3D Secure Payment Market Research, Outlook, Demand, Analysis 2024-2033

"The new report published by The Business Research Company, titled ""3D Secure Payment Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the 3d secure payment market size has grown rapidly in recent years. It will grow from $1.26 billion in 2023 to $1.43 billion in 2024 at a compound annual growth rate (CAGR) of 13.1%. The 3d secure payment market size is expected to see rapid growth in the next few years. It will grow to $2.38 billion in 2028 at a compound annual growth rate (CAGR) of 13.6%.

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Consumer Preferences Towards Online Shopping Fuels Growth In The 3D Secure Payment Market
Consumer preferences towards online shopping are expected to propel the growth of the 3D secure payment market going forward. Online shopping refers to a type of electronic commerce in which a customer uses a web browser to browse the internet for products and services before making a purchase. Factors such as customers' access to more information, opportunities to compare items and pricing, a wider variety of products, convenience, and the ability to quickly locate desired products are helping consumers' preferences towards online shopping, where 3D Secure payment is an additional layer of cardholder authentication and provides security for online payment. For Instance, in November 2022, according to Tidio Ltd., a Poland-based payment platform for small and medium businesses, in the US, digital buyers are expected to reach 285 million in 2025 as compared to 268 million in 2022. Therefore, consumer preferences towards online shopping are driving the growth of the 3D secure payment market.

Product Innovations Transform The 3D Secure Payment Market
Product innovation is a key trend gaining popularity in the 3D Secure Payment market. Major market players are concentrating their efforts on creating innovative technologies and products such as 3-D Secure 2 (3DS2), frictionless authentication, 3D Secure 2.0 (3DS2), and biometric payments to strengthen their position in the market. For Instance, in August 2022, Zuora Inc., a US-based enterprise software company, integrated 3D Secure 2.0 (3DS2), which is a widely recommended solution for strong customer authentication (SCA) under PSD2. Using the integrated iFrame of Payment Pages 2.0, the Stripe v2 gateway supports 3DS2. 3-D Secure 2.0 helps mobile apps and linked devices, and 3-D Secure 2.0 aids in securing and accelerating digital payment security and transactions.

The 3d secure payment market covered in this report is segmented -

1) By Component: Merchant Plug-in, Access Control Server, Other Components
2) By Type: On-Premise, Cloud-Based
3) By Application: Banks, Merchants And Payment Gateway

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Major companies operating in the 3d secure payment market report are GPayments Pty Ltd., Broadcom Inc., Mastercard Inc., Visa Inc., Bluefin Payment Systems LLC, American Express Company, RSA Security LLC, DECTA Limited, Modirum Oy, Marqeta, Entersekt, SIA S.p.A., Worldline SA, Elavon Inc., Adyen, AsiaPay, GMO Payment Gateway, Joseph Cyril Bamford Excavators Ltd., Fiserv Inc., ACI Worldwide Inc., PayPal Holdings Inc., Stripe Inc., CardinalCommerce Corporation, CyberSource Corporation, Forter Inc., Global Payments Inc., Ingenico Group, PayU, Rapyd Financial Network Ltd., Signifyd Inc., Skrill Limited, Worldpay Inc., Zoho Corporation .

Contents of the report:
1. Executive Summary
2. 3D Secure Payment Market Report Structure
3. 3D Secure Payment Market Trends And Strategies
4. 3D Secure Payment Market - Macro Economic Scenario
5. 3D Secure Payment Market Size And Growth
…..
27. 3D Secure Payment Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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