Global Payment Security Market Size study & Forecast, by Component, by Platform, by Enterprise Size, by Industry Verticals, and Regional Analysis, 2022-2029

Description

List of Tables

Global Payment Security Market is valued at approximately USD 19.82 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 16.0% over the forecast period 2022-2029. Payment security is a method of protecting a customer, vendor, or client's transactions. It offers rules, norms, and security protocols to safeguard a customer or partner's privacy, transactions, and data. The rising incidences of data breaches, increasing number of fraudulent activities in e-commerce payment systems, and growing awareness of contactless payments are the key factors that are propelling the market demand across the globe.

The rising inclination towards digital payments is acting as a catalyzing factor for the growth of the market. According to Statista, in 2022, the overall transaction value in the digital payments segment is estimated to account for USD 8.49 trillion. Also, it is projected that the total amount is likely to reach USD 15.17 trillion by 2027 with a CAGR of 12.31% during 2022-2027. Accordingly, the increasing preference for digital payments is exhibiting a positive influence on the market demand in the global market. Furthermore, increasing usage of payment applications across various industry verticals, as well as growing technological developments is presenting various growth prospects to the market in the forecasted years. However, the rising privacy and security concerns, along with the lack of skilled professionals stifle market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Payment Security Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America dominated the market in terms of revenue, owing to the rising number of payment frauds, along with the high penetration of digital payments. Whereas, the Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising inclination towards online digital payment among consumers, as well as the surging demand for payment security in the regional market.

Major market players included in this report are:

Bluefin Payment Systems

Cybersource

Elavon Inc.

Ingenico

Intelligent Payment Solutions Pvt Ltd.

Paypal Holdings, Inc.

Shift4 Payments, LLC

SISA

Signifyd

Tokenex

Recent Developments in the Market:

In July 2022, Bluefin unveils the company's partnership agreement with Waystar- a healthcare payment software provider to offer advanced payment security for healthcare payments. Also, the aim of this partnership is to present Bluefin's PCI-validated point-to-point encryption solution and payment gateway via Waystar's software.
In September 2021, Thales announced that the company part launched a new PayPal app, which is a personalized, all-in-one app specially designed to offer customers a better place to manage their financial lives. Customers of PayPal can manage bill payments, receive payments up to two days in advance with the new direct deposit tool from its manage gift cards, banking partners, and accrue points all through the app.

Global Payment Security Market Report Scope:

Historical Data: 2019-2020-2021

Base Year for Estimation: 2021

Forecast period: 2022-2029

Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends

Segments Covered: Component, Platform, Enterprise size, Industry Verticals, Region

Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World

Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Component:

Solution

Encryption

Tokenization

Fraud Detection & Prevention

Service

By Platform:

Web-based

POS-based

By Enterprise size:

Large Enterprises

Small and Medium Enterprises

By Industry Verticals:

BFSI

Retail

Healthcare

IT & Telecom

Travel & Hospitality

Others

By Region:

North America

U.S.

Canada

Europe

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

RoLA

Rest of the World

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Payment Security Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Payment Security Market, by Component, 2019-2029 (USD Billion)
- 1.2.3. Payment Security Market, by Platform, 2019-2029 (USD Billion)
- 1.2.4. Payment Security Market, by Enterprise size, 2019-2029 (USD Billion)
- 1.2.5. Payment Security Market, by Industry Verticals, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Payment Security Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Payment Security Market Dynamics

3.1. Payment Security Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
  - 3.1.1.1. Rising incidences of data breaches
  - 3.1.1.2. Rising inclination towards digital payments
- 3.1.2. Market Challenges
  - 3.1.2.1. Rising privacy and security concerns
  - 3.1.2.2. Lack of skilled professionals
- 3.1.3. Market Opportunities
  - 3.1.3.1. Increasing usage of payment applications across various industry verticals
  - 3.1.3.2. Growing technological developments

Chapter 4. Global Payment Security Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Risk Assessment: COVID-19 Impact

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Payment Security Market, by Component

6.1. Market Snapshot
6.2. Global Payment Security Market by Component, Performance - Potential Analysis
6.3. Global Payment Security Market Estimates & Forecasts by Component 2019-2029 (USD Billion)
6.4. Payment Security Market, Sub Segment Analysis
- 6.4.1. Solution
- 6.4.2. Encryption
- 6.4.3. Tokenization
- 6.4.4. Fraud Detection & Prevention
- 6.4.5. Service

Chapter 7. Global Payment Security Market, by Platform

7.1. Market Snapshot
7.2. Global Payment Security Market by Platform, Performance - Potential Analysis
7.3. Global Payment Security Market Estimates & Forecasts by Platform 2019-2029 (USD Billion)
7.4. Payment Security Market, Sub Segment Analysis
- 7.4.1. Web-based
- 7.4.2. POS-based

Chapter 8. Global Payment Security Market, by Enterprise size

8.1. Market Snapshot
8.2. Global Payment Security Market by Enterprise size, Performance - Potential Analysis
8.3. Global Payment Security Market Estimates & Forecasts by Enterprise size 2019-2029 (USD Billion)
8.4. Payment Security Market, Sub Segment Analysis
- 8.4.1. Large Enterprises
- 8.4.2. Small and Medium Enterprises

Chapter 9. Global Payment Security Market, by Industry Verticals

9.1. Market Snapshot
9.2. Global Payment Security Market by Industry Verticals, Performance - Potential Analysis
9.3. Global Payment Security Market Estimates & Forecasts by Industry Verticals 2019-2029 (USD Billion)
9.4. Payment Security Market, Sub Segment Analysis
- 9.4.1. BFSI
- 9.4.2. Retail
- 9.4.3. Healthcare
- 9.4.4. IT & Telecom
- 9.4.5. Travel & Hospitality
- 9.4.6. Others

Chapter 10. Global Payment Security Market, Regional Analysis

10.1. Payment Security Market, Regional Market Snapshot
10.2. North America Payment Security Market
- 10.2.1. U.S. Payment Security Market
  - 10.2.1.1. Component breakdown estimates & forecasts, 2019-2029
  - 10.2.1.2. Platform breakdown estimates & forecasts, 2019-2029
  - 10.2.1.3. Enterprise size breakdown estimates & forecasts, 2019-2029
  - 10.2.1.4. Industry Verticals breakdown estimates & forecasts, 2019-2029
- 10.2.2. Canada Payment Security Market
10.3. Europe Payment Security Market Snapshot
- 10.3.1. U.K. Payment Security Market
- 10.3.2. Germany Payment Security Market
- 10.3.3. France Payment Security Market
- 10.3.4. Spain Payment Security Market
- 10.3.5. Italy Payment Security Market
- 10.3.6. Rest of Europe Payment Security Market
10.4. Asia-Pacific Payment Security Market Snapshot
- 10.4.1. China Payment Security Market
- 10.4.2. India Payment Security Market
- 10.4.3. Japan Payment Security Market
- 10.4.4. Australia Payment Security Market
- 10.4.5. South Korea Payment Security Market
- 10.4.6. Rest of Asia Pacific Payment Security Market
10.5. Latin America Payment Security Market Snapshot
- 10.5.1. Brazil Payment Security Market
- 10.5.2. Mexico Payment Security Market
- 10.5.3. Rest of Latin America Payment Security Market
10.6. Rest of The World Payment Security Market

Chapter 11. Competitive Intelligence

11.1. Top Market Strategies
11.2. Company Profiles
- 11.2.1. Bluefin Payment Systems
  - 11.2.1.1. Key Information
  - 11.2.1.2. Overview
  - 11.2.1.3. Financial (Subject to Data Availability)
  - 11.2.1.4. Product Summary
  - 11.2.1.5. Recent Developments
- 11.2.2. Cybersource
- 11.2.3. Elavon Inc.
- 11.2.4. Ingenico
- 11.2.5. Intelligent Payment Solutions Pvt Ltd.
- 11.2.6. Paypal Holdings, Inc.
- 11.2.7. Shift4 Payments, LLC
- 11.2.8. SISA
- 11.2.9. Signifyd
- 11.2.10. Tokenex

Chapter 12. Research Process

12.1. Research Process
- 12.1.1. Data Mining
- 12.1.2. Analysis
- 12.1.3. Market Estimation
- 12.1.4. Validation
- 12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Payment Security Market, report scope
TABLE 2. Global Payment Security Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global Payment Security Market estimates & forecasts by Component 2019-2029 (USD Billion)
TABLE 4. Global Payment Security Market estimates & forecasts by Platform 2019-2029 (USD Billion)
TABLE 5. Global Payment Security Market estimates & forecasts by Enterprise size 2019-2029 (USD Billion)
TABLE 6. Global Payment Security Market estimates & forecasts by Industry Verticals 2019-2029 (USD Billion)
TABLE 7. Global Payment Security Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global Payment Security Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Payment Security Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Payment Security Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Payment Security Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Payment Security Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Payment Security Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global Payment Security Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. Global Payment Security Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. Global Payment Security Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 17. U.S. Payment Security Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 18. U.S. Payment Security Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 19. U.S. Payment Security Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 20. Canada Payment Security Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 21. Canada Payment Security Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 22. Canada Payment Security Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 23. UK Payment Security Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 24. UK Payment Security Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 25. UK Payment Security Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 26. Germany Payment Security Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 27. Germany Payment Security Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 28. Germany Payment Security Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 29. France Payment Security Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 30. France Payment Security Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 31. France Payment Security Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 32. Italy Payment Security Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 33. Italy Payment Security Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 34. Italy Payment Security Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 35. Spain Payment Security Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 36. Spain Payment Security Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 37. Spain Payment Security Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 38. RoE Payment Security Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 39. RoE Payment Security Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 40. RoE Payment Security Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 41. China Payment Security Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 42. China Payment Security Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 43. China Payment Security Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 44. India Payment Security Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 45. India Payment Security Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 46. India Payment Security Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 47. Japan Payment Security Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 48. Japan Payment Security Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 49. Japan Payment Security Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 50. South Korea Payment Security Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 51. South Korea Payment Security Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 52. South Korea Payment Security Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 53. Australia Payment Security Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 54. Australia Payment Security Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 55. Australia Payment Security Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 56. RoAPAC Payment Security Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 57. RoAPAC Payment Security Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 58. RoAPAC Payment Security Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 59. Brazil Payment Security Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 60. Brazil Payment Security Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 61. Brazil Payment Security Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 62. Mexico Payment Security Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 63. Mexico Payment Security Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 64. Mexico Payment Security Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 65. RoLA Payment Security Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 66. RoLA Payment Security Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 67. RoLA Payment Security Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 68. Row Payment Security Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 69. Row Payment Security Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 70. Row Payment Security Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 71. List of secondary sources, used in the study of global Payment Security Market
TABLE 72. List of primary sources, used in the study of global Payment Security Market
TABLE 73. Years considered for the study
TABLE 74. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

List of figures

FIG 1. Global Payment Security Market, research methodology
FIG 2. Global Payment Security Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Payment Security Market, key trends 2021
FIG 5. Global Payment Security Market, growth prospects 2022-2029
FIG 6. Global Payment Security Market, porters 5 force model
FIG 7. Global Payment Security Market, pest analysis
FIG 8. Global Payment Security Market, value chain analysis
FIG 9. Global Payment Security Market by segment, 2019 & 2029 (USD Billion)
FIG 10. Global Payment Security Market by segment, 2019 & 2029 (USD Billion)
FIG 11. Global Payment Security Market by segment, 2019 & 2029 (USD Billion)
FIG 12. Global Payment Security Market by segment, 2019 & 2029 (USD Billion)
FIG 13. Global Payment Security Market by segment, 2019 & 2029 (USD Billion)
FIG 14. Global Payment Security Market, regional snapshot 2019 & 2029
FIG 15. North America Payment Security Market 2019 & 2029 (USD Billion)
FIG 16. Europe Payment Security Market 2019 & 2029 (USD Billion)
FIG 17. Asia pacific Payment Security Market 2019 & 2029 (USD Billion)
FIG 18. Latin America Payment Security Market 2019 & 2029 (USD Billion)
FIG 19. Global Payment Security Market, company Market share analysis (2021)