow at the highest CAGR during the forecast period

The physical security segment is estimated to grow at the highest CAGR during the forecast period. This growth can be attributed to the fact that physical security provides protection of personnel, hardware, programs, networks, and data from physical circumstances and events that could cause serious losses or damage to an enterprise, agency, or institution. The physical security segment is also expected to account for the largest market share during the forecast period. This growth can be attributed to the growing concern for safety due to increasing terrorism.

The system & components segment is estimated to account for the largest market share during the forecast period

The system & components segment is estimated to account for the largest market share during the forecast period. This growth can be attributed to the fact that banks are continuously investing in advanced physical security solutions to prevent robberies, frauds, and suspicious ATM withdrawals. Owing to these factors, the service segment is expected to grow at the highest CAGR during the forecast period.

The service segment of information security type is expected to grow at the highest CAGR during the forecast period

The service segment is estimated to grow at the highest CAGR during the forecast period. This growth can be attributed to fact that the need for protection of critical BFSI infrastructures against advanced cybercrimes, along with the economical constraint of reducing operational costs, requires a coordinated and proactive approach towards information security services.

The banking segment is estimated to account for the largest market share during the forecast period

The banking segment is estimated to grow at the highest CAGR during the forecast period. The banking sector provides tremendous technological revolution in the form of ATMs, core banking, e-banking, mobile banking, and the associated services, such as real-time gross settlement (RTGS), centralized fund management system (CFMS), and use of credit, debit, and smart cards, among others. All these services require protection against cyber threats, which drives the growth of the BFSI security market.

Asia-Pacific is expected to grow at the highest CAGR during the forecast period

The Asia-Pacific region is projected to grow at the highest CAGR from 2016 to 2021. This growth can be mainly attributed to the increasing adoption of BFSI security solutions across India, China, Japan, and Australia. North America is expected to account for the largest market share in 2016 and the trend is expected to continue during the forecast period.

In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews were conducted with key people. The break-up of profiles of primary participants is given below:

• By Company Type: Tier 1 – 40%, Tier 2 – 35%, and Tier 3 – 25%

• By Designation: C-level – 28%, Director level – 43%, and Manager level – 29%

• By Region: North America – 46%, Europe – 31%, Asia-Pacific – 15%, RoW – 8%

The various key players profiled in the report are as follows:

1. Cisco Systems, Inc. (U.S.)

2. Computer Sciences Corporation (CSC) (U.S.)

3.  EMC Corporation (U.S.)

4. Honeywell International, Inc. (U.S.)

5. IBM Corporation (U.S.)

6. Booz Allen Hamilton, Inc. (U.S.)

7. McAfee, Inc. (Intel Security Group) (U.S.)

8.  Sophos Group Plc. (U.S.)

9. Symantec Corporation (U.S.)

10. Trend Micro Incorporated (U.S)

Objectives of the Study:

To define and measure the global banking, financial services, and insurance (BFSI) security market, on the basis of security type, subvertical, and region

To provide detailed information regarding the key factors influencing market growth (drivers, restraints, opportunities, and challenges)

To strategically analyze subsegments with respect to individual growth trends, future prospects, and contribution to the total market

To forecast the market size with respect to five regional segments, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and Latin America

To track and analyze competitive developments, such as mergers & acquisitions, new product developments, and research and development (R&D) activities in the market

For More Information: Global BFSI Security Market Forecast to 2021

Market Research Reports Benefits to Head Start a Business

Are you starting a business? Do you have a complete idea sketched out? Is there complete knowledge about the target audience, competitors or key trends? These are some of the aspects to think about before venturing into any commercial activity. With market research reports customized for your needs, you can get answers to simplest and most complicated questions about industry and markets. To equip with best assets, resources, sound decisions, management, and developmental strategies, begin with a thorough research.

1. Knowledge of Competencies

Keeping track of competitors is essential for any business. How competitors are doing and what are their strategies is something research reports of markets will help you to be well versed with. Knowing these details will allow you to shape all strategies.

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Everyone learns after trials and errors, it holds true even in real of a business. Thus, you must not stop with market research reports after getting desired results. Studying markets is a constant activity, which will aid in growing marketing plans that give positive outcomes.

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The above-mentioned 5 keys to successful start of the business with research reports is something every entrepreneur must look into. The tips will definitely be a turning point for commercial ventures.

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Tips for Making the Best Out of Market Research Reports

When you are performing a research, it is important to keep the audience in view. In many instance, this reflects what the client wishes to know. The aim of market research reports is to represent results in a manner, which is easy to follow, informing the client about relevant business points. But, what could be the best aspects of a research report? Here are some of the elements that a report must have to meet the ends.

Interpret the Report

As a researcher you need to interpret the report’s findings. The client is interest to know what the results mean and how it will help them or use the data, would the customers find it fetching or how relevant is the information at hand? It is vital to note the patterns in data and follow the flow of it. Keep the language simple, professional and effective so that the client and customer can perceive, able to use it in actionable form to apply in the future.

Clear Objectives and Solutions

The research must contain data with clarity. The contest must be good in form of information and visual representation. It must be filtered so that original objectives are addressed. The same must bear answers to business problems, and the market research report should clarify the solutions offered. It should contain related data excluding other comments that for now are irrelevant. The findings should have evidence to back them up, and illustrate the point.

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FDA Approves the First Blood Test that Detects Gene Mutation Linked to Non-small Cell Lung Cancer

The U.S Food and Drug Administration approved the blood based diagnostic of cobas EGFR Mutation Test v2 for Tarceva (erlotinib) cancer drug. It is the first blood test that will be able to detect a gene mutation, a leading breakthrough in the non-small cell lung cancer market, and a novel genetic test for detecting epidermal growth receptor gene mutation for relevant patients.

These mutations are affecting 10 to 20 percent of NSCLC, and a prime cause for cancer linked death in men more, but increasingly even women are dying due to related consequences. The test approved gives positive results, thus is it a great option for people who are unable to undergo examination of tumor specimen through EGFR testing. The efficacy of this test has had backing of clinical trials and determined safe.

Blood Sample Testing Helps Patients with NSCLC

NSCLC is among most common lung cancer type, which sheds tumor DNA in the patient’s blood, thus, making it possible for analyzing specific mutations via blood samples. Examining the tumor DNA blood is also known as liquid biopsy, whose approval can deliver individualized health care to people. These biopsies are potential in identifying patients with tumors specific mutation in most non-invasive way.

The cobas EGFR Mutation Test v2 detects NSCLC mutation specific presence in blood samples, assisting in selecting the ones that has benefits with treatment by Tarceva.  As per the medical market research, about 221,200 Americans may be diagnosed with lung cancer and the deaths will account for 158,040 people this year. The exon 21 substitution or exon 12 deletion mutations if not detected in person’s blood, can b studied via tumor biopsy then.

Tarceva as First-Line Treatment and Facts

FDA had given approval in 2004 for in treating patients with advanced locally or metastatic NSCLC following failure of a chemotherapy regimen. In 2013, the FDA certified the treatment as first-line in people with metastatic non-small cell lung cancer, with tumors of EGFR exon 19 deletions by an approved testing method. The common side effects for the treatment are anorexia, rash, fatigue, diarrhea, cough, dyspnea, vomiting, and nausea.

Tarceva is not for people who have taken a platinum underlined chemotherapy. It is not as first-line remedy for patients with NSCLC metastatic tumprs with EGFR mutations different than L858R substitution mutations or exon 19 deletions. The manufacturer of cobas EGFR Mutation Test v2 is Roche Molecular Systems in Pleasanton, California, while Tarceva is a brainchild of Astellas Pharma Technologies, Inc. of Norman, Oklahoma.

The Growing Prospects for Cord Blood Banking in Stem Cell Therapies

There is a high potential to cure certain dangerous diseases with help of cord blood and tissue. These conditions relate to immune and blood system, sometimes involving bones and muscles. Cord blood preservation is handled by both public and private banks, where one can even do donations. According to the stem cell market research report, cord blood as a search term on search engines is very costing, and a click can cost US$20-40.

But, given the advantage that cord blood serves needs of donor’s family and donor, many are opting to stem cell and cord blood storage option. As per the healthcare research reports, automated cord blood processing is picking up heat, and other new technologies are reducing cost to storage. Public awareness programs are rising, and this is helping people to acquaint with the benefits of the treatments for worst of the diseases, which are otherwise terminal and find rare cures only.

How has the Industry Grown Steadily?

The first company to bring cord blood storage was in 1995, and then Asian and U.S nations entered in the market to bring a great upsurge in competition. In few areas private industry intervention in this market segment is not allowed. Some of the top investors in the cord blood banking industry are Bay City Capital, GTCR, LLC, KKR & Company, and ABS Capital Partners & HLM Management.

From the past few years, the industry has progressed with advanced techniques of storing cord blood and stem cells. There is an increasing growth opportunities in clinical trials for the system in connecting with stem cell applications for mesenchymal and hematopoietic.  The report expresses inter-regional collaborations, demand diversification for amniotic fluid, stem cells, placental tissues, and relative therapies.

What are the Key Obstructions to the Market?

The industry also faces some challenges like fourfold increase in expenditure on the banks functioning; new accreditation statutes, low turnover rate, difficulty updating ancillary staff and obstetrician, and low acceptance of the therapies are some factors that restrict expansion. In the cord blood banking market, the transplant processes can range anywhere between US$200,000-300,000 on a single treatment. There is also poor press coverage for the services, which is again a reason of slow progress.

The Global Cloud Based Language Learning Market to Make USD 6 billion until 2021

The Cloud-based platforms are becoming a perfect language learning mode, which offers a seamless access for information and easy data sharing with multi-user collaboration. The global Cloud Based Language Learning Market to can swing to USD 6 billion by the year 2021 with CAGR of 6.05% in forecast duration.  The global language-learning market is shifting dramatically due to increase in technology and cost-efficient products challenging traditional classroom pedagogy.

As cloud based technologies are supplementing consumer appetite by overcoming geographical barriers, it is best for user access and content. The cloud based learning market is gaining power in cross-cultural awareness and peer communication at affordable cost. The industry segments by geography, users, and language.Vocational training has the largest application in the market with26% revenue share. English is most learnt language grossing of 63% revenue share in 2015.

What are the Opportunities?

The largest cloud based language learning market is larges in APAC for users and revenues. Some of the aspects driving the global language learning market size are increasing internet penetration and devices that support internet introduced to workforce and students. The reduced cost and services by start-ups are further giving people more options to accessing the industry products. Significant interest of users is attracted with venture funds and private equity. There are around 350 language learning start-ups and more globally that are privately funded.

What are the Challenges?

An investment of amount US$ 186 Million in 1.5 years has been done to the market since January 2014 to July 2015. Total amount invested stands to $ 464 million in language learning market from 2010-2013 wherein investments were made the most from US based companies. The challenges to the industry are lack of viable monetization system and need of more continuous investments. As new age learning is given as free to consumers, and very less number of firms are recovering the cost spend on management and creating on content.

Advanced Energy Industry Trends and Key Factors for 2016-2021

The Global Advanced Energy Industry 2016 Market Research Report gives an in-depth and professional study on existent state of the Advanced Energy industry. The energy market research overviews many applications in the industry including classifications, chain structure, and definitions. It also encompasses development history, international market in competitive landscape analysis, services, and major regions with their status.

The focus on developmental plans and policies are discussed along with cost structures and manufacturing processed. The advanced energy industry research supplies import/export figures, consumption ratios, price, cost, revenue, and regional gross margins such as that of Japan, United States, China, and EU. There are other regions as well included.

What are the Stats of Energy Market?

The report concentrates on industry and leading players in the world and on particular areas. There is rich detail about company profiles, and specifications. The global advanced energy market pictures the product, and its cost, price, revenue, production, capacity, other specifics and contacts of renowned sources. A complete analysis of all the forms and structures of the industry are present in the report. There is a huge scope for the energy market globally in coming years.

Company data on equipment, upstream raw materials, and downstream consumer analysis is also proved amongst all. There are sources of marketing channels plus development trends marking the feasibility of conclusions offered from investment projects. As per the advanced energy industry, there market opens a valuable collection of companies and individuals who are keen to progress in relevant field. Thus, the report has necessary details to offer direction and guidance to the ones who are interested.