Payment security Market Share 2019: Global Trends, Key Players, Industry Analysis, Report to 2025

1. Orion Market Research Payment security Market Report 2019: By Key Players, Trends, Share and Forecast 2019-2025 Request a sample of our report on Payment security Market: https://www.omrglobal.com/request- sample/payment-security-market-size ------------------------------------------------------------------------------------ Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: anurag@omrglobal.com Contact no: +91 7803040404

2. The global payment security market is projected to have a significant CAGR of around 14% during the forecast period. The major factors propelling the market growth of the market include- increasing digitalization across the globe, growing demand for mobile and internet banking, and rising payment security solutions in the BFSI industry coupled with internet penetration. Rising internet penetration is primarily encouraging the banks to adopt advanced payment platforms to attract customers towards their banks. For instance, as per Asia-Pacific Economic Co-Operation (APEC), there was 55.8% internet penetration in China which equals to 772 million internet users in 2018. Moreover, there were 209 million Internet users in rural areas (27.0% of total Internet users) in China in 2018. (Get 15% Discount on Buying this Report) A full report of Payment security Market is available at: https://www.omrglobal.com/industry- reports/payment-security-market-size The growing payment transaction in the retail industry is backing the growth of the global payment security market. For instance, Alibaba and Tencent are leading the mobile payment sector in China and have branched out to other parts of the financial services supply chain. As per the International Monetary Fund (IMF), the value of China’s consumption-related mobile payments by individuals totaled $790 billion in 2016. Additionally, rising venture capital funding in China for key digitalization technologies, such as AI and VR is further anticipated to offer significant opportunity for the advent of advanced technologies that tend to increase reliability and safety in banking transaction. This, in turn, will drive the growth of the payment security industry. To learn more about this report request a free sample copy @https://www.omrglobal.com/request- sample/payment-security-market-size Segmental Outlook The global payment security market is classified on the basis of solution and industry. Based on the solution, the market is further categorized into encryption, tokenization, fraud detection and prevention. There are various industries using payment security solutions and contributing to the growth of the market. The various industries include retail and commercial, travel and hospitality, BFSI, IT and telecom, media and entertainment, and others (healthcare, education). The fraud detection and prevention solutions are anticipated to have significant market growth during the forecast period. The increasing number of fraud-related activities in BFSI and retail industry encouraging the demand for fraud detection and prevention solutions across the globe.

3. Global Payment Security Market to Be Driven by Retail and Commercial Industry Retail and commercial segment is projected to have a significant market share during the forecast period. The segmental growth is attributing to rising demand for online shopping and increasing adoption of smartphones coupled with significant internet penetration. For instance, according to the US Census Bureau, the estimate of the US retail e-commerce sales for the second quarter of 2019 was $146.2 billion, an increase of 4.2% from the first quarter of 2019. Mobile devices have a significant role to perform an e-commerce transaction. This, in turn, is contributing significantly to the growth of retail and commercial industry that further contribute to the market share. For more customized data, request for report customization @ https://www.omrglobal.com/report- customization/payment-security-market-size Payment security Market Segmentation By Solution Encryption Tokenization Fraud detection and Prevention By Industry Retail and Commercial Travel and Hospitality BFSI IT and Telecom Media and Entertainment Others (Healthcare, Education) Payment security Market – Segment by Region North America United States Canada

4. Europe Germany United Kingdom France Spain Italy Rest of Europe Asia-Pacific China Japan India Rest of Asia-Pacific Rest of the World Middle East & Africa Latin America Company Profiles 2Checkout Acculynk, Inc. Adyen Bluefin Payment Systems LLC BluePay Processing, LLC CA Technologies (A Broadcom Company) CipherCloud CyberSource Corp. (A Visa Inc. Company) Elavon Inc. First Data Corp. Gemalto NV (A Thales Group Company) Index Systems, Inc. Ingenico Group, S.A. Intelligent Payments Group Ltd.

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