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Global Tokenization Market Competitive Strategies, Factors Contributing to Growth and Forecast 2024
Press release from: Data Bridge Market Research
Global Tokenization Market, By Geography; Component (Solution, Services); Organization Size (Large Enterprises, Small & Medium-sized Enterprises (SMEs)); Application Area (Payment Security, User Authentication, Compliance Management); Deployment Model (On-premises , Cloud) Vertical (Government and Defense, Banking, Financial Services & Insurance, IT &Telecom, Healthcare, Retail, Education) – Industry Trends and Forecast to 2024
This report consists of below pages:
• No of pages : 350
• No of Tables:220
Global Tokenization Market accounted for USD 1.12 billion in 2016 growing at a CAGR of 26.5% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Global Tokenization Market Key Drivers:
• Rise in credit/debit card fraudulent activities
• Increasing need for PCI-DSS
• Rise in the need for payment security for digital ecommerce
• Lack of knowledge about security tokens among end-users
• Addressing the vulnerabilities from EMV standards
Global Tokenization Market is segmented on the organization size, deployment model, application Area, vertical, and geography.
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On the basis of organization size, the global tokenization market is segmented into large enterprises, and small & medium-sized enterprises (SMEs).
On the basis of application area, the global tokenization market is segmented into payment security, user authentication, and compliance management.
On the basis of deployment model, the global tokenization market is segmented into on-premises, and cloud.
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On the basis of vertical, the global tokenization market is segmented into government and defense, banking, financial services & insurance, IT &telecom, healthcare, retail, education, and others.
On the basis of geography, the global tokenization market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
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Global Tokenization Market include detailed vendor level analysis for market shares in 2016 for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America specifically. Also impact and development analysis of key vendors is registered in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present market challenges, measure providers ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others. The report also measures technology life line curve and market time line to analyze and do more affective investments.
Some of the major players operating in this market are
Some of the major players of the global tokenization market are 3Delta Systems, Inc., Cardconnect Corporation, Ciphercloud, Cybersource, First Data Corporation, Fiserv, Inc., Futurex, Gemalto N.V., Hewlett-Packard Enterprise, IBM Corporation, Liaison Technologies, Inc., Oracle Corporation, Protegrity, Inc., Symantec Corporation, Thales E-Security, Inc., and others.
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About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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