Global Tokenization Market may turn $2.5 Billion by 2023, estimated to grow at a CAGR of 20%

“Tokenization – Global Market Outlook (2017-2023)”
A new research document with title ‘Tokenization – Global Market Outlook (2017-2023)’ covering detailed analysis, Competitive landscape, forecast and strategies. The study covers geographic analysis that includes regions like United States, EU, Japan, China, India, Southeast Asia and important players/vendors such as 3delta Systems, CardConnect…..The report will help user gain market insights, future trends and growth prospects for forecast period of 2023.

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According to Research, the Tokenization market is expected to grow from $697.68 million in 2016 to reach $2,466.48 million by 2023 with a CAGR of 19.8%. The increasing amount of data and growing need to manage sensitive data of customers coupled with stringent compliances is forcing organizations to adopt tokenization solutions. Compliance management and payment security among applications are some of the major factors supporting market growth due to growing eCommerce sector and digitization in the healthcare industry.

 

Cloud deployment segment is estimated to hold the largest market share owing to more deployment of cloud infrastructure among the Small & Medium sized enterprises making them focus on their core competencies. Payment security application segment is estimated to be the largest market holder, the increasing complexitites in paymane across the globe had made this change vast and countable. North American market is holding tha largest share in the regional market due to the presence of large number of tokenization vendors in the market.

 

Some of the key players in the Tokenization market include 3delta Systems, Inc., Cardconnect Corp., Ciphercloud, Cybersource, First Data Corporation, Fiserv, Inc., Futurex, Gemalto NV, Hewlett Packard Enterprise, Liaison Technologies, Inc., Paymetric, Inc., Protegrity Usa, Inc., Symantec Corporation, Thales E-Security, Inc. and Tokenex, LLC.

 

Applications Covered:

• Compliance Management

• Payment Security

• User Authentication

 

End-Users Covered:

• Automotive

• Banking, Financial Services, and Insurance

• Education

• Energy & Utilities

• Government

• Healthcare

• IT & Telecom

• Retail

• Other End-Users

 

Organization Sizes Covered:

• Small and Medium-Sized Enterprises

• Large Enterprises

 

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 Components Covered:

• Services

• Solution

 

Deployment Types Covered:

• Cloud

• On-Premises

 

Following Regions are Covered in the Study:

 

North America

US

Canada

Mexico

 

Europe

Germany

UK

Italy

France

Spain

Rest of Europe

 

Asia Pacific

Japan      

China      

India      

Australia

New Zealand    

South Korea     

Rest of Asia Pacific  

 

South America

Argentina

Brazil

Chile

Rest of South America

 

Middle East & Africa

Saudi Arabia

UAE

Qatar

South Africa

Rest of Middle East & Africa

 

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What our report offers:

– Market share assessments for the regional and country level segments

– Market share analysis of the top industry players

– Strategic recommendations for the new entrants

– Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets

– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)

– Strategic recommendations in key business segments based on the market estimations

– Competitive landscaping mapping the key common trends

– Company profiling with detailed strategies, financials, and recent developments

– Supply chain trends mapping the latest technological advancements


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