Tokenization Solution Market 2021 Global Outlook - Paymetric, Inc., Protegrity USA, Inc., Broadcom Inc., Thales Group

The Tokenization Solution Market report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data. The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.

The tokenization market was valued at USD 1.2 billion in 2019 at a CAGR of 22.4% during the forecast period of 2020-2025. 

Get a Free Sample Copy of this Report:

https://www.marketinsightsreports.com/reports/01091746390/tokenization-solution-market-growth-trends-and-forecast-2020-2025/inquiry?Mode=Seven

Top Leading Companies of Global Tokenization Solution Market are Paymetric, Inc., Protegrity USA, Inc., Broadcom Inc., Thales Group, Hewlett Packard Enterprise, First Data Corporation, Cardconnect Corporation, 3delta Systems, Inc., Ciphercloud Incorporation, Cybersource Corporation, Liaison Techno and others.

Industry News and Updates:

- May 2018: Symantec Corporation, the world’s leading cybersecurity company, announced the opening of a new privacy research center, based in Saarbrucken, Germany. The new location’s effort is two-fold, to give consumers greater control over their personal data and their online footprints, and provide governments and corporations additional tools to help them be responsible custodians of data they handle.

Key Market Trends:

The Growing Demand for Secure Payment Gateways has Boosted the Market Substantially.

- The growing data breaching cases have created the demand for secure payments gateway, which is a major factor driving the demand for tokenization solution. According to the Identity Theft Resource Center (ITRC), the data breaching cases in 2017 in the US increased by 44.7% as compared to 2016. The number of data breaches in the Medical and Healthcare sector, in 2018, was reported to be 367.
- Nearly 20% of breaches included credit and debit card information, an almost 6% increase from last year. Approximately 37% of all credit card fraud in the U.S. is related to counterfeit cards. These growing data breach cases are also increasing the financial losses due to it. Hence, thriving the demand for tokenization solution.
- As the need for payment security will be increased due to the growing e-commerce sector and increasing digitization in the healthcare industry, the market for tokenization solution is estimated to grow significantly for the forecast period.

North America is Expected to Hold Significant Market Share

- North America is the dominating region in tokenization solution market, owing to the earliest adoption of advanced technology in the payment gateway industry. Most of the tokenization solution vendors are American based, hence accounting the major portion of the revenue of tokenization solution market.
- The adoption of cloud technology is highest in the region, a vital reason for growing adoption of tokenization solution. The region is also the home of all the major e-commerce major companies, where the adoption of tokenization solution is highest.
- The significant growth of retail and e-commerce industry in the region is further estimated to grow tokenization solution market. BFSI sector has also shown healthy growth in the region. The highest adoption of blockchain technology in the region is estimated to further expand the tokenization solution market significantly.

Explore Full Report With Detailed TOC Here:

https://www.marketinsightsreports.com/reports/01091746390/tokenization-solution-market-growth-trends-and-forecast-2020-2025?Mode=Seven

Highlights of the Tokenization Solution Market Report:

– Detailed overview of Tokenization Solution Market
– Changing the Tokenization Solution market dynamics of the industry
– In-depth market segmentation by Type, Application, etc.
– Historical, current and projected Tokenization Solution market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of Tokenization Solution Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth.

The research includes historic data from 2015 to 2021 and forecasts until 2025 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.

Finally, the Tokenization Solution Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, and market development rate and figure, and so on. Tokenization Solution industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.

Purchase Full Report at:

https://www.marketinsightsreports.com/report/purchase/01091746390?mode=su?Mode=Seven

We Offer Customization On Report Based On Specific Client Requirement:
- Free country Level analysis for any 5 countries of your choice.
- Free Competitive analysis of any 5 key market players.
- Free 40 analyst hours to cover any other data point.

Contact US :
Irfan Tamboli (Head of Sales)
Market Insights Reports
Phone: + 1704 266 3234 | Mob: +91-750-707-8687
sales@marketinsightsreports.com
irfan@marketinsightsreports.com

About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information, and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

This release was published on openPR.