Press release
Global Tokenization Market - Industry Insights, Recent Developments, New Trends, And Forecast 2022 - 2031
The global tokenization market size is expected to grow from $1.92 billion in 2021 to $2.32 billion in 2022 at a compound annual growth rate (CAGR) of 21.09%. The change in the market growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2021. The global tokenization market size is expected to reach $5.45 billion in 2026 at a CAGR of 23.74%.The Business Research Company offers the Tokenization Global Market Report 2022 in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market's historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.
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The tokenization market consists of sales of tokenization services and solutions by entities (organizations, sole traders, and partnerships). Tokenization is a method of converting sensitive data into non-sensitive data, referred to as a token. The token has no extrinsic or exploitable meaning or value; it is a piece of data that represents another, more valuable piece of information. Tokenization protects sensitive data such as credit card data, medical information, social security numbers and others while preserving its business utility.
Some key tokenization market players are Fiserv, Inc., Visa, American Express Company, CipherCloud, Inc., TokenEx, Futurex, Symantec, AsiaPay Limited, MeaWallet, Thales Trusted Cyber Technologies, Mastercard Inc., Entrust Corporation, Bluefin Payment Systems, Sygnum Bank AG and HST.
The countries covered in the global tokenization market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global tokenization market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Tokenization Market Segmentation:
By Component
1. Solutions
2. Services
By Service
1. Professional Services
2. Managed Services
By Application Area
1. Payment Security
2. User Authentication
3. Compliance Management
By Vertical
1. Banking
2. Financial Services, and Insurance
3. Healthcare
4. IT And ITeS
5. Government
4. Retail and eCommerce
5. Energy and Utilities
By Organization Size
1. Large Enterprises
2. SMEs
See more on the report at https://www.thebusinessresearchcompany.com/report/tokenization-global-market-report
The Report's Table Of Contents includes
1. Executive Summary
2. Tokenization Market Characteristics
3. Tokenization Market Trends And Strategies
4. Impact Of COVID-19 On Tokenization
5. Tokenization Market Size And Growth
……
26. Africa Tokenization Market
27. Tokenization Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Tokenization Market
29. Tokenization Market Future Outlook and Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the tokenization market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
Directly purchase the report here: https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=5739
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The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that excels in company, market, and consumer research. It has published over 3000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets.
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