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Bluefin Launches New Payment and Data Security Global Brand

Bluefin Launches New Payment and Data Security Global Brand
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Global Mobile Payment Security Software Market Forecasts 2021-2026, Featuring Broadcom Corporation, OneSpan, UL Transaction Security, MagTek Inc and NCR Corporation

Share this article Share this article ResearchAndMarkets.com s offering. The Global Mobile Payment Security Software Market is expected to grow at a CAGR of 9.2% over the forecast periods (2021-2026). Increasing adoption of mobile wallets in both emerging and developed countries is providing numerous opportunities for service providers and merchants, which is driving the market demand for security software. Mobile payment methods are expected to grow at a significant rate, owing to the increasing smartphone penetration and the various benefits associated with them, such as improved customer experience, which results in shorter waiting times in queues and wider payment offers to customers.

Global Payment Security Market (2020 to 2025) - Growth, Trends and Forecasts

Global Payment Security Market (2020 to 2025) - Growth, Trends and Forecasts January 07, 2021 08:08 ET | Source: Research and Markets Research and Markets Dublin, IRELAND ResearchAndMarkets.com s offering. The payment security market was valued at USD 15.84 billion in 2019 and is expected to reach USD 37.57 billion by 2025, with a CAGR of 15.88% during the forecast period (2020 - 2025). With the rising number of digital payments, such as credit/debit payments, mobile wallets, and online payments, it is expected to boost the payment security market globally over the forecast period. The growing number of data breaches is also one of the primary factors contributing to the growth of payment security market. These growing data breach cases are also increasing the financial losses due to it. Hence, thriving the demand for payment security solutions.

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