According to a new report the Global Payment Security Market is expected to reach market size of $28.6 billion by 2023, rising at a market growth of 17% CAGR during the forecast period, published by KBV Research.
The Solution market holds the largest market share in Global Payment Security Market by Type in 2016, and would continue to be a dominant market till 2023. The Services market is expected to witness a CAGR of 20. ... Read more
Online payment offers a fast and cheaper medium of carrying out online transaction and online transfer. The adoption of payment security software in financial services sector has gained traction. Banking sector is willing to explore opportunities which would make the banking transactions easier to process. Increased penetration of digital technology in the banking and other sectors has resulted in the development of ... Read more
According to the new market research report "Payment Security Market by Solution (Encryption, Tokenization, and Fraud Detection and Prevention), Service (Integration, Support, and Consulting), Organization Size (Large Enterprises and SMEs), Industry Vertical, and Region - Global Forecast to 2022", published by MarketsandMarkets the global payment security market size is ... Read more
The global payment security market is showing immense growth; mainly due to the growing need to adhere to PCI DSS guidelines and rise in fraudulent activities in ecommerce. Technological advancements have played a major role in the development of payment security market. Steep increase in the adoption of advanced payment security solutions for digital ecommerce is another major factor driving the growth of ... Read more
