TMCnet News

Tokenization Market - Historical Analysis, Current Market Scenario and the Potential of the Market till 2023
[June 21, 2018]

Tokenization Market - Historical Analysis, Current Market Scenario and the Potential of the Market till 2023


Market Scenario: Tokenization is the process of creating a “token” that process the sensitive data. A Tokenization is a solution that provides real-time payment of data security for all the transactions via smartphones, tablets, laptops, and other devices. The Tokenization is new technology that is driven by the tokenization system as the security and risk reduction benefits sensitive data that is replaced by the token which is isolated and segmented data stored in the database.



The study indicates that the Tokenization market that has cloud segment which is expected to be the fastest-growing deployment and 24/7 services and enhanced speed management capabilities. It benefits the organizations by availing the data security on the customer’s demand. It also helps the organizations to comply with DSS regulatory compliances. The growing technology trend of Bring Your Own Device (BYOD) and Choose Your Own Device (CYOD) has introduced many security threats associated with payment and healthcare data theft. Whereas, due to the rise in sophisticated cyber threats of critical information, the market is expected to gain traction in the next 5 years.

Get Sample of Report @ https://www.marketresearchfuture.com/sample_request/3206 The global The Tokenization market is expected to grow at USD ~$2341.38 Billion by 2023, at ~24.14% of CAGR between 2017 and 2023.


Regional Analysis: The regional analysis of Tokenization market is being studied for region such as Asia pacific, North America, Europe and Rest of the World. Growing adaptation of new technology in payment security industry is expected to drive the Tokenization market in North America and has become the leading in countries in the world as payment security reduces the security risk posed by payment data in the systems. It accepts payment securely from online applications. The study reveals that Europe region is also showing a positive growth in the Tokenization market due to the increasing penetration of the Internet and growing payment frauds have led to the growing payment security needs. Whereas, Asia-Pacific countries like China, Japan and India have a fair share in the Tokenization market as the companies have found tokenization to be cheaper, easier to use and more secure than end-to-end encryption due to which it is projected to grow at the highest pace during the forecast period.

Key Players The prominent players in the Tokenization Market are –Symantec Corporation (US), Gemalto NV (Netherlands), CardConnect Corp. (US), Thales e-Security, Inc. (US), CyberSource Corporation (US), 3Delta Systems, Inc.(US), CipherCloud (US), Hewlett-Packard Enterprises (US), Liaison Technologies, Inc.(US), Futurex (US), Fiserv, Inc. (US), Paymetric, Inc. (US), First Data Corporation (US), and TokenEx LLC (US), Protegrity USA, Inc. (US) among others Segments: The global tokenization market has been segmented on the basis of component, application area, deployment, organization Size, end-user and region.

Tokenization Market by Component: Professional services Integration Services Solution Managed services Service Consulting Support and Maintenance Training and Education Others Tokenization Market by Application Area: Payment Security Compliance Management User Authentication Others Tokenization Market by Deployment: Indoor Positioning System Outdoor Positioning System Others Tokenization Market by Organization Size: Small and Medium-sized Enterprises (SMEs) Large Enterprises Tokenization Market by End-User: BFSI Telecom and IT Healthcare Government & Defense Industrial Commercial Retail Automotive Others Tokenization Market by Region: North America Europe Asia Pacific (APAC) Rest of the World (ROW) Get Complete Report @ https://www.marketresearchfuture.com/reports/tokenization-market-3206 Intended Audience System Security Software investors Government agencies Tokenization vendors Payment solution providers Software vendors Value-Added Resellers Information Technology security agencies Managed Security Service Providers Tokenization Service Provider Tokenization Agencies Technology Integrators Research/Consultancy firms System integrators Table Of Contents List Of Figures Figure 1 Research Methodology Figure 2 Tokenization Market: By Component (%) Figure 3 Tokenization Market: By Application Area (%) Figure 4 Tokenization Market: By Deployment (%) Figure 5 Tokenization Market: By Organization Size (%) Figure 6 Tokenization Market: By End-User (%) Figure 7 Tokenization Market: By Region (%) Figure 8 North America Tokenization Market, By Component (%) Figure 9 North America Tokenization Market, By Application Area (%) Figure 10 North America Tokenization Market, By Deployment (%) Figure 11 North America Tokenization Market, By Organization Size (%) Figure 12 North America Tokenization Market, By End-User (%) Figure 13 North America Tokenization Market, By Region (%) Figure 14 Europe Tokenization Market, By Component (%) Figure 15 Europe Tokenization Market, By Application Area (%) Figure 16 Europe Tokenization Market, By Deployment (%) Figure 17 Europe Tokenization Market, By Organization Size (%) Figure 18 Europe Tokenization Market, By End-User (%) Figure 19 Europe Tokenization Market, By Region (%) Figure 20 Asia-Pacific Tokenization Market, By Component (%) Figure 21 Asia-Pacific Tokenization Market, By Application Area (%) Figure 22 Asia-Pacific Tokenization Market, By Serives (%) Continued… About Us: At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Media Contact: Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar, Pune - 411028 Maharashtra, India +1 646 845 9312 Email: [email protected]

As a community-building service, TMCnet allows user submitted content which is not always proofed by TMCnet editors. If you feel this entry is of inferior quality or wish to report it for some reason, please forward the URL to "webedit [AT] tmcnet [DOT] com" with your comments.


[ Back To TMCnet.com's Homepage ]