The payment security market size has demonstrated robust growth in recent years, soaring from $30.87 billion in 2024 to $34.98 billion in 2025, marking a robust CAGR of 13.3%. This surge can be attributed to the rise of e-commerce, increase in digital transactions, globalization of financial transactions, data breaches, consumer awareness and expectations. The market is poised to continue this upward trajectory, expanding to an impressive $67.32 billion in 2029 at a compound annual growth rate (CAGR) of 17.8%. This forecast growth will be driven by emergence of contactless payments, blockchain and cryptocurrency security, integration of biometric authentication, regulatory developments, and continuous evolution of cyber threats. Key trends propelling this growth include increasing cyber threats, globalization and cross-border transactions, mobile and contactless payments, consumer awareness, and fraud prevention.
Get Your Free Sample of The Global Payment Security Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=6795&type=smp
What are the Main Factors Fuelling the Payment Security Market Growth?
The growth of the payment security market is significantly bolstered by the increasing adoption of digital payment modes. Offering a quick, safe, and convenient method to buy goods and services, digital payments have become integral to contemporary consumer behavior. The surge in the adoption of digital payment modes will therefore create significant demand for payment security solutions, which are crucial for ensuring secured payment transactions. The rapid expansion of contactless card payments further underscores this trend, with the total value of these transactions rising by 25.9% to €0.5 trillion ($545.27 billion) in the first half of 2023, according to stats released by the European Central Bank. Hence, the increasing adoption of digital payment modes presents a strong tailwind for the payment security market growth.
What Are the Notable Segments Within the Global Payment Security Market?
The payment security market covered in this report is segmented as follows:
1) By Solution: Encryption, Tokenization, Fraud Detection And Prevention
2) By Services: Integration Services, Support Services, Consulting Services
3) By Organization Size: Large Enterprises, Small And Medium-Sized Enterprises (SMEs)
4) By Vertical: Retail, Travel And Hospitality, Healthcare, IT And Telecom, Education, Media And Entertainment, Others (Automotive, Financial Services, And Manufacturing)
You can now order your report swiftly @:
https://www.thebusinessresearchcompany.com/report/payment-security-global-market-report
Who are the Big Players in the Payment Security Market?
Notable companies in the payment security market include CyberSource Corporation, Elavon Inc., Bluefin Payment Systems LLC., Ingenico Group., SISA Information Security Pvt Ltd., Mastercard Inc., Experian plc., Eastnets, Interkassa, Adyen N. V., Stripe India Private Ltd., PayPal Holdings Inc., Square Inc., Worldpay Inc., Braintree, Authorize. Net LLC., BlueSnap Inc., Fiserv Inc., ACI Worldwide Inc., Verifone Systems Inc., First Data Corporation, Global Payments Inc., Total System Services Inc., PayU, Paysafe Group Limited, Thales Group, Entrust Datacard Corporation.
What Trends Are Shaping the Future of the Payment Security Market?
The adoption of advanced technologies, such as Three-Domain Secure 2.0 (3DS 2.0), is a notable trend in the payment security market. As digital payments continue to grow, technological enhancements are vital to ensure secure transactions. 3DS 2.0 provides an extra layer of fraud protection for online credit or debit card purchases, analyzing a huge amount of contextual data to detect and prevent fraud. By sharing and analyzing intelligence about the authenticity of a purchase more easily, it offers a breakthrough in securing transactions. Key players in the market are latching onto this trend to improve their position and enhance their services, such as PayU’s launch of a 3DS 2.0 SDK authentication service in February 2023, which significantly improved online payment security.
Which Region is Seeing the Fastest Growth in the Payment Security Market?
In 2024, North America was the largest region in the payment security market, closely followed by Western Europe, Eastern Europe, Asia-Pacific, South America, Middle East, and Africa.
What Does The Payment Security Market Report 2025 Offer?
Payment security ensures privacy, data, and transaction protection for customers and partners, preventing money laundering, fraudulent transactions, and data breaches. The Payment Security Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Unlock valuable market insights by purchasing the exclusive report @: https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=6795
About The Business Research Company
The Business Research Company, with over 15000+ reports from 27 industries covering 60+ geographies, is reputed for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, in-depth secondary research, and unique industry leader insights, you can get the information you need to stay ahead. Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Read Related Topics:
https://goodprnews.com/vertical-lift-module-market-trends/
https://goodprnews.com/viral-inactivation-market-trends/
https://goodprnews.com/whole-exome-sequencing-market-trends/
https://goodprnews.com/steel-wire-rope-and-plastic-rope-market-trends/
https://goodprnews.com/telecom-operations-management-market-trends/
https://goodprnews.com/unmanned-surface-vehicle-usv-market-share/
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
