South America 3D Secure Authentication Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Component (Solution and Services) and End User (Banks and Merchant & Payment Processor)

South America 3D Secure Authentication Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Component (Solution and Services) and End User (Banks and Merchant & Payment Processor)

The 3D secure authentication market in SAM is expected to grow from US$ 31.28 million in 2021 to US$ 60.96 million by 2028; it is estimated to grow at a CAGR of 10.0% from 2021 to 2028.

The rise in e-commerce has further bolstered the adoption of online payment portals. The e-commerce industry is continuously expanding due to the regular increase in the number of companies. The e-commerce giants are continuously increasing their investments toward adopting new technologies in collaboration with banks to ensure transactions are made securely. The growth in m-commerce and e-commerce sales in the last few years has increased the cases of online fraud because of card-not-present (CNP) nature of online payments. The consumers are procuring items more from online portals using their mobile devices, which is creating an urge to have a safe and reliable 3D secure authentication facility. This factor is propelling the demand for better online payment platforms. Moreover, presence of companies offering 3D secure authentication facility to e-commerce merchants is another factor contributing to the market growth. For instance, GPayments Pty Ltd. provides ActiveAccess that gives a 3D secure e-commerce transaction and multi-factor user authentication. The ActiveAccess is capable of processing 3DS1 and 3DS2 transactions, which SAMns the user can easily support protocols during the transaction. Additionally, the emergence of enhanced version of 3D secure authentication technology is among the other factors expected to fuel the growth of the SAM 3D secure authentication market in the coming years.

Based on end user, the SAM 3D secure authentication market for the merchants & payment processors segment is expected to grow fastest during the forecast period. Merchants use 3D secure authentication solutions to mitigate the risk of online fraud. For instance, GPayments is a 3D secure leader and 3D secure issuing company. The company caters to more than 100,000 merchants, 100 banks, and 33 countries. The merchant utilizes authentication data captured as a part of 3D secure process to submit an authorization for the approval. However, 3D secure authentication technology is not completely adopted by merchants. In the current scenario, all merchants have not fully transitioned from 3D Secure 1 to 3D Secure 2. Nevertheless, players like Marqeta support both 3D Secure 2 & 3D Secure 1 for Visa.

The COVID-19 pandemic has severely impacted SAM due to the wide spread of novel coronavirus. The region has highly populated countries, which leads to the greater risk of the spread. Brazil has reported the highest number of COVID-19 cases in South America, followed by Ecuador, Chile, Peru, and Argentina. Most of the commercial operations in the region have been shut down to prevent the spread of the virus. However, lockdowns imposed in cities have compelled most businesses and merchants to move online, which has positively boosted the adoption of online payment portals. The increase in the online payment has positively contributed to the growth of the SAM 3D secure authentication market.

The overall SAM 3D secure authentication market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining an overview and forecast for the SAM 3D secure authentication market with respect to all the segments pertaining to the region. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the SAM 3D secure authentication market. GPayments Pvt. Ltd.; Modirum; Netcetera; Ravelin Technology Ltd; and UL, LLC are among key players operating in the market.

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Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the SAM 3D secure authentication market
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Scrutinize in-depth SAM market trends and outlook coupled with the factors driving the 3D secure authentication market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution


1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. SAM 3D Secure Authentication Market Landscape
4.1 Market Overview
4.2 SAM PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. SAM 3D Secure Authentication Market – Key Market Dynamics
5.1 Key Market Drivers
5.1.1 E-Commerce Platforms Becoming Popular
5.1.1 Payment-Related Cyber Scams Rising
5.2 Key Market Restraints
5.2.1 Data Breach Concerns
5.3 Future Trends
5.3.1 Enhanced Version of 3D Secure Authentication Technology Available
5.4 Impact Analysis of Drivers and Restraints
6. 3D Secure Authentication Market – SAM Analysis
6.1 SAM 3D Secure Authentication Market Overview
6.2 SAM 3D Secure Authentication Market –Revenue and Forecast to 2028 (US$ Million)
7. SAM 3D Secure Authentication Market Analysis – By Component
7.1 Overview
7.2 SAM 3D Secure Authentication Market, By Component (2020 and 2028)
7.3 Solution
7.3.1 Overview
7.3.2 Solution: 3D Secure Authentication Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Services
7.4.1 Overview
7.4.2 Services: 3D Secure Authentication Market – Revenue and Forecast to 2028 (US$ Million)
8. SAM 3D Secure Authentication Market – By End-User
8.1 Overview
8.2 SAM 3D Secure Authentication Market, by End-User (2020 and 2028)
8.3 Banks
8.3.1 Overview
8.3.2 Banks: 3D Secure Authentication Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Merchant and Payment Processor
8.4.1 Overview
8.4.2 Merchant and Payment Processor: 3D Secure Authentication Market – Revenue and Forecast to 2028 (US$ Million)
9. SAM 3D Secure Authentication Market – Country Analysis
9.1 Overview
9.1.1 SAM: 3D Secure Authentication Market- by Key Country
9.1.1.1 Brazil: 3D Secure Authentication Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.1.1 Brazil: 3D Secure Authentication Market- by Component
9.1.1.1.2 Brazil: 3D Secure Authentication Market- By End-User
9.1.1.2 Argentina: 3D Secure Authentication Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.2.1 Argentina: 3D Secure Authentication Market- by Component
9.1.1.2.2 Argentina: 3D Secure Authentication Market- By End-User
9.1.1.3 Rest of SAM: 3D Secure Authentication Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.3.1 Rest of SAM: 3D Secure Authentication Market- by Component
9.1.1.3.2 Rest of SAM: 3D Secure Authentication Market- By End-User
10. 3D Secure Authentication Market- COVID-19 Impact Analysis
10.1 SAM
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Development
12. Company Profiles
12.1 Netcetera
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 GPayments Pvt. Ltd.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Modirum
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Ravelin Technology Ltd.
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 UL, LLC
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
List of Tables
Table 1. SAM 3D Secure Authentication Market – Revenue, and Forecast to 2028 (US$ Million)
Table 2. Brazil: 3D Secure Authentication Market- by Component –Revenue and Forecast to 2028 (US$ Million)
Table 3. Brazil: 3D Secure Authentication Market- By End-User –Revenue and Forecast to 2028 (US$ Million)
Table 4. Argentina: 3D Secure Authentication Market- by Component–Revenue and Forecast to 2028 (US$ Million)
Table 5. Argentina: 3D Secure Authentication Market- By End-User –Revenue and Forecast to 2028 (US$ Million)
Table 6. Rest of SAM: 3D Secure Authentication Market- by Component–Revenue and Forecast to 2028 (US$ Million)
Table 7. Rest of SAM: 3D Secure Authentication Market- By End-User –Revenue and Forecast to 2028 (US$ Million)
Table 8. List of Abbreviation
List of Figures
Figure 1. SAM 3D Secure Authentication Market Segmentation
Figure 2. SAM 3D Secure Authentication Market Segmentation – By Country
Figure 3. SAM 3D Secure Authentication Market Overview
Figure 4. Solution Segment Held the Largest Market Share
Figure 5. Merchant and Payment Processing Segment Held the Largest Market Share
Figure 6. Brazil Segment Held the Largest Market Share
Figure 7. SAM– PEST Analysis
Figure 8. Expert Opinion
Figure 9. SAM 3D Secure Authentication Market: Impact Analysis of Drivers and Restraints
Figure 10. SAM 3D Secure Authentication Market – Revenue and Forecast to 2028 (US$ Million)
Figure 11. SAM 3D Secure Authentication Market Revenue Share, by Component (2020 and 2028)
Figure 12. SAM Solution: 3D Secure Authentication Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13. SAM Services 3D Secure Authentication Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. SAM 3D Secure Authentication Market Revenue Share, by End-User (2020 and 2028)
Figure 15. SAM Banks: 3D Secure Authentication Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. SAM Merchant and Payment Processor: 3D Secure Authentication Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. SAM: 3D Secure Authentication Market, by Key Country – Revenue (2020) (US$ Million)
Figure 18. SAM: 3D Secure Authentication Market Revenue Share, By Key Country (2020 and 2028)
Figure 19. Brazil: 3D Secure Authentication Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. Argentina: 3D Secure Authentication Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. Rest of SAM: 3D Secure Authentication Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. Impact of COVID-19 Pandemic in SAM Country Markets

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