How Big is the Payment Security Market | Value, Demand & Key Opportunities 2025

Code: MTA7785 Publication Date: Aug 2025

What is the size of Payment Security Market

According to 6Wresearch internal database and industry insights, Global Payment Security Market was estimated at USD 24.2 billion in 2024 and is projected to reach USD 61.3 billion by 2031, expanding at a CAGR of 20.70% during the forecast period 2025-2031.

Payment Security Market is showing exceptional growth with several factors which include the rising incidents of payment fraud, increasing adoption of digital payment methods, and growing regulatory compliance requirements worldwide.

Key Growth Drivers of the Payment Security Market

  • Growing demand for advanced fraud detection and prevention solutions
  • Increasing use of encryption, tokenization, and biometric authentication
  • Rising adoption of AI and machine learning for real-time threat monitoring
  • Stringent regulatory frameworks such as PCI-DSS and PSD2 driving security investments
  • Expansion of mobile and contactless payments increasing the need for secure transactions

Payment Security Market Trends

Payment Security Market is witnessed for the major developments with rapid adoption of multi-factor authentication and biometric security measures to enhance transaction safety. Further, AI-powered fraud analytics and behavioural biometrics are becoming standard features in payment security solutions. Other trends such as cloud-based security platforms with continuous threat intelligence sharing are on the rise. Furthermore, zero-trust security models and blockchain-based authentication are emerging trends shaping the market landscape.

Emerging Developments in the Payment Security Market

Payment Security Market is seeing major developments with machine learning algorithms to predict and mitigate emerging fraud patterns. The use of secure element (SE) technology and hardware-based security modules is growing in payment devices. Further, there is development of decentralized identity verification methods leveraging blockchain for enhanced privacy. Excluding these, expansion of adaptive authentication that adjusts security levels based on risk scoring in real time.

List of Leading Companies in the Payment Security Market

Below is a comprehensive list of the leading market players driving growth in this sector:

1.Thales Group

Company NameThales Group
Establishment Year2000
HeadquarterParis, France
Official WebsiteClick here

Provides comprehensive payment security solutions including encryption, tokenization, and hardware security modules.
Strong presence in securing digital payments across banking, retail, and government sectors.

2.Gemalto

Company NameGemalto
Establishment Year2006
HeadquarterAmsterdam, Netherlands
Official WebsiteClick here

This company specializes in digital security, offering payment card protection, authentication, and data encryption services.

3.RSA Security LLC

Company NameRSA Security LLC
Establishment Year1982
HeadquarterBedford, Massachusetts, United States
Official WebsiteClick here

This company offers access management, fraud detection, and risk analytics tailored for payment security and focuses on AI-driven security intelligence to prevent payment fraud in real time.

4.Symantec Corporation

Company NameSymantec Corporation
Establishment Year1982
HeadquarterMountain View, California, United States
Official WebsiteClick here

This company delivers endpoint protection, encryption, and threat detection solutions supporting payment systems and known for robust cybersecurity solutions.

5.FICO (Fair Isaac Corporation)

Company NameFICO (Fair Isaac Corporation)
Establishment Year1956
HeadquarterSan Jose, California, United States
Official WebsiteClick here

This company who specializes in fraud detection, risk management, and predictive analytics for payment security.

6.CyberSource

Company NameCyberSource 
Establishment Year1994
HeadquarterFoster City, California, United States
Official WebsiteClick here

This company is a visa company  who provides payment fraud management, tokenization, and secure payment gateway services.

7.NortonLifeLock Inc.

Company NameNortonLifeLock Inc.
Establishment Year1982
HeadquarterTempe, Arizona, United States
Official WebsiteClick here

Offers consumer and enterprise-level payment security solutions including identity theft protection.
Strong focus on safeguarding digital transactions against evolving cyber threats.

8.RSA Security LLC

Company NameRSA Security LLC
Establishment Year1982
HeadquarterBedford, Massachusetts, United States
Official WebsiteClick here

This company offers identity and access management, fraud detection, payment security and focuses on AI-driven security intelligence to prevent payment fraud in real time.

How Big is the Payment Security Market : FAQ's

The Payment Security market was estimated at USD 24.2 billion in 2024 and is projected to reach USD 61.3 billion by 2031.
Drivers include rising payment fraud, regulatory mandates, adoption of AI-based threat detection, and growth in digital payments.
Banking, e-commerce, retail, financial services, and telecommunications are leading adopters.
Major companies include Thales Group, Gemalto, RSA Security, Symantec (Broadcom), FICO, CyberSource, and NortonLifeLock.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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