Global Payment Security Software Market 2018-2022

Below are some of the key findings from the payment security software market research report

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Global payment security software industry overview

The payment landscape is transforming globally with rapid technological advances and increasing investments to improve the capabilities of digital payment systems. Digital payments have become an integral part of e-commerce as they are more efficient and convenient when compared to the traditional financial transaction methods. This, in turn, drives the need for payment security software used to secure online financial transactions, driving market growth.

There is also an increase in the usage of wireless payments that employ a range of wireless technologies including Wireless Fidelity (Wi-Fi), wireless broadband, Bluetooth, Long-Term Evolution and 5G technology. The adoption of payment security software provides an efficient platform for vendors and consumers to secure wireless payments. The increasing use of wireless payments will be one of the key payment security software market trends that will gain traction in the coming years.

Top payment security software companies covered in this market research report

The payment security software market is fairly fragmented with companies focusing on offering various online transaction security solutions to cater to the needs of end-users including BFSI, government, retail, healthcare sectors and others. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by companies, this payment security software industry analysis report will aid clients to identify new growth opportunities and design new growth strategies.

The report offers a complete analysis of various companies including:

• CA Technologies
• Cisco Systems
• Gemalto
• OneSpan
• Symantec

Payment security software market segmentation based on geographic regions

• Americas
• APAC
• EMEA

With a complete study of the growth opportunities for the companies, the Americas will make the largest contribution to the payment security software market growth throughout the predicted period. The growth in the Americas will attribute to factors including M&A activities, increasing the number of peer-to-peer (P2P) transactions and the growing adoption of digital wallets.

Payment security software market segmentation based on end-users

• BFSI
• Government
• Retail
• Healthcare
• Others

The BFSI industry will account for the highest growth in the market. The report provides an accurate prediction of the contribution of the various segments to the growth of the payment security software market size.

Key highlights of the global payment security software market for the forecast years 2018-2022:

• CAGR of the market during the forecast period 2018-2022
• Detailed information on factors that will accelerate the growth of the payment security software market during the next five years
• Precise estimation of the global payment security software market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the payment security software industry across the Americas, APAC, and EMEA
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive details on the factors that will challenge the growth of payment security software companies

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