About the Mobile Payment Security Software
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.
Technavio’s 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.
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
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?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
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
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
PART 15: Impact of drivers and challenges
PART 16: Market trends
• Introduction of mobile biometrics
• Development of multi-factor authentication
• Increased adoption of multimodal biometrics
• Emergence of NFC-based payments
PART 17: Impact of trends
PART 18: Five forces model
PART 19: Vendor landscape
• Competitive scenario
• Product offerings
PART 20: Description of vendors
PART 21: Vendor matrix
• Competitive rating
PART 22: Other prominent vendors
PART 23: Appendix
• List of abbreviations
PART 24: Explore Technavio
List of Exhibits
Exhibit 01: Countries considered in this report
Exhibit 02: Currency exchange rates
Exhibit 03: Working flow of mobile payment security
Exhibit 04: Market overview
Exhibit 05: Market assumptions
Exhibit 06: Global mobile payment market 2015-2020 ($ billions)
Exhibit 07: Value chain of mobile payment
Exhibit 08: Global mobile payment security software market 2015-2020 ($ billions)
Exhibit 09: Product life cycle analysis
Exhibit 10: Global mobile payment security software market by geography 2015-2020 (% share)
Exhibit 11: Global mobile payment security software market by geography 2015-2020 ($ millions)
Exhibit 12: Buying criteria
Exhibit 13: Drivers of mobile payment security software market
Exhibit 14: Impact of drivers
Exhibit 15: Challenges of mobile payment security software market
Exhibit 16: Impact of drivers and challenges
Exhibit 17: Trends of mobile payment security software market
Exhibit 18: Impact of trends
Exhibit 19: Five forces model
Exhibit 20: Product offerings
Exhibit 21: Vendor matrix
Exhibit 22: Competitive rating
Exhibit 23: Other prominent vendors
