Press release
Global Mobile Payment Security Software Market Growth at CAGR of 23.7% by 2020
Due to the growing instances of theft of confidential financial data, a number of customers are adopting mobile payment security software for mobile devices. This will prevent fraudsters from gaining access to credit and debit card details as the entire payment transaction requires authorization between the merchant's acquirer and issuing bank.The rising adoption of m-commerce and mobile banking is likely to increase the adoption of mobile payment security software. There is also a growing need to secure personal financial information among users, which is fostering the growth of the market.
Technavios analysts forecast the global mobile payment security software market to grow at a CAGR of 23.7% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global mobile payment security software market for 2016-2020. To calculate the market size, Technavio considers the revenue generated from the installation of mobile payment security software in mobile devices that only cover smartphones and tablets. The revenue generated from after-sales services is not considered.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Mobile Payment Security Software Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Apple
CA Technologies
Gemalto
VASCO
Other prominent vendors
Chase Paymentech Solutions
HP Enterprise
Intel
MagTek
UL
Vantiv
Market driver
Increased use of wireless networks
For a full, detailed list, view our report
Market challenge
Intense vendor competition
For a full, detailed list, view our report
Market trend
Introduction of mobile biometrics
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
MRRbiz supports your business intelligence needs with over 700,000 market research reports, company profiles, data books, and regional market data sheets in its repository. Our document database is updated by the hour, which means that you always have access to fresh data spanning over 300 industries and their sub-segments.
State Tower
90 State Street, Suite 700
Albany, NY 12207
United States
Toll Free: 866-997-4948
(USA-Canada)
Tel: +1-518-621-2074
E: sales@marketresearchreports.biz
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Mobile Payment Security Software Market Growth at CAGR of 23.7% by 2020 here
News-ID: 733003 • Views: …
More Releases from MarketResearchReports.biz
Hydro-flyers Market: Moving Towards a Brighter Future
A hydro-flyer is an adventure sporting device which uses the propulsion of water jet technology to create continuous flight movement, where the lift and movement are controlled by the flyer. Hydro-flyers sporting devices make use of the flow of water power to drive the flyer to reach soaring heights. The rise in water sporting facilities is one of the major factors that promote the growth and demand for hydro-flyers in…
Outdoor Floodlights: Technology and Market Dynamics
Outdoor floodlights is a reliable, highly efficient, and economical solution for a wide range of outdoor applications. These lights are resistant to temperature fluctuations and they remain stable even in extreme climatic conditions. Unlike the traditional lights, floodlights remain stable and functional even in harsh climatic conditions. This makes them ideal for use in any climate and any outdoor application. Outdoor floodlights save a significant amount of energy and consume…
Snow Helmets Market Future Prospects and Regional Outlook
Riders are riding faster and getting bolder day by day. Hence, safety equipment need to be updated as per the requirement and changing time. Earlier, helmets were primarily used by extreme skiers and racers. They were used only on slopes. However, later, the use of helmets was made compulsory. Earlier, bulky black helmets were used by riders, which are outdated at present. Currently, new stylish helmets that can match with…
Predictions for 2019: Global Sparkling Water Dispensers Industry Is Set to Boom
Sparkling water dispensers are equipment used for dispensing carbonated water. These dispensers mix the still, filtered water with carbon dioxide before dispensing. Sparkling water dispensers are mostly used in households and commercial establishments such as amusement parks, hotels, restaurants, and sports arenas. A sparkling water dispenser has separate outlets for hot water and cold water. The hot water outlet does not require a separate filtration process. However, cold water is…
More Releases for Technavio
Technavio: Global Automotive Start-stop System Market
June 15, 2017 - Technavio’s latest report on the global automotive start-stop system market provides an analysis of the most important trends, drivers, and challenges expected to impact the market outlook from 2017-2021. This market research report includes up to date analysis, share breakdown, and projections for various application, end-user, product, distribution, and geographical segments. The report also provides an in-depth vendor landscape, covering various large and small stakeholders in…
Fiber Channel over Ethernet (FCoE) Market Booming: TechNavio Report
TechNavio, the independent tech-focused global research firm, has published their report on the Global Fiber Channel over Ethernet (FCoE) Market. The market is growing at a CAGR of 37.73 percent from 2013-2018.
An FCoE is a storage protocol that enables fiber channel communications over Ethernet. The use of FCoE consolidates network data transmission and reduces the complexity of data centers. FCoE transmission condenses fiber channel frames into Ethernet frames, which can…
TechNavio Publishes Global Metal Organic Chemical Vapor Deposition (MOCVD) Equip …
TechNavio, the independent tech-focused global research firm, has announced the publication of its report on the Global Metal Organic Chemical Vapor Deposition Equipment Market, which is posting a CAGR of 14.13 percent from 2013-2018.
Market growth in this area is being attributed to high demand for LED lighting, as MOCVD equipment is used in the production of LEDs. As this technology is used more and more frequently in consumer electronics…
Global Hard Disk Drive Market Struggling for Growth: TechNavio Report
A recent report by TechNavio, the independent tech-focused global research firm, shows the Global Hard Disk Drive (HDD) Market is faltering in the presence of newer technologies like solid state drives (SSDs) and cloud storage. The market is only expecting growth of 0.13 percent CAGR through 2018.
HDDs are comprised of one or more rotating disks, covered in magnetic material. While they are able to store a lot of data…
TechNavio Announces the Publication of its Report - Global Nebulizer Market 2010 …
London, UK, December 11, 2011 -- TechNavio today launched its report, Global Nebulizer Market 2010-2014, which is based on an in-depth study of the Americas and the EMEA and APAC regions. The report aims to aid decision makers understand the current and future landscape of this market.
Commenting on the report, an analyst from TechNavio’s Healthcare team said, "The worldwide aging population is increasing at a steady pace, which in turn…
TechNavio Announces the Publication of its Report - Global LED Market 2010-2014
London, UK, December 10, 2011 -- TechNavio today launched its report, Global LED Market 2010-2014, which is based on an in-depth study of the Americas and the EMEA and APAC regions. The report aims to aid decision makers understand the key trends impacting the growth of this market.
Commenting on the report, an analyst from TechNavio’s Hardware team said, "Governments and public sector departments across the world have begun to realize…
