According to a new report, published by KBV research, The Global Payment Security Market size is expected to reach $32.46 billion in 2025 and is expected to reach $96.90 billion by 2032, rising at a market growth of 16.9% CAGR during the forecast period (2025-2032).
The global payment security market has evolved in direct response to the rapid digitization of financial transactions and the parallel rise in cyber threats targeting payment systems. In the early stages of electronic payments, security relied heavily on closed banking networks and basic encryption methods used primarily for interbank settlements. Governments and central banks played a critical role in establishing trust frameworks, particularly through regulated clearing and settlement systems operated under national oversight.
The Large Enterprises segment is leading the Global Payment Security Market by Organization Size in 2024, growing at a CAGR of 16.5 % during the forecast period. The Large Enterprises segment in the payment security market is driven by the extensive scale and complexity of operations managed by large organizations across banking, retail, telecommunications, healthcare, and government sectors. These enterprises handle high transaction volumes across multiple channels such as point-of-sale systems, online platforms, mobile applications, and cross-border payment networks, which significantly increases exposure to fraud, data breaches, and regulatory scrutiny.
The Web-Based segment is generating maximum revenue share in the Global Payment Security Market by Platform in 2024; thereby, achieving a market value of $43.33 billion by 2032. The Web-Based platform segment in the payment security market is driven by the widespread use of online payment portals across e-commerce, banking, subscription services, and digital service platforms. Web-based payment environments manage large volumes of card-not-present transactions, making them prime targets for cyber threats such as data interception, credential theft, and unauthorized access.
The Fraud Detection & Prevention market dominated the Global Payment Security Market by Solution Type in 2024, growing at a CAGR of 16 % during the forecast period. The Fraud Detection & Prevention segment in the payment security market focuses on identifying, analyzing, and mitigating unauthorized or suspicious transaction activities across digital and physical payment environments. Organizations deploy advanced monitoring systems that leverage behavioral analytics, rule-based engines, and machine learning models to detect anomalies in real time and reduce financial losses.
The Retail & E-commerce market dominated the Global Payment Security Market by End-User Industry in 2024; thereby, achieving a market value of $30.98 billion by 2032. The Retail & E-commerce segment represents a major application area for payment security solutions due to the high volume of digital and card-based transactions processed across online and offline retail channels. Retailers and e-commerce platforms manage sensitive customer information, including payment credentials, personal data, and purchase histories, making them frequent targets for cyberattacks and fraud attempts.
Full Report: https://www.kbvresearch.com/payment-security-market/
The North America region dominated the Global Payment Security Market by Region in 2024, and would continue to be a dominant market till 2032; thereby, achieving a market value of $33.39 billion by 2032. The Europe region is experiencing a CAGR of 16.5% during (2025 - 2032). Additionally, The Asia Pacific region would exhibit a CAGR of 17.5% during (2025 - 2032).
By Organization Size
By Platform
By Solution Type
By End-User Industry
By Geography
Unique Offerings
