Margin Predictions in the 3D Secure Payment Market for 2024 to 2025, What Do The Numbers Show?
The 3D secure payment market size has been rapidly growing in recent years, predicted to increase from $1.42 billion in 2024 to $1.61 billion in 2025, showcasing a compound annual growth rate (CAGR) of 13.1%. Dominant forces behind this growth include the increasing e-commerce transactions, rising cybersecurity concerns, growth in mobile commerce, surge in payment card usage, and a robust shift towards digital payments.
The 3D secure payment market size is set to continue its speedy growth in the forthcoming years. It is slated to reach $2.74 billion in 2029 at a CAGR of 14.2%. The rising usage of mobile wallets, increase in cross-border transactions, adoption by new industry verticals, and the ongoing cybersecurity threats are significant drivers for this growth. Key trends in the forecast period include real-time transaction monitoring, compliance with strong customer authentication (SCA), tokenization for payment security, multi-channel authentication, and beyond passwords authentication innovation.
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What Are The Driving Forces Behind The Growth of the 3D Secure Payment Market?
One of the key drivers for the 3D secure payment market growth is the increasing consumer preference towards online shopping. Online shopping, a type of electronic commerce, allows customers to browse the internet for products and services before making a purchase. The convenience, variety of products, and opportunities to compare items and pricing are providing a significant boost to the preferences of consumers towards online shopping. In November 2022, Tidio Ltd., a Poland-based payment platform for small and medium businesses, reported that the number of digital buyers in the US is expected to reach 285 million in 2025, a substantial rise from 268 million in 2022. This transition showcases how consumer preferences are propelling the growth of the 3D secure payment market.
Key Segments within The Global 3D Secure Payment Market.
1) By Component: Merchant Plug-In, Access Control Server, Other Components
2) By Type: On-Premise, Cloud-Based
3) By Application: Banks, Merchants And Payment Gateway
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Key Players in the 3D Secure Payment Market: Who’s Leading the Charge?
Key players operating in the 3D secure payment market include GPayments Pty Ltd., Broadcom Inc., Mastercard Inc., Visa Inc., Bluefin Payment Systems LLC, American Express Company, RSA Security LLC, DECTA Limited, Modirum Oy, Marqeta, Entersekt, SIA S.p.A., Worldline SA, Elavon Inc., and Adyen. Others include AsiaPay, GMO Payment Gateway, Joseph Cyril Bamford Excavators Ltd., Fiserv Inc., ACI Worldwide Inc., PayPal Holdings Inc., Stripe Inc., CardinalCommerce Corporation, CyberSource Corporation, Forter Inc., Global Payments Inc., Ingenico Group, PayU, Rapyd Financial Network Ltd., Signifyd Inc., Skrill Limited, Worldpay Inc., and Zoho Corporation.
Emerging Trends in the 3D Secure Payment Market: What’s Innovating?
Product innovation represents a pivotal trend in the 3D Secure Payment market with major market players focusing on developing innovative technologies and products such as 3-D Secure 2 (3DS2), frictionless authentication, 3D Secure 2.0 (3DS2), and biometric payments. For instance, in August 2022, Zuora Inc., a US-based enterprise software company, integrated 3D Secure 2.0 (3DS2), a strongly recommended solution for strong customer authentication (SCA) under PSD2.
Significant Growth Regions in the 3D Secure Payment Market: Where Are We Seeing Progress?
North America was the largest region in the 3D secure payment market in 2024. However, Asia-Pacific is set to emerge as the fastest-growing region. The regions featured in the 3D secure payment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
What Does the 3D Secure Payment Market Report 2025 Offer?
3D Secure payment adds an extra layer of security for online credit card and debit card transactions. Customers have to undergo an additional verification process with the card issuer during the purchase. The 3D Secure Payment Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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