세계의 BFSI 보안 시장 규모, 점유율, 성장 및 산업 분석 : 유형별, 용도별, 지역별 인사이트 및 예측(2024-2032년)

Growth Factors of BFSI security Market

The global BFSI security market is undergoing significant expansion due to rising cyber threats, rapid digitization, and increasing investments in modern banking infrastructure. According to the latest assessment, the global BFSI security market size reached USD 69.00 billion in 2024, driven by the growing adoption of digital payment systems, rising fraud activities, and the expansion of physical banking infrastructure across developing economies. With strong emphasis on both physical and cybersecurity solutions, the market is expected to grow further to USD 75.21 billion in 2025. Supported by stringent regulatory frameworks, adoption of AI-powered monitoring systems, and a surge in mobile and Internet banking, the market is forecast to reach USD 151.85 billion by 2032, recording a CAGR of 10.56% during 2025-2032.

Market Trends and Technology Shifts

Digital payments, mobile banking, and AI-based banking systems have significantly transformed the BFSI sector, creating heightened demand for advanced security infrastructure. Countries such as India, the UAE, Saudi Arabia, and Brazil are witnessing exponential growth in digital transactions, increasing the need for encryption tools, fraud detection platforms, and biometric verification systems.

Artificial intelligence is reshaping the industry by enabling early fraud detection, real-time credit scoring, anti-money laundering (AML) monitoring, and automated risk assessment. With AI supporting predictive security models and faster threat detection, BFSI institutions are rapidly integrating GenAI platforms to enhance the accuracy of security operations. At the same time, the increased use of cloud applications and digital banking interfaces has expanded the attack surface, encouraging banks to adopt advanced cybersecurity protocols.

Market Dynamics

Key Drivers

Growing dependence on digital infrastructure and escalating cyberattacks are pushing banks, insurance companies, and financial institutions to expand their security spending. The surge in digital payments across emerging economies is directly leading to robust investment in cybersecurity systems. For instance, cyber frauds in India rose nearly tenfold over the past decade, with financial losses increasing from USD 2.94 million in 2014-15 to USD 21.24 million in 2023-24.

Physical threats to ATMs, bank branches, and cash-handling vehicles in remote regions also continue to drive the installation of surveillance systems, alarm systems, safe management systems, and vault protection. Governments are investing heavily in digital infrastructure and cybersecurity-such as the UAE's USD 2 billion investment announced in 2025-further accelerating market growth.

Restraints

High installation and maintenance costs of advanced cybersecurity platforms continue to restrict adoption among smaller banks, cooperative banks, and region-specific fintech companies. Limited IT budgets and high operational spending remain key barriers.

Opportunities

Growing interest in secure cloud infrastructure is creating strong market opportunities. Cloud-based security solutions-offering cost efficiency, high encryption protocols, and reduced management complexity-are becoming the preferred choice for emerging BFSI institutions.

Segmentation Overview

By Type

In 2024, integrated physical security solutions accounted for 56% of the global market. Rising theft risks, demand for ATM protection, and expansion of bank branches in Tier 3 and Tier 4 regions are fueling the adoption of surveillance cameras, vault systems, and access control solutions.

Cybersecurity & risk management solutions are rapidly growing due to increased digital transaction volumes, regulatory compliance needs, and rising adoption of AI-based monitoring systems.

By Deployment

The on-premises segment held the dominant share in 2024, driven by large banking infrastructures such as branches, ATMs, data centers, and cash-handling units. This segment is projected to secure 56% of the market in 2025.

Cloud-based solutions are expected to grow fastest, backed by lower operational expenses and secure digital infrastructures.

By End User

Banks remained the largest end user in 2024 with 55.3% market share, supported by high transaction volumes and regulatory pressure to protect financial data. Banks are projected to account for 55% of the market in 2025.

Regional Outlook

North America

North America led the global market with USD 27.02 billion in 2024, benefiting from advanced digital banking systems and strong cybersecurity ecosystems. The U.S. market is forecast to reach USD 21.43 billion in 2025, driven by strict regulatory compliance and rapid adoption of AI-based fraud detection systems.

Europe

Europe is estimated to achieve USD 18.48 billion in 2025, supported by strong funding in fraud detection systems and cybersecurity startups.

• U.K.: USD 5.54 billion (2025)
• Germany: USD 3.98 billion (2025)
• France: USD 1.62 billion (2025)

Asia Pacific

Asia Pacific is projected to reach USD 16.70 billion in 2025, driven by heavy digital-payment adoption, cloud investment, and supportive government initiatives.

• China: USD 6.16 billion (2025)
• India: USD 1.35 billion (2025)
• Japan: USD 4.33 billion (2025)

Middle East & Africa

GCC region projected at USD 1.56 billion in 2025, fueled by rising cybercrimes and investments in digital infrastructure.

South America

South America expected to reach USD 6.76 billion in 2025, supported by rising adoption of mobile and digital banking.

Conclusion

With the global market rising from USD 69.00 billion in 2024 to USD 151.85 billion by 2032, the BFSI security sector is positioned for strong and sustained growth. Increasing digitalization, cloud acceleration, cyber fraud, and AI-powered financial systems will drive significant investments across both physical and cybersecurity domains.

Segmentation By Type

• Integrated Physical Security Solutions
  • Surveillance Systems
  • Access Control Systems
  • Vault and Safe Systems
  • Alarm Systems
  • Fire and Environmental Safety Systems
  • Visitor and Asset Management Systems
  • Others
• Cybersecurity & Risk Management Solutions
  • Network Security
  • Cloud Application Security
  • End-Point Security
  • Application Security
  • Others

By Deployment Type

• On-Premises
• Cloud-based

By End User

• Banks
• Insurance
• Non-banking Financial companies

By Region

• North America (By Type, By Deployment Type, By End User, and By Country)
  • U.S. (By End User)
  • Canada (By End User)
  • Mexico (By End User)
• Europe (By Type, By Deployment Type, By End User, and By Country)
  • Germany (By End User)
  • U.K. (By End User)
  • France (By End User)
  • Italy (By End User)
  • Spain (By End User)
  • Russia (By End User)
  • BENELUX (By End User)
  • Nordics (By End User)
  • Rest of Europe
• Asia Pacific (By Type, By Deployment Type, By End User, and By Country)
  • China (By End User)
  • India (By End User)
  • Japan (By End User)
  • South Korea (By End User)
  • ASEAN (By End User)
  • Oceania (By End User)
  • Rest of Asia Pacific
• South America (By Type, By Deployment Type, By End User, and By Country)
  • Brazil (By End User)
  • Argentina (By End User)
  • Rest of South America
• Middle East & Africa (By Type, By Deployment Type, By End User, and By Country)
  • GCC Countries (By End User)
  • South Africa (By End User)
  • Turkey (By End User)
  • North Africa (By End User)
  • Rest of the Middle East & Africa

Companies Profiled in the Report Hikvision (China), Axis Communications (Sweden), Honeywell (U.S.), Bosch (Germany), Genetec (Canada), Johnson Controls (Ireland), Panasonic (Japan), IBM Corporation (U.S.), Cisco Systems, Inc. (U.S.), and Palo Alto Networks (U.S.)

Table of Content

1. Introduction

• 1.1. Definition, By Segment
• 1.2. Research Methodology/Approach
• 1.3. Data Sources

2. Executive Summary

3. Market Dynamics

• 3.1. Macro and Micro Economic Indicators
• 3.2. Drivers, Restraints, Opportunities, and Trends
• 3.3. Impact of Generative AI
• 3.4. Impact of Reciprocal Tariffs on the Market

4. Competition Landscape

• 4.1. Business Strategies Adopted by Key Players
• 4.2. Consolidated SWOT Analysis of Key Players
• 4.3. Global BFSI Security Key Players Market Share/Ranking, 2024

5. Global BFSI Security Market Size Estimates and Forecasts, By Segments, 2019-2032

• 5.1. Key Findings
• 5.2. By Type (USD Bn)
  • 5.2.1. Integrated Physical Security Solutions
    • 5.2.1.1. Surveillance Systems
    • 5.2.1.2. Access Control Systems
    • 5.2.1.3. Vault and Safe Systems
    • 5.2.1.4. Alarm Systems
    • 5.2.1.5. Fire and Environmental Safety Systems
    • 5.2.1.6. Visitor and Asset Management Systems
    • 5.2.1.7. Others
  • 5.2.2. Cybersecurity & Risk Management Solutions
    • 5.2.2.1. Network Security
    • 5.2.2.2. Cloud Application Security
    • 5.2.2.3. End-Point Security
    • 5.2.2.4. Application Security
    • 5.2.2.5. Others
• 5.3. By Deployment Type (USD Bn)
  • 5.3.1. On-Premises
  • 5.3.2. Cloud -based
• 5.4. By End User (USD Bn)
  • 5.4.1. Banks
  • 5.4.2. Insurance
  • 5.4.3. Non-banking Financial companies
• 5.5. By Region (USD Bn)
  • 5.5.1. North America
  • 5.5.2. South America
  • 5.5.3. Europe
  • 5.5.4. Middle East & Africa
  • 5.5.5. Asia Pacific

6. North America BFSI Security Market Size Estimates and Forecasts, By Segments, 2019-2032

• 6.1. Key Findings
• 6.2. By Type (USD Bn)
  • 6.2.1. Integrated Physical Security Solutions
    • 6.2.1.1. Surveillance Systems
    • 6.2.1.2. Access Control Systems
    • 6.2.1.3. Vault and Safe Systems
    • 6.2.1.4. Alarm Systems
    • 6.2.1.5. Fire and Environmental Safety Systems
    • 6.2.1.6. Visitor and Asset Management Systems
    • 6.2.1.7. Others
  • 6.2.2. Cybersecurity & Risk Management Solutions
    • 6.2.2.1. Network Security
    • 6.2.2.2. Cloud Application Security
    • 6.2.2.3. End-Point Security
    • 6.2.2.4. Application Security
    • 6.2.2.5. Others
• 6.3. By Deployment Type (USD Bn)
  • 6.3.1. On-Premises
  • 6.3.2. Cloud -based
• 6.4. By End User (USD Bn)
  • 6.4.1. Banks
  • 6.4.2. Insurance
  • 6.4.3. Non-banking Financial companies
• 6.5. By Country (USD Bn)
  • 6.5.1. United States
    • 6.5.1.1. By End User (USD Bn)
  • 6.5.2. Canada
    • 6.5.2.1. By End User (USD Bn)
  • 6.5.3. Mexico
    • 6.5.3.1. By End User (USD Bn)

7. South America BFSI Security Market Size Estimates and Forecasts, By Segments, 2019-2032

• 7.1. Key Findings
• 7.2. By Type (USD Bn)
  • 7.2.1. Integrated Physical Security Solutions
    • 7.2.1.1. Surveillance Systems
    • 7.2.1.2. Access Control Systems
    • 7.2.1.3. Vault and Safe Systems
    • 7.2.1.4. Alarm Systems
    • 7.2.1.5. Fire and Environmental Safety Systems
    • 7.2.1.6. Visitor and Asset Management Systems
    • 7.2.1.7. Others
  • 7.2.2. Cybersecurity & Risk Management Solutions
    • 7.2.2.1. Network Security
    • 7.2.2.2. Cloud Application Security
    • 7.2.2.3. End-Point Security
    • 7.2.2.4. Application Security
    • 7.2.2.5. Others
• 7.3. By Deployment Type (USD Bn)
  • 7.3.1. On-Premises
  • 7.3.2. Cloud -based
• 7.4. By End User (USD Bn)
  • 7.4.1. Banks
  • 7.4.2. Insurance
  • 7.4.3. Non-banking Financial companies
• 7.5. By Country (USD Bn)
  • 7.5.1. Brazil
    • 7.5.1.1. By End User (USD Bn)
  • 7.5.2. Argentina
    • 7.5.2.1. By End User (USD Bn)
  • 7.5.3. Rest of South America

8. Europe BFSI Security Market Size Estimates and Forecasts, By Segments, 2019-2032

• 8.1. Key Findings
• 8.2. By Type (USD Bn)
  • 8.2.1. Integrated Physical Security Solutions
    • 8.2.1.1. Surveillance Systems
    • 8.2.1.2. Access Control Systems
    • 8.2.1.3. Vault and Safe Systems
    • 8.2.1.4. Alarm Systems
    • 8.2.1.5. Fire and Environmental Safety Systems
    • 8.2.1.6. Visitor and Asset Management Systems
    • 8.2.1.7. Others
  • 8.2.2. Cybersecurity & Risk Management Solutions
    • 8.2.2.1. Network Security
    • 8.2.2.2. Cloud Application Security
    • 8.2.2.3. End-Point Security
    • 8.2.2.4. Application Security
    • 8.2.2.5. Others
• 8.3. By Deployment Type (USD Bn)
  • 8.3.1. On-Premises
  • 8.3.2. Cloud -based
• 8.4. By End User (USD Bn)
  • 8.4.1. Banks
  • 8.4.2. Insurance
  • 8.4.3. Non-banking Financial companies
• 8.5. By Country (USD Bn)
  • 8.5.1. United Kingdom
    • 8.5.1.1. By End User (USD Bn)
  • 8.5.2. Germany
    • 8.5.2.1. By End User (USD Bn)
  • 8.5.3. France
    • 8.5.3.1. By End User (USD Bn)
  • 8.5.4. Italy
    • 8.5.4.1. By End User (USD Bn)
  • 8.5.5. Spain
    • 8.5.5.1. By End User (USD Bn)
  • 8.5.6. BENELUX
    • 8.5.6.1. By End User (USD Bn)
  • 8.5.7. Nordics
    • 8.5.7.1. By End User (USD Bn)
  • 8.5.8. Russia
    • 8.5.8.1. By End User (USD Bn)
  • 8.5.9. Rest of Europe

9. Middle East & Africa BFSI Security Market Size Estimates and Forecasts, By Segments, 2019-2032

• 9.1. Key Findings
• 9.2. By Type (USD Bn)
  • 9.2.1. Integrated Physical Security Solutions
    • 9.2.1.1. Surveillance Systems
    • 9.2.1.2. Access Control Systems
    • 9.2.1.3. Vault and Safe Systems
    • 9.2.1.4. Alarm Systems
    • 9.2.1.5. Fire and Environmental Safety Systems
    • 9.2.1.6. Visitor and Asset Management Systems
    • 9.2.1.7. Others
  • 9.2.2. Cybersecurity & Risk Management Solutions
    • 9.2.2.1. Network Security
    • 9.2.2.2. Cloud Application Security
    • 9.2.2.3. End-Point Security
    • 9.2.2.4. Application Security
    • 9.2.2.5. Others
• 9.3. By Deployment Type (USD Bn)
  • 9.3.1. On-Premises
  • 9.3.2. Cloud -based
• 9.4. By End User (USD Bn)
  • 9.4.1. Banks
  • 9.4.2. Insurance
  • 9.4.3. Non-banking Financial companies
• 9.5. By Country (USD Bn)
  • 9.5.1. GCC Countries
    • 9.5.1.1. By End User (USD Bn)
  • 9.5.2. South Africa
    • 9.5.2.1. By End User (USD Bn)
  • 9.5.3. Turkey
    • 9.5.3.1. By End User (USD Bn)
  • 9.5.4. North Africa
    • 9.5.4.1. By End User (USD Bn)
  • 9.5.5. Rest of Middle East & Africa

10. Asia Pacific BFSI Security Market Size Estimates and Forecasts, By Segments, 2019-2032

• 10.1. Key Findings
• 10.2. By Type (USD Bn)
  • 10.2.1. Integrated Physical Security Solutions
    • 10.2.1.1. Surveillance Systems
    • 10.2.1.2. Access Control Systems
    • 10.2.1.3. Vault and Safe Systems
    • 10.2.1.4. Alarm Systems
    • 10.2.1.5. Fire and Environmental Safety Systems
    • 10.2.1.6. Visitor and Asset Management Systems
    • 10.2.1.7. Others
  • 10.2.2. Cybersecurity & Risk Management Solutions
    • 10.2.2.1. Network Security
    • 10.2.2.2. Cloud Application Security
    • 10.2.2.3. End-Point Security
    • 10.2.2.4. Application Security
    • 10.2.2.5. Others
• 10.3. By Deployment Type (USD Bn)
  • 10.3.1. On-Premises
  • 10.3.2. Cloud -based
• 10.4. By End User (USD Bn)
  • 10.4.1. Banks
  • 10.4.2. Insurance
  • 10.4.3. Non-banking Financial companies
• 10.5. By Country (USD Bn)
  • 10.5.1. China
    • 10.5.1.1. By End User (USD Bn)
  • 10.5.2. India
    • 10.5.2.1. By End User (USD Bn)
  • 10.5.3. Japan
    • 10.5.3.1. By End User (USD Bn)
  • 10.5.4. South Korea
    • 10.5.4.1. By End User (USD Bn)
  • 10.5.5. ASEAN
    • 10.5.5.1. By End User (USD Bn)
  • 10.5.6. Oceania
    • 10.5.6.1. By End User (USD Bn)
  • 10.5.7. Rest of Asia Pacific

11. Company Profiles for Top 10 Players (Based on data availability in public domain and/or on paid databases)

• 11.1. Hikvision
  • 11.1.1. Overview
    • 11.1.1.1. Key Management
    • 11.1.1.2. Headquarters
    • 11.1.1.3. Offerings/Business Segments
  • 11.1.2. Key Details (Key details are consolidated data and not product/service specific)
    • 11.1.2.1. Employee Size
    • 11.1.2.2. Past and Current Revenue
    • 11.1.2.3. Geographical Share
    • 11.1.2.4. Business Segment Share
    • 11.1.2.5. Recent Developments
• 11.2. Axis Communications
  • 11.2.1. Overview
    • 11.2.1.1. Key Management
    • 11.2.1.2. Headquarters
    • 11.2.1.3. Offerings/Business Segments
  • 11.2.2. Key Details (Key details are consolidated data and not product/service specific)
    • 11.2.2.1. Employee Size
    • 11.2.2.2. Past and Current Revenue
    • 11.2.2.3. Geographical Share
    • 11.2.2.4. Business Segment Share
    • 11.2.2.5. Recent Developments
• 11.3. Honeywell
  • 11.3.1. Overview
    • 11.3.1.1. Key Management
    • 11.3.1.2. Headquarters
    • 11.3.1.3. Offerings/Business Segments
  • 11.3.2. Key Details (Key details are consolidated data and not product/service specific)
    • 11.3.2.1. Employee Size
    • 11.3.2.2. Past and Current Revenue
    • 11.3.2.3. Geographical Share
    • 11.3.2.4. Business Segment Share
    • 11.3.2.5. Recent Developments
• 11.4. Bosch
  • 11.4.1. Overview
    • 11.4.1.1. Key Management
    • 11.4.1.2. Headquarters
    • 11.4.1.3. Offerings/Business Segments
  • 11.4.2. Key Details (Key details are consolidated data and not product/service specific)
    • 11.4.2.1. Employee Size
    • 11.4.2.2. Past and Current Revenue
    • 11.4.2.3. Geographical Share
    • 11.4.2.4. Business Segment Share
    • 11.4.2.5. Recent Developments
• 11.5. Genetec
  • 11.5.1. Overview
    • 11.5.1.1. Key Management
    • 11.5.1.2. Headquarters
    • 11.5.1.3. Offerings/Business Segments
  • 11.5.2. Key Details (Key details are consolidated data and not product/service specific)
    • 11.5.2.1. Employee Size
    • 11.5.2.2. Past and Current Revenue
    • 11.5.2.3. Geographical Share
    • 11.5.2.4. Business Segment Share
    • 11.5.2.5. Recent Developments
• 11.6. Johnson Controls
  • 11.6.1. Overview
    • 11.6.1.1. Key Management
    • 11.6.1.2. Headquarters
    • 11.6.1.3. Offerings/Business Segments
  • 11.6.2. Key Details (Key details are consolidated data and not product/service specific)
    • 11.6.2.1. Employee Size
    • 11.6.2.2. Past and Current Revenue
    • 11.6.2.3. Geographical Share
    • 11.6.2.4. Business Segment Share
    • 11.6.2.5. Recent Developments
• 11.7. Panasonic
  • 11.7.1. Overview
    • 11.7.1.1. Key Management
    • 11.7.1.2. Headquarters
    • 11.7.1.3. Offerings/Business Segments
  • 11.7.2. Key Details (Key details are consolidated data and not product/service specific)
    • 11.7.2.1. Employee Size
    • 11.7.2.2. Past and Current Revenue
    • 11.7.2.3. Geographical Share
    • 11.7.2.4. Business Segment Share
    • 11.7.2.5. Recent Developments
• 11.8. IBM Corporation
  • 11.8.1. Overview
    • 11.8.1.1. Key Management
    • 11.8.1.2. Headquarters
    • 11.8.1.3. Offerings/Business Segments
  • 11.8.2. Key Details (Key details are consolidated data and not product/service specific)
    • 11.8.2.1. Employee Size
    • 11.8.2.2. Past and Current Revenue
    • 11.8.2.3. Geographical Share
    • 11.8.2.4. Business Segment Share
    • 11.8.2.5. Recent Developments
• 11.9. Cisco Systems, Inc
  • 11.9.1. Overview
    • 11.9.1.1. Key Management
    • 11.9.1.2. Headquarters
    • 11.9.1.3. Offerings/Business Segments
  • 11.9.2. Key Details (Key details are consolidated data and not product/service specific)
    • 11.9.2.1. Employee Size
    • 11.9.2.2. Past and Current Revenue
    • 11.9.2.3. Geographical Share
    • 11.9.2.4. Business Segment Share
    • 11.9.2.5. Recent Developments
• 11.10. Palo Alto Networks
  • 11.10.1. Overview
    • 11.10.1.1. Key Management
    • 11.10.1.2. Headquarters
    • 11.10.1.3. Offerings/Business Segments
  • 11.10.2. Key Details (Key details are consolidated data and not product/service specific)
    • 11.10.2.1. Employee Size
    • 11.10.2.2. Past and Current Revenue
    • 11.10.2.3. Geographical Share
    • 11.10.2.4. Business Segment Share
    • 11.10.2.5. Recent Developments