What is PCI Compliance Software?
Retailers, financial organisations, and others that have to fulfil with the Payment Card Industry Data Security Standard (PCI DSS) need to protect the portions of their IT infrastructure that process, store, or transmit credit card information. Understanding the scope of PCI DSS compliance is often the first challenge, and involves not only determining which systems are permitted to store cardholder data but also ensuring that cardholder data is not being stored on unauthorised systems. PCI DSS compliance software enables you to provide evidence that those security controls are aligned with the requirements.
The market study is broken down and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that Players from United States will contribute to the maximum growth of Global PCI Compliance Software market throughout the predicted period.
Netwrix Corporation (United States), VERY GOOD SECURITY, Inc. (United States), Cipherpoint (Australia), Cisco (United States), HelpSystems (United States), ManageEngine (Zoho Corp.) (India), TokenEx (United States), StandardFusion (Canada), SolarWinds (United States), Qualys (United States) and HelpSystems (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Promisec (United States) and RIPS Technologies (Germany).
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global PCI Compliance Software market by Type, Application and Region.
On the basis of geography, the market of PCI Compliance Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Deployment Mode, the sub-segment i.e. Cloud-Based will boost the PCI Compliance Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End-User, the sub-segment i.e. SMEs will boost the PCI Compliance Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
The Payment Card Industry Data Security Standard (PCI DSS) is a set of requirements intended to confirm that all companies that process, store, or transmit credit card information retain a secure environment. Comprehensive standards and supportive materials has been provided by the PCI Security Standards Council (SSC), which comprise of specification frameworks, tools, measurements, and support resources to help organizations ensure the security of cardholder information at all times.
Market Trend
- The Rapid Development in Payment Infrastructure Such As POS Terminals and Payment Gateways Worldwide
- The Increased Preference for Payment Cards for Online Shopping
Market Drivers
- Debit Card Use At The Point Of Sale Has Grown Dramatically In Recent Years
Opportunities
- Rising Trend of Digitalization
- Increasing Applications of Payment Cards
Restraints
- Lack of Consumer Confidence and Growing Concern around Card Fraud
- The Availability of Alternative Payment Methods Such As E-Wallets
Challenges
- Presence of Unstructured Data
Key Target Audience
PCI Compliance Software Providers, Potential Technology Investor, Regulatory & Government Bodies, Downstream Vendors and Others
About Approach
During this study the evaluation and validation of the market size is done through various sources including primary and secondary analysis. AMA Research & Media follows industrial and regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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