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The payment security market skyrockets with increase in demand from emerging economies according to new research report

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Payment Security Market By Industry Sector(Hospitality , Telecom and IT, Education, Healthcare) By Component(Solutions, Services)- Global Size Analysis and Industry Forecast, 2018-2023.

Global Payment Security Market  Make an Inquiry about this newswas valued at USD 10.28 Billion in the year 2017. Global Payment Security Market is further estimated to grow at a CAGR of 15.03% from 2017 to reach USD 27.39 Billion by the year 2023.

North America region holds the highest market share in 2017 and Asia-Pacific market is considered as the fastest growing market in the forecasted period. At country level, developed markets like US as well the emerging markets like China with highest population base holds the notable market share in 2017 and it is projected to grow at a gradual pace in the coming years.

CyberSource Corporation (US), Elavon (US), Index (US), Ingenico ePayments (Netherlands), Transaction Network Services (TNS) Inc. (US), and TokenEx, LLC (US) are some of the key players in the Payment Security Market with CyberSource Corporation holding the substantial market share because of its better technological advancements and global reach.

Technological upgradation to cater changing demand of end users, similarly growth strategies such as acquisition & merger were few techniques adopted by most of the top players in last 5 years.

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Increasing use of digital modes of payment


Lack of trust on online transactions


Increasing use of different payment methods across various industry sectors


Lack of awareness among potential customers

Between Hospitality, Telecom and IT, Education, Healthcare, Retail, Media & Entertainment; Retail segment because of the growing popularity and availability is expected to hold the highest market share during the forecast period.

The Educational segment is also expected to grow at the highest CAGR of XXX% during year 2018-2023.

Key Benefits for Stakeholders

Payment Security Solutions & Service Providers

Research and Consulting organization

Technology Standards Organizations, Forums, Alliances and Associations

End use industries

Regulatory bodies, policy actors and consumers.

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By Industry Sector


Telecom and IT 




Media & Entertainment

By Component


       Fraud Detection




       Consulting Services

       Support Services

By Region

North America




Key Market Players


Bluefin Payment Systems




Intelligent Payments

Ingenico Epayments

Transaction Network Services Inc.


Sisa Information Security

Geobridge Corporation

Shift4 Corporation

(Another brief information of 13 companies will provided in report)

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