About PCI compliance solutions market
Procurement research report on the PCI compliance solutions market provides procurement professionals with up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services. This report provides a detailed analysis of the supply market, procurement challenges, and procurement best practices which can help in planning and executing category management activities. It also focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.
Covered in this report
According to procurement analysts, the increase in adoption of digital payment modes across industries such as e-commerce, logistics, and manufacturing is exerting pressure on suppliers across end-user industries to be PCI compliant. This, in turn, is increasing the demand for organizations across end-user industries that opt for PCI compliance solution
Category driver
One of the procurement best practices for buyers is to engage with suppliers that provide continuous monitoring to ensure PCI compliance. Buyers need to not only fulfill PCI requirements but also continuously monitor if they are PCI compliant. This requires buyers to ensure that suppliers provide processes of continuous inspection, assessment, and enhancement of control environment on a periodic basis. This will help buyers ensure continued compliance with the PCI DSS framework.
Category constraints
Based on the key market segments:
Procurement research report on the PCI compliance solutions market provides procurement professionals with up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services. This report provides a detailed analysis of the supply market, procurement challenges, and procurement best practices which can help in planning and executing category management activities. It also focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.
Covered in this report
According to procurement analysts, the increase in adoption of digital payment modes across industries such as e-commerce, logistics, and manufacturing is exerting pressure on suppliers across end-user industries to be PCI compliant. This, in turn, is increasing the demand for organizations across end-user industries that opt for PCI compliance solution
Category driver
One of the procurement best practices for buyers is to engage with suppliers that provide continuous monitoring to ensure PCI compliance. Buyers need to not only fulfill PCI requirements but also continuously monitor if they are PCI compliant. This requires buyers to ensure that suppliers provide processes of continuous inspection, assessment, and enhancement of control environment on a periodic basis. This will help buyers ensure continued compliance with the PCI DSS framework.
Category constraints
- Type of organization that deploys PCI compliance solutions
- Number of transactions processed by organization
- Hardware equipment used
- Costs associated with qualified security assessments
- Category overview of the global PCI compliance solutions market
- Analysts consider the various segments within the market.
Based on the key market segments:
- PCI compliance solutions can be categorized into:
- BFSI industry
- Manufacturing sector
- Technology, media, and telecommunications
- Construction and real estate
- Healthcare
- Consumer and retail industry
Table of Contents
PART 1: CATEGORY AT A GLANCE
PART 2: SCOPE OF THE REPORT
PART 3: MARKET INSIGHTS
PART 4: SUPPLY MARKET INSIGHTS
PART 5: PRICING INSIGHTS
PART 6: PROCUREMENT INSIGHTS
PART 7: TOP FIVE SUPPLIERS
PART 8: APPENDIX
Executive Summary
New Report Released: Global PCI Compliance Solutions - Procurement Market Intelligence Report 2018-2022.The author of the report recognizes the following companies as the key suppliers in the Global PCI Compliance Solutions - Procurement Market Intelligence Report: Verizon, AT&T, Cisco, IBM, and Trustwave.
Commenting on the report, an analyst from the research team said: “One of the procurement best practices for buyers is to engage with suppliers that provide continuous monitoring to ensure PCI compliance.”
According to the report, one of the key growth contributors for the Global PCI Compliance Solutions Market is increase in adoption of digital payment modes across industries such as e-commerce, logistics, and manufacturing.
Further, the report states that major procurement challenge experienced by the buyers is the difficulty in quantifying the procurement costs associated with the deployment of PCI compliance solutions.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains actionable insights to improve source-to-contract cycle performance in addition to a PESTLE analysis.
Companies Mentioned
- Verizon
- AT&T
- Cisco
- IBM
- Trustwave
Methodology
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