openPR Logo
Press release

Tokenization Market to Witness Huge Growth by Key Players: First Data, Gemalto, Fiserv, Micro Focus, Symantec and Others.

07-20-2020 08:25 PM CET | IT, New Media & Software

Press release from: ReportsandReports

Tokenization Market to Witness Huge Growth by Key Players: First

The research reports on “Tokenization Market” report gives detailed overview of factors that affect global business scope. Tokenization Market report shows the latest market insights with upcoming trends and breakdowns of products and services. This report provides statistics on the market situation, size, regions and growth factors.

The Tokenization Market size is estimated to grow from USD 983 Million in 2018 to USD 2,670 Million by 2023, at a Compound Annual Growth Rate (CAGR) of 22.1% during the forecast period.

Need a Free Sample Report? Visit: https://www.reportsnreports.com/contacts/requestsample.aspx?name=1821504

Top Companies Profiled in the Tokenization Market:
• First Data (US)
• Gemalto (Netherlands)
• Fiserv (US)
• Micro Focus (UK)
• Symantec (US)
• Thales e-Security (US)
• Visa (US)
• Wex (US)
• Worldpay (US)
• Dell Technologies (US)
• CipherCloud (US)
• Futurex (US)
• Liaison Technologies (US)
• Protegrity (US)
• TokenEx (US)
• Bluefin (US)
• Sequent Software (US)
• Discover Financial Services (US)
• Carta Worldwide (Canada)
• Merchant Link (US)
• Ingenico ePayments (US)
• Rambus (US)
• Mastercard (US)
• Verifone (US)
• IP Solution International (Australia)

“The service segment is expected to grow at a higher CAGR during the forecast period”
The tokenization market by service includes professional and managed services. Furthermore, the professional services include consulting, training and education, and support and maintenance. These services help clients understand their solutions and related processes. The solution segment is expected to hold a larger market size during the forecast period.

“Increasing strict regulatory compliances and payment frauds in SMEs are expected to drive the growth of the SMEs segment during the forecast period”
The SMEs segment is expected to grow at a higher CAGR, owing to the rising deployment of the tokenization solution by SMEs to proactively protect their payment transactions. SMEs are small in terms of their size, but cater to a large number of customers globally. The Robust and comprehensive tokenization solution is not implemented in SMEs, due to financial constraints in these organizations.

Direct Purchase this report and Get 20% Discount @ https://www.reportsnreports.com/purchase.aspx?name=1821504

Table of Contents:
1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Segmentation
1.4 Regions Covered
1.5 Years Considered for the Study
1.6 Currency Considered
1.7 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.2 Primary Data
2.1.2.1 Breakup of Primaries
2.1.2.2 Key Industry Insights
2.1.2.3 Market Breakup and Data Triangulation
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Assumptions for the Study
2.3.1 Limitations of the Study

3 Executive Summary

4 Premium Insights
4.1 Attractive Market Opportunities in Tokenization Market
4.2 Tokenization Market, By Component, 2018–2023
4.3 Tokenization Market, By Service, 2018–2023
4.4 Tokenization Market, By Professional Service, 2018–2023
4.5 Tokenization Market, By Application Area, 2018–2023
4.6 Tokenization Market, By Deployment Type, 2018–2023
4.7 Tokenization Market, By Organization Size, 2018–2023
4.8 Tokenization Market, By Vertical, 2018–2023
4.9 Lifecycle Analysis, By Region

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Mandate to Follow Pci-Dss Guidelines and Protect Cardholders’ Data
5.2.1.2 Increasing Payment Frauds and the Need to Protect Them
5.2.1.3 Emergence of Targeted Attacks and Ubiquitous Apts
5.2.2 Restraints
5.2.2.1 Organization’s Inability to Afford Robust Tokenization Solutions
5.2.2.2 Addressing Vulnerabilities According to Emv Standards
5.2.3 Opportunities
5.2.3.1 Demand for Cloud-Based Tokenization Solutions Among SMEs
5.2.3.2 Increase in Adoption of Contactless Payment Solutions
5.2.4 Challenges
5.2.4.1 Lack of Knowledge About Security Tokens Among End-Users
5.3 Regulatory Landscape
5.3.1 Payment Card Industry Data Security Standard
5.3.2 General Data Protection Regulation
5.3.3 Health Insurance Portability and Accountability Act/Hitech Compliance
5.3.4 Federal Information Security Management Act
5.3.5 Gramm–Leach–Bliley Act
5.3.6 Sarbanes–Oxley Act
5.4 Innovation Spotlight
5.4.1 3delta Systems
5.4.2 Futurex
5.4.3 Paymetric
5.4.4 Gemalto
5.5 Use Cases
5.5.1 Adoption of Tokenization Solution By an Ecommerce Organization in the United States
5.5.2 Reliance on Tokenization Solution By the Hospitality Sector in North America
5.5.3 Adoption of Tokenization Solutions in the Healthcare Industry to Improve Data Security
5.5.4 Adoption of Tokenized Payments in the European Retail Sector for Reducing Frauds
5.5.5 Adoption of Tokenization Solutions By A Major It and Telecom Company in the Us
5.6 Top Application Analysis
5.7 Top Vertical Analysis
5.8 Top Region Analysis
5.9 Innovation Spotlight
5.10 Tokenization Architecture
5.11 Tokenization vs Encryption
….And More

Ask Question at https://www.reportsnreports.com/contacts/inquirybeforebuy.aspx?name=1821504

#Customization Service of the Report:
ReportsnReports provides customization of reports as per your need. This report can be personalized to meet your requirements. Get in touch with our sales team, who will guarantee you to get a report that suits your necessities.

Corporate Headquarters
Tower B5, office 101
Magarpatta SEZ,
Hadapsar, Pune-411013, India

About Us:-
ReportsnReports.com is your single source for all market research needs. Our database includes 500,000+ market research reports from over 95 leading global publishers & in-depth market research studies of over 5000 micro markets.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Tokenization Market to Witness Huge Growth by Key Players: First Data, Gemalto, Fiserv, Micro Focus, Symantec and Others. here

News-ID: 2093508 • Views:

More Releases from ReportsandReports

The Growing Importance of Smart Wearable Equipment - Global Market: Today's Worl …
The report presents detailed information regarding the prominent players and potential competitors in the Smart Wearable Equipment - Global market. It includes comprehensive insights into their worldwide presence, economic performance, strategies, upcoming product releases, research and development initiatives, and a SWOT analysis. Additionally, the report analyses revenue share and contact details for each player. This comprehensive report aims to evaluate and forecast the market size for Fuel Monitoring Systems. It analyses
Vegetable Glycerin - Global Market 2023 Driving Factors Forecast Research 2029
This comprehensive report thoroughly assesses various regions, estimating the volume of the global Vegetable Glycerin - Global market within each region during the projected timeframe. The report is meticulously crafted and includes valuable information on the current market status, historical data, and projected outlook. Furthermore, it presents a detailed market analysis, segmenting it based on regions, types, and applications. The report closely monitors key trends that play a crucial role
Underground Concrete - Global Market Booming Worldwide with Latest Trend and Fut …
The report presents detailed information regarding the prominent players and potential competitors in the Underground Concrete - Global market. It includes comprehensive insights into their worldwide presence, economic performance, strategies, upcoming product releases, research and development initiatives, and a SWOT analysis. Additionally, the report analyses revenue share and contact details for each player. This comprehensive report aims to evaluate and forecast the market size for Fuel Monitoring Systems. It analyses revenue,
Eucalyptol - Global Market was Led by the Solution Category
This comprehensive report thoroughly assesses various regions, estimating the volume of the global Eucalyptol - Global market within each region during the projected timeframe. The report is meticulously crafted and includes valuable information on the current market status, historical data, and projected outlook. Furthermore, it presents a detailed market analysis, segmenting it based on regions, types, and applications. The report closely monitors key trends that play a crucial role in

All 5 Releases


More Releases for Tokenization

Tokenization Market: Size, Scope, Growth Opportunities 2022-2028
According to Precision Business Insights (PBI), the latest report, the market value of the Tokenization market is expected to be valued at USD 2,890.2 million in 2022 and is expected to grow at a CAGR of 18.2% in 2022-2028. The primary factors that drive the market are increasing demand for data security and enhanced technology for lowering the risk of cyber-attacks. View the detailed report description here - https://precisionbusinessinsights.com/market-reports/tokenization-market/ BFSI to
2022 Asset Tokenization Platforms Market | Detailed Report
The Asset Tokenization Platforms research report undoubtedly meets the strategic and specific needs of the businesses and companies. The report acts as a perfect window that provides an explanation of market classification, market definition, applications, market trends, and engagement. The competitive landscape is studied here in terms of product range, strategies, and prospects of the market’s key players. Furthermore, the report offers insightful market data and information about the Asset
Tokenization Market worth $5.6 billion by 2026
According to a new market research report "Tokenization Market with COVID-19 Impact, by Component, Application Area (Payment Security, User Authentication, and Compliance Management), Tokenization Technique, Deployment Mode, Organization Size, Vertical and Region - Global Forecast to 2026" published by MarketsandMarkets™, the Tokenization Market size to grow from USD 2.3 billion in 2021 to USD 5.6 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 19.0% during the forecast
Tokenization Market 2022 | Detailed Report
The market report delivers an all-inclusive analysis of the market structure along with a forecast of the various segments and sub-segments of the Tokenization industry. This wide-ranging market research report acts as a backbone for the success of business in any niche. The Tokenization market survey report has been prepared by conducting market research in a systematic manner. Moreover, the Tokenization report includes a professional in-depth study on the current
Clevver launches a service for the tokenization world — ClevverCrypto
At the end of August 2021, Clevver.io, the German legal-tech company has released ClevverCrypto – a new service for the tokenization of real-world assets. Its functionality provides customers with three major elements to get any crypto idea running: company formation in a crypto friendly jurisdiction as well as ICO/STO programming on different blockchains and a certified White-Label platform for crypto sales including investor KYC and AML. The Clevver GmbH was founded 8 years ago and today
Global Tokenization Market Size & Forecasts to 2026
According to a new market research report published by Global Market Estimates, the Tokenization Market is deemed to compose a prominent development in CAGR by 22.55% during the prediction period (2020-2026). A Tokenization is a process of forming a “token” that concocts sensitive data. It is also termed as a solution providing real-time payment data security based on all transactions. The purpose of tokenization is to reduce processing risks of