Global Mobile Payment Security Software Market Become Dominant At CAGR Of 23.7% By 2020

“The Latest Research Report Global Mobile Payment Security Software Market 2016-2020 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. – MarketResearchReports.biz”

About Mobile Payment Security Software Market

Due to the growing instances of theft of confidential financial data, a number of customers are adopting mobile payment security software for mobile devices. This will prevent fraudsters from gaining access to credit and debit card details as the entire payment transaction requires authorization between the merchant’s acquirer and issuing bank.

The rising adoption of m-commerce and mobile banking is likely to increase the adoption of mobile payment security software. There is also a growing need to secure personal financial information among users, which is fostering the growth of the market.

Technavios analysts forecast the global mobile payment security software market to grow at a CAGR of 23.7% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global mobile payment security software market for 2016-2020. To calculate the market size, Technavio considers the revenue generated from the installation of mobile payment security software in mobile devices that only cover smartphones and tablets. The revenue generated from after-sales services is not considered.

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The market is divided into the following segments based on geography:

Americas

APAC

EMEA

Technavio’s report, Global Mobile Payment Security Software Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

Apple

CA Technologies

Gemalto

Google

VASCO

Other prominent vendors

Chase Paymentech Solutions

HP Enterprise

Intel

MagTek

UL

Vantiv

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Market driver

Increased use of wireless networks

For a full, detailed list, view our report

Market challenge

Intense vendor competition

For a full, detailed list, view our report

Market trend

Introduction of mobile biometrics

For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2020 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?

Table Of Contents

PART 01: Executive summary

Highlights

PART 02: Scope of the report

Geographical information

Summation errors

Currency exchange rates

PART 03: Market research methodology

Research methodology

Economic indicators

PART 04: Assumptions

PART 05: Introduction

Key market highlights

PART 06: Market description

Working flow of mobile payment security

Advantages and disadvantages of mobile payment security software

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PART 07: Market developments

Emergence of SSO option

Adoption of digital wallets

Host card emulation

Tokenization

PART 08: Market landscape

Market overview

Global mobile payment market

Value chain of mobile payment

Global mobile payment security software market

PART 09: Product life cycle analysis

PART 10: Geographical segmentation

Global mobile payment security software market by geography

Global mobile payment security software market by geography (revenue)

PART 11: Buying criteria

PART 12: Market drivers

Increased use of wireless networks

Advanced and sophisticated threats

Increase in compliance requirements

Rise in number of online transactions

PART 13: Impact of drivers

PART 14: Market challenges

Intense vendor competition

Lack of strong telecom infrastructure in developing countries

Lack of awareness about mobile payment security software among customers

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