Allied Market Research
Payment Security Software Market

Payment Security Software Market

Size, Share, Competitive Landscape and Trend Analysis Report by Component Type (Solutions, Services), by Mode of Payment Type (Online payment, Point of Sale Payment, Mobile payment), by Organizational Size (Small Medium Enterprise, Large Enterprise) and by Industry Vertical (IT Telecom, BFSI, Retail, Transportation, Travel Hospitality, Education, Mobile Entertainment, Government Defense, Healthcare Life Science, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032

Report Code: A08622
Pages: NA
Tables: NA
Charts: NA
  • Formats*:

  • pdf

    Single User License, Five User
    License & Enterprise User License

  • xls

    Data Pack Excel License

  • ppt

    It comes with the additional cost
    of $2500.00 contact sales.


Payment Security Software Market Statistics: 2027

Payment security software is defined as the function that provides security and regulations in order to protect customer’s privacy, data, and money involved.  The payment security software is widely used to avoid identity theft. The software includes all the online financial transaction by using data encryption, data loss prevention and firewall. It usually consists of instruction detection, firewall, endpoint security and anti-malware, thus offering highest level of security with complete encryption and various layers of fraud prevention tools.

Payment Security Software Market

COVID-19 scenario Analysis:

  • Due to the COVID-19 outbreak digital payments have been keeping economies running and helping people reduce contact with virus. The adoption of contactless digital payments at the point of sale, such as Quick Response (QR) payment, near-field communications (NFC) payments, has increased as it can make it less likely for the virus to spread to others through cash exchanges. 
  • Governments and regulatory bodies have started discouraging the use of cash during the recent coronavirus outbreak. In addition, urgent need for essential products promotes digital payments as a swift and secure option.
  • Furthermore, many bank branches are either closed or work with minimum staff. Therefore, retailers and other vendors find it hard to deposit cash into their bank accounts. They tend to switch to digital payment options to eliminate the risk of theft. 
  • The COVID-19 pandemic has increased adoption of digital payment solutions significantly. Though various economies are still at different stages of development across the world, the outbreak has forced people to change their shopping habits in favor of eCommerce and M-Commerce. It has paved the way for digital payments. However, with the digital payments, there are chances of rise in the cyber-attacks which can hinder its adoption. Due to which the popularity of payment security software is expected to increase in the upcoming years which is opportunistic for the payment security software market.

Top impacting factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis 

Growing demand for payment security form online and e-commerce companies, major digital transformation of payment methods, increased fraudulent activities in e-commerce, rise in the adoption of mobile payment, and growing number of internet users are some of the key driving factors of this payment security software market. However, lack of trust on online payments and high cost of these solutions may hinder the growth of the market. Furthermore, growing use of payment application among every sector is opportunistic for the market. 

High adoption of wireless technologies: 

Increase in number of wireless technologies also increases rate of adoption of wireless payments. These wireless technologies include wireless broadband, Bluetooth, wireless fidelity, long term evolution and deployment of 5G technologies. With the adoption of payment security software offers a platform of enhanced secure payments. Thus, increasing use of wireless payment may bring a huge number of opportunities in the upcoming years. 

Digital transformation in payment methods:

Due to the major shift towards the digital transformation, the online payment market is experiencing a significant growth in the pattern of financial transactions, which is shifting towards cashless economy. The ongoing digitization across each sector is leading to high investments in the development and the deployment of new technologies which is encouraging the vendors to come up with technical competence to ensure secure, fast, and easy financial transaction and exchange of information over the Internet. As online payment is open to a number of security threats, the need for payment security software will increase to prevent the losses incurred due to frauds and data breaches which fuels the payment security software market growth.

Key benefits of the report:

  • This study presents the analytical depiction of the global payment security software market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of global payment security software market share.
  • The current market is quantitatively analyzed to highlight the global payment security software market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the payment security software market. 
  • The report provides detailed payment security software market analysis based on competitive intensity and how the competition will take shape in coming years. 

Payment Security Software Market Report Highlights

Aspects Details
By Component Type
  • Solutions
  • Services
By Mode of Payment Type
  • Online payment
  • Point of Sale Payment
  • Mobile payment
By Organizational Size
  • Small & Medium Enterprise
  • Large Enterprise
By Industry Vertical
  • IT & Telecom
  • BFSI
  • Retail
  • Transportation
  • Travel & Hospitality
  • Education
  • Mobile & Entertainment
  • Government & Defense
  • Healthcare & Life Science
  • Others
By Region
  • North America  (US, Canada)
  • Europe  (Germany, UK, France, rest of Europe)
  • Asia-Pacific  (China, Japan, India, rest of Asia-Pacific)
  • LAMEA  (Latin America, Middle East, Africa)
Key Market Players MagTek Inc., Symantec Corp., Cyber Source Corp., GEOBRIDGE Corp., Transaction network services Inc., Vasco Data security International Inc., Index systems Inc., Shift 4 Corp., CA Technologies, UL Transaction security.

Loading Table Of Content...

With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace

With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast

Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts

Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)

Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.

Purchase Options

Call or Email Us

U.S.-Canada Toll-free: +1-800-792-5285
Int'l : +1-503-894-6022
Europe : +44-845-528-1300
Email : help@alliedmarketresearch.com

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Enquiry Now

Purchase Full Report of
Payment Security Software Market

Start reading.
This Report and over 71,213+ more Reports, Available with Avenue Library. T&C*.

  • Online Only
  • $3,690  $3,321
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  • Free industry update
    (Within 180 days)
  • Free report update in next update cycle
  • Data Pack
  • $3,840  $3,456
  • Restricted to one authorized user
  • One print only
  • Available in
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Single User
  • $5,820  $4,947
  • Restricted to one authorized user
  • One print only
  • Available in
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Five Users
  • $6,540  $5,559
  • Limited to five authorized users
  • Print upto five copies
  • Available in
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Enterprise

  • $9,870  $7,896
  • Unlimited
  • Available in Excel & PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Library

  • $999 $ 1,175
    Per User/ Per month/ Billed annually
  • Published Content
  • Company Profiles
  • Newly Added Content Access
  • 10 PDF
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

Related Reports
*Terms and Conditions Apply

Why Allied Market Research?


Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction


On-demand customization of the scope of the report to exactly meet your needs

Targeted Market View

Targeted market view to provide pertinent information and save time for readers

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction


On-demand customization of scope of the report to exactly meet your needs


Targeted market view to provide pertinent information and save time of readers