openPR Logo
Press release

Tokenization Market: Trends, outlook and Opportunity Analysis 2025

08-23-2017 03:51 PM CET | IT, New Media & Software

Press release from: TMR - Research Reports

Tokenization Market: Trends, outlook and Opportunity Analysis

Tokenization is one of the popular options of data security. In the tokenization process, sensitive data is replaced with non-sensitive data which does not have any intrinsic or exploitable value. This non-sensitive data is referred to as token. Tokenization process is applied with the help of advanced data security process, data authentication, data storage, and authorization.

Cyber crime is a rising threat currently. Data of financial institutions, aviation industry, space and military information are regarded sensitive data and these have higher danger of being hacked. These sensitive data require strong and authenticated tokenization security. With advancement in tokenization systems, there is higher possibility of transforming sensitive data to non-sensitive data and then reverting back the non-sensitive data to sensitive data. This technological advancement drives the global tokenization market to a great extent. Large scale occurrence of data hacking is also a driving factor for the tokenization market in recent years. Tokenization is a procedure to safeguard secure data. In case of emergency, token data can replace live data and at that moment live data can perform the same job as token data. Hence, there are fewer chances of live data being used by unauthorized people and for unauthorized applications. Thus, in these instances, tokenization helps to maintain data security in a broader manner, thus enhancing the operation of various systems.

Browse Our Report @
http://www.transparencymarketresearch.com/tokenization-market.html

Keeping in view the popularity of tokenization, middleman companies do not store valuable information and criminals become the token holder. Considering the success of tokenization, it can be seen that this option has become the attractive target to fraudsters and thus there is high chance of data theft from this system. Moreover, there are lesser number of practices for securing data in the tokenization process and this is likely to limit the possibility of success of this system during the forecast period. The growth prospects of this process during the forecast period are also likely to be impacted by high cost.

On the basis of application, the tokenization market is segmented into payment security, user authentication, and compliance management. Tokenization market for payment security held the leading market share and this segment is expected to expand at the highest CAGR (compound annual growth rate) during the forecast period. Owing to growing chances of breaching data agreements, banks, financial institutions, retail shops, and small businesses incorporate these systems in their organizations. This system enables users to make any transaction using smartphones, laptops, and other electronic devices. With the rising popularity of online payments, the global tokenization market is expected to see steady growth rate over the forecast period.

Brochure With Latest Advancements With Application @
http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=27287

Based on deployment model, the global tokenization market is segregated into on-premises and cloud based. Cloud based services held the largest market share in the global tokenization market and this segment is likely to be the fastest growing. Cloud based tokenization systems help organizations to provide 24/7 services and improve management capabilities, thus broadening the scope of the tokenization market over the forecast period.

The global tokenization market is divided into five regions - North America, Europe, Asia Pacific, Middle East & Africa (MEA), and Latin America. North America held the dominant share in the global tokenization market. North America experiences growing challenges for tokenization market as this region faces greater challenges for payment security and this region meets compliance regulation to a greater extent thus broadening the market scope of tokenization market. Asia Pacific is likely to be the fastest growing regional segment in the tokenization market as larger number of organizations are deploying this system and projecting high growth trajectory for the market during the forecast period.

Some of the key players in the global tokenization market include Symantec Corporation, Hewlett-Packard Enterprises, First Data Corporation, 3Delta Systems, and others.

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports thrive to provide clients to serve their overall research requirement.

Contact

Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

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: Trends, outlook and Opportunity Analysis 2025 here

News-ID: 682367 • Views: 289

More Releases from TMR - Research Reports

Pulmonary Drugs Market is Expected to Reach US$ 28,082.1 Million by the End of 2 …
According to the research report, the global pulmonary drugs market is expected to be worth US$ 28,082.1 mn by the end of 2024 as compared to US$ 48,039.7 mn in 2015. Analysts calculate that the global market will plummet at a CAGR of -6.3% during the forecast period of 2016 and 2024. The market will thrive as the demand for combination drugs is anticipated to remain on the rise during
North America Ventricular Assist Device Market is rising to a valuation of US$ 1 …
According to TMR, the opportunity in the North America market for VADs, which stood at US$0.4 bn in 2015, is likely to expand at a healthy CAGR of 9.20% between 2016 and 2024 and increase to US$1.07 bn by the end of the forecast period. The destination therapy (DT) segment has been reporting a greater application of VADs than the other two indication segments. It is expected to remain the
Dental Membrane and Bone Graft Substitutes Market to rise to US$ 922.6 Million b …
Transparency Market Research notes that innovation and expansion into emerging regions have served these companies well in strengthening their hold in the dental membrane and bone graft substitutes market. For instance, Switzerland-based Geistlich Pharma AG - a global manufacturer and supplier of dental products and devices - expanded its operations in Sydney, Australia and New Delhi, India in 2016. The global dental membrane and bone graft substitutes market is expected to
Human Vaccines Market is Estimated to Reach US$ 72.5 Billion by 2024
The global human vaccines market was valued at US$28.3 bn in 2015 and is estimated to reach US$72.5 bn by 2024, registering an 11.2% CAGR during the forecast period. By age group, pediatric vaccines accounted for a 57.5% share in the global human vaccines market in 2015. Adult vaccines, on the other hand, are expected to expand at a 13.2% CAGR from 2016 to 2024. Based on product, the pneumococcal segment

All 5 Releases


More Releases for Tokenization

Unrestrained Cyber-Security Concerns to Spur Tokenization Market throughout 2026
At the time when there has been widespread data breaches and cyber-attacks aimed at financial statements, bank accounts, medical records, voter registration and stock trades, the significance of tokenization has escalated. Moreover, tokenization is used in card processing which further signifies the prominence of the market for tokenization. The Payment Card Industry Data Security Standard (PCI DSS) has delineated guidelines which organizations must abide by, states that credit card data
Tokenization Market: Regional Analysis, Technology Types and Applications For 20 …
The tokenization market report provides analysis for the period 2016 – 2026, wherein the period from 2018 to 2026 is the forecast period and 2017 is the base year. The report covers all the major trends and technologies playing an influential role in the market’s growth over the forecast period. It also highlights the drivers, restraints, and opportunities for the analysis of market growth during the said period. The study
Tokenization Market : Emergence of Advanced Technologies and Global Industry Ana …
Tokenization is one of the popular options of data security. In the tokenization process, sensitive data is replaced with non-sensitive data which does not have any intrinsic or exploitable value. This non-sensitive data is referred to as token. Tokenization process is applied with the help of advanced data security process, data authentication, data storage, and authorization. Obtain Report Details @ https://www.transparencymarketresearch.com/tokenization-market.html Cyber crime is a rising threat currently. Data of financial institutions, aviation
Global Tokenization Market 2017: Symantec, Gemalto, Cardconnect, Liaison, Proteg …
The Global Tokenization market research Report during 2017 to 2022 provide depth perception of the major regional market standing of the Tokenization trade on a international level that basically focuses the core regions that contains of continents such as North and South America, Europe, Africa and Asia and therefore the key countries like USA, Germany, India, China and Japan. Each regional Tokenization market has been studied totally during this report
Tokenization Global Market Research Scope & Data Analysis, Forecasts to 2023
According to Publisher, the Tokenization market is expected to grow from $697.68 million in 2016 to reach $2,466.48 million by 2023 with a CAGR of 19.8%. The increasing amount of data and growing need to manage sensitive data of customers coupled with stringent compliances is forcing organizations to adopt tokenization solutions. Compliance management and payment security among applications are some of the major factors supporting market growth due to growing
Tokenization Market Size, Share - Industry Growth 2022
Tokenization Market Size, Capacity, Trends, Outlook, Research, Analysis, Growth | Industry Report 2022 Market Research Report to It’s a Database. Download sample copy @ https://goo.gl/7MNvKU The tokenization market size to grow from USD 823.0 Million in 2017 to USD 2,258.6 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 22.4%. The constant pressure of managing sensitive data of consumers, along with the need to manage stringent compliances,