Tokenization Market Size Analysis, Drivers, Key Factors Forecast, 2021–2032

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The global tokenization market size is expected to reach USD 11.00 Billion in 2030 and register a steady revenue CAGR of 19.0% over the forecast period

The global tokenization market size is expected to reach USD 11.00 Billion in 2030 and register a steady revenue CAGR of 19.0% over the forecast period, according to the latest analysis by Emergen Research. Steady tokenization market revenue growth can be attributed to the need to stay compliant and meet regulatory reporting standards. According to the Payment Card Industry (PCI) Data Security Standard (DSS), tokenization solutions can ease a merchant's validation efforts by lowering the number of system components for which PCI DSS standards apply, however, they do not eliminate the need to maintain and validate PCI DSS compliance. One solution to lessen the amount of cardholder data in the environment is to store tokens rather than Primary Account Numbers (PANs). Credit card tokenization significantly reduces risk (and consequently scope) as credit cards are not accessible outside of the initial point of collection and the data vault. However, the extent to which tokenization narrows a company's unique scope relies on how its technology and operational procedures deal with payment card data.

Furthermore, the report includes an in-depth analysis of the competitive landscape. The segment covers a comprehensive overview of the company profiles along with the product profiles, production capacities, products/services, pricing analysis, profit margins, and manufacturing process developments. The report also covers strategic business measures undertaken by the companies to gain substantial market share.

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Key companies operating in the Tokenization market include:

Fiserv, Inc., Mastercard, Visa, Micro Focus, American Express Company, Thales, Lookout, Inc., Futurex, CardConnect, FIS

Key market aspects studied in the report:

Market Scope: The report explains the scope of various commercial possibilities in the global Tokenization market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.

Key Benefits of the Report:

  • Comprehensive analysis of the competitive scenario and its changing dynamics
  • Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
  • In-depth 8-year analysis of the Global Tokenization Market
  • Critical understanding of the key market segments
  • Comprehensive analysis of the drivers, restraints, trends, and opportunities
  • Detailed regional analysis and extensive company profiling
  • Extensive assessment of current and emerging trends of the market

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Tokenization Market Segmentation:

  • Component Outlook (Revenue, USD Billion; 2019–2030)

    • Solutions
    • Services
  • Organization Size Outlook (Revenue, USD Billion; 2019–2030)

    • Large Enterprises
    • SMEs
  • Vertical Outlook (Revenue, USD Billion; 2019–2030)

    • Banking, Financial Services, Insurance
    • Healthcare
    • Information Technology Information Technology Enabled Services
    • Government
    • Retail E-Commerce
    • Energy Utilities
    • Other Verticals

 

Tokenization Market Segmentation by Regions:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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