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1026346

Europe 3D Secure Authentication Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Component (Solution and Services) and End User (Banks and Merchant & Payment Processor)

Published: | The Insight Partners | 92 Pages | Delivery time: 1-2 business days

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Europe 3D Secure Authentication Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Component (Solution and Services) and End User (Banks and Merchant & Payment Processor)
Published: August 5, 2021
The Insight Partners
Content info: 92 Pages
Delivery time: 1-2 business days
  • Description
  • Table of Contents
  • List of Tables

The 3D secure authentication market in Europe is expected to grow from US$ 177.10 million in 2021 to US$ 374.75 million by 2028; it is estimated to grow at a CAGR of 11.3% from 2021 to 2028.

The rise in e-commerce has further bolstered the adoption of online payment portals. The e-commerce industry is continuously expanding due to the regular increase in the number of companies. The e-commerce giants are continuously increasing their investments toward adopting new technologies in collaboration with banks to ensure transactions are made securely. The growth in m-commerce and e-commerce sales in the last few years has increased the cases of online fraud because of card-not-present (CNP) nature of online payments. The consumers are procuring items more from online portals using their mobile devices, which is creating an urge to have a safe and reliable 3D secure authentication facility. This factor is propelling the demand for better online payment platforms. Moreover, presence of companies offering 3D secure authentication facility to e-commerce merchants is another factor contributing to the market growth. For instance, GPayments Pty Ltd. provides ActiveAccess that gives a 3D secure e-commerce transaction and multi-factor user authentication. The ActiveAccess is capable of processing 3DS1 and 3DS2 transactions, which means the user can easily support protocols during transaction. Additionally, the increasing cases of online frauds linked with payments are among the other factors expected to fuel the demand for 3D secure authentication in Europe during the forecast period.

Based on end user, the merchant & payment processors segment led the Europe 3D secure authentication market in 2020. Merchants use 3D secure authentication solutions to mitigate the risk of online frauds. For instance, 3D secure issuing company in Eastern Europe caters to more than 100,000 merchants, 100 banks, and 33 countries worldwide. The merchant utilizes authentication data captured as a part of 3D secure process to submit an authorization for the approval. However, 3D secure authentication technology is not completely adopted by merchants. In the current scenario, all merchants have not fully transitioned from 3D Secure 1 to 3D Secure 2. Nevertheless, players like Marqeta support both 3D Secure 2 & 3D Secure 1 for Visa.

The COVID-19 pandemic in Europe has had a diverse impact on various nations, since only a few nations have seen an increase in the number of COVID-19 confirmed cases, resulting in stringent, long-term lockdown periods or social isolation standards. In 2019, the e-commerce market of B2C in Europe was majorly dominated by the UK, France, Sweden, Germany, and Russia. The customers in the UK have spent around €200 billion on online purchases, which is roughly double of French counterparts. In 2020, this growth in online purchases has also continued for medical, food, and other essential products. The increase in e-commerce order would help in boosting the adoption of 3D secure authentication technology in Europe in the coming years.

The overall Europe 3D secure authentication market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining an overview and forecast for the Europe 3D secure authentication market with respect to all the segments pertaining to the region. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the Europe 3D secure authentication market. ASEE Group; GPayments Pvt. Ltd.; Modirum; mSignia, Inc; Netcetera; Ravelin Technology Ltd; RS Software; and UL, LLC are among key players operating in the market.

Reasons to Buy:

  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe 3D secure authentication market
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the Europe 3D secure authentication market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the 3D secure authentication market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
Product Code: TIPRE00024100

Table Of Contents

1. Introduction

  • 1.1 Study Scope
  • 1.2 The Insight Partners Research Report Guidance
  • 1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

  • 3.1 Coverage
  • 3.2 Secondary Research
  • 3.3 Primary Research

4. Europe 3D Secure Authentication Market Landscape

  • 4.1 Market Overview
  • 4.2 Europe PEST Analysis
  • 4.3 Ecosystem Analysis
  • 4.4 Expert Opinion

5. Europe 3D Secure Authentication Market - Key Market Dynamics

  • 5.1 Key Market Drivers
    • 5.1.1 Rise in E-Commerce Platforms in Europe
    • 5.1.1 Online Frauds Linked with Payments are Increasing
  • 5.2 Key Market Restraints
    • 5.2.1 Data Breach Issues
  • 5.3 Future Trends
    • 5.3.1 Advanced Version of 3D Secure Authentication Technology to be Launched
  • 5.4 Impact Analysis of Drivers and Restraints

6. 3D Secure Authentication Market - Europe Analysis

  • 6.1 Europe 3D Secure Authentication Market Overview
  • 6.2 Europe 3D Secure Authentication Market -Revenue and Forecast to 2028 (US$ Million)

7. Europe 3D Secure Authentication Market Analysis - By Component

  • 7.1 Overview
  • 7.2 Europe 3D Secure Authentication Market, By Component (2020 and 2028)
  • 7.3 Solution
    • 7.3.1 Overview
    • 7.3.2 Solution: 3D Secure Authentication Market - Revenue and Forecast to 2028 (US$ Million)
  • 7.4 Services
    • 7.4.1 Overview
    • 7.4.2 Services: 3D Secure Authentication Market - Revenue and Forecast to 2028 (US$ Million)

8. Europe 3D Secure Authentication Market - By End-User

  • 8.1 Overview
  • 8.2 Europe 3D Secure Authentication Market, by End-User (2020 and 2028)
  • 8.3 Banks
    • 8.3.1 Overview
    • 8.3.2 Banks: 3D Secure Authentication Market - Revenue and Forecast to 2028 (US$ Million)
  • 8.4 Merchant and Payment Processor
    • 8.4.1 Overview
    • 8.4.2 Merchant and Payment Processor: 3D Secure Authentication Market - Revenue and Forecast to 2028 (US$ Million)

9. Europe 3D Secure Authentication Market - Country Analysis

  • 9.1 Overview
    • 9.1.1 Europe: 3D Secure Authentication Market- by Key Country
      • 9.1.1.1 Germany: 3D Secure Authentication Market - Revenue and Forecast to 2028 (US$ Million)
        • 9.1.1.1.1 Germany: 3D Secure Authentication Market- by Component
        • 9.1.1.1.2 Germany: 3D Secure Authentication Market- By End-User
      • 9.1.1.2 France: 3D Secure Authentication Market - Revenue and Forecast to 2028 (US$ Million)
        • 9.1.1.2.1 France: 3D Secure Authentication Market- by Component
        • 9.1.1.2.2 France: 3D Secure Authentication Market- By End-User
      • 9.1.1.3 Italy: 3D Secure Authentication Market - Revenue and Forecast to 2028 (US$ Million)
        • 9.1.1.3.1 Italy: 3D Secure Authentication Market- by Component
        • 9.1.1.3.2 Italy: 3D Secure Authentication Market- By End-User
      • 9.1.1.4 UK: 3D Secure Authentication Market - Revenue and Forecast to 2028 (US$ Million)
        • 9.1.1.4.1 UK: 3D Secure Authentication Market- by Component
        • 9.1.1.4.2 UK: 3D Secure Authentication Market- By End-User
      • 9.1.1.5 Russia: 3D Secure Authentication Market - Revenue and Forecast to 2028 (US$ Million)
        • 9.1.1.5.1 Russia: 3D Secure Authentication Market- by Component
        • 9.1.1.5.2 Russia: 3D Secure Authentication Market- By End-User
      • 9.1.1.6 Rest of Europe: 3D Secure Authentication Market - Revenue and Forecast to 2028 (US$ Million)
        • 9.1.1.6.1 Rest of Europe: 3D Secure Authentication Market- by Component
        • 9.1.1.6.2 Rest of Europe: 3D Secure Authentication Market- By End-User

10. Europe 3D Secure Authentication Market- COVID-19 Impact Analysis

  • 10.1 Europe

11. Industry Landscape

  • 11.1 Overview
  • 11.2 Market Initiative
  • 11.3 New Development

12. Company Profiles

  • 12.1 Netcetera
    • 12.1.1 Key Facts
    • 12.1.2 Business Description
    • 12.1.3 Products and Services
    • 12.1.4 Financial Overview
    • 12.1.5 SWOT Analysis
    • 12.1.6 Key Developments
  • 12.2 GPayments Pvt. Ltd.
    • 12.2.1 Key Facts
    • 12.2.2 Business Description
    • 12.2.3 Products and Services
    • 12.2.4 Financial Overview
    • 12.2.5 SWOT Analysis
    • 12.2.6 Key Developments
  • 12.3 ASEE Group
    • 12.3.1 Key Facts
    • 12.3.2 Business Description
    • 12.3.3 Products and Services
    • 12.3.4 Financial Overview
    • 12.3.5 SWOT Analysis
    • 12.3.6 Key Developments
  • 12.4 Modirum
    • 12.4.1 Key Facts
    • 12.4.2 Business Description
    • 12.4.3 Products and Services
    • 12.4.4 Financial Overview
    • 12.4.5 SWOT Analysis
    • 12.4.6 Key Developments
  • 12.5 mSignia, Inc.
    • 12.5.1 Key Facts
    • 12.5.2 Business Description
    • 12.5.3 Products and Services
    • 12.5.4 Financial Overview
    • 12.5.5 SWOT Analysis
    • 12.5.6 Key Developments
  • 12.6 Ravelin Technology Ltd.
    • 12.6.1 Key Facts
    • 12.6.2 Business Description
    • 12.6.3 Products and Services
    • 12.6.4 Financial Overview
    • 12.6.5 SWOT Analysis
    • 12.6.6 Key Developments
  • 12.7 RS Software
    • 12.7.1 Key Facts
    • 12.7.2 Business Description
    • 12.7.3 Products and Services
    • 12.7.4 Financial Overview
    • 12.7.5 SWOT Analysis
    • 12.7.6 Key Developments
  • 12.8 UL, LLC
    • 12.8.1 Key Facts
    • 12.8.2 Business Description
    • 12.8.3 Products and Services
    • 12.8.4 Financial Overview
    • 12.8.5 SWOT Analysis
    • 12.8.6 Key Developments

13. Appendix

  • 13.1 About The Insight Partners
  • 13.2 Word Index

List Of Tables

  • Table 1. Europe 3D Secure Authentication Market - Revenue, and Forecast to 2028 (US$ Million)
  • Table 2. Germany: 3D Secure Authentication Market- by Component -Revenue and Forecast to 2028 (US$ Million)
  • Table 3. Germany: 3D Secure Authentication Market- By End-User -Revenue and Forecast to 2028 (US$ Million)
  • Table 4. France: 3D Secure Authentication Market- by Component -Revenue and Forecast to 2028 (US$ Million)
  • Table 5. France: 3D Secure Authentication Market- By End-User -Revenue and Forecast to 2028 (US$ Million)
  • Table 6. Italy: 3D Secure Authentication Market- by Component -Revenue and Forecast to 2028 (US$ Million)
  • Table 7. Italy: 3D Secure Authentication Market- By End-User -Revenue and Forecast to 2028 (US$ Million)
  • Table 8. UK: 3D Secure Authentication Market- by Component -Revenue and Forecast to 2028 (US$ Million)
  • Table 9. UK: 3D Secure Authentication Market- By End-User -Revenue and Forecast to 2028 (US$ Million)
  • Table 10. Russia: 3D Secure Authentication Market- by Component -Revenue and Forecast to 2028 (US$ Million)
  • Table 11. Russia: 3D Secure Authentication Market- By End-User -Revenue and Forecast to 2028 (US$ Million)
  • Table 12. Rest of Europe: 3D Secure Authentication Market- by Component -Revenue and Forecast to 2028 (US$ Million)
  • Table 13. Rest of Europe: 3D Secure Authentication Market- By End-User -Revenue and Forecast to 2028 (US$ Million)
  • Table 14. List of Abbreviation

List Of Figures

  • Figure 1. Europe 3D Secure Authentication Market Segmentation
  • Figure 2. Europe 3D Secure Authentication Market Segmentation - By Country
  • Figure 3. Europe 3D Secure Authentication Market Overview
  • Figure 4. Solution Segment Held the Largest Market Share
  • Figure 5. Merchant and Payment Processing Segment Held the Largest Market Share
  • Figure 6. Germany Held the Largest Market Share
  • Figure 7. Europe - PEST Analysis
  • Figure 8. Expert Opinion
  • Figure 9. Europe 3D Secure Authentication Market: Impact Analysis of Drivers and Restraints
  • Figure 10. Europe 3D Secure Authentication Market - Revenue and Forecast to 2028 (US$ Million)
  • Figure 11. Europe 3D Secure Authentication Market Revenue Share, by Component (2020 and 2028)
  • Figure 12. Europe Solution: 3D Secure Authentication Market - Revenue and Forecast to 2028 (US$ Million)
  • Figure 13. Europe Services 3D Secure Authentication Market - Revenue and Forecast to 2028 (US$ Million)
  • Figure 14. Europe 3D Secure Authentication Market Revenue Share, by End-User (2020 and 2028)
  • Figure 15. Europe Banks: 3D Secure Authentication Market - Revenue and Forecast to 2028 (US$ Million)
  • Figure 16. Europe Merchant and Payment Processor: 3D Secure Authentication Market - Revenue and Forecast to 2028 (US$ Million)
  • Figure 17. Europe: 3D Secure Authentication Market, by Key Country - Revenue (2020) (US$ Million)
  • Figure 18. Europe: 3D Secure Authentication Market Revenue Share, By Key Country (2020 and 2028)
  • Figure 19. Germany: 3D Secure Authentication Market - Revenue and Forecast to 2028 (US$ Million)
  • Figure 20. France: 3D Secure Authentication Market - Revenue and Forecast to 2028 (US$ Million)
  • Figure 21. Italy: 3D Secure Authentication Market - Revenue and Forecast to 2028 (US$ Million)
  • Figure 22. UK: 3D Secure Authentication Market - Revenue and Forecast to 2028 (US$ Million)
  • Figure 23. Russia: 3D Secure Authentication Market - Revenue and Forecast to 2028 (US$ Million)
  • Figure 24. Rest of Europe: 3D Secure Authentication Market - Revenue and Forecast to 2028 (US$ Million)
  • Figure 25. Impact of COVID-19 Pandemic in Europe Country Markets