Global Payment Security Market overview:

Global Payment Security Market would grow to 27.01 billion in 2023 at a CAGR of 15.24%. The growing propagation of smartphones, acceptance of wearable technology, cumulative adoption of m-commerce and e-commerce, by banking and financial services, the entrance of the technology companies and accessibility of a diverse payment technology solutions are predicted to drive the industry in spite of technological, financial and security challenges restraining the ecosystem in several key market regions

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Payment security solutions provide security to consumer’s sensitive data and enable secure transaction between a merchant and its customers through any of the various digital payment modes, such as the Web, Mobile and POS machine. The solution has gained much popularity, as it is helping organizations comply with the PCI DSS regulatory compliances. With the implementation of payment security platforms, public and private organizations can prevent payment frauds and secure online business transactions.

The Global Payment Security Market is segmented on the basis of Component, Organization Size, Vertical and Region. Based on Solutions segment is expected to have a larger market share and dominate the Payment Security Market during the forecast period. The major reason for the high adoption of payment security solutions is the increased usage of payment technologies in organizations. Payment security solutions help organizations to minimize the loss of financial data through control and regular monitoring of malicious activities across various payment modes. The education vertical is expected to grow at the highest Compound Annual Growth Rate during the forecast period. Educational institutes are using advanced payment security solutions to secure the confidential data related to admission fees, Applications, Research, Patents and others. Therefore, the adoption of payment security solutions in this vertical in increasing.

Regionally, North American region, followed by Europe, is expected to be the largest revenue-generating region for payment security service vendors in 2018. In the developed economies of the United State and Canada, there is a high focus on innovations obtained from Research and Development and Payment Security Technologies. The Asia-Pacific region is expected to be the fastest-growing region in the market. The growth in this region is primarily driven by the increasing adoption of advanced payment technologies within organizations to perform business transactions.

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Major Key Players:

1 Bluefin

2 SISA

3 Braintree

4 Paygilant

5 Ingenico E-payments

Market segment by Regions/Countries, this report covers:

1 North America

2 Europe

3 Asia Pacific

4 Latin America

5 Middle East

6 Africa

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Table of Contents:

Global Payment Security Market Report 2018

1: Executive summary

2: Introduction: market overview

3: Global payment security – North America

4: Global payment security – Europe

5: Global payment security – Asia Pacific

6: Global payment security – Latin America

7: Global payment security – The Middle East and Africa

8: Company profile

9: Conclusion

10: Appendix

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