Researchmoz added Most up-to-date research on "Asia-Pacific Payment Security Market (2018-2023)" to its huge collection of research reports.
The market is expected to grow at CAGR of 13.19% from 2018 to 2023 leading to a global revenue generation of USD 13.19 Bn in 2023.
The rise of payments in the digital and mobile channels has led to more sophisticated fraud across the Asia-Pacific region. A 2016 Consumer Fraud Survey showed more than a third of consumers in Australia, India and Singapore have experienced card fraud in the last five years.
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The APAC region countries such as India, China and Japan have grown exponentially in the e-commerce domain. Indians have changed the way they transact and the country has become home to estimated 3,000 e-commerce hubs and more than 1,200 rural hubs, 390 export hubs and 2,000 import hubs. The rising demand of e-commerce services has been boosting the growth of payment security market due to the implementations of Europay MasterCard and Visa (EMV).
By solution, the market is segmented into encryption, tokenization, fraud detection and prevention.
By service, the market is segmented into integration services, support services, and consulting services.
By end-user, the market is segmented into retail, travel and hospitality, healthcare, IT and telecom, education, media and entertainment, and others.
By regions, the market is divided into China, Japan, South Korea, India and rest of Asia Pacific
Key growth factors
Asian governments are promoting developments in card acceptance infrastructure and in turn increasing debit and credit card usage in emerging markets. Branch and ATM growth rates from 20122014 in countries including China, India, Indonesia, Malaysia, Thailand, Philippines, Taiwan and Hong Kong show a fall in the numbers of branches.
Threats and key players
The payment business has become increasingly competitive. Growth in trade and investment flows between Asia and other parts of the world is driving demand for cross-border payments. However, new regulations and compliance requirements along with the current payment infrastructure do not support the more complex and holistic requirements of new regulations.
Asia-Pacific payment security technology providers are Visa, Inc., PayPal (Braintree), Cybersource, SISA, etc.
Whats covered in the report?
1. Overview of the Asia Pacific payment security market
2. Market drivers, and challenges in the Asia Pacific payment security market
3. Market trends in Asia Pacific payment security market
4. Historical, current and forecasted market size data for Asia Pacific market segmentation based on type of solution (encryption, tokenization, fraud detection and prevention) - revenue
5. Historical, current and forecasted market size data for Asia Pacific market segmentation based on End-user (retail, travel and hospitality, healthcare, IT and telecom, education, media and entertainment, and others) by revenue
6. Historical, current and forecasted market size data of Asia Pacific payment security market by country (China, Japan, South Korea, India and rest of Asia Pacific) by revenue
7. Analysis of the competitive landscape and profiles of major competitors operating in the Asia Pacific market
Interested in Report: Make an Enquiry to Our Expert @ https://www.researchmoz.us/enquiry.php?type=E&repid=2075898
Why buy?
1. Understand the demand for the Asia Pacific payment security market to determine the viability of the market
2. Understand the country-specific market size and observations for each segment
3. Develop strategies based on the drivers, trends and highlights for each of the segments
4. Evaluate the value chain to determine the workflow and to get an idea of the current position where you are placed
5. Recognize the key competitors of this market and respond accordingly
6. Identify the initiatives and growth strategies taken by the major companies and decide the direction of further growth
7. Define the competitive positioning by comparing the products and services compared with the key players in the market
About ResearchMoz
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The market is expected to grow at CAGR of 13.19% from 2018 to 2023 leading to a global revenue generation of USD 13.19 Bn in 2023.
The rise of payments in the digital and mobile channels has led to more sophisticated fraud across the Asia-Pacific region. A 2016 Consumer Fraud Survey showed more than a third of consumers in Australia, India and Singapore have experienced card fraud in the last five years.
Get Free Report Sample and Customization: https://www.researchmoz.us/enquiry.php?type=S&repid=2075898
The APAC region countries such as India, China and Japan have grown exponentially in the e-commerce domain. Indians have changed the way they transact and the country has become home to estimated 3,000 e-commerce hubs and more than 1,200 rural hubs, 390 export hubs and 2,000 import hubs. The rising demand of e-commerce services has been boosting the growth of payment security market due to the implementations of Europay MasterCard and Visa (EMV).
By solution, the market is segmented into encryption, tokenization, fraud detection and prevention.
By service, the market is segmented into integration services, support services, and consulting services.
By end-user, the market is segmented into retail, travel and hospitality, healthcare, IT and telecom, education, media and entertainment, and others.
By regions, the market is divided into China, Japan, South Korea, India and rest of Asia Pacific
Key growth factors
Asian governments are promoting developments in card acceptance infrastructure and in turn increasing debit and credit card usage in emerging markets. Branch and ATM growth rates from 20122014 in countries including China, India, Indonesia, Malaysia, Thailand, Philippines, Taiwan and Hong Kong show a fall in the numbers of branches.
Threats and key players
The payment business has become increasingly competitive. Growth in trade and investment flows between Asia and other parts of the world is driving demand for cross-border payments. However, new regulations and compliance requirements along with the current payment infrastructure do not support the more complex and holistic requirements of new regulations.
Asia-Pacific payment security technology providers are Visa, Inc., PayPal (Braintree), Cybersource, SISA, etc.
Whats covered in the report?
1. Overview of the Asia Pacific payment security market
2. Market drivers, and challenges in the Asia Pacific payment security market
3. Market trends in Asia Pacific payment security market
4. Historical, current and forecasted market size data for Asia Pacific market segmentation based on type of solution (encryption, tokenization, fraud detection and prevention) - revenue
5. Historical, current and forecasted market size data for Asia Pacific market segmentation based on End-user (retail, travel and hospitality, healthcare, IT and telecom, education, media and entertainment, and others) by revenue
6. Historical, current and forecasted market size data of Asia Pacific payment security market by country (China, Japan, South Korea, India and rest of Asia Pacific) by revenue
7. Analysis of the competitive landscape and profiles of major competitors operating in the Asia Pacific market
Interested in Report: Make an Enquiry to Our Expert @ https://www.researchmoz.us/enquiry.php?type=E&repid=2075898
Why buy?
1. Understand the demand for the Asia Pacific payment security market to determine the viability of the market
2. Understand the country-specific market size and observations for each segment
3. Develop strategies based on the drivers, trends and highlights for each of the segments
4. Evaluate the value chain to determine the workflow and to get an idea of the current position where you are placed
5. Recognize the key competitors of this market and respond accordingly
6. Identify the initiatives and growth strategies taken by the major companies and decide the direction of further growth
7. Define the competitive positioning by comparing the products and services compared with the key players in the market
About ResearchMoz
ResearchMoz is the one stop online destination to find and buy market research reports & Industry Analysis. We fulfill all your research needs spanning across industry verticals with our huge collection of market research reports. We provide our services to all sizes of organizations and across all industry verticals and markets. Our Research Coordinators have in-depth knowledge of reports as well as publishers and will assist you in making an informed decision by giving you unbiased and deep insights on which reports will satisfy your needs at the best price.
Contact Us:
ResearchMoz
Mr. Nachiket Ghumare,
Tel: +1-518-621-2074
Toll Free: 866-997-4948 (US-CANADA)
Email: sales@researchmoz.us
Follow us on LinkedIn @ http://bit.ly/1TBmnVG
Follow us on Blogger @ http://bit.ly/2VIymJL
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