Global Banking Security Market Research Report 2023

Banking Security Market

Banks need security to protect themselves from data breaches, hacking, financial fraud, and ransom-ware. Technological software solutions such as security audit, firewalls, anti-virus and anti-malware solutions, multifactor authentication, bio-metrics, and automated logouts have enhanced banking security. If bank is having a weak cyber security system, it may cost data breaches that could easily put customer data and money at potential risk.

The global Banking Security market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

North American market for Banking Security is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.

Asia-Pacific market for Banking Security is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.

The global market for Banking Security in Banks is estimated to increase from $ million in 2023 to $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.

The key global companies of Banking Security include OneSpan, IBM Corporation, AO Kaspersky Lab., Blackstratus, Inc., McAfee, Alert Logic, Inc., Cronus Cyber Technology Ltd., Verodin, Inc. and XM Cyber Ltd., etc. In 2022, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Banking Security, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Banking Security.

The Banking Security market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Banking Security market comprehensively. Regional market sizes, concerning products by type, by application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Banking Security companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.

Scope of Banking Security Market Report

Core Chapters

1.1 Study Scope

1.2 Market Analysis by Type

1.2.1 Global Banking Security Market Size Growth Rate by Type: 2018 VS 2022 VS 2029

1.2.2 Video Surveillance

1.2.3 Access Control

1.2.4 Intrusion Detection

1.2.5 Physical Security Information Management

1.2.6 Others

1.3 Market by Application

1.3.1 Global Banking Security Market Growth by Application: 2018 VS 2022 VS 2029

1.3.2 Banks

1.3.3 Non-Banking Financial Institutions

1.4 Study Objectives

1.5 Years Considered

1.6 Years Considered

2.1 Global Banking Security Market Perspective (2018-2029)

2.2 Banking Security Growth Trends by Region

2.2.1 Global Banking Security Market Size by Region: 2018 VS 2022 VS 2029

2.2.2 Banking Security Historic Market Size by Region (2018-2023)

2.2.3 Banking Security Forecasted Market Size by Region (2024-2029)

2.3 Banking Security Market Dynamics

2.3.1 Banking Security Industry Trends

2.3.2 Banking Security Market Drivers

2.3.3 Banking Security Market Challenges

2.3.4 Banking Security Market Restraints

3.1 Global Top Banking Security Players by Revenue

3.1.1 Global Top Banking Security Players by Revenue (2018-2023)

3.1.2 Global Banking Security Revenue Market Share by Players (2018-2023)

3.2 Global Banking Security Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

3.3 Players Covered: Ranking by Banking Security Revenue

3.4 Global Banking Security Market Concentration Ratio

3.4.1 Global Banking Security Market Concentration Ratio (CR5 and HHI)

3.4.2 Global Top 10 and Top 5 Companies by Banking Security Revenue in 2022

3.5 Banking Security Key Players Head office and Area Served

3.6 Key Players Banking Security Product Solution and Service

3.7 Date of Enter into Banking Security Market

3.8 Mergers & Acquisitions, Expansion Plans

4.1 Global Banking Security Historic Market Size by Type (2018-2023)

4.2 Global Banking Security Forecasted Market Size by Type (2024-2029)

5.1 Global Banking Security Historic Market Size by Application (2018-2023)

5.2 Global Banking Security Forecasted Market Size by Application (2024-2029)

6.1 North America Banking Security Market Size (2018-2029)

6.2 North America Banking Security Market Growth Rate by Country: 2018 VS 2022 VS 2029

6.3 North America Banking Security Market Size by Country (2018-2023)

6.4 North America Banking Security Market Size by Country (2024-2029)

6.5 United States

6.6 Canada

7.1 Europe Banking Security Market Size (2018-2029)

7.2 Europe Banking Security Market Growth Rate by Country: 2018 VS 2022 VS 2029

7.3 Europe Banking Security Market Size by Country (2018-2023)

7.4 Europe Banking Security Market Size by Country (2024-2029)

7.5 Germany

7.6 France

7.7 U.K.

7.8 Italy

7.9 Russia

7.10 Nordic Countries

8.1 Asia-Pacific Banking Security Market Size (2018-2029)

8.2 Asia-Pacific Banking Security Market Growth Rate by Region: 2018 VS 2022 VS 2029

8.3 Asia-Pacific Banking Security Market Size by Region (2018-2023)

8.4 Asia-Pacific Banking Security Market Size by Region (2024-2029)

8.5 China

8.6 Japan

8.7 South Korea

8.8 Southeast Asia

8.9 India

8.10 Australia

9.1 Latin America Banking Security Market Size (2018-2029)

9.2 Latin America Banking Security Market Growth Rate by Country: 2018 VS 2022 VS 2029

9.3 Latin America Banking Security Market Size by Country (2018-2023)

9.4 Latin America Banking Security Market Size by Country (2024-2029)

9.5 Mexico

9.6 Brazil

10.1 Middle East & Africa Banking Security Market Size (2018-2029)

10.2 Middle East & Africa Banking Security Market Growth Rate by Country: 2018 VS 2022 VS 2029

10.3 Middle East & Africa Banking Security Market Size by Country (2018-2023)

10.4 Middle East & Africa Banking Security Market Size by Country (2024-2029)

10.5 Turkey

10.6 Saudi Arabia

10.7 UAE

11.1 OneSpan

11.1.1 OneSpan Company Detail

11.1.2 OneSpan Business Overview

11.1.3 OneSpan Banking Security Introduction

11.1.4 OneSpan Revenue in Banking Security Business (2018-2023)

11.1.5 OneSpan Recent Development

11.2 IBM Corporation

11.2.1 IBM Corporation Company Detail

11.2.2 IBM Corporation Business Overview

11.2.3 IBM Corporation Banking Security Introduction

11.2.4 IBM Corporation Revenue in Banking Security Business (2018-2023)

11.2.5 IBM Corporation Recent Development

11.3 AO Kaspersky Lab.

11.3.1 AO Kaspersky Lab. Company Detail

11.3.2 AO Kaspersky Lab. Business Overview

11.3.3 AO Kaspersky Lab. Banking Security Introduction

11.3.4 AO Kaspersky Lab. Revenue in Banking Security Business (2018-2023)

11.3.5 AO Kaspersky Lab. Recent Development

11.4 Blackstratus, Inc.

11.4.1 Blackstratus, Inc. Company Detail

11.4.2 Blackstratus, Inc. Business Overview

11.4.3 Blackstratus, Inc. Banking Security Introduction

11.4.4 Blackstratus, Inc. Revenue in Banking Security Business (2018-2023)

11.4.5 Blackstratus, Inc. Recent Development

11.5 McAfee

11.5.1 McAfee Company Detail

11.5.2 McAfee Business Overview

11.5.3 McAfee Banking Security Introduction

11.5.4 McAfee Revenue in Banking Security Business (2018-2023)

11.5.5 McAfee Recent Development

11.6 Alert Logic, Inc.

11.6.1 Alert Logic, Inc. Company Detail

11.6.2 Alert Logic, Inc. Business Overview

11.6.3 Alert Logic, Inc. Banking Security Introduction

11.6.4 Alert Logic, Inc. Revenue in Banking Security Business (2018-2023)

11.6.5 Alert Logic, Inc. Recent Development

11.7 Cronus Cyber Technology Ltd.

11.7.1 Cronus Cyber Technology Ltd. Company Detail

11.7.2 Cronus Cyber Technology Ltd. Business Overview

11.7.3 Cronus Cyber Technology Ltd. Banking Security Introduction

11.7.4 Cronus Cyber Technology Ltd. Revenue in Banking Security Business (2018-2023)

11.7.5 Cronus Cyber Technology Ltd. Recent Development

11.8 Verodin, Inc.

11.8.1 Verodin, Inc. Company Detail

11.8.2 Verodin, Inc. Business Overview

11.8.3 Verodin, Inc. Banking Security Introduction

11.8.4 Verodin, Inc. Revenue in Banking Security Business (2018-2023)

11.8.5 Verodin, Inc. Recent Development

11.9 XM Cyber Ltd.

11.9.1 XM Cyber Ltd. Company Detail

11.9.2 XM Cyber Ltd. Business Overview

11.9.3 XM Cyber Ltd. Banking Security Introduction

11.9.4 XM Cyber Ltd. Revenue in Banking Security Business (2018-2023)

11.9.5 XM Cyber Ltd. Recent Development

11.10 Guardicore

11.10.1 Guardicore Company Detail

11.10.2 Guardicore Business Overview

11.10.3 Guardicore Banking Security Introduction

11.10.4 Guardicore Revenue in Banking Security Business (2018-2023)

11.10.5 Guardicore Recent Development

13.1 Research Methodology

13.1.1 Methodology/Research Approach

13.1.2 Data Source

13.2 Disclaimer

13.3 Author Details

List of Tables

    Table 1. Global Banking Security Market Size Growth Rate by Type (US$ Million): 2018 VS 2022 VS 2029

    Table 2. Key Players of Video Surveillance

    Table 3. Key Players of Access Control

    Table 4. Key Players of Intrusion Detection

    Table 5. Key Players of Physical Security Information Management

    Table 6. Key Players of Others

    Table 7. Global Banking Security Market Size Growth by Application (US$ Million): 2018 VS 2022 VS 2029

    Table 8. Global Banking Security Market Size by Region (US$ Million): 2018 VS 2022 VS 2029

    Table 9. Global Banking Security Market Size by Region (2018-2023) & (US$ Million)

    Table 10. Global Banking Security Market Share by Region (2018-2023)

    Table 11. Global Banking Security Forecasted Market Size by Region (2024-2029) & (US$ Million)

    Table 12. Global Banking Security Market Share by Region (2024-2029)

    Table 13. Banking Security Market Trends

    Table 14. Banking Security Market Drivers

    Table 15. Banking Security Market Challenges

    Table 16. Banking Security Market Restraints

    Table 17. Global Banking Security Revenue by Players (2018-2023) & (US$ Million)

    Table 18. Global Banking Security Market Share by Players (2018-2023)

    Table 19. Global Top Banking Security Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Banking Security as of 2022)

    Table 20. Ranking of Global Top Banking Security Companies by Revenue (US$ Million) in 2022

    Table 21. Global 5 Largest Players Market Share by Banking Security Revenue (CR5 and HHI) & (2018-2023)

    Table 22. Key Players Headquarters and Area Served

    Table 23. Key Players Banking Security Product Solution and Service

    Table 24. Date of Enter into Banking Security Market

    Table 25. Mergers & Acquisitions, Expansion Plans

    Table 26. Global Banking Security Market Size by Type (2018-2023) & (US$ Million)

    Table 27. Global Banking Security Revenue Market Share by Type (2018-2023)

    Table 28. Global Banking Security Forecasted Market Size by Type (2024-2029) & (US$ Million)

    Table 29. Global Banking Security Revenue Market Share by Type (2024-2029)

    Table 30. Global Banking Security Market Size by Application (2018-2023) & (US$ Million)

    Table 31. Global Banking Security Revenue Market Share by Application (2018-2023)

    Table 32. Global Banking Security Forecasted Market Size by Application (2024-2029) & (US$ Million)

    Table 33. Global Banking Security Revenue Market Share by Application (2024-2029)

    Table 34. North America Banking Security Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 35. North America Banking Security Market Size by Country (2018-2023) & (US$ Million)

    Table 36. North America Banking Security Market Size by Country (2024-2029) & (US$ Million)

    Table 37. Europe Banking Security Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 38. Europe Banking Security Market Size by Country (2018-2023) & (US$ Million)

    Table 39. Europe Banking Security Market Size by Country (2024-2029) & (US$ Million)

    Table 40. Asia-Pacific Banking Security Market Size Growth Rate by Region (US$ Million): 2018 VS 2022 VS 2029

    Table 41. Asia-Pacific Banking Security Market Size by Region (2018-2023) & (US$ Million)

    Table 42. Asia-Pacific Banking Security Market Size by Region (2024-2029) & (US$ Million)

    Table 43. Latin America Banking Security Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 44. Latin America Banking Security Market Size by Country (2018-2023) & (US$ Million)

    Table 45. Latin America Banking Security Market Size by Country (2024-2029) & (US$ Million)

    Table 46. Middle East & Africa Banking Security Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 47. Middle East & Africa Banking Security Market Size by Country (2018-2023) & (US$ Million)

    Table 48. Middle East & Africa Banking Security Market Size by Country (2024-2029) & (US$ Million)

    Table 49. OneSpan Company Detail

    Table 50. OneSpan Business Overview

    Table 51. OneSpan Banking Security Product

    Table 52. OneSpan Revenue in Banking Security Business (2018-2023) & (US$ Million)

    Table 53. OneSpan Recent Development

    Table 54. IBM Corporation Company Detail

    Table 55. IBM Corporation Business Overview

    Table 56. IBM Corporation Banking Security Product

    Table 57. IBM Corporation Revenue in Banking Security Business (2018-2023) & (US$ Million)

    Table 58. IBM Corporation Recent Development

    Table 59. AO Kaspersky Lab. Company Detail

    Table 60. AO Kaspersky Lab. Business Overview

    Table 61. AO Kaspersky Lab. Banking Security Product

    Table 62. AO Kaspersky Lab. Revenue in Banking Security Business (2018-2023) & (US$ Million)

    Table 63. AO Kaspersky Lab. Recent Development

    Table 64. Blackstratus, Inc. Company Detail

    Table 65. Blackstratus, Inc. Business Overview

    Table 66. Blackstratus, Inc. Banking Security Product

    Table 67. Blackstratus, Inc. Revenue in Banking Security Business (2018-2023) & (US$ Million)

    Table 68. Blackstratus, Inc. Recent Development

    Table 69. McAfee Company Detail

    Table 70. McAfee Business Overview

    Table 71. McAfee Banking Security Product

    Table 72. McAfee Revenue in Banking Security Business (2018-2023) & (US$ Million)

    Table 73. McAfee Recent Development

    Table 74. Alert Logic, Inc. Company Detail

    Table 75. Alert Logic, Inc. Business Overview

    Table 76. Alert Logic, Inc. Banking Security Product

    Table 77. Alert Logic, Inc. Revenue in Banking Security Business (2018-2023) & (US$ Million)

    Table 78. Alert Logic, Inc. Recent Development

    Table 79. Cronus Cyber Technology Ltd. Company Detail

    Table 80. Cronus Cyber Technology Ltd. Business Overview

    Table 81. Cronus Cyber Technology Ltd. Banking Security Product

    Table 82. Cronus Cyber Technology Ltd. Revenue in Banking Security Business (2018-2023) & (US$ Million)

    Table 83. Cronus Cyber Technology Ltd. Recent Development

    Table 84. Verodin, Inc. Company Detail

    Table 85. Verodin, Inc. Business Overview

    Table 86. Verodin, Inc. Banking Security Product

    Table 87. Verodin, Inc. Revenue in Banking Security Business (2018-2023) & (US$ Million)

    Table 88. Verodin, Inc. Recent Development

    Table 89. XM Cyber Ltd. Company Detail

    Table 90. XM Cyber Ltd. Business Overview

    Table 91. XM Cyber Ltd. Banking Security Product

    Table 92. XM Cyber Ltd. Revenue in Banking Security Business (2018-2023) & (US$ Million)

    Table 93. XM Cyber Ltd. Recent Development

    Table 94. Guardicore Company Detail

    Table 95. Guardicore Business Overview

    Table 96. Guardicore Banking Security Product

    Table 97. Guardicore Revenue in Banking Security Business (2018-2023) & (US$ Million)

    Table 98. Guardicore Recent Development

    Table 99. Research Programs/Design for This Report

    Table 100. Key Data Information from Secondary Sources

    Table 101. Key Data Information from Primary Sources

List of Figures

    Figure 1. Global Banking Security Market Size Comparison by Type (2023-2029) & (US$ Million)

    Figure 2. Global Banking Security Market Share by Type: 2022 VS 2029

    Figure 3. Video Surveillance Features

    Figure 4. Access Control Features

    Figure 5. Intrusion Detection Features

    Figure 6. Physical Security Information Management Features

    Figure 7. Others Features

    Figure 8. Global Banking Security Market Size Comparison by Application (2023-2029) & (US$ Million)

    Figure 9. Global Banking Security Market Share by Application: 2022 VS 2029

    Figure 10. Banks Case Studies

    Figure 11. Non-Banking Financial Institutions Case Studies

    Figure 12. Banking Security Report Years Considered

    Figure 13. Global Banking Security Market Size (US$ Million), Year-over-Year: 2018-2029

    Figure 14. Global Banking Security Market Size, (US$ Million), 2018 VS 2022 VS 2029

    Figure 15. Global Banking Security Market Share by Region: 2022 VS 2029

    Figure 16. Global Banking Security Market Share by Players in 2022

    Figure 17. Global Top Banking Security Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Banking Security as of 2022)

    Figure 18. The Top 10 and 5 Players Market Share by Banking Security Revenue in 2022

    Figure 19. North America Banking Security Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 20. North America Banking Security Market Share by Country (2018-2029)

    Figure 21. United States Banking Security Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 22. Canada Banking Security Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 23. Europe Banking Security Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 24. Europe Banking Security Market Share by Country (2018-2029)

    Figure 25. Germany Banking Security Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 26. France Banking Security Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 27. U.K. Banking Security Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 28. Italy Banking Security Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 29. Russia Banking Security Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 30. Nordic Countries Banking Security Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 31. Asia-Pacific Banking Security Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 32. Asia-Pacific Banking Security Market Share by Region (2018-2029)

    Figure 33. China Banking Security Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 34. Japan Banking Security Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 35. South Korea Banking Security Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 36. Southeast Asia Banking Security Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 37. India Banking Security Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 38. Australia Banking Security Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 39. Latin America Banking Security Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 40. Latin America Banking Security Market Share by Country (2018-2029)

    Figure 41. Mexico Banking Security Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 42. Brazil Banking Security Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 43. Middle East & Africa Banking Security Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 44. Middle East & Africa Banking Security Market Share by Country (2018-2029)

    Figure 45. Turkey Banking Security Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 46. Saudi Arabia Banking Security Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 47. OneSpan Revenue Growth Rate in Banking Security Business (2018-2023)

    Figure 48. IBM Corporation Revenue Growth Rate in Banking Security Business (2018-2023)

    Figure 49. AO Kaspersky Lab. Revenue Growth Rate in Banking Security Business (2018-2023)

    Figure 50. Blackstratus, Inc. Revenue Growth Rate in Banking Security Business (2018-2023)

    Figure 51. McAfee Revenue Growth Rate in Banking Security Business (2018-2023)

    Figure 52. Alert Logic, Inc. Revenue Growth Rate in Banking Security Business (2018-2023)

    Figure 53. Cronus Cyber Technology Ltd. Revenue Growth Rate in Banking Security Business (2018-2023)

    Figure 54. Verodin, Inc. Revenue Growth Rate in Banking Security Business (2018-2023)

    Figure 55. XM Cyber Ltd. Revenue Growth Rate in Banking Security Business (2018-2023)

    Figure 56. Guardicore Revenue Growth Rate in Banking Security Business (2018-2023)

    Figure 57. Bottom-up and Top-down Approaches for This Report

    Figure 58. Data Triangulation

    Figure 59. Key Executives Interviewed