決済セキュリティ市場レポート：コンポーネント、プラットフォーム、企業規模、エンドユーザー、地域別、2024年～2032年

世界の決済セキュリティ市場規模は2023年に272億米ドルに達しました。今後、IMARC Groupは、2024年から2032年の間に12.5％の成長率（CAGR）を示し、市場は2032年までに802億米ドルに達すると予測しています。eコマースやオンラインショッピング業界の大幅な拡大、新たな技術の進歩、サイバーセキュリティの脅威、不正アクセス、詐欺、データ漏洩の増加などが、市場を推進している主な要因の一部です。

決済セキュリティとは、不正アクセス、詐欺、データ漏洩から金融取引を保護するための対策やプロトコルを指します。決済情報の機密性と完全性を確保するために考案されたいくつかの手法が含まれます。これには、暗号化方法、安全な認証プロセス、取引のリアルタイム監視が含まれます。クレジットカード情報や個人情報などの機密データを保護し、消費者と企業の信頼関係を構築します。さらに、厳格な決済セキュリティ対策を実施することで、企業の経済的損失や風評被害を防ぎ、顧客に安全で信頼できるデジタル決済環境を提供することができます。

市場を牽引しているのは、主にサイバー攻撃の増加です。また、企業や消費者は、金融データをハッカーから保護するための強固なソリューションを求めており、これが市場の成長に寄与しています。さらに、セキュリティ侵害が金銭的・風評的な影響を及ぼしかねないという企業意識の高まりが、業務保護のための戦略的投資や顧客ロイヤルティ構築への意識転換につながり、これも大きな成長促進要因となっています。このほか、デジタル決済モードの普及や、決済を容易にするためのコンピューティングデバイスにおけるワイヤレスネットワークの活用が、市場の成長を後押ししています。これとともに、モノのインターネット（IoT）、機械学習（ML）、人工知能（AI）ソリューションとのコネクテッドデバイスの統合など、新たな技術的進歩が市場成長を促進しています。さらに、機密性の高い金融データの保護を確実にするために、いくつかの政府による厳格なコンプライアンス要件が実施され、高度なセキュリティ対策が採用されていることが、市場の明るい見通しを生み出しています。

決済セキュリティ市場動向/促進要因：

eコマースおよびオンライン・ショッピング産業の大幅な拡大

eコマース・オンラインショッピング業界は大きく成長しています。加えて、デジタル化の進展、インターネット普及率の上昇、オンライン・ショッピング・アプリケーションの容易な利用が市場成長に寄与しています。また、利便性、アクセシビリティを提供し、安全でシームレスな決済取引を必要とするこれらのデジタルプラットフォーム上で消費者が複数の製品を選択できることも、市場成長に影響を与えています。さらに、機密性の高い金融情報をeコマース・プラットフォームに預ける顧客のオンライン・ショッピング活動の増加に伴い、強固な決済セキュリティ・ソリューションの必要性が高まっているため、取引プロセスの各段階でデータを保護するための厳重なセキュリティ対策が必要とされており、これも大きな成長促進要因となっています。これに加え、eコマース事業者は決済情報の機密性と完全性を確保するため、高度な暗号化手法、安全な認証プロセス、リアルタイム監視を採用しており、市場の成長を加速させています。さらに、国境を越えたeコマースの拡大により、国際的な取引に安全な決済処理が採用されるようになり、これは世界市場の成長を促す上で不可欠な要素となっています。

新たな技術の進歩

決済セキュリティ市場は、進化するサイバー脅威に対抗する革新的なソリューションを提供する急速な技術進歩によって牽引されています。これらの進歩により、企業は決済セキュリティ対策を強化し、顧客に強化された保護を提供することができます。さらに、トークン化（機密性の高い決済データを固有のトークンで置き換える手法）の統合により、万が一侵害が発生してもハッカーは無意味なデータを入手することができるため、不正取引のリスクを軽減することができます。これに加え、決済時の安全な本人確認のために指紋や顔認識といった人間特有の特徴を利用するバイオメトリクス認証を取り入れることで、セキュリティが強化され、シームレスでユーザーフレンドリーな体験が提供されるため、市場の成長が促進されます。このほか、不正行為の検知と防止における人工知能（AI）のイントロダクションや、取引データのパターンを分析して不正行為を示す異常を特定する機械学習（ML）アルゴリズムが、市場の成長を加速させています。

サイバーセキュリティの脅威とデータ侵害の増加

デジタルトランスフォーメーションにより、不正アクセスや不正行為、決済セキュリティにおけるデータ漏洩など、サイバーセキュリティ上の脅威が増加しています。サイバー犯罪者は脆弱性を悪用することに精巧になっており、企業は包括的な決済セキュリティ戦略を優先することが不可欠となっています。さらに、決済データへの不正アクセスは、深刻な金銭的損失や風評被害につながる可能性があるため、決済セキュリティソリューションの普及がもう一つの大きな成長促進要因となっています。これとともに、ハッカーは決済システムの弱点を狙い、フィッシング攻撃、マルウェア、ソーシャルエンジニアリングを通じてアクセスすることが多く、市場成長に影響を与えています。これとは別に、クレジットカード詐欺や個人情報盗難などの不正行為が、厳格なセキュリティ対策を必要とする個人や企業に影響を及ぼしており、市場の成長を増大させています。さらに、機密性の高い決済情報の盗難は、金銭的・法的な影響につながる可能性があるため、リアルタイムの取引監視、二要素認証、機密データの暗号化、潜在的なセキュリティ侵害を認識・防止するための従業員教育など、多層的なセキュリティ対策の採用が市場の前向きな見通しを生み出しています。

目次

第1章 序文

第2章 調査範囲と調査手法

• 調査の目的
• ステークホルダー
• データソース
  • 一次情報
  • 二次情報
• 市場推定
  • ボトムアップアプローチ
  • トップダウンアプローチ
• 調査手法

第3章 エグゼクティブサマリー

第4章 イントロダクション

• 概要
• 主要業界動向

第5章 世界の決済セキュリティ市場

• 市場概要
• 市場実績
• COVID-19の影響
• 市場予測

第6章 市場内訳：コンポーネント別

• ソリューション
  • 市場動向
  • 主要セグメント
    • 暗号化
    • トークン化
    • 不正行為の検出と防止
  • 市場予測
• サービス
  • 市場動向
  • 市場予測

第7章 市場内訳：プラットフォーム別

• ウェブベース
  • 市場動向
  • 市場予測
• POSベース
  • 市場動向
  • 市場予測

第8章 市場内訳：企業規模別

• 中小企業
  • 市場動向
  • 市場予測
• 大企業
  • 市場動向
  • 市場予測

第9章 市場内訳：エンドユーザー別

• BFSI
  • 市場動向
  • 市場予測
• 政府および公共事業
  • 市場動向
  • 市場予測
• ITおよび通信
  • 市場動向
  • 市場予測
• ヘルスケア
  • 市場動向
  • 市場予測
• 小売業とeコマース
  • 市場動向
  • 市場予測
• メディアとエンターテイメント
  • 市場動向
  • 市場予測
• 旅行とホスピタリティ
  • 市場動向
  • 市場予測
• その他
  • 市場動向
  • 市場予測

第10章 市場内訳：地域別

• 北米
  • 米国
  • カナダ
• アジア太平洋地域
  • 中国
  • 日本
  • インド
  • 韓国
  • オーストラリア
  • インドネシア
  • その他
• 欧州
  • ドイツ
  • フランス
  • 英国
  • イタリア
  • スペイン
  • ロシア
  • その他
• ラテンアメリカ
  • ブラジル
  • メキシコ
  • その他
• 中東・アフリカ
  • 市場動向
  • 市場内訳：国別
  • 市場予測

第11章 SWOT分析

• 概要
• 強み
• 弱み
• 機会
• 脅威

第12章 バリューチェーン分析

第13章 ポーターのファイブフォース分析

• 概要
• 買い手の交渉力
• 供給企業の交渉力
• 競合の程度
• 新規参入業者の脅威
• 代替品の脅威

第14章 価格分析

第15章 競合情勢

• 市場構造
• 主要企業
• 主要企業のプロファイル
  • Bluefin Payment Systems LLC
  • Broadcom Inc.
  • Cybersource（Visa Inc.）
  • Elavon Inc.（U.S. Bancorp）
  • Ingenico（Worldline）
  • PayPal Holdings Inc.
  • SecurionPay
  • Shift4 Payments
  • Signifyd
  • SISA Information Security
  • TokenEx
  • VeriFone Inc.

List of Figures

• Figure 1: Global: Payment Security Market: Major Drivers and Challenges
• Figure 2: Global: Payment Security Market: Sales Value (in Billion US$), 2018-2023
• Figure 3: Global: Payment Security Market Forecast: Sales Value (in Billion US$), 2024-2032
• Figure 4: Global: Payment Security Market: Breakup by Component (in %), 2023
• Figure 5: Global: Payment Security Market: Breakup by Platform (in %), 2023
• Figure 6: Global: Payment Security Market: Breakup by Enterprise Size (in %), 2023
• Figure 7: Global: Payment Security Market: Breakup by End User (in %), 2023
• Figure 8: Global: Payment Security Market: Breakup by Region (in %), 2023
• Figure 9: Global: Payment Security (Solution) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 10: Global: Payment Security (Solution) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 11: Global: Payment Security (Service) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 12: Global: Payment Security (Service) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 13: Global: Payment Security (Web-based) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 14: Global: Payment Security (Web-based) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 15: Global: Payment Security (POS-based) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 16: Global: Payment Security (POS-based) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 17: Global: Payment Security (Small and Medium-sized Enterprises) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 18: Global: Payment Security (Small and Medium-sized Enterprises) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 19: Global: Payment Security (Large Enterprises) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 20: Global: Payment Security (Large Enterprises) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 21: Global: Payment Security (BFSI) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 22: Global: Payment Security (BFSI) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 23: Global: Payment Security (Government and Utilities) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 24: Global: Payment Security (Government and Utilities) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 25: Global: Payment Security (IT and Telecom) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 26: Global: Payment Security (IT and Telecom) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 27: Global: Payment Security (Healthcare) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 28: Global: Payment Security (Healthcare) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 29: Global: Payment Security (Retail and E-Commerce) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 30: Global: Payment Security (Retail and E-Commerce) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 31: Global: Payment Security (Media and Entertainment) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 32: Global: Payment Security (Media and Entertainment) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 33: Global: Payment Security (Travel and Hospitality) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 34: Global: Payment Security (Travel and Hospitality) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 35: Global: Payment Security (Other End Users) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 36: Global: Payment Security (Other End Users) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 37: North America: Payment Security Market: Sales Value (in Million US$), 2018 & 2023
• Figure 38: North America: Payment Security Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 39: United States: Payment Security Market: Sales Value (in Million US$), 2018 & 2023
• Figure 40: United States: Payment Security Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 41: Canada: Payment Security Market: Sales Value (in Million US$), 2018 & 2023
• Figure 42: Canada: Payment Security Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 43: Asia-Pacific: Payment Security Market: Sales Value (in Million US$), 2018 & 2023
• Figure 44: Asia-Pacific: Payment Security Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 45: China: Payment Security Market: Sales Value (in Million US$), 2018 & 2023
• Figure 46: China: Payment Security Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 47: Japan: Payment Security Market: Sales Value (in Million US$), 2018 & 2023
• Figure 48: Japan: Payment Security Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 49: India: Payment Security Market: Sales Value (in Million US$), 2018 & 2023
• Figure 50: India: Payment Security Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 51: South Korea: Payment Security Market: Sales Value (in Million US$), 2018 & 2023
• Figure 52: South Korea: Payment Security Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 53: Australia: Payment Security Market: Sales Value (in Million US$), 2018 & 2023
• Figure 54: Australia: Payment Security Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 55: Indonesia: Payment Security Market: Sales Value (in Million US$), 2018 & 2023
• Figure 56: Indonesia: Payment Security Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 57: Others: Payment Security Market: Sales Value (in Million US$), 2018 & 2023
• Figure 58: Others: Payment Security Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 59: Europe: Payment Security Market: Sales Value (in Million US$), 2018 & 2023
• Figure 60: Europe: Payment Security Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 61: Germany: Payment Security Market: Sales Value (in Million US$), 2018 & 2023
• Figure 62: Germany: Payment Security Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 63: France: Payment Security Market: Sales Value (in Million US$), 2018 & 2023
• Figure 64: France: Payment Security Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 65: United Kingdom: Payment Security Market: Sales Value (in Million US$), 2018 & 2023
• Figure 66: United Kingdom: Payment Security Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 67: Italy: Payment Security Market: Sales Value (in Million US$), 2018 & 2023
• Figure 68: Italy: Payment Security Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 69: Spain: Payment Security Market: Sales Value (in Million US$), 2018 & 2023
• Figure 70: Spain: Payment Security Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 71: Russia: Payment Security Market: Sales Value (in Million US$), 2018 & 2023
• Figure 72: Russia: Payment Security Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 73: Others: Payment Security Market: Sales Value (in Million US$), 2018 & 2023
• Figure 74: Others: Payment Security Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 75: Latin America: Payment Security Market: Sales Value (in Million US$), 2018 & 2023
• Figure 76: Latin America: Payment Security Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 77: Brazil: Payment Security Market: Sales Value (in Million US$), 2018 & 2023
• Figure 78: Brazil: Payment Security Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 79: Mexico: Payment Security Market: Sales Value (in Million US$), 2018 & 2023
• Figure 80: Mexico: Payment Security Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 81: Others: Payment Security Market: Sales Value (in Million US$), 2018 & 2023
• Figure 82: Others: Payment Security Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 83: Middle East and Africa: Payment Security Market: Sales Value (in Million US$), 2018 & 2023
• Figure 84: Middle East and Africa: Payment Security Market: Breakup by Country (in %), 2023
• Figure 85: Middle East and Africa: Payment Security Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 86: Global: Payment Security Industry: SWOT Analysis
• Figure 87: Global: Payment Security Industry: Value Chain Analysis
• Figure 88: Global: Payment Security Industry: Porter's Five Forces Analysis

List of Tables

• Table 1: Global: Payment Security Market: Key Industry Highlights, 2023 and 2032
• Table 2: Global: Payment Security Market Forecast: Breakup by Component (in Million US$), 2024-2032
• Table 3: Global: Payment Security Market Forecast: Breakup by Platform (in Million US$), 2024-2032
• Table 4: Global: Payment Security Market Forecast: Breakup by Enterprise Size (in Million US$), 2024-2032
• Table 5: Global: Payment Security Market Forecast: Breakup by End User (in Million US$), 2024-2032
• Table 6: Global: Payment Security Market Forecast: Breakup by Region (in Million US$), 2024-2032
• Table 7: Global: Payment Security Market: Competitive Structure
• Table 8: Global: Payment Security Market: Key Players

The global payment security market size reached US$ 27.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 80.2 Billion by 2032, exhibiting a growth rate (CAGR) of 12.5% during 2024-2032. The significant expansion of the e-commerce and online shopping industry, the emerging technological advancements, and the growing number of cybersecurity threats, unauthorized access, fraud, and data breaches are some of the major factors propelling the market.

Payment security refers to the measures and protocols in place to protect financial transactions from unauthorized access, fraud, and data breaches. It encompasses several techniques designed to ensure the confidentiality and integrity of payment information. It involves encryption methods, secure authentication processes, and real-time monitoring of transactions. It protects sensitive data, such as credit card details and personal information, and also build trust between consumers and businesses. Additionally, the implementation of stringent payment security measures can prevent financial loss and reputational damage of businesses and provide customers with a safe and reliable environment for making digital payments, thus enhancing their experience and fostering long-term relationships.

The market is primarily driven by the growing incidences of cyberattacks. In addition, businesses and consumers are seeking robust solutions to safeguard their financial data from hackers, thus contributing to the market growth. Moreover, the growing awareness among businesses about the potential financial and reputational repercussions of security breaches led to a shift in mindset with strategic investment to protect their operations, and building customer loyalty represents another major growth-inducing factor. Besides this, the widespread adoption of digital payment modes and utilization of wireless networks in computing devices for facilitating payments is driving the market growth. Along with this, emerging technological advancements, including the integration of connected devices with the Internet of Things (IoT), machine learning (ML), and artificial intelligence (AI) solutions are propelling the market growth. Furthermore, the implementation of several government stringent compliance requirements to ensure the protection of sensitive financial data and the adoption of advanced security measures are creating a positive market outlook.

Payment Security Market Trends/Drivers:

The significant expansion of the e-commerce and online shopping industry

The e-commerce and online shopping industries are growing significantly. In addition, the rise in digitization, the growing internet penetration, and the easy availability of online shopping applications are contributing to the market growth. It also offers convenience, accessibility, and the availability of several product choices to consumers on these digital platforms requiring secure and seamless payment transactions are influencing the market growth. Moreover, the need for robust payment security solutions due to increasing online shopping activities among customers entrusting their sensitive financial information to e-commerce platforms requires airtight security measures to protect data during every step of the transaction process representing another major growth-inducing factor. Besides this, e-commerce businesses are adopting advanced encryption methods, secure authentication processes, and real-time monitoring to ensure the confidentiality and integrity of payment information, thus accelerating market growth. Furthermore, the expansion of cross-border e-commerce led to the adoption of secure payment processing for international transactions which is essential to encourage global market growth.

The emerging technological advancements

The payment security market is driven by rapid technological advancements offering innovative solutions to combat evolving cyber threats. These advancements empower businesses to strengthen their payment security measures and provide customers with enhanced protection. Moreover, the integration of tokenization, a method that substitutes sensitive payment data with unique tokens, ensures that even if a breach occurs, hackers obtain meaningless data, thus mitigating the risk of fraudulent transactions which represents another major growth-inducing factor. Along with this, the incorporation of biometric authentication which employs unique human characteristics such as fingerprints and facial recognition for secure identity verification during payments enhances security and provides seamless and user-friendly experiences thus propelling the market growth. Besides this, the introduction of artificial intelligence (AI) in fraud detection and prevention, and machine learning (ML) algorithms to analyze patterns in transaction data to identify anomalies indicative of fraudulent activity are accelerating the market growth.

The growing number of cybersecurity threats and data breaches

The digital transformation led to a rising number of cybersecurity threats, including unauthorized access, fraud, and data breaches in payment security. Cybercriminals are becoming sophisticated in exploiting vulnerabilities, making it imperative for businesses to prioritize comprehensive payment security strategies. Moreover, unauthorized access to payment data can lead to severe financial losses and reputational damage leading to widespread adoption of payment security solutions representing another major growth-inducing factor. Along with this, hackers target weak points in payment systems, often gaining access through phishing attacks, malware, or social engineering, thus influencing market growth. Apart from this, fraudulent activities, such as credit card fraud and identity theft are impacting individuals and businesses requiring stringent security measures, thus augmenting the market growth. Furthermore, the theft of sensitive payment information can lead to financial and legal repercussions resulting in the adoption of multi-layered security measures, including real-time transaction monitoring, two-factor authentication, encryption of sensitive data, and employee training to recognize and prevent potential security breaches are creating a positive market outlook.

Payment Security Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the global payment security market report, along with forecasts at the global, regional and country levels from 2024-2032. Our report has categorized the market based on component, platform, enterprise size and end user.

Breakup by Component:

Solution

Encryption

Tokenization

Fraud Detection and Prevention

Service

Solution represents the most popular component

The report has provided a detailed breakup and analysis of the market based on the component. This includes solutions (encryption, tokenization, and fraud detection and prevention), and services. According to the report, solution accounted for the largest market share.

The solution component is driven by fortifying the integrity of financial transactions across various industries. These solutions include sophisticated tools and technologies that address the evolving cybersecurity threats. Moreover, the incorporation of payment security solutions to counter unauthorized access, fraud, and data breaches to protect sensitive payment data during transmission and storage represents another major growth-inducing factor.

Additionally, secure authentication processes, such as multi-factor authentication and biometric verification, provide robust identity validation, ensuring that only authorized individuals can initiate transactions, thus contributing to the market growth.

Along with this, the real-time monitoring and fraud detection solutions use advanced AI and machine learning algorithms to analyze transaction patterns to identify anomalies indicative of fraudulent activities which allows businesses to block potential attacks in real time, safeguarding customer data and their own financial interests, thus propelling the market growth. Furthermore, tokenization solutions are gaining traction by replacing sensitive payment information with unique tokens, which add an extra layer of security, thus providing a positive thrust to market growth.

Breakup by Platform:

Web-based

POS-based

POS-based platform holds the largest share of the market

A detailed breakup and analysis of the market based on the platform has also been provided in the report. This includes web-based, and POS-based. According to the report, POS-based platform accounted for the largest market share.

Point-of-Sale (POS)-based platforms ensure secure payment transactions across several industries. In addition, the point-of-sale system facilitates payment processing at the moment of purchase and offers a seamless and familiar experience to merchants and customers which enhances user confidence and encourages the adoption of secure payment practices, thus contributing to the market growth.

Moreover, the integration of advanced security features within POS systems including encryption techniques, secure card readers, and tokenization processes that collectively fortify payment security and protect against potential breaches and fraudulent activities represents another major growth-inducing factor.

Furthermore, the easy adaptability of POS-based platforms catering to numerous businesses, from retail stores to restaurants, enables secure payment transactions in various settings which is contributing to their widespread adoption, further solidifying their position at the forefront of the payment security market.

Breakup by Enterprise Size:

Small and Medium-sized Enterprises

Large Enterprises

Large enterprises presently account for the largest market share

A detailed breakup and analysis of the market based on the enterprise size has also been provided in the report. This includes small and medium-sized enterprises and large enterprises. According to the report, large enterprises accounted for the largest market share.

Large enterprises possess distinct advantages in terms of resources, financial and human, which enable them to invest substantially in robust payment security solutions with their expansive budgets. It allows for the implementation of advanced technologies, sophisticated encryption methods, and dedicated teams focused on monitoring and mitigating security risks which safeguards their own operations while positioning them as industry leaders in promoting secure payment practices.

Moreover, the scale of operations and customer base associated with large enterprises amplifies the need for stringent payment security measures to engage these companies in a high volume of transactions and manage vast amounts of customer data, resulting in the adoption of comprehensive security strategies to uphold customer trust and protect their brand reputation.

Furthermore, large enterprises often have a global presence, engaging in cross-border transactions that demand secure payment processing across numerous markets and regulatory landscapes which requires the implementation of adaptable security measures to comply with various regional requirements and to ensure consistent protection for the company and its customers, thus propelling the market growth.

Breakup by End User:

BFSI

Government and Utilities

IT and Telecom

Healthcare

Retail and E-Commerce

Media and Entertainment

Travel and Hospitality

Others

Retail and e-commerce hold the largest share of the market

A detailed breakup and analysis of the market based on the end-user has also been provided in the report. This includes BFSI, government, and utilities, IT and telecom, healthcare, retail and e-commerce, media and entertainment, travel and hospitality, and others. According to the report, retail and e-commerce accounted for the largest market share.

Retail and e-commerce businesses are transforming significantly, transitioning from traditional brick-and-mortar models to dynamic online platforms. In addition, the changing consumer preferences and the convenience of online shopping are escalating the demand for payment security solutions to ensure secure payment processing.

Moreover, consumers entrust their sensitive financial information, including credit card details and personal data, to online retail and e-commerce platforms resulting in stringent payment security measures such as tokenization, biometric authentication, and AI-driven fraud detection to protect customer information and enhance the shopping experience represents another major growth-inducing factor. Furthermore, the growing number of cyber threats, data breaches, and fraudulent activities targeting the retail and e-commerce sectors underscores the critical importance of payment security, thus augmenting the market growth.

Breakup by Region:

North America

United States

Canada

Asia-Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Latin America

Brazil

Mexico

Others

Middle East and Africa

North America exhibits a clear dominance in the market

The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America accounted for the largest market share.

North America is driven by the robust technological infrastructure and a growing digital ecosystem. Ina addition, the rising digitalization, the widespread adoption of online payment methods, and the escalating demand for advanced security solutions are augmenting the market growth. Also, businesses and consumers place a premium on protecting financial transactions, driving the need for advanced security measures.

Moreover, the North America region is home to numerous large-scale corporations, financial institutions, and technology giants that handle extensive volumes of financial transactions which requires rigorous payment security protocols to mitigate risks and maintain consumer trust representing another major growth-inducing factor.

Furthermore, the implementation of favorable government policies regarding data protection and cybersecurity such as the payment card industry data security standard (PCI DSS) and evolving privacy laws compel businesses to implement comprehensive payment security measures encouraging the adoption of advanced security solutions to ensure compliance and avoid legal repercussions thus propelling the market growth.

Competitive Landscape:

At present, key players in the payment security market are taking strategic initiatives to solidify and enhance their positions in an increasingly competitive landscape. They are investing in research and development (R&D) to innovate and develop security solutions, including advancements in encryption technologies, fraud detection algorithms, and biometric authentication methods which contribute to strengthening their product portfolios. Moreover, companies are strategically acquiring or merging with smaller firms that possess specialized expertise in payment solutions which enables them to quickly expand their capabilities, access new markets, and stay ahead of the competition. Besides this, they are forming strategic partnerships and collaborations with other technology companies, financial institutions, and cybersecurity experts to facilitate knowledge sharing, access to complementary technologies, and the creation of comprehensive security solutions that address several threats.

The report has provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:

Bluefin Payment Systems LLC

Broadcom Inc.

Cybersource (Visa Inc.)

Elavon Inc. (U.S. Bancorp)

Ingenico (Worldline)

PayPal Holdings Inc.

SecurionPay

Shift4 Payments

Signifyd

SISA Information Security

TokenEx

VeriFone Inc.

Recent Developments:

In July 2022, TokenEx, a cloud tokenization and payment optimization provider, collaborated with Visa, a prominent digital payment solutions provider to become an authorized cloud-based network tokenization partner for Visa. As part of its partnership with Visa, TokenEx selected Token ID, a solution that caters to regional payment systems, financial institutions, merchants, clearinghouses, and various stakeholders within the payment ecosystem.

In July 2022, Bluefin Payment Systems LLC, a tokenization and encryption technology provider that secures payments and sensitive data, collaborated with healthcare payment software provider Waystar to offer advanced payment security for healthcare payments which aims to deliver heightened payment security for healthcare transactions. Alongside this, the partnership entails the provision of Bluefin's PCI-validated point-to-point encryption solution and payment gateway through Waystar's software platform.

In September 2022, PayPal Holdings Inc. introduced a newly unveiled app that serves as an all-in-one app and gives a comprehensive platform designed to empower customers to efficiently handle their financial matters. It functions as a central hub for PayPal customers to oversee bill payments, access funds two days prior through a new direct deposit feature integrated with banking partners, monitor gift card usage, and earn rewards.

Key Questions Answered in This Report

• 1. What was the size of the global payment security market in 2023?
• 2. What is the expected growth rate of the global payment security market during 2024-2032?
• 3. What are the key factors driving the global payment security market?
• 4. What has been the impact of COVID-19 on the global payment security market?
• 5. What is the breakup of the global payment security market based on the component?
• 6. What is the breakup of the global payment security market based on the platform?
• 7. What is the breakup of the global payment security market based on the enterprise size?
• 8. What is the breakup of the global payment security market based on the end user?
• 9. What are the key regions in the global payment security market?
• 10. Who are the key players/companies in the global payment security market?

Table of Contents

1 Preface

2 Scope and Methodology

• 2.1 Objectives of the Study
• 2.2 Stakeholders
• 2.3 Data Sources
  • 2.3.1 Primary Sources
  • 2.3.2 Secondary Sources
• 2.4 Market Estimation
  • 2.4.1 Bottom-Up Approach
  • 2.4.2 Top-Down Approach
• 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

• 4.1 Overview
• 4.2 Key Industry Trends

5 Global Payment Security Market

• 5.1 Market Overview
• 5.2 Market Performance
• 5.3 Impact of COVID-19
• 5.4 Market Forecast

6 Market Breakup by Component

• 6.1 Solution
  • 6.1.1 Market Trends
  • 6.1.2 Key Segments
    • 6.1.2.1 Encryption
    • 6.1.2.2 Tokenization
    • 6.1.2.3 Fraud Detection and Prevention
  • 6.1.3 Market Forecast
• 6.2 Service
  • 6.2.1 Market Trends
  • 6.2.2 Market Forecast

7 Market Breakup by Platform

• 7.1 Web-based
  • 7.1.1 Market Trends
  • 7.1.2 Market Forecast
• 7.2 POS-based
  • 7.2.1 Market Trends
  • 7.2.2 Market Forecast

8 Market Breakup by Enterprise Size

• 8.1 Small and Medium-sized Enterprises
  • 8.1.1 Market Trends
  • 8.1.2 Market Forecast
• 8.2 Large Enterprises
  • 8.2.1 Market Trends
  • 8.2.2 Market Forecast

9 Market Breakup by End User

• 9.1 BFSI
  • 9.1.1 Market Trends
  • 9.1.2 Market Forecast
• 9.2 Government and Utilities
  • 9.2.1 Market Trends
  • 9.2.2 Market Forecast
• 9.3 IT and Telecom
  • 9.3.1 Market Trends
  • 9.3.2 Market Forecast
• 9.4 Healthcare
  • 9.4.1 Market Trends
  • 9.4.2 Market Forecast
• 9.5 Retail and E-Commerce
  • 9.5.1 Market Trends
  • 9.5.2 Market Forecast
• 9.6 Media and Entertainment
  • 9.6.1 Market Trends
  • 9.6.2 Market Forecast
• 9.7 Travel and Hospitality
  • 9.7.1 Market Trends
  • 9.7.2 Market Forecast
• 9.8 Others
  • 9.8.1 Market Trends
  • 9.8.2 Market Forecast

10 Market Breakup by Region

• 10.1 North America
  • 10.1.1 United States
    • 10.1.1.1 Market Trends
    • 10.1.1.2 Market Forecast
  • 10.1.2 Canada
    • 10.1.2.1 Market Trends
    • 10.1.2.2 Market Forecast
• 10.2 Asia-Pacific
  • 10.2.1 China
    • 10.2.1.1 Market Trends
    • 10.2.1.2 Market Forecast
  • 10.2.2 Japan
    • 10.2.2.1 Market Trends
    • 10.2.2.2 Market Forecast
  • 10.2.3 India
    • 10.2.3.1 Market Trends
    • 10.2.3.2 Market Forecast
  • 10.2.4 South Korea
    • 10.2.4.1 Market Trends
    • 10.2.4.2 Market Forecast
  • 10.2.5 Australia
    • 10.2.5.1 Market Trends
    • 10.2.5.2 Market Forecast
  • 10.2.6 Indonesia
    • 10.2.6.1 Market Trends
    • 10.2.6.2 Market Forecast
  • 10.2.7 Others
    • 10.2.7.1 Market Trends
    • 10.2.7.2 Market Forecast
• 10.3 Europe
  • 10.3.1 Germany
    • 10.3.1.1 Market Trends
    • 10.3.1.2 Market Forecast
  • 10.3.2 France
    • 10.3.2.1 Market Trends
    • 10.3.2.2 Market Forecast
  • 10.3.3 United Kingdom
    • 10.3.3.1 Market Trends
    • 10.3.3.2 Market Forecast
  • 10.3.4 Italy
    • 10.3.4.1 Market Trends
    • 10.3.4.2 Market Forecast
  • 10.3.5 Spain
    • 10.3.5.1 Market Trends
    • 10.3.5.2 Market Forecast
  • 10.3.6 Russia
    • 10.3.6.1 Market Trends
    • 10.3.6.2 Market Forecast
  • 10.3.7 Others
    • 10.3.7.1 Market Trends
    • 10.3.7.2 Market Forecast
• 10.4 Latin America
  • 10.4.1 Brazil
    • 10.4.1.1 Market Trends
    • 10.4.1.2 Market Forecast
  • 10.4.2 Mexico
    • 10.4.2.1 Market Trends
    • 10.4.2.2 Market Forecast
  • 10.4.3 Others
    • 10.4.3.1 Market Trends
    • 10.4.3.2 Market Forecast
• 10.5 Middle East and Africa
  • 10.5.1 Market Trends
  • 10.5.2 Market Breakup by Country
  • 10.5.3 Market Forecast

11 SWOT Analysis

• 11.1 Overview
• 11.2 Strengths
• 11.3 Weaknesses
• 11.4 Opportunities
• 11.5 Threats

12 Value Chain Analysis

13 Porters Five Forces Analysis

• 13.1 Overview
• 13.2 Bargaining Power of Buyers
• 13.3 Bargaining Power of Suppliers
• 13.4 Degree of Competition
• 13.5 Threat of New Entrants
• 13.6 Threat of Substitutes

14 Price Analysis

15 Competitive Landscape

• 15.1 Market Structure
• 15.2 Key Players
• 15.3 Profiles of Key Players
  • 15.3.1 Bluefin Payment Systems LLC
    • 15.3.1.1 Company Overview
    • 15.3.1.2 Product Portfolio
  • 15.3.2 Broadcom Inc.
    • 15.3.2.1 Company Overview
    • 15.3.2.2 Product Portfolio
    • 15.3.2.3 Financials
    • 15.3.2.4 SWOT Analysis
  • 15.3.3 Cybersource (Visa Inc.)
    • 15.3.3.1 Company Overview
    • 15.3.3.2 Product Portfolio
    • 15.3.3.3 SWOT Analysis
  • 15.3.4 Elavon Inc. (U.S. Bancorp)
    • 15.3.4.1 Company Overview
    • 15.3.4.2 Product Portfolio
  • 15.3.5 Ingenico (Worldline)
    • 15.3.5.1 Company Overview
    • 15.3.5.2 Product Portfolio
    • 15.3.5.3 SWOT Analysis
  • 15.3.6 PayPal Holdings Inc.
    • 15.3.6.1 Company Overview
    • 15.3.6.2 Product Portfolio
    • 15.3.6.3 Financials
    • 15.3.6.4 SWOT Analysis
  • 15.3.7 SecurionPay
    • 15.3.7.1 Company Overview
    • 15.3.7.2 Product Portfolio
  • 15.3.8 Shift4 Payments
    • 15.3.8.1 Company Overview
    • 15.3.8.2 Product Portfolio
    • 15.3.8.3 Financials
  • 15.3.9 Signifyd
    • 15.3.9.1 Company Overview
    • 15.3.9.2 Product Portfolio
  • 15.3.10 SISA Information Security
    • 15.3.10.1 Company Overview
    • 15.3.10.2 Product Portfolio
  • 15.3.11 TokenEx
    • 15.3.11.1 Company Overview
    • 15.3.11.2 Product Portfolio
  • 15.3.12 VeriFone Inc.
    • 15.3.12.1 Company Overview
    • 15.3.12.2 Product Portfolio
    • 15.3.12.3 SWOT Analysis