Global Tokenization Market – Industry Trends and Forecast to 2028

  • ICT
  • Upcoming Report
  • Apr 2021
  • Global
  • 350 Pages
  • No of Tables: 60
  • No of Figures: 220

Global Tokenization Market, By Component (Solution, Services), Application Area (Payment Security, User Authentication and Compliance Management), Tokenization Technique (Application Programming Interface (API)-Based and Gateway- Based), Deployment Mode (Cloud and On- Premises), Organization Size (Small and Medium-Sized Enterprises and Large Enterprises), Vertical (Banking, Financial Services, and Insurance, Government, Retail, Healthcare, IT and Telecom, Energy and Utilities, Automotive, Education and Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028

Tokenization Market Market Analysis and Insights : Global Tokenization Market

Data Bridge Market Research analyses that the tokenization market will exhibit a CAGR of 16.73% for the forecast period of 2021-2028 and is expected to reach USD 5.34 billion by 2028. Rising demand for standalone tokenization services and cloud- based tokenization solutions are the two major factors driving the growth of the tokenization market.

Tokenization is a system of data security designed to prevent unauthorized access to critical data and information of a company. Tokenization protects all the data in a transactional process done through smartphone, tablets, or any similar gadgets. In simple language, tokenization in data security refers to the process wherein the sensitive information is substituted with non-sensitive equivalent that has no exploitable value. The substitution is done with an algorithmically generated number called token.

Rising data security concerns and fraudulent activities in case of financial transactions have induced the growth in the demand for tokenization solutions. Rising banking applications and credit card holders have directly and positively influenced the demand for tokenization. Increased focus on meeting the customers demand and improving the customer experience has further propelled growth of tokenization market. Rising demand for cloud- based tokenization solutions will further create lucrative market growth opportunities.

However, lack of knowledge and understand about tokenization especially in the low and middle class economies will challenge the market growth. Rising organizations inability to comply with tokenization solutions owing to the rising unstructured data will further create hindrances in the  market growth.

This tokenization market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on Data Bridge Market Research tokenization market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Global Tokenization Market Scope and Market Size

The tokenization market is segmented on the basis of component, application area, tokenization technique, deployment mode, organization size and vertical. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.

  • On the basis of component, the tokenization market is segmented into solutions and services. Services segment is further sub-segmented into professional services and managed services. Professional services are further bifurcated into consulting, integration, training and education and support and maintenance.
  • On the basis of application area, the tokenization market is segmented into payment security, user authentication and compliance management.
  • On the basis of tokenization technique, the tokenization market is segmented into application programming interface (API)-based and gateway- based.
  • On the basis of deployment mode, the tokenization market is segmented into cloud and on- premises.
  • On the basis of organization size, the tokenization market is segmented into small and medium-sized enterprises and large enterprises.
  • On the basis of vertical, the tokenization market is segmented into banking, financial services, and insurance, government, retail, healthcare, IT and telecom, energy and utilities, automotive, education and others.

Global Tokenization Market Country Level Analysis

The tokenization market is analysed and market size, volume information is provided by country, component, application area, tokenization technique, deployment mode, organization size and vertical as referenced above.

The countries covered in the tokenization market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America holds a prominent share in the global tokenization market owing to the earliest adoption of advanced technological solutions in the payments gateway industry. Also, the dominance is a result of prevalence of major key players spread across countries in this region. The USA and Canada have emerged to be the major contributors. Asia-Pacific on the other hand is projected to score the highest CAGR for the forecast period owing to increased focus of government to tackle with financial frauds and empower the cyber security systems.  

The country section of the tokenization market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Tokenization Market Share Analysis

The tokenization market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to tokenization market.

The major players covered in the tokenization market report are Fiserv, Inc., Mastercard, Visa, Micro Focus, American Express Company., TokenEx, MeaWallet, Thales Trusted Cyber Technologies, Futurex, Entrust Corporation., VeriFone, Inc., Bluefin Payment Systems, Marqeta, Inc., Paragon Payment Solutions, IntegraPay, AsiaPay Limited, Ingenico, Sygnum Bank AG, HST, and Cardlink among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

Customization Available : Global Tokenization Market

Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.


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