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.