DUBLIN--(BUSINESS WIRE)--The "Payment Security Market Size, Share & Trends Analysis Report By Solution (Fraud Detection & Prevention, Encryption, Tokenization), By Platform, By Organization (Large, SMOs), By Application, And Segment Forecasts, 2018 - 2025" report has been added to ResearchAndMarkets.com's offering.
The global payment security market size is expected to reach USD 43.76 billion by 2025, progressing at a CAGR of 12.3% during the forecast period.
Rising need for PCI DSS (payment card industry data security standard) compliance and adoption of digital payment mode by consumers are likely to stoke the growth of the market. The payments industry is going through a movement of infrastructure transformation, which is essential to compete efficiently with non-bank trendsetters and address progressing customer requirements.
Over the past few years, major economies have modernized their payment infrastructures and many others are scheduling to upgrade. Digital payments aid merchants in maintaining continuous compliance with PCI DSS, which is further anticipated to bolster the growth of the payment security market. In March 2015, Worldpay noted over 133,000 fraudulent transactions reported, which interpreted stolen card details being used every 20 seconds. Thus, payment security providers help its customer's systems to protect itself from threats and aim to provide secure businesses by getting them to comply with PCI DSS. Therefore, the payment security market is estimated to be driven by the adoption of PCI DSS compliance.
Fraud detection and prevention solutions hold the largest share in the overall market. These solutions provide various fraud analytics solutions such as big data and predictive analytics. Big data and predictive analytics helps to detect and avoid frauds.
Key players include Braintree, CyberSource, Ingenico, and Index among others. These players commanded the leading revenue share in the market in 2017.
Key Topics Covered:
Chapter 1 Report Scope
Chapter 2 Methodology
Chapter 3 Objective
Chapter 4 Executive Summary
Chapter 5 Market Definition
Chapter 6 Industry Outlook
Chapter 7 Market Summary
Chapter 8 Value Chain Analysis
Chapter 9 Competitive And Vendor Landscape
Chapter 10 Payment Security Market: Solution Outlook and Trend Analysis
Chapter 11 Payment Security Market: Platform Outlook and Trend Analysis
Chapter 12 Payment Security Market: Organization Outlook and Trend Analysis
Chapter 13 Payment Security Solution Estimates & Trend Analysis
Chapter 14 Regional Outlook
Chapter 15 Company Profiles
- Bluefin Payment Systems
- Braintree Payments Solutions, LLC
- CyberSource (Visa Inc.)
- Elavon
- GEOBRIDGE Corporation
- Index
- Ingenico Group
- MasterCard
- Shift4 Payments LLC
- Verifone Systems Inc.
For more information about this report visit https://www.researchandmarkets.com/research/hmwntd/global_payment?w=4
