Payment Card Skimming Trends and Forecast
The future of the global payment card skimming market looks promising with opportunities in the identity theft, payment fraud, money laundering, and ATM markets. The global payment card skimming market is expected to reach an estimated $5.0 billion by 2030 with a CAGR of 9.3% from 2024 to 2030. The major drivers for this market are growing popularity of online shopping and e-commerce, rising use of public Wi-Fi and public networks, and increasing concern towards security breaches and data thefts.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Payment Card Skimming by Segment
The study includes a forecast for the global payment card skimming by component, deployment mode, organization size, application, and region.
Payment Card Skimming Market by Component [Shipment Analysis by Value from 2018 to 2030]:
• Solution
• Service
Payment Card Skimming Market by Deployment Mode [Shipment Analysis by Value from 2018 to 2030]:
• On-Premise
• Cloud
Payment Card Skimming Market by Organization Size [Shipment Analysis by Value from 2018 to 2030]:
• Large Enterprise
• Small & Medium-Sized Enterprise
Payment Card Skimming Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Identity Theft
• Payment Fraud
• Money Laundering
• ATM
• Others
Payment Card Skimming Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Payment Card Skimming Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies payment card skimming companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the payment card skimming companies profiled in this report include-
• Sesame Software
• Quercia Software
• Complianceforge
• investedge
• Riskskill
• Fiserv
• C2C Smartcompliance
• BWise
• Matrix IFS
• Rivial Data Security
Payment Card Skimming Market Insights
Lucintel forecasts that solution is expected to witness the higher growth over the forecast period.
Within this market, identity theft is expected to witness the highest growth.
North America is expected to witness highest growth over the forecast period.
Features of the Global Payment Card Skimming Market
Market Size Estimates: Payment card skimming market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Payment card skimming market size by various segments, such as by component, deployment mode, organization size, application, and region in terms of value ($B).
Regional Analysis: Payment card skimming market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different components, deployment modes, organization sizes, applications, and regions for the payment card skimming market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the payment card skimming market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the payment card skimming market size?
Answer: The global payment card skimming market is expected to reach an estimated $5.0 billion by 2030.
Q2. What is the growth forecast for payment card skimming market?
Answer: The global payment card skimming market is expected to grow with a CAGR of 9.3% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the payment card skimming market?
Answer: The major drivers for this market are growing popularity of online shopping and e-commerce, rising use of public Wi-Fi and public networks, and increasing concern towards security breaches and data thefts.
Q4. What are the major segments for payment card skimming market?
Answer: The future of the payment card skimming market looks promising with opportunities in the identity theft, payment fraud, money laundering, and ATM markets.
Q5. Who are the key payment card skimming market companies?
Answer: Some of the key payment card skimming companies are as follows:
• Sesame Software
• Quercia Software
• Complianceforge
• investedge
• Riskskill
• Fiserv
• C2C Smartcompliance
• BWise
• Matrix IFS
• Rivial Data Security
Q6. Which payment card skimming market segment will be the largest in future?
Answer: Lucintel forecasts that solution is expected to witness the higher growth over the forecast period.
Q7. In payment card skimming market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the payment card skimming market by component (solution and service), deployment mode (on-premise and cloud), organization size (large enterprise and small & medium-sized enterprise), application (identity theft, payment fraud, money laundering, ATM, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Payment Card Skimming Market, Payment Card Skimming Market Size, Payment Card Skimming Market Growth, Payment Card Skimming Market Analysis, Payment Card Skimming Market Report, Payment Card Skimming Market Share, Payment Card Skimming Market Trends, Payment Card Skimming Market Forecast, Payment Card Skimming Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.