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3D Secure Authentication Market Revenue, Insights, Overview, Outlook, Analysis | Valuates Reports

05-27-2024 01:50 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Valuates Reports

The global 3D Secure Authentication revenue was US$ 4023.9 million in 2022 and is forecast to a readjusted size of US$ 16530 million by 2029 with a CAGR of 22.1% during the review period (2023-2029).

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3D Secure (3-domain structure), also known as a payer authentication, is a security protocol that helps to prevent fraud in online credit and debit card transactions.

The payer authentication is a three-part process, so there are three parties involved in the process: the issuer (such as Visa or MasterCard), the acquirer, and the interoperability domain (such as payment system).

The 3D Secure Authentication industry can be broken down into several segments, System & Platform, Consulting Services & Solutions, etc.

Across the world, the major players cover Visa, Infineon Technologies, etc.

3D secure authentication is a measure to prevent fraud and can be used as an additional layer of security when making card payments.

In India, the 3D Secure Authentication revenue is expected to grow from US$ million in 2022 to US$ million by 2029, at a CAGR of % during the forecast period 2023-2029.

3D Secure Authentication is mainly classified into the following types: System & Platform, Consulting Services & Solutions and Other. System & Platform is the most widely used type which took up about 83.97 % of the total in 2019.

3D Secure Authentication has wide range of applications, like Consumer Electronics, ATM, POS Machine and Other. And Consumer Electronics is the most widely used area which took up about 72.49% of the global total in 2019.

North America is the largest region of 3D Secure Authentication in the world in the past few years and it will keep increasing in the next few years. Europe market took up about 29.86% the global market in 2019, while APAC is about 22.88%.

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American Express, Mastercard, Visa, Discover Global Network, CA Technologies (Broadcom), etc. are the key providers in the global 3D Secure Authentication market. Top 5 took up more than 35% of the global market in 2019.

This report focuses on global and India 3D Secure Authentication market, also covers the segmentation data of other regions in regional level and county level.

India is now the world's most populous country. According to IMF (its July update to its World Economic Outlook), India's GDP growth is projected at 6.1% in 2023, powered by domestic investment. First and foremost, the key factor in India's rapid economic growth is the huge supply and demand from a large population base. Demand and supply sides working in both directions to support India's economic stability.

India is a market full of opportunities, and the demand for 3D Secure Authentication will continue to grow rapidly in the future.

Global 3D Secure Authentication Scope and Market Size

3D Secure Authentication market is segmented in regional and country level, by players, by Type and by Application. Companies, stakeholders, and other participants in the global 3D Secure Authentication market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2018-2029.

For India market, this report focuses on the 3D Secure Authentication market size by players, by Type and by Application, for the period 2018-2029. The key players include the global and local players, which play important roles in India.

By User
• System & Platform
• Consulting Services & Solutions
• Other

By Place
• ACS
• MPI

By Application
• Consumer Electronics
• ATM
• POS Machine

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-31S15901/global-and-india-3d-secure-authentication

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