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Tokenization Market to Grow at 26.5% CAGR by 2024 | A report by 3Delta Systems, Cardconnect Corporation, Ciphercloud, Cybersource, First Data Corporation, Fiserv.Inc, Futurex and others

03-28-2019 12:49 PM CET | IT, New Media & Software

Press release from: Data Bridge Market Research

Tokenization Market to Grow at 26.5% CAGR by 2024 | A report

This report provides a thorough synopsis on the study for tokenization market and how it is transforming the ICT industry. The tokenization report includes detailed market definition, classifications, applications, and market trends, and with the use of SWOT analysis, the report summarizes what the market drivers and restraints are. The report shows important product developments and tracks recent acquisitions, mergers and research in the information technology industry by the key players who are driving the market by detailing all sales, import, export and revenue figures for the forecast period of 2019 to 2024.

Market Analysis:
The Global Tokenization Market accounted for USD 1.12 billion in 2016 growing at a CAGR of 26.5% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

Download Sample PDF Report https://databridgemarketresearch.com/request-a-sample/?dbmr=global-tokenization-market

Key Competitors:
• 3Delta Systems
• Cardconnect Corporation
• Ciphercloud
• Cybersource
• First Data Corporation
• Fiserv.Inc
• Futurex
• Gemalto N.V.
• Hewlett-Packard Enterprise
• IBM Corporation
• Liaison Technologies.Inc
• Oracle Corporation
• Protegrity.Inc.
• Symantec Corporation
• Thales E-Security and others

Major market drivers & restraints:
• Rise in credit/debit card fraudulent activities
• Increasing need for PCI-DSS
• Rise in the need for payment security for digital ecommerce
• Lack of knowledge about security tokens among end-users
• Addressing the vulnerabilities from EMV standards

Get TOC https://databridgemarketresearch.com/toc/?dbmr=global-tokenization-market

Segmentation:
The global tokenization market is segmented on the basis of component into
• Solution, services. The services segment is further segmented into professional services, consulting services, integration services, training & education services, support & maintenance services, and managed services.

On the basis of organization size, the global tokenization market is segmented into
• Large Enterprises
• small & medium-sized enterprises (SMEs)

On the basis of application area, the global tokenization market is segmented into
• Payment security
• user authentication
• compliance management

On the basis of deployment model, the global tokenization market is segmented into
• On-premises
• cloud

On the basis of vertical, the global tokenization market is segmented into
• government and defense
• banking
• financial services & insurance
• IT &telecom
• Healthcare
• Retail
• Education and others

On the basis of geography, the global tokenization market report covers data points for 28 countries across multiple geographies such as
• North America
• South America
• Europe
• Asia-Pacific
• Middle East
• Africa

Some of the major countries covered in this report are
• U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and Brazil among others. In 2017, North America is expected to dominate the market.

Share Analysis:
The report for global tokenization market include detailed vendor level analysis for market shares in 2016 for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America specifically. Also impact and development analysis of key vendors is registered in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present market challenges, measure providers ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others. The report also measures technology life line curve and market time line to analyze and do more affective investments.

Speak to Author: https://databridgemarketresearch.com/speak-to-analyst/?dbmr=global-tokenization-market

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

Data Bridge Market Research
Tel: +1-888-387-2818
Email: sopan.gedam@databridgemarketresearch.com

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