Global Mobile Payment Security Software Market Share, Industry Trends and Outlook 2016-2020: Hexa Reports

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Global Mobile Payment Security Software Market Share,

Size, Emerging Trends, Global Insights, Analysis, Overview

and Forecasts 2016-2020

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.

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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.

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

- Americas

- APAC

- EMEA

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.

Market driver

 Increased use...