Global Mobile Payment Security Software Industry Is Forecasted To Grow At A CAGR of 23.7% By 2020: Hexa Reports

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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.

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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.

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

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
1. Increased use of wireless networks
2. For a full, detailed list, view our report

Market challenge
Intense vendor competition
For a full, detailed list, view our report

Market trend
1. Introduction of mobile biometrics
2. For a full, detailed list, view our report

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Key questions answered in this report

1. What will the market size be in 2020 and what will the growth rate be?

2. What are the key market trends?

3. What is driving this market?

4. What are the challenges to market growth?

5. Who are the key vendors in this market space?

6. What are the market opportunities and threats faced by the key vendors?

7. What are the strengths and weaknesses of the key vendors?

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About Us:
Hexa Reports is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe.We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

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Hexa Reports
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Felton, California, 95018,
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Contact Person: Ryan Shaw
Email: Send Email
Phone: 1-800-489-3075
Address:Felton Office Plaza, 6265 Highway 9
City: Felton
State: California
Country: United States
Website: http://hexareports.com/report/global-mobile-payment-security-software-market-2016-2020/details