Haridwar Today

Payment Security Market To Witness 12.3% CAGR By 2025: Platform Outlook, Regional Overview, Application Synopsis And Prominent Players Analysis By Million Insights

 Breaking News
  • No posts were found

Payment Security Market To Witness 12.3% CAGR By 2025: Platform Outlook, Regional Overview, Application Synopsis And Prominent Players Analysis By Million Insights

October 21
07:21 2020
Payment Security Market To Witness 12.3% CAGR By 2025: Platform Outlook, Regional Overview, Application Synopsis And Prominent Players Analysis By Million Insights

Million Insights – World’s Fastest Growing Market Research Database
According to a new report available with Million Insights, the global payment security industry research report offers a thorough analysis of industry size, share, growth, current trends, and application. This study enables numerous opportunities for market players to invest in research and development.

The global payment security market size is anticipated to reach USD 43.76 billion by 2025. It is also expected to register a 12.3% CAGR during the forecasted period, 2018 to 2025. The rising adoption of the internet and smartphones for cashless payment is driving the market growth of payment security.

The segment of fraud detection and prevention held the largest share and generated revenue of USD 8.07 Billion in 2017 owing to the implementation of several strategies like customer analytics, behavioral analytics, big data analytics, and governance for marketing purposes. On the other hand, the segment of encryption solutions is anticipated to witness 12.8% CAGR on account of its cost-effective nature as compared to other solutions.

To download the sample PDF of “Payment Security Market” Report please click here: https://www.millioninsights.com/industry-reports/global-payment-security-market/request-sample 

 

The POS-based platform segment dominated the global market in 2017 on account of its features like low transaction fees, faster settlement, and secured transactions. Also, increasing consumer interest in online payments, convenience, and ease of online shopping is projected to drive the growth for this segment in the upcoming years. 

North America held the largest share in 2017 due to the shifting trend towards online payments and net banking across this region. The Asia Pacific is expected to register the highest growth during the forecasted years, 2018 to 2025 on account of the increasing number of consumer goods and retail startups in countries like India and China. 

The payment security market includes key players such as MasterCard, Visa Inc., Bluefin, Ingenico, and Braintree. These players are investing hugely in R&Ds to gain a competitive advantage over other players. They are also adopting technologies like AI (Artificial Intelligence), Machine Learning and IoT (Internet of Things). 

To browse the report summary & detailed TOC, please click the link below:
https://www.millioninsights.com/industry-reports/global-payment-security-market

 

Further key findings from the report suggest:

•The segment of small & medium enterprises generated a revenue of USD 4.79 Billion in 2017.

•In 2017, the application segment of retail & e-commerce dominated the global market with a share of around 28%.

•North America held the largest share across the global market in 2017.

•The key players in this market are MasterCard, Visa Inc., Bluefin, Ingenico, and Braintree.

Million Insights has segmented the global payment security market on the basis of solution, platform, organization, application, and region:

Payment Security Solution Outlook (Revenue, USD Million, 2014 – 2025)
    • Encryption
    • Tokenization
    • Fraud Detection & Prevention

Payment Security Platform Outlook (Revenue, USD Million, 2014 – 2025)
    • Web based
    • POS based

Payment Security Organization Outlook (Revenue, USD Million, 2014 – 2025)
    • Small and Medium Enterprises
    • Large Enterprises

Payment Security Application Outlook (Revenue, USD Million, 2014 – 2025)
    • Retail & Ecommerce
    • Travel & Hospitality
    • Healthcare
    • Telecom & IT
    • Education
    • Media & Entertainment
    • Others

Payment Security Regional Outlook (Revenue, USD Million, 2014 – 2025)
    • North America
        • U.S.
        • Canada
        • Mexico
    • Europe
        • U.K.
        • Germany
        • France
        • Italy
        • Turkey
        • Sweden
        • Spain
        • Poland
    • Asia Pacific
        • China
        • India
        • Japan
        • South Korea
        • Taiwan
        • Thailand
        • Malaysia
        • Singapore
        • Indonesia
        • Australia
    • South America
        • Brazil
        • Argentina
    • Middle East & Africa
        • U.A.E.
        • Saudi Arabia
        • Egypt

Browse the latest market research reports by Million Insights:

Harmonic Filter Market: The harmonic filter market size across the globe was valued USD 768.5 million in 2017. It is projected to witness a CAGR of 7.1% over the forecasted years, 2018 to 2025. The rising demand to reduce harmonic vibrations that are created by unstable loads present in electrical components is projected to trigger the market growth for harmonic filters across the globe.

Dashboard Camera Market: The global dashboard camera market size was accounted for USD 2.8 billion in 2019. It is projected to witness a CAGR of 12.9% over the forecasted years, 2020 to 2027. The increasing need to ensure vehicle safety and security coupled with the initiatives being undertaken by governing authorities for the promotion of these products is expected to propel the market growth.

About Million Insights

Million Insights, is a distributor of market research reports, published by premium publishers only. We have a comprehensive marketplace that will enable you to compare data points, before you make a purchase. Enabling informed buying is our motto and we strive hard to ensure that our clients get to browse through multiple samples, prior to an investment. Service flexibility & the fastest response time are two pillars, on which our business model is founded. Our market research report store includes in-depth reports, from across various industry verticals, such as healthcare, technology, chemicals, food & beverages, consumer goods, material science & automotive.

Media Contact
Company Name: Million Insights
Contact Person: Ryan Manuel
Email: Send Email
Phone: 91-20-65300184
Address:Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar
City: Pune
State: Maharashtra
Country: India
Website: https://www.millioninsights.com/industry-reports/global-payment-security-market


Warning: count(): Parameter must be an array or an object that implements Countable in /home/haridwartoday/public_html/wp-content/themes/legatus-theme/includes/single/post-tags.php on line 5
Share

Recent Posts

M&A Activity in IoT Spending in Pharmaceutical Manufacturing Market to Set New Growth Cycle

Read Full Article

Categories