WiseGuyReports.Com Publish a New Market Research Report On - “Mobile Payment Security Software 2017 Global Market Expected to Grow at CAGR 23.7% and Forecast to 2020”.

New York, NY -- (ReleaseWire) -- 10/17/2017 --The analysts forecast the global mobile payment security software market to grow at a CAGR of 23.7% during the period 2016-2020.

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.

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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

The 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
- Google
- 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?

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Table Of Contents – Major Key Points

PART 01: Executive summary
- Highlights

PART 02: Scope of the report
- Geographical information
- Summation errors
- Currency exchange rates

PART 03: Market research methodology
- Research methodology
- Economic indicators

PART 04: Assumptions

PART 05: Introduction
- Key market highlights

PART 06: Market description
- Working flow of mobile payment security
- Advantages and disadvantages of mobile payment security software

PART 07: Market developments
- Emergence of SSO option
- Adoption of digital wallets
- Host card emulation
- Tokenization

PART 08: Market landscape
- Market overview
- Global mobile payment market
- Value chain of mobile payment
- Global mobile payment security software market

PART 09: Product life cycle analysis

PART 10: Geographical segmentation
- Global mobile payment security software market by geography
- Global mobile payment security software market by geography (revenue)

PART 11: Buying criteria

PART 12: Market drivers
- Increased use of wireless networks
- Advanced and sophisticated threats
- Increase in compliance requirements
- Rise in number of online transactions

PART 13: Impact of drivers

PART 14: Market challenges
- Intense vendor competition
- Lack of strong telecom infrastructure in developing countries
- Lack of awareness about mobile payment security software among customers

PART 15: Impact of drivers and challenges

PART 16: Market trends
- Introduction of mobile biometrics
- Development of multi-factor authentication
- Increased adoption of multimodal biometrics
- Emergence of NFC-based payments

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