Press release
Tokenization Market Still Has Room to Grow | Emerging Players Symantec, Thales e-Security, Visa
Tokenization Market
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Summary
Scope of the Study
Tokenization is a way to protect consumer data from potential breach by using unspecified numbers which contains essential information thus, eliminating the need to provide whole card details while making online transactions. This payment security method helps online businesses in protecting their data breach. With increasing cases of data breach across industries resulting in huge capital loss, tokenization provides a great platform for key players to find ways and means to make this system robust.. The market study is being classified, by Application (Payment Security and Compliance Management) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America) , Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific) , Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe) , MEA (Middle East, Africa) , North America (United States, Canada, Mexico) .
Symantec [United States] , Thales e-Security [United States] , Visa [United States] , WEX [United States] , Worldpay [United States] , Dell Technologies [United States] , CipherCloud [United States] , Futurex [United States] , First Data [United States] , Gemalto [Netherlands] , Fiserv [United States] , Micro Focus [United Kingdom] , Liaison Technologies [United States] , Protegrity [United States] , TokenEx [United States] , Bluefin [United States] , Sequent Software [United States] , Discover Financial Services [United States] , Verifone [United States] and IP Solution International [Australia] are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Hewlett Packard Enterprise Development LP [United States] , CyberSource [United States] , Paymetric.com [United States] , Carta Worldwide [Canada] , Merchant Link [United States] , Ingenico ePayments [United States] , Rambus [United States] and Mastercard [United States.
Market Drivers
Growing Need to Prevent of Payment Fraud Cases
Stringent Regulatory Guidelines Set by Payment Card Industry Data Security Standard (PCI DSS) and Need for Compliance with Them
Market Trend
Growing Demand for Cloud Based Tokenization Security Solution
Rising Adoption of Data Tokenization for Mobile Apps
Restraints
Lack of Awareness About Tokenization System Among End user Industries
Issue Related with Implementation of This System
Opportunities
Growing Digital Payment Methods Across Industry Verticals and Rapid Growth in eCommerce Market
PCI DSS (Payment Card Industry Data Security Standard), a set of security standards, compliance is required for any business that processes credit or debit card transactions. The agency has set various guidelines which need adherence. The guidelines are Secure network, Secure cardholder data, Vulnerability management, Access control, Network monitoring & testing and Information security.
Key Target Audience
Payment solution providers
Software vendors
Value-Added Resellers
Information Technology security agencies
System Security
Software investors
Government agencies
Tokenization vendors
Managed Security Service Providers
Tokenization Service Provider
Tokenization Agencies
Technology Integrators
Research/Consultancy firms
System integrators
Others
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Table of Contents
1 Market Overview
2 Manufacturers Profiles
3 Global Tokenization Market Competition, by Manufacturer
4 Global Tokenization Market Analysis by Regions
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HTF Market Report is a wholly owned brand of HTF market Intelligence Consulting Private Limited. HTF Market Report global research and market intelligence consulting organization is uniquely positioned to not only identify growth opportunities but to also empower and inspire you to create visionary growth strategies for futures, enabled by our extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist you for making goals into a reality. Our understanding of the interplay between industry convergence, Mega Trends, technologies and market trends provides our clients with new business models and expansion opportunities. We are focused on identifying the “Accurate Forecast” in every industry we cover so our clients can reap the benefits of being early market entrants and can accomplish their “Goals & Objectives”.
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