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Global POS Security Market Report 2022 to 2028: Players Include Oracle, NCR, Fortinet, Check Point Software Technologies and ThalesDUBLIN, March 6, 2023 /PRNewswire/ -- The "Global POS Security Market Size, Share & Industry Trends Analysis Report by Offering, Organization Size, Vertical, Regional Outlook and Forecast, 2022-2028" report has been added to ResearchAndMarkets.com's offering. The Global POS Security Market size is expected to reach $6.6 billion by 2028, rising at a market growth of 8.5% CAGR during the forecast period. Key Market Players
In addition, retailers are constantly seeking for fresh approaches to benefit from fresh methods and apps. Additionally, it is anticipated that the market for POS terminals would benefit from the growing emphasis on delivering a smooth client experience during the forecast period. Consumers can buy products and complete transactions in safe environments due largely to point-of-sale security (POS security). Due to the increased global usage of digital payment services, the payment security is anticipated to thrive in the COVID-19 scenario. Also, a number of banks and financial institutions are implementing payment security software to reduce the damage they have experiencedas a result of the pandemic and to increase their market share. The leading players in the market are competing with diverse innovative offerings to remain competitive in the market. The below illustration shows the percentage of revenue shared by some of the leading companies in the market. The leading players of the market are adopting various strategies in order to cater demand coming from the different industries. The key developmental strategies in the market are Acquisitions. Market Growth Factors Adherence To The Government Rules And Regulations The PCI Security Standards Council, which is in charge of enforcing PCI DSS, is mandated by financial firms and is in charge of overseeing its implementation. It is a full set of requirements that impose tight data security controls and procedures on merchants as well as service providers who keep, process, or transfer client credit card data. Traditional POS systems are dangerous with data security, especially when a firm is needed to host their own data server on-site. A safe cloud-based POS system would eliminate the load of data management from the daily tasks. Rising Issues Regarding The Implementation Of PoS Security The value proposition for POS security is predicated on businesses replacing these current solutions with a collection of proprietary, integrated products. Not all businesses are eager to throw away their current solutions and replace them. Market Segments Covered in the Report: By Offering
By Organization Size
By Vertical
By Geography
For more information about this report visit https://www.researchandmarkets.com/r/2x5fva About ResearchAndMarkets.com Media Contact: Research and Markets Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg View original content:https://www.prnewswire.com/news-releases/global-pos-security-market-report-2022-to-2028-players-include-oracle-ncr-fortinet-check-point-software-technologies-and-thales-301763330.html SOURCE Research and Markets |