According to a new report, the Global Payment Security Market Size is expected to reach a market size of $28.6 billion by 2023, rising at a market growth of 17% CAGR during the forecast period.
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 20.7% during (2017 - 2023).
The North America market holds the largest market share in the Global Large Enterprises Payment Security Market by Region in 2016, and would continue to be a dominant market till 2023, growing at a CAGR of 13.4 % during the forecast period. The Europe market is expected to witness a CAGR of 13.9% during (2017 - 2023). Additionally, The Asia Pacific market is expected to witness a CAGR of 16.8% during (2017 - 2023).
Based on the Analysis presented in the Cardinal matrix, Vis, Inc. and U.S. Bancorp are the forerunners in the Payment Security market. Companies such as Bluefin Payment Systems, Ingenico Group, PayPal (Braintree) and Shift4 Corporation are the some of the key innovators in Payment Security Market.
KBV Cardinal Matrix - Payment Security Market
Source: KBV Research Analysis
The BFSI & Retail market holds the largest market share in the Global Payment Security Market by Vertical in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 16.5 % during the forecast period. The Healthcare market is expected to witness a CAGR of 16.5% during (2017 - 2023). Additionally, The Education market would attain market value of $1,719.5 million by 2023.
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the Global Payment Security Market have been discussed in the report with competition analysis and the elaborated company profiles of Bluefin Payment Systems, PayPal (Braintree), Visa (Cybersource Corporation), U.S. Bancorp (Elavon), Sisa Information Security, Ingenico Group, Intelligent Payments, Signifyd Inc., Shift4 Corporation, and Tokenex, LLC.
Full report - https://www.kbvresearch.com/payment-security-market/
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By Organization Sizes
By Verticals
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Companies Profiled
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Related Reports:
North America Payment Security Market (2017-2023)
Europe Payment Security Market (2017-2023)
Asia Pacific Payment Security Market (2017-2023)
LAMEA Payment Security Market (2017-2023)