Product ID: UCMIG45F2076
Report ID:
UCMIG45F2076 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The 3D secure payment authentication industry, with a market value of $1.05 billion in 2022, is poised for significant growth. Projections indicate an increase from $1.18 billion in 2023 to a substantial $2.81 billion by 2030, reflecting a robust compound annual growth rate of 13.3%. Key players in this sector include Verified by Visa, Securecode by Mastercard, Safekey by American Express, and Discover's ProtectBuy. As the digital economy and e-commerce continue to gain prominence, they play a pivotal role in aligning with Sustainable Development Goals (SDGs), offering both opportunities and challenges.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Systems Software by segment aggregation, the contribution of the Systems Software in Software & Services and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
Our industry expert will work with you to provide you with customized data in a short amount of time.
REQUEST FREE CUSTOMIZATIONWant to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Product ID: UCMIG45F2076