3D Secure Authentication market was valued at US$ 4988.8 million in 2022 and is anticipated to reach US$ 16530 million by 2029

 

3D Secure Authentication Market Size

The global 3D Secure Authentication market was valued at US$ 4988.8 million in 2022 and is anticipated to reach US$ 16530 million by 2029, witnessing a CAGR of 22.1% during the forecast period 2023-2029.

Get sample report

3D Secure Authentication Market

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.

The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

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%.

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.

Segment by Type

  • System & Platform
  • Consulting Services & Solutions
  • Other
  • by Place
  • ACS
  • MPI

Segment by Application

  • Consumer Electronics
  • ATM
  • POS Machine
  • Other

Read more

Post a Comment

0 Comments