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Payment Security Market Reach 23200 Million US$ by the End of 2025, with a CAGR of 13.5%: Increased Adoption of Digital Payment Modes

Global (United States, European Union and China) Payment Security Market Size, Status and Forecast 2018-2025

 

Pune, India -- (SBWIRE) -- 11/08/2018 -- Security of Payment refers to any system designed to ensure that contractors and sub-contractors are paid even in case of dispute.

The major growth drivers of the market include increased adoption of digital payment modes, need to adhere to PCI DSS guidelines, and rise in fraudulent activities on eCommerce.

In 2017, the global Payment Security market size was 8410 million US$ and it is expected to reach 23200 million US$ by the end of 2025, with a CAGR of 13.5% during 2018-2025.

This report focuses on the global Payment Security status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Payment Security development in United States, Europe and China.

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The key players covered in this study

Bluefin Payment Systems (US)

Index (US)

CyberSource (US)

Elavon (US)

Ingenico epayments (Netherlands)

Sisa Information Security (US)

Intelligent Payments (UK)

Geobridge Corporation (US)

Shift4 Corporation (US)

TNS(US)

Tokenex, LLC (US)

Braintree (US)

Market segment by Type, the product can be split into

Encryption

Tokenization

Fraud detection and prevention

Market segment by Application, split into

Retail

Travel and Hospitality

Healthcare

IT and Telecom

Education

Media and Entertainment

Market segment by Regions/Countries, this report covers

United States

Europe

China

Japan

Southeast Asia

India

Central & South America

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The study objectives of this report are:

To analyze global Payment Security status, future forecast, growth opportunity, key market and key players.

To present the Payment Security development in United States, Europe and China.

To strategically profile the key players and comprehensively analyze their development plan and strategies.

To define, describe and forecast the market by product type, market and key regions.

In this study, the years considered to estimate the market size of Payment Security are as follows:

History Year: 2013-2017

Base Year: 2017

Estimated Year: 2018

Forecast Year 2018 to 2025

For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

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