Press release
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 the information and can be an alternative for the isolated and data segmentation in the database. An increase in online banking & retail payment transactions, a rise in credit/debit cardholders, and deployment of the solution in large enterprises to reduce identity thefts, and swift industrialization in APAC countries are a few of the many plungers of the global tokenization market.Browse 169 Market Data Tables and 112 Figures spread through 182 Pages on "Tokenization Market - Forecasts to 2026" https://www.globalmarketestimates.com/market-report/global-tokenization-market-2407
By Type of Component (Software and Services [Professional Services and Managed Services]), By Type of Application Area (Payment Security, User Authentication, and Compliance Management), By Type of Tokenization Technique (Application Programming Interface [API] and Gateway-Based), By Type of Deployment Model (On-premises and Cloud), By Type of Organization Size (Small & Medium-Sized Enterprises and Large Enterprises), By Type of Vertical (Banking, Finance Services and Insurance, Government, Retail, Healthcare, IT & Telecom, Energy & Utilities, Automotive, Education, and Others), By Type of Region (NA [North America], Europe, APAC [Asia Pacific], MEA [the Middle East & Africa], and CSA [Central & South America]), End-User Landscape, Vendor Landscape, Company Market Share Analysis & Competitor Analysis
Key Market Insights:
• The tokenization market will show tremendous growth with a CAGR value of 22.55% during 2020-2026.
• API segment of tokenization is seen to dominate the market from 2020 to 2026.
• Cloud is witnessed to rise at a significant rise in CAGR% in the tokenization market.
• Amongst all the regions across the globe, APAC is expected to have the highest growth over the coming years.
First Data Corporation, Fiserv Inc., Micro Focus International plc, Symantec, Thales e-Security Ltd., Visa, WEX Inc., Worldpay Group plc, Dell Technologies, CipherCloud, Futurex LP, Liaison Technologies Inc., Protegrity USA, Inc., TokenEx, Sequent Software Inc., Discover Financial Services, Carta Worldwide, Merchant Link LLC, Ingenico ePayments and other industries are the dominant players in the global tokenization market.
Browse the tokenization market report @ https://www.globalmarketestimates.com/market-report/global-tokenization-market-2407
Type of Component Outlook (Revenue, USD Million, 2020 - 2026)
• Software
• Services
• Professional Services
• Managed Services
Type of Application Area Outlook (Revenue, USD Million, 2020 - 2026)
• Payment Security
• User Authentication
• Compliance Management
Type of Tokenization Technique Outlook (Revenue, USD Million, 2020 - 2026)
• Application Programming Interface (API)
• Gateway-Based
Type of Deployment Model Outlook (Revenue, USD Million, 2020 - 2026)
• On-premises
• Cloud
Type of Organization Size Outlook (Revenue, USD Million, 2020 - 2026)
• Small & Medium-Sized Enterprises
• Large Enterprises
Type of End-User Outlook (Revenue, USD Million, 2020 - 2026)
• Banking, Finance Services & Insurance
• Government
• Retail
• Healthcare
• IT & Telecom
• Energy & Utilities
• Automotive
• Education
• Other End-User
Regional Outlook (Revenue, USD Million, 2020 - 2026)
• North America
• The U.S.
• Canada
• Mexico
• Europe
• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe
• Asia Pacific
• China
• India
• Japan
• South Korea
• Australia
• Rest of APAC
• Central & South America
• Brazil
• Argentina
• Chile
• Rest of CSA
• Middle East & Africa
• Saudi Arabia
• South Africa
• UAE
• Rest of MEA
Contact: Yash Jain
Email address: sales@globalmarketestimates.com
Phone Number: +16026667238
Website: https://www.globalmarketestimates.com/
Check our Latest Blogs: https://www.globalmarketestimates.com/blog-posts.php
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Global Market Estimates is an India based market research and consulting company. The company provides syndicated research reports, customised research reports and consulting services to their clients and helps them achieve their business goals on a commercial level. Global Market Estimates database is used by the world's well known and prolific academic institutions and Fortune 500 companies to understand the global and regional business environment to excel in their business goals.
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