Payment Security Market is Projected To Grow at a CAGR of 11.5% During The Forecast Period 2023-2032 | Key Players: Ingenico ePayment, Intelligent Payments, Geobridge Corporation

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Published January 25, 2023

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Payment Security Market” is the title of a new report from Quince Market Insights. Key growth strategies, drivers, opportunities, key segments, Porter’s Five Forces analysis, and competitive environment are all dissected in detail in the research. In this era of globalization, many businesses highly demand for such international market research reports to support decision-making. According to an all-inclusive Payment Security market report, the global market is expected to witness a relatively higher growth rate during the forecast period. Moreover, the report consists of detailed profiles for the Payment Security market’s major manufacturers and importers who are influencing the market. The report also estimates the market size, and the revenue generated from the sales and technologies by various application segments. Analysis of upstream raw materials, downstream demand and current market dynamics is also carried out in the superior Payment Security market research report.

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Payment Security involves the process businesses adopt to visualize and gain insights based on correlation, hidden patterns, the market’s changing trends, and more. For instance, in May 2022, Transaction Network Services (TNS) unveiled its recent Point of Sale (POS) terminals at PACE in Adelaide, Australia, part of the TNS accepted product collection for the parking industry. These POS devices provide a secure payment experience for consumers who want to pay by card, digital or contactless wallet in various areas such as retail stores, parking lots, electric vehicle charging, and vending machines.

The research report includes specific segments by region (country), company, type, and application. This study provides information about the sales and revenue during the historical and forecasted period. Understanding the segments helps identify the factors that aid the market growth. The Payment Security research report provides information about the market area, which is further subdivided into sub-regions and countries/regions. In addition to the market share in each country and sub-region, this report chapter also contains information on profit opportunities.

The List of Key Players Profiled in the Study Includes: Ingenico ePayment, Intelligent Payments, Geobridge Corporation, PayPal Holdings, Elavon, Index, Shift4 Corporation, Transaction Network Services Inc., TokenEx LLC, CyberSource Corporation, Symantec Corporation, Trend Micro, Gemalto NV, Vasco Data Security International, Intel Corporation, Bluefin Payment System, Braintree, CA Technologies, and Cisco Systems Inc.

Recent Developments of the Payment Security Market:

• In July 2018, NCR (US) collaborated with Bluefin (US) to improve its client’s experience by providing Bluefin’s PCI-validated point-to-point encryption (P2PE) security solution. The security solution is provided to merchants and retailers utilizing NCR’s Counterpoint Retail Solution to process payments through NCR Secure Pay.
• In July 2018, Visa (US) entered into a strategic partnership with Sabre (US), allowing it to utilize CyberSource to provide a full suite of payment acceptance, fraud management, and authentication services

Impact Factors: 

• A growing number of data breaches.
• Requirements of Payment Card Industry Data Security Standard (PCI DSS) guidelines.
• Increasing awareness among the end-user towards payment security and government initiatives towards promoting the cashless mode of payments.
• Technological developments in mobile commerce.

Our Free Sample Report Consists of the Following:

  • Introduction, Overview, and in-depth industry analysis are all included in the 2023 updated report.
  • The COVID-19 Pandemic Outbreak Impact Analysis is included in the package.
  • About 340+ Pages Research Report (Including Recent Research)
  • Provide detailed chapter-by-chapter guidance on Request
  • Updated Regional Analysis with Graphical Representation of Size, Share, and Trends for the Year 2023
  • Includes Tables and figures have been updated
  • The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis
  • Quince Market Research research methodology

Segmentations Covered in the Report:

A Thorough evaluation of the restraints included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market experts’ opinions have been taken to understand the market better.

By Solution (Encryption, Tokenization, Fraud Detection & Prevention),

By Platform (Web Based, POS Based), By Organization (Small & Medium Enterprises, Large Enterprise),

By Application (Retail & E-Commerce, Travel & Hospitality, Healthcare, Telecom & IT, Education, Media & Entertainment, Others)

Regional Overview:

  • North America (the United States of America, Canada, and Mexico)
  • Asia-Pacific (Japan, China, India, Australia, Rest of Asia Pacific)
  • Europe (Germany, UK, France, Rest of Europe)
  • Central & South America (Brazil, Argentina, Rest of South America)
  • Middle East & Africa (United Arab Emirates, Saudi Arabia, South Africa, Rest of Middle East & Africa)

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The report provides insights on the following pointers:

➦ Market Penetration: Comprehensive information on the product portfolios of the top players in the Payment Security market

➦ Product Development/Innovation: Detailed insights on upcoming technologies, R&D activities, and product launches in the market

➦ Competitive Assessment: In-depth assessment of the market strategies, and geographic and business segments of the leading players in the market

➦ Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies

➦ Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Payment Security Market

Key questions answered in this report:

  • What is the market size and growth rate forecast for Payment Security industry?
  • What are the main driving factors propelling the Payment Security Market forward?
  • What are the leading companies in the Payment Security Industry?
  • What segments does the Payment Security Market cover?
  • How can I receive a free copy of the Payment Security Market sample report and company profiles?

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