Digital Payment And Security Market Report | Industry Trends & Forecast 2024

Digital Payment And Security - Market Size

The global market for Digital Payment And Security was estimated to be worth US$ 2315 million in 2023 and is forecast to a readjusted size of US$ 5926.6 million by 2030 with a CAGR of 14.6% during the forecast period 2024-2030.

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Digital Payment and Security is defined as the implementation of security protocol done by payment merchants to avoid the risk of payment fraud. Without the existence and implementation of proper security protocols, payment merchants put themselves and also their customers at risk for payment fraud. With the rapidly increasing digital transactions, a payment security solution is a must to prevent frauds

North American market for Digital Payment And Security was valued at $ million in 2023 and will reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.

Asia-Pacific market for Digital Payment And Security was valued at $ million in 2023 and will reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.

Europe market for Digital Payment And Security was valued at $ million in 2023 and will reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.

The global key companies of Digital Payment And Security include CyberSource Corporation (Visa Inc.), Bluefin Payment Systems LLC, Braintree Payment Solutions LLC, Elavon Inc., SecurionPay, Broadcom Inc., Signified Inc., TokenEx Inc. and TNS Inc., etc. In 2023, the global five largest players hold a share approximately % in terms of revenue.

By Type
• Mobile-based
• Web-based

By Application
• BFSI
• Retail
• IT and Telecom
• Travel and Hospitality

Key Companies
CyberSource Corporation (Visa Inc.), Bluefin Payment Systems LLC, Braintree Payment Solutions LLC, Elavon Inc., SecurionPay, Broadcom Inc., Signified Inc., TokenEx Inc., TNS Inc., Shift4 Corporation

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