Payment Security Market 2017- Design Competition Strategies and Leaders: Ingenico ePayments, GEOBRIDGE, PayPal Holdings, Shift4, TokenEx, CyberSource

Market Research Future published a research report on “Payment Security Market Research Report- Global Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

Market Highlights

The global payment security market is expected to witness a high growth in the coming years. The payment security system is growing with the increasing numbers of e-Commerce and m-commerce transactions. Moreover, the tokenization technology is innovation to this market which improve payment security and provide a payment process. It provides the customer authentication without affecting the transaction’s security.

The study indicates that the e-commerce allows the secure online payment solution, which generate unique virtual number. The online payment transactions is using digital signatures to ensure authentication of transactions. While, Secure Sockets Layer is the most commonly used protocol across the industry as it meets the security requirement such as authentication, encryption, integrity, non-reputability.

The Global Payment Security Market is growing rapidly over ~17% of CAGR and is expected to reach approximately USD~ 27 Billion by the end of forecast period.

Taste the market data and market information presented through more than 30 market data tables and figures spread over 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “The Payment Security Market Research Report -Forecast to 2023”.

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Study Objectives of Payment Security Market.

• To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the Payment Security Market.
• To provide insights about factors affecting the market growth.
• To analyze the Payment Security Market based porter’s five force analysis etc.
• To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW)
• To provide country level analysis of the market with respect to the current market size and future prospective
• To provide country level analysis of the market for segment by type, application and End-User.
• To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
• To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Payment Security.

Key Players

The prominent players in the Payment Security Market are – Ingenico ePayments (Netherlands), Intelligent Payments (Gibraltar), GEOBRIDGE Corporation (US), PayPal Holdings (US), Elavon (US), Index (US), Shift4 Corporation (US), Transaction Network Services (TNS) Inc. (US), TokenEx, LLC (US) and CyberSource Corporation (US), among others.

Segments:

The global payment security market has been segmented on the basis of component, organization size, end-users, and region.

Global Payment Security Market by Component:

- Solution

• Encryption
• Tokenization
• Fraud detection and prevention

- Services

• Support services
• Integration services
• Consulting service

Global Payment Security Market by Organization Size:

• Large enterprises
• Small and Medium-Sized Enterprises (SMEs)
• Others

Global Payment Security Market by End-Users:

• BFSI
• Healthcare
• IT and telecom
• Travel and hospitality
• Others

Global Payment Security Market by Regions:

• North America
• Europe
• APAC
• Rest of the World

Market Research Analysis:

On geographic basis, the global payment security market is studied in different regions as America, Europe, Asia-Pacific and Rest of world. It has been observed that North America region is leading with largest market share in the payment security market. In this region, this market is growing due to the payment security system maintains the log file till it is practical to maintain. Europe is estimated to be the second largest market for payment security during the forecast period, this is due to the increasing demand of on-line payment security which recognize the fault diagnosis and prognosis of the system. In APAC region is estimated to the highest CAGR in the forecast years the companies are investing to enhanced payment security and provide the best solution to the customer

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Intended Audience

• Payment Security manufacturers
• Original equipment manufacturers
• Government agencies
• Payment security vendors
• Network solution providers
• Independent software vendors
• Consulting firms
• System integrators
• Research institutes and organizations
• Technology standards organizations
• Technology investors
• Research institutes,
• System Integrators
• Research/Consultancy firms

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