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Tokenization Market Size, Revenue, Growth Rate Analysis and Forecast 2023Global Tokenization Market - Overview Tokenization is the process of replacing sensitive data such as financial credentials with symbols that are unique in retaining the information. The primary objective of tokenization platform is to replace existing payment data from businesses with cryptic tokens which cannot be hacked and store them in the cloud. It also strengthens the security standards on credit card transactions by reducing the complexity of compliance and cost associated with it. Small and medium enterprises are widely adopting tokenization which helps in minimising data stored on-premises. The primary advantage of tokenization is that it helps in keeping the financial data safe from internal and external threats. The global tokenization market is primarily driven by increasing secured payment transactions among enterprises, reducing frauds, rising adoption in BFSI sector are primarily driving the market. Integration of tokenization with bigdata strengthens the security of the sensitive content which could be an opportunity for the market in the coming 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. 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 Global Tokenization Market - Segmentation The Global Tokenization Market can be segmented in to 5 key dynamics for the convenience of the report and enhanced understanding; Segmentation by component: Comprises solution and services (professional and managed services) Segmentation by Application Area: Comprises payment security, user authentication, compliance management and others Segmentation by deployment: Comprises on-cloud and on-premise Segmentation by organization size: Comprises SME and large enterprises Segmentation by Regions: Comprises Geographical regions - North America, Europe, Asia Pacific and Rest of the World. Global Tokenization Market - Regional Analysis The global tokenization market is studied for North America, Europe, Asia pacific and rest of the world. North America is estimated to hold major market share during the forecast period. The presence of key players in the region, increase in online transactions and related frauds are driving the market. The rising demand from banking industry is likely to drive the market over the coming years. Asia pacific region is expected to substantial growth rate during the forecast period. The rise in payment transactions across SMEs and rising investments for tokenization solutions are driving the market in this region. The rising awareness of online transactions across untapped economies in developing countries like India and China are fuelling the market growth. 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 Get Complete Report @ https://www.marketresearchfuture.com/reports/tokenization-market-3206 Table Of Contents 1 Market Introduction 1.1 Introduction 1.2 Scope Of Study 1.2.1 Research Objective 1.2.2 Assumptions 1.2.3 Limitations 1.3 Market Structure: 1.3.1 Global Tokenization Market: By Component 1.3.2 Global Tokenization Market: By Application Area 1.3.3 Global Tokenization Market: By Deployments 1.3.4 Global Tokenization Market: By Organization Size 1.3.5 Global Tokenization Market: By End User 1.3.6 Global Tokenization Market: By Region 2 Research Methodology 2.1 Research Component 2.2 Primary Research 2.3 Secondary Research 2.4 Forecast Model 3 Market Dynamics 3.1 Introduction 3.2 Market Drivers 3.3 Market Challenges 3.4 Market Opportunities 4 Executive Summary Market Factor Analysis 5.1 Porter’s Five Forces Analysis 5.2 Supply Chain Analysis 6 Tokenization Market 6.1 Introduction 6.2 Market Statistics 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. 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