Growing Rise in E-commerce Transactions Boosts 3D Secure Payment Market Size to $1.61 Billion in 2025 with a CAGR of 13.1%

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Built on the digital revolution, the 3D Secure Payment market witnesses a massive growth influenced by the increasing e-commerce transactions and surging cybersecurity concerns, setting the market trajectory to reach $1.61 Billion in 2025._x000D_
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What Is The Projected Market Size Of The Global 3D Secure Payment Market And Its Growth Rate?_x000D_
The 3D secure payment market exhibits a sharp growth trajectory. _x000D_
•Projected Market Size in 2024: $1.42 billion_x000D_
•Projected Market Size in 2025: $1.61 billion (CAGR: 13.1%)_x000D_
•Expected Market Size in 2029: $2.74 billion (CAGR: 14.2%)_x000D_
This growth is majorly facilitated by increasing e-commerce transactions, growing cybersecurity concerns, rise in mobile commerce, increased payment card usage, digital shift in payments, rising mobile wallet usage, increased cross-border transactions, adoption by new industry verticals, data security demands, and ongoing cybersecurity threats._x000D_
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What Is Driving The Growth In The 3D Secure Payment Market?_x000D_
The preference of consumers towards online shopping is expected to propel the growth of the 3D secure payment market. Online shopping, a type of electronic commerce, refers to activities where customers browse the internet for products and services and make a purchase. Factors contributing to a rise in consumers' preference towards online shopping such as customers' access to more information, opportunities to compare items and pricing, a wider variety of products, and convenience are driving the growth of the 3D secure payment market. In November 2022, a report by Tidio Ltd., a Poland-based payment platform for small and medium businesses, predicted digital buyers in the US to reach 285 million in 2025 from 268 million in 2022. Therefore, a surge in consumer preference towards online shopping is expected to fuel the growth of the 3D Secure payment market. _x000D_
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Who Are the Key Players Driving 3D Secure Payment Market Growth?_x000D_
Key players operating in this market include:_x000D_
- GPayments Pty Ltd._x000D_
- Broadcom Inc._x000D_
- Mastercard Inc._x000D_
- Visa Inc._x000D_
- Bluefin Payment Systems LLC_x000D_
- American Express Company_x000D_
- RSA Security LLC_x000D_
- DECTA Limited_x000D_
- Modirum Oy_x000D_
- Marqeta and many others_x000D_
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What Are The Key Trends In The 3D Secure Payment Market?_x000D_
Key trends in the 3D secure payment market include:_x000D_
- Real-time transaction monitoring_x000D_
- Strong customer authentication (SCA) compliance_x000D_
- Tokenization for secure payments_x000D_
- Multi-channel authentication_x000D_
- Authentication innovation beyond passwords_x000D_
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What Are The Segments Of The Global 3D Secure Payment Market?_x000D_
The market is segmented based on: _x000D_
- Component: Merchant Plug-In, Access Control Server, Other Components_x000D_
- Type: On-Premise, Cloud-Based_x000D_
- Application: Banks, Merchants, and Payment Gateway_x000D_
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Which Region Leads The 3D Secure Payment Market?_x000D_
North America was the largest and dominant region in the 3D secure payment market in 2024. However, Asia-Pacific is expected to outpace other regions and emerge as the fastest-growing region in the 3D secure payment market. The market report covers the following regions: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa._x000D_
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https://www.thebusinessresearchcompany.com/report/3d-secure-payment-global-market-report_x000D_
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What Is Covered In The 3D Secure Payment Global Market Report?_x000D_
- Market Size Analysis: Analyze the 3D Secure Payment Global Market size by key regions, countries, product types, and applications._x000D_
- Market Segmentation Analysis: Identify various subsegments within the 3D Secure Payment Global Market for effective categorization._x000D_
- Key Player Focus on key players to define their market value, share, and competitive landscape._x000D_
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market._x000D_
- Market Contribution: Evaluate contributions of different segments to the overall 3D Secure Payment Global Market growth._x000D_
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers._x000D_
- Industry Challenges: Analyze challenges and risks affecting the 3D Secure Payment Global Market._x000D_
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market._x000D_
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