Global 3D Secure Payment Market Segments 2024, Forecast To 2033
5 Mar, 2024
The 3D secure payment market has witnessed rapid growth, transitioning from $1.26 billion in 2023 to $1.43 billion in 2024, achieving a CAGR of 13.1%. This growth is driven by increasing e-commerce transactions, cybersecurity concerns, a rise in mobile commerce, elevated payment card usage, and the shift to digital payments. Future growth is projected, with the market expected to reach $2.38 billion in 2028, boasting a CAGR of 13.6%. Contributing factors include increased mobile wallet usage, cross-border transactions, adoption by new industry verticals, data security demands, and ongoing cybersecurity threats, with major trends like real-time transaction monitoring and strong customer authentication.
Global 3D Secure Payment Market Key Driver
The 3D secure payment market anticipates growth as consumer preferences lean towards online shopping. This shift in buying behavior, facilitated by easy access to information, product comparisons, and a wide range of choices, fuels the demand for secure online transactions. Tidio Ltd. predicts a rise in US digital buyers from 268 million in 2022 to 285 million in 2025. Consequently, the surge in online shopping preferences propels the 3D secure payment market forward.
Get A Free Sample Of The Global 3D Secure Payment Market ReportGlobal 3D Secure Payment Market Segments
The 3d secure payment market covered in this report is segmented –
1) By Component: Merchant Plug-in, Access Control Server, Other Components
2) By Type: On-Premise, Cloud-Based
3) By Application: Banks, Merchants And Payment Gateway
By Geography: The regions covered in the anti inflammatory therapeutics market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions.
North America was the largest region in the 3D secure payment market in 2023. Asia-Pacific is expected to be the fastest-growing region in the 3D secure payment market report during the forecast period. The regions covered in the 3d secure payment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major 3D Secure Payment Industry Players
GPayments Pty Ltd.; Broadcom Inc.; Mastercard Inc.; Visa Inc.; Bluefin Payment Systems LLC; American Express Company; RSA Security LLC; DECTA Limited; Modirum Oy; Marqeta; Entersekt; SIA S.p.A.; Worldline SA; Elavon Inc.; Adyen; AsiaPay; GMO Payment Gateway; Joseph Cyril Bamford Excavators Ltd.; Fiserv Inc.; ACI Worldwide Inc.; PayPal Holdings Inc.; Stripe Inc.; CardinalCommerce Corporation; CyberSource Corporation; Forter Inc.; Global Payments Inc.; Ingenico Group; PayU; Rapyd Financial Network Ltd.; Signifyd Inc.; Skrill Limited; Worldpay Inc.; Zoho Corporation
Get The Full Global 3D Secure Payment Market Report
AIOps 3D Secure Payment Market Overview
3D Secure payment refers to a security protocol in which an extra layer of security for online credit card and debit card transactions. Customers have to go through an additional verification process with the card issuer while purchasing.
3D Secure Payment Global Market Report 2023 provides data on the global 3d secure payment market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The 3d secure payment market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.